OMG really people?
To think that someone all of a sudden , being and early bird, would decide to offload all those coins right now is comical.
Plus any moron with half a brain knows that people are always watching, why create panic?
Well, in order to push the price down maybe? but I don't really think that people would go to such lengths as to move their cold storage coins, especially that many. It could simply be someone putting their coins into another form of cold storage. It could also be an exchange shifting around some coins. or it could be someone who wished to use 100btc and deposit into an exchange that has a maximum daily btc withdrawal of 100btc
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Newbies are now aware that like hardware scams permiated the btc community in 2012-2013. 2014 was the year of the altcoin scams.
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This seems like the perfect calm before the storm... Will it be a Monday call? Which way? So many questions; so little answers... Goodnight from Greece. many are still in USD. It's a pressure cooker.
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Crave: hahahahahahah lmao BUY ALL THE CAVECOIN This is no time to gamble on alts. THOSE things have sailed.
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Don't be a chicken be a rooster.
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What will you all be saying when we're trading in the $1xx range ?
100% sure I will be buying the dips
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"Can't believe they fell for it lol."-Satoshi Nakamoto
As he sits on a million BTC instead of cashing out at any point. Yeah, well thought out proposition you've made there. It occurred to me another possible reason why Satoshi was so careful to preserve his anonymity, and has not cashed those million BTC that are known to belong to him. Suppose bitcoin were to crash relatively quickly, leaving thousands of late investors with a couple billion dollars of losses. Those losers would then see themselves, rightly or wrongly, as the victims of a giant pyramid scheme, that moved those billions from their pockets to the pockets of miners, early investors, and a smattering of thieves, scammers, and assorted middlemen. Those losers would probably want to sue the culprits to recover their losses. Prosecutors would want to charge them with the crime of running a pyramid scheme. Whom would they target? The early adopters and miners can excuse themselves by saying that they just believed the whitepaper and acted openly and honestly according to it. So it would all fall on the guy who conceived the schema, wrote and distributed the software, set the network running, recruited the first members --- and made the most profit from it... (Only half " ") Who's to say he even cares anymore? Or the private keys to those early wallets are long gone? People keep bringing up Satoshi's supposed 1M coins as a cause for concern. Yet seemingly little concern for other cryptos with $M's worth of early miner coins (yeah Litecoin, I'm looking at you....fair distribution, creator holds virtually none, yet the top 100 Litecoin wallets hold ~7M LTC, with the top wallet holding 9.2%) and early pre-mine crap (RippleLabs holding 50%, etc.) So the point is, one crypto is just as good as another these days (in terms of distribution of who holds what). So back the leading horse that makes decent sense and just go with it. i read a thread with compelling reasoning that all 1M coins are in fact lost foreverForever is a subjective thing. I would be more inclined to state they are out of reach by normal means.
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