Those guys in the video are just a bunch of scammers with no credibility in front of anybody with half a brain.

I love how nothing is considered off topic in this thread, from random trolling to serious debate, there are times in which "wall observing" is just noise

Nothing compared to Bitcoin. The price of stocks of the South Sea Company started at roughly 100 GBP - the peak was 1.000 GBP. A ten-fold increase from 1719 to 1720.

We just had a ten-fold increase in BTC only in the last month. There's has been NOTHING comparable to Bitcoin in history.

I have to say that as a seller I had the same problem with buyers. While I honored the only sell I've been involved in, despite of the price going up during the sale, when the price went down because of the reddit attack I tried to sell MSC sending PM to at least 5 buyers and I got no answer at all... Until 5 days passed and the price went up again - then the sellers replied me if I was still willing to sell 20% below the market price... That's lame. Some rule should apply.

Do it:)

Now seriously: if he wants to dump, he still needs to do it in an orderly fashion. In summer 2011 somebody dumped hundred of k's of BTC and took the price to $0.01 (a forum user bought like 270k BTC for $3k), and Gox just halted trading and "rolled back". If something like that happens (hundred of k's dumped) the exchange would just stop the activity as they would assume that something fishy is going on.

The blockchain and it's many revolutionary uses (among which the possibility to transfer value in a trust less and decentralized fashion) gives Bitcoin a very definite, "real world" intrinsic value. The blockchain has multiple uses that have the potential to become more important than those of gold.

I kinda hoped you already understood that.

Only 1000 persons with 1000 coins or more? I think that in the 1k range we have more than that, I'd say at least 2000 persons. Just remember that 1000 coins just costed $12.000 in January 2013.

Nobody will sue them, LE will arrest him with similar charges as per DPR. They already have its full dox.

If he boldly sell the coins on an exchange he will get caught immediately after.. All kinds of AML/KYC procedures are triggered at both the exchange and bank level when somebody tryies to cash out dozens of millions quickly. Bitcoin liquidity is still a joke.

Secondly, just look at the guys Facebook and at the amateurish mistakes he made leading to his dox. Look at how ridiculously badly coded was the SMP. And finally, amuse yourself watching how the guy is desperately trying to tumble the coins, failing hard because he is anxiously trying to tumble all of them instead of leaving the big stash in a few addresses and tumbling just a few hundreds every day (the only way to effectively launder such an amount). He is mixing his own coins over and over, that is very telling - he is an amateur and he is anxious.

At least 96k. There are other suspicious addresses (many of them), but seems highly unlikely that that market could have had such a massive volume (+200k coins), especially considering that SR had only 27k in users funds when it was shut down. Nevertheless:

1) after the media attention to SR the number of black market usets is growing exponentially. BMR is closing because it cannot handle the amount of traffic, in fact there are real concerns about Tor not being able to scale in order to accommodate services with such a huge amount of users.

2) the genie is out of the bottle. Some thought that after SR the "black market use" of Bitcoin was going to disappear. They were delusional. In fact, smart contracts and other applications of the block chains are a killer app for the black market. This is growing, day by day. The insane amount of BTC stolen by such an amateur operation as sheep market is very telling. Compare that to the amount of coins stolen from inputs.io or GLBS. Probably not even Gox is holding 100k BTC of it's users at this moment. Sheep market did.

3) the operator of sheep market was an amateur. He has been doxed. Probably he will end up behind bars soon, and in any case he will have a hard time cashing out the coins. Look at how he is desperately trying to launder them: it's pathetic and amateurish, you just cannot launder 100k coins as he is trying to do because there aren't another 100k from other users to mix you coins with. Either he cashes out in small chunks from localbitcoins, either he is caught very soon.

Sorry, it was a typo - I edited the post, I'm willing to place an ask

Please add an ask to the order book for 100 MSC @ 0.19 BTC

Sheep marketplace turned out to be a scam, operator is now desperately tumbling at least 96k BTC.

http://www.reddit.com/r/SheepMarketplace/comments/1rvlft/i_just_chased_him_through_a_bitcoin_tumbler_and/

http://www.reddit.com/r/SheepMarketplace/comments/1ru5ir/founda_wallet_containing_98million_worth_of_coins/

A little reminder to all the newcomers about what happens when you sell on weekends: https://www.youtube.com/watch?v=4axmD2YvPnA

This just means that the top is not yet around the corner. The faster it grows, the sooner it crashes.

Yep, tell that to those who bought for $0.05 in July 2010 and then sold at $20 in Summer 2011, "bringing home" a profit of 1-2 million $. Now they would have close to $100MM.

Selling most of your coins is for suckers.

This is funny. When I started to trade actively (January this year) a "wall" was +20k coins. Now 500 coins is considered a "wall". When and if we hit 5 figures, 50 BTC will be considered a "wall". Funny indeed

No. If somebody wins somebody has to lose.

$40k

Good christians do not do that

Good. This is bullish.

"Be greedy when others are fearful"...