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21  Bitcoin / Bitcoin Discussion / Re: BTC thief on: December 02, 2013, 01:04:49 AM
xchanga.com possibly related? search his user
22  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2013, 08:24:55 AM

Why are we assuming that this was a whale and not simply sell pressure that was unsupported by buying action since the fiat system is closed down for the weekend?

Can't you just believe that people are coming in droves? One such came in last month. Now everybody is waiting, counting their coins. If no drove comes, everybody sells, newcomers and old ones alike.

I know the magnitude of droves grows on average 1140% per year. It's a lot, but you cannot draw the conclusion that each month the USD flow is bigger than last month. Because it isn't.

It's not so simple. Selling pressure is dynamic also.

People who have been holding for months and are used to $140/BTC as a "fair price" are probably going to think $1100 a coin is ludicrous when we first arrive at that price. This may induce selling.

If strong support materializes and we stay above $1000, long-term impressions change and long-term holders may re-evaluate their concept of a fair price.

I believe sell pressure is strongest during the hike up. Even if cashflow in begins to taper I expect we can stay in this price range.

Of course, cash in naturally drops during the weekend and we see minor selloffs.

i actually sold my coins because i thought 10$ was the normal price for them. i come from 2011 lel

If you actually thought your coins were worth $10 you would have sold them in April.

I mined like 5 and then never checked bitcoin for 2 years till like 5 days ago no joke. lol it was just a little hobby
23  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2013, 08:19:07 AM
Why are we assuming that this was a whale and not simply sell pressure that was unsupported by buying action since the fiat system is closed down for the weekend?

Can't you just believe that people are coming in droves? One such came in last month. Now everybody is waiting, counting their coins. If no drove comes, everybody sells, newcomers and old ones alike.

I know the magnitude of droves grows on average 1140% per year. It's a lot, but you cannot draw the conclusion that each month the USD flow is bigger than last month. Because it isn't.

It's not so simple. Selling pressure is dynamic also.

People who have been holding for months and are used to $140/BTC as a "fair price" are probably going to think $1100 a coin is ludicrous when we first arrive at that price. This may induce selling.

If strong support materializes and we stay above $1000, long-term impressions change and long-term holders may re-evaluate their concept of a fair price.

I believe sell pressure is strongest during the hike up. Even if cashflow in begins to taper I expect we can stay in this price range.

Of course, cash in naturally drops during the weekend and we see minor selloffs.

i actually sold my coins because i thought 10$ was the normal price for them. i come from 2011 lel
24  Economy / Speculation / Re: The Great Crash on: December 01, 2013, 07:44:43 AM
this guy is hilarious
25  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2013, 07:38:33 AM
bitcoin december crash coming wohooo, calm before the storm, panic buyers buying back before big dip hehehehehehehe
26  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2013, 07:29:04 AM
i smell crash
27  Economy / Currency exchange / Re: 2 BTC Available. Buy Right Away. on: December 01, 2013, 01:30:48 AM
ITT: Some person who spent a while writing fake reviews on their shitty site with shitty english in all of them (lol) trying to prove hes not a scammer when he really shouldnt need to
28  Economy / Currency exchange / Re: [EXCHANGE] Buying Bitcoins with Paypal Reputable & Safe from ฿0.01-50.00+ on: November 29, 2013, 09:30:21 PM
Just sold .62 BTC to him currently awaiting the confirmation so he can pay me. I dont think hes going to scam me so this is a big vouch for maidak.
29  Economy / Games and rounds / Re: Regarding PrimeDice Faucet + GIVEAWAY on: November 29, 2013, 05:00:34 PM
user id: 6884
 Thanks
30  Economy / Currency exchange / Re: Buying BTC for IBAN, SEPA, Wire, Amazon, WU, MG- BITCOIN BLACK FRIDAY SPECIAL!! on: November 29, 2013, 03:45:14 PM
ill sell you .62 for paypal
31  Bitcoin / Mining / Re: Everybody, launch your Bitcoin client! (node) on: June 14, 2011, 03:46:14 AM
woot my confirmations just spiked
32  Bitcoin / Mining / Re: 17000 BTC from 240 accounts on: June 11, 2011, 09:36:33 PM
doesn't each generated block go to a new address?  IE this is someone who had old bitcoins and was like ... oh, i have 250thousand from that silly program I ran years ago... that's nice!  and cashed out?

The reason bitcoin is so valued right now is because of these coins that are not in circulation.  It's a good thing that these old coins are getting back into the mix, it makes the currency more stable the more spread out the coins are.  We have to get this sort of thing out of our system...

Imagine what would happen if some of the people with 100k+ cashed out!


http://blockexplorer.com/tx/16b292ac07ccde99b022812ff7ad260376b11c6adf7f79f725cea64933d294f8
33  Bitcoin / Mining / Re: [POOL] [BETA] SimplyBTC.com Mining Pool [0% fee, JSON-API, LP, USA-Dedi] on: June 11, 2011, 09:34:22 PM
bump
34  Bitcoin / Mining / Re: [POOL] [BETA] SimplyBTC.com Mining Pool [0% fee, JSON-API, LP, USA-Dedi] on: June 10, 2011, 05:39:24 PM
A button that leads back to the dashboard from the statistics would be ideal
35  Bitcoin / Mining / Re: Does Cross Fire help? on: June 10, 2011, 04:58:33 AM
I would say no, crossfire works by alloting half the screen for one card to render while another one renders the other half. In mining the Gpu is being used for math calculations so crossfire would only make things worse i would assume.
36  Other / Obsolete (selling) / Re: Selling 1 year xbox live gold card on: June 10, 2011, 04:19:40 AM
Sold fast and smooth trade
37  Bitcoin / Mining / Re: [POOL] [BETA] SimplyBTC.com Mining Pool [0% fee, JSON-API, LP, USA-Dedi] on: June 10, 2011, 04:16:34 AM
Bump
38  Bitcoin / Pools / Re: [Pool] EcoCoin - Offset your carbon footprint! Profits buy trees and rainforest on: June 10, 2011, 04:14:41 AM
Love the idea good luck mate
39  Bitcoin / Mining / Re: [POOL] [BETA] SimplyBTC.com Mining Pool [2% fee, JSON-API, LP, USA-Dedi] on: June 10, 2011, 03:01:43 AM
Tx you need to make it so people can change their password for their account on the site
40  Bitcoin / Mining / Re: [POOL] [BETA] SimplyBTC.com Mining Pool [2% fee, JSON-API, LP, USA-Dedi] on: June 09, 2011, 09:20:12 PM
Its back on now
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