Majority of the 126k coin are going to.Eric and not the sdice holders. So it will depend on what Eric will do more than anything else
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anyone who has this many coins to drop is doing it mostly for 2 reasons 1) they need USD ala AMC converting ETCetc 2) the big whales are doing to drop prices so that they can get bigger and fatter - that's 95% of the story
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look at that.. price goes down 3% OMG OMG OMG sell off.. price goes up 3% nothing. the rally was called when it went up a lot more than 3% people like to make a lot of noise when things drop. we'll see triple digits this year 100%. 4-digits probably next year
this is nothing. once mtgox clears up their whole banking issues prices will set over $200+
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Wow... I would NOT trust a bot with 1000+ BTC.
Especially if it relies on MtGox connection.
Even if someone would, I doubt they would trust it to sell that much at once without human input. people have been doing it for a long time - they are *likely* up quite a bit on their *initial* investment.. so attempting to move the markets is a risky bet but one some are willing to play as it can pay off well with more coin
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The satoshi dice selloff has started. And for the first time in quite a few days, mtgox is finally following the downward trend set by bitstamp...
what? noone has even "received" their buyout.. just bots.. as usual.. nothing to see A bot just dumped 1600 BTC? bots dump a lot more than that (could be a miner too) it's insignificant that someone or something dumped 1600 of coins.. zzzz
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The satoshi dice selloff has started. And for the first time in quite a few days, mtgox is finally following the downward trend set by bitstamp...
what? noone has even "received" their buyout.. just bots.. as usual.. nothing to see
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winklevoss twins strike again!
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no limit... deep pockets?
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This all feels very rushed and, honestly, coming from someone like Erik who completely understand the Bitcoin economy and the side-effects such a sudden move might have on the market, it seems rather careless and distant from any kind of long term commitment towards Bitcoin. It's a market move.
Where is this idea coming from that Bitcoin is being sold for fiat? blitz, the mod
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Jumping to conclusions much?
Why would s.dice holders receiving modest payouts dump their dicidends all at once?
They're not releasing all $160 to one person you know.
"The sky is falling, the sky is falling!" ^ THIS is what depresses the price, and it's YOUR fault.
There are 100 million shares, so it's 350k BTC, and they're to be released tomorrow within a few hours: This letter is being posted roughly 24 hours prior to the payout, at which point MPEX holders will receive .0035 BTC per share plus the small additional amounts mentioned above. […] The payout will occur in roughly 20 increments over a period of several hours
The sky isn't falling, the sun is exploding and it's consuming the earth. Goodbye. he said that mpex shareholders are being paid more than private investors. he also mentioned total he is getting from the sale so he's not going to be adding an extra 20000 coins out of his own pocket
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Goodbye, triple digits.
who HAS that many coins - very few people in the world. do they need to buy the coins first? very interesting indeed
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you forget that the people who are the loudest are usually the ones with issues and most upset. people who withdrew fine would not be looking around the forums trying to figure out what the issue is. japanese withdrawals have been confirmed from what i gather. btw, a little birdie told me we are going over 100 any moment
btw, watch the roger vir video re mt gox.
I've been semi-absent for a while and am surprised by the continued large discrepancy in price between MTGox and bitstamp (and BTC-e to a lesser degree, since for most it's hard to move money there). Is the common opinion this discrepancy is caused by the difficulty in withdrawing from MTGox? the difference was most likely created due to withdrawal issues with gox. people started getting coins on gox (price up) moving them to bitstamp etc and selling (price down). this difference should disappear once gox figures things out, hopefully.
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you forget that the people who are the loudest are usually the ones with issues and most upset. people who withdrew fine would not be looking around the forums trying to figure out what the issue is. japanese withdrawals have been confirmed from what i gather. btw, a little birdie told me we are going over 100 any moment
btw, watch the roger vir video re mt gox.
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401ks and so forth. it's for the legal framework for people to invest
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based on what i saw - ken sold off on coins @65$. if he had waited a week more he'd have gotten 30% more $. these kind of things will eat away at his business unless he is able to maximize the time and amount he sells. that would probably help him a great deal to pace out his exchange orders (and not in a way to crash the market)
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we need more of these. today.
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those are called flippers. every biz has them
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I sense the up your ass formation using the outta my ass TA method
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Wait till the bubble deflates!! buyer beware!
the bubble has just started it'll start deflating when it hits $20,000/coin
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everyone on this forum has these. that's the issue
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