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Author Topic: who the fuck just bought 30k bitcoins  (Read 2398 times)
homeyhomedawg
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January 24, 2013, 10:01:45 PM
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mtgox
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cedivad
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January 24, 2013, 10:04:43 PM
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mtgox

A smart investor. (wait one month before saying I'm stupid).

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Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
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January 24, 2013, 10:05:38 PM
 #3

He bought btc at a low price, a clever move...
homeyhomedawg
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January 24, 2013, 10:07:12 PM
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he dropped the bitcoin 2 bucks in like an hour
Bit_Happy
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January 24, 2013, 10:11:43 PM
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he dropped the bitcoin 2 bucks in like an hour

No he reacted to the drop, and bought at the lower prices.

homeyhomedawg
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January 24, 2013, 10:15:59 PM
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hows it just drop 3 bucks magically?
it was 19 then 16
did some drug dealer need half a mil real quick and firesale all his bitcoins
notme
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January 24, 2013, 10:52:57 PM
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hows it just drop 3 bucks magically?
it was 19 then 16
did some drug dealer need half a mil real quick and firesale all his bitcoins

Someone with BTC wanted USD... simple as that.  Anything else is 99.99999% likely to just be your imagination.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
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January 24, 2013, 11:05:17 PM
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hows it just drop 3 bucks magically?
it was 19 then 16
did some drug dealer need half a mil real quick and firesale all his bitcoins

Someone with BTC wanted USD... simple as that.  Anything else is 99.99999% likely to just be your imagination.

I am not very good with the blockchain, but it would be interesting to note if  the bitcoin-days-destroyed changed significantly with the sale

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mjc
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January 24, 2013, 11:06:17 PM
 #9

More than likely it was not someone buying 30K that drove the price down, but someone selling that many and someone was ready to sell.


If it drives the price down its someone in a hurry to sell.

If it drives the price up its someone in a hurry to buy.

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January 24, 2013, 11:09:51 PM
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hows it just drop 3 bucks magically?
it was 19 then 16
did some drug dealer need half a mil real quick and firesale all his bitcoins

Someone with BTC wanted USD... simple as that.  Anything else is 99.99999% likely to just be your imagination.

I am not very good with the blockchain, but it would be interesting to note if  the bitcoin-days-destroyed changed significantly with the sale
Check the charts:
http://blockchain.info/charts

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
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January 25, 2013, 12:31:34 AM
 #11

What difference does it make?  Were you hoping the price would go lower?

(gasteve on IRC) Does your website accept cash? https://bitpay.com
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January 25, 2013, 01:38:19 AM
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What difference does it make?  Were you hoping the price would go lower?

if your referring to my question about bitcoin days destroyed...  I was just wondering if it was someone who may have just purchased them... or is it someone that has been holding them from way back when

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Third Way
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January 25, 2013, 02:17:08 AM
 #13

What's the best way to turn $30 thousand into Bitcoins?

blease resbond -> 1BYJKxpntNn6TZbM5M5CWkEb8vr8vDcBrr
Desolator
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January 25, 2013, 04:00:07 PM
 #14

Someone smarter than the guy who just sold about 30K bitcoins.
zoinky
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January 25, 2013, 10:30:48 PM
 #15

Someone smarter than the guy who just sold about 30K bitcoins.

Matter of opinion.
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January 25, 2013, 10:35:55 PM
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BlackLilac Jordan
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January 25, 2013, 10:54:05 PM
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What's the best way to turn $30 thousand into Bitcoins?


Wire transfer to mtgox in my opinion.
Third Way
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January 25, 2013, 11:20:52 PM
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What's the best way to turn $30 thousand into Bitcoins?


Wire transfer to mtgox in my opinion.

To be honest I'd rather do it in $400 dollar installments through Bitinstant. I would never transfer that much money from a financial institution to another. No way in hell I'm goin gto leave such a paper trail.

Guess it'sback to the drawing board.

blease resbond -> 1BYJKxpntNn6TZbM5M5CWkEb8vr8vDcBrr
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