redsn0w
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Activity: 1778
Merit: 1042
#Free market
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November 19, 2014, 12:58:10 PM |
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Seel bitcoin ≠ dump ( in a little deal).
Oh my GOD ......
If selling 50k to the highest bidder is not dumping, what is? Read the bold phrase. Sell bitcoin ≠ dump ( in a little deal).
Oh my GOD ......
+100Annoys me very much, that many people use the words "sell" and "dump" as synonyms today. The word "dump" lost its meaning.  honest and intelligent people are welcome here . |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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octaft
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November 19, 2014, 01:00:12 PM |
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Draper wont sell during ("dump") the next 3 years. He is in longterm. He said that in interviews.
And we all know people can always be taken at their word, and that people never lie, even when they think it will benefit them. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 19, 2014, 01:01:15 PM |
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NotLambchop
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November 19, 2014, 01:01:59 PM |
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Seel bitcoin ≠ dump ( in a little deal).
Oh my GOD ......
If selling 50k to the highest bidder is not dumping, what is? Read the bold phrase. ... 50k BTC is "a little deal" to you? Way to make me feel poor  |
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NotLambchop
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November 19, 2014, 01:03:14 PM |
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...
Annoys me very much, that many people use the words "sell" and "dump" as synonyms today. The word "dump" lost its meaning.
lol, OK.  |
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razorramon
Full Member
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Activity: 238
Merit: 100
BILIBIT.IO -1st Decentralized Token in Philippines
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November 19, 2014, 01:03:35 PM |
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the main reason atm why i want the price to rise is that the fudsters shut up again for a while...it's really annoying to see their shit over and over again...i mean sometimes it's a bit funny but most of the time it's just bearshit...
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redsn0w
Legendary
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Activity: 1778
Merit: 1042
#Free market
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November 19, 2014, 01:04:05 PM |
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Seel bitcoin ≠ dump ( in a little deal).
Oh my GOD ......
If selling 50k to the highest bidder is not dumping, what is? Read the bold phrase. ... 50k BTC is "a little deal" to you? Way to make me feel poor 50k BTC isn't a little deal for me , please be an adult person. The troll aren't welcome here . |
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jonoiv
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November 19, 2014, 01:04:29 PM |
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 Such interesting advice. |
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galdur
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November 19, 2014, 01:05:52 PM |
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It´s just Bear Dumping Syndrome. Disregard.
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NotLambchop
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November 19, 2014, 01:08:00 PM |
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Seel bitcoin ≠ dump ( in a little deal).
Oh my GOD ......
If selling 50k to the highest bidder is not dumping, what is? Read the bold phrase. ... 50k BTC is "a little deal" to you? Way to make me feel poor 50k BTC isn't a little deal for me , please be an adult person. The troll aren't welcome here . The US government is dumping 50 KBTC. So where's the problem? |
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dewdeded
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Activity: 1232
Merit: 1011
Monero Evangelist
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November 19, 2014, 01:08:26 PM |
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And we all know people can always be taken at their word, and that people never lie, even when they think it will benefit them.
Yeah, but Tim Draper is not a random dude from the street. He is widely trusted and respected. His word carrys weight and and he has lot's of credibility. |
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NotLambchop
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November 19, 2014, 01:09:43 PM |
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...
Such interesting advice.
Way to take pride in your ignorance, Buddy. Stay poor. |
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NotLambchop
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November 19, 2014, 01:10:49 PM |
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And we all know people can always be taken at their word, and that people never lie, even when they think it will benefit them.
Yeah, but Tim Draper is not a random dude from the street. He is widely trusted and respected... We adore him!  |
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Newbie1022
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November 19, 2014, 01:14:50 PM |
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Sell bitcoin ≠ dump ( in a little deal).
Oh my GOD ......
Selling a large sum of BTCs all at once to unload them and turn them into fiat = dump |
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jonoiv
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November 19, 2014, 01:15:33 PM |
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 Would be nice to see this develop in the next couple of hours or so. |
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JimboToronto
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Activity: 4004
Merit: 4469
You're never too old to think young.
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November 19, 2014, 01:16:52 PM |
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Annoys me very much, that many people use the words "sell" and "dump" as synonyms today. The word "dump" lost its meaning.
It's probably because it rhymes with "pump". Inexperienced children like like to over-use expressions they have recently learned (without really understanding the real meaning) in an attempt to make themselves seem knowledgeable and sophisticated. Good examples of that are "pump and dump" and "dead cat bounce". |
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redsn0w
Legendary
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Activity: 1778
Merit: 1042
#Free market
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November 19, 2014, 01:16:57 PM |
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Sell bitcoin ≠ dump ( in a little deal).
Oh my GOD ......
Selling a large sum of BTCs all at once to unload them and turn them into fiat = dump I've told you in a little deal , 50k btc isn't in a " little deal"  . |
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dreamspark
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November 19, 2014, 01:17:56 PM |
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Miners (businessmen who only sell) => SR (increasing velocity of money, increasing liquidity, decreasing scarcity/price) => FBI/USG (seizing all this liquidity and inducing supply shock by increasing scarcity) => Auction bidders (influential Silicon Valley Billionaires who now have an increased stake in Bitcoin the asset and not only Bitcoin companies)
This flow of money is bullish. I hope this happens until almost all the supply is in the hands of Tim Drapers and Winklevosses.
I have seen many claims that big miners sell directly to big buyers off-exchanges, I don't know whether that is true. SilkRoad apparently was accumulating bitcoins; if so, they were reducing liquidity and velocity, and increasing scarcity. In that case, the FBI seizure, by itself, did not affect the market -- it was a direct transfer from one hoarder to another. Tim Draper is holding (so he says; although his coins moved recently, it seems). Given his experience (~33% paper loss so far), the next auction winner may be a speculator who buys substantially below market to sell right away, possibly on the markets. Silkroad was accumulating Bitcoins ? What does that even mean ? Isn't that the idea of running a business?! Do you say of all other businesses that they are accumulating USD? Drapers coins moved, but guess what. Thanks to the miracle that is the blockchain fudsters only need to click their mouse once and they can see that they have just been moved to another address. I can think of 101 reasons to do this. Did you miss the article where he says he will bid again? I think your 100% wrong with the last assertion, if anything experience tells you that bidding below market just won't cut it if you want to win the coins. 33% paper loss is roughly $6 mill. Thats chump change to a billionaire. Especially one who has said again recently he still believes it could go to 10k. |
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octaft
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November 19, 2014, 01:20:52 PM |
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So Tim Draper is the new Max Keiser of bitcoin?  |
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NotLambchop
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November 19, 2014, 01:22:08 PM |
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Annoys me very much, that many people use the words "sell" and "dump" as synonyms today. The word "dump" lost its meaning.
It's probably because it rhymes with "pump". Inexperienced children... Anyone under the age of 60 is a child to a drug-addled old coot like you. |
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