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thompete
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January 15, 2015, 10:06:13 PM |
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Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins. Still, I don't see how this affects the price  He is just some dude with some insider info. He was trying to pump the price before the crash lol Too bad that most of the time news or insider info do NOT move price (not major moves anyway), it's an illusion. I think it's serious big news.. When it is not big news, no one will take him seriously anymore.. He probably doesn't even know what's happening, hence the vague tweets. But there may be some news tomorrow - Bitcoin conference in Miami... Was it confirmed that the involvement of Kerpeles was the big news ? |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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YourMother
Legendary
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Activity: 1281
Merit: 1046
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January 15, 2015, 10:06:18 PM |
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Supply and demand...as simple as that.
now the reak question is about the inflated demand, and the complicated answer is the greedy people who were so blind to not see or ignore the huge bubble, they were also promised $10K coins, so as naive as they were they kept buying bitcoins... in fact they were buying hope and held and wishes and dreams, but now they are realizing how ignorant they were... this is why the bubble is taking so long to burst, it was delayed with hope and dreams and wishful thinking.
Edit: BTW, technical analyzes work most of the time...the fact that you don't understand charts or don't know how to use them doesn't mean they are worthless.
If technical analysis worked out most of the time then we all should've been rich by now. I'm pretty fucking sure that you or any other else never predicted $150 bitcoin followed by $200, dip to $170 and back to $220 in a ridiculous 2-3 days timeframe. What you can do with T.A is to paint a history and then place a "bet" based on it. Saying that T.A works most of the time is an overstatement. |
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SnokkomBTC
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January 15, 2015, 10:07:33 PM |
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Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins. Still, I don't see how this affects the price He is just some dude with some insider info. He was trying to pump the price before the crash lol Too bad that most of the time news or insider info do NOT move price (not major moves anyway), it's an illusion. I think it's serious big news.. When it is not big news, no one will take him seriously anymore.. He probably doesn't even know what's happening, hence the vague tweets. But there may be some news tomorrow - Bitcoin conference in Miami... Was it confirmed that the involvement of Kerpeles was the big news ? No, that's not the big news |
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Eamorr
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January 15, 2015, 10:07:41 PM |
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Japan awake.
Chinese starting their 18 hour shifts very soon.
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JamesBrown
Member
Offline
Activity: 98
Merit: 10
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January 15, 2015, 10:08:38 PM |
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Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins. Still, I don't see how this affects the price He is just some dude with some insider info. He was trying to pump the price before the crash lol Too bad that most of the time news or insider info do NOT move price (not major moves anyway), it's an illusion. I think it's serious big news.. When it is not big news, no one will take him seriously anymore.. He probably doesn't even know what's happening, hence the vague tweets. But there may be some news tomorrow - Bitcoin conference in Miami... How come a meeting becomes so important? Must be something else I think. Surprise announcement by winklevoss related to ETF? |
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elasticband
Legendary
Offline
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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January 15, 2015, 10:08:59 PM |
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Karpeles's cat is satoshi  they created bitcoin, mtgox and slikroad as a get rich quick scheme..... you heard it here folks |
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ssmc2
Legendary
Offline
Activity: 2002
Merit: 1040
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January 15, 2015, 10:10:37 PM |
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Karpeles's cat is satoshi they created bitcoin, mtgox and slikroad as a get rich quick scheme..... you heard it here folks Hory shit, I have a cat named Satoshi. |
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SnokkomBTC
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January 15, 2015, 10:10:41 PM |
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Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins. Still, I don't see how this affects the price He is just some dude with some insider info. He was trying to pump the price before the crash lol Too bad that most of the time news or insider info do NOT move price (not major moves anyway), it's an illusion. I think it's serious big news.. When it is not big news, no one will take him seriously anymore.. He probably doesn't even know what's happening, hence the vague tweets. But there may be some news tomorrow - Bitcoin conference in Miami... How come a meeting becomes so important? Must be something else I think. Surprise announcement by winklevoss related to ETF? That would be Gentlemen |
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ivyleague1985
Newbie
Offline
Activity: 56
Merit: 0
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January 15, 2015, 10:12:54 PM |
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Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins. Still, I don't see how this affects the price He is just some dude with some insider info. He was trying to pump the price before the crash lol Too bad that most of the time news or insider info do NOT move price (not major moves anyway), it's an illusion. I think it's serious big news.. When it is not big news, no one will take him seriously anymore.. He probably doesn't even know what's happening, hence the vague tweets. But there may be some news tomorrow - Bitcoin conference in Miami... How come a meeting becomes so important? Must be something else I think. Surprise announcement by winklevoss related to ETF? I don't know. But I hope the big news happens during the time we are awake, rather than the time Chinese are awake. In the first case, we can earn the first bite of the profit. |
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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January 15, 2015, 10:16:37 PM |
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WTB 13,727,775 BTC
PM
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JamesBrown
Member
Offline
Activity: 98
Merit: 10
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January 15, 2015, 10:17:16 PM |
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Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins. Still, I don't see how this affects the price He is just some dude with some insider info. He was trying to pump the price before the crash lol Too bad that most of the time news or insider info do NOT move price (not major moves anyway), it's an illusion. I think it's serious big news.. When it is not big news, no one will take him seriously anymore.. He probably doesn't even know what's happening, hence the vague tweets. But there may be some news tomorrow - Bitcoin conference in Miami... How come a meeting becomes so important? Must be something else I think. Surprise announcement by winklevoss related to ETF? That would be Gentlemen I have the feeling "Gentlemen" is some sort of an inside joke? |
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Eamorr
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January 15, 2015, 10:18:08 PM |
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Karpeles's cat is satoshi they created bitcoin, mtgox and slikroad as a get rich quick scheme..... you heard it here folks Hory shit, I have a cat named Satoshi. I got cat in my local Chinese takeaway once. |
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camolist
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January 15, 2015, 10:18:51 PM |
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im all in... countdown till crash...
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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January 15, 2015, 10:19:27 PM |
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Karpeles's cat is satoshi they created bitcoin, mtgox and slikroad as a get rich quick scheme..... you heard it here folks Hory shit, I have a cat named Satoshi. I got cat in my local Chinese takeaway once. You ate a cat named Satoshi? |
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esse83
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January 15, 2015, 10:19:52 PM |
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Ulbricht’s lead attorney, Joshua Dratel, said that Karpeles was the man pulling the strings behind Silk Road from 2011 until 2013, and that his associate Ashley Barr, a Canadian computer scientist, became the famously libertarian voice of Dread Pirate Roberts.
“Lots of little things added up to [Karpeles],” Der-Yeghiayan testified.
In a meeting with other Homeland Security agents, Der-Yeghiayan recalled saying that “we have built up quite a large amount of information that leads to this.”
Der-Yeghiayan, however, was convinced that the investigation still had further to go before making an arrest and taking Karpeles to court. He advised other law enforcement agents against speaking to Karpeles about Silk Road, so as to not tip him off.
At the time, there were investigations into several potential crimes that Karpeles had committed.
Instead, other Homeland Security investigations into Karpeles, for separate and related crimes, led investigators to seize $2 million from Karpeles in May 2013, thus tipping Karpeles off that he was on the radar of the United States government.
Although he was “upset” about the premature law enforcement contact, Der-Yeghiayan said he continued his investigation into Karpeles.
“You believed him to be the mastermind behind Silk Road, keeping it secure and operating?” Ulbricht defense attorney Dratel asked Der-Yeghiayan.
“I did,” Der-Yeghiayan testified.
As the argument was unveiled, Ulbricht let out a rare beaming smile and turned to his parents. They nodded at one another, marking the most electric moment in the trial so far.
Der-Yeghiayan testified that his own investigation had found that Mutum Sigilum, a Karpeles holding company, had registered silkroadmarket.org as a means to publicize the site further.
The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.
In the summer of 2013, a separate Baltimore-based Homeland Security investigation into Karpeles went to meet with the Karpeles's lawyers, explicitly against Der-Yeghiayan’s wishes. At this meeting, Karpeles’s lawyers brought up Silk Road and said that Karpeles was willing to give up the person he thought to be running Silk Road in order to gain immunity from other charges pending against him.
Der-Yeghiayan said he was “upset” about the contact and says he wrote a lengthy memo about the problems in the investigation.
Dratel says that it was only after this happened that Ulbricht was lured back into Silk Road, an entity he allegedly left behind two years prior, in order to be the “fall guy” who would ultimately take the charges that could leave him in prison for life.
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Mickeyb
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January 15, 2015, 10:21:37 PM |
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So everybody waiting for that big thing to happen this Friday?  |
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WeltMaster
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January 15, 2015, 10:21:58 PM |
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Starting to look like that "return to normal" dip below $200 was a bear trap.
Thank-fuck-I-held-my-margin-long
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Eamorr
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January 15, 2015, 10:22:27 PM |
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Karpeles's cat is satoshi they created bitcoin, mtgox and slikroad as a get rich quick scheme..... you heard it here folks Hory shit, I have a cat named Satoshi. I got cat in my local Chinese takeaway once. You ate a cat named Satoshi? I wondered what 嘉賓 meant on the menu. |
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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January 15, 2015, 10:24:49 PM |
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.....snip...
The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.
....snip...
he used silk road to leverage that price? What does that mean? Can someone do it again? Please |
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coinableS
Legendary
Offline
Activity: 1442
Merit: 1179
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January 15, 2015, 10:26:10 PM |
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I have the feeling "Gentlemen" is some sort of an inside joke?
Someone on reddit wrote "this is gentlemen" instead of "this is it gentlemen" during a price pump a few months ago. Everyone was all giddy with the price increase they made "gentlemen" into a thing like "to da moon". True story. |
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