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JorgeStolfi
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October 27, 2015, 08:01:19 AM |
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as i understand it one new victim buys btc and sends them to MMM which takes some of the BTC and sells them to pay the older victims
so afterall it should lead to revenue but not necessarily buy pressure
Does he pay out in money? I would expect him to pay out in bitcoin too, for the same reason that he takes bitcoin. Many of the victims will surely re-invest all their payouts in the scheme, and then add some more money. Thus the net effect of the ponzi should be to lock up increasing amounts of bitcoin in (a) the members' accounts, (b) in transit, and (c) in Mavrodi's deep pockets.
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ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 27, 2015, 08:01:36 AM |
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ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 27, 2015, 09:01:40 AM |
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LFC_Bitcoin
Diamond Hands
Legendary

Activity: 4256
Merit: 12788
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October 27, 2015, 09:25:20 AM |
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Ok, I'm back.
Let the rally continue!
It's that magic 300 we can't seem to break. I mean in the bigger picture 300 is f**k all but we just can't seem to break it & stay above it.
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spooderman
Legendary

Activity: 1722
Merit: 1047
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October 27, 2015, 09:37:02 AM |
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i'd rather chill at 290 for 6 months than break 300 and drop back down to 230 yet again.
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koryu
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October 27, 2015, 09:37:31 AM |
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weekly rsi overbought. Need to cooldown a bit before we can continue with the rally. Guess people who play it safe will take profits here. But I am holding and move a bit into altcoins.
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Melupira89
Sr. Member
  

Activity: 403
Merit: 252
BIM BUM...... SCAM!!!
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October 27, 2015, 09:52:42 AM |
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i'd rather chill at 290 for 6 months than break 300 and drop back down to 230 yet again.

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ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 27, 2015, 10:01:34 AM |
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ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 27, 2015, 11:01:53 AM |
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DaRude
Legendary

Activity: 3314
Merit: 2187
In order to dump coins one must have coins
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October 27, 2015, 11:07:58 AM |
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Sure lots of coins for sale around $300. Didn't see any mining profitability analyses lately but might be the point where mining turns green so they dump all their reserves on open exchanges. Ok, I'm back.
Let the rally continue!
It's that magic 300 we can't seem to break. I mean in the bigger picture 300 is f**k all but we just can't seem to break it & stay above it.
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8up
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October 27, 2015, 11:43:23 AM |
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weekly rsi overbought. Need to cooldown a bit before we can continue with the rally. Guess people who play it safe will take profits here. But I am holding and move a bit into altcoins.
if this is indeed(?) pre-bubble territory. rsi is nowhere near overbought on the weekly.
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ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 27, 2015, 12:01:58 PM |
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Proxiebuier
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October 27, 2015, 12:08:42 PM |
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it's magic  price comeback to $290 and it's very easy to hit $300 at this moment  Go go go Bitcoin we will hit $300
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LFC_Bitcoin
Diamond Hands
Legendary

Activity: 4256
Merit: 12788
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October 27, 2015, 12:14:40 PM |
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it's magic  price comeback to $290 and it's very easy to hit $300 at this moment  Go go go Bitcoin we will hit $300 We don't seem to be able to make that final push at the moment for various reasons.
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ghandi
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October 27, 2015, 12:50:59 PM |
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Rockets launched! 
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Fakhoury
Legendary

Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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October 27, 2015, 12:56:30 PM |
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Rockets launched!  Yup, it's time to update my bullish news thread 
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dloghwak
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October 27, 2015, 01:00:04 PM |
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this is gentlemen? 
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LFC_Bitcoin
Diamond Hands
Legendary

Activity: 4256
Merit: 12788
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October 27, 2015, 01:07:10 PM |
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Ooooh damn, are we going to push over 300 today? 
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ErisDiscordia
Legendary

Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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October 27, 2015, 01:09:16 PM |
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this is gentlemen?  prepare your 300 pics gentlemen.
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koryu
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October 27, 2015, 01:14:51 PM |
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any news/rumors about the fed decision?
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