Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Vycid]

it's priced in.

4.5% of all bitcoins ever to exist are acquired by a single scammer and prices are 93% of the ATH.
That's not priced in.

What's price in is that he might be able to dump. All bets are off if/when it is determined that he can and will.

If he's going to sell then he will probably sell them in small chunks at market value without crashing the market, why would he want to get any less for them? And he'll probably try to sell them outside of the exchanges.

lol.

why should he care? I would dump them just for fun. People do crazy things just for fun.  

Suppose, he's dead anyway by the looks of it.

What makes you say that?

[Voodah]

Do you guys really think Putin would allow the Feds to come in and close BTC-e?

[Vycid]

Do you guys really think Putin would allow the Feds to come in and close BTC-e?

Are you for real?

Unless Putin is buddies with the BTC-e guys he will fail to give a solitary fuck what happens to them, considering they aren't Russian.

Even if he would care he'd probably be too busy killing bears with his hands to notice.

[kurious]

Anyone else getting Gox misbehaving - getting  ow prices showing when bitcoinwisdom shows way higher... and then the odd 502 message upon refresh

Looking glitchy - or is it just me?

[tarmi]

He doesnt have to do dump anything. He could sell them off market in 1k chunks for 500 k $.

And then watch the fireworks.

[maz]

it's priced in.

4.5% of all bitcoins ever to exist are acquired by a single scammer and prices are 93% of the ATH.
That's not priced in.

What's price in is that he might be able to dump. All bets are off if/when it is determined that he can and will.

If he's going to sell then he will probably sell them in small chunks at market value without crashing the market, why would he want to get any less for them? And he'll probably try to sell them outside of the exchanges.

lol.

why should he care? I would dump them just for fun. People do crazy things just for fun.  

Suppose, he's dead anyway by the looks of it.

What makes you say that?

The sheep reddit sub has a few individuals who are dedicated to finding him, and by the looks of it they either have, or aren't far off. Considering the types of people that used the SMP who's money he has just stolen, then it's not a far cry to suggest that if his true identity is discovered, there will be revenge.

[maz]

Do you guys really think Putin would allow the Feds to come in and close BTC-e?

Yes, they could kill two birds with the one stone and pick up Snowden while their there.

Of course not, America is shit scared of Russia, they wouldn't dare.

[Vycid]

Do you guys really think Putin would allow the Feds to come in and close BTC-e?

Yes, they could kill two birds with the one stone and pick up Snowden while their there.

Of course not, America is shit scared of Russia, they wouldn't dare.

It's in Bulgaria.

But you know, besides that minor detail, totally.

[Voodah]

Do you guys really think Putin would allow the Feds to come in and close BTC-e?

Are you for real?

I am, yeah.

The Russian take pride in those kinds of things. They will never allow a full US operation and shakedown in their turf.

If it were to happen (through cooperation), the Russians themselves would be doing all the arresting and sequestering. But meh.. who knows..  BTC-e might be helping them right now with some occasional laundering..

I don't see it happening. At least not until another big big round of alt pumping & dumping.  

[kurious]

it's priced in.

4.5% of all bitcoins ever to exist are acquired by a single scammer and prices are 93% of the ATH.
That's not priced in.

What's price in is that he might be able to dump. All bets are off if/when it is determined that he can and will.

If he's going to sell then he will probably sell them in small chunks at market value without crashing the market, why would he want to get any less for them? And he'll probably try to sell them outside of the exchanges.

lol.

why should he care? I would dump them just for fun. People do crazy things just for fun.  

Suppose, he's dead anyway by the looks of it.

What makes you say that?

The sheep reddit sub has a few individuals who are dedicated to finding him, and by the looks of it they either have, or aren't far off. Considering the types of people that used the SMP who's money he has just stolen, then it's not a far cry to suggest that if his true identity is discovered, there will be revenge.

1.  I think if we know he is being tracked - so does he
2.  He was a dealer / trader - he will have been careful to be anonymous
3.  He must have pretty good tech know-how to have busted the echange and gradually looted every account without being seen
4. He can buy a lot of muscle with that kind of cash - a private army if needs be

I don't think it's a cert they will find him, he just need to lie low and have access to a computer and keep the coins cold for a while somehow.

Interesting - we shall see.

But whatever happens - I can't see all the coins suddenly being restored to their previous owners 'just like that'.  Think about it.

[Vycid]

Do you guys really think Putin would allow the Feds to come in and close BTC-e?

Are you for real?

I am, yeah.

The Russian take pride in those kinds of things. They will never allow a full US operation and shakedown in their turf.

If it were to happen (through cooperation), the Russians themselves would be doing all the arresting and sequestering. But meh.. who knows..  BTC-e might be helping them right now with some occasional laundering..

I don't see it happening. At least not until another big big round of alt pumping & dumping.  

BULGARIA IS PART OF THE EUROPEAN UNION.

Sorry, I feel like there's some communication difficulty here. I will reduce sarcasm levels accordingly.

[Odrec]

Do you guys really think Putin would allow the Feds to come in and close BTC-e?

Isn't BTC-e in Bulgaria?

[maz]

Do you guys really think Putin would allow the Feds to come in and close BTC-e?

Yes, they could kill two birds with the one stone and pick up Snowden while their there.

Of course not, America is shit scared of Russia, they wouldn't dare.

It's in Bulgaria.

But you know, besides that minor detail, totally.

I think you'll find we have all generally accepted it's in Russia, regardless of where it actually is.

[TiagoTiago]

I wonder how long before there is a comedy movie about a couple of college kids that hack into a bitcoin blackmarket and make themselves filthy rich, but then spend the rest of the movie running away from both dangerous drug dealers and angry tech-savy internet lynch mobs...

[ElectricMucus]

BTC-e probably will outlast mtgox.

[Voodah]

Do you guys really think Putin would allow the Feds to come in and close BTC-e?

Are you for real?

I am, yeah.

The Russian take pride in those kinds of things. They will never allow a full US operation and shakedown in their turf.

If it were to happen (through cooperation), the Russians themselves would be doing all the arresting and sequestering. But meh.. who knows..  BTC-e might be helping them right now with some occasional laundering..

I don't see it happening. At least not until another big big round of alt pumping & dumping.  

BULGARIA IS PART OF THE EUROPEAN UNION.

Sorry, I feel like there's some communication difficulty here. I will reduce sarcasm levels accordingly.

So what

They work with russian banks, russian payment systems and russian credit card processors.

You think anyone really cares where the company is founded?

Where's the money is what matters.

[ElectricMucus]

Vycid: Care to tell us where you got the information that btc-e is in Bulgaria? I get the feeling you are a little butthurt that this little exchange not only provides the best rates while it's run in a dilettantish fashion it has provided a more stable and secure service than everybody else. Have a little FUD?

[Tzupy]

He doesnt have to do dump anything. He could sell them off market in 1k chunks for 500 k $.

And then watch the fireworks.

Yes, that's what I would do if I were in his shoes.

[seljo]

BTC-e probably will outlast mtgox.

Wanna bet?

[Aido]

Care to tell us where you got the information that btc-e is in Bulgaria?

http://lmgtfy.com/?q=btce