magicmexican
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February 24, 2014, 08:21:46 PM |
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Geez bitcoinbuilder prices now below 0.3
Someone seems to know something
it was 0.19 by the start of the day, doesnt mean much
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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February 24, 2014, 08:23:03 PM |
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Ok, I pulled the trigger at Coinbase and got my coins back. I am now preparing to get even more new coins at even lower prices with the rest of you vultures. It's gonna jack my average buy-in price sky high, but I can't think of a more oversold asset to park in outside of Miley Cyrus' bedroom.
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JCviggen
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:23:05 PM |
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Geez bitcoinbuilder prices now below 0.3
Someone seems to know something
We hit .19 in the previous wave of selling. Not sure if it's insider knowledge or people unloading coins they picked up very cheap on Gox earlier. Not a bad way to get your money out, so I'm not thinking of anything too sinister yet. With what is known so far, 4-1 or 5-1 odds on Gox are still buyworthy.
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zyk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:23:36 PM |
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Geez bitcoinbuilder prices now below 0.3
Someone seems to know something
they were at 0.18 this morning....yes of course everybody knows it, even the early whales at bitcoinfoundation told you that its time to cash out, cause BTC is sucked dry still no amount of reality in front of your eyes can convince you that craptofuck was hijacked by the sytem ! It is ! GTFO
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empowering
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Activity: 1078
Merit: 1441
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February 24, 2014, 08:26:12 PM |
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Yeah posted the rotters link here a few day back... quite a read... and bullish for crypto imo
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Kramerc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:31:46 PM |
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Geez bitcoinbuilder prices now below 0.3
Someone seems to know something
We hit .19 in the previous wave of selling. Not sure if it's insider knowledge or people unloading coins they picked up very cheap on Gox earlier. Not a bad way to get your money out, so I'm not thinking of anything too sinister yet. With what is known so far, 4-1 or 5-1 odds on Gox are still buyworthy. Did you buy eventually? Or had the rate gone up too much? I'm also thinking it's worth a shot at 0.2-0.25/btc.
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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February 24, 2014, 08:34:26 PM |
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I do wish people with worthy ideas would avoid using inside vernacular like "statist". It reduces your audience by a factor of about 20 when you use that word in public.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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February 24, 2014, 08:34:39 PM |
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Well, I just executed arbitrage between Stamp and BTC-e. I have 1100$ more now, though most of my fiat is on BTC-e now, not on Stamp. Hopefully, Putin won't killed BTC-e owners now : ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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JCviggen
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:35:43 PM |
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Geez bitcoinbuilder prices now below 0.3
Someone seems to know something
We hit .19 in the previous wave of selling. Not sure if it's insider knowledge or people unloading coins they picked up very cheap on Gox earlier. Not a bad way to get your money out, so I'm not thinking of anything too sinister yet. With what is known so far, 4-1 or 5-1 odds on Gox are still buyworthy. Did you buy eventually? Or had the rate gone up too much? I'm also thinking it's worth a shot at 0.2-0.25/btc. I've bought quite a lot (for me) as a gamble. Only snagged 2 of them at .19 but have bought some at .25 and some yesterday in the 30's but I've also traded back and forth a few times for quite a nice gain. At this point I'm gambling but I like the odds. I think the price drop today can be explained by arbitrage kicking in. For several days you could double your money if you could get fiat into Gox and out through builder. There must've been a bunch of people with healthy stacks who wanted a piece of that action. Thousands of coins going out through builder is now bringing the price in line with the real rate (those who bought at 90~100$) can afford to dump at .18 or so and come out slightly ahead. Either way they probably wouldn't want to stay in Gox coins longer than they need to.
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:38:50 PM |
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287623 moved > 10k BTC. Interesting....
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mmitech
Legendary
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Activity: 1148
Merit: 1001
things you own end up owning you
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February 24, 2014, 08:40:10 PM |
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Well, I just executed arbitrage between Stamp and BTC-e. I have 1100$ more now, though most of my fiat is on BTC-e now, not on Stamp. Hopefully, Putin won't killed BTC-e owners now : ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) nice, I used to to trade LTC there, but it has been 4 months since my last trade there and I don't have balls to go there again, even if the gap between stamp and BTC-e is $40, the risk is not worth it.... just be careful, at least you know who owns stamp and where to get them if anything goes wrong....
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bassclef
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February 24, 2014, 08:41:56 PM |
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I bought pi goxcoins for 1/pi bitcoins each, just for fun.
I yearn for a complex wallet.
I bit and bought 6 Goxcoins for 1.5 BTC. Let's hope that Tux really has some magical properties.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:43:24 PM |
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Well, I just executed arbitrage between Stamp and BTC-e. I have 1100$ more now, though most of my fiat is on BTC-e now, not on Stamp. Hopefully, Putin won't killed BTC-e owners now : ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) nice, I used to to trade LTC there, but it has been 4 months since my last trade there and I don't have balls to go there again, even if the gap between stamp and BTC-e is $40, the risk is not worth it.... just be careful, at least you know who owns stamp and where to get them if anything goes wrong.... Yeah, I know all exchanges are risk but it's a risk I have to make, otherwise I'd still have 8 BTC worth 5k$
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:44:51 PM |
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we all talk bullshit here, fight with each other and so on, and that guy on bitcoinbuilder made 1200 BTC in last 24 hours.
:jealousasfuck:
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EuroTrash
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:45:52 PM |
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287623 moved > 10k BTC. Interesting....
Noted, thanks ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Kramerc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:46:49 PM |
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Geez bitcoinbuilder prices now below 0.3
Someone seems to know something
We hit .19 in the previous wave of selling. Not sure if it's insider knowledge or people unloading coins they picked up very cheap on Gox earlier. Not a bad way to get your money out, so I'm not thinking of anything too sinister yet. With what is known so far, 4-1 or 5-1 odds on Gox are still buyworthy. Did you buy eventually? Or had the rate gone up too much? I'm also thinking it's worth a shot at 0.2-0.25/btc. I've bought quite a lot (for me) as a gamble. Only snagged 2 of them at .19 but have bought some at .25 and some yesterday in the 30's but I've also traded back and forth a few times for quite a nice gain. At this point I'm gambling but I like the odds. I think the price drop today can be explained by arbitrage kicking in. For several days you could double your money if you could get fiat into Gox and out through builder. There must've been a bunch of people with healthy stacks who wanted a piece of that action. Thousands of coins going out through builder is now bringing the price in line with the real rate (those who bought at 90~100$) can afford to dump at .18 or so and come out slightly ahead. Either way they probably wouldn't want to stay in Gox coins longer than they need to. Nice, happy for you. I have just one question, my Gox account in not yet validated. Is it possible for me to receive Goxcoins now? And is it possible for me to withdraw goxcoins to bbuilder site?
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empowering
Legendary
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Activity: 1078
Merit: 1441
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February 24, 2014, 08:46:57 PM |
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That's a thoughtful analysis. The reason I doubt corpcoin will unseat Bitcoin is because so few companies are able to leverage their market position into other growth industries. Microsoft had max leverage and gave us Office and XBox, but almost all of their other dozens of attempts fell flat. Google gives us Google Plus and almost as many other failed examples. MySpace didn't get creamed by Yahoo, but by another nimble startup, FB. There's danger in straying too far from your core competencies. There are exceptions, of course. Who would have thought 20 years ago that Apple would be a phone company? Still, Apple and Facebook are the exceptions that prove the rule.
MS still rules the roost in operating systems and Bitcoin will likely do the same for Crypto. The differences are they are at vastly different stages in their life-cycle, but more importantly Bitcoin by virtue of being a distributed autonomous corporation is immune to rent-seeking behavior of it's management.
I am inclined to agree with you as far as corpcoin and made a similar point myself earlier about the "ones that got away" for Google.
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TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:47:04 PM |
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Well, I just executed arbitrage between Stamp and BTC-e. I have 1100$ more now, though most of my fiat is on BTC-e now, not on Stamp. Hopefully, Putin won't killed BTC-e owners now : ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) nice, I used to to trade LTC there, but it has been 4 months since my last trade there and I don't have balls to go there again, even if the gap between stamp and BTC-e is $40, the risk is not worth it.... just be careful, at least you know who owns stamp and where to get them if anything goes wrong.... Yeah, I know all exchanges are risk but it's a risk I have to make, otherwise I'd still have 8 BTC worth 5k$ So you traded yourself up more than 10x your initial investment?
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chriswilmer
Legendary
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Activity: 1008
Merit: 1000
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February 24, 2014, 08:48:05 PM |
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we all talk bullshit here, fight with each other and so on, and that guy on bitcoinbuilder made 1200 BTC in last 24 hours.
:jealousasfuck:
I haven't been looking to closely at the bitcoinbuilder thing... are people placing a lot of trust in the guy who built it?
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JCviggen
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2014, 08:48:29 PM |
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we all talk bullshit here, fight with each other and so on, and that guy on bitcoinbuilder made 1200 BTC in last 24 hours.
:jealousasfuck:
Good idea wasn't it. I need to start working on a jump to conclusions mat. Don't think he made 1200 BTC though. Volume is 29500 give or take but that's Goxcoins. If we take the day's average it's probably 1/4th to 1/3rd BTC each. 2% of that is 147~197 BTC in fees. Not a bad day's work, obviously.
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