hdbuck
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February 28, 2014, 04:23:10 PM |
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To counter the FUD, the most important news of the day is actually something unrelated to Gox and Vietnam.
Fortress has bought $20m worth of bitcoins at an average price of ~$900
they bought these today?? No, last year then it doesnt matter.. Fortress are not idiots. They wouldn't have purchased an asset like this unless they believed they would get at least 5-10x return yea but right now it looks like their investment got almost divided by 2.. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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joehal
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February 28, 2014, 04:23:42 PM |
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Karpeles and the other insiders have to be prosecuted! I'm strictly against any solution providing those fraudsters an easy exit. Of course they will be prosecuted. BUt now is the chance for the first time to build a truly transparent and crowd sourced exchange. 1 million people have the interest in doing so.
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Solarstorm75
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February 28, 2014, 04:25:39 PM |
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Of course they will be prosecuted. BUt now is the chance for the first time to build a truly transparent and crowd sourced exchange. 1 million people have the interest in doing so.
Just do it. You don't need Gox or Karpeles for that.
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mmitech
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February 28, 2014, 04:27:48 PM |
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am I reading that right ? only $20K invested in Bitcoin, but it is the first step which is positive.... also I wonder what do they think about this investment today if they bought at an average of 900 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fckbopb8.png&t=665&c=o9EILff8jlt53A)
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RicePicker
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February 28, 2014, 04:28:30 PM |
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am I reading that right ? only $20K invested in Bitcoin, but is the first step which is positive.... also I wonder what do they think about this investment today if they bought at an average of 900 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fckbopb8.png&t=665&c=o9EILff8jlt53A) Those figures are in millions...
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Dragonkiller
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February 28, 2014, 04:28:34 PM |
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am I reading that right ? only $20K invested in Bitcoin, but is the first step which is positive.... also I wonder what do they think about this investment today if they bought at an average of 900 $20m
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Loozik
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February 28, 2014, 04:29:39 PM |
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am I reading that right ? only $20K invested in Bitcoin, but is the first step which is positive.... also I wonder what do they think about this investment today if they bought at an average of 900 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fckbopb8.png&t=665&c=o9EILff8jlt53A) It is probably in usd thousands. So 20,000k were used to purchase bitcoins.
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mmitech
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February 28, 2014, 04:29:51 PM |
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am I reading that right ? only $20K invested in Bitcoin, but is the first step which is positive.... also I wonder what do they think about this investment today if they bought at an average of 900 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fckbopb8.png&t=665&c=o9EILff8jlt53A) Those figures are in millions... fortress invested a total of 364 Billion ? ah what are you smoking
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hdbuck
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February 28, 2014, 04:32:00 PM |
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am I reading that right ? only $20K invested in Bitcoin, but is the first step which is positive.... also I wonder what do they think about this investment today if they bought at an average of 900 *snip Those figures are in millions... fortress invested a total of 364 Billion ? ah what are you smoking $364 MILLIONS... What are YOU smoking? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) those figures are expressed in $k so you just add 000...
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mmitech
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February 28, 2014, 04:32:09 PM |
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yes this is doallars in thousands ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FKlOOleL.png&t=665&c=GnvriJKZgcu7_g) so 20 Million invested in Bitcoin, I feel bad for them now hahahaha
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tarmi
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February 28, 2014, 04:32:47 PM |
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To counter the FUD, the most important news of the day is actually something unrelated to Gox and Vietnam.
Fortress has bought $20m worth of bitcoins at an average price of ~$900
they bought these today?? No, last year then it doesnt matter.. Fortress are not idiots. They wouldn't have purchased an asset like this unless they believed they would get at least 5-10x return Yes, they are idiots. even markets proved them idiots. this. they are bag hodlers now.
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Dragonkiller
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February 28, 2014, 04:33:17 PM |
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yes this is doallars in thousands ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FKlOOleL.png&t=665&c=GnvriJKZgcu7_g) so 20 Million invested in Bitcoin, I feel bad for them now hahahaha Lol even if it goes to zero, they don't really care about $20m
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Serge
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February 28, 2014, 04:33:24 PM |
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fortress invested a total of 364 Billion ? ah what are you smoking
1,000k does not make a billion. what are you smoking? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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mmitech
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February 28, 2014, 04:35:33 PM |
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fortress invested a total of 364 Billion ? ah what are you smoking
1,000k does not make a billion. what are you smoking? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yes I was wrong, millions they corrected me before, but still 20 million invested in Bitcoin at an average of 900, come one the are total pigs, price is going up buy buy buy.... hahahaah
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dreamspark
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February 28, 2014, 04:35:48 PM |
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20 million is pocket change, thats what people dont understand about how this si still super early stages of adoption. Once a few big players like this invest we're going parabolic again. When that happends though is another matter entirely !
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Serge
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February 28, 2014, 04:36:56 PM |
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fortress invested a total of 364 Billion ? ah what are you smoking
1,000k does not make a billion. what are you smoking? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yes I was wrong, millions they corrected me before, but still 20 million invested in Bitcoin at an average of 900, come one the are total pigs, price is going up buy buy buy.... hahahaah maybe they sold at 1200 and rebought at 600?
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Dragonkiller
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February 28, 2014, 04:38:10 PM |
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fortress invested a total of 364 Billion ? ah what are you smoking
1,000k does not make a billion. what are you smoking? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yes I was wrong, millions they corrected me before, but still 20 million invested in Bitcoin at an average of 900, come one the are total pigs, price is going up buy buy buy.... hahahaah maybe they sold at 1200 and rebought at 600? And where would they trade $20m worth of bitcoin so easily?
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mmitech
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February 28, 2014, 04:38:11 PM |
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this will effect the price instantly if they would be buying from exchanges, but most likely they wont, and I still want to know how to purchase 10k bitcoins off exchanges and how they work out the price...
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Grafzep
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February 28, 2014, 04:41:29 PM |
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This is what a takeover looks like.
Real money wants in. Thanks, kids, for coming up with this here “Bitcoin” – we get it now. You’ve shown that it’s so robust and useful that even the incompetent and the illegal can take it to $10Bn. Now kindly leave and let us take it from here.
That letter from the Next Money Representative 5 left MK hanging out to dry. He thought they would help, but they just supplied a coup de grace. They want a clear-out and to bring in a legislative framework. They’re building acceptance, so the unacceptable need to go.
Short term, the media and banks will crucify the ecosystem. This will cover the smart money accumulation phase. Some here will hand over their coins in exchange for a car or a house. That’s fine, and it’s a shame others got burned, but there’s a handover going and a little turbulence is to be expected.
We’re heading out of beta.
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Serge
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February 28, 2014, 04:41:43 PM |
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moving roughly initial 22k coins on exchanges is not such a big deal, ofc it makes impact but nothing drastic if not dumping/buying all at once
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