gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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May 22, 2014, 11:42:55 PM |
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Just wait til the Govt start to sell off the 122k coins that it took from Russ Ulbricht. The Govt and Russ have already made an agreement that they would sell off the coins and then fight for the cash later. Im hoping that they sell to a private investor and not just dump 122k coins at once.. If the govt sells this like they normally do, with auctions, then we should be okay, but can someone do the math and see what would happen if they just dumped 122k all at once? I would assume even if they sold on the exchanges that they would do it very slowly, but we should keep an eye on that wallet.. the day that wallet starts to move is the day we should worry..
They've already had several public offers to buy the whole amount. I guess that might change if BTC reaches 90 gerbillion per coin before they're ready to sell.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 22, 2014, 11:43:01 PM |
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bigasic
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May 22, 2014, 11:44:21 PM |
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Just wait til the Govt start to sell off the 122k coins that it took from Russ Ulbricht. The Govt and Russ have already made an agreement that they would sell off the coins and then fight for the cash later. Im hoping that they sell to a private investor and not just dump 122k coins at once.. If the govt sells this like they normally do, with auctions, then we should be okay, but can someone do the math and see what would happen if they just dumped 122k all at once? I would assume even if they sold on the exchanges that they would do it very slowly, but we should keep an eye on that wallet.. the day that wallet starts to move is the day we should worry..
They've already had several public offers to buy the whole amount. I guess that might change if BTC reaches 90 gerbillion per coin before they're ready to sell. Any links to the above? Thanks for the info...
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 22, 2014, 11:44:50 PM |
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dogecoin pumps :-D lol wtf
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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May 22, 2014, 11:45:40 PM |
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Wow, can hardly believe the ripple news, why do people still think centralized and heavily owned currencies are the way forward?
Because they're stupid. But luckily the market punishes stupidity accordingly, it's the perfect form of justice. It is also capable of punishing excessive cleverness, I have noticed.
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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May 22, 2014, 11:45:55 PM |
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Just wait til the Govt start to sell off the 122k coins that it took from Russ Ulbricht. The Govt and Russ have already made an agreement that they would sell off the coins and then fight for the cash later. Im hoping that they sell to a private investor and not just dump 122k coins at once.. If the govt sells this like they normally do, with auctions, then we should be okay, but can someone do the math and see what would happen if they just dumped 122k all at once? I would assume even if they sold on the exchanges that they would do it very slowly, but we should keep an eye on that wallet.. the day that wallet starts to move is the day we should worry..
They've already had several public offers to buy the whole amount. I guess that might change if BTC reaches 90 gerbillion per coin before they're ready to sell. Any links to the above? Thanks for the info... Here's one of them http://www.businessinsider.com/falcon-global-capital-offers-to-buy-the-fbis-bitcoins-2014-2
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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May 22, 2014, 11:47:39 PM |
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dogecoin pumps :-D lol wtf omg is that real? Also....where are teh pictures of trains?
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bigasic
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May 22, 2014, 11:49:32 PM |
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That offer is for the 27k that was on SR.. Im talking about the 122k that was on Russ Ulbrichts personal wallet.. I like how he sais hes not DPR but has 122k coins..He must have had one hell of a farm, lol..... Both numbers bother me as both can cause issues to the bitcoin price, but Im pretty sure that they will auction all the coins off as that seems to be the way the govt handles seizures. Especially now that bitcoin is considered property and not money..
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dreamspark
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May 22, 2014, 11:50:13 PM |
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dogecoin pumps :-D Obviously a glitch ...
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 22, 2014, 11:52:27 PM |
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it closes lower then where it pumped from, crazy! ripple is dead doge is dying can't say i didn't see that coming....
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byronbb
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Activity: 1414
Merit: 1000
HODL OR DIE
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May 22, 2014, 11:53:04 PM |
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lol what's the name for a candle like that?
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 22, 2014, 11:55:45 PM |
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lol what's the name for a candle like that? "shooting meteor of death and armageddon" its a bearish signal...
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podyx
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Activity: 2338
Merit: 1035
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May 22, 2014, 11:56:03 PM |
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seems the 530 wall was real
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SheHadMANHands
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Activity: 1168
Merit: 1000
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May 22, 2014, 11:57:19 PM |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 22, 2014, 11:57:25 PM |
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moon!?
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derpinheimer
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Activity: 896
Merit: 1000
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May 22, 2014, 11:59:25 PM |
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Certainly a few are getting twitchy, but nothing huge yet... I feel like this is a critical moment :OO
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ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 23, 2014, 12:00:38 AM |
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