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September 08, 2025, 12:14:39 PM *
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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26837007 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
Searing
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Clueless!


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June 13, 2014, 03:47:14 AM

I bet the auctioned coins go at or over market price. The savings of slippage along with the fact that you are getting the most "legal" purchase of all time is huge.


good point I overlooked the 'legal' aspect of the coins...all on the up and up so to speak....might be attractive to a person jumping in from the 'regular?" investment world (wish those guys would get off the fence already)

Searing
samsonn25
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June 13, 2014, 03:47:53 AM

Shouldnt drop below 500, if it does next major support is 430.
Walsoraj
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Ultranode


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June 13, 2014, 03:48:19 AM

Perhaps the major selling today was by insiders who knew about Ghash's plan to attack the network?
samsonn25
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June 13, 2014, 03:52:57 AM

and some miners were hoarding mined coins to sell when the price went up
AZwarel
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June 13, 2014, 03:59:38 AM

Quote
The USMS will not transfer bitcoins to an obscene public address, a public address apparently in a country restricted by the Office of Foreign Assets Control (OFAC), a public address apparently associated with terrorism, other criminal activities, or otherwise hostile to the United States.

Lame!


yes, even talibans need bitcoin.  Roll Eyes

I was focusing on the no vulgar Bitcoin addresses part.



Imagine the headlines:

30 k bitcoins sold for 15 mill to

1FuCKyouUSofA1and1Youcank1ssMY88Ass


I just spit my beer over the keybord. shit, needs more cleaning!  Grin
Gingermod
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June 13, 2014, 04:00:51 AM

https://blockchain.info/double-spends

ghash pls
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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June 13, 2014, 04:01:43 AM


Explanation
Bitcoin_is_here_to_stay
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June 13, 2014, 04:02:15 AM


What do these double spends mean? 51% attack?

EDIT: There are even triple spends. Can somebody please explain how it is related to GHash.IO exceeding 50% hashrate?
Searing
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June 13, 2014, 04:07:59 AM

Perhaps the major selling today was by insiders who knew about Ghash's plan to attack the network?


ack! what!!!!

(scrambles to google)

you jest right?

Searing
jl2012
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June 13, 2014, 04:13:44 AM


What do these double spends mean? 51% attack?

EDIT: There are even triple spends. Can somebody please explain how it is related to GHash.IO exceeding 50% hashrate?

No, not related at ALL
TERA
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June 13, 2014, 04:14:32 AM

It took about 2 weeks to break that 2 week old trendline and fall.  I think it'll take at least a month or two to break the 2 year old trendline if it does so.
hmmmstrange
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June 13, 2014, 04:24:49 AM

fuck i gata buy!

 brb


How many coins you got, Adam?  I would've thunk that you had thousands of coins, already.   and you would have largely bought back in in the lower $400s, if NOT lower.

 Cheesy

no... sadly i'm no where near being a bitlionaire

With a June 13, 2011 join date, I'd estimate Adam to have 500 to 1000 coins. But it's really none of our business.
windjc
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June 13, 2014, 04:36:20 AM

It took about 2 weeks to break that 2 week old trendline and fall.  I think it'll take at least a month or two to break the 2 year old trendline if it does so.

Repeat trendlines with pics please.
aminorex
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June 13, 2014, 04:40:44 AM


What do these double spends mean? 51% attack?

EDIT: There are even triple spends. Can somebody please explain how it is related to GHash.IO exceeding 50% hashrate?

No, not related at ALL

All of those multiple spends were in blocks relayed by either cex.io or by lukejr, both of whom are known for their historical behavior of attacking cryptocurrency security using their hashing power, in lukejr's case, successfully.
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June 13, 2014, 04:44:44 AM

I bet the auctioned coins go at or over market price. The savings of slippage along with the fact that you are getting the most "legal" purchase of all time is huge.
But there are 4000 new coins mined per day, totally clean.  Why would those 30'000 coins from the FBI (8 days' worth of mining) make such a difference?
jl2012
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June 13, 2014, 04:46:31 AM


What do these double spends mean? 51% attack?

EDIT: There are even triple spends. Can somebody please explain how it is related to GHash.IO exceeding 50% hashrate?

No, not related at ALL

All of those multiple spends were in blocks relayed by either cex.io or by lukejr, both of whom are known for their historical behavior of attacking cryptocurrency security using their hashing power, in lukejr's case, successfully.

A private key owner could double/triple/quadruple.....-spend his coin (of course, only one of these could be included in the blockchain). It's not related to mining pool.
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June 13, 2014, 04:46:51 AM

We are starting to gain back a little of today's losses across each of the exchanges.  I would be stoked if we can stabilize off at $600 or $600+
aminorex
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June 13, 2014, 04:47:07 AM

I bet the auctioned coins go at or over market price. The savings of slippage along with the fact that you are getting the most "legal" purchase of all time is huge.
But there are 4000 new coins mined per day, totally clean.  Why would those 30'000 coins from the FBI (8 days' worth of mining) make such a difference?


mined coins are not totally clean.  they may be the gains of a criminal enterprise.  there is no legal precedent which says they are not counterfeit.  the coins sold by the u.s. marshall's service are guaranteed.
Raystonn
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June 13, 2014, 04:47:18 AM

I bet the auctioned coins go at or over market price. The savings of slippage along with the fact that you are getting the most "legal" purchase of all time is huge.
But there are 4000 new coins mined per day, totally clean.  Why would those 30'000 coins from the FBI (8 days' worth of mining) make such a difference?


This will be the U.S. Government's first Bitcoin transaction, ever.  Historical, and bullish.
medialab101
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June 13, 2014, 04:48:49 AM

Price on the way back up
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