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bangersdad
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June 21, 2014, 07:50:01 AM |
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Surely there is only one way the price can go after the auction.....up up up..as soon as we can breakthru the resistance at $620 its gonna trigger lots of buys and then the party can really start.
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yrtrnc
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June 21, 2014, 07:50:34 AM |
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The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.
Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates. IMHO, these people are not looking for a quick profit. |
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TERA
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June 21, 2014, 07:54:40 AM |
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I bet there are at least a couple traders in all those bidders but they probably won't actually win in the auctions and will be outbid by bulls who won't trade.
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DubFX
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June 21, 2014, 07:58:14 AM |
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The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.
Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates. In my opinion they sure WILL be able to buy it atleast 10-20% under these market rates, wich means anybody that would sell it would still get almost instant profit of 10-20% it just trully depends on the buyer and we can only hope. |
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ChartBuddy
Legendary
 Offline
Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 21, 2014, 08:00:51 AM |
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TERA
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June 21, 2014, 08:01:16 AM |
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The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.
Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates. In my opinion they sure WILL be able to buy it atleast 10-20% under these market rates, wich means anybody that would sell it would still get almost instant profit of 10-20% it just trully depends on the buyer and we can only hope. That's only a theoretical profit. You have to account for all the risks involved in bitcoin and in the purchase, the risk of market movement inbetween your purchase and when you will actually be able to trade, and the amount that you are going to drive down the market when you are selling. That is why I add an extra margin to make it 30% instead of 10-20%. |
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Bagatell
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June 21, 2014, 08:05:34 AM |
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The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.
Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates. In my opinion they sure WILL be able to buy it atleast 10-20% under these market rates, wich means anybody that would sell it would still get almost instant profit of 10-20% it just trully depends on the buyer and we can only hope. That's only a theoretical profit. You have to account for all the risks involved in bitcoin and in the purchase, the risk of market movement inbetween your purchase and when you will actually be able to trade, and the amount that you are going to drive down the market when you are selling. That is why I add an extra margin to make it 30% instead of 10-20%. And then there's the IRS. I believe there's a bigger hit if they sell sooner rather than later. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 21, 2014, 09:00:51 AM |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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June 21, 2014, 09:29:58 AM |
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they should move the police car - it´s on the landing spot ! That's Fonzie's landing spot - either way, he (Fonzie) is gonna go SPLAT. |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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June 21, 2014, 09:39:34 AM |
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words
Where did your other 1700 posts go and why? I'm NOT sure what you mean...  ? For one thing, I have an imitator, poster, which could also be someone in the thread.. I suppose.. and additionally, you snipped the content of the referenced post, which was from me... and that referenced post shows my current post count as in the 1800s... which seems accurate... |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 21, 2014, 10:00:51 AM |
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fonzie
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June 21, 2014, 10:00:54 AM |
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they should move the police car - it´s on the landing spot ! That's Fonzie's landing spot - either way, he (Fonzie) is gonna go SPLAT. JayJuanGee that is not very nice of you, your bitterness makes me sad. |
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Parazyd
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June 21, 2014, 10:09:17 AM |
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Marching towards $600 again. Slow, but steady. Also, it's Saturday  USA is gonna wake up soon. |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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June 21, 2014, 10:10:24 AM |
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they should move the police car - it´s on the landing spot ! That's Fonzie's landing spot - either way, he (Fonzie) is gonna go SPLAT. JayJuanGee that is not very nice of you, your bitterness makes me sad. Maybe I misunderstood? I thought that you were doing a self-portrait action shot? and you wanted our opinions? |
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ShroomsKit
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June 21, 2014, 10:24:57 AM |
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Marching towards $600 again. Slow, but steady. Also, it's Saturday USA is gonna wake up soon. I'm pretty sure there are people keeping the price down so don't get too excited. |
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TERA
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June 21, 2014, 10:28:13 AM |
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Why is every downwards market movement perceived to be done artificially by some malicious force? What if it is simply that there is not enough buying pressure and the buyers aren't capable of supporting the weight of the market?
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fonzie
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June 21, 2014, 10:34:44 AM |
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Why is every downwards market movement perceived to be done artificially by some malicious force? What if it is simply that there is not enough buying pressure and the buyers aren't capable of supporting the weight of the market?
Maybe you should discuss this with ShroomsKit via PM , he has some really convincing and valid arguments. I have done it before and it changed my mind totally! Without the manipulators we would already be at 10000000$ |
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MatTheCat
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June 21, 2014, 10:42:26 AM |
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Why is every downwards market movement perceived to be done artificially by some malicious force? What if it is simply that there is not enough buying pressure and the buyers aren't capable of supporting the weight of the market?
Maybe you should discuss this with ShroomsKit via PM , he has some really convincing and valid arguments. I have done it before and it changed my mind totally! Without the manipulators we would already be at 10000000$ Damn manipulators!  |
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TERA
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June 21, 2014, 10:47:13 AM |
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Instead of talking to ShroomsKit maybe I can obtain a Shrooms Kit and have my own crazy visions and feelings about what is behind market movements. What is included in a Shrooms Kit anyway? A bunch of accessories and tools?
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