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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381926 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 3 users with 9 merit deleted.)
seljo
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July 01, 2014, 09:55:53 PM

i am going to say BNP Paribas bought them all
This.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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wachtwoord
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July 01, 2014, 09:57:17 PM

i am going to say BNP Paribas bought them all
This.

I speculated this on another forum as well. The most obvious ones to want to stay anonymous.

I still want to know what they paid though Tongue
gimme_bottles
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July 01, 2014, 09:57:47 PM

i am going to say BNP Paribas bought them all
This.

Why BNP?

Sorry if I missed in some rumors.
hyphymikey
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July 01, 2014, 09:59:15 PM

How could they let people know they lost already when the award process is ongoing? You have to pass the background check before the auction so that can't be it. I bet someone won all the blocks of coins at a high price, and if I am not mistaken, I read or heard they were selling them in chunks so no one entity could turn around and sell them. I think it was on the news clip that aired right before the auction. My guess is some bank bought them all and they are trying to revise the rules, to whose benefit I have no idea.

Just wanted to publicly pat myself on the back.

EDIT: I also give less than 1% chance this entity will sell anytime soon.
wachtwoord
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July 01, 2014, 10:00:25 PM

i am going to say BNP Paribas bought them all
This.

Why BNP?

Sorry if I missed in some rumors.

They were on the leaked list, they easily have the funds available and they would likely want to remain anonymous.
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July 01, 2014, 10:00:58 PM


Explanation
ShroomsKit
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July 01, 2014, 10:02:05 PM



priceless

Messed up.
Teppino
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July 01, 2014, 10:02:24 PM

How could they let people know they lost already when the award process is ongoing? You have to pass the background check before the auction so that can't be it. I bet someone won all the blocks of coins at a high price, and if I am not mistaken, I read or heard they were selling them in chunks so no one entity could turn around and sell them. I think it was on the news clip that aired right before the auction. My guess is some bank bought them all and they are trying to revise the rules, to whose benefit I have no idea.

Just wanted to publicly pat myself on the back.

yup nice call indeed
jeezy
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July 01, 2014, 10:04:01 PM

Is there a blockexplorer that isn't lagging like hell atm?  Roll Eyes
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July 01, 2014, 10:06:55 PM

One basic marketing tool of people who sell investment funds based in gold, silver, etc. -- or bitcoin -- is to paint an apocalyptic scenario for stocks, bonds, bank savings, real estate, etc.  "Repent, the end is near, our fund is the only salvation."

Surely there wil be more financial crises in the world and in the USA, there may be moreinflation, perhaps even hyperinflation  But you can be sure the USA will survive (to the disappointment of many people outside it  Grin)  and so wll China, Russia, and Europe.

Believe me: I have lived most of my life in a country with high inflation, sometimes hyperinflation, that periodically had to redefine the currency by dropping three zeros.  (I still must have somehere coins whose nominal value today is a few pico- or femtodollars.)  Inflation and hyperinflation are a big inconvenience, waste a lot of time, make things inefficient and stressful; but people can finda ways to adapt and survive, and the country continues to function without becoming a Mad Max world.

The reason is because money (or bitcoin, or gold) is not real wealth, it is only a token that society will accept and exchange for real wealth.  The exchange is so smooth and universal that, for personal or corporate finances, it is justifiable to treat money the same as wealth.  But when considering a whole nation, or the world, one must ignore the money and focus only on the real wealth.

No matter how much  money the government creates of derstroys, confiscates or gives away, the real weath of the country will not change.  Fiddling with the finacial system, the currency, and the money supply can only change the distribution of wealth among the citizens

On the other hand, in economic crises and hyperinflation times, the austerity measures that neocons have convinced nations to use are precisely designed to trasfer wealth from ordinary citizens to the banks and big financial players.  If such a crisis comes, can bitcoin (assuming it succeeds) save our wealth from being taken that way?  I don't think that will work. For one thing among many, in a crisis most people need to take money out of investment funds and savings in order to survive; so the value of bitcoin is likely to drop, due to diminished demand, rather than increase.  


You are on your way to being an austrian.
 
Erdogan
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July 01, 2014, 10:09:24 PM

If only i could stop seeing that jorgestolfi name on every page. That would be so nice.

I don't care.
seljo
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July 01, 2014, 10:15:40 PM

i am going to say BNP Paribas bought them all
This.

Why BNP?

Sorry if I missed in some rumors.

They were on the leaked list, they easily have the funds available and they would likely want to remain anonymous.
If you are doing business with Cuba, Iran and so on what is the best tool to do it?
edwardspitz
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July 01, 2014, 10:18:04 PM

If only i could stop seeing that jorgestolfi name on every page. That would be so nice.

Maybe you are too sensitive for this forum?  Tongue
ThomasCrowne
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July 01, 2014, 10:18:59 PM

Ahh...i've been hoping to see 700+ after some time off network, but still better than sub 600!
Welcome back!  Just give it another week or so Wink
wachtwoord
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July 01, 2014, 10:19:35 PM

i am going to say BNP Paribas bought them all
This.

Why BNP?

Sorry if I missed in some rumors.

They were on the leaked list, they easily have the funds available and they would likely want to remain anonymous.
If you are doing business with Cuba, Iran and so on what is the best tool to do it?

Haha that too Wink
ejinte
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July 01, 2014, 10:25:06 PM

If only i could stop seeing that ShroomsKit name on every page. That would be so nice.
If only i could stop seeing that ShroomsKit name on every page. That would be so nice.

Jorge is actually adding something to the discoussion.

ShroomsKit's messages is all the same

"Oh we are going down without a reason stupid traders"

"Oh we are going up soon someone will dump without reason stupid traders"

"Oh yes I'm only sarcastic"

Blah blah blah

"Oh welcome to my ignore list"

Like I care
greenlion
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July 01, 2014, 10:26:39 PM



priceless

That's the same exact thing I saw. Even still, just seeing that worthless clowns name is too much..

In one of those ignored posts you missed a really messed up threat by the fake professor.
okthen
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July 01, 2014, 10:27:26 PM

Well if all the coins were indeed bought by a single entity, is that good news?
It means they bought high, so they're probably not dumpers.
On the other hand, lots of btc in one basket...
ejinte
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July 01, 2014, 10:30:48 PM

Well if all the coins were indeed bought by a single entity, is that good news?
It means they bought high, so they're probably not dumpers.
On the other hand, lots of btc in one basket...


On a third hand, lots of USD missing out who wants BTC.
YogoH
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July 01, 2014, 10:31:19 PM

CHINA BANS BITCOIN!
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