pjviitas
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October 05, 2014, 09:38:18 PM |
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this won't be over until the hash rate stops going up and stabilizes for a bit, maybe even goes down
too many idiots dumping money into mining equipment which means that we are still in bubble stage, just like mining gold folks
there is also a lag effect for mining equipment which means that the price will dip a bit to punish the piggies
marginal cost of production - marginal revenue = 0
ain't no different.
When you add the fact that there is a systemic problem with mining Bitcoin its going to get a lot worse before it gets better...I mean how many 1TH/s miners does one think they can plug into a typical 200A house panel? Sure there may be larger mining facilities out there but they have higher overheads. I can't help thinking that the Bitcoin Protocol is actually working exactly as its supposed to...the greater the greed eventually everyone loses.
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 05, 2014, 09:38:34 PM |
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why would he cash out in one go. If it was me I would do it gradually, more profit :s
and/or off exchange he hasn't cashed out in one go the order is sitting there waiting
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fonzie
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October 05, 2014, 09:38:57 PM |
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Hmm, that is slightly worrying... Very strange... How do we know that this is the address of the guy that owns the wall on Stamp? Did i miss something?
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robinwilliams
Member
Offline
Activity: 112
Merit: 10
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October 05, 2014, 09:39:45 PM |
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highest price in sept of 2012 was 125
12.5 lol ouch
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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October 05, 2014, 09:41:25 PM |
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highest price in sept of 2012 was 125 nope that was September 2013, September 2012 price was less than $10
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blaaaaacksuit
Sr. Member
Offline
Activity: 280
Merit: 250
Who cares?
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October 05, 2014, 09:42:33 PM |
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Hmm, that is slightly worrying... Very strange... How do we know that this is the address of the guy that owns the wall on Stamp? Did i miss something? We dont. you do know where you are, right?
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vuduchyld
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October 05, 2014, 09:44:34 PM |
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Doesn't look like 300 will hold on stamp
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 05, 2014, 09:45:37 PM |
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how many people going to be wiring money into bitstamp tomorrow AM? lol
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gnode
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October 05, 2014, 09:46:00 PM |
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Hmm, that is slightly worrying... Very strange... How do we know that this is the address of the guy that owns the wall on Stamp? Did i miss something? We dont. you do know where you are, right? Hal Finney's coins
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 05, 2014, 09:46:48 PM |
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Hmm, that is slightly worrying... Very strange... How do we know that this is the address of the guy that owns the wall on Stamp? Did i miss something? We dont. you do know where you are, right? Hal Finney's coins his moved a while back in the spring from what i recall
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adaseb
Legendary
Offline
Activity: 3864
Merit: 1732
Up to 300% + 200 FS deposit bonuses
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October 05, 2014, 09:46:59 PM |
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How do you know that deposit address is owned by Bitstamp in the first place?
Could be a coincidence
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tbcoin
Legendary
Offline
Activity: 1022
Merit: 1000
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October 05, 2014, 09:47:29 PM |
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....
How do we know that this is the address of the guy that owns the wall on Stamp? Did i miss something?
We don't know, but we do not believe in coincidences. A long time holder move about 34,400btc and right after big dumps and epic 30k ask wall...
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uhoh
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October 05, 2014, 09:48:25 PM |
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That wall is bot controlled... appeared earlier staggered by the dollar. You'd have to be an idiot to put that there unless you wanna scare the shit out of the market. Mission Accomplished.
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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October 05, 2014, 09:49:25 PM |
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Doesn't look like 300 will hold on stamp
So before I go to sleep. What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall? Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins? Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling. Theories?
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fonzie
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October 05, 2014, 09:49:26 PM |
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IS FTC preparing for a pump, or is it alredy over? I think i´m gonna buy me some.
Fuck me, i missed the FTC pump! Should have bought into like i planned yesterday.
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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October 05, 2014, 09:51:25 PM |
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Doesn't look like 300 will hold on stamp
So before I go to sleep. What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall? Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins? Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling. Theories? One of those sounds right
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vuduchyld
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October 05, 2014, 09:55:44 PM |
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Doesn't look like 300 will hold on stamp
So before I go to sleep. What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall? Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins? Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling. Theories? Well, it's clearly not the best way to sell to maximize profit. On the other hand, could be somebody just wants to take their $9 million and live the rest of their life on an island. That is plenty, I would think. The thing that makes me think it's unlikely that somebody is just cashing out? They would have started with about $360,000 when they bought in. My guess is that most people who would have $360,000 liquid enough to put into BTC would either not need to run with the $9mm right now, or at least they would be savvy enough to avoid selling in a way that is so sub-optimal. It's really hard to imagine the rationale, unless it's the reverse Willy bot http://bitcoinpricelive.com/chinese-bitcoins-crash-market/
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vuduchyld
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October 05, 2014, 09:57:54 PM |
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Doesn't look like 300 will hold on stamp
So before I go to sleep. What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall? Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins? Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling. Theories? Well, it's clearly not the best way to sell to maximize profit. On the other hand, could be somebody just wants to take their $9 million and live the rest of their life on an island. That is plenty, I would think. The thing that makes me think it's unlikely that somebody is just cashing out? They would have started with about $360,000 when they bought in. My guess is that most people who would have $360,000 liquid enough to put into BTC would either not need to run with the $9mm right now, or at least they would be savvy enough to avoid selling in a way that is so sub-optimal. It's really hard to imagine the rationale, unless it's the reverse Willy bot http://bitcoinpricelive.com/chinese-bitcoins-crash-market/(Or, has already been postulated, it's an attempt to move the market.)
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Schickeria
Member
Offline
Activity: 84
Merit: 10
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October 05, 2014, 09:58:07 PM |
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Doesn't look like 300 will hold on stamp
So before I go to sleep. What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall? Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins? Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling. Theories? I guess he/they simple wants sell. Maybe speculated for a double bottom and failed. Now he wants to take the ~9,000,000 USD leave the game. I think: it's an offer, not bearish, not bullish, a simple offer.
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