JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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November 21, 2014, 04:58:03 PM |
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...some big players are accumulating while these current market prices are being manipulated downward... Mysterious creatures, them... "'You may seek it with thimbles—and seek it with care; You may hunt it with forks and hope; You may threaten its life with a railway-share; You may charm it with smiles and soap—'"
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fpublicdomainreview.org%2Ffiles%2F2011%2F02%2Fsnark-strip.jpg&t=665&c=mh8SBQCGjHhlFg)
Yes: You are so creative NOT not pork. I hope that they are paying you well for all your efforts to distract and attempt at belittling the ideas of others. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Bro, that's not mine--written a while ago by Lewis Carroll. Consider reading more and writing less. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.rif.org%2Fstatic%2Fimages%2FRIF_Primary_Vertical.png&t=665&c=3fVjGo-4_Whe-A) Don't get me wrong. I am NOT of the opinion that you had created the contents of your earlier post - however, you did spend some time to search out such resource and to place it in a place that you deemed appropriate. For those efforts, I hope that they are paying you decent monetary compensation. By the way, NOT not pork, are you the only one who posts under your account? It seems that you have spent a considerable amount of time engaged in such efforts to attempt to denigrate bitcoin and to attempt to distract posters in this thread from engaging in meaningful bitcoin related discussions. For those efforts, even though you are a pain in the ass for the participants of this thread and likely a desecrater of the public good, I hope that you are being fairly compensated for efforts on behalf of the private interest that you serve.
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ChartBuddy
Legendary
Online
Activity: 2268
Merit: 1799
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 21, 2014, 05:01:11 PM |
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noobtrader
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Activity: 1456
Merit: 1000
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November 21, 2014, 05:05:40 PM |
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hmm seem price is rising again... rally imminent in 24 hours i hope, ladies and gentlemen !!!
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Net5kY
Member
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Activity: 102
Merit: 250
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November 21, 2014, 05:10:41 PM |
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And dropping again..
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dEBRUYNE
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November 21, 2014, 05:20:37 PM |
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2014 = super shit 2015 = slow steady rise out of the swamp 2016 = new highs again, but not done frantically, just gently end of 2016 = block reward halves, sparks new 5k-10k territory.
Is one possible outcome.....
Block reward already halves in may 2016, so maybe we will reach moon a bit earlier ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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spooderman
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Activity: 1652
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November 21, 2014, 05:22:03 PM |
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No block reward probably wont be until August 2016.
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janos666
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November 21, 2014, 05:23:23 PM |
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And dropping again..
It feels like it is going up while it isn't. That can't be good. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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NotLambchop
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November 21, 2014, 05:23:53 PM |
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...some big players are accumulating while these current market prices are being manipulated downward... Mysterious creatures, them... "'You may seek it with thimbles—and seek it with care; You may hunt it with forks and hope; You may threaten its life with a railway-share; You may charm it with smiles and soap—'"
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fpublicdomainreview.org%2Ffiles%2F2011%2F02%2Fsnark-strip.jpg&t=665&c=mh8SBQCGjHhlFg)
Yes: You are so creative NOT not pork. I hope that they are paying you well for all your efforts to distract and attempt at belittling the ideas of others. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Bro, that's not mine--written a while ago by Lewis Carroll. Consider reading more and writing less. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.rif.org%2Fstatic%2Fimages%2FRIF_Primary_Vertical.png&t=665&c=3fVjGo-4_Whe-A) Lorem ipsum dolor NOT amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. FTFY *Whoever is paying you is paying you by the word ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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bitebits
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Activity: 2236
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Flippin' burgers since 1163.
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November 21, 2014, 05:35:49 PM |
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Miners are NOT dumping bitcoin. Miners are generally bullish about bitcoin and generally holders.
Is there any evidence for that claim (other than some big miners saying so)? Surely some miners are making such statements, and you should already realize that you do NOT need a lot of coins in order to manipulate prices downward. If someone has 10k coins, then s/he it can accomplish a lot of BTC price manipulation. Miners dumping is NOT a logical conclusion, In short, the answer is "no, there is no evidence that miners are holding".There is Jorge, and you know it: http://www.asx.com.au/asxpdf/20141020/pdf/42t0mqrygyzd74.pdfHowever, because of investments in mining equipment and the fact that the firm is holding a significant portion of its mined bitcoin, the company posted an operating loss of $261,000.
Despite the figures, the company is downplaying the effect of short-term price fluctuations on its business and still maintains its performance is "robust".
Unlike most bitcoin companies, Digital CC Limited is a public company, trading on the Australian Securities Exchange (ASX) as 'digitalBTC'. This makes it is the only major mining operation with an obligation to provide such information, giving outsiders a rare glimpse into the inner working of a bitcoin mining company.
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MrPiggles
Sr. Member
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Decentralized Ascending Auctions on Blockchain
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November 21, 2014, 05:38:29 PM |
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Miners are NOT dumping bitcoin. Miners are generally bullish about bitcoin and generally holders.
Is there any evidence for that claim (other than some big miners saying so)? Surely some miners are making such statements, and you should already realize that you do NOT need a lot of coins in order to manipulate prices downward. If someone has 10k coins, then s/he it can accomplish a lot of BTC price manipulation. Miners dumping is NOT a logical conclusion, In short, the answer is "no, there is no evidence that miners are holding".There is Jorge, and you know it: http://www.asx.com.au/asxpdf/20141020/pdf/42t0mqrygyzd74.pdfHowever, because of investments in mining equipment and the fact that the firm is holding a significant portion of its mined bitcoin, the company posted an operating loss of $261,000.
Despite the figures, the company is downplaying the effect of short-term price fluctuations on its business and still maintains its performance is "robust".
Unlike most bitcoin companies, Digital CC Limited is a public company, trading on the Australian Securities Exchange (ASX) as 'digitalBTC'. This makes it is the only major mining operation with an obligation to provide such information, giving outsiders a rare glimpse into the inner working of a bitcoin mining company. Jorge is just a dumbass troll who tells lies he's easily caught out on, ignore him. I just had dinner cooked by Heston Blumenthal, it was rather good. The meatfruit was an especially nice touch. <paid for with bitcoin, I might add.
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JorgeStolfi
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November 21, 2014, 05:48:04 PM |
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I stand corrected. By that document, that company has mined ~13300 BTC to date, and is holding ~8500, so it has dumped only ~4800, or about 1/3. EDIT: Actually they claim to have sold ~6200 on the table. Whatever.
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ChartBuddy
Legendary
Online
Activity: 2268
Merit: 1799
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 21, 2014, 06:01:19 PM |
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empowering
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Activity: 1078
Merit: 1441
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November 21, 2014, 06:10:07 PM |
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Miners are NOT dumping bitcoin. Miners are generally bullish about bitcoin and generally holders.
Is there any evidence for that claim (other than some big miners saying so)? Surely some miners are making such statements, and you should already realize that you do NOT need a lot of coins in order to manipulate prices downward. If someone has 10k coins, then s/he it can accomplish a lot of BTC price manipulation. Miners dumping is NOT a logical conclusion, In short, the answer is "no, there is no evidence that miners are holding".There is Jorge, and you know it: http://www.asx.com.au/asxpdf/20141020/pdf/42t0mqrygyzd74.pdfHowever, because of investments in mining equipment and the fact that the firm is holding a significant portion of its mined bitcoin, the company posted an operating loss of $261,000.
Despite the figures, the company is downplaying the effect of short-term price fluctuations on its business and still maintains its performance is "robust".
Unlike most bitcoin companies, Digital CC Limited is a public company, trading on the Australian Securities Exchange (ASX) as 'digitalBTC'. This makes it is the only major mining operation with an obligation to provide such information, giving outsiders a rare glimpse into the inner working of a bitcoin mining company. Jorge is just a dumbass troll who tells lies he's easily caught out on, ignore him. I just had dinner cooked by Heston Blumenthal, it was rather good. The meatfruit was an especially nice touch. <paid for with bitcoin, I might add. Never had a bad meal at any of Heston Blumenhells restaurants... Wait when you say paid for with Bitcoin, you mean Bitcoin profits? Or with actual bits?
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redsn0w
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#Free market
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November 21, 2014, 06:16:40 PM |
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However , true story : ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FuPgmVfu.png&t=665&c=zh6CQehc8gGU8A)
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conspirosphere.tk
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Activity: 2352
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Bitcoin is antisemitic
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November 21, 2014, 06:18:30 PM |
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IMO it's no use educating Joe Public about the great wonders of Bitcoin. Joe Public is perfectly content with his credit card, bank account, PayPal, etc.
wait that Joe Public get overtaxed a bit more and then Cypro-ized and someone could go full crypto.
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brg444
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November 21, 2014, 06:19:24 PM |
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I stand corrected. By that document, that company has mined ~13300 BTC to date, and is holding ~8500, so it has dumped only ~4800, or about 1/3. EDIT: Actually they claim to have sold ~6200 on the table. Whatever. Vavilov told CoinDesk that it decided not to tap its bitcoin reserves as it remains bullish on the long-term value of bitcoin.
"We believe in the long-term perspective [the price of bitcoin] will grow and we decided to not to sell [our bitcoin] at such a low price," Vavilov added. http://www.coindesk.com/bitfury-raises-20-million-asic-development-mining-output/Bitfury is not selling. Terpin polled the crowd by asking how many sell a certain percentage of their bitcoins for fiat currencies like the dollar. One only miner raised their hand when Terpin asked if they sold 100% of their bitcoin for dollars, and about one-third of the crowd indicated that they don’t sell any of their generated bitcoins. http://www.coindesk.com/bitcoin-mining-las-vegas-convention/The folks at Hashers United conference were not selling
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DeadCoin
Sr. Member
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★ Investor | Trader | Promoter
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November 21, 2014, 06:31:56 PM |
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just more proof that Jorge is just a pathetic clueless troll who everyone should have on ignore by now. He loves to completely ignore facts and just keep spouting the same old troll shit. Quite sad and pathetic really.
That guy is among the most knowledgeable and most sane members in here.
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JorgeStolfi
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November 21, 2014, 06:37:02 PM |
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I stand corrected. By that document, that company has mined ~13300 BTC to date, and is holding ~8500, so it has dumped only ~4800, or about 1/3. EDIT: Actually they claim to have sold ~6200 on the table. Whatever. Vavilov told CoinDesk that it decided not to tap its bitcoin reserves as it remains bullish on the long-term value of bitcoin.
"We believe in the long-term perspective [the price of bitcoin] will grow and we decided to not to sell [our bitcoin] at such a low price," Vavilov added. But they did sell more (up to 50% of mined amount) when the price was a bit higher. Note that, for digitalBTC, "reserve bitcoins" means "the bitcoins that we did not sell yet". Does it mean the same for BitFury? Terpin polled the crowd by asking how many sell a certain percentage of their bitcoins for fiat currencies like the dollar. One only miner raised their hand when Terpin asked if they sold 100% of their bitcoin for dollars, and about one-third of the crowd indicated that they don’t sell any of their generated bitcoins. http://www.coindesk.com/bitcoin-mining-las-vegas-convention/So 1 miner sold 100%, 1/3 of the miners sold 0%. What about the other 2/3? The folks at Hashers United conference were not selling
Without an official balance like that of digitalBTC, I don't know whether to trust these statements. Obviously it is their interest to say that they believe that the price will go up, hence they are holding. Anyway, like the folks at digitalBTC, they may be only hoping/waiting for the price to rise again to sell. So the data seems to say that miners are selling at least a sizable fraction of their mined bitcoins.
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conspirosphere.tk
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Bitcoin is antisemitic
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November 21, 2014, 06:38:06 PM |
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That guy is among the most knowledgeable and most sane members in here.
if he's happy with his fiat he can keep his fiat. But since fiat keeps failing since day 1, there is that little insanity-thing about keeping doing the same expecting a different result.
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