cr1776
Legendary
 Offline
Activity: 4004
Merit: 1299
|
 |
February 24, 2014, 11:47:55 PM |
|
Second Market suspending investments - what could be the cause?  what does it mean - where do they keep their coins? Jesus Christ can we please enforce some newbie rules and get rid of these shit accounts +1. No one does any research before they post. |
|
|
|
|
|
|
|
|
|
|
|
|
|
Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
CryptoNames
|
|
February 25, 2014, 12:08:14 AM |
|
Second Market suspending investments - what could be the cause? what does it mean - where do they keep their coins? Jesus Christ can we please enforce some newbie rules and get rid of these shit accounts +1. No one does any research before they post. + Infinity The conversations on this forum went downhill once the newbie restrictions were abolished. |
|
|
|
jl2012 (OP)
Legendary
Offline
Activity: 1792
Merit: 1092
|
|
February 27, 2014, 03:42:54 AM |
|
490XBT bought yesterday, plus 70XBT on Monday and Tuesday
|
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
February 27, 2014, 03:47:45 AM |
|
Not really active buying those 400 coins..
|
|
|
|
jl2012 (OP)
Legendary
Offline
Activity: 1792
Merit: 1092
|
|
February 27, 2014, 04:07:22 AM |
|
Not really active buying those 400 coins..
What do you mean by not active buying? |
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
February 27, 2014, 04:08:27 AM |
|
Not really active buying those 400 coins..
What do you mean by not active buying? I mean they haven't really bought lot of those cheap 400$ coins. |
|
|
|
jl2012 (OP)
Legendary
Offline
Activity: 1792
Merit: 1092
|
|
February 27, 2014, 04:10:19 AM |
|
Not really active buying those 400 coins..
What do you mean by not active buying? I mean they haven't really bought lot of those cheap 400$ coins. Yes, it may happen later when the price further settles at or above the current level |
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
|
|
|
Peter R
Legendary
Offline
Activity: 1162
Merit: 1007
|
|
February 27, 2014, 04:13:38 AM |
|
Not really active buying those 400 coins..
What do you mean by not active buying? I mean they haven't really bought lot of those cheap 400$ coins. But remember the BIT is an investment trust and not a hedge fund. They may time their buys somewhat based on market dynamics, but in general they simply buy BTC as new investors deposit $ funds into the BIT. So the amount of coins they buy is more a measure of the sentiment of new and existing BIT investors, rather than when Barry thinks the market has bottomed. |
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
February 27, 2014, 04:22:54 AM |
|
Yeah, I understand that. But thought they might had people in the line that waited for cheaper coins.
|
|
|
|
SpeculateThis
Newbie
Offline
Activity: 50
Merit: 0
|
|
February 27, 2014, 04:42:44 AM
Last edit: February 27, 2014, 04:58:59 AM by SpeculateThis |
|
Not really active buying those 400 coins..
What do you mean by not active buying? I mean they haven't really bought lot of those cheap 400$ coins. But remember the BIT is an investment trust and not a hedge fund. They may time their buys somewhat based on market dynamics, but in general they simply buy BTC as new investors deposit $ funds into the BIT. So the amount of coins they buy is more a measure of the sentiment of new and existing BIT investors, rather than when Barry thinks the market has bottomed. +1 Just think of all the market research and analytics they have performed to map out their long term plan. They probably don't want to be placing 5000K+ orders in the dips to rattle the market and grab the attention of us onlookers. The coins right now are dirt cheap to them  Pair the fact that Gox's years of BS have now been exposed, with the news about the Second Market exchange and its CCMF! |
|
|
|
|
Peter R
Legendary
Offline
Activity: 1162
Merit: 1007
|
|
February 27, 2014, 04:48:18 AM |
|
Yeah, I understand that. But thought they might had people in the line that waited for cheaper coins.
That's a good point seleme. What I don't know is how fast a BIT investor can inject $ and get Barry to buy; however, I would imagine it is at least one day and possibly more. If so, BIT is an impractical vehicle (compared to a BitStamp account) for timing the market bottom. |
|
|
|
|
rjp55
|
|
February 27, 2014, 04:58:14 AM |
|
When does Second Market start operating?
|
|
|
|
|
TERA
|
|
February 27, 2014, 05:00:55 AM |
|
Wow I would have thought second market would have been one of the whales down there buying up the 400 crash. It leaves me wondering who it was.
|
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
February 27, 2014, 05:07:59 AM |
|
There are some rumors that Mark approached them to buy Gox. After they have found out what's going on, they were legally in the red to trade on that information and apparently they are very law abiding firm so their CEO ordered no trades at that point.
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
February 27, 2014, 05:09:13 AM |
|
Yeah, I understand that. But thought they might had people in the line that waited for cheaper coins.
That's a good point seleme. What I don't know is how fast a BIT investor can inject $ and get Barry to buy; however, I would imagine it is at least one day and possibly more. If so, BIT is an impractical vehicle (compared to a BitStamp account) for timing the market bottom. Unless you send them a money and order them to buy at certain point, like putting a limit order at Bitstamp. |
|
|
|
Peter R
Legendary
Offline
Activity: 1162
Merit: 1007
|
|
February 27, 2014, 05:12:10 AM |
|
Yeah, I understand that. But thought they might had people in the line that waited for cheaper coins.
That's a good point seleme. What I don't know is how fast a BIT investor can inject $ and get Barry to buy; however, I would imagine it is at least one day and possibly more. If so, BIT is an impractical vehicle (compared to a BitStamp account) for timing the market bottom. Unless you send them a money and order them to buy at certain point, like putting a limit order at Bitstamp. Yes, that could be the case. I think cypherdoc holds BIT in his 401k. Perhaps he would know. |
|
|
|
jl2012 (OP)
Legendary
Offline
Activity: 1792
Merit: 1092
|
|
February 28, 2014, 05:49:09 AM |
|
1030XBT bought yesterday
|
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
|
|
|
|
F-bernanke
|
|
February 28, 2014, 05:56:21 AM |
|
1030XBT bought yesterday
Thats quite substansial, Obviously Barry does not have concers about the gox situation. |
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
February 28, 2014, 06:08:40 AM |
|
1030XBT bought yesterday
Thats quite substansial, Obviously Barry does not have concers about the gox situation. Barry is buying for his customers, not for himself. |
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
February 28, 2014, 06:12:01 AM |
|
Nice. I hope we see that trend continue; maybe the media coverage will bring in some investments. Just not on the exchanges.
|
|
|
|
|
|
