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dnaleor (OP)
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November 18, 2013, 05:32:37 PM
 #1

C R A Z Y

#BTC until 1000 USD (or 6100 RMB)


Mt.Gox: 6480 coins left
Bitstamp: 2400 coins left
BTCchina: 1970 coins left


 Cool Cool Cool
GigaCoin
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November 18, 2013, 05:34:55 PM
 #2

C R A Z Y

#BTC until 1000 USD (or 6100 RMB)


Mt.Gox: 6480 coins left
Bitstamp: 2400 coins left
BTCchina: 1970 coins left


 Cool Cool Cool

Great post! If this scarcity continues i think we should see prices surge to $1000+ within the next few days!

I think everyone is hoarding at the moment, and mining is probably not keeping up with the demand.

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November 18, 2013, 05:59:21 PM
 #3

Doesnt Satoshi sit on a pile of a million coins? Why doesnt he release some into the public?

Night gathers, and now my bitcoinwisdom watch begins.
amadeo
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November 18, 2013, 06:00:03 PM
 #4

So what could happen when there are no more coins? Will the value will grow even more? Or people will loose interest and it will drop?
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November 18, 2013, 06:00:21 PM
 #5

Doesnt Satoshi sit on a pile of a million coins? Why doesnt he release some into the public?

yeah satoshi if your reading this throw me some love please, thank you!
humanitee
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November 18, 2013, 06:00:53 PM
 #6

Doesnt Satoshi sit on a pile of a million coins? Why doesnt he release some into the public?

yeah satoshi if your reading this throw me some love please, thank you!

Price goes up until someone thinks that's the right price and sells.

That is assuming demand keeps up.

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Open4lies
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November 18, 2013, 06:06:56 PM
 #7

So what could happen when there are no more coins? Will the value will grow even more? Or people will loose interest and it will drop?

If no one would like to sell, people will loose interest buying at exchanges and mine Bitcoin instead


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November 18, 2013, 06:10:12 PM
 #8

I don't know about other exchanges than Gox, but the 6480 number is bullshit.
There are more coins for sale on Gox now than 12h ago, and right now the number is about 11800.

Sometimes, if it looks too bullish, it's actually bearish
kireinaha
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November 18, 2013, 06:12:47 PM
 #9

Honestly, maybe its a little on the conspiracy side of the house, but Ive always wondered why Satoshi doesnt come forward as the creator of bitcoins. But now it kind of makes sense. Come on, think about it with me.

The guy owns a million of these damned coins, and each new person he gets to invest pumps the value even higher. Maybe hes worried about public scorn when the bubble pops and investors lose money? The guy is essentially getting the best of both worlds: filthy rich and doesnt need to answer to anybody.

I cant imagine that Satoshi ever dreamed this would go so well, but its food for thought. Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

Night gathers, and now my bitcoinwisdom watch begins.
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November 18, 2013, 06:31:50 PM
 #10

Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

What if he's dead and gone? That's one theory at least.
kireinaha
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November 18, 2013, 06:34:24 PM
 #11

Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

What if he's dead and gone? That's one theory at least.


Or maybe his hard drive crashed, he forgot to make a backup of his wallet.dat file, and hes too embarrassed to tell anyone  Grin

Night gathers, and now my bitcoinwisdom watch begins.
BitchicksHusband
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November 18, 2013, 06:36:33 PM
 #12

Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

What if he's dead and gone? That's one theory at least.


Or maybe his hard drive crashed, he forgot to make a backup of his wallet.dat file, and hes too embarrassed to tell anyone  Grin

Man, you really are a pessimistic person.

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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November 18, 2013, 06:39:23 PM
 #13

Honestly, maybe its a little on the conspiracy side of the house, but Ive always wondered why Satoshi doesnt come forward as the creator of bitcoins. But now it kind of makes sense. Come on, think about it with me.

The guy owns a million of these damned coins, and each new person he gets to invest pumps the value even higher. Maybe hes worried about public scorn when the bubble pops and investors lose money? The guy is essentially getting the best of both worlds: filthy rich and doesnt need to answer to anybody.

I cant imagine that Satoshi ever dreamed this would go so well, but its food for thought. Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

Satoshi can't spend his coins without risking his anonymity.
kireinaha
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November 18, 2013, 06:39:49 PM
 #14

Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

What if he's dead and gone? That's one theory at least.


Or maybe his hard drive crashed, he forgot to make a backup of his wallet.dat file, and hes too embarrassed to tell anyone  Grin

Man, you really are a pessimistic person.

Cant argue that.

Night gathers, and now my bitcoinwisdom watch begins.
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November 18, 2013, 06:40:45 PM
 #15

I'm selling enough to cover the next few months expected expenses... Normally cash out as needed, but this is getting unsustainable.

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November 18, 2013, 06:41:00 PM
 #16

Honestly, maybe its a little on the conspiracy side of the house, but Ive always wondered why Satoshi doesnt come forward as the creator of bitcoins. But now it kind of makes sense. Come on, think about it with me.

The guy owns a million of these damned coins, and each new person he gets to invest pumps the value even higher. Maybe hes worried about public scorn when the bubble pops and investors lose money? The guy is essentially getting the best of both worlds: filthy rich and doesnt need to answer to anybody.

I cant imagine that Satoshi ever dreamed this would go so well, but its food for thought. Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

Satoshi can't spend his coins without risking his anonymity.

Why?  Please identify all of Satoshi's coins.

Also Satoshi did "spend" coins ALREADY. One of (or was it THE first) non-generation transaction was from Satoshi to Hal Finney (Finney attack named after him).
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November 18, 2013, 06:45:41 PM
 #17

Honestly, maybe its a little on the conspiracy side of the house, but Ive always wondered why Satoshi doesnt come forward as the creator of bitcoins. But now it kind of makes sense. Come on, think about it with me.

The guy owns a million of these damned coins, and each new person he gets to invest pumps the value even higher. Maybe hes worried about public scorn when the bubble pops and investors lose money? The guy is essentially getting the best of both worlds: filthy rich and doesnt need to answer to anybody.

I cant imagine that Satoshi ever dreamed this would go so well, but its food for thought. Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

Satoshi can't spend his coins without risking his anonymity.


You can still sell anonymously at Localbitcoin.
Unless your suspicious your face can be recognized
piramida
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November 18, 2013, 06:46:38 PM
 #18

Yeah but he can't move any of the early coins into fiat because that would be linked to his identity immediately. I suppose at one point he understood the full scale of what he started and (rightfully) afraid of turning his life inside out and becoming a public spotlight person, vanished. Amazingly smart thing to do, really. I'm sure he does well financially.

i am satoshi
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November 18, 2013, 06:48:57 PM
 #19

Honestly, maybe its a little on the conspiracy side of the house, but Ive always wondered why Satoshi doesnt come forward as the creator of bitcoins. But now it kind of makes sense. Come on, think about it with me.

The guy owns a million of these damned coins, and each new person he gets to invest pumps the value even higher. Maybe hes worried about public scorn when the bubble pops and investors lose money? The guy is essentially getting the best of both worlds: filthy rich and doesnt need to answer to anybody.

I cant imagine that Satoshi ever dreamed this would go so well, but its food for thought. Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

Satoshi can't spend his coins without risking his anonymity.


You can still sell anonymously at Localbitcoin.
Unless your suspicious your face can be recognized

Yo', I'm Satoshi. I'm looking to sell 2 million bitcoin. Meet me in the park at midnight. Come alone. Bring Cash.

more or less retired.
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November 18, 2013, 07:20:48 PM
 #20

Honestly, maybe its a little on the conspiracy side of the house, but Ive always wondered why Satoshi doesnt come forward as the creator of bitcoins. But now it kind of makes sense. Come on, think about it with me.

The guy owns a million of these damned coins, and each new person he gets to invest pumps the value even higher. Maybe hes worried about public scorn when the bubble pops and investors lose money? The guy is essentially getting the best of both worlds: filthy rich and doesnt need to answer to anybody.

I cant imagine that Satoshi ever dreamed this would go so well, but its food for thought. Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

Satoshi can't spend his coins without risking his anonymity.


You can still sell anonymously at Localbitcoin.
Unless your suspicious your face can be recognized

Yo', I'm Satoshi. I'm looking to sell 2 million bitcoin. Meet me in the park at midnight. Come alone. Bring Cash.

Are quarter rolls ok?  Do you have a dumptruck handy?
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