[ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

[toknormal]

Champion traders are defying the stamp whale and ploughing forward into battle anyway.

I hope I'm not being naive but it seems people are a bit more savy than they were a year ago and everyone knows about fake sell / buywalls now. That is a good thing for traders and bad for whale manipulators.

[thelonecrouton]

My believe is that DRK will first be dropped on the new Mintpal due to all this talk about Miners reward on Darkcointalk.
Next to that Evan was talking about a hardfork again , which sadly if no good for the value.

Sure, Mintpal are going to throw away their profits on a top-traded coin because they give a shit about miners! Cryptsy and Bitfinex will probably say "Fuck all that money! Think of the miners!" too.

[miningpros]

My believe is that DRK will first be dropped on the new Mintpal due to all this talk about Miners reward on Darkcointalk.
Next to that Evan was talking about a hardfork again , which sadly if no good for the value.

Whales want DRK to maintain low pricing at this moment

[toknormal]

Well at least this shit is interesting so as I lose all my money I am entertained.

r.o.t.f.w.l. !

[splawik21]

On trollbox he's known as the "stamp bearwhale".

Some of them think the whole market decline is down to 1 guy.

his name is satoshi

[UdjinM6]

Well at least this shit is interesting so as I lose all my money I am entertained.

One of the most expensive entertainment in my life too  

[coins101]

WTF 26K BTC wall on stamp .. !!!

Jeez. 8.5 million dollars.

Someone(s) desperately want to keep the price ofbitcoin down  

If someone has that many bitcoins why would he want that?

Probably to push the price even more downwards. When met with a huge wall like that market usually tends to go the opposite direction. And when the price is in a desirable level, to buy even more bitcoins. That's called greed.

http://www.reddit.com/r/Bitcoin/comments/2id4m6/biggest_sell_wall_i_have_ever_seen_on_bitstamp/

[TanteStefana2]

Mintpal will probably regret for offering "urgent withdrawals" option

http://blog.moolah.io/2014/10/05/mintpal-v2-current-state/

What a potential clusterfuck.
There goes 2fa just like that.
Plus they better have a massive team of hired IT pros in India ready to handle the mass exodus of withdrawal emails they're going to receive.
I hope the crypto community realizes what a bunch of amateurs are there at MintPal HQ.

TBH, they're all amatures.  Cryptsy any better?  Do you really trust bitfinex?  I'm not a mintpal fan-hag but.... it's all in baby stages.

Also, btw, I found this to be interesting:

Known Issues

The private API will be disabled at launch in order to allow for us to come up with a sensible bot-related policy.

They're thinking of a policy regarding bots?  That's ... something... I think, LOL.

[TanteStefana2]

why would you not invest more in DRK at least short term according to your belief. What you are basically doing is partly and inefficiently hedging, which is actually increasing your exposure to loss in the short term, at least until you close your position. Just throwing that out there buddy, good luck !

Actually, if I had thought it all through to the extent you have I probably would have  The problem is, it doesn't work out like that - i.e. as a nice, static, non moving goalposts situation. It's fluid and dynamic with many factors. How I "got here" was this:

I had a general rule to invest a tiny portion of BTC in potential competitors that I thought may one day challenge Bitcoin. The idea was that as long as I got "in there" before they reached parity I'd always have numerically more of the challenger than BTC so I'd be hedged (forget fiat for now - I was only interested in having a "horse" in the cryptocurrency race). So I'd buy stuff like PPC, LTC, XPM and such.

But then 1 day I thought DRK looked interesting and I stuck 1 BTC into it and got 1000 DRK's. (That was well before Evan came up with the masternodes idea - I just decided co-incidently I wanted 1000 coins). That was the most I'd EVER invested in a hedge and was high risk for me at the time cos I only had about 10 BTC back then.

Next thing I know, a few weeks later, my DRK holdings are worth 27 BTC and my hedge has turned into my investment ! After that what happened is that the crash came - I realised some BTC and got out of the market around 2. Then I decided I "missed" being part of the community and following the very interesting technical progress that was going on. So I said f*ck it, bought back in around 13 and decided just to write my investment off - I was now in it for running a masternode and general project participation. Any long term financial returns would be "icing on the cake".

So, you see, there's just a whole lot more factors to it than a simple investment / hedge situation although I take your point and will re-read your posts to see if I can optimised my holdings a bit better now that you've brought this perspective to my attention 

And we have benefitted from your analysis ever since, and that's why we love ya!   

[toknormal]

The armchair Columbo's are onto the stamp bearwhale courtesy of Bitcoin's blockchain transparency. There was speculation that it was Tim Draper (who bought the Fed auctioned coins) but it isn't.

Transaction that sent the coins to the exchange: https://blockchain.info/address/1JX5hS3HyVT3VwnEgvoPLVu6ujPFH7BvrY

Largest chunk of ~18,000BTC came from this wallet

https://blockchain.info/address/159SCycgn8weAy2XGUEhD6V1RTFni7E3iq

History of BTC coming into this address

https://blockchain.info/charts/received-per-day?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=159SCycgn8weAy2XGUEhD6V1RTFni7E3iq

Also, check this...http://bitcoinpricelive.com/chinese-bitcoins-crash-market/

[coins101]

The armchair Columbo's are onto the stamp bearwhale courtesy of Bitcoin's blockchain transparency. There was speculation that it was Tim Draper (who bought the Fed auctioned coins) but it isn't.

Transaction that sent the coins to the exchange: https://blockchain.info/address/1JX5hS3HyVT3VwnEgvoPLVu6ujPFH7BvrY

Largest chunk of ~18,000BTC came from this wallet

https://blockchain.info/address/159SCycgn8weAy2XGUEhD6V1RTFni7E3iq

History of BTC coming into this address

https://blockchain.info/charts/received-per-day?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=159SCycgn8weAy2XGUEhD6V1RTFni7E3iq

Are there any known exchange addresses? It would be nice to keep track of the big confirmation heading their way - like a heads-up the price as its about to hit the skids.

I guess that's why Dark Pools have been so popular on the mainstream stock exchanges.

[TsuyokuNaritai]

The armchair Columbo's are onto the stamp bearwhale courtesy of Bitcoin's blockchain transparency. There was speculation that it was Tim Draper (who bought the Fed auctioned coins) but it isn't.

Transaction that sent the coins to the exchange: https://blockchain.info/address/1JX5hS3HyVT3VwnEgvoPLVu6ujPFH7BvrY

Largest chunk of ~18,000BTC came from this wallet

https://blockchain.info/address/159SCycgn8weAy2XGUEhD6V1RTFni7E3iq

History of BTC coming into this address

https://blockchain.info/charts/received-per-day?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=159SCycgn8weAy2XGUEhD6V1RTFni7E3iq

Are there any known exchange addresses? It would be nice to keep track of the big confirmation heading their way - like a heads-up the price as its about to hit the skids.

I guess that's why Dark Pools have been so popular on the mainstream stock exchanges.

Someone should send Darkcoin info in a microtransaction to that address, maybe he like to invest a few million

[toknormal]

Dumping recommenced. 436 BTC just dumped in a single transaction on Bitstamp. 128 in another one.

[coins101]

Someone should send Darkcoin info in a microtransaction to that address, maybe he like to invest a few million

Love it.

What's the message.....

[splawik21]

RC5 (0.10.13.14+)   501   678.086   90.43%   90.43%   3.97%   85.02%   839   0.808207

[coins101]

I was driving today and I remembered a conversation about Wal-Mart being one of the biggest currency transactors in the world (banks are probably bigger). They buy so much from China that they have a bigger GDP than a lot of countries.

The guy I was speaking to was sort of involved in one of the many chains that handle the Wal-Mart FX account.

If crypto really takes off, banks are really fucked because a lot of their money comes from the tiny, tiny margins they make on trillions worth of fx deals.

That's why banks are trying to do everything they can to close down BTC and other crypto bank accounts. Once it gets established, then its a ticking time-bomb.

I think I'm going to buy a bit more crypto, put it into cold storage and just forget about it for 10 years.

[toknormal]

Once it gets established, then its a ticking time-bomb.

Too right.

Not least the fact that it's unlevered base money mixing with highly levered debt-based proxy money.

Hot lava to candlewax.

[Jesse Livermore]

Mintpal will probably regret for offering "urgent withdrawals" option

http://blog.moolah.io/2014/10/05/mintpal-v2-current-state/

What a potential clusterfuck.
There goes 2fa just like that.
Plus they better have a massive team of hired IT pros in India ready to handle the mass exodus of withdrawal emails they're going to receive.
I hope the crypto community realizes what a bunch of amateurs are there at MintPal HQ.

I tested their urgent withdrawals out without any DRK coming in yet. These guys are seriously starting to piss me off.

[Spratan]

The armchair Columbo's are onto the stamp bearwhale courtesy of Bitcoin's blockchain transparency. There was speculation that it was Tim Draper (who bought the Fed auctioned coins) but it isn't.

Transaction that sent the coins to the exchange: https://blockchain.info/address/1JX5hS3HyVT3VwnEgvoPLVu6ujPFH7BvrY

Largest chunk of ~18,000BTC came from this wallet

https://blockchain.info/address/159SCycgn8weAy2XGUEhD6V1RTFni7E3iq

History of BTC coming into this address

https://blockchain.info/charts/received-per-day?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=159SCycgn8weAy2XGUEhD6V1RTFni7E3iq

Are there any known exchange addresses? It would be nice to keep track of the big confirmation heading their way - like a heads-up the price as its about to hit the skids.

I guess that's why Dark Pools have been so popular on the mainstream stock exchanges.

Someone should send Darkcoin info in a microtransaction to that address, maybe he like to invest a few million

Every bitcoin address should receive a micro-transaction and message like "Anyone can see the purchases you did for the rest of your life" :-)

[toknormal]

We are witnessing a revolution.

A massive redistribution of cryptocurrencies is taking place. The theory of economics is working - as the price lowers it's attracting more buyers.

I'm watching massive dumping on stamp right now and yet the buyers keep coming up for more at the 300 mark. A lot of bitcoin is being sold but a whole lot of dollars is being spent at the same time - maybe more than has ever gone into the market, you never know - depends on the volume. Remember these bitcoins have been around for years. Most big holders didn't buy them for hundreds of dollars, they bought them for cents.

But now millions of dollars are being spent. There is huge changing of hands. The dumps are coming in lumps of 50, 100 and 400 BTC but the buys are all 1, 10 and 20 BTC's.

The last few months of favourable publicity may be kicking in - by allowing the law od supply and demand to respond to the price drop in a much more pro-active way than it did a year ago when nobody had heard of crypto's.