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Author Topic: If FBI dumps 144,000 bitcoins, bitcoin will crash once & for all!  (Read 7185 times)
bitcoinlitcoinbtcltc (OP)
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January 28, 2014, 04:29:26 AM
 #1

FBI will sell their bitcoins one of these days.

Why will this crash the bitcoin price? Simple:

FBI got: 144,000 bitcoins.

Totale volume of ALL exchanges combined: between 70 and 80 thousand.
About HALF of what the FBI is going to DUMP.

Source: http://bitcoincharts.com/markets/

Sell now people.

Remember: if China sells 25,000 bitcoins, the price will drop between $200 and $250 USD.
We are talking about almost SIX TIMES (6!!) that much. It can't even drop 6 x 200 = 1,200 - that's higher than the bitcoin price!

So, realistically, the price would probably drop to around $80 because a lot of people will buy up. But not enough to make the price go back up fast enough, as 144,000 bitcoins = A LOT MORE than all people combined, on all exchanges, would be able to afford. This would lead to another drop/crash.

So sell now, it's not too late yet!
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January 28, 2014, 04:30:28 AM
 #2

There surely should be some rule about thread spamming.

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Holliday
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January 28, 2014, 04:30:53 AM
 #3

Why are you such a saint?

If you aren't the sole controller of your private keys, you don't have any bitcoins.
sbryant31
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January 28, 2014, 04:31:44 AM
 #4

Operation: FUD
disclaimer201
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January 28, 2014, 04:32:34 AM
 #5

Lol. The price would rebound in a matter of minutes. I would buy back hundreds of Bitcoins alone if price falls that hard.
bitcoinlitcoinbtcltc (OP)
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January 28, 2014, 04:39:00 AM
 #6

Lol. The price would rebound in a matter of minutes. I would buy back hundreds of Bitcoins alone if price falls that hard.

You would buy hundreds of bitcoins at around $100 each?
What, everyone suddenly has $50,000 lying around they can freely spend?

Sir, I must confess that I have strong believes that you might be mentally challenged. If I may, I would like to advise you to visit a psychiatrist. I am confident that it will stabilize your mind. Confirmed sources have confirmed that your mind has a lot of potential to become of average intelligence.

Singlebyte
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January 28, 2014, 04:43:25 AM
 #7

Awesome....love to see BTC faucets pop back into existence.


Typical FUD thread.....
TERA
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January 28, 2014, 04:43:58 AM
 #8

This is dumb. There is some price level where funds like SecondMarket will start bidding and eating up all those coins, like in June.
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January 28, 2014, 04:44:59 AM
 #9

Lol. The price would rebound in a matter of minutes. I would buy back hundreds of Bitcoins alone if price falls that hard.

You would buy hundreds of bitcoins at around $100 each?
What, everyone suddenly has $50,000 lying around they can freely spend?

You are talking to a forum full of Bitcoin early adopters. Surely a few of them sold 50 bitcoins at $1000 each.

If you aren't the sole controller of your private keys, you don't have any bitcoins.
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January 28, 2014, 04:47:47 AM
 #10

If shit that will never happen happens, bitcoin will insert dogma here.

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Holliday
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January 28, 2014, 04:49:44 AM
 #11

If shit that will never happen happens, bitcoin will insert dogma here.

If the Moon crashes into the Earth, Bitcoin will... fuck... this is hard...

If you aren't the sole controller of your private keys, you don't have any bitcoins.
humanitee
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January 28, 2014, 04:59:43 AM
 #12

If shit that will never happen happens, bitcoin will insert dogma here.

If the Moon crashes into the Earth, Bitcoin will... fuck... this is hard...

If potatoes acquire sentience, bitcoin will buy me a sentient potato UP.

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TERA
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January 28, 2014, 05:03:14 AM
 #13

If shit that will never happen happens, bitcoin will insert dogma here.
If btc overtakes fiat and becomes a more popular payment method than VISA, then bitcoin will trade at $80,000,000 per coin.
pand70
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January 28, 2014, 05:05:19 AM
 #14

Lol. The price would rebound in a matter of minutes. I would buy back hundreds of Bitcoins alone if price falls that hard.

This kind of answers is the only thing that it's more ridiculous than baseless fud.

BurtW
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January 28, 2014, 05:22:33 AM
 #15

I am so sick of this shit.  At least put your fucking FUD in one of the dozens of threads on exactly the same crap.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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January 28, 2014, 05:24:52 AM
 #16

I really doubt it will be the end of Bitcoin..



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January 28, 2014, 05:39:39 AM
 #17

That'd be awesome. I hope it crashes. I'd love to pick up cheap bitcoins.

I'm holding mostly fiat these days and I this makes me really nervous.   I think the prospect of an economic collapse causing fiat to become worthless is in fact a greater chance than bitcoin crashing and becoming worthless, because bitcoin makes a great deal of logical sense, whereas fiat is mostly imaginary funny money IMHO.

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piramida
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January 28, 2014, 05:42:40 AM
 #18

If shit that will never happen happens, bitcoin will insert dogma here.

If the Moon crashes into the Earth, Bitcoin will... fuck... this is hard...

If the Moon crashes into Earth, Bitcoin will be to da moon

i am satoshi
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January 28, 2014, 06:15:35 AM
 #19

If shit that will never happen happens, bitcoin will insert dogma here.

If the Moon crashes into the Earth, Bitcoin will... fuck... this is hard...

If the Moon crashes into Earth, Bitcoin will be to da moon

That's it! Wonderful!

If you aren't the sole controller of your private keys, you don't have any bitcoins.
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January 28, 2014, 06:35:25 AM
 #20

Max Keiser made them an offer for these bitcoins in one of his shows.
Also difficulty is at 2+ billion and climbing.
 

Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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