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Author Topic: 99%ers and bitcoin --- somewhat breaking news  (Read 1502 times)
the founder
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November 01, 2011, 02:06:43 PM
 #1

ok I got some feedback,  there are going to put SOME (not all, not even close to all,  but some) of that 1/2 million they collected as an insurance policy if the banks decide to wikileaks them...  I got this from a valid source.

We're talking a few percentage points....  nothing more for now.


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November 01, 2011, 02:32:41 PM
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A wise choice.

Not too much so they don't risk too much due to bitcoin volatility

But still enough in case banks decide to freeze their accounts
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November 01, 2011, 02:33:43 PM
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A wise choice.

Not too much so they don't risk too much due to bitcoin volatility

But still enough in case banks decide to freeze their accounts

that was exactly why...  it was viewed almost as if BTC was like buying a bunch of silver or something like that...  prices go up and down but at least the banks can't steal it from them.


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November 01, 2011, 04:32:37 PM
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Get people to believe in your new movement and rally to your cause, then disappear with their money? Where have I seen this before?

Raising half a million is quite a feat, especially considering that any organizers are disparate, and the most official group is likely the one that got the best twitter name with a linked bank account set up first.

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November 01, 2011, 05:20:24 PM
 #5

This is good news because it protects what they have  Grin

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November 01, 2011, 05:35:21 PM
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ok I got some feedback,  there are going to put SOME (not all, not even close to all,  but some) of that 1/2 million they collected as an insurance policy if the banks decide to wikileaks them...  I got this from a valid source.

We're talking a few percentage points....  nothing more for now.



What's the source of your information?

Even at 3% of 500k, that's 15k - which at current market (as I write this) would buy up to 3.60, from current 3.10.  That's a 14% jump.

Now my math may be in error, but when someone claims 'Hey I have inside information that the market may jump 14% today due to 15k being pumped in', OWS or not, it's silly to make or believe those claims w/o more proof.

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November 01, 2011, 05:41:27 PM
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ok I got some feedback,  there are going to put SOME (not all, not even close to all,  but some) of that 1/2 million they collected as an insurance policy if the banks decide to wikileaks them...  I got this from a valid source.

We're talking a few percentage points....  nothing more for now.



What's the source of your information?

Even at 3% of 500k, that's 15k - which at current market (as I write this) would buy up to 3.60, from current 3.10.  That's a 14% jump.

Now my math may be in error, but when someone claims 'Hey I have inside information that the market may jump 14% today due to 15k being pumped in', OWS or not, it's silly to make or believe those claims w/o more proof.

Not proof, but showing it's not easy to dismiss either, here's an 18k buy three days ago:

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November 01, 2011, 05:43:31 PM
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ok I got some feedback,  there are going to put SOME (not all, not even close to all,  but some) of that 1/2 million they collected as an insurance policy if the banks decide to wikileaks them...  I got this from a valid source.

We're talking a few percentage points....  nothing more for now.



What's the source of your information?

Even at 3% of 500k, that's 15k - which at current market (as I write this) would buy up to 3.60, from current 3.10.  That's a 14% jump.

Now my math may be in error, but when someone claims 'Hey I have inside information that the market may jump 14% today due to 15k being pumped in', OWS or not, it's silly to make or believe those claims w/o more proof.

Not proof, but showing it's not easy to dismiss either, here's an 18k buy three days ago:

Ahh yes, I was under the assumption it hadn't happened yet, due to the 'are going to'.  And that it'd be one lump order.

Though plausible, I still prefer more proof.  Were you (flexcoin) at the assemblies where they decide this stuff?

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November 01, 2011, 06:33:26 PM
 #9

Though plausible, I still prefer more proof.  Were you (flexcoin) at the assemblies where they decide this stuff?

+1, I want proof too.

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November 01, 2011, 09:46:17 PM
 #10

I was not in the assemblies...  and it was from a friend that was there...  so my knowledge is technically second hand and also delayed a few days because I was told "we discussed this in the assembly last week" ...   my guess is that spike in the price was exactly what it was if I were to guess based on what I understood was happening.

again I might be wrong...  I am not trying to spread crap... just what I believe is accurate based on who told me.

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November 01, 2011, 09:53:49 PM
 #11

I was not in the assemblies...  and it was from a friend that was there...  so my knowledge is technically second hand and also delayed a few days because I was told "we discussed this in the assembly last week" ...   my guess is that spike in the price was exactly what it was if I were to guess based on what I understood was happening.

again I might be wrong...  I am not trying to spread crap... just what I believe is accurate based on who told me.


Okay, even with that, it makes framing the OP more legitimate.

Sorry if I was unnecessarily harsh.

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