Bitcoin Forum
April 26, 2024, 04:52:41 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Buying 200k BTC. $2/BTC  (Read 11095 times)
demonofelru
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
April 20, 2011, 05:49:38 PM
 #41



Speculators is fine, I'm not a fan of hoarders. I guess you could just call them long term speculators though  Grin

Hoarders make the price of bitcoin go up even more then speculators do.

I agree I think a lot are saving some for when BTC generation halves.

Names do not matter; however, if you insist...id...
1714150361
Hero Member
*
Offline Offline

Posts: 1714150361

View Profile Personal Message (Offline)

Ignore
1714150361
Reply with quote  #2

1714150361
Report to moderator
1714150361
Hero Member
*
Offline Offline

Posts: 1714150361

View Profile Personal Message (Offline)

Ignore
1714150361
Reply with quote  #2

1714150361
Report to moderator
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714150361
Hero Member
*
Offline Offline

Posts: 1714150361

View Profile Personal Message (Offline)

Ignore
1714150361
Reply with quote  #2

1714150361
Report to moderator
1714150361
Hero Member
*
Offline Offline

Posts: 1714150361

View Profile Personal Message (Offline)

Ignore
1714150361
Reply with quote  #2

1714150361
Report to moderator
1714150361
Hero Member
*
Offline Offline

Posts: 1714150361

View Profile Personal Message (Offline)

Ignore
1714150361
Reply with quote  #2

1714150361
Report to moderator
nster
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
April 20, 2011, 07:38:58 PM
 #42



Speculators is fine, I'm not a fan of hoarders. I guess you could just call them long term speculators though  Grin

Hoarders make the price of bitcoin go up even more then speculators do.

I agree I think a lot are saving some for when BTC generation halves.

The half may send the community into panic though. idk if it will be good panic (ie: price raise mining hash rate constantly rising by a little) or bad panic (ie: massive selling, mining not profitable, price crash so even after difficulty decrease not profitable, so prices go even lower etc etc (vicious circle))

167q1CHgVjzLCwQwQvJ3tRMUCrjfqvSznd Donations are welcome Smiley Please be kind if I helped
FreeMoney
Legendary
*
Offline Offline

Activity: 1246
Merit: 1014


Strength in numbers


View Profile WWW
April 20, 2011, 07:41:47 PM
 #43



Speculators is fine, I'm not a fan of hoarders. I guess you could just call them long term speculators though  Grin

Hoarders make the price of bitcoin go up even more then speculators do.

Yep, but savers make it go up the most.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
dust
Hero Member
*****
Offline Offline

Activity: 840
Merit: 1000



View Profile WWW
April 20, 2011, 09:47:20 PM
 #44

There will be no panic in terms of prices when the generate reward halves.  Predictable, well-defined, future events will be already be priced into the market.  The only significant effect will be some of the least profitable miners dropping out, resulting in a reduction in difficulty.

Cryptocoin Mining Info | OTC | PGP | Twitter | freenode: dust-otc | BTC: 1F6fV4U2xnpAuKtmQD6BWpK3EuRosKzF8U
2_Thumbs_Up
Sr. Member
****
Offline Offline

Activity: 323
Merit: 251


View Profile
May 01, 2011, 02:51:15 PM
 #45

Here we have a 200k BTC transfer on block explorer. I guess OP found a buyer.

http://blockexplorer.com/block/000000000000372744c19efaf112182bbed961a0fee0d89a6f04b4984e4f4584
martinR
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
May 02, 2011, 06:38:03 PM
 #46

Here we have a 200k BTC transfer on block explorer. I guess OP found a buyer.

http://blockexplorer.com/block/000000000000372744c19efaf112182bbed961a0fee0d89a6f04b4984e4f4584

Maybe someone transferred to himself Smiley. Is that possible??
steelhouse
Hero Member
*****
Offline Offline

Activity: 717
Merit: 501


View Profile
May 02, 2011, 09:27:46 PM
 #47

Well we all laughed at the post when he bought them.  However if he was not a troll he bought most below $1.50.  You can transfer to yourself or another client.  If I owned those I would get another computer start up another client and transfer them.  Then your bitcoin client shows 1 transaction with 200,000 BTC.

You have to hand it to him, he made a house in 7 days, but if he flooded the market with those the price would drop to $1.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!