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moriartybitcoin (OP)
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September 11, 2014, 05:02:05 PM |
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With all the recent positive news concerning Bitcoin, especially the announcement of Braintree payments accepting BTC, I find it particularly odd that the price has remained steady ...
The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
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Blinken
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September 11, 2014, 05:14:02 PM |
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Yes, or even more insidiously somebody who owned an exchange could squirrel away bitcoins for years while only paying out on withdrawals, before suddenly closing the exchange and filing for bankruptcy while simultaneously selling all the bitcoins they had hoarded away for cash. That would crash the market as well.
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Bitcoin ♦♦♦ Trust in Mathematics, Not Bankers ♦♦♦
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spazzdla
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September 11, 2014, 06:54:07 PM |
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With all the recent positive news concerning Bitcoin, especially the announcement of Braintree payments accepting BTC, I find it particularly odd that the price has remained steady ...
The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
This is a risky move.. if your sell fails to drive the price down you just released a bunch of coins onto the market for way under their value. Sure they could have a hording of 100k coins insta drop the price to sub $200 but.. buyers would come out of the wood work.. I have a feeling the price would recover in a week and they'd be upset. They need people to accept a paper promise for bitcoin so they can start selling way more than they have. We need this never to happen. |
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spazzdla
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September 11, 2014, 06:54:46 PM |
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Yes, or even more insidiously somebody who owned an exchange could squirrel away bitcoins for years while only paying out on withdrawals, before suddenly closing the exchange and filing for bankruptcy while simultaneously selling all the bitcoins they had hoarded away for cash. That would crash the market as well.
^ I hear it's worked before |
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Ron~Popeil
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September 11, 2014, 07:10:35 PM |
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I think it is a bit premature to assume the price is being manipulated by any government outside of SE Asia. Even with manipulation free markets tend to sort themselves out over time.
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Beliathon
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September 11, 2014, 07:15:47 PM |
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If they're doing this they are fools. It is merely delaying the inevitable at great personal cost. Not a rational act.
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N1no
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BTC collector
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September 11, 2014, 07:24:27 PM |
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I think it might have to do with the possibility to short BTC. You can trade BTC on plus500 with CFD's. Many professional traders trade panics in BTC price because when BTC goes down, it goes down quick!
ps. this is not bad, this should make the price more stable in the long run.
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I like these coins: BTC: 16Nv6dDND4rQ7ATmuQ5mHrvd5ajsTU1Wey LTC: LVjKbkVXUj8iNxyxjyUwMzNMP6E5LktgAc
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QuestionAuthority
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You lead and I'll watch you walk away.
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September 11, 2014, 07:28:05 PM |
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Or Coinbase and BitPay (the whales) are slowly selling coins they have accepted from merchants to avoid losing any/much money on the conversion to fiat creating the perceived stability in the market. Minor dips could be caused by individuals selling at the same time. Could be government controlled aliens from Alpha Centauri too, what do I know.
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franky1
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September 11, 2014, 07:28:39 PM |
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why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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N1no
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BTC collector
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September 11, 2014, 07:30:59 PM |
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why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
Great post! I love it  |
I like these coins: BTC: 16Nv6dDND4rQ7ATmuQ5mHrvd5ajsTU1Wey LTC: LVjKbkVXUj8iNxyxjyUwMzNMP6E5LktgAc
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BurtW
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All paid signature campaigns should be banned.
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September 11, 2014, 07:38:25 PM |
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price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
How dare you publish my secret method! Now you have done it. You do not know who you are messing with. Prepared to be sued into yesterday now because I have both a patent and copyright on this method. |
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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counter
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September 11, 2014, 07:38:59 PM |
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I'm not going to say it not possible or not happening. I'll just say I doubt the FED is focused on Bitcoin more then they are the Stock Market at this time. Maybe it's on their radar but I tend to believe their hands are full. These days people are paying much more attention to the FED then the past.
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Useli Violent
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September 11, 2014, 07:56:05 PM |
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With all the recent positive news concerning Bitcoin, especially the announcement of Braintree payments accepting BTC, I find it particularly odd that the price has remained steady ...
The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
This doesn't make any sense. Isn't BTC understood to be a free market? |
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BitCoinDream
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The revolution will be digital
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September 11, 2014, 08:07:08 PM |
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why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
Well... I agree that it is a buy time. But standing at 600, how do u know what's your next course of action. Buy/Sell ? |
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tex99
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Activity: 78
Merit: 10
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September 11, 2014, 10:39:20 PM |
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why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
Well... I agree that it is a buy time. But standing at 600, how do u know what's your next course of action. Buy/Sell ? If you had done this when the price was fluctuating between 500 and 530 you could have made a loss when the price suddenly crashed to 465. |
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minerpumpkin
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September 11, 2014, 10:48:21 PM |
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I don't think so. I believe that they simply don't care about Bitcoin at this stage. It's (still) too small, and if they wanted to shut it down, they would have already done so. It would be interesting though, if they actually got invested in Bitcoin!
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I should have gotten into Bitcoin back in 1992...
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InwardContour
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September 11, 2014, 10:49:48 PM |
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Probably they are only testing the market but I can't wait for their spectacular coming...
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yokosan
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September 11, 2014, 10:59:39 PM |
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why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
I disagree. The only strategy is... price drop: buy price rise: buy |
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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September 11, 2014, 11:00:59 PM |
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why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
I disagree. The only strategy is... price drop: buy moreprice rise: buy FIFY |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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poncom
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September 12, 2014, 10:33:45 AM |
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I don't think so. I believe that they simply don't care about Bitcoin at this stage. It's (still) too small, and if they wanted to shut it down, they would have already done so. It would be interesting though, if they actually got invested in Bitcoin!
The price only went to it's all time high after the US government decided not to ban Bitcoin before last Christmas. Bitcoin must be like small change to them so I doubt they could be bothered manipulating the price. |
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