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Author Topic: Is the reason the price always go up once the dark markets get seized is because  (Read 1742 times)
paradigmflux
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November 10, 2014, 03:33:20 PM
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all of the vendors are no longer liquidating huge amounts of BTC every day to cover their offline drug purchases?

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November 10, 2014, 03:36:03 PM
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all of the vendors are no longer liquidating huge amounts of BTC every day to cover their offline drug purchases?


And all the customers no longer buying BTC to spend on dark markets.  Roll Eyes
paradigmflux
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November 10, 2014, 03:36:41 PM
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all of the vendors are no longer liquidating huge amounts of BTC every day to cover their offline drug purchases?


And all the customers no longer buying BTC to spend on dark markets.  Roll Eyes
I suspect tons of the customers might be miners, honestly.

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November 10, 2014, 04:04:32 PM
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all of the vendors are no longer liquidating huge amounts of BTC every day to cover their offline drug purchases?


And all the customers no longer buying BTC to spend on dark markets.  Roll Eyes
I suspect tons of the customers might be miners, honestly.


If that is the case then they are dumping their coins now to get fiat for their offline drug purchases.
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November 11, 2014, 04:49:26 AM
 #5

Manipulators gonna manipulate...

Thats the only reason this market moves.
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November 11, 2014, 04:51:37 AM
 #6

Less than one month ago(I think 20 days or so) we were above current level

I don't think dark markets have something to do neither with the fall or with the partial recovery

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November 11, 2014, 06:07:37 AM
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It should go down.
jcoin200
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November 11, 2014, 01:47:56 PM
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Less than one month ago(I think 20 days or so) we were above current level

I don't think dark markets have something to do neither with the fall or with the partial recovery

If anything though it seems like when these get shut down less people will be using btc than when it was operational.  Strange that it went up after the first silk road was shut down.  Maybe these "big money wall st guys" that everyone seems to think are just waiting for the right opportunity are waiting until all this bad press/criminal usage goes away.
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November 11, 2014, 02:22:54 PM
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The dark markets are cointelpro honeypots created to FUD Bitcoin, depressing its price, allowing the FUDsters to accumulate. When they have enough, they make "arrests," stop the FUD and allow the price to rise.
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November 11, 2014, 02:33:25 PM
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Less than one month ago(I think 20 days or so) we were above current level

I don't think dark markets have something to do neither with the fall or with the partial recovery

If anything though it seems like when these get shut down less people will be using btc than when it was operational.  Strange that it went up after the first silk road was shut down.  Maybe these "big money wall st guys" that everyone seems to think are just waiting for the right opportunity are waiting until all this bad press/criminal usage goes away.

The "big money wall st guys" are waiting for the Winklevoss Twins ETF to open before they can start trading.
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November 11, 2014, 04:05:21 PM
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bits will go moon no mata wot
ElectricMucus
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November 11, 2014, 05:39:54 PM
 #12

The silkroad crash and subsequent recovery pretty much coincided with the rise of the mtgox Willy bot. I speculate is might even been brought into existence to get the price to recover at that point and the was left in operation because it worked so 'well'.

Lets see perhaps bitstamp has come up with their own version.
BTW I call dibs for it's name now: It's the Hubert bot.  Tongue
Wandererfromthenorth
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November 11, 2014, 05:42:13 PM
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The silkroad crash and subsequent recovery pretty much coincided with the rise of the willy bot. I speculate is might even been brought into existence to get the price to recover at that point and the was left in operation because it worked so 'well'.
The Markus and Willy bot existed and operated before the Silk Road 1 seizure. It's all documented in the Willy report.
ElectricMucus
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November 11, 2014, 05:43:35 PM
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The silkroad crash and subsequent recovery pretty much coincided with the rise of the willy bot. I speculate is might even been brought into existence to get the price to recover at that point and the was left in operation because it worked so 'well'.
The Markus and Willy bot existed and operated before the Silk Road 1 seizure. It's all documented in the Willy report.

really? I must check I'm just aware about the rough timeframes or there might have been a mixup in my head.

Well the silkroad spike was on 2nd October and the Willy Bot was created on 27th September, that might have been a coincidence but it still looks suspect to me.
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November 11, 2014, 05:47:09 PM
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The silkroad crash and subsequent recovery pretty much coincided with the rise of the willy bot. I speculate is might even been brought into existence to get the price to recover at that point and the was left in operation because it worked so 'well'.
The Markus and Willy bot existed and operated before the Silk Road 1 seizure. It's all documented in the Willy report.

really? I must check I'm just aware about the rough timeframes or there might have been a mixup in my head.
Yes, the "infinite fiat" bot (Markus) operated during the April bubble.



Some totals compiled for Markus:

Start: 14-2-2013 3:37
End: 27-9-2013 6:16
User_ID: 698630
User: b2853e3c-3ec0-4fa5-8231-d21e2fd13330

BTC bought: 335203.83080579044
USD spent: $??.??
JPY spent: 0.0
EUR spent: €2110.46

BTC sold: 37575.39028677996
USD received: $4,018,376.87
JPY received: ¥2,744,463.91
EUR received: 0.0



http://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/
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November 11, 2014, 09:48:07 PM
 #16

Huh... Well, could be. But I also believe that some people might've put BTC there and now the BTC are confiscated, they have to get 'back in the game' in order not to miss out on the rocket launch, that seems to be imminent!

Ron~Popeil
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November 11, 2014, 09:51:10 PM
 #17

There are always so many factors. The truth is generally the less obvious factors. I guess that makes sense in a speculation forum.

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