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digitalgrow (OP)
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February 21, 2015, 01:28:16 AM
Last edit: June 02, 2017, 03:30:47 PM by digitalgrow |
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Only been around since the last bubble in 2013 and was wondering what the source of the money was from the previous bubbles in 2011 and the two in 2013
Has there ever been a bubble where the big money from institutions and big traders ($1 million and above) come into the market?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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monsanto
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..like bright metal on a sullen ground.
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February 21, 2015, 01:46:08 AM |
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Only been around since the last bubble in late 2013 and was wondering what the source of the money was from the previous bubbles in 2011 and the two in 2013
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Morecoin Freeman
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February 21, 2015, 02:16:51 AM |
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My bank account.
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Ask the stranger he knows who you really are.
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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February 21, 2015, 02:49:41 AM |
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Only been around since the last bubble in late 2013 and was wondering what the source of the money was from the previous bubbles in 2011 and the two in 2013
Has there ever been a bubble where the big money from institutions and big traders ($1 million and above) come into the market?
you should check out this thread, its here in speculation section also. -> https://bitcointalk.org/index.php?topic=961340.0It suggests that most of the rally in 2013 is created and financed with fake non exsistant funds @ mt.gox, which made other exchanges prices to also stampede. cheers |
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Bit_Happy
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A Great Time to Start Something!
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February 21, 2015, 02:55:39 AM |
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Only been around since the last bubble in late 2013 and was wondering what the source of the money was from the previous bubbles in 2011 and the two in 2013
Has there ever been a bubble where the big money from institutions and big traders ($1 million and above) come into the market?
The 2011 bubble was started by positive news (major magazines) covering Bitcoin as an exciting development. The amounts of money needed to make the market quickly go up ~30 times was not what you would call "big traders". |
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1Referee
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February 21, 2015, 03:56:28 PM |
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At that time an average size trader with at least $100K could make a significant impact on the price.
The amount of money needed in 2011 to cause a huge pump is just play money for whales nowadays.
Currently a $100K wall would get eaten in just a second without anyone noticing.
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LewiesMan
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February 21, 2015, 04:16:10 PM |
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At that time an average size trader with at least $100K could make a significant impact on the price.
The amount of money needed in 2011 to cause a huge pump is just play money for whales nowadays.
Currently a $100K wall would get eaten in just a second without anyone noticing.
But not $100k worth of bitcoin from back then. Which is like 100k bitcoin. |
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WhatTheGox
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February 21, 2015, 04:40:58 PM |
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Only been around since the last bubble in late 2013 and was wondering what the source of the money was from the previous bubbles in 2011 and the two in 2013
Has there ever been a bubble where the big money from institutions and big traders ($1 million and above) come into the market?
The money came from youngsters in the know who spend much time on the internet previously. Next up perhaps we will see bigger money from multiple sources. |
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1Referee
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February 21, 2015, 07:13:25 PM |
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At that time an average size trader with at least $100K could make a significant impact on the price.
The amount of money needed in 2011 to cause a huge pump is just play money for whales nowadays.
Currently a $100K wall would get eaten in just a second without anyone noticing.
But not $100k worth of bitcoin from back then. Which is like 100k bitcoin. I know, I said $100K wall would get eaten without problems now. Back then $100K was like a nuclear bomb. Now, nothing more than a hand grenade. |
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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February 21, 2015, 09:18:54 PM |
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At that time an average size trader with at least $100K could make a significant impact on the price.
The amount of money needed in 2011 to cause a huge pump is just play money for whales nowadays.
Currently a $100K wall would get eaten in just a second without anyone noticing.
But not $100k worth of bitcoin from back then. Which is like 100k bitcoin. I know, I said $100K wall would get eaten without problems now. Back then $100K was like a nuclear bomb. Now, nothing more than a hand grenade. Unless if that hand grenade triggers a cascade with other grenades, did u forget how this is working ? Let me remind you  |
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Brewins
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February 21, 2015, 11:02:43 PM |
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Also put China into equation.
For some time BTC could be used to send capital out of China without much restrictions, increasing greatly the demand.
Until PBOC entered the game and started the BTC ban season
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