fently
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Activity: 66
Merit: 10
Bleh!
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May 19, 2013, 12:46:59 AM |
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Did the price of the share drop on BTCT because of the attacks, or did it drop everywhere ?  Some possibilities: 1) some buyers just realized that they can buy bulk shares cheaper than on the exchanges (maybe, but those who would likely use OTC already know about it) 2) some buyers became hesitant because they realized the stock is very difficult to value (hopefully a bit of this -- I have invested in the stock so I hope people keep buying, but I don't want fellow shareholders to be panic selling later when they have second thoughts) 3) the BTC price just had some action in the past few hours, so buyers are making a run to exchange for USD, or are keeping their assets in BTC in case the exchange rate goes higher (If I were to bet, I would say this is the primary cause) |
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Bitcycle
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May 19, 2013, 12:58:22 AM |
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Another possibility is people selling passthrough shares to fund their auction purchase. The difference is still enough to make it worth doing.
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freedomno1
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Activity: 1848
Merit: 1096
Learning the troll avoidance button :)
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May 19, 2013, 01:08:46 AM |
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Another possibility is people selling passthrough shares to fund their auction purchase. The difference is still enough to make it worth doing.
Makes sense move equity to bid on it that said this seems like a fair presentation of the current history to date how you decide is your call http://www.youtube.com/watch?v=76EcAinKPDo&feature=youtu.be |
Believing in Bitcoins and it's ability to change the world
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lophie
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May 19, 2013, 01:43:43 AM |
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Another possibility is people selling passthrough shares to fund their auction purchase. The difference is still enough to make it worth doing.
Makes sense move equity to bid on it that said this seems like a fair presentation of the current history to date how you decide is your call http://www.youtube.com/watch?v=76EcAinKPDo&feature=youtu.beoh man if rastapool cancelled the auction they would be soooo burned... |
Will take me a while to climb up again, But where is a will, there is a way...
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Franktank
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May 19, 2013, 01:45:22 AM |
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oh man if rastapool cancelled the auction they would be soooo burned...
It would not look good for rastapool and from words that I've exchanged with him, he does not seem like that kind of person. |
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velacreations
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May 19, 2013, 02:02:36 AM |
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oh man if rastapool cancelled the auction they would be soooo burned...
more likely that the price jumps above the PTs... |
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JordanL
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Sr. Member
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Activity: 294
Merit: 250
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May 19, 2013, 02:05:22 AM |
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oh man if rastapool cancelled the auction they would be soooo burned...
more likely that the price jumps above the PTs... I'd guess that you're right. Bidding in the last hour of that auction will likely push the price to BTC2+. |
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Transisto
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Activity: 1731
Merit: 1008
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May 19, 2013, 02:08:06 AM |
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This thread has slowly turned into a speculator troll box.
I hope Friedcat does something about it, like having an AM website / forum !!!
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Franktank
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May 19, 2013, 02:11:53 AM |
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oh man if rastapool cancelled the auction they would be soooo burned...
more likely that the price jumps above the PTs... As they should, these are direct shares with friedcat himself. You even get confirmation satoshis! That itself bears a premium (more than the satoshi itself). |
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conv3rsion
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May 19, 2013, 02:16:02 AM |
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oh man if rastapool cancelled the auction they would be soooo burned...
more likely that the price jumps above the PTs... As they should, these are direct shares with friedcat himself. You even get confirmation satoshis! That itself bears a premium (more than the satoshi itself). Really? Because you can move out of the PTs to direct for free, and have better access to liquidity when in a PT. So I'm not sure why direct shares would go at a premium. |
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Franktank
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May 19, 2013, 02:24:14 AM |
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Really? Because you can move out of the PTs to direct for free, and have better access to liquidity when in a PT. So I'm not sure why direct shares would go at a premium.
Both Burnside and DeaDTerra are trustworthy here, they have proven that here. But it's just another layer of potential liability. For me, the minor price bump is worth having direct shares thru friedcat. Again, both are professionals and handle their assets just fine. |
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VJain
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May 19, 2013, 03:51:42 AM |
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Had this bookmarked since December  |
Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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Franktank
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May 19, 2013, 04:05:17 AM |
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Is there a way to notifications when a user posts? Want to be able to get those notifications sent in email, then into SMS. |
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Transisto
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Activity: 1731
Merit: 1008
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May 19, 2013, 04:07:52 AM |
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Had this bookmarked since December How is this a forum ? Separating the "Oh brought 1 share at X" and ",,, think price will go to Y" from actual discussion, I don't think I'm asking much. And yes, me too receive alarms every-time Friedcat farts. |
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rastapool
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May 19, 2013, 04:35:18 AM |
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oh man if rastapool cancelled the auction they would be soooo burned...
It would not look good for rastapool and from words that I've exchanged with him, he does not seem like that kind of person. lophie, but I will do not Franktank, thank you I'd guess that you're right. Bidding in the last hour of that auction will likely push the price to BTC2+. Will see, less than 30 min remains, and current prices are 1.87-1.84 |
The parasite hates three things: free markets, free will, and free men.
Napster is down - this is the END of illegal file sharing!
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frejo
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Activity: 61
Merit: 10
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May 19, 2013, 06:27:46 AM |
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Did the price of the share drop on BTCT because of the attacks, or did it drop everywhere ? Or people did like me and thought it was a good time to take home a nice little profit =) and invest it elsewhere for possibly even more profit (100TH mine  ) |
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🏰 TradeFortress 🏰
Bitcoin Veteran
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Activity: 1316
Merit: 1043
👻
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May 19, 2013, 07:38:06 AM |
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Maybe ASICMINER should look into starting their own pool. Reduce their variance with solo mining, and earn fees off the people that want to mine there (especially people who bought ASICMINER hardware).
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Eric Muyser
Full Member
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Activity: 224
Merit: 100
You can't kill math.
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May 19, 2013, 09:03:32 AM |
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I think someone just cashed out from btc-tc and moved part of their investment on bitfunder where prices were 0.1btc lower until some hours ago.
I think there's someone who wants to keep the stock price under control and not let the new surge of investors throw the price into a parabolic, crashing it and inciting panic. I wonder who this person could be Red bars, trying to balance the incline. Green bars, people getting crazy (and all in between).  When there's not much demand it kind of just idle's as people hold their shares for the next incline. There's very little on either side trying to trade this, just holders and occasional sell offs to keep it balanced. For going long it's an investor dream. |
@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
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eiprol
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Activity: 117
Merit: 10
bitarchitect
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May 19, 2013, 10:08:13 AM |
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http://deepfriedcat.comAccording to its charts, seems that the hashrate has dropped suddenly more than expected... any knowledge on this? solomining?
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