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Lohoris
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July 19, 2013, 12:57:59 PM |
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Satoshidice was sold, is it just me or should we expect influx of new investors since ASICMINER is probably the only remaining noteworthy investment in bitcoinland today?
It's the main one, but definitely not the only one. |
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lophie
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July 19, 2013, 01:12:29 PM
Last edit: July 19, 2013, 01:46:46 PM by lophie |
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Hello, In a pinch. selling 10 direct shares for ( 10@4.55BTC), who is interested? Negotiable for the reasonable buyers. |
Will take me a while to climb up again, But where is a will, there is a way...
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TsuyokuNaritai
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July 19, 2013, 01:35:02 PM |
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Hello, In a pinch. selling 10 direct shares for ( 10@4.55BTC), who is interested? Negotiable for the reasonable buyers. Usually people create a new thread for these then do a single short post here linking to it, to avoid cluttering the main thread with responses and replies. |
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neilol
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July 19, 2013, 01:49:09 PM |
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What is with the price discrepancy between TAT and burnside passthroughs for?
Very confused at this, cant just be the 5% fee.
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gog1
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July 19, 2013, 01:56:59 PM |
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What is with the price discrepancy between TAT and burnside passthroughs for?
Very confused at this, cant just be the 5% fee.
Speculation is that a big whale is picking up shares. If that's the case, he may want to export it out of the PT and be direct shares. That's not possible with TAT shares. |
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sleger
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July 19, 2013, 02:01:06 PM |
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I sold all my direct shares and bought TAT shares since the price difference was around 10%, and this will adjust. At the very least TAT himself could sell direct shares and buy his own TAT shares to adjust the price, pocketing in a profit in the meantime.
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ThickAsThieves
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July 19, 2013, 02:04:34 PM |
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What is with the price discrepancy between TAT and burnside passthroughs for?
Very confused at this, cant just be the 5% fee.
Speculation is that a big whale is picking up shares. If that's the case, he may want to export it out of the PT and be direct shares. That's not possible with TAT shares. The whale picked up shares OTC at a premium price, causing those that sold to him to replenish by buying up the PTs. The discrepancy on the fractional PTs can be attributed to several factors, but mostly I believe it is that, as the share price gets higher, the @5% devaluation people place on it appears larger. Now, I've already explained why a straight 5% discount is an inaccurate way to factor the management fee, but the mgmt fee is but one factor. Also, since when was this market rational anyway?  |
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lophie
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July 19, 2013, 02:10:57 PM |
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Also, since when was this market rational anyway? so getting into my sig after TradeFortress rent of my space expires  |
Will take me a while to climb up again, But where is a will, there is a way...
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neilol
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July 19, 2013, 02:20:20 PM |
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What is with the price discrepancy between TAT and burnside passthroughs for?
Very confused at this, cant just be the 5% fee.
Speculation is that a big whale is picking up shares. If that's the case, he may want to export it out of the PT and be direct shares. That's not possible with TAT shares. The whale picked up shares OTC at a premium price, causing those that sold to him to replenish by buying up the PTs. The discrepancy on the fractional PTs can be attributed to several factors, but mostly I believe it is that, as the share price gets higher, the @5% devaluation people place on it appears larger. Now, I've already explained why a straight 5% discount is an inaccurate way to factor the management fee, but the mgmt fee is but one factor. Also, since when was this market rational anyway? Thanks for the clear answer |
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TsuyokuNaritai
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July 19, 2013, 02:20:46 PM |
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The whale picked up shares OTC at a premium price, causing those that sold to him to replenish by buying up the PTs.
Can you let us in on who it was?  Or if it's confidential, maybe just whether it was with money from S.DICE? |
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ThickAsThieves
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July 19, 2013, 02:21:37 PM |
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The whale picked up shares OTC at a premium price, causing those that sold to him to replenish by buying up the PTs.
Can you let us in on who it was? Or if it's confidential, maybe just whether it was with money from S.DICE? It was before the SDICE payout. |
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dexX7
Legendary
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Activity: 1106
Merit: 1026
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July 19, 2013, 03:30:19 PM |
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It was before the SDICE payout.
Maybe that's related.  |
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velacreations
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July 19, 2013, 03:37:10 PM |
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there was a whale pushing it down yesterday. I watched the big buy order at 4.611 for 350+ shares go through almost all at once. So, someone wanted to put the price back down closer to 4.5, yesterday.
Another big someone was buying a bunch a bit before, trying to hit 4.9.
So, it was just whales fucking.
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dexX7
Legendary
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Activity: 1106
Merit: 1026
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July 19, 2013, 03:40:32 PM
Last edit: July 19, 2013, 03:52:14 PM by dexX7 |
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there was a whale pushing it down yesterday. I watched the big buy order at 4.611 for 350+ shares go through almost all at once. So, someone wanted to put the price back down closer to 4.5, yesterday.
Another big someone was buying a bunch a bit before, trying to hit 4.9.
So, it was just whales fucking. ^ This.. There was a >600 bid wall which was finished by the above mentioned 350+ shares sell. Edit: could also be someone with a huge stack of coins and shares who just wanted to sell and buy back lower. Wall set up to drive the price higher, sell into the wall, to induce a selloff. But half of it got eaten before.. hmm.. well. Wild speculation only, I guess. |
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Ozymandias
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July 19, 2013, 03:55:16 PM |
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there was a whale pushing it down yesterday. I watched the big buy order at 4.611 for 350+ shares go through almost all at once. So, someone wanted to put the price back down closer to 4.5, yesterday.
Another big someone was buying a bunch a bit before, trying to hit 4.9.
So, it was just whales fucking. ^ This.. There was a >600 bid wall which was finished by the above mentioned 350+ shares sell. Edit: could also be someone with a huge stack of coins and shares who just wanted to sell and buy back lower. Wall set up to drive the price higher, sell into the wall, to induce a selloff. But half of it got eaten before.. hmm.. well. Wild speculation only, I guess. Can you actually sell into your own wall on btct or will it just remove the bids that you are trying to sell into? |
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Lohoris
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July 19, 2013, 04:01:13 PM |
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Can you actually sell into your own wall on btct or will it just remove the bids that you are trying to sell into?
IIRC you can but you pay the fee, of course. |
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benm
Newbie
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Activity: 27
Merit: 0
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July 19, 2013, 04:34:12 PM |
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I could see TAT selling shares OTC, then rebuying off the btctc passthrough and exporting them as direct shares, thus eventually draining the btctc passthrough of shares. Conspiracy?
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VeeMiner
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July 19, 2013, 04:41:41 PM |
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I could see TAT selling shares OTC, then rebuying off the btctc passthrough and exporting them as direct shares, thus eventually draining the btctc passthrough of shares. Conspiracy?
it's just a service for people who want direct shares. Nothing more, nothing less. |
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canth
Legendary
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Activity: 1442
Merit: 1001
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July 19, 2013, 04:49:17 PM |
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I could see TAT selling shares OTC, then rebuying off the btctc passthrough and exporting them as direct shares, thus eventually draining the btctc passthrough of shares. Conspiracy?
it's just a service for people who want direct shares. Nothing more, nothing less. +1. Also if TAT or anyone wants to buy up lots of shares on BTCTC, then he's welcome to do that. He'll only buy ~ 100-200 before he pushes the price up over 5BTC apiece. |
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Xeen
Newbie
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Activity: 7
Merit: 0
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July 19, 2013, 04:50:07 PM |
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there was a whale pushing it down yesterday. I watched the big buy order at 4.611 for 350+ shares go through almost all at once. So, someone wanted to put the price back down closer to 4.5, yesterday.
Another big someone was buying a bunch a bit before, trying to hit 4.9.
So, it was just whales fucking. ^ This.. There was a >600 bid wall which was finished by the above mentioned 350+ shares sell. Edit: could also be someone with a huge stack of coins and shares who just wanted to sell and buy back lower. Wall set up to drive the price higher, sell into the wall, to induce a selloff. But half of it got eaten before.. hmm.. well. Wild speculation only, I guess. Can you actually sell into your own wall on btct or will it just remove the bids that you are trying to sell into? Yes. Awhile ago a decent spread between buy and sell orders showed up and I was trying to place one on both to see if I could flip some stock. I put the sell order up and then when putting my buy order up forgot to enter my 2FA key. This caused the buy order value to default to the current sell value (mine) and I didn't notice, so I placed my buy order, and btct.co happily bought and sold my listing(s) out of my own shares for a small fee. I like to think of it as tipping Burnside, rather than me being a dolt. And I managed to actually pull off the flip after relisting careful, so still came out ahead. |
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