Quote from: raskul on December 16, 2014, 06:59:48 PM

Quote from: I_IZ_CEO on December 16, 2014, 06:57:16 PM

Quote from: raskul on December 16, 2014, 03:04:41 PM

Quote from: vabchgent on December 16, 2014, 02:58:42 PM

Quote from: raskul on December 16, 2014, 02:57:09 PM

Quote from: vabchgent on December 16, 2014, 02:54:09 PM

Quote from: jackbox on December 16, 2014, 02:48:25 PM

Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here. Cry

Oh boy hope he is not going to dump all the BTC he was supposedly mining with our miners when the payouts dropped on Zen cloud. That would be a disaster for BTC. Robbing BTC to pay XPY. We also know he has PH somewhere mining something.

you make no sense.

sit and watch this just for 30 mins and see what kind of volume BTC trading does....
https://bitcoinwisdom.com/markets/kraken/btceur

Garza doing any density of mining won't affect anything, whatsoever.

I might be wearing a tinfoil hat right now. But he did get a lot of BTC from cutting the Mining contracts so he could be sitting on a mountain of it.

we are currently seeing selloffs by whoever was fortunate enough to win that last FBI auction. these selloffs are done in dribs and drabs and have short term effect on the price, in dumps of ~100BTC at a time. This is my take on what is occurring in the marketplace currently. Then we have the normal dumps by the mining farms... put together it's a slow short term drop in btc price, but we are talking tens of thousands of BTC volume here...

I don't care which hat you are wearing but Garza has nowehere near the volume which is actually suppressing short term btc price.

Or.. I presume you can back up your statement with hard numbers?
thought not.

I dont think the auction buyers, Tim being one of them, are selling their bitcoins. Tims wallet:
28,156.51316529 BTC
https://blockchain.info/address/16cTyJLWbXQz3UZ3sYjy6A6VGX4sAqiEo1
I also think he is funding some start ups with his bitcoins.
I don't think Homero is selling his bitcoins too.. He might be selling his paycoins to get more bitcoins..

that was the 1st FBI auction. there has been another since and the buyer remained anonymous AFAIK

Second Market won the 2nd auction, a 104-person syndicate. How much did each person get from that auction? Enough to do damage to bitcoin if they sold their share? And tbh I do not think these investors are selling their coins. At a later time, maybe.