I was acquiring monthly, so most of it came after ~600$.
I guess that was an epic fail. Still believe in bitcoin, but I aint investing/hodling/considering startup ideas until some consolidation and less volatility. Boy I sure have some regrets, but thats life.
I hope thats a bullish sign for those of you left here grasping for straws
You've been invested for 1.5 years but your Bitcointalk account is only 9 days old? Riiiight. Troll detected.
/Ignore
I have been registered for far longer than you so you must be a troll too.
How many Bitcoins are created per day? Is the number still 3600? If so the Bitcoin market still needs $200k+ of new money everyday just to keep Bitcoin stable at current price point.
Shhh don't start injecting reality to people they still think it is possible to go to $10,000. At $266 there needed to be $900,000 per day (someone else's calculation). This would explain why it topped out there.
no way. don´t forget all the cash that the smart guys who sold all the way down to present have piled up. the money that others lost is not gone - it just changed hands. those guys profited a lot. they will want to profit again. but they can only do so if they buy btc. they are all waiting....
I doubt that money stays in Bitcoin economy. People buying expensive Bitcoins are funding someone elses houses, cars, boats etc.
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Re: Market sentiment poll - did we see the bottom ($50 at Gox)?
by
aop
on 16/04/2013, 13:42:03 UTC
How many Bitcoins are created per day? Is the number still 3600? If so the Bitcoin market still needs $200k+ of new money everyday just to keep Bitcoin stable at current price point.
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Re: Wall Observer - MtGoxUSD wall movement tracker
Wow, so Gox is down again due to trading volume, BitFloor is on and off all day due to constant DDoS, and nearly all the other major exchanges are equally spotty due to either DDoS or volume.
But we're STILL holding in the $70-80 range!
Go bitcoin! Lol. Any other day and this behavior would cause panic sells en masse, but I think now people are finally desensitized to the shitty exchange infrastructure.
I can imagine the DDoS attacks are from both the 'powers that be' and from speculators who want to buy cheap coinz before it goes back up. Because there is some serious DDoS action going on, multiple exchanges, fun to watch.
Your naivety is amusing.
A basic i7 based box could easily handle thousands of transactions a second with sub 100ms lag; yet we are to believe that all these exchanges are running some relic 386 box running Windows 3.1. The exchanges are not there to serve the Bitcoin community, they are there to engage in price manipulation (likely collusive in nature) for their own gain. When they cannot move price action in a direction favourable to them they cry DDOS to allow them to pull the rug from under their customers and scalp some easy money that way.
This. The higher they manage to keep the price and volume the more they make money by skimming from the top.
Based on what? Most of the people trying to buy their first Bitcoin are still waiting in line at mtGox and now that the prices are cheaper they'll buy a lot more. People who jumped ship were professional traders not the mainstream public looking for long term investments or looking to buy Bitcoin to hold for a year.
I bet most of those people waiting in line at Mt.Gox were in for promise of easy money. I think some of them may interpret the fall from $260 to $60 as a warning sign and back off.
You're right - the whole internet thing was a complete failure. I'm surprised you even found a way to post this on the internet.
Hey guise, listen to this genius, internet totally exists just because of the dot.com bubble and all good that came from it.
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Re: Conspiracy Theory: MtGox will not return
by
aop
on 11/04/2013, 15:54:41 UTC
I wonder how Japans laws see virtual currencies. If they returned the dollars they are holding but kept all the BTC would they be accountable under Japans laws or is stealing virtual monopoly money the same thing as stealing air under their laws?
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Re: Wall Observer - MtGoxUSD wall movement tracker
all the Bears have an agenda; why else would they spend all their valuable time here bashing Bitcoin if they truly believed it was worthless?
We saw many people fall to the BTC price bubble scam on these forums so I think it's our right if not duty to tell people to avoid Bitcoin until the bubble is finally over.
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Re: GET OUT!
by
aop
on 18/10/2011, 11:53:32 UTC
Did you buy those 47 BTC with real money OP?
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Re: Place your bets: the price of bitcoin after Mt.gox opens
by
aop
on 20/06/2011, 12:37:24 UTC
10.21
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Re: ALL mtgox password has been compromised, change asap, everywhere you used it
by
aop
on 19/06/2011, 22:04:42 UTC
Wanna bet next leak is going to come from this forum unless it has already been hacked and data taken?
This is would be very profitable target indeed since many people here are likely to use same passwords and usernames as they use in their mails and bitcoin exchanges.
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Re: 3 interesting replies found at mtgox website about the rolling back
Even if Mtgox lost a large number of bitcoins, they can temporarily work like a fractional reserve bank until they recoup all the accounts with the 0.65% fee.
That'll work just fine because first thing you see if Mt.Gox ever opens again is a freaking bank run.
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Re: mtgox hack confirmed
by
aop
on 19/06/2011, 19:16:59 UTC
This also confirms that someone has 500k BTC in his mtgox account and he is most likely the person behind constant price manipulation on Bitcoin market.
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Re: How long does it take for Mt.Gox SEPA transfer to go trough?
by
aop
on 16/06/2011, 10:15:15 UTC
Yeah, just got the money. Took one week but it's nice to have some money to spend on new hardware now
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Re: How long does it take for Mt.Gox SEPA transfer to go trough?
i did a request on 26.5.2011 and did not receive anything until now...
Do you mean you have not received anything yet or that you received your funds now after 3 weeks?
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Re: How long does it take for Mt.Gox SEPA transfer to go trough?
by
aop
on 15/06/2011, 13:02:00 UTC
Am I counting the business days wrong, starting from the day I made the transaction (excluding the day it was made): Thursday-Friday-Saturday-Sunday-Monday-Tuesday-Wednesday
I get 4 that way.
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Re: How long does it take for Mt.Gox SEPA transfer to go trough?