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https://twitter.com/lopp/status/917463355593502720What's the context on this TBT?
Quote from: wetwillie on October 09, 2017, 06:47:10 PMhttps://twitter.com/lopp/status/917463355593502720What's the context on this TBT?Ross Ulbricht(Avi: Dread Pirate Roberts) had that many BTC confiscated when he got arrested by the FBI. He ran the first Silk Road. The government treated his BTC as property and auctioned them all off. The current price at the time and what they auctioned them for was only ~$28 million. Today they’d be worth ~692 million.
Quote from: The Big Train on October 09, 2017, 07:15:05 PMQuote from: wetwillie on October 09, 2017, 06:47:10 PMhttps://twitter.com/lopp/status/917463355593502720What's the context on this TBT?Ross Ulbricht(Avi: Dread Pirate Roberts) had that many BTC confiscated when he got arrested by the FBI. He ran the first Silk Road. The government treated his BTC as property and auctioned them all off. The current price at the time and what they auctioned them for was only ~$28 million. Today they’d be worth ~692 million. That is insane, I had no idea the US Govt had already seized BTC from an individual
Quote from: wetwillie on October 09, 2017, 07:17:51 PMQuote from: The Big Train on October 09, 2017, 07:15:05 PMQuote from: wetwillie on October 09, 2017, 06:47:10 PMhttps://twitter.com/lopp/status/917463355593502720What's the context on this TBT?Ross Ulbricht(Avi: Dread Pirate Roberts) had that many BTC confiscated when he got arrested by the FBI. He ran the first Silk Road. The government treated his BTC as property and auctioned them all off. The current price at the time and what they auctioned them for was only ~$28 million. Today they’d be worth ~692 million. That is insane, I had no idea the US Govt had already seized BTC from an individualHe got arrested in California and was charged crimes in several states. However the biggest bull crap was that his trial was in NY, which has some of the toughest financial and internet crime laws. They wanted to make an example of him, plain and simple. He’s serving life in prison without the possibility of parole.
China made so much money manipulating the market. They could keep doing it over and over in the short term too.
What do you make of these resistance points and rallies today? Feels very much like the jump to the 90's a while back.
Quote from: The Big Train on October 08, 2017, 11:03:53 AMQuote from: The Big Train on October 05, 2017, 03:59:47 PMSo prices as they are, I just bought again(BTC and LTC). The price may go down with the two hard forks coming(yeah two in the next 2 months) for BTC. When there is turmoil in BTC I see $$$ signs, especially when my money is splitting into two more chains.This is a long term buy so I’m not looking to sell quick at all. These two other chains I don’t expect to last forever but we’ll see where they go.Missed the lowest of the last dip by only about ~10 hours. I’ll take that all day longEveryone is jumping to BTC ahead of these forks.
Quote from: The Big Train on October 05, 2017, 03:59:47 PMSo prices as they are, I just bought again(BTC and LTC). The price may go down with the two hard forks coming(yeah two in the next 2 months) for BTC. When there is turmoil in BTC I see $$$ signs, especially when my money is splitting into two more chains.This is a long term buy so I’m not looking to sell quick at all. These two other chains I don’t expect to last forever but we’ll see where they go.Missed the lowest of the last dip by only about ~10 hours. I’ll take that all day long
So prices as they are, I just bought again(BTC and LTC). The price may go down with the two hard forks coming(yeah two in the next 2 months) for BTC. When there is turmoil in BTC I see $$$ signs, especially when my money is splitting into two more chains.This is a long term buy so I’m not looking to sell quick at all. These two other chains I don’t expect to last forever but we’ll see where they go.