It's normal,  because bot control everything.

See my sig...PM if you want something personalised

wow, you are so naive to think that your account in Croatia is invisible to the authorities and croatian central bank.

There was some talk about a person who's creating those walls so he (or she) can buy up all the offers below his and profit that way.

No thanks, I want my BTC being able to buy a lot more.

Bitcoin dreams in tatters here.

Crappy exchange Sharexcoin has gone offline with everyones BTC and a stack of other coins as well.  

"Never use altcoins cuz exchange have stollen your coins" wtf is that? What about first one and mtgox?

Now that is a complete and categorical falsehood.

The only way to pump new FIAT into the bitcoin market is to promote bitcoin in 0.1 btc @$65 or 0.01 btc @$6.50 in all exchange sites and media.

The average Joe doesn't know they can buy 0.1 or 0.01 btc, so they will never touch it if the price is to high

red alert!

bitcoin is going down bellow 300 in a matter of days

THERE IS ALMOST NO MORE BUYERS AT THIS PRICE LEVEL

SELL EVERYTHING

NOW!!!!!!

what do you think of the possibility that this was just some large holders liquidating to get their funds in order to place bids on the auction?

Damn this conversation should be in a philosophy text somewhere.

Yes, ... the 30K coins seem to be a test run, and the 144k coins will be a bigger deal... a bit more difficult to absorb

I get what you are suggesting, above; however, I get the sense that the BTC market is NOT going to keep staying down with each and every pending uncertainty regarding various coins or its future.. .b/c sometimes the momentum to go up is just there, in spite of various uncertainties that may exist.

As many of us know there remain quite a few uncertainties with the future of bitcoin.. for example:  There is the uncertainty of the 200k found gox coins, and there is the uncertainty of the 600k not yet found gox coins.  Also, there is the uncertainty regarding whether anybody, including Satoshi, has control over nearly 1 million early mined coins, and then there is the uncertainty of these many bullshit exchanges conducting off-line insider trading and manipulations of the price with potentially engaging in a kind of fractional reserve banking..

[Fact]It could be chinese coins that are getting sold on Stamp. Chinese market is probably 90% fake trades and fake bid depth/phantom orders, and the only reason it still exists is to prevent the western ones from crashing and holding the price high as long as it takes for the chinese to cash out. [/Fact]

"To have failed in everything, always, out of a love of discouragement." aka Bitcoin 2014  - Emil Cioran

Mă bucur să te cunosc  

Objectively, what are our chances of going lower?  I can throw in some fiat and buy some coins, but this is probably the last time I will be buying for 6 months or a year.  Ignoring the trolls, is there a legitimate chance of hitting $500?

I don't recal if I mentioned it here, but a few years ago Fiat Brasil switched to using cast iron(GOV BACKED FIAT) instead of steel(GOLD BACKED MONEY) for the rear wheel hubs of some model.  The hubs would fatigue-crack after some time(FINANCIAL CRISIS), more likely when driving at high speed on highways(BANKERS/POLITICIANS GREED).  Several fatal accidents happened(PEOPLE LOST THEIR JOBS/AUSTERITY MEASURES) before the government forced Fiat(NEVER HAPPENED, GOVERMENTS WILL NEVER SWITCH TO GOLD BACKED OR BITCOIN MONEY) to do a recall and replace those hubs.

Once I met at lunch the prof(BITCOIN CREATOR) from our Mechanical Engineering dept who wrote the report that pointed out the problem(ENDLESS DEBT/PRINTING OF MONEY OUT OF THIN AIR) and eventually convinced the government to order the recall(NEVER HAPPENED).  It was not a easy struggle to overcome the Fiat lobbyists and lawyers(ANTI-BITCOIN MOVEMENT: PONZI, SCAM, BUBBLE THEORY LOBBYISTS), and I don't think that he got more than his expenses refunded(SATOSHI NEVER SOLD HIS BITCOINS. HE JUST LEFT US HIS GENIUS).

That prof saved lives, perhaps hundreds of them. I will feel good if I can save the economies of a few people from the types of Mark Karpelès, Daniel Brewster, and Barry Silbert.

Nice to see this time there are no ridiculous walls at 620, 660 etc. maybe all the sellers finally understand that we're going up and selling huge amounts while doing so is just throwing away your money.

So, when is someone going to buy an island, start a farm, power plant, ISP, and waste water treatment facility that does everything in bitcoin?  Then, we can say F*** fiat, lets price everything in BTC.  I'd rather pay a set BTC price every freakin' time then buy a couple pizzas worth a few million dollars a couple years later. 

Any takers?  That'd be the easiest way to start a TRUE BTC economy that's not dependent on the Fiat->BTC relationship.  Granted, it would probably take a little while to get going, but it would be awesome...

Now it's the last desperate hope for all the cab drivers and grocery clerks... Bitcoin is not about organic development of technology, not any more.

In an attempt to put things into perspective:

These are drawn to scale. Area = number of coins.

i'm thinking FBI coins about 10% above market value. 

whales can't accumulate bitcoins on the exchanges without a substantial price movement.  10% above market could be a bargain.

you don't get to see other peoples bids.

There is no way of telling how many bidders there will be and what will be the winning bid.  At this point, I would guess 10% probability that any given bidder will get any coins at all.

So, buying at the auction cannot be part of any strategic planning.  For the bidders, it will be an opportunistic shot in the dark -- may provide juicy extra gain if it succeeds, but most likely it will not, so the bidder would have to plan for business as usual.  The main impact would be for the "poorest" bidders who will have to set aside the auction money until the bids are opened, and thus may be forced postpone their regular buys.

But has the court cleared that auction yet?

(I know that DPR hasn't exhausted the appeals yet, but I vaguely recall reading somewhere that the court had authorized the auction, with the understanding that DPR would be refunded in dollars if he wins on appeal.  Is this correct?)

If that auction has to wait for the appeals, then it may be a long way off -- a year, maybe?

If I wanted 3k coins, I would contact a miner and attempt to negotiate a price a little under market.

If this auction appeared on my radar whilst I was considering it, I'd probably throw in a low-ball offer on the off-chance.

Thus I think these coins will sell at a discount.

its good to participate in the market, helps liquidity and price discovery, every bitcoiner should have a trading account.

What makes you think that $475 was the second highest bid?

Doubt that the second highest bid was also below market price.
I think it was at market price the lowest.

Good point. I don't think Bitcoin has the awareness for it to make much of a difference yet but in time, every big credit card number theft story will work in Bitcoin's favor.

Nah, they'll get all fit and healthy from having to push wheelbarrows full of cash around

Before chart buddy, there is so many who post and we will reach the milestone again 7777.

this Video teach us a simple yet important thing: First Follower: Leadership Lessons from Dancing Guy


Click the image to watch the video




in Bitcoin's case, Hal finney was that brave first follower

bitcoin dropped 60% from last year

yeah, how about compared to $0.0001? keep saying this to people who lost $$$$ you will get punched in the face

wahha I like this meme.

Critical.

http://senparlvu.parl.gc.ca/Guide.aspx?viewmode=4&categoryid=-1&eventid=9692&Language=E#

I found it best to use 2 tabs, 1 for audio 1 for video as the video is very choppy.