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re: So what happens to Bitcoin now?
Posted on 10/2/13 at 2:15 pm to WikiTiger
Posted on 10/2/13 at 2:15 pm to WikiTiger
quote:
come on dude, you can't be that stupid, can you?
Facebook was a "distressed asset" pre-IPO?
It's the same concept. Someone was looking for liquidity. And that market likely bought it for a song. I don't think it's distressed but the concept was buy below value and sell above that for a profit.
ETA: the same thing happened this year in the REIT market. No liquidity but users wanted out. Tons of companies opened up to buy those REITS for a song
This post was edited on 10/2/13 at 2:17 pm
1
Posted on 10/3/13 at 7:57 am to Broke
Anyone want to speculate how many Americans will be tracked down and arrested for buying hard drugs on SR before this is over?
If another SR user claimed to have the addresses of 500,000 SR users, you can bet the FBI has those addresses, too. Once the FBI starts arresting the largest purchasers and confiscating their bitcoins, it's game over.
If another SR user claimed to have the addresses of 500,000 SR users, you can bet the FBI has those addresses, too. Once the FBI starts arresting the largest purchasers and confiscating their bitcoins, it's game over.
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