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To: Rocket Red who wrote (125826)	11/20/2013 9:22:06 AM
From: Bear Down	Read Replies (1) \| Respond to of 233807

Exactly the opposite ..... the two big dips in october were due to the feds selling what they confiscated in the silk road bust. first 2.3 mill worth in SR accounts, then 28 mill worth from ulbrect's flash drives around oct 15. Feds wanted forfeiture and didn't want bitcoins so they sold them and then when for forfeiture on the cash that is the only supply dumps that caused the big sell-offs. this week is just like APril, huge press, BTC exchanges doing 20,000 new accounts per week, and massive demand. A good chance for any of us holding them to sell... and rememebr, there are no days off in BTC. 24/7/365 which makes upgrading a site a real headache and probably a scare for the users. that happened yesterday on one exchange as the new volume required some massive upgrades. they also have a litecoin trading platform, which although not widely accepted therefore not in great demand, were being taken up with BTC.... margin loans are peer to peer. if you don't understand it, i can see you calling it a bubbl. But if you can grasp it you will understand. In math we trust

To: Rocket Red who wrote (125826)

11/20/2013 9:27:31 AM

From: Bear Down

Read Replies (2) | Respond to of 233807

By the way, if you believe that, open an account at bitfinex.com and put some money in. You can then borrow BTC on a peer to peer platform and short them. you can also see the stats of how much money is on loan for margin buying, how many BTC are on loan for shorting and how many LTC are on loan for shorting. Pretty nice transparency . As you can see, not too many are willing to short BTC, although there are plenty available for borrow and much cheaper than borrowing dollars

Currency Flash Return Rate (*) Average Variable Interest Rate (**) Average loan period Total sum of active loans

USD	141.055%	58.5789%	334.46 days	3,550,882.76 USD
BTC	2.0%	4.9551%	65.12 days	1,709.59 BTC
LTC	3.4023%	7.1947%	74.67 days	13,878.66 LTC

To: Rocket Red who wrote (125826)	11/20/2013 9:30:35 AM
From: Goose94	Read Replies (1) \| Respond to of 233807

1987, 2008 or deeper correction?

To: Rocket Red who wrote (125826)	11/20/2013 9:47:04 AM
From: Bear Down	Read Replies (1) \| Respond to of 233807

You really are clueless. BTC is not a stock..... because the demand is dictated by how many people will accept bitcoins, it will continue to grow. because the price is irrelevant to the person buying goods with BTC due to the ability for BTC to go out 8 decimal places and transactions are denominated in dollars it demand doesn't slow down even if a BTC were a million dollars. If a BTC were 1 mill and you wanted to spend $100 on just-dice.com you would buy and send .0001 BTC.... no difference to you if BTC was at $10 and you had to buy and send 10 BTC for your $100. it is still $100.... when you can grasp that you will realize that the only way for the demand to dry up would be for the demand for gambling, blackmarket drug site and subway in PA and everyother business that accepts them to no longer accept them. Ain't gonna happen Since the seizing of silk road the other 3 major black market site have sucked up all the biz of SR and nearly doubled it thanks to all the press. Now SR is even back online and will eventually have a slew of users again. you don't get it, this is out of the government's control just like the importation of heroin, cocaine and any other illicit substance. Unless you think the US gov has juiced those markets as well so they could take them down. Well it's been 40 years since the war on drugs started and it hasn't even been dented. They say smoking pot makes you stupid, lazy, and hungry and in 40 years the government can't win a war against a bunch of hungry, lazy stupid people. talk to you when you can get a grip on that....otherwise, you've got your education. I didn't say go buy bitcoins as an investment...but if you want to use them by buying the fraction of one that you need for your transaction you will see what I mean. The vendors and drug dealers are getting rich because by the time thy get their BTC's out of escrow after the package is delivered, the BTC are worth way more than when they sold the goods. if you don't understand it you should learn it or just shut up about it but you are so clueless you can't even see through an amazing clear glass