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BlackWidow


Registered: 09/25/11
Posts: 2,395
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Sheep Marketplace Likely Just Scammed $40 Million In Bitcoins..
#19206464 - 11/29/13 09:03 PM (10 years, 2 months ago) |
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I just thought you guys should see this.
http://www.reddit.com/r/SheepMarketplace/comments/1rpy1t/i_was_wrong_it_is_a_scam_proof_inside/
Do NOT deposit bitcoins into sheep right now. Inform everyone else. Any bitcoins in your sheep account cannot be taken out.
No one is 100% sure that they have scammed but it sure appears to be this way.
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moonrockmushy
High on Spite



Registered: 07/01/05
Posts: 19,068
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Re: Sheep Marketplace Likely Just Scammed $40 Million In Bitcoins.. [Re: BlackWidow]
#19206472 - 11/29/13 09:05 PM (10 years, 2 months ago) |
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That would probably drive down the price, right? Anyone got any guesses as to that?
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Hobozen


Registered: 11/03/11
Posts: 10,634
Loc:
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Re: Sheep Marketplace Likely Just Scammed $40 Million In Bitcoins.. [Re: BlackWidow]
#19206473 - 11/29/13 09:06 PM (10 years, 2 months ago) |
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"Czechmated"
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DirtyTomFlint
( ಥـْـِـِـِـْಥ)




Registered: 11/26/13
Posts: 1,879
Loc: United Kingdom
Last seen: 1 year, 2 months
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Re: Sheep Marketplace Likely Just Scammed $40 Million In Bitcoins.. [Re: Hobozen]
#19206475 - 11/29/13 09:07 PM (10 years, 2 months ago) |
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Sheep? What a joke. SR is back up, anyone heard from anyone else using it?
--------------------
   Know Your Body, Know Your Mind, Know Your Substance, Know Your Source
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BlackWidow


Registered: 09/25/11
Posts: 2,395
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Re: Sheep Marketplace Likely Just Scammed $40 Million In Bitcoins.. [Re: moonrockmushy]
#19206492 - 11/29/13 09:12 PM (10 years, 2 months ago) |
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Quote:
moonrockmushy said: That would probably drive down the price, right? Anyone got any guesses as to that?
A very small amount MAYBE. The bitcoin market cap is at about $13 billion, so $40 million would have only a small effect. (In my opinion. I could very well be wrong.)
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ImFukNCLUELESS
I SPIT ON PEOPLE


Registered: 11/19/12
Posts: 1,580
Last seen: 9 years, 1 month
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Re: Sheep Marketplace Likely Just Scammed $40 Million In Bitcoins.. [Re: BlackWidow]
#19206576 - 11/29/13 09:34 PM (10 years, 2 months ago) |
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I sure fuckin hope not
GODDAMIT i should payed attention to what was going on today before transfering BTC's today
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how to pass a drug test FOO MAN'S WBS TEK damions5050's coir tek DONATE TO THE "IM FUCKING BROKE FUND" 1PtqhURaxtCpGpeUBNqeZi7XnmKwWe8WWf "my girl said it's OK to have a little penis I prefer she didnt have a penis at all"-prisoner#1
Edited by ImFukNCLUELESS (11/29/13 10:06 PM)
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moonrockmushy
High on Spite



Registered: 07/01/05
Posts: 19,068
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Re: Sheep Marketplace Likely Just Scammed $40 Million In Bitcoins.. [Re: BlackWidow]
#19206677 - 11/29/13 10:06 PM (10 years, 2 months ago) |
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Quote:
BlackWidow said:
Quote:
moonrockmushy said: That would probably drive down the price, right? Anyone got any guesses as to that?
A very small amount MAYBE. The bitcoin market cap is at about $13 billion, so $40 million would have only a small effect. (In my opinion. I could very well be wrong.)
I'm sure you know more than me so thanks for the insight. I'm just curious, and I think it will be a good indicator of if minor setbacks can have a big impact. If that is the case I feel like the market could be easily manipulated through media alone, even if there is nothing behind the reports. I know this sort of manipulation is super-illegal with stocks but with bitcoin maybe it is easier to get away with.
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MrBlueYoMind
Don't do drugs (Without me)

Registered: 04/27/11
Posts: 3,753
Last seen: 2 months, 19 days
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Re: Sheep Marketplace Likely Just Scammed $40 Million In Bitcoins.. [Re: moonrockmushy]
#19206774 - 11/29/13 10:34 PM (10 years, 2 months ago) |
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Quote:
moonrockmushy said: That would probably drive down the price, right? Anyone got any guesses as to that?
Not at first(if at all), Most likely it will drive it up since those coins will be taken out of the market(Supply goes down when demand stays the same means price goes up)
-------------------- Confucius say: He who sticks drugs in butthole has head up ass. EVOLUTION REQUIRES REPRODUCTION
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