400 000 BTC trckling to market, what price level it will result?

shaw1

sr. member

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Agree with the heavy hitter posters here.

It's ridiculously easy to claim that 400K bitcoins are going to be sold, and quite another to prove that.
You've clearly done the math, since you have the number there. It can't be a guess, or you're just an idiot.

So do tell, OP. Share the list of events, along with the amounts seized.

And then go all condescending with your "ignorance is bliss" bit.
You make a nutty claim, and then pretend you are the only adult in the room.

An adult wouldn't spout off at the mouth without facts.
So bring 'em.
Shouldn't be hard to do, if you are correct.

Pursuer

legendary

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Quote from: NCGreturns on June 24, 2018, 06:33:17 PM

Ignorance is bliss... considering this is speculation forum someone seems to have have weak heart apparently (probably not hand tho).

If one counts together all the news from last year, 400k is in the ballpark of various seized funds, that is ending up in the market in one or other way.

Quote from: LFC_Bitcoin on June 24, 2018, 04:39:00 PM

What kind of bull shit is this OP?
Back up your claims with a solid source or evidence or don’t post shit.

Welcome to my ignore list btw.

exactly, this is speculation board not a "make a hypothetical guess" board that you start hypothetical discussions without explaining it first or giving legit facts. you say 400k bitcoin is being sold I say $1 trillion is entering the market. and unless you provide facts both of our claims are worthless.

you mention "seized funds", what seized funds are these? from where? who did that and how are they entering?
there have been many cases of seized funds in the past and none of them have ever entered the market. they are auctioned off the market and usually only 1 winner buys it all. and they don't buy it in the auction to go on an exchange the next day to dump them!!! the fees and the taxes will eat through their profit and they will lose a lot of money doing that.

ladydark

hero member

Activity: 686

Merit: 500

Quote from: NCGreturns on June 24, 2018, 03:20:44 PM

So, just a general estimate, how low will this suppress price? Done slowly, maybe not that big problem?

Already bitcoin price is in down trend and this would definitely speed up the falling of bitcoin price.

NCGreturns

newbie

Activity: 6

Merit: 0

Ignorance is bliss... considering this is speculation forum someone seems to have have weak heart apparently (probably not hand tho).

If one counts together all the news from last year, 400k is in the ballpark of various seized funds, that is ending up in the market in one or other way.

Quote from: LFC_Bitcoin on June 24, 2018, 04:39:00 PM

What kind of bull shit is this OP?
Back up your claims with a solid source or evidence or don’t post shit.

Welcome to my ignore list btw.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

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What kind of bull shit is this OP?
Back up your claims with a solid source or evidence or don’t post shit.

Welcome to my ignore list btw.

mike4001

sr. member

Activity: 443

Merit: 260

If there are really 400.000 BTC sold on exchanges we would probably go down to single digits ...

But I don't think this will happen :-)

NCGreturns

newbie

Activity: 6

Merit: 0

So, just a general estimate, how low will this suppress price? Done slowly, maybe not that big problem?

Topic: 400 000 BTC trckling to market, what price level it will result? (Read 172 times)