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Topic: 95,000 Bitcoin transferred to an exchange! (Read 198 times)

sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
June 10, 2018, 01:24:21 AM
#27
wow, that's a very big bitcoin. whether used for what, but i hope that the transaction will bring the development of better bitcoin. does this have anything to do with the current bitcoin price reduction, or not?
This might be another reason why the price are slowly dumping, tha's a real huge volume of bitcoin that can dump the price of bitcoin within a day but I think there is something good on this news. I hope that it will be use for the pumping days of bitcoin.
hero member
Activity: 1176
Merit: 509
If this Asian Whale liquidates the market will crash big time.
Motive for whale to sell : Buy in cheaper or buy some ALTS
If the whale sold in this low volume I hate to think what the price of BTC would go to!

https://dailyhodl.com/2018/06/08/huge-bitcoin-whale-with-94947-btc-transfers-crypto-onto-an-exchange-rattling-nerves/

Wow! 95000 BTC? Seriously? That's a huge amount of Bitcoin. Is it owned by a single person only? If he really liquidates it, we will be doomed! I can't imagine what would be the price of coins in the market if that happens. I hope that he will ise it to pump some altcoins.
jr. member
Activity: 336
Merit: 3
If this Asian Whale liquidates the market will crash big time.
Motive for whale to sell : Buy in cheaper or buy some ALTS
If the whale sold in this low volume I hate to think what the price of BTC would go to!

https://dailyhodl.com/2018/06/08/huge-bitcoin-whale-with-94947-btc-transfers-crypto-onto-an-exchange-rattling-nerves/

let them sell, no issues at all. This is just a very short term movement, absolutely no effect on long term price whatsoever. We should be completely ignoring exactly this kind of useless news.

If Bitcoin goes below 7K it could go into free fall: Giving The masses more negative news about crypto prices and risk!
legendary
Activity: 1218
Merit: 1000
wow, that's a very big bitcoin. whether used for what, but i hope that the transaction will bring the development of better bitcoin. does this have anything to do with the current bitcoin price reduction, or not?
jr. member
Activity: 336
Merit: 3
I wonder if this caused the flash crash: If this dude hasn’t sold and does sell it will not be good
member
Activity: 532
Merit: 15
it means he has a very strong sense and capability to manipulate the market. what these whales do actually? nothing, just spread some misleading info and all teh greedy but panicked loosers will  keep selling low, and the will just EAT-UP the massive stock!
legendary
Activity: 1596
Merit: 1034
If this Asian Whale liquidates the market will crash big time.
Motive for whale to sell : Buy in cheaper or buy some ALTS
If the whale sold in this low volume I hate to think what the price of BTC would go to!

https://dailyhodl.com/2018/06/08/huge-bitcoin-whale-with-94947-btc-transfers-crypto-onto-an-exchange-rattling-nerves/

Many are concerned about this happening, but hopefully the whale does not sell all those bitcoins, hopefully he just wants to exchange the bitcoin on altcoin so we have to find out what altcoin he will exchange with that much bitcoin so we can take advantage in and continue to hope that there will not be a big impact on bitcoin price movements.
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
If this Asian Whale liquidates the market will crash big time.
Motive for whale to sell : Buy in cheaper or buy some ALTS
If the whale sold in this low volume I hate to think what the price of BTC would go to!

https://dailyhodl.com/2018/06/08/huge-bitcoin-whale-with-94947-btc-transfers-crypto-onto-an-exchange-rattling-nerves/

let them sell, no issues at all. This is just a very short term movement, absolutely no effect on long term price whatsoever. We should be completely ignoring exactly this kind of useless news.
jr. member
Activity: 224
Merit: 8
And unfortunately all of this are just speculations and none of this are true because if it really did then we had to observe later on the falling down of bitcoin market price. Well i agree with other members here that hoping to sell all those btc so as to get a little bit roll back with btc market price and will definitely get some coins on it. If the news is really true but then in my opinion this is all hoax.
full member
Activity: 742
Merit: 144
I hope he does sell and push the price down. I need to acquire a few more coins for my savings.

A good reaction on this kind of situation. No matter what happen to the price of bitcoin I will still hold on this and buy more coins, I have nothing to lose here and I have my faith with bitcoin. I hope to see bitcoin either on top or to survive on this trial, may the force be with us.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Another round of rumors and a lot of users taking the bait.

So, for the sake of the conversation,

1)  let's agree this is a whale, and it's not a stash from huobi itself.
2)  this whale, has bought coins during the period when the price was at 7000-9 000, especially from huobi as the coin tracks are clear
3)  as usual whales have this tendency of buying high and selling low, this is how people with a lot of coins make money, buy buying high and selling low, /sarcasm off

ya.. I will reduce the price few hundred dollars.  Looking at current volume of BTC in 24 hours, it is over 4 billion dollars that is 533k BTC.  95k BTC will worth around 720 million dollars.  So, I think if they sell it gradually and not at all once, market will digest it but again guys it will give us the opportunity to buy in little discount rate.


If you drop right now 1200 BTC on huobi the price will go below 7000.
Stop comparing the quantity sold with the volume, you can create 1 trillion in volume by swapping the same 1 BTC a trillion times.



Yes, it is like living next to a volcano!
The Whales run the show!

Nice to get huge dumps without them the opportunities would be far smaller for the little guys around here

Go ahead whales dump it back to 5k and below

the btc train won't stop its the only real show in town

the alts that are not vulnerable as illegal securities (actually and those that are) have not solved any of the so called flaws of btc they have just reduced the decentralised trustless nature

there are a handful of specialised purpose alts who are flying under the radar that could have long term returns better than holding btc

other than that stop fretting guys these huge dumps if and when they come are opportunities

nobody wants or needs centralised gov or corp projects - we need a global decentrallised trustlest currency or unit of wealth that is easily exchangeable transportable etc etc  btc or btc with LN goes along way to give us exactly what we need.
jr. member
Activity: 336
Merit: 3
Another round of rumors and a lot of users taking the bait.

So, for the sake of the conversation,

1)  let's agree this is a whale, and it's not a stash from huobi itself.
2)  this whale, has bought coins during the period when the price was at 7000-9 000, especially from huobi as the coin tracks are clear
3)  as usual whales have this tendency of buying high and selling low, this is how people with a lot of coins make money, buy buying high and selling low, /sarcasm off

ya.. I will reduce the price few hundred dollars.  Looking at current volume of BTC in 24 hours, it is over 4 billion dollars that is 533k BTC.  95k BTC will worth around 720 million dollars.  So, I think if they sell it gradually and not at all once, market will digest it but again guys it will give us the opportunity to buy in little discount rate.


If you drop right now 1200 BTC on huobi the price will go below 7000.
Stop comparing the quantity sold with the volume, you can create 1 trillion in volume by swapping the same 1 BTC a trillion times.



Yes, it is like living next to a volcano!
The Whales run the show!
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Another round of rumors and a lot of users taking the bait.

So, for the sake of the conversation,

1)  let's agree this is a whale, and it's not a stash from huobi itself.
2)  this whale, has bought coins during the period when the price was at 7000-9 000, especially from huobi as the coin tracks are clear
3)  as usual whales have this tendency of buying high and selling low, this is how people with a lot of coins make money, buy buying high and selling low, /sarcasm off

ya.. I will reduce the price few hundred dollars.  Looking at current volume of BTC in 24 hours, it is over 4 billion dollars that is 533k BTC.  95k BTC will worth around 720 million dollars.  So, I think if they sell it gradually and not at all once, market will digest it but again guys it will give us the opportunity to buy in little discount rate.


If you drop right now 1200 BTC on huobi the price will go below 7000.
Stop comparing the quantity sold with the volume, you can create 1 trillion in volume by swapping the same 1 BTC a trillion times.

legendary
Activity: 2268
Merit: 18697
https://bitinfocharts.com/bitcoin/address/1KAt6STtisWMMVo5XGdos9P7DBNNsFfjx7

Look at the graph of this address. Whoever it is has just slowly been accumulating over the last few months.

To everyone who panic solid during the dip - this is who you are selling your coins to at a discount. Whales like these that gobble up the cheap prices and then make profits, while you are lefting wondering if you should buy back in at a higher price than you sold.
sr. member
Activity: 356
Merit: 335
If you don’t believe, why are you here?
This is kind misleading as the dude has only transferred 8,000 BTC onto the exchange, not the full 95,000?

8% of his stash? .1% of a 512k BTC 24H volume.

Maybe he’s diversifying?


jr. member
Activity: 336
Merit: 3
ya.. I will reduce the price few hundred dollars.  Looking at current volume of BTC in 24 hours, it is over 4 billion dollars that is 533k BTC.  95k BTC will worth around 720 million dollars.  So, I think if they sell it gradually and not at all once, market will digest it but again guys it will give us the opportunity to buy in little discount rate.

If they sell and push the market to 7K it will be a bloodbath!
newbie
Activity: 161
Merit: 0
ya.. I will reduce the price few hundred dollars.  Looking at current volume of BTC in 24 hours, it is over 4 billion dollars that is 533k BTC.  95k BTC will worth around 720 million dollars.  So, I think if they sell it gradually and not at all once, market will digest it but again guys it will give us the opportunity to buy in little discount rate.
sr. member
Activity: 434
Merit: 250
If he could plan to sell market would go lesser by now yesterday only he moved there is a probability of pumping other coins also may be he is investing in some other good potential coins . Instead of mf selling huge bitcoin he can control market by buying some other altcoin . May be he is doing that now.
newbie
Activity: 98
Merit: 0
it only represents about 0.5% of the overall current supply, but yes selling those all at once will have negative impact on the price and create FUD in others mind.
Let's see how it pans out. If it breaks 6k range than it will go to 4-5k range for sure. And than I'll be all in on BTC.
sr. member
Activity: 677
Merit: 250
I am always optimistic if the price is in good position and best, even though sales prediction reached 95000 btc I think this is just an issue and will not make bitcoin price down in the near future.
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