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Topic: Big Dumper Mt.Gox Trustee !! - page 2. (Read 557 times)

full member
Activity: 700
Merit: 136
March 10, 2018, 04:11:32 PM
#27
This dumping may be mostly over and the prices can finally rise after this. It is just amazing how Mt. Gox saga is still affecting bitcoin for last many years one way or the other.
member
Activity: 172
Merit: 11
March 10, 2018, 03:43:10 PM
#26
It is interesting that he chose to market sell them, which would indicate that the end result was that he sold the bitcoins into many hands. Alternatively he could have sold them to some centralized whale holder.

This is a very healthy thing for the guy to do imo. Nobody likes prices going down but the satisfaction of knowing some billionaire manipulative warmongering fucktwat didn't get it all behind a closed curtain is somehow just so reassuring to me.

We're all gonna make it Cheesy

I would speculate actually that whales bought up more of it and probably in turn have accumulated even more bitcoin. When the price dumps it's not the little guys who buy up the cheap coins, it's the big whales. By causing the fear in the market he will have caused so many people to dump and the whales buy all of those coins up as well.

It's speculative to assume that the people who had buy orders in wait that were dumped on have now sold. Sure mm's are moving in to buy now just as much as weak hands would sell around now, or at least think about it. No shame in sitting on a loss. For one I haven't sold since months and bought just a few weeks ago.

Weak hands get shook out, law of nature, but I'm certainly not the only one looking forward to a ride down while more people pile in.

You seem to be agreeing with my point, the weak hands continue to feed the strong hands and making them in to bigger and bigger whales. Every time there's a major crash like this it's just a distribution of funds away from those weak hands.
full member
Activity: 2086
Merit: 193
March 10, 2018, 03:41:15 PM
#25
So that's why bitcoin fall so long this guy just sell bitcoin on market and dump and dump again. Maybe we need to do something about it?

Yeah, you should buy everything he is selling  Wink

This is the best thing that we can do right now, to buy more bitcoin at a lower price so we can have good chance of profit in the future. I know the price will pump again in due time its a matter of time so don’t panic because the market have a great potential to do so.
full member
Activity: 336
Merit: 111
March 10, 2018, 03:33:59 PM
#24
Accident in mt gox was 4 years ago and during that time they are very smart to hold it. I guess they will not do a dump anytime soon and they will wait until the highest price is reached. If they intend to get rid of it now, I think the market will get seriously jammed and I'm sure there's another purpose from that.

the next meeting is in September 2018 so before this time The Trustee won't sell btc anymore. After now we can see bull for btc and all alts. There is an Auction in USA. they got 2k btc from drug dealers and they will not sell direct to market but make an Auction so this might help price go up. the all info is here ;
https://news.bitcoin.com/75-of-20m-bitcoin-auction-from-drug-busts/?utm_source=75%25%20of%20%2420M%20Bitcoin&utm_medium=telegram&utm_campaign=Telegram%20Channel

BTC will start bull run cuz even if you check RSI you will see its dip , its oversold. There are many news about BTC , transfers are cheaper and faster. We can reach again 14k and than 25k.
full member
Activity: 476
Merit: 105
March 10, 2018, 12:52:39 PM
#23
Dump all your coins, he is not satisfied with the bitcoin alone, he's also dumping some fork coins like bitcoin cash, the trustee is waiting for the market to become bullish that would include all the fork coins, then sell them all again, MT.Gox incident happens almost 4 years and now these tons of selling from the Mt.gox again?

They are the one who is dumping bitcoin, that's why its falling from months now!
wait for the good opportunity to buy bitcoins and other altcoins on the lowest price for the cheap sale, most of the crypto believers will make the same move then ride the bitcoin rocket, profit from the negative price.
member
Activity: 742
Merit: 10
March 10, 2018, 10:30:19 AM
#22
They are the one who is dumping bitcoin, that's why its falling from months now!
legendary
Activity: 1232
Merit: 1255
March 10, 2018, 05:24:25 AM
#21
So that's why bitcoin fall so long this guy just sell bitcoin on market and dump and dump again. Maybe we need to do something about it?

Yeah, you should buy everything he is selling  Wink
member
Activity: 311
Merit: 10
March 10, 2018, 05:17:57 AM
#20
So that's why bitcoin fall so long this guy just sell bitcoin on market and dump and dump again. Maybe we need to do something about it?
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
March 10, 2018, 03:47:21 AM
#19
I hope they will not dump the remaining btc anytime soon, they should lock them up for few years only then we can expect bullish btc again otherwise if they put these huge number of btc for sale market can slip down even badly.
full member
Activity: 518
Merit: 100
March 10, 2018, 02:13:51 AM
#18
Accident in mt gox was 4 years ago and during that time they are very smart to hold it. I guess they will not do a dump anytime soon and they will wait until the highest price is reached. If they intend to get rid of it now, I think the market will get seriously jammed and I'm sure there's another purpose from that.
full member
Activity: 2324
Merit: 175
March 09, 2018, 08:05:35 PM
#17
Lmao i guess he is dumping every day at 17:30 from now on Cheesy check out the drops at that time each day.

Yeah I think so there should be transparency on all this and a rule if they are going to sell their Bitcoin dumping like this is not good for the price, but hey this is a good opportunity for whales to get more bitcoin at a good price.
hero member
Activity: 644
Merit: 501
March 09, 2018, 08:02:36 PM
#16
If they decide to compensate the investors for the rest of the coins, which they should instead of just walking away pocketing a good sum of change, then expect a fall in bitcoin and all bitcoin forks.

And i'm talking about bitcoin gold, bitcoin diamond, bitcoin cash, all of them.

It'll take a while but when the news come out, I would expect some panicked investors making irrational decisions and selling with the dump instead of buying the cheap coins they are dumping(if they decide to sell the rest as well).
sr. member
Activity: 546
Merit: 251
March 09, 2018, 07:51:34 PM
#15
So far as the market had to get used to it. I hope the criminals are detected as soon as possible.
newbie
Activity: 67
Merit: 0
March 09, 2018, 07:46:56 PM
#14
I think we have allot more huge funds liquidating to absorb yet. The same mt gox trustee has another billion dollars alone. The dump may be over for now, but another will come for sure, hopefully at a time when bitcoin won't be affected
newbie
Activity: 4
Merit: 0
March 09, 2018, 07:21:01 PM
#13
Where do they find the right to sell?
member
Activity: 121
Merit: 10
March 09, 2018, 07:14:18 PM
#12
This is one of the main drivers of the recent market conditions without a doubt. While its controlled the volume is substantial enough to cause avalanches.

I doubt they will stop now so well probably be absorbing this for a good part of the year.

With alt forks included we are looking at somewhere between another 2-2.5 billion USD liquidated before the market can attempt to normalize again.  

MT Gox the gift that keeps on taking.

Put Karpeles in jail, give the people back their money.
member
Activity: 112
Merit: 23
"Get Paid to Play your Media on Current"
March 09, 2018, 07:10:31 PM
#11
I'm okay with this, as long as the money goes to helping those who lost their money. It's good to see a potential happy ending come from this.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
March 09, 2018, 01:11:10 PM
#10
It is interesting that he chose to market sell them, which would indicate that the end result was that he sold the bitcoins into many hands. Alternatively he could have sold them to some centralized whale holder.

This is a very healthy thing for the guy to do imo. Nobody likes prices going down but the satisfaction of knowing some billionaire manipulative warmongering fucktwat didn't get it all behind a closed curtain is somehow just so reassuring to me.

We're all gonna make it Cheesy

I thought the same too! You could probably even get a bank or a big exchange to agree to OTC trades wholesale, rather than just eating up the orderbooks. Or was this part of his plan to press the price down so he could get some for himself? It could be just the conditions of the court ruling too, though, so that everything was transparent.

So yes, like you said. For the better good of us all.
full member
Activity: 238
Merit: 101
Decentralize The $15-Trillion Global Trade Industr
March 09, 2018, 12:53:15 PM
#9
I don't think the seller will be that daft to crash the market because he or she wants to see at good price, I think he is selling it as the price rally, he must be aiming for an average price of something like $10k. I think with the look of think it might take around a month before the market absorb all these extra BTC
Well if some people got a good price of 6k Bitcoin and it got re-distributed to many hands, those are both good things. It will make hodling easier for those who got in at a good price as well I like to see adoption for BTC so we can spend it. Last thing I want is the rich to get richer here, I am in it for the betterment of humanity.
hero member
Activity: 868
Merit: 500
March 09, 2018, 12:42:41 PM
#8
I don't think the seller will be that daft to crash the market because he or she wants to see at good price, I think he is selling it as the price rally, he must be aiming for an average price of something like $10k. I think with the look of think it might take around a month before the market absorb all these extra BTC
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