It's scary that one entity can do all this. Makes me fear what banks might do, since they can definitely profit from shenanigans.
The cryptocurrency market is dominated by wealthy speculators. The bad news and the deliberate push down prices of many investors can make the market fluctuate in the next time so I advise investors to calm down during this time, do not panic to sell Take your crypto and then buy it at a higher price. 
Topic: Bitcoin down ( Mt. Gox is dumping ) - page 5. (Read 1197 times)
After some deep analysis I found out all Mt.Gox addresses where are remain BTCs founded in so call "lost wallet".Also I was able to identificate all selling transactions made by now and exchange where it happened.
Here is list of Gox wallets where remaining BTCs were stored:
https://www.walletexplorer.com/wallet/024cbb2c975d35b6 - 34215 BTC
https://www.walletexplorer.com/wallet/034d79b931e0414d - 32590 BTC
https://www.walletexplorer.com/wallet/039831609a0f0744 - 34423 BTC
https://www.walletexplorer.com/wallet/07b35b3d9f1166c2 - 34138 BTC
https://www.walletexplorer.com/wallet/069bf1296e5fd4a1 - 34500 BTC
https://www.walletexplorer.com/wallet/04cddc81214a1cf7 - 32240 BTC
--------------------------------------------------------------------------------------
Total: 202106 BTC remained
After some time BTCs were moved on numerous addresses,where each one contains 2000 BTCs. Here is a list of these addresses where these BTCs are stored now:
19c8sUa54yQuRTVDfJa3iDkkCaFkzBJLPB - 2000 BTC
1HdKXsNQtzDcfB6PGM7DWTgX9vhBWsz1ak - 2000 BTC
1MvpYtqgBH7CXbTutrSVCTNHPzm9vakuRy - 2000 BTC
18M1Z337NqLtK9V69bssnQUYsvb7hmfSFS - 2000 BTC
1NA3Tj4b1jtx9eGELe31Jw4DrzTqKP3ayH - 2000 BTC
1BXyJc6BVuTFnHQCcjiWX2xmCPNVfaSZeb - 2000 BTC
1BzK87zuqidZn489Wb2oLSktrjKrX7TLKe - 2000 BTC
14p4w3TRCd6NMRSnzTmgdvQhNnbrAmzXmy - 2000 BTC
1KFDUSZuapMv7YaDmL6cyrHTQhma1MtFYs - 2000 BTC
1DedUxzgwErg4ipNi988wPgLk5thwciKcc - 2000 BTC
1Pq7hooZbEAz5y3QMnqFY8C5xqTdrjUwcA - 2000 BTC
1FhRuUkk8Bfx8FJDemtxhKAR4F8GCNKrXG - 2000 BTC
1Drshi4RAuvxk4T6Bkq959ZvLbvy7b1wvD - 2000 BTC
13xGCc4TPSYY9GYxBGVNox82KxyjkFnxMX - 2000 BTC
1Hb8DmmvvtTYv5RBLuGtDxznkZwVpd5Vjy - 2000 BTC
13ahgw8sM95EDbugT3tdb8TYoMU46Uw7PX - 2239.87 BTC
1EiiKCCnFgHjEvPZdu29qqgdBm8zTvpU3U - 2214.87 BTC
1LXi3x7hyt17cxncscGE887WCrC6XDNZ4P - 2000 BTC
155FsTtEFq4eGCcBxDseuwLKPbmtWbyHJR - 2000 BTC
1AZu7TQmKBAes2duNDctYwjAB9nhHczUnA - 2000 BTC
1Fu4YgM3Y9CxvioGPqkSzkydAC8MVaPN1D - 2000 BTC
1439q4Na8v88kPBqoyg8F4ueL9SYr8ANWj - 2000 BTC
18KDS3q6a4YV9Nn8jcyMvNoVPfcrfemeag - 2000 BTC
1Hm6XDmhKCHz68wDEYTapN9MEanke8iwUk - 2000 BTC
1EK8vW7UYaYHKiW4TZmYJKtwcZLM14VjvP - 2000 BTC
1B6kJM75iu5ty1HAHMMz6tT1HhjoGNTCa9 - 2000 BTC
1CRjKZJu8LvTutnSKq4zTJ4yiqrzMAArYW - 2000 BTC
16W4XcUAKPmSES9MiUCio28msSCp8rDZgs - 2000 BTC
17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7 - 2589.87 BTC
18ok25NTkdrUzdByFJCNVsqVYkujZ8aP45 - 2000 BTC
1JVU43LNKXqa9W5fCh8tppxDDEWgfeNg46 - 2000 BTC
1JVU43LNKXqa9W5fCh8tppxDDEWgfeNg46 - 2000 BTC
18hcZVFPqDNAovJmb9vA6hEJrDz6uWXNGh - 2000 BTC
1HweN9p41BY2RBunsPqyVuheEq7gVoxA9u - 2000 BTC
16w6sZBDP58yyeyZAcvnxcEGJpwR9amM6g - 2000 BTC
19Cr4zXpKw43xLJhFZW9iv4DDNtQk2TDeB - 2000 BTC
1C5aU4Xnpd3txbxehk46UZgiuNB8QdpHCH - 2000 BTC
15kNZcrhxeFZgVVLK2Yjzd69tRidbFdJEZ - 2000 BTC
1Ar6meJQCkNoC9wnPcyRNNpzX5fBDaGcKd - 2000 BTC
17etv2L3nhk6SCcWSNW4eoZkBy84izAm17 - 2000 BTC
15QcKCa84ZCHxbsqXDoKhi5XbmQB8jPEAd - 2000 BTC
1MkyfwJf7uhWTmVGGQXfcT5ip31DoHMxsz - 2000 BTC
1JVmoJT3471FjsX5H4hAeR1RyrDgpkHbpm - 2000 BTC
1LS5EFRRMDgMQusW6zokQUHjzNUfy6HHCQ - 2000 BTC
199Yxz2TJGtND3QKsHTptTJivqSaUZBvku - 2000 BTC
1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD - 2422.87 BTC
17Tf4bVQaCzwWrDWGRPC97RLCHnU4LY8Qr - 2000 BTC
13sXfpp2V16nnxYvW9FHHoBdMa3k98uJw8 - 2000 BTC
1JztCg7eKSkb1vi7NzGJynXpLZmoaFtYud - 2000 BTC
13dXFMyG22EsUsvaWhCqUo7SXuX7rBPog6 - 2000 BTC
13Wv5hGhubAWgSPWtXYh6s1s7HX2N1psYg - 2000 BTC
14mP6caC5dFhHdVAPCjPKM8Nm36MBDR5pM - 2000 BTC
18YDgRhxsomuBZ1g9d8Y1JuRmxDhF8Bvff - 2000 BTC
1GyDutntMuYyA2vQGW5HFcKLfx4cbDdbJq - 2000 BTC
1N5X4kcZ56uRh24XrZoztS9Vb8G7j1Joop - 2000 BTC
1JtgU6Uo1RAt5eiMf34EehyatUezBQP36C - 2000 BTC
16jZZkMYqjUWUtQ9DfDvHdH5ko5BcnH9XQ - 2000 BTC
1HuPVqz2xvf1rdNFUqd62vRTyxP3jeX9Ch - 2000 BTC
12KkeeRkiNS13GMbg7zos9KRn9ggvZtZgx - 2000 BTC
1H4K3dGfNbAN4AUfyUrpkGpjrd83sntDpV - 2000 BTC
1HzEPuenagLEWj68igDXBBXrzc293RuR5V - 2000 BTC
12T4oSNd4t9ty9fodgNd47TWhK35pAxDYN - 2000 BTC
195HvmjXgoF3M5vFaBC8swZPhwrE7VhxRD - 2137.87 BTC
1Mm9brripN4RPTzkGnRrbt5uDWdqbfk2iX - 2000 BTC
1LzwbLgdKd4eFLkpRdeajkH1YJkVCip2zj - 2000 BTC
1MPJJzRaT8vLhowNB4dVyWRxxu79dq7WkB - 2000 BTC
19eihBKk6e5YD2QXAe4SVUsxRLLnTDKsfv - 2000 BTC
1CZsoJfkknbnW5fKrt1oR7N1ALE5WmDGP1 - 2000 BTC
1GkZQcDy8V6pmHFZqUBUBCnN9dc2hoWasD - 2000 BTC
14USZ558Rr28AZwdJQyciSQkN4JT1cEoj2 - 2000 BTC
15SeCwVCFx5cWyrcdD1Zp1D1zxjH2SELPg - 2000 BTC
15U4VsmWG1cdXAtizvQsW4r7iMxzp64Tgu - 2000 BTC
1BDZBTb4KE5oq6wAgA6EvAe3uCFRrAbPao - 2000 BTC
1LueUjEuBgc7cQhsWT8zAfTjcWmrNBZXaR - 2000 BTC
1FrV9hv1AW34BGJvobJatyzUWYDWB9epRW - 2000 BTC
156HpsWfgkWYLT63uhTAGUSUF3ZMnB9WWj - 2000 BTC
1HX4s3JeFU3x1eQgPNQVAdx6FoCtbb1hr8 - 2000 BTC
19KiFrafXEyJCUDYFEv3B6tBUwyfFo7kNU - 2000 BTC
1PRXQEoL8vzEzoJJ9hbtAP6NaV2daccAUn - 2000 BTC
1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu - 2499.87 BTC
Here is a list of wallets and addresses where were BTCs which are sold from December 2017 till now:
1PwETHgRoVLdoL3TsMPuMGNVjKZCSie3kH - 2000 BTC - spent
https://www.walletexplorer.com/wallet/28c42a1e0b94a5cf - 8000 BTC - spent
https://www.walletexplorer.com/wallet/18571bf81dce70a0 - 18000 BTC - spent
https://www.walletexplorer.com/wallet/290a8d043b51908e - 6000 BTC - spent
https://www.walletexplorer.com/wallet/3cf7835edb1e1a76 - 6000 BTC - spent
In total 40000 BTC were sent to exchange,but not all of them were sold.
All BTCs were sent to Bitflyer exchange.Due to way of transactions handling,there is no doubt,they had technical assistance from Bitflyer.
All BTCs were sent on these addresses: 1MaUVgXCgdXLkmXwQ4WDek5yaK86zYXw2q (16000 BTC), 17wwq5PYiimNxCTfSydWu55aXjpDsXF21W (1956 BTC) and 1A4WkrgES6tfWCkx4rLbpKrweGeQkRXMy6 (22044 BTC)
List of dates when selling occured and amounts involved in that:
18.12.2017 - 2000 BTC - Bitflyer
22.12.2017 - 6000 BTC - Bitflyer
17.01.2018 - 8000 BTC - Bitflyer
02.02.2018 - 6000 BTC - Bitflyer
07.02.2018 - 8000 BTC - Bitflyer
09.02.2018 - 10000 BTC - Bitflyer
Total sum: 40000 BTCs
It's scary that one entity can do all this. Makes me fear what banks might do, since they can definitely profit from shenanigans.
Well, if banks want to do this, they would need to first own 200,000 BTC... so that would pump the price too. They could create fear in the market by pumping and dumping recklessly, but that would be short lived. Long term, the fundamental remains: 21 million coins. It doesn't matter how much you shake the box to create chaos, ultimately the order remains, they can't change the rules. This is why Bitcoin is the best long term investment, because they cannot change the rules. The can change anything else, except how Bitcoin works.
It's scary that one entity can do all this. Makes me fear what banks might do, since they can definitely profit from shenanigans.
Bitcoin price will likely Surge as Mt.Gox Sell Off Paused Until september according to this article - https://www.newsbtc.com/2018/03/11/bitcoin-price-will-likely-surge-as-mt-gox-sell-off-paused-until-september/. This is a good chance to Hold until that time comes when he decide to sell his Bitcoin again.
Once again, if he hasn't been told that he should go OTC, his life is at risk. He is either stupid, insane, or accepts the risk. Big Bitcoin holders may get extremely pissed off at this amateur hour shitshow, and im sure someone is willing to "get things done" with this guy, if he intends to dump $1 billion in the open market. The situation could be solved easily by contacting a big buyer OTC, but if he keeps attacking Bitcoin, he may find fire back, and some day we may wake up with some news about how Mr Kobayashi had "an accident". I hope things don't have to reach that point, we all want things to end well, but this guy it's cooperating. I don't have much BTC and this is already annoying, imagine if you had a big fortune and a single guy was needlessly making your portfolio go into the trash. Not cool.
It feels like this guy is using Bitcoin as an ATM now: whenever it bounces up a bit, someone sells off enough to make it drop further.
such amounts can be traded off-market. For example, selling only access to the wallet.
Nobody in their right mind buys second hand private keys.
Can anyone share information about their wallets, so we can monitor if there are any moves.
However, such amounts can be traded off-market. For example, selling only access to the wallet.
However, such amounts can be traded off-market. For example, selling only access to the wallet.
We cannot expect anything .. maybe he was dumping Bitcoins to get some amount in pocket and he doesn't wanna dump all.
Or Maybe he is through with all this.. well either way we don't know anything and we cannot expect to know too since there is no interview that we could see stating his opinions.
Ups and downs will continue but it will never fail to surprise us
He is not through and he still has so much more to still dump but we all do not know if he will eventually do this over the counter, or he will still keep dumping. It is not about him wanting to dump all, as that was the main idea, apparently you have not read about the MtGox issue, so this is not a one man's money, he is just someone who is not smart and feels he can just start dumping all that is available which could have actually crashed the market. Or Maybe he is through with all this.. well either way we don't know anything and we cannot expect to know too since there is no interview that we could see stating his opinions.
Ups and downs will continue but it will never fail to surprise us
Bitcoin price will likely Surge as Mt.Gox Sell Off Paused Until september according to this article - https://www.newsbtc.com/2018/03/11/bitcoin-price-will-likely-surge-as-mt-gox-sell-off-paused-until-september/. This is a good chance to Hold until that time comes when he decide to sell his Bitcoin again.
Many of the billionaires are doing that kind of dumps for their own benefits. After the dumps, they are reinvesting in the Bitcoin and gaining the huge amount of the profit, This kind of market manipulation is obvious to the experienced sellers which are joining the dump when it starts. I would personally like a little less of market fluctuations because the Bitcoin is far from the steady currency. I only hope that the value of the Bitcoin will reach its potential in the future no matter of the billionaires that are crashing this future potential.
Let MtGox Trustee drops for all we care, if the value goes down lower, which would give us a chance to buy more. No one can say how low it is going to get, but I also believe that whichever way, what will be would be. So far, I really want to see how the market is going to be responding in few days’ time, but I feel we may end up going into a consolidation period for a while, which would not be a bad idea anyway but asking us what the price will be, I guess you are asking the wrong people.
Bitcoin price will likely Surge as Mt.Gox Sell Off Paused Until september according to this article - https://www.newsbtc.com/2018/03/11/bitcoin-price-will-likely-surge-as-mt-gox-sell-off-paused-until-september/. This is a good chance to Hold until that time comes when he decide to sell his Bitcoin again.
Holding until that time is still a speculation and he has not come out to say he would stop dumping on the market, which I believe is the reason why traders are still on the sideline trying to see how things turn out, so all we are doing now is assuming that since the next court proceeding is till September, he may want to hold off till then. Also, even if that happens, it won't still change anything much in the long run, unless he is forced to do his bullshit transactions over the counter rather than dumping on exchanges which is not helping and he must have been so dumb to think a huge sell off like that will not affect the market generally.
This Mt. Gox news isn't the only reason that the bitcoin price has been struggling to grow so it still remains to be seen if there will be a surge in the price (assuming he is done selling for now). I do not think that it is a case that he was dumb enough to think a huge sell off wouldn't influence the market, I feel as though he probably just did not care.
but the way he went about it, kind of made it worse and gave traders the perception of a crashing market. It is good for the bears though, at least chance to buy in more and even after that, with the market holding up shows strength.I would not be surprised if he care less, after all, nothing good ever came out from any MtGox act. If he is not a thief anyway, why wait for the top before he started dumping, when he had the chance to have spread sell orders during the bull market?
Mt. Gox dumping has adversely affected market now, as we all know when Bitcoin goes down it pulls all alt with it so in short the withdrawals has affected whole market. So, when can market regain its value again ? No one can answer this question for the while we have saw very bad time in the last couple of weeks and bloodbath is not stopping till now. All we can hope that investors and people will push its value towards new heights soon.
Bitcoin price will likely Surge as Mt.Gox Sell Off Paused Until september according to this article - https://www.newsbtc.com/2018/03/11/bitcoin-price-will-likely-surge-as-mt-gox-sell-off-paused-until-september/. This is a good chance to Hold until that time comes when he decide to sell his Bitcoin again.
Holding until that time is still a speculation and he has not come out to say he would stop dumping on the market, which I believe is the reason why traders are still on the sideline trying to see how things turn out, so all we are doing now is assuming that since the next court proceeding is till September, he may want to hold off till then. Also, even if that happens, it won't still change anything much in the long run, unless he is forced to do his bullshit transactions over the counter rather than dumping on exchanges which is not helping and he must have been so dumb to think a huge sell off like that will not affect the market generally.
This Mt. Gox news isn't the only reason that the bitcoin price has been struggling to grow so it still remains to be seen if there will be a surge in the price (assuming he is done selling for now). I do not think that it is a case that he was dumb enough to think a huge sell off wouldn't influence the market, I feel as though he probably just did not care.
i heard this news today when my friend told to me that bitcoin dumping by Mt.gox and i heard they will auction the rest of their bitcoin too in the near future and bottom line for bitcoin price probably will happen at $7k so I think I will wait a little longer if bitcoin really dropped at that price then it's time to buy back
The smart ones are investing when the billionaires are dumping. With so many crashes I don't know while are people still doubting the returning price of the Bitcoin to the value it had before the specific crash. Even if it is kept as a secret there is actually no secret in telling the world that the rich people are dumping the coins for their own benefit of investing again in the same coin.
This way they are manipulating the market because they have the power to do so. The dump is currently over and the ones who have reinvested at low prices can be proud right now. A current value of their coins is currently going through the growth process.
Bitcoin price will likely Surge as Mt.Gox Sell Off Paused Until september according to this article - https://www.newsbtc.com/2018/03/11/bitcoin-price-will-likely-surge-as-mt-gox-sell-off-paused-until-september/. This is a good chance to Hold until that time comes when he decide to sell his Bitcoin again.
Holding until that time is still a speculation and he has not come out to say he would stop dumping on the market, which I believe is the reason why traders are still on the sideline trying to see how things turn out, so all we are doing now is assuming that since the next court proceeding is till September, he may want to hold off till then. Also, even if that happens, it won't still change anything much in the long run, unless he is forced to do his bullshit transactions over the counter rather than dumping on exchanges which is not helping and he must have been so dumb to think a huge sell off like that will not affect the market generally.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
there are many speculations that we heard and we can see that the price is down too deep now and although we are not sure what will happen later, I think if he wants, he can sell his bitcoin and it will triggered the price go down deeper and this will makes many of us become panic. but I am sure we can use this moment to buy back the bitcoin with a low price and I am not sure that he will sell his bitcoin for just making the bitcoin price get a dump. I think many people still want to make a lot of money and I am sure that he wants this too and he will hold his bitcoin until the price increases again so he can make another money.
Yes, I do not doubt about it, bitcoin is experiencing consecutive disadvantages in the past. After the recent events from China, India .. Every thing gets worse when Mt Got sold large quantities of bitcoin stop production.
Bitcoin prices decline but not the first time it is in this situation. Compared to previous years, bitcoin prices were okay.This is a real challenge and also a chance, keep what you can to keep the bitcoin firm and back.
Bitcoin prices decline but not the first time it is in this situation. Compared to previous years, bitcoin prices were okay.This is a real challenge and also a chance, keep what you can to keep the bitcoin firm and back.
I already heard of this news recently and I think it is one of the main reason why there's a bearish trend happening on bitcoin market. So, I really think that it will surely take a lot of time before the market recovers. Whethet the news is true or not, we all just have to be patient since there is nothing we can actually do if bitcoin price will surely decrease.
We cannot expect anything .. maybe he was dumping Bitcoins to get some amount in pocket and he doesn't wanna dump all.
Or Maybe he is through with all this.. well either way we don't know anything and we cannot expect to know too since there is no interview that we could see stating his opinions.
Ups and downs will continue but it will never fail to surprise us
Or Maybe he is through with all this.. well either way we don't know anything and we cannot expect to know too since there is no interview that we could see stating his opinions.
Ups and downs will continue but it will never fail to surprise us
Never thought that Mt. Gox is behind of the big sell-off that makes the price of Bitcoin quite low, and it continuously dropping since last December. I just hope that this end now. We are making bad impressions for the new comers, is this normal that is happening in the market of cryptocurrency? It is very alarming. I hope this is the last drop. Getting afraid now what is happening. I just hope that it stop at 8K and rise again.
Jump to: