Topic: Do you believe that this man crashed Bitcoin this 2018? - page 3. (Read 709 times)
We have too many proofs for discussing the reality of this transaction
Honestly, it is unfortunate what happens in this period of frequent crises in the price of bitcoin and maybe this man (who sold a big proportion of bitcoin) crashed the price, but this is not the main reason for this big fall. and in my opinion, the capitalist (who have the largest proportion of this currency in the market cap) control the value of the price.
Furthermore, in this period, they sold a huge amount of their money and their main goal for that is a devaluation of Bitcoin price and other currencies ( because when there is a drop in Bitcoin , all other currencies will go down ) ,so they will buy again when there is a significant drop , to ensure a big profit in the future.
So this volatility of the price is a manipulation from the capitalists.
Furthermore, in this period, they sold a huge amount of their money and their main goal for that is a devaluation of Bitcoin price and other currencies ( because when there is a drop in Bitcoin , all other currencies will go down ) ,so they will buy again when there is a significant drop , to ensure a big profit in the future.
So this volatility of the price is a manipulation from the capitalists.
i heard Mt gox trustee sold 30 thousand bitcoin so the market is crashed but this news is circulating in the market is it a person sold or a trustee sold right information is confused
Its the Mt. Gox trustee who have been doing this after all. He has been dumping the coins since December up to now that's why suddenly bitcoin is having a hard time to take off and when we are about to make a rally, this guy offloads then shit happens to the market.
I guess we are still can't get away with the ghost of Mt. Gox because up to know if keeps crashing the market and we don't know that intention of the trustee. Is he that dumb that everytime he solds has a drastic effect on the price or he is influence by someone so that they can take advantage and buy bitcoin at a cheap price?
Yes this is the fool who has been selling the MT GOX Bitcoins on exchanges instead of OTC. How can someone so uneducated about the markets be given the keys to such a large amount of Bitcoins is beyond my comprehension.
Usually ignorance is a sufficient explanation but, if these sales were all indeed done directly through market orders on exchanges (and not Off-The-Counter), it's hard not to believe some select people got a lot richer with their shorts.
And it looks even worse when you consider that, regardless of whether this was the main cause of the crash (it was certainly not the only reason but), the trustee surely must have had the obligation not to decrease the value of the remaining assets (the BTC he still holds) - but the way he went about getting rid of the coins, with a few large market orders, clearly put the value of those assets at risk.
Yes this is the fool who has been selling the MT GOX Bitcoins on exchanges instead of OTC. How can someone so uneducated about the markets be given the keys to such a large amount of Bitcoins is beyond my comprehension.
i heard Mt gox trustee sold 30 thousand bitcoin so the market is crashed but this news is circulating in the market is it a person sold or a trustee sold right information is confused
Its the Mt. Gox trustee who have been doing this after all. He has been dumping the coins since December up to now that's why suddenly bitcoin is having a hard time to take off and when we are about to make a rally, this guy offloads then shit happens to the market.
I guess we are still can't get away with the ghost of Mt. Gox because up to know if keeps crashing the market and we don't know that intention of the trustee. Is he that dumb that everytime he solds has a drastic effect on the price or he is influence by someone so that they can take advantage and buy bitcoin at a cheap price?
i heard Mt gox trustee sold 30 thousand bitcoin so the market is crashed but this news is circulating in the market is it a person sold or a trustee sold right information is confused
that kind of thing is common with a goal just to give the issue just so that the people who panicked and sold the assets they have. the way of addressing this is quite calm and do not panic too.
Do you believe that this man crashed Bitcoin this 2018? This man https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash This might be the reason why the market has been swinging lately and can't recover.
P.S
Not spreading FUD. Just want to know what's your opinion on this.
HODL! HODL! HODL! HODL!
P.S
Not spreading FUD. Just want to know what's your opinion on this.
HODL! HODL! HODL! HODL!
There are a lot of factors why Bitcoin crashed, It was even speculated last December 2017 after reaching the new ATH, that btc is bound to crash this year.
He is just one of the many reasons of the crash, he is not the MAIN reason. Plus there are a lot of people who spread FUD in the community causing the other investors to sell immediately. I rather believe in the whales manipulating the prices in crypto market.
I do not think he is the reason why Bitcoin crashed in the late quarter of 2017 and early 2018. Many many factors contribute to that crash and many even agree that it was really not a crash but bitcoin is just correcting itself after the FOMO of 2017.
Thanks for the good and detailed replies . Me I was thinking that many people panic sells because of this guy and the FUD spreading on Reddit. It's like a domino effect when there is a bad news like these people start to panic sell and cause the market to crash.
. Me I was thinking that many people panic sells because of this guy and the FUD spreading on Reddit. It's like a domino effect when there is a bad news like these people start to panic sell and cause the market to crash. 
Partly, but not wholly.
There have been a few different factors which have been affecting bitcoin's performance.
False reports about South Korea banning crypto had a factor,
Here is the result of "South Korea" search in the press board, just look at the headlines from January - https://bitcointalk.org/index.php?action=search2
The Central Bank in Poland paying social media infleuencers to spread FUD had a factor and we dont know the extent of these actions,
were there more banks doing the same tactic?
https://www.cnbc.com/2018/02/22/poland-central-bank-paid-youtube-star-for-video-about-cryptocurrency-crash.html
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos
Looks like there is a cartel that really wants to see bitcoin die but this will require a lot of resources to achieve as bitcoin and other cryptocurrencies are supported by many people from all over the world, hope they don't run bankrupt in the process and as for our whale friend I think what he or she did did have an effect only because other factors mentioned above occurred almost at the same time There have been a few different factors which have been affecting bitcoin's performance.
False reports about South Korea banning crypto had a factor,
Here is the result of "South Korea" search in the press board, just look at the headlines from January - https://bitcointalk.org/index.php?action=search2
The Central Bank in Poland paying social media infleuencers to spread FUD had a factor and we dont know the extent of these actions,
were there more banks doing the same tactic?
https://www.cnbc.com/2018/02/22/poland-central-bank-paid-youtube-star-for-video-about-cryptocurrency-crash.html
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos
Do you believe that this man crashed Bitcoin this 2018? This man https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash This might be the reason why the market has been swinging lately and can't recover.
P.S
Not spreading FUD. Just want to know what's your opinion on this.
HODL! HODL! HODL! HODL!
What many people did not understand is that bitcoin is decentralized cryptocurrency and as such it is not good for it to be controlled by one individual and as this man sold 400m bitcoin new many investors are going to come into the market and from there that is the process of decentralized system. If one human beings hold $400mbitcion he is a treat to bitcoin and since this happens we have no any other options than to buy. P.S
Not spreading FUD. Just want to know what's your opinion on this.
HODL! HODL! HODL! HODL!
Partly, but not wholly.
There have been a few different factors which have been affecting bitcoin's performance.
False reports about South Korea banning crypto had a factor,
Here is the result of "South Korea" search in the press board, just look at the headlines from January - https://bitcointalk.org/index.php?action=search2
The Central Bank in Poland paying social media infleuencers to spread FUD had a factor and we dont know the extent of these actions,
were there more banks doing the same tactic?
https://www.cnbc.com/2018/02/22/poland-central-bank-paid-youtube-star-for-video-about-cryptocurrency-crash.html
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos
There have been a few different factors which have been affecting bitcoin's performance.
False reports about South Korea banning crypto had a factor,
Here is the result of "South Korea" search in the press board, just look at the headlines from January - https://bitcointalk.org/index.php?action=search2
The Central Bank in Poland paying social media infleuencers to spread FUD had a factor and we dont know the extent of these actions,
were there more banks doing the same tactic?
https://www.cnbc.com/2018/02/22/poland-central-bank-paid-youtube-star-for-video-about-cryptocurrency-crash.html
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos
Yes, this has been one of the biggest factor, i think this is the person responsible for mtgox refunds so he is selling btc to refund investors, i think there is no need to panic, as soon as his orders get clear btc willbounce back up, just be patient and hold.
How did this dude get this job ? He should have sold at 20K.
I think the stock market is a psychological game. The coin must be sold at catch time. And everybody should buy it when they sell it. Reverse psychology. The crypto market is very risky. Because volatility is high. That's why we're so wrong. But I just want to say that. Bitcoin does not sell.
No, I don't believe it but also that does not matter for me. He crashed it or anyone else, rules don't change, buy the dip and hodl and bitcoin is the best coin you can hodl so why do you wait
I think people are over playing this trade, the market is very liquid now to absorb this kind of sell off, remember he too wants to sell at good price, he sold them in days not that he just place the a sell order and crash the market, there are people that sell this huge amount of BTC, I don't believe he crashed the market, it is even funny that the market is now reacting to it after he sold the BTC
It wasn't just him. I'm sure him and all his whale friends together could lower the price quite a bit though. One guy dumping 400 million worth of Bitcoins isn't going to affect it all that much. We would see the price dip down immediately, but it wouldn't be constant like it has been.
This is probably one of the many FUD factors that has affected bitcoin price. Does not explain why all the coins
are down so much. Whatever the reasons, the crypto market has corrected enough already and is getting ready for next
big rise soon.
are down so much. Whatever the reasons, the crypto market has corrected enough already and is getting ready for next
big rise soon.
In fact for investors and traders these waves are quite acceptable. The more passive players come out of the market, the lower the cost, in this position they can already buy in full.
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