Topic: downtime soon ? - page 5. (Read 2975 times)
I think yes there will be a downtime because of the possible increase on the supply which can be added to the market and get dump because of the hype of panic selling right now but it will be just a short period effect because there will still a good chance for pumping the price in the long run because the demand is enough to cover all the possible increased supply.
Hat would probably have very minimal effect on btc price and even if does, it's unlikely it will go below 2k. A lot of people are now looking into btc investments and the more of these people invest he more the price would either stabilize or go up. So i don't think there's anything to really worry about
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties
if i remember correctly Silkroad admin alone had 300+ BTC..
now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties
if i remember correctly Silkroad admin alone had 300+ BTC..
now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?
Firstly, why do you think they are going to dump those coins?
Secondly, even if they will, with $41+ billion USD Market Cap, selling $2.5 billion USD worth of Bitcoin won't have a big impact on the price. It will certainly have some, but it will last not more than several days.
extra coins are not the reason for the price drop,evidently,because it takes way more coins to manipulate the price on all
major exchanges+have enough resources to control and execute
this could be the agencie's doing,technically,they do posess the neccessary infrastructure and money and resources
but I still think the reason for such a volatility is manipulation+signals from uncertainty surrounding forks
of course it is being manipulated,but to have 10-15% drops or rises without a single reason would be too suspicious
and I'm sure the analysts of whoever are doing this will try to make it look organic and natural and to coincide with the"news"
major exchanges+have enough resources to control and execute
this could be the agencie's doing,technically,they do posess the neccessary infrastructure and money and resources
but I still think the reason for such a volatility is manipulation+signals from uncertainty surrounding forks
of course it is being manipulated,but to have 10-15% drops or rises without a single reason would be too suspicious
and I'm sure the analysts of whoever are doing this will try to make it look organic and natural and to coincide with the"news"
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties
if i remember correctly Silkroad admin alone had 300+ BTC..
now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties
if i remember correctly Silkroad admin alone had 300+ BTC..
now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?
Unlikely that this will happen.
This is the address in question:https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX.
The auctioning off of coins happened long ago, it's not even news right now. I thought maybe i missed something because I wasn't that active recently, so not able to keep up with the recent news but revealed no major auctioning happening in the near future.
Plus, a few thousand coins wouldn't hurt at all. Trading volume is hundreds of millions of dollars per 24h.
No. If there is a dump now it's because of a pre SegWit uncertainty. Many people are also dumping to add to the wave and cause more panic, so that they can buy more and be ready for a pump in a month or two.
Auctions used to be a big thing, but history has shown that people who buy at auctions don't dump. There was never a huge sell off after the auction, always before it and i'm sure there won't be one now. These people are not trying to buy at auction to earn a few $ per coin, they are hoping for a pump and millions in profit. You always sell when it's rising, when the liquidity is high and the buyers can take it without noticing.
Auctions used to be a big thing, but history has shown that people who buy at auctions don't dump. There was never a huge sell off after the auction, always before it and i'm sure there won't be one now. These people are not trying to buy at auction to earn a few $ per coin, they are hoping for a pump and millions in profit. You always sell when it's rising, when the liquidity is high and the buyers can take it without noticing.
Agreed, market uncertainty before a fork is always the major issue that contributes to a price nosedive.
I do not think that this coins that is auctioned will have an effect to the current price of Bitcoin. Auctioned means it will not touch the exchanges thus does not affect the bitcoin trading directly during those times. Aside from that I believe when something is auctioned, the possibility of selling it above the current price is very possible, meaning the winner wont sell this set of coins at a lost.
Your opinions are indicating true downtime but the it's not narrow as we think. There is more of it that could cause us think we have more way to downtime.
Are you referring to those from the exchanges closed in China? If the amount of coins are large enough then yes, it might cause a price drop. No need to worry about that though, just think of it as an opportunity. You should be more nervous about August 1.
No. If there is a dump now it's because of a pre SegWit uncertainty. Many people are also dumping to add to the wave and cause more panic, so that they can buy more and be ready for a pump in a month or two.
Auctions used to be a big thing, but history has shown that people who buy at auctions don't dump. There was never a huge sell off after the auction, always before it and i'm sure there won't be one now. These people are not trying to buy at auction to earn a few $ per coin, they are hoping for a pump and millions in profit. You always sell when it's rising, when the liquidity is high and the buyers can take it without noticing.
Auctions used to be a big thing, but history has shown that people who buy at auctions don't dump. There was never a huge sell off after the auction, always before it and i'm sure there won't be one now. These people are not trying to buy at auction to earn a few $ per coin, they are hoping for a pump and millions in profit. You always sell when it's rising, when the liquidity is high and the buyers can take it without noticing.
In my thinking that won't make a big impact, because the entire mined coins were considered while the demand to supply ratio is calculated. So it is hold anywhere doesn't matter and when it comes to circulation the price might rather grow than decreasing.
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties
if i remember correctly Silkroad admin alone had 300+ BTC..
now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties
if i remember correctly Silkroad admin alone had 300+ BTC..
now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?
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