Well today Mr. Kobayashi (Mt. Gox Trustee) announces he did not sell coins at the same time as moving them.
He also says he sold them in a way which would not affect market price.
There's been a lot of FUD about this over the last couple of weeks and its starting to look like it was all bullshit.
Here's the link : https://www.mtgox.com/img/pdf/20180317_qa.pdf
It seems like suddenly some idiots post a few charts on twitter, drum up alot of conjecture and allegations with a few nice charts to support themselves. A couple of media outlets follow with an article or two, and then the market buys the story (every time). Meanwhile, these actors use it to their advantage obviously. Someone should investigate to try and find the source of this BS.
He also says he sold them in a way which would not affect market price.
There's been a lot of FUD about this over the last couple of weeks and its starting to look like it was all bullshit.
Here's the link : https://www.mtgox.com/img/pdf/20180317_qa.pdf
It seems like suddenly some idiots post a few charts on twitter, drum up alot of conjecture and allegations with a few nice charts to support themselves. A couple of media outlets follow with an article or two, and then the market buys the story (every time). Meanwhile, these actors use it to their advantage obviously. Someone should investigate to try and find the source of this BS.
There are two sides of the coin here and only one is telling the truth. We cannot be sure if Mt. Gox is telling the truth or the articles are but one thing is clear and that is the value of bitcoin has dropped. Another thing is that the whales have joined the issue and causing panic to the market while waiting for the small fish to panic and sell their btc at a lower value. The only thing we can do here is to hold our bitcoins and do not panic since we do not know what is really happening out there.