Oh boy hope he is not going to dump all the BTC he was supposedly mining with our miners when the payouts dropped on Zen cloud. That would be a disaster for BTC. Robbing BTC to pay XPY. We also know he has PH somewhere mining something.
you make no sense.
sit and watch this just for 30 mins and see what kind of volume BTC trading does....
https://bitcoinwisdom.com/markets/kraken/btceur
Garza doing any density of mining won't affect anything, whatsoever.
I might be wearing a tinfoil hat right now. But he did get a lot of BTC from cutting the Mining contracts so he could be sitting on a mountain of it.
we are currently seeing selloffs by whoever was fortunate enough to win that last FBI auction. these selloffs are done in dribs and drabs and have short term effect on the price, in dumps of ~100BTC at a time. This is my take on what is occurring in the marketplace currently. Then we have the normal dumps by the mining farms... put together it's a slow short term drop in btc price, but we are talking tens of thousands of BTC volume here...
I don't care which hat you are wearing but Garza has nowehere near the volume which is actually suppressing short term btc price.
Or.. I presume you can back up your statement with hard numbers?
thought not.