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Topic: If someone with 30k btc could do this ! Think about satoshi's million btc stash! (Read 1164 times)

sr. member
Activity: 434
Merit: 250
That 30k hasn't caused a crash. 50% of it was soaked up around $300 and the price is still $300.

why would it cause a crash? it's doing what it's supposed to do - stagnate the market. there's a lot of drama happening and people are watching instead of opening up a sell order of $299.99.
sr. member
Activity: 406
Merit: 250
That 30k hasn't caused a crash. 50% of it was soaked up around $300 and the price is still $300.

Yes! How is this possible and why would someone do this? This shows a really strange resilience of the market and signals that the price ll go up after this wall s been destroyed.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
That 30k hasn't caused a crash. 50% of it was soaked up around $300 and the price is still $300.
sr. member
Activity: 434
Merit: 250
I was wondering about Satoshi's wallet. If those coins move at all in the next few years, watch for a major price fall. Those coins at this point are almost never allowed to move without making Bitcoin value very very risky.

However, that abundance of coin perhaps amplifies Bitcoin staying power. If it were a scam of a technology I could imagine we would have already seen those coins move to an exchange.

Perhaps it was the 100,000 coins mined after that wallet was done that made the initial creators, miners, adopters, rich and are now out with the rest of us holding the bag..


When it comes down to it, there is simply low interest right now for anyone to buy bitcoins. That is not to say there are not buyers...

Just that when people want to buy a car, groceries, clothes, vacations, airline tickets, their go to currency, is not Bitcoin

if satoshi put up a 1 million bitcoin sell wall it wouldn't necessarily drop the price. it would cause the price to stagnate, like what's happening right now. as in, the price won't move at all while people continue buying from his stash.
sr. member
Activity: 350
Merit: 250
I was wondering about Satoshi's wallet. If those coins move at all in the next few years, watch for a major price fall. Those coins at this point are almost never allowed to move without making Bitcoin value very very risky.

However, that abundance of coin perhaps amplifies Bitcoin staying power. If it were a scam of a technology I could imagine we would have already seen those coins move to an exchange.

Perhaps it was the 100,000 coins mined after that wallet was done that made the initial creators, miners, adopters, rich and are now out with the rest of us holding the bag..


When it comes down to it, there is simply low interest right now for anyone to buy bitcoins. That is not to say there are not buyers...

Just that when people want to buy a car, groceries, clothes, vacations, airline tickets, their go to currency, is not Bitcoin
hero member
Activity: 756
Merit: 502
txid  source plz , sir ?

every body knows about the 30k sell wall yesterday
hero member
Activity: 642
Merit: 500
Evolution is the only way to survive
txid  source plz , sir ?
hero member
Activity: 756
Merit: 502
If someone with 30k btc could do this crash ! Think about satoshi's million btc stash!
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