Topic: Mt.Gox account transferred 6000 bitcoins today (Read 544 times)
Such a large amount of exposure to the market will greatly affect the value of the BTC. The sale of bitcoin has a huge impact on prices. The more bitcoins on the market, the lower the price. If a gox decides to sell all 140,000 btc, this will have a huge impact on the btc price.
Well crypto currency is not only depend on bitcoin there's some more coin like ETH, Bitcoin Cash, Monero, and some other alt. If its gradually fall down i will either sell my all bitcoins or exchange with alt. For me ETH is the second best investment after bitcoin so doesn't matter if the bitcoin fall down or completely finish, i will never leave crypto currency.
what are you on about
when bitcoin falls altcoins fall harder down. if you look at the bags you are holding you can see how much money you have been losing on these altcoins. for example your Ethereum bags have lost nearly 80% of their values and it is not even stopping there. it is continuing down and is headed to $100
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https://youtu.be/52RacK8L4GI
https://youtu.be/52RacK8L4GI 
It would better if they used under the counter trades, I guess this is what they are doing anyway. Last time they sold en mass at the exchanges the value tanked so they will want to avoid that otherwise they will be left with nothing
You have stopped selling now. When you see the price increases, leave it. Prices will increase once in a while. Keep confidence. 
Well crypto currency is not only depend on bitcoin there's some more coin like ETH, Bitcoin Cash, Monero, and some other alt. If its gradually fall down i will either sell my all bitcoins or exchange with alt. For me ETH is the second best investment after bitcoin so doesn't matter if the bitcoin fall down or completely finish, i will never leave crypto currency.
what are you on about
when bitcoin falls altcoins fall harder down. if you look at the bags you are holding you can see how much money you have been losing on these altcoins. for example your Ethereum bags have lost nearly 80% of their values and it is not even stopping there. it is continuing down and is headed to $100
Well crypto currency is not only depend on bitcoin there's some more coin like ETH, Bitcoin Cash, Monero, and some other alt. If its gradually fall down i will either sell my all bitcoins or exchange with alt. For me ETH is the second best investment after bitcoin so doesn't matter if the bitcoin fall down or completely finish, i will never leave crypto currency.
Mt. Gox has dumped their bitcoins many times over the past six months, which is the cause of a sharp drop in the market, and I think the biggest impact is psychological because such dumping will make the market panic in a short period of time. I think the market is still in a downward trend. At this time, try not to increase investment.
Maybe it's a coincidence because with the large amount of bitcoin to sell and I think it's very influential on the decline in bitcoin prices. How to overcome it needed big investors to be able to buy a lot of bitcoin that they buy. 
So that is why bitcoin dumping and there are 140000 bitcoin remaining in Mt.Gox wallet? oww let's expect another dump again I hope that not all sell their bitcoin in this year.
for now the bitcoin price is falling, but maybe next year will rise again because the bitcoin is like a bubble, and maybe the bitcoin market will not fall.
There is no solution to this because we can not prevent anyone to sell the bitcoin they hold. The decisions we can make now to respond to sales made by Mt. Gox is never to panic when bitcoin prices start to move down and continue to confident with the speculation that each believe in bitcoin prices.
It's better that they are doing the sell-off at this rate. We would not want them to dump hard their bitcoins while it is already soaring to $100k. Just let them because their efforts are only for short term effects.
bitcoin prices are down 8.6% now . is this a response ? there are still 140000 bitcoin remaining in Mt.Gox wallet . if it will sell bitcoin next time . will the market fall ? is there a solution to this problem ?
There are over 17 millions Bitcoins that can be sold. Why would be this 140k particularly important?
bitcoin prices are down 8.6% now . is this a response ? there are still 140000 bitcoin remaining in Mt.Gox wallet . if it will sell bitcoin next time . will the market fall ? is there a solution to this problem ?
There are over 17 millions Bitcoins that can be sold. Why would be this 140k particularly important?
These number of bitcoin is low compared to the total supply. But some people are afraid all of them are sold at the same time and they want to take the advantage of short time trading. This causes many of bitcoins are sold even that bitcoins are not sold. Panic sellers also cause the price to fall more.
bitcoin prices are down 8.6% now . is this a response ? there are still 140000 bitcoin remaining in Mt.Gox wallet . if it will sell bitcoin next time . will the market fall ? is there a solution to this problem ?
When there's a batch of bitcoin that was sold like more than 1000, there will be an economic effect to it.That can lead the price to go down and make everyone panic but this isn't the first time that this happened. This issue has never been dead, you are just adding fear to the crypto newbies.
No solution to this one, panic sellers must calm themselves and just watch or ride with the market.
bitcoin prices are down 8.6% now . is this a response ? there are still 140000 bitcoin remaining in Mt.Gox wallet . if it will sell bitcoin next time . will the market fall ? is there a solution to this problem ?
There are over 17 millions Bitcoins that can be sold. Why would be this 140k particularly important?
These number of bitcoin is low compared to the total supply. But some people are afraid all of them are sold at the same time and they want to take the advantage of short time trading. This causes many of bitcoins are sold even that bitcoins are not sold. Panic sellers also cause the price to fall more.
Low compared to total supply? Come on. Total BTC supply is planed to be 21 millions in next 100 years ( I believe that will change and will be higher at end).
How can you call that low? Now is 17m and last 4m will be here in 100 years. How is 80% low?
bitcoin prices are down 8.6% now . is this a response ? there are still 140000 bitcoin remaining in Mt.Gox wallet . if it will sell bitcoin next time . will the market fall ? is there a solution to this problem ?
I think traders overreact to this news because not necessarily 6k Bitcoin will be sold in the near future, If they are serious to selling Bitcoin I think they will not let the price fall because it will make their Bitcoin cheaper. The only solution to this problem is not to panic
This kind of news can be exploited by whales, they can take advantage of this news by selling their Bitcoin to create market panic and buy back at cheap prices
Mt.Gox is The sword of Damocles hanging overhead ,in the short term ? will it kill the bull market ? Should it be punished ？
It already killed that bull market right? Because the price is under $9K already. Well as far as I know, he supposedly need to get like a court order before he can offload the coins. So we don't know if he followed it or not. If he didn't then he has to answer to the court and explain why he did it again.MtGox sold Bitcoins for $ 70 million and the BTC rate collapsed by almost 10 percent. I think MtGox will sell the remains of its bitcoins in parts so as not to crush the crypto market. After all, they have to pay off their debts, so they are benefited by the high price of Bitcoin. In any case, MtGox remains the winner, because in 2013, bitcoin cost a little more than $ 1000 and fell to $300.
Yes, its very clear that they need to liquidate it so that they can pay their creditors. Of course he will eventually needs to sell everything, but the main issue that I'm seeing is the timing of the sell-off. We are about to have a break out run at $10K. He could have waited till the price goes above $10K. Anyways, the damaged has been done already. bitcoin prices are down 8.6% now . is this a response ? there are still 140000 bitcoin remaining in Mt.Gox wallet . if it will sell bitcoin next time . will the market fall ? is there a solution to this problem ?
Mt Gox has been selling coins long before anybody knew about it and nothing changed about the price except the fact that it kept on going up. but at some point in the middle of their selling (after a couple of months had past and price has been rising all that time) price rise stopped and reversed, by that time everyone was talking about how they are selling and crashing the market, obviously a pure bullshit.
this is just whale manipulation of the price and nothing more. and it will continue to be just that whether Mt Gox coins move or not. even if that wallet empties then they will find another whale's wallet to spread the same FUD. and if that fails there is always the old FUD about how China is banning bitcoin
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