Topic: Mt.Gox account transferred 6000 bitcoins today - page 2. (Read 544 times)
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 if he sells all the bitcoin he owns it will be very influential on the bitcoin price, but it seems he will not sell it all at once.
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 ?
Do you have links for this alleged 140000 Bitcoin that still in their wallet? this for us to be inform well of this dumping moves and be able to ride on it. As what i have read in the news it is $8,000 not $6,000 https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/ that have been sell-off so therefore they have remaining $132,000 for their future disposal in which we need to ride on maybe thru sell high and buy it low again or any strategy that will work to avoid losses.
The 8.6% fall is probably not due to Mt. Gox selling alone. Panic selling due to the FUD that police raid South Korea exchange might also contribute to it.
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 ?
They are to be blamed more likely to the on going market crashes and if they continue to sell their remaining bitcoin then I think the market would just continue to crash harder and the only thing we could do is to grab the opportunity of bitcoin's lowered price or just wait for the market to recover.
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 ?
what is there to panic? people have a lot of IFs, WHAT IF and so forth. people are overthinking so far that it’s no longer healthy. life is short. why bring excess baggage? relax. bitcoin is here to stay.
waaw it's a fantastic amount, if it's true that he has that amount, and he will sell it, beware of the possibility of bitcin prices going to freefall it can happen ..
Just Relax. There is no reason to panic as they wanted to sell their bitcoin at a higher price. Maybe, There are lots of whales waiting for mt.gox bitcoin to be eaten. If you know what I mean. This is just beginning of bitcoin and I'm optimistic. After the Consensus 2018, there will be more money pouring into bitcoin
Mt.Gox is The sword of Damocles hanging overhead ,in the short term ? will it kill the bull market ? Should it be punished ？
I read in cnnn that it sold 8,000btc. And yes. This selling of bitcoins has a huge impact on the price. The more there are bitcoins in the market the lesser the price will be. If mt gox would decide to sell all 140,000 btc this will have a humongous impact on the price of btc. But i don't think mt gox would do that. It would wait for the price to somehow recover before they will start selling again. All we need is another whale wanting to buy a whole lot of bitcoins at a lower ratw.
This news could push people to panic sell their holdings so for me this is another FuD. The bitcoin price movement these days are normal and I don't believe that mt.gox is still holding that big amount of bitcoin. Look at the movement of the price last week if they saw the price was increased they should sell even small amount of bitcoin that could affect the price.
What I saw here they are using the mt.gox to push people to sell. If you are investor you must be stay calm and don't believe in any fud's. Don't let fud's to control your feelings make your own research before you decide to sell you bitcoin.
What I saw here they are using the mt.gox to push people to sell. If you are investor you must be stay calm and don't believe in any fud's. Don't let fud's to control your feelings make your own research before you decide to sell you bitcoin.
these transfer news make the market shaking. people are so scared of mt.gox and that people are nightmare for the market.
I knew it was forbidden for them to sell until september this year according to the court decision. Am I wrong?
I knew it was forbidden for them to sell until september this year according to the court decision. Am I wrong?
We hope at that time there would be people who will be ready buying that millions of Bitcoins from Mt.Gox. That way no matter what they they do to their BTC there would be people who wants them more than they wanted to, and it will be a good part in us as it is not compressed in one account anymore, it will be liquidized to different investors.
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 is no solution to it but to just wait. Even if Mt. Gox is dumping their bitcoin but they are not foolish to sell it all at once. They will sell it slowly by waiting for the price to increase and they will sell their btc. They will not dump all of their bitcoins at once since when that happens the price of bitcoin will hover back to 100$ and if that happens Mt. Gox will be left behind again in the bitcoin world.
Fully agreed with you Xester. but if htey all at once it will affect market so negatively and it will take time to recover.
Mt Gox has sold plenty of times before. I hope it does not dip anymore or I might be a panic seller too lol.
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 ?
There are over 17 millions Bitcoins that can be sold. Why would be this 140k particularly important?
It's very obvious, a situation like this can pull the market down. There's nothing we can do about it since its there move, its a business for them, maybe they already gained a lot so they are doing it. The best thing to do is to wait, as market price will and always regain after a dumping situation that happened today.
Probably the reason lets 's see Monday what the market says. It could be just the usual weak hands selling their coins while in a crisis panic
Probably going to be another BTC dump; but there's no proof that these BTC will actually be sold right now. What if the bitcoin is just being moved between wallets for multiple possible reasons? To be completely honest people shouldn't panic about this though; sure, price can crash once more due to a possible dump, but these price crashes due to the MtGox dude is only temporary. At some point he's going to run out of BTC to sell.
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