Topic: MtGox trustees dumping coins again? - page 2. (Read 413 times)
They have already been made aware that when they sell their bitcoins it should be done OTC to prevent the prices from dropping. It is in their best interests to do so
https://bitcoinist.com/mt-gox-coins-wont-move-until-2020-as-payout-delayed-6-months/
I wish these coins would actually get dumped, because that would mean this gox shit is finally over and we can move on, but unfortunately, it's not happening (yet). The short term negative effect it would have as a result is well worth it knowing that we have seen a large holder sold itself out of the market.
I wish these coins would actually get dumped, because that would mean this gox shit is finally over and we can move on, but unfortunately, it's not happening (yet). The short term negative effect it would have as a result is well worth it knowing that we have seen a large holder sold itself out of the market.
Just what I thought you. Anyways, why are we still haunted by Gox shit? It should be over by now and I don't think they're going to dump their shit at the current market price.
The current dumps are just large pockets unloading some of their bags after facing too much resistance above $8000, which makes sense from a short term trader/investor's perspective. It's not manipulation or anything, just the lack of liquidity and longs being squeezed exaggerating the effect of the dump.
We have seen this before, so I'm not surprised by the sudden dumps in the market. This could be good in the long run as those who have been waiting in line to buy will have the perfect opportunity to enter with the price falls < $7000.
https://bitcoinist.com/mt-gox-coins-wont-move-until-2020-as-payout-delayed-6-months/
I wish these coins would actually get dumped, because that would mean this gox shit is finally over and we can move on, but unfortunately, it's not happening (yet). The short term negative effect it would have as a result is well worth it knowing that we have seen a large holder sold itself out of the market.
The current dumps are just large pockets unloading some of their bags after facing too much resistance above $8000, which makes sense from a short term trader/investor's perspective. It's not manipulation or anything, just the lack of liquidity and longs being squeezed exaggerating the effect of the dump.
I wish these coins would actually get dumped, because that would mean this gox shit is finally over and we can move on, but unfortunately, it's not happening (yet). The short term negative effect it would have as a result is well worth it knowing that we have seen a large holder sold itself out of the market.
The current dumps are just large pockets unloading some of their bags after facing too much resistance above $8000, which makes sense from a short term trader/investor's perspective. It's not manipulation or anything, just the lack of liquidity and longs being squeezed exaggerating the effect of the dump.
They are creating liquidity for the markets, that's good.
There are many people who are willing to enter from these prices and wait for the next bull run. If the Gox trustees sold their coins OTC, buyers on exchanges wouldn't benefit from their coins.
Some people here are willing to hodl at least 2-3 years. I don't think it'll make much of a difference after the halving whether if you bought from $5k or $7k.
There are many people who are willing to enter from these prices and wait for the next bull run. If the Gox trustees sold their coins OTC, buyers on exchanges wouldn't benefit from their coins.
Some people here are willing to hodl at least 2-3 years. I don't think it'll make much of a difference after the halving whether if you bought from $5k or $7k.
I do not know if this might be the cause of the sudden drop in the price, but we know the MtGox trustees like to dump coins on the exchanges, when there is a increase in the price.
Can someone check the known Bitcoin addresses for the MtGox coins and see if there was significant movement in those coins? Those idiots could care less about the impact on the price, if they sell those coins on public exchanges.
A lot of people asked them to use OTC platforms, but the trustees still sold coins on exchanges.
Ps. I have no facts to support my claims, but it has happened before when the price increased and all signs are pointing to coins being dumped on Asian exchanges.
Can someone check the known Bitcoin addresses for the MtGox coins and see if there was significant movement in those coins? Those idiots could care less about the impact on the price, if they sell those coins on public exchanges.
A lot of people asked them to use OTC platforms, but the trustees still sold coins on exchanges.
Ps. I have no facts to support my claims, but it has happened before when the price increased and all signs are pointing to coins being dumped on Asian exchanges.
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