Topic: Now 7000 btc will be dumped making the price go lower and lower! (Read 2924 times)
It's obvious the price is being manipulated. If these idiots had a clue they would dump slowly to not crash the price.
February 16, 2015, 09:57:46 AM
Just tired of the price drops and even more tired when an exchange is hacked and btc is dumped
But that is bad news. Those usually push price up.
February 16, 2015, 08:11:24 AM
7000 Bitcoins will make the price go perhaps $30 lower if dumped at once at decent exchange.
But then again, it will go up quickly again.
It's sad to see that we were heading up with a good vibe, and suddenly a shitty exchange ruins everything by "losing" $1.7M worth of coins.
But then again, it will go up quickly again.
It's sad to see that we were heading up with a good vibe, and suddenly a shitty exchange ruins everything by "losing" $1.7M worth of coins.
February 16, 2015, 08:03:37 AM
I wonder if the price drop right now is happening because of that.
You can be pretty sure... it's a shame, just when we were visiting the 270$
Oh, and of course it's not a hack. They said that their cold wallet was compromised. BULLSHIT! Cold wallets are not hackeable.
This was an inside job.
The Banks have power over all money in the world... The exchanges have power over all Bitcoins in the world... Nothing has changed... Still greedy mofos on top who make the rules and manipulate the market (see gox)... And still the sheeps (we) have no power at all... I thought Bitcoin is revolution...
February 16, 2015, 06:09:54 AM
For me it is interesting when the news about the possible hack was released. It was just when BTC started its mini-recovery rally.
February 16, 2015, 02:28:15 AM
I think it's only a matter of time and finding the right and best opportunity to sell off. However if those coin made its way to bitcoin hoarders or collectors, it will not have any effect on market price as long as it doesn't find its way to the open market.
February 16, 2015, 12:30:17 AM
another exchange "hacked" still people give their btc to the exchanges. one day you will all learn your lesson that exchanges are not to be trusted as they ALL run fractional reserves at your expense.
so which exchange will be next to be failed/hacked?
so which exchange will be next to be failed/hacked?
February 15, 2015, 05:46:48 PM
When it rains it pours.
February 15, 2015, 05:15:21 PM
I wonder if the price drop right now is happening because of that.
You can be pretty sure... it's a shame, just when we were visiting the 270$
Oh, and of course it's not a hack. They said that their cold wallet was compromised. BULLSHIT! Cold wallets are not hackeable.
This was an inside job.
February 15, 2015, 05:01:38 PM
The coins have been split but not moved to a place they could be dumped. I think this price action is just reaction to yet another scary story about bitcoin. Damn shame.
Only 170 bitcoins were "spent" : https://blockchain.info/it/tx/28b3009c7ad8898077b348a943a9c5d8187e1e53e85893d17999b9125bbbab10?show_adv=true
February 15, 2015, 04:57:21 PM
The coins have been split but not moved to a place they could be dumped. I think this price action is just reaction to yet another scary story about bitcoin. Damn shame.
February 15, 2015, 03:38:28 PM
I wonder if the price drop right now is happening because of that.
February 15, 2015, 03:37:03 PM
market is way over sold right now panicing because of this, expect a big turn around tomorrow, its still only 7k coins, $30 shift in price is crazy.
February 15, 2015, 03:34:57 PM
taking bets on whether the entire pump from 225 - 270 today and the resulting dump allll the way back down was done by bter with YOUR deposited fiat and YOUR deposited btc ? ... no takers ? ... yeah ...
February 15, 2015, 03:29:55 PM
all those drop/hack/stolen coins at current value, will only make current value stronger, think about it, at the end the price will never go lower it
What exactly do you mean ? It is actually going lower.
no it's not, it's pretty stable at $230 since weeks already
Yeah, since January 15th or so. Big correction towards 230 now.
February 15, 2015, 03:07:00 PM
all those drop/hack/stolen coins at current value, will only make current value stronger, think about it, at the end the price will never go lower it
What exactly do you mean ? It is actually going lower.
no it's not, it's pretty stable at $230 since weeks already
February 15, 2015, 01:56:25 PM
world wide bitcoin regulations
THE ENTIRE ARGUMENT BEHIND WHY BITCOIN IS BETTER THAN FIAT IS BECAUSE IT ISN'T REGULATED WHY WOULD ANY BITCOINER WANT TO SEE REGULATION.
DO YOU WANT THE GOVERNMENT TO FIX EXCHANGE RATES FOR BTC TOO?
February 15, 2015, 01:55:24 PM
They are split in 7 1000 BTC chunks and are lying there. I doubt they can be dumped easily.
February 15, 2015, 01:52:40 PM
It should come to you not as a surprise, because theres alot of exchanges that are not capable to actualy run one.
This is why i cant wait for world wide bitcoin regulations, that will put a stop to theese uncapable exchange owners and build a reputable bitcoin exchange that would be secure for their clients.
I dont even believe most of them got hacked, i believe its an inside job like mt.gox, and that they are just plain thiefs.
I'm sure there are no shortage of bent exchange operators, but unless you're running one yourself it's probably impossible to conceive of the volume of attacks that hackers direct towards them.
It only takes one tiny opening to get your hands on potential millions. They'll be buzzing around exchanges like bees until the internet is no more.
February 15, 2015, 12:25:58 PM
reputable bitcoin exchange
hahahahahaha, my sides.
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