Silkroad seized bitcoins to impact price? - page 3.

Gianluca95

legendary

Activity: 1582

Merit: 1196

Reputation first.

Quote from: ZiG on June 13, 2014, 01:01:11 PM

Quote from: Gianluca95 on June 13, 2014, 12:50:06 PM

Quote from: ZiG on June 13, 2014, 12:46:28 PM

Quote from: Gianluca95 on June 13, 2014, 12:41:44 PM

This is the answer that I like !

So, I think that if a group of investor that have 20 million+ may manipulate quietly the market Grin

And it is not difficulty to find 20 million $ for only one investor Grin

Depends on how BIG is this ONE investor... Wink

For Wall Street sharks 20 Millions are pocket change...Phone call to Feds... Grin

Hey boss, I like you, I like your thought !

So, maybe we would have to call Warren Buffett and ask something, or The Wolf of Wall Street Grin

Thanks, buddy...

This is the way how they work...Day-trading since 1997... Wink

ZiG

Nobody know if a stock drop or move up, to the exception of Warren Buffet Grin

So invest with a high safe and try to make money

coinmaster222

hero member

Activity: 756

Merit: 500

I'd say yeah. There was a huge sell wall at some point if I remember right.

ZiG

sr. member

Activity: 406

Merit: 250

Quote from: Gianluca95 on June 13, 2014, 12:50:06 PM

Quote from: ZiG on June 13, 2014, 12:46:28 PM

Quote from: Gianluca95 on June 13, 2014, 12:41:44 PM

This is the answer that I like !

So, I think that if a group of investor that have 20 million+ may manipulate quietly the market Grin

And it is not difficulty to find 20 million $ for only one investor Grin

Depends on how BIG is this ONE investor... Wink

For Wall Street sharks 20 Millions are pocket change...Phone call to Feds... Grin

Hey boss, I like you, I like your thought !

So, maybe we would have to call Warren Buffett and ask something, or The Wolf of Wall Street Grin

Thanks, buddy...

This is the way how they work...Day-trading since 1997... Wink

ZiG

Gianluca95

legendary

Activity: 1582

Merit: 1196

Reputation first.

Quote from: ZiG on June 13, 2014, 12:46:28 PM

Quote from: Gianluca95 on June 13, 2014, 12:41:44 PM

This is the answer that I like !

So, I think that if a group of investor that have 20 million+ may manipulate quietly the market Grin

And it is not difficulty to find 20 million $ for only one investor Grin

Depends on how BIG is this ONE investor... Wink

For Wall Street sharks 20 Millions are pocket change...Phone call to Feds... Grin

Hey boss, I like you, I like your thought !

So, maybe we would have to call Warren Buffett and ask something, or The Wolf of Wall Street Grin

ZiG

sr. member

Activity: 406

Merit: 250

Quote from: Gianluca95 on June 13, 2014, 12:41:44 PM

This is the answer that I like !

So, I think that if a group of investor that have 20 million+ may manipulate quietly the market Grin

And it is not difficulty to find 20 million $ for only one investor Grin

Depends on how BIG is this ONE investor... Wink

For Wall Street sharks 20 Millions are pocket change...Phone call to Feds... Grin

Gianluca95

legendary

Activity: 1582

Merit: 1196

Reputation first.

This is the answer that I like !

So, I think that if a group of investor that have 20 million+ may manipulate quietly the market Grin

And it is not difficulty to find 20 million $ for only one investor Grin

ZiG

sr. member

Activity: 406

Merit: 250

Quote from: Gianluca95 on June 13, 2014, 12:16:44 PM

I'm enough worried about price of Bitcoin because the news that U.S. Government wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

...and the time is telling us...:

DUMP...buy LOW...PUMP... sell HIGH...old Wall Street strategy...

Who do you think is participating in US Gov's auction(s)...?

Whoever got Millions ...like 17+ Mill... Wink

I don't...unfortunately ...

Gianluca95

legendary

Activity: 1582

Merit: 1196

Reputation first.

Quote from: bitsmichel on June 13, 2014, 12:29:33 PM

Quote from: Gianluca95 on June 13, 2014, 12:28:41 PM

Quote from: bitsmichel on June 13, 2014, 12:27:19 PM

Quote from: Gianluca95 on June 13, 2014, 12:16:44 PM

I'm enough worried about price of Bitcoin because the news that U.S. Government wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

The price change could have been caused by something else. News and price are not always directly correlated

So please, you can teach me why price of Bitcoin is dropped when the news of U.S. Government which wants to sell Bitcoin after only few minutes?

Thank you

GHash.io 51% ?

No, problem of GHash.io is borned one-two weeks ago, not yesterday. I think that the drop of price is due to the news of U.S. Government.

bitsmichel

sr. member

Activity: 518

Merit: 250

Quote from: Gianluca95 on June 13, 2014, 12:28:41 PM

Quote from: bitsmichel on June 13, 2014, 12:27:19 PM

Quote from: Gianluca95 on June 13, 2014, 12:16:44 PM

I'm enough worried about price of Bitcoin because the news that U.S. Government wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

The price change could have been caused by something else. News and price are not always directly correlated

So please, you can teach me why price of Bitcoin is dropped when the news of U.S. Government which wants to sell Bitcoin after only few minutes?

Thank you

GHash.io 51% ?

Gianluca95

legendary

Activity: 1582

Merit: 1196

Reputation first.

Quote from: bitsmichel on June 13, 2014, 12:27:19 PM

Quote from: Gianluca95 on June 13, 2014, 12:16:44 PM

I'm enough worried about price of Bitcoin because the news that U.S. Government wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

The price change could have been caused by something else. News and price are not always directly correlated

So please, you can teach me why price of Bitcoin is dropped when the news of U.S. Government which wants to sell Bitcoin after only few minutes?

Thank you

bitsmichel

sr. member

Activity: 518

Merit: 250

Quote from: Gianluca95 on June 13, 2014, 12:16:44 PM

I'm enough worried about price of Bitcoin because the news that U.S. Government wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

The price change could have been caused by something else. News and price are not always directly correlated

Gianluca95

legendary

Activity: 1582

Merit: 1196

Reputation first.

I'm enough worried about price of Bitcoin because the news that U.S. Government wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Quote from: negafen on June 13, 2014, 12:11:12 PM

Quote from: Parazyd on June 13, 2014, 02:02:15 AM

The price didn't fall because of this, and it will not.
It's a private auction and has nothing to do with exchanges and therefore nothing to do with the current Bitcoin/USD price.

Market participants do not seem to agree with your right given the drop today.

The 51% situation contributed a lot to the drop. Don't disregard that.

negafen

full member

Activity: 218

Merit: 101

Quote from: Parazyd on June 13, 2014, 02:02:15 AM

The price didn't fall because of this, and it will not.
It's a private auction and has nothing to do with exchanges and therefore nothing to do with the current Bitcoin/USD price.

Market participants do not seem to agree with your right given the drop today.

bitgold

sr. member

Activity: 353

Merit: 250

As a bargain hunter, I love low prices. Too risky holding too much fiat, stock markets look frothy.

makebitcoin

sr. member

Activity: 308

Merit: 250

I think the recent drop in prizes has more to do with the 51% share of the mining pools and not with this sale.

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

Actually this could be the main reason that the price plunged today. Roll Eyes

It's a good thing that they released the coins through a bidding. Selling them in an other way would have been harder for them also. But no buyer was prohibited to dump the coins as soon as he got them. Besides thet, the news went mainstream. Eventhough the bidding couldn't have a direct impact on the price maybe some holders could have decided that now it's the time to sell because of the news.

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Quote from: dlowings on June 13, 2014, 11:23:38 AM

Quote from: Parazyd on June 13, 2014, 02:15:11 AM

I don't think someone would dump these coins on the market. Why buy them in the first place?

Simple… at auction they will go for near market value.. they will be dumped quickly to turn a quick profit .. do you think they are not getting a discount on this purchase ?

The thing I find fishy is how BTC looks to have been manipulated upward prior to the auction ..

Say what you will, but something don't look good for BTC …

As much as I hate to say it .

Nope, I think the coins will be sold above the market price. After all, it's a piece of history.
Nevertheless, you're right - they could be dumped anytime they would make a profit. Be it a week later or a month later.

dlowings

full member

Activity: 226

Merit: 100

Quote from: Parazyd on June 13, 2014, 02:15:11 AM

I don't think someone would dump these coins on the market. Why buy them in the first place?

Simple… at auction they will go for near market value.. they will be dumped quickly to turn a quick profit .. do you think they are not getting a discount on this purchase ?

The thing I find fishy is how BTC looks to have been manipulated upward prior to the auction ..

Say what you will, but something don't look good for BTC …

As much as I hate to say it .

Gianluca95

legendary

Activity: 1582

Merit: 1196

Reputation first.

That's only speculation brother.

You have to know that if the government sell a big quantities of Bitcoin, this is not good for all of us.

So, news is very bad, and thanks to it, much of investors sell its bitcoin on the market, and the price drop of 10%, understood?

Topic: Silkroad seized bitcoins to impact price? - page 3. (Read 4362 times)