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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11567. (Read 26585949 times)

legendary
Activity: 938
Merit: 2540
<>

Looks like GOX trustees dumped $500 million this summer and it hit the exchanges bringing the price down rapidly. Seems to be what caused the 9500-7500 fall.

Really? Source?

https://www.goxdox.com/2019/02/the-dumpening-trustee-bank-book-reveals.html?m=1

Then Kobayashi was just a mask?
legendary
Activity: 1834
Merit: 4197
Looks like GOX trustees dumped $500 million this summer and it hit the exchanges bringing the price down rapidly. Seems to be what caused the 9500-7500 fall.

Really? Source?

Unconfirmed photos.



In other news, a rare sighting of a Phoenix was reported late last night.



Turned out to just be a Raptor engine test fire for SpaceX as work on the Starship continues. If you ever get a chance to see rockets light off I highly recommend it, very energetic, very loud.


dont blow your speakers.
https://www.youtube.com/watch?v=MAAzbjG_Duc
sr. member
Activity: 1176
Merit: 286
Just checking in to inform everyone I am still alive and still hodling through this bullshit.

Nice to see you.

You did not sell any coins between $6k and $20k?

You know it is not going back up there again, right?

You missed your chance.  You know that, right?

Foolishly no. Oops

btc to 4800 next comming week Wink
legendary
Activity: 3276
Merit: 2442
Just checking in to inform everyone I am still alive and still hodling through this bullshit.
Nice to see you.
You did not sell any coins between $6k and $20k?
You know it is not going back up there again, right?
You missed your chance.  You know that, right?
Foolishly no. Oops

 JJG posts like that, are exactly why I have the dude ignored.

 Will save up my furthers thoughts and commentary for BoJJGT.

I also had him on ignore for a while but not because I didn't like what he was writing. The problem was the length of his posts.

People said the same thing in 2015 and yet here we are. More than x10 up from $200. We will go above $20k and beyond but it is just going to take bit longer than the last one and one thing I agree with JJG is that I wish I have bought more bitcoins so I could have sold some in 2017. That would have increased my quality of life a lot but that time is long gone. We need to think about the future now to not make the same mistakes again.
sr. member
Activity: 616
Merit: 292
I don't know where I'm going, but I'm going.
Shouldn't the whole Quadriga scandal be bullish?
If keys are lost forever, it means 26k BTC are gone.
Less supply = higher price right?

But the coins are probably not lost, but stolen.
jr. member
Activity: 228
Merit: 4
Shouldn't the whole Quadriga scandal be bullish?
If keys are lost forever, it means 26k BTC are gone.
Less supply = higher price right?
legendary
Activity: 1358
Merit: 1016
Just checking in to inform everyone I am still alive and still hodling through this bullshit.

Nice to see you.

You did not sell any coins between $6k and $20k?

You know it is not going back up there again, right?

You missed your chance.  You know that, right?

Foolishly no. Oops
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
BullBear Analytics newsletter:

Quote
...
Market Summary

Given that there is no change to the current forecast due to the still highly mixed technicals we continue to expect the market to tread water within the short-term trading range until a resolution materializes, likely to the downside, although we are willing to admit that the bulls might be gaining some ground for the time being while the bears fail to break support. While there is still a long way to go for the bulls in terms of defending these levels for a longer-term bottom, they have so far exceeded our expectations heading into 2019 which accounts for something moving forward.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it


8 and 9 and use the tether to buy continually and keep the BTC chain going forever so I can live forever.
hero member
Activity: 658
Merit: 851

Looks like GOX trustees dumped $500 million this summer and it hit the exchanges bringing the price down rapidly. Seems to be what caused the 9500-7500 fall.

Really? Source?

https://www.goxdox.com/2019/02/the-dumpening-trustee-bank-book-reveals.html?m=1
hero member
Activity: 658
Merit: 851
Not sure this has been mentioned before but this article talks about the fact that Mt. Gox trustee didn't sell BTC and BCC otc but rather on an exchange :

https://www.trustnodes.com/2019/02/05/mt-gox-trustee-sold-500-million-worth-of-bitcoin-on-exchanges-says-new-court-evidence

“The new data from the trustee’s bank book coupled with BTC’s price declines in May/June 2018 indicate that the method BitPoint used to conduct the sale affected price discovery.  In other words, BitPoint sold on an exchange and not OTC.
...
May started off with BTC continuing to rally, surpassing $9,900 on May 6. But the price fell steeply and consistently from there. By June 5 the price had fallen to $7,500 USD. Thereafter the price continued to fall to $6,200 as bearish market sentiment dominated after a month of heavy selling by BitPoint.”

MT Gox sold about $750 million worth of bitcoin and BCH in 2018. They secured half a billion to pay off in full all exchange creditors at 2014 crypto prices. Then they sold another $250 million to potentially cover other creditors, including Coinlab.

Coinlab has now made what looks like a frivolous claim of $16 billion, holding up the distribution of the remaining circa 140,000 BTC and an equal amount of BCH in addition to the $500 million in fiat.

It remains unclear how the Coinlab situation will be resolved, but with $750 million secured in fiat, it appears unlikely that the trustee would need to liquidate any more cryptos."

EDIT : ok just saw the post above... it's been mentioned before lol.
member
Activity: 74
Merit: 15
Looks like GOX trustees dumped $500 million this summer and it hit the exchanges bringing the price down rapidly. Seems to be what caused the 9500-7500 fall.

Really? Source?

I think it came from: https://www.goxdox.com/
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
Some of them have dicks.

There is something deeply wrong with a culture that thinks trannies are normal.

The increase in trannies may be part of a subconscious human survival strategy. The male birth rate has been plummeting all over the world as well.

We have way too many men. We're long overdue for a massive war.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Looks like GOX trustees dumped $500 million this summer and it hit the exchanges bringing the price down rapidly. Seems to be what caused the 9500-7500 fall.

Really? Source?
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Just checking in to inform everyone I am still alive and still hodling through this bullshit.

Nice to see you.

You did not sell any coins between $6k and $20k?

You know it is not going back up there again, right?

You missed your chance.  You know that, right?
sr. member
Activity: 616
Merit: 292
I don't know where I'm going, but I'm going.
Now that I did a small research I think most people could be diagnosed with it Smiley

jbear even more so (BCH weeeeee).
legendary
Activity: 1358
Merit: 1016
Just checking in to inform everyone I am still alive and still hodling through this bullshit.
legendary
Activity: 938
Merit: 2540
<>
Like a constant sauna... Could be good?

I guess we're all different in our likes. I couldn't imagine anything worse. You're supposed to pop outside to feel fresh, not inside.



There is a lot of heat and humidity, In tropical countries, I could not live with this climate, I would personally look for something colder.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Talk to the person who says you have it   :p


lol

I agree.  That is a great statement.  Boils down to:

"I feel that I don't have cognitive dissonance"   hahahahahahaha    I come here for the lulz...  Wink
legendary
Activity: 2702
Merit: 2053
Free spirit
Talk to the person who says you have it   :p


lol

*edit* this sounded way more bum than intended. sorry
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