Topic: Who is dumping BTC? - page 2. (Read 4122 times)
Miners
Maybe it is time for a bitcoin 2.0 to arrive 
Banks.
A few things come to mind:
1) borrowers on btcjam and the like. The only "purpose" I can see for such sites is naked shorting. If price drops, hurrah, you win, rinse, repeat. If it goes up, just default on your loan, and you still win. This is why you should never lend out your coins; either you will lose because the value of btc goes down, or you will lose most of your deals because your borrowers will default.
2) bitstamp hacker. Havent checked yet, did the coins move?
3) All the ponzi and other scam operators. Most of them dont care about BTC, they just use it as a convenient way to conduct their scamming business. Since they obtained the BTC at virtually no cost, they will cash out regardless of price.
4) the sheep.
1) borrowers on btcjam and the like. The only "purpose" I can see for such sites is naked shorting. If price drops, hurrah, you win, rinse, repeat. If it goes up, just default on your loan, and you still win. This is why you should never lend out your coins; either you will lose because the value of btc goes down, or you will lose most of your deals because your borrowers will default.
2) bitstamp hacker. Havent checked yet, did the coins move?
3) All the ponzi and other scam operators. Most of them dont care about BTC, they just use it as a convenient way to conduct their scamming business. Since they obtained the BTC at virtually no cost, they will cash out regardless of price.
4) the sheep.
How the market works. Great cartoon.
Let me see :
1. BitStamp hacked case related
2. Silkroad Trial
3. Panic Seller
1. BitStamp hacked case related
2. Silkroad Trial
3. Panic Seller
"...you see a long dump chain, it's hard to get out of this now, but it may find a bottom in the end, i think we are near the real bottom, but that's just me..."
Ye, we need to name bitcoin technology not "Blockchain" but "Dumpchain" , its more clear now for crypto
Ye, we need to name bitcoin technology not "Blockchain" but "Dumpchain" , its more clear now for crypto
Exchanges of course, they could create millions of bitcoin in their database and crash the price to single digits if they want, that's the reason we should not use any price quote from exchanges as a valuation for bitcoin, a P2P exchange must be established in the coming years
This is normal market action. Maybe not normal, but expected by seasoned traders after such a strong run-up. Bubble is deflating...
For every seller there is a buyer. 
This is all nothing more than 50% panic and 50% market manipulation. As I said before, no one complained when the price went UP. Now everyone cries foul and heads for the door. Not to repeat myself but if you want out, dump your coins. If you're doomsaying - I'll buy your coins.
There will be another upswing, then everyone will be sighing that they sold out too soon.
Just my two satoshis.
There will be another upswing, then everyone will be sighing that they sold out too soon.
Just my two satoshis.
Maybe bistamp lost a lot of BTC and unable cover.
So they make fake buy/sell volume to push down price.
Then they buy at low price to cover the lost BTC.
just joking of coz.
Bitstamp is run by good ppl.
So they make fake buy/sell volume to push down price.
Then they buy at low price to cover the lost BTC.
just joking of coz.
Bitstamp is run by good ppl.
this is funny for you? how stupid you are..
Maybe bistamp lost a lot of BTC and unable cover.
So they make fake buy/sell volume to push down price.
Then they buy at low price to cover the lost BTC.
just joking of coz.
Bitstamp is run by good ppl.
So they make fake buy/sell volume to push down price.
Then they buy at low price to cover the lost BTC.
just joking of coz.
Bitstamp is run by good ppl.
i guess that hacer are dumping the coin who stolen from bistamp
about 10000+ btc are dumping
about 10000+ btc are dumping
Tim Draper
(lol this is the speculation section correct?)
(lol this is the speculation section correct?)
May I ask who Tim Draper is? Reminds me of Don Draper from Mad Men.
He's the gentleman that bought like 30k+ coins from the US Marshall auctions. It was more a joke since we all know he bought in at obscene prices.
long term holders and or people deciding to cash out and watch for a sec
who cares. Buy it from them if you're that concerned.
People who don't think rational. Right now it's either you are losing big or losing small. Either way you are still on the losing end.
people want gold ... so they sell BTC 
human parody ... here.
human parody ... here.Many of people still not have a faith on bitcoin yet
People who lost their faith.
People who were made to believe there is no future.But I still believing on bitcoin
It's not one person or persons. Think that there are many reasons and cirumstances. Mining is becomimg harder and more expensive
Well this is logical reason.
Plus bitcoin's security is still susceptible against hacker attack
stolen coins, plus people that dump because of the stolen coins plus panic sellers that dump because of those who dump for the stolen coin
you see a long dump chain, it's hard to get out of this now, but it may find a bottom in the end, i think we are near the real bottom, but that's just me
you see a long dump chain, it's hard to get out of this now, but it may find a bottom in the end, i think we are near the real bottom, but that's just me
people want gold ... so they sell BTC human parody ... here.
human parody ... here. Jump to: