/biz/ - Business & Finance

>>10885698
>reddit

you need to go back

It's less than 1% of Bitcoin market cap
Relax kiddo

>>10885698
I'll buy his coins at discount to sell it back to you at 150k.

Yeah this will get bloody he is about to dumb 1 billion worth of BTC

>>10885713
>doesn't know how markets work

Oh fug it's happening

>>10885698
This dividing into subwallets, how could this translate to sales?

he's gonna buy chainlink
#1keoy

>>10885717
Good luck getting 1 billion (or even 10MM) worth of Silk Road BTC onto an exchange without any questions asked. These accounts are tracked my law enforcement around the world.

>>10885759
These wallets* are tracked by*

>>10885717
>He's about to dump less than 1% of the total supply into the market
OH MY GOD! WE ARE ALL DOOMED!

Stop being silly, in a single day people move at least 3x more than that.
And there's no way he will ever be able to cash out half this value

>>10885698
you guys think it's Ross moving his coins from behind bars or FBI liquidating?

The government controls these coins.
They are just waiting for the right time to pounce and totally kill the market once and for all.

>>10885765
He can sell on localbitcoin, but good luck selling more than 100k, and he will show the cops where he is.

>>10885759

a shady exchange like bitfinex/binance/literally any exchange except coinbase will do a swap for like a 10% fee in a heartbeat.

>>10885713

>>10885781
Probably just bought his freedom

>>10885713
fucking brainlet lmao.

>>10885759
>what is otc

>>10885796
nah. bitfinex will require KYC if you just move there 5 btc and remove it without trading activity.

owners of established exchanges are all filthy rich by now, they won't risk getting in the corsair of the FBI even if they could double their networth. just not worth it in that position.

>>10885981
as if a silkroad og couldn't fake their way through a basic af kyc request. ids are a diamond dozen

>>10885943
how will otc help washing 1 billion dollars clean?


anyho the guy isn't planning on selling. it's something differnt. distributing it into 100 chunks also doesn't imply he intended to sell any large amount. but after he realizes how people spot him, he'll def not link himself to those coins in any way.

>>10885781
>Ross moving his coins from behind bars
Ya lemme just access the internet WITH MY MIND

He's gonna slowly convert into monero

>>10885998
they can fake it. but bitfinex will 100% lock the funds if they get a call from LE, which they probably will because everyone will instantly see how the funds have been transferred to bitfinex wallet.

anyho my guess is he could have been planning to sell <100, which could probably be done through some shady exchange somehow. but there's no way he's starting a mass sell off, and whoever believes that still has no idea what bitcoin is about and where it's going.

>>10885713
kek

alt season is here brothers buy link now

>>10885713
the absolute state of this board. jesus fuck

>>10886005
I told someone my passwords

Look I just moved the internet “with my mind”

Btc is going to crash when all this is sold

>>10886005
ross' funds definitely accessed by someone. how do you think he gathered several million dollars for legal costs donations

>>10886028
but overall don't let the bears fool you. there's literally no way this can lead to a mass sell-off EVEN IF the original intent of the owner was that. which is very highly unlikely. why the fuck would you chunk them up into tidy 100 BTC pieces like that if you were planning the a mass sell-off? at most he'd be chunking them up into random amounts.

>>10886048
Not to raise suspicion?