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/biz/ - Business & Finance

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12879355 No.12879355 [Reply] [Original]

we going down frens.
at least 50,000 bitcorn to be sold by gox holders.

>> No.12879446

When

>> No.12879458

>>12879355
120k coins will be released, and I figure about 80-90% will be immediately dumped on the market. So 50k is a very modest estimate.

>> No.12879470
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12879470

>>12879458
pls no

>> No.12879473

>>12879355
120k btc being sold by bitfinex too don't forget :)

>> No.12879487

>>12879355
thanks, just shorted 100k

>> No.12879507
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12879507

>>12879355
this is the weakest fud in a long time. 160k bitcoins distributed between thousends of individuals. those people are just common people, normies, neets etc. they won't organize any cordinated dump. some people will sell right away, some people will sell eventually, some people won't sell. its literally the same way as the market always is.

>> No.12879520

>>12879507
And the news of bitcoin being released won't cause a massive panic sell? Don't be an idiot.

>> No.12879546

So time to short then???

>> No.12879568

>>12879546
we are just larping peanut brains

>> No.12879585

>>12879520
they did, capitulation last december

>> No.12879597

>>12879355
you heard it here on /biz/
GOT to be true.

>> No.12879600

>>12879507
It's not thousands of people. It's a couple hundred at most. Keep in mind most of the accounts were from when BTC was in the 100's of dollar range so they will likely have dozens if not hundreds each.

>> No.12879604

>>12879446

not before the summer

>> No.12880097

>>12879473
bobo... my ass
AAAAAAAHHHHHHHHHHHHHHHHH

>> No.12880122

>>12879355
Many will sell, many will buy more and some will trade for alts.

>> No.12880140

>>12879600
I thought they were being given the $ value of the BTC that they lost. so if they had 100 BTC when it was worth $100, They will get $10,000 worth of BTC at the current price which is less than 3 BTC.

>> No.12880170

>>12880140
They have to return the coins or the value of the coins at current market rate. Hence the dump that's about to take place

>> No.12880377

I’m literally salivating in anticipation.

>> No.12880566
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12880566

Priced in

>> No.12880579

>>12880170
Where are you getting this info, i cant find any recent news on how the BTC will be distributed, or if they will do it all at one time.