/biz/ - Business & Finance

I hope anyone involved in mtgox literally dies of the slowest form of cancer or whatever makes them suffer worse

I cant believe this shit has crashed the market 4 fucking years later again...

>My name is Bitcoin and I ruined it all.

why are you guys panicking over this pullback, btc dropped to $6k just a month ago.

better trader than /biz/ plebs, thats for sure

>>8224303
>brainlet detected

>>8224192
That guy is fucking so many people in the ass right now without lube and a condom.
Remember his face because he is the guy who took your anus virginity.

>>8224192
>Muh whales accumulating
>Muh TA
>Muh resistance

>>8224192
He and his friends were shorting at the same time, im sure.
Someone get bitmex logs.

>>8224303
half of it is newfags panicking
half of it is people having fun
third half is traders wanting to amplify negative market sentiment because larger swings is how you make money and fundamentals still herald a cryptocurrency future regardless of the timeline

I wonder how many people off-ed themselves this week, just because of this chad trustee

>>8224280

Really? Everyone knew this would happen. Newsflash: in 2-4 years the other 160k coins will be paid out to creditors. At least 50% will dump them immediately.

That will be the last goxing.

>>8224192
>everyone who lost btc gets 400 dollars per btc back
Why don't you actually read the Mt. Gox creditors meeting transcript. They literally sold the BTC and BCH to ensure that they could cover 100% of their fiat losses. This is the only way a civil rehabilitation could occur (meaning the rest of BTC and BCH distributed amongst customers).

TL;DR According to the Trustee they shouldn't sell any more BTC BCH ever. They might, but they shouldn't.

It's the world libertarians wanted.

>>8224402
>third half

>>8224192
he's going to have an heart attack like South Korean creditor.

>>8224192
They sold at the tip of the bubble, good for them. Why not sell these worthless coins when people are willing to pay high prices for them?

Waiting leads to uncertainty - who knows what the price will be in a year? Better to for mtgox to sell them now and get a guaranteed return.

>>8224428

>own 1 btc
>now worth 20k
>trustee crash it to 6k
>get my 400 dollars back
>now im worth 6400 dollars in crypto

Yeah sure everyone is happy great outcome couldn’t have asked for better.

>>8224430
>government forces X to market dump BTC
>dis iz what libertariants wanted

hope this fucker will be investigated for market manipulation

>>8224468
What are you even trying to say? I'm honestly confused. All I said was that the creditors will receive 20% of their account value and no more BTC or BCH will be sold.

>>8224192
My understanding of this is he is doing this not only to repair the mt gox losses but also to end bitcoin altogether.

The japanese have a shame society, kobayashi likely feels a need to make things right. How so? By destroying bitcoin altogether.

He probably realized this is all a swindle, since the start.

Also wouldent be suprised if he kills himself soon

>>8224438
kek

>>8224480
He would make more money by selling above market. Or at least selling a bit at a time so the market could absorb it. The only way these dumps make sense is if he and his friends are shorting, or trying to crash the price to 1k so they can accumulate again. Or both. That is the type of market manipulation that libertarians say shouldn’t be regulated.

>>8224403
Nip Salaryman Chad is best Chad.

It's a clever plan. Crash BTC to 400 bucks and pay out at that value. That way nobody can cry about having been tricked. He's paying them the Market value after all. And if he drops it below 300, people will praise him for being generous by adding 100 bucks.

>>8224262
Maybe consider suicide. You're not entitled shit, you made your choice, you got fucked by YOUR choice in partaking this gamble.

>>8224422
wrong, they've collected claims for 2 years and rejected most of them.

>>8224523
bitcoin is regulated
nobody cares
its not manipulation
its demand vs ask
time to buy cheap

>>8224467
Them selling when they did made it the tip of the bubble.

>>8224708
bitcoin isnt regulated*

>>8224445
>>8224445
The SK auditor (not creditor) was actually on "our" side and was trying to regulate wash trading and other value manipulation techniques that are not allowed in actual stock markets.

Probably (((heart attacked))) by the same people who told the Gox trustee to market dump their shit.

>>8224523
Whoever investigates the cunt will probably be getting a heart attack next.

>>8224262

This means you Rodger
And by extension all of you bcash shills

>>8224616
>The only way these dumps make sense is if he and his friends are shorting
congratulations, genius

>type of market manipulation that libertarians say shouldn’t be regulated
This isn't a normal pnd. It's a person selling other people's coins purposefully losing half their value just so he can enrich himself.

>>8224303
The utter state of /biz:

>>8224547
>>8224562
>being this deluded

>>8224403
>chad
chads don't behave like that. this underhand behavious is indicative of little bitches. not to say, his move wasn't smart, from (((their))) standpoint...
but this man is no chad... he's just an opportunistic patsy who just, most likely, made a shitton of money

>have massive stack of btc
>short btc
>sell your stack
>make money money money MONEY
why is nobody stopping him?

>>8225388
Wild west baby

>>8224525basically almost all the creditors would have more money rigjt now if he had not have even sold it to give them 400.

He effectively took away 14000 dollars assuming most held at least 1 btc still to give them 400.

>>8224653
Insider trading raping the market is not part of the gamble you chink cunt>>8224708

WILL
IT
KEEP
GOING
DOWN
OR
NOT

>>8225388
Because no regulations, cryptos have the same legal status as pokemon cards, he can short x100 all he wants.

>>8226415
Tfw i invested in pokemon cards