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57383084 No.57383084 [Reply] [Original]

I just realized that MtGOX distribution is expected to hit the market over the next 2 months, total 200K BTC.. add that to the Grayscale dumping and we could be in for one hell of a time.

>> No.57383094

>>57383084
Anybody has the link for the Grayscale wallet? I wonder how long these faggots can keep on dumping.

>> No.57383095

Its unironically over for crypto.

>> No.57383107
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57383107

>>57383095
It's going down to $3,000 kek

>> No.57383129

>>57383095
>>57383107
Not so fast niggers. Grayscale dumped more in the last week than the Mt. Gox wallets will distribute and the ETF money flow is still positive. It won't be over but A LOT of ppl will distribute. Blackrock is already one of the top 10 holders and ppl are leaving GBTC exactly because Blackrock's fees are so low. One thing here is obvious, these fuckers don't play around, they move fast and hard to take over a market.

>> No.57383135

>>57383129
> It won't be over but A LOT of ppl will panic sell
I fucking hate being dyslexic

>> No.57383158

>>57383094
https://platform.arkhamintelligence.com/explorer/entity/grayscale
Would be nice if they just finished it in one candle so we can go up again

>> No.57383165

>>57383129
Its gone nowhere but straight down for the past week. Even if mt gox has half the amount its still too much.

>> No.57383167

>>57383084
source? we are def hitting 32k if mtgox dumps together with grayscale.

>> No.57383213

Dump leading into the halving, opportunity for accumulation.

>> No.57383227
File: 58 KB, 634x604, GEg_aldbcAAiqkW.png [View same] [iqdb] [saucenao] [google]
57383227

>>57383158
thx anon
>>57383165
>>57383167
> pic related
It could be just fud but we need to be ready.

>> No.57383237

>>57383213
Exactly. Blackrock will make a killing. There's talk about the Saudis and Qatar dumping their dollar reserves for BTC into a sovereign fund that is aimed at 1M BTC

>> No.57383268

mt gox really did those niggas a favor, imagine being forced to hold for 10+ years what they would've sold at $200 and now they're all millonaires

>> No.57383290

>>57383268
true kek.

>> No.57383415

>>57383129
>(((they))) "ate" it up and they will continue to do so
see you at 10k

>> No.57383580

>>57383084
Blackrock is buying it all OTC, along with all the government coins. Then they will market sell while shorting their own ETF.

>> No.57384919

>>57383084
we told you, $10k is programmed

>> No.57384963
File: 169 KB, 1200x675, Bitcoin-down__1642510101.jpg [View same] [iqdb] [saucenao] [google]
57384963

>>57383094
They can dump us to the ground for months
550k BTC still in their wallet

>> No.57384982
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57384982

>>57383084

I am capitulating (seriously). I dont see how we survive sell pressure like this and I didnt realize the scale of the overhang until you put it like this. It will completely engulf what ever bull market may have been and by the time end of 2025 rolls around, there will be nothing over 55K if we are lucky during that time then its down only for another bear market after that.

It’s an easy, no-brainer sell here

>> No.57385217

>>57384982
it looks like i'll be slurping cheapies at 32k :D thanks for your sacrifice.

>> No.57385242

>>57383268
I've been saying this for years. I wonder how many of them just quit their jobs years ago because they know they have guaranteed retirement coming.

>> No.57385768

>>57384982

kek, nice try larry. you aren't getting my coins

>> No.57385865

they can't just dump. somebody has to buy it.