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/biz/ - Business & Finance


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8187264 No.8187264 [Reply] [Original]

Every major dump since December was caused in part by mtgox selling a measly 18k bitcoin

THEY HAVE 160K MORE
ONE HUNDRED SIXTY THOUSAND BITCOINS

>> No.8187277
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8187277

I don't even give a fuck anymore. Unironically fuck my shit up idc.

>> No.8187288

He got those fair and square fuck off commie

>> No.8187291

At least now we know what happened

>> No.8187315

>>8187288
not a commie but assassination isn't off the table for the lunatics that lost a shit load of money

>> No.8187338
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8187338

I unironically would like crypto to die off.
I dont even care about my loss desu. Its much more fun to see the world burn. Especially the crypto world since it spawned a legion of retards

>> No.8187389
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8187389

Hey can alts just fucking uncouple from that piece of shit already

>> No.8187391

the market is now held hostage. He can dump then accumulate the dip then dump again whenever he pleases

>> No.8187397

>>8187264
Whales are dumping crypto scam slowly. They own a huge part of the market and easily influence market price even on the biggest exchanges

>be whale
>dump part of it on market
>cause siginificant price drop
>wait for cucks to 'buy the dip'
>price normalizes
>rinse and repeat

>> No.8187416

>>8187264
Trustee only sold enough so that the creditors could be reimbursed in full according to fiat losses (btc losses converted to fiat value at time of loss: $438).

He won't be selling any more until it's decided what to do with the rest of the BTC. That won't be decided until the next creditor's meeting which is 6 months away. Most likely the decision will be to distribute the remaining BTC among creditors as BTC.

>> No.8187417

Well, two things will HAVE to happen. One, Fiat pairings will become the standard. BTC is going to be a shit base for coins until all of those BTC have been dumped. Meaning for every time there is a bull run, market fear is going to go through the roof wondering when this guy is going to sell a sliver of his stack. USDT and native fiat pairings will save what's left to save. Additionally, XMR and privacy coins will see a nuclear increase with this SEC regulation, which is essentially forced KYC for all Americans.

I fully expect a retest or below of the bottom. There was a cunt that told me $5600 was impossible to go below, but not anymore. Not that we know that every single buy order can be filled at once on any exchange at any moment. $2000 here we come.

>> No.8187418

>>8187389
Not until fiat pairings. You better hope req works or one of the other projects.

>> No.8187430

Not unless we kill bitcoin.

>> No.8187432

>>8187416
>Most likely the decision will be to distribute the remaining BTC among creditors as BTC.

Holy shit.

>> No.8187470

>>8187315
Lol, good luck. Magical tux was basically born with a katana.

>> No.8187484

>>8187389
Why is eth tanking?
It has fiat pairing

>> No.8187526

>>8187338
This.
>>8187417
This also. IDK but I've been telling you fags since january: 3K is possible. But yeah, FIAT apirs is the only way forward. Plenty of exchanges working on that.
>>8187484
Ethercucks selling to buy on this massive altcoin springsale? Jesus! are you new?

>> No.8187746
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8187746

Post yfw they could dump bitcoin to near 0 in one click

>> No.8188463

>>8187430
How do you kill that which has no life.

>> No.8188521
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8188521

>>8187746

>> No.8188543

>>8187264
No, it was caused by futures trading, you, dolt. It was well established by /biz/.

>> No.8188711
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8188711

>>8187264
welcome to the club