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/biz/ - Business & Finance

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9643957 No.9643957 [Reply] [Original]

Just a quick reminder:

Kobayashi still has 130k BTC to sell :D

>> No.9643973

Nah Sminem bought it OTC

>> No.9643975
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9643975

Just a quick reminder:

Satoshi still has 1 million BTC to sell :D

>> No.9644020

Why is kurt cobain there?

>> No.9644033

>>9643957
Is that one of the Lone Rangers from X-Files?

>> No.9644049

>>9644020
Faked his death. He's the real Satoshi

>> No.9644064

BASED MAGIC THE GATHERING ONLINE EXCHANGE

>> No.9644071

>>9644064
lol mtgox sold magic cards? Thats woke as fuck

>> No.9644091

It's not this guy that crushed the market but rather the BTC futures markets.

>> No.9644108

>>9644071
That's what it started off as. Then Jed sold it to that fatass Mark, who scammed everybody with BTC

>> No.9644112

>>9644071
So Magic has an online only card game with a lot of trading, I think MtGOX was originally going to be an exchange for online version of magic but they couldn't get it right do to the work of having to keep inventory of tens of thousands of different magic cards and it ending becoming a bitcoin exchange instead.

>> No.9644170
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9644170

>>9643957
Just a quick reminder:

The bogs still have 10 million btc to sell.

>> No.9644213

>>9643957
>Kobayashi still has 130k BTC to sell :D
It's not that much. The price falls are more due to emotional reactions to him selling and people anticipating those reactions rather than him selling.

>> No.9644525

>>9644213
NOT THAT MUCH? Fucking mathematical genius we have here. Try selling a 100BTC in this market on any exchange and see what it does to the price, Einstein.

>> No.9644539

>>9644112
Magic's online trading card game is the devil. The cards cost about the same as the real ones and the market is controlled by a couple whales who control an army of bots.

>> No.9644703

>>9643957
People at major exchanges begged him to work out an arrangement, but the fucker insisted on market dumping that stack whenever he felt like it lmao.

What an absolute moron.

>> No.9644762

>>9644703
Some men just want to watch the world burn.

>> No.9644973

>>9644703
gonna need a sauce on this famalam

>> No.9645008

>>9644703
Fuck the coincucks lmao you mad bitchboy?

>> No.9645013

>>9644973
>For the record, Kraken was asked many months ago for advice on how to sell a large block of coins. Our answer was:
>don't sell coins
>If you have to, do it with an auction, which Kraken can facilitate
>If you want to do it more privately, let Kraken's OTC desk broker it for you
>We were explicit about not dumping a large amount of coins on the market. Unfortunately, it looks like the trustee made their own decision or was taking advice from elsewhere
https://www.reddit.com/r/mtgoxinsolvency/comments/82ykgu/re_the_dumpening/

Even Mark Karpelès himself advised against market dumping:
https://twitter.com/magicaltux/status/971891904286568450?lang=en

>> No.9645126

>>9644703
>have a boatload of BTC at your disposal
>can't benefit from it directly
>open massive short positions
>DUMP IT
>congrats, you're now filthy fucking rich

this fucker is laughing his ass off so hard.

>> No.9645141

fake news.
sage.

>> No.9645154

>>9645126
We're talking about Japan here. If he gets caught out doing that, his life is ruined. With this much exposure on him, chances are slim he'd risk it.

>> No.9645267

>>9645013
how is this not a fucking jailable offence

>> No.9645311

>>9645154
He's getting paid millions to liquidate Mt. Gox, anyway. And yeah, Japanese courts don't fuck around, if he got caught, he's going to jail for life.

There's a lot of FUD about him, and the process he's involved in, a lot of which is being parroted in this thread, as usual. He states on the Mt Gox site, in the Q&A, that he sold off market, he moves coins around and don't read into it, and he HAS to sell them, when the court tells him to. He has no freedom in when, and how many, he's just the guy the court hired to do all the paper work, research, and sweat to liquidate the company. He can't sit there like Dr. Evil and go "Muahahahahah, I'm gonna show those /biztards, I'm selling a BILLION bitcoins!". It doesn't work that way. He has stated, unequivocally, that every move he's made was after the court ordered him to do it - and that the rest WILL be sold or possibly redistributed, and he has no compelling reason legally to give one fuck about the value of bitcoin, or your investment in them. He didn't create this, if you want to be pissed at anyone, it's Kepeles.
But you'd know that if you actually read his statements, and bothered to figure out what's really going on, and I know very few will, and will just keep running their mouths in ignorance.
It's easier to scapegoat him, than to admit that bitcoin is slowly dying.

>> No.9645332

>>9645141
THIS
FAKE NEWS
SAGE

https://news.bitcoin.com/the-mt-gox-whale-explains-his-crypto-selling-strategy/

Newfags quit falling for this shite, do some fuckin research
SAGE

>> No.9645634

>>9644170

Big if true the pump eet

>> No.9645702
File: 895 KB, 3000x1966, harry potter.jpg [View same] [iqdb] [saucenao] [google]
9645702

>>9643975
he better get to it, looks like he's about to fall over and die any day now

>> No.9645970

>>9645332
This "explanation" makes very little sense.

>> No.9646339
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9646339

>>9645970
even if he did sell outside the normal market there's no reason for whoever bought them to not then go on the normal market and sell them for a profit. whoever buys outside the market probably gets a cheaper bulk price anyway

>> No.9646413
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9646413

>>9643957
Is anyone even going to try to stop this mad lad?

>> No.9646457

Hi peeps Iron mountain usually pays about 7% dividend. Does this mean that if I bought $1000 of it I'd get $70 every quarter? TIA

>> No.9646767

>>9643957
>investing in BTC

>> No.9647630
File: 40 KB, 500x372, 495BF059-CE1E-456C-8165-62BEFCA198C3.jpg [View same] [iqdb] [saucenao] [google]
9647630

Reminder
Panic Sellllll !

>> No.9647651

>>9643957
hey, newfags
this is fake news
SAGE

READ FAGGOTS
https://news.bitcoin.com/the-mt-gox-whale-explains-his-crypto-selling-strategy/
SAGE

>> No.9647660

jeb really left a shitshow for mark to deal with.

i wonder what's lurking just under the surface in ripple or stellar.

>> No.9648050

buy NULS instead

>> No.9648074

>>9646767
because btc clearly doesn't dictate the market, right mongo?

>> No.9648292

>>9644020
Load up on LINK with your friends
It's fun to lose it all in the end

>> No.9648449

>>9645013
Or was persuaded to market dump to delay a bull run so others could pick up the crumbs and get stacked