Quote from: DrApricot on September 16, 2016, 09:44:50 PM

Quote from: freedombit on August 20, 2016, 12:23:04 PM

Quote from: freedombit on January 16, 2015, 08:40:34 AM

Quote from: bitcoinvest on January 13, 2015, 10:42:21 AM

what is your point on that?

Seized and sold bitcoins are being "recovered" through drop and shop techniques on the market, pushing exchange rates down and grabbing BTC when possible.

https://www.reddit.com/r/Bitcoin/comments/4yl7do/mt_gox_might_have_been_insolvent_as_early_as_july/

What do you think the source of funds could be for this replacement (recovery) buying? Could it have come from exchanging the bitcoins purchased by Willy and Markus bots during the November, 2013 price spike for fiat? If so, that implies someone all this time must have been sitting on a rather large pile of fiat from those proceeds. I have seen in another forum speculation that these funds have been frozen by the Chinese government. This is really beginning to sound like the plotline for a Mr. Robot episode.

Oh wow. Been a while since I wrote that. The buy back was more of wishful thinking than a belief. However, I was thinking an investor wanting to help Bitcoin succeed. Someone wishing to breath life back into MtGox. Or possibly those that made the error bringing it down in the first place.

I recall there was speculation involving China. I thought it was BTC that was stuck there, but I may very well be wrong. Conspiracy theory: to spread BTC to China, an event like this had to occur, whether dollars or BTC were seized. There was not much activity there prior.

Edit: clarity