Re: [2018-05-11] 8,200 BTC Moved From Mt. Gox Wallet, Possible Sell-Off Affects BTC
This damn idiot could care less about Bitcoin. He is just tasked to do a job and he just dump coins on the market, without any thought to
how this would affect the price. If he used OTC methods, then the price would not have been influenced and he would get more for those
coins. All our hand work just goes up in flames and he always time this dump, when the price is in a correction phase. This is f$%^& sabotage.
how this would affect the price. If he used OTC methods, then the price would not have been influenced and he would get more for those
coins. All our hand work just goes up in flames and he always time this dump, when the price is in a correction phase. This is f$%^& sabotage.
Well, they are as greedy as hell to convert their stashed Bitcoin into cash as soon as the situation permits. I am then wondering when can this whole thing be ending? This is one big factor why Bitcoin can never go beyond the $10K because when the value is nearing that point that's when Mt.Gox people will enter the scene and sell their holdings. I am hoping that maybe these people can be talked into and try to negotiate with them as to how much only they can move so that the market will not be retreating fast.