Post
Topic
Board Bitcoin Discussion
Re: Stack sats / HODL philosophy (noob question)
by
figmentofmyass
on 24/03/2020, 05:36:19 UTC
My only concern with trading in the near future is the PlusToken scammers. Don't they still have loads of btc/alts that they're randomly going to keep dumping, thus significantly messing with price action?

they probably don't have much BTC left. in december chainalysis had definitively identified 45k BTC belonging to the plustoken scammers, 25k of which had already been cashed out. according to this march update, they've cashed out another 23k BTC since that time.

they are sitting on ~800k ETH that's been mostly untouched since the exit scam. they could certainly do some damage with that.