Quote from: SquirrelJulietGarden on Today at 02:40:10 AM

Less than 4000 BTC are not big to dump the market. One Binance, 173,200 BTC has been trading in 24 hours. How 4000 BTC can manipulate the 173,200 BTC in a day?

Because you can make 1 trillion in volume with 1 BTC if you have both the both and the exchange capable of handling so many transactions.
Now a simple 500BTC would drop the price 1700$ on Binance, with all those 100k BTC in volume, there is depth shown beyond that step but probably an instant dump of 4000 BTC would reach $40K.

Think of it as moving around 4l of water in a 5l bucket, you can carry like this thousand and thousands of liters of water with not a drop spilling, put at one point 6l in it and you have spilled 20%.

Quote from: tinopener on Today at 02:20:36 AM

This theory actually lines up very well with what is going on in the market

The problem with this theory is that since January everyone is claiming F2Pool was dumping coins that for it to be true the pool would have to mine all the blocks and at 25BTC per block reward on top of that.

Quote from: tinopener on Today at 02:20:36 AM

This theory actually lines up very well with what is going on in the market because on the cards at the moment Michael Saylor is about to buy $1 billion of Bitcoin over the next few days. Of course if he were to buy when Bitcoin was peaking at $58,000 then he would send the bull market into a euphoria, but with F2Pool crushing the spirit of crypto investors, his buy order will be easy to fill and when he sends out confirmation of its completion, investors in crypto have historically reacted very positively to such news.

Oh, it makes total sense now!
So F2Pool sold coins crashing the price in order for their investor to buy coins at a cheaper price and not for one moment they have thought of actually selling the coins directly to him and avoid losing money on both the coins sold at junk price and the revenue in mining.
Do you know why those guys have billions to invest? Because they don't do stupid schemes like this. Grin