Bitcoin Forum

https://www.reddit.com/r/CryptoCurrency/comments/82nud3/mt_gox_has_been_dumping_on_us_for_the_last_two/

The reason of the low price we see since December is Mt Gox, which has more than 1 billion $ left to be dumped , and this will take several months to complete and may drop the price even lower.

I think these are the times to buy, in that when this Gox dump ends, the price will go up naturally again, probably to $20k which is the estimated record of the 2018.

The only doubt i have: how low can it go in these months?

In any case, even if i buy some coins now, i intend to HODL until the mid 2019 or 2020, so i will profit even if this is not the lowest price.

But if the price is likely to go under $5k i may prefer to wait so that i get more good coins for cheap :)

What is your estimated bottom price of these Gox dump months ?

$7k ?
$5k ?
$2k ?
500$ ?

Let me know

Bro, no one will tell us what's ahead. I personally expected that from the beginning of March the market will stabilize, but we will again be presented with surprises. Let's wait for a better time. It's hard to guess what price the bitcoin will be.

i heard this news today when my friend told to me that bitcoin dumping by Mt.gox and i heard they will auction the rest of their bitcoin too in the near future and bottom line for bitcoin price probably will happened at $7k so i think i will wait a little longer if bitcoin really dropped at that price then it's time to buy back

But the best move for investors is to immediately identify a good time to invest you can't say that guessing is hard since we investors need to quickly analyze the situation and then make a move.

I am also planning to invest if the price dumps again.

We do not know yet if any more coins will be sold on the market. Once investors have been paid back then the rest of the coins will likely be given to Mark Karpeles and he will be free to do with them whatever he pleases. Likelihood is that would be dumping them but he might do that via an auction, it's too early to say what will happen

Yeah the Mt. Gox, certainly he is the most hated guy at this very moment and might be curses from all over the world. Lolz. Well im not sure how much holdings he has left with or even im surprised to know that he still holds many more and about to dump it.

I think when the price will drop down Mt Gox wont sell anymore because he will be in loss as well. Or he has got so much power that he might just rebuy at the lower prices and again start the compounding investment. This way he can keep multiplying his wealth and might be responsible for increased prices again.  :D

It depends on how low these mt. gox guys are willing to sell their bitcoins until they're done. So we don't know how low will it go because all buyers now want bitcoins price to be lower. But after that it might be the start of bitcoin being bullish. So it's up to you if bitcoin's price is low enough for you then buy now.

well hell

That's what happens when coin's only value is speculative.

bloody unregulated market will be healthy again - we will see

Woha! Hold it man! It better doesn't go down to 500 USD! That would be unrealistic and worth nothing. I mean if that starts moving down like that then people won't believe the crypto currency again ever. Most of the people are loosing money right now. If the prices go even further down then they will loose so much that they will loose hopes too.

Mt. Gox holds most of the pie and I think he is enjoying his days now. I'm sure he was waiting for this day since long and he exploded this time like anything. Good for him.

Again, this isn't the first time that an exchange is being allegedly hacked and this won't be that last. Mt Gox was probably just a big example of how a hacked exchange contributes to price dumps even after a long time after it happened.
$7k is the lowest it is going to hit in my opinion and anything lower is a sign that the dump is pretty hard and recovering is going to take a lot of time given that Bitcoin was undergoing hard times.

Though Mt. Gox has been gone for years already and the effect has just been realized when it started dumping. Problem is that they held 200,000 bitcoins which shrank the supply for years and then offloaded a lot of them effectively increasing the supply back up. Then since they sold them pretty quick it resulted to a sharp drop in price. $7,000 will not be the lowest, if they dump a whole lot more it could potentially cause it to crash lower than that. But probably it would recover.

I think the OP did not issue any predictions or analysis, everything he said was as planned. If so I will patiently wait for the price to increase again after the dumping by Gox. I do not know the contents in the link on the OP, because I can not access reddit on the browser I use. But I do not want to see the price that has been made in the OP, I just hope the fall of this bitcoin price is not lower than 7k$.

Hard to tell, but I'm starting to agree with you. I've heard those rumors as well, and like I said in another post, these dumps seem to random to be news related, or things like that, so it's probably MTgox coins being sold that is driving the price down. I have no idea how far it could drive the price down, but since you are committed to buy, like I am, you could just keep buying in small doses, every time you see a flash crash, like this one we had. So it would be like you were scaling your way down, until the bottom is reached.

Am I the only one thinking this way?
MT GOX BTC and BCH were sold over a period of 2 months, 35k and 34k respectively, on a BTC market with a daily volume of 80k BTC these days.
Isn't it such a little share of the market that it cannot explain by itself the huge retracement we saw?

I wrote a bit in depth regarding how the Mt. Gox trustee handled the "dumping" from December through February.
https://steemit.com/bitcoin/@savantpr/the-mt-gox-saga-continues

But here's hoping that individual can either auction off the remaining coins or have an OTC sell take place. A straight market sell will definitely not give you the highest value for BTC and BCH. If anything, it decreases the total potential value one might receive. If not, we certainly have interesting times ahead as Mt. Gox still has a ton of BTC and BCH remaining.

Only if there is no sense in the brains of the dumper(s), the market will fall below the previous all time high, but I don't see that become reality. My guess is that they'll let it dump below $10,000, and then have it recover back to $10,000/+$11,000 before starting the dumps again. It's no surprise that the market didn't fall below $8,345, which gives me enough confidence to believe that we're up for another run to +$10,000 levels. It might be that this is how the entire year is going to look like without anything bullish to focus on. I seriously hope a large party contacts them to buy an insane number of coins off-exchange, because that's the only correct way of selling this number of coins.

Would be the most probable prediction on how bitcoin price would be and might he be the manipulator of why the price drop and rise. But in any case he would not sell all his holdings because he will still want profit from it in the future.

I don't think he is in it for the profit since he does not actually own the bitcoins he is holding. They are just selling them for purposes of liquidating the assets of Mt.Gox and not really trading for profit. This is just to pay off the debts of the company when it declared bankruptcy. Then they will just distribute what they got from the sale. I am guessing they have everything in record and no single penny will go to the guy who is liquidating it.

You are correct in that he isn’t in it for the profit, but if this trustee had any ounce of moral decency in him, he would still sell at the highest point possible rather than letting the assets he is accountable for generate a lot less in terms of dollar amount. The trustee team behind Mt. Gox have a decent bit of work to do moving forward.

Moral decency is the last thing this trustee will think of when paying off the money they ran off from their investors. He needed to pay them off every month, and exchanges is what this dude saw fit to do the job, even if it crashes the market at his own will. Clearly he was only following orders just to be done with the job, because if he isn't, then he might have accepted the offer of Kraken's CEO to facilitate an auction for the coins. Nevertheless, the effects are already in place for bitcoin and its markets. We can only hope that it (the sold coins) would be absorbed by the demand.

Well, I don't think the fact that Mt. Gox is creating selling pressure could be the only reason of the price falling. If there's a downgoing market sentiment then it's not just Mt.Gox that should be blamed. After all, the ones holding balances at the now bankrupt exchange should be compensated.

whats that MT GOX?is there something to do with market?but never heard of that really am..prices cannot be predict since only Whales can may the market pump or dump,though this is speculation and were free to speculate,its harder for me to mention even single amount of price.what i can tell every one is be obedient and observant while doing homework here,because in just a single moment prices may do so movements

No one can really tell and predict at which value will btc land to. It's hard to give speculations but I hope it can recover sooner.
A person who holds a big portion of btc can really affect the market value in just a single movement of his funds. And we as the small holders just have to bear with it.

i don't believe that it will go down forever,the price of bitcoin is just like wheel it roll up and down,and sometimes it's rate is stable so if you have a lot of coins just wait and you can sell it if the price will going up.

The bottom is 1800 I think. I can't imagine it getting anywhere close to that figure

It is not only mt. Gox has the large amount of bitcoin and we cannot tell what is in their mind right now. Whats important is we have hold our stocks and benifit later if the price will go low. When price drops to $5k then i think that would be the yime to buy cheaper coins.

It's been awhile when market goes down badly(december-january) but not just because of Mt.Gox. But today's event is just because of their dumping strategies to benefits more from the community investors. May we not think this seriously cause it won't last for long and it will end up soon once they sold out all their coins in the market.

Yes the Mt Gox Trustee has sold off 40K of BTC in 5 stages from Dec to Feb 6, starting with 2K mid-Dec when BTC was $19K - and then with 3 tranches of 6K in Dec and twice Jan when the BTC price was about $17.5K and $13.5K and $11k, before the final sale of 18K BTC 6 Feb when the BTC price was about $9K and we had that one day crash to $6K. Interestingly the fall in BTC price on the day of each of those 5 sales by the Mt Gox Trustee was about $2-3K before recovering, and the market seemed to handle the increased volume of BTC for sale pretty well. Worryingly however the Mt Gox Trustee still has 162K of BTC in Mt Gox wallets overhanging the market, and how the market would handle a fire sale of significant amounts of this BTC is unclear. And it’s unclear if the Trustee is going to sell more BTC after going quiet for a month, but it’s the nature of bankruptcy receivers to realise all assets at whatever price unfortunately.

Yeah I think all this Mt Gox stuff is bearish for BTC, while that 162K of BTC is overhanging the market - and there will be a lot of shorting of BTC and selling it on whatever rumours start up. I think before this crash is over we will see a $5K BTC price, and we may see a $3K BTC price as a lot of good technical analysts have been predicting as the low point. But who knows - there’s likely many a twist and turn left in this tale yet!

Short term speaking it's a factor that will keep shaking up the market, but in the long term this will turn out to be a very important and healthy event. It basically means that we have one major holder less in the market.

The lower the number of major holders, the less of an obstacle single entities will or may form. These coins will be distributed amongst numerous of investors, which I consider to be a win for this market.

I can't say anything about the price, because that's impossible not only for me to have an opinion about, but basically for everyone here. We're basically stuck and operate at the mercy of an external dumping rage.

That is really a big concern since  Kobayashi ( a Mt Gox Lawyer in charge of the funds/Trustee) is still  in possession of 166,344.35827254 BTC that is $1.7 Billion worth as of the present price. Huge enough to  to make another dump.

They'd got hacked back 2011, and closed 2014. And now they've just declared bankruptcy. Its a long time frame I think. So they didnt had it back. How about those who had their funds in the site, are they refunded?

Absolutely. Kobayashi would have the ability to make at least another 10 or so dumps if he sticks to the same standard as he did from December through February. It's absolutely horrifying that one centralized individual can have this effect over the ENTIRE market.

well, because from my action bitcoins price is absolutely free then I guess there won't be harm if I'm taking some guesses

so depend how harsh Mt Gox and his customer need fiat. if they need it fast, I'd say we can surely see as low as 5k. I do not think they will go below that..
but market will recovering very long time after that, maybe 3-4 month . sure I could be wrong, but that what I think

I don't they will dump all at once and cos price to crash.If the price falls,they will also lose.They will drip the stock slowly,as they are already been selling from last few months.But only now it has been informed offocially

But what was the price of a bitcoin when the Mt. Gox exchange closed? 

 Cause in his eyes he is selling at a premium and could actually get close enough to pay back a good portion of what is owed unlike most bankrupt and shuttered organizations.   If you only had a million dollars to pay back creditors in 2014 and it came due in 2018 after litigation....You'd have a million dollars.  With bitcoin,  that million would be worth more than what you owed.

That's why they can afford to sell coins below their real cost, as the price went up so much that they would make big profit even selling at $3k now.

That's why these auctions they are doing may drop the price for a few months.

They key to win in crypto trading is patience.
Buy and resist one year with your coins, and you will profit.

The truth is, everyone was selling in December. That is why the mempool was so full - everyone was trying to get their coins to teh exchange to sell.

I feel sorry for this poor trustee - as usual people like to find scapegoats.

From your link (GoodGuyGoodGuy (https://www.reddit.com/r/CryptoCurrency/comments/82nud3/mt_gox_has_been_dumping_on_us_for_the_last_two/)):
From February 4 to 5, the price dropped from $9000 to $6000. Now let's assume 10,000 BTC were sold for $8000 on average: that means someone cashed $80 million. The daily Bitcoin trading volume is around 100 times more! What I'd really like to know, is why such a small sale can have such a large effect! Is the "normal" trading volume just a bunch of guys trading back and forth all day?

---

I've been thinking for a very long time Bitcoin prices are heavily influenced by manipulation. A whale sells a lot, price drops, the whale stops so you think it goes up again and start buying. At that point, the whale drops the next batch.

Eventually, this lowers the holdings of the whale, and gives more individuals larger amounts of Bitcoin. At some point, the whales get less influence. And the former Mt. Gox investors could use the dollars they receive to buy Bitcoins again.

I'm actually hopeful if this really is the main reason Bitcoin is dropping. The whale-dump will end at some point, and when that happens, Bitcoin will go up again. Just like it bounces back up after every drop already.

The media hype about mt.Gox dumping bitcoin has done more harm to the price of bitcoin, personally I belief the price will not go above $9000,  the era of the whales dictating and controlling  the price is gradually weaning, I so much belief the price will recovered honestly there is an increased in the numbers individual holders of bitcoin daily.

We cannot know his rational for selling on the open market instead of a private sale or auction but there has to be some reason. He is being paid a substantial amount (I think about $3m) but it is not in bitcoin and is not dependent on how much he sells the coins for.

That's right. not. good would have ways to liquidate out of market. Risking causing a sell off would hurt their funds and obligation to creditors.

The fact that he is being paid a substantial amount does not mean that he must have some rationale for selling in the open market, or that he is doing a good job. If you have a management whose objectives and pay is linked to the performance of the Company, you can be assured that they will do what is in the best interests of the Company. A liquidator who just has to sell assets and move to the next job - I am not sure. He has a fiduciary responsibility, but if he does go wrong, nobody is going to sue him.

I don’t think the price of Bitcoin will drop below $5000 and I don’t really think it will get that low. I know anything is possible but I think the high costs for mining will keep the price from dropping too low.

Even a drop to $5000 will be significantly lower than the all time high of around $20,000. The one positive from all of this is the cheap coins we can now get.

Just to clear up all the non-information and misinformation in this thread, Mt. Gox isn't doing anything because Mt. Gox isn't operating any more and isn't in control of the coins. Mt. Gox is in bankruptcy and there is an administrator in charge of the assets that has been appointed by the court to represent and act in the best interest of all the people Mt. Gox owes money to. The administrator is selling the coins to pay bills and creditors, and it is done so with court permission. Nobody has agency to decide for themselves what coins to sell or when, everything is with permission of the court only, and it is not expected that all the coins will be liquidated because Mt. Gox can repay all its creditors with far fewer bitcoins than they still have in their possession because the btc is worth so much more now than it was when Mt. Gox stopped functioning as an exchange.

Hackers attacks as well as Mt.Gox liquidation affect bitcoin prices undoubtedly. Still, its price went up by 5% today, that's a good start. Be positive!

Just a thought: what would happen to the price if someone decided to sell 1% of all the gold ? That's worth about $75 billion at current prices.

 :o

Does that mean we'll have a few months of suffocation? I think that after reading this post I will seriously consider selling my altcoins and staying in the usdt for a long time while I wait for this crisis to pass, it would be wiser because a $3000 drop is something very bad for me that after having bought a lot for price of  $900 I was buying for the price of  $3000,  $5000 and in much higher values and if it drops to  $3000 I will be with huge losses and as I do not know if these powerful guys can dump their bitcoins even more, then usdt becomes the best alternative temporarily... I'll think about it



Why the hell did you have to post this option?

First of all, if i were you i would just hold for various reasons:

1- USDT is a scam, they don't even give you the guarantee you can cash out (it's written on their site). This implies that if everybody one day wants to cash out USDT, chances are they don't have all those dollars. So USDT it's not exactly "safe" like FIAT

2- In any case, you should have invested the money you can afford to lose, so even if you lose the money invested in Bitcoin, you should be able to keep living. So i don't see why you panic for so little. You already know that if you HODL 1+ years you will profit heavily, so why don't you just wait one year and avoid wasting time looking at the graphs? You save a lot of time and you profit. Win-win for you

3- $500 is very unlikely, yes, but the Elites want to cause panic to make people sell and give them crypto at a cheap price. BTC will become crazily costly in the years to come, likely around $100000 in the 2020 and they want to profit from this. They are late, as crypto is already  expensive now, but they still want to solve this problem by making the coins cheap temporarily, so that they buy low.
It is possible that they will be spreading panic news and temporarily make the price drop heavily, i cannot exclude that, but keep in mind: it would be just temporary, a matter of weeks or months if you are unlucky. Crypto is the future and will be a boom in the decades to come. If it were a bubble, they would not make efforts against it ;)

This strategy explained in point 3) is similar to what they do with poor countries like Ukraine. They caused the big crisis in Ukraine , and now guess what are they doing? American bigs are investing heavily in real estate in Ukraine at a very cheap price now, they are like colonizing it,
 so that they will profit one day when Ukraine will improve naturally and the value of the houses and terrains there will skyrocket.

p.s. yeah ok, when i indicated the $500 price i was exaggerating a bit. But honestly i would not be scared if it happens, i would be happy and take advantage of it by buying low! Because i know it's just temporary and artificially made by the Elites, and in any case the Bitcoin will be in the hundreds of dollars in less than 5 years

Oh yes, sorry if it was not clear. That is exactly the point I was trying to get at. The two statements were not meant to be linked in any way, just two responses to some discussion I quoted.

That's where I think they made a mistake in giving him his remit and pay but I guess it's also not within their interests to preserve the bitcoin price. If he was being paid in bitcoin then he would have a much bigger incentive to sell in the most friendly way possible for the market price.

Good news is that, the next court proceeding for Mt Gox bankruptcy won't happen until Sep 18, 2018. Before then, Nobuaki Kobayashi will not have authorization to dump the remaining 160k #Bitcoin $BTC on open market.
Nobuaki has sold enough #bitcoin $btc to cover creditors' losses over Mt Gox insolvency.

Civil Rehabilitation may see remaining 160k btc distributed to the creditors themselves.

Link to court doc from Mar 7: https://t.co/m1LT7UN932

Full post here  please read : https://twitter.com/8bitandstuff/status/972264481433600002?s=19

Yes, this was good news to hear. Perfect timing too, the market usually trends upwards in the Spring and Summer after looking through the past couple of years.

Isn't this kind of thinking exactly what whales want? Give up your holdings for little money, and when it goes up again you'll have to buy back at a higher price?
I didn't sell at $20,000 in December, and I am for sure not going to sell for half now!

this is a temporary fall. worry not worth it, below $ 5000-6000 will not fall. At the end of March everything will be okay

This is exactly the minset of a “whale”. They enjoy buying crypto at bargain prices to either hold or resell for ridiculous gains after a number of months. As one other user mentioned, we will be fine within the next few weeks.

It feels like there are buyers on the other end when these price dips and corrections occur. It does seem bearish at the moment though and we'll see what the next 1-2 weeks hold

Not only that, but it's also the fact that he's talking about Tether, which is just another altcoin in reality. If Tether at whatever point implodes, he's stuck holding worthless tokens that no one wants, and where even exchanges might instantly distance themselves from Tether. It's the risk of selling because of how a whale plays the market, and the risk of having something (Tether) that can become worthless instantly at any time of the day. I would rather hold an actual altcoin to wait for everything to calm down, than having to go with Tether.

Its all on hold right? How can they dump it if there is a problem getting it out.
I dont think that will happen this year. I dont see it going down to the numbers that you've said but might be playing with 9k to 10k dollars for now.

If this is true then there will be a lot more that will also dump with them to get the profits that it will give after the price down. Or they can be buying more afterwards.
This is not good news if proven to be true or if it will really happen. Panic will come again.

You will find them going out of their doors when dips and corrections are being spotted.
$500? LOL that was damn too low, a whale wouldn't even allow it to happen if he's going to dump his btc.

In this season bitcoin getting down can i have the information that why bitcoin getting down?

Bitcoin price will likely Surge as Mt.Gox Sell Off Paused Until september according to this article - https://www.newsbtc.com/2018/03/11/bitcoin-price-will-likely-surge-as-mt-gox-sell-off-paused-until-september/. This is a good chance to Hold until that time comes when he decide to sell his Bitcoin again.

Never thought that Mt. Gox is behind of the big sell-off that makes the price of Bitcoin quite low, and it continuously dropping since last December. I just hope that this end now. We are making bad impressions for the new comers, is this normal that is happening in the market of cryptocurrency? It is very alarming. I hope  this is the last drop. Getting afraid now what is happening. I just hope that it stop at 8K and rise again.

We cannot expect anything .. maybe he was dumping Bitcoins to get some amount in pocket and he doesn't wanna dump all.
Or Maybe he is through with all this.. well either way we don't know anything and we cannot expect to know too since there is no interview that we could see stating his opinions.
Ups and downs will continue but it will never fail to surprise us

I already heard of this news recently and I think it is one of the main reason why there's a bearish trend happening on bitcoin market. So, I really think that it will surely take a lot of time before the market recovers. Whethet the news is true or not, we all just have to be patient since there is nothing we can actually do if bitcoin price will surely decrease.

Yes, I do not doubt about it, bitcoin is experiencing consecutive disadvantages in the past. After the recent events from China, India .. Every thing gets worse when Mt Got sold large quantities of bitcoin stop production.
Bitcoin prices decline but not the first time it is in this situation. Compared to previous years, bitcoin prices were okay.This is a real challenge and also a chance, keep what you can to keep the bitcoin firm and back.

there are many speculations that we heard and we can see that the price is down too deep now and although we are not sure what will happen later, I think if he wants, he can sell his bitcoin and it will triggered the price go down deeper and this will makes many of us become panic. but I am sure we can use this moment to buy back the bitcoin with a low price and I am not sure that he will sell his bitcoin for just making the bitcoin price get a dump. I think many people still want to make a lot of money and I am sure that he wants this too and he will hold his bitcoin until the price increases again so he can make another money.

Holding until that time is still a speculation and he has not come out to say he would stop dumping on the market, which I believe is the reason why traders are still on the sideline trying to see how things turn out, so all we are doing now is assuming that since the next court proceeding is till September, he may want to hold off till then.

Also, even if that happens, it won't still change anything much in the long run, unless he is forced to do his bullshit transactions over the counter rather than dumping on exchanges which is not helping and he must have been so dumb to think a huge sell off like that will not affect the market generally.

The smart ones are investing when the billionaires are dumping. With so many crashes I don't know while are people still doubting the returning price of the Bitcoin to the value it had before the specific crash. Even if it is kept as a secret there is actually no secret in telling the world that the rich people are dumping the coins for their own benefit of investing again in the same coin.

This way they are manipulating the market because they have the power to do so. The dump is currently over and the ones who have reinvested at low prices can be proud right now. A current value of their coins is currently going through the growth process.

This Mt. Gox news isn't the only reason that the bitcoin price has been struggling to grow so it still remains to be seen if there will be a surge in the price (assuming he is done selling for now). I do not think that it is a case that he was dumb enough to think a huge sell off wouldn't influence the market, I feel as though he probably just did not care.

Mt. Gox dumping has adversely affected market now, as we all know when Bitcoin goes down it pulls all alt with it so in short the withdrawals has affected whole market. So, when can market regain its value again ? No one can answer this question for the while we have saw very bad time in the last couple of weeks and bloodbath is not stopping till now. All we can hope that investors and people will push its value towards new heights soon.

Yeah sure! Absolutely, the market was due for a correction anyway after the bull run that almost punctured the sky.  :) but the way he went about it, kind of made it worse and gave traders the perception of a crashing market. It is good for the bears though, at least chance to buy in more and even after that, with the market holding up shows strength.

I would not be surprised if he care less, after all, nothing good ever came out from any MtGox act. If he is not a thief anyway, why wait for the top before he started dumping, when he had the chance to have spread sell orders during the bull market?

Let MtGox Trustee drops for all we care, if the value goes down lower, which would give us a chance to buy more. No one can say how low it is going to get, but I also believe that whichever way, what will be would be. So far, I really want to see how the market is going to be responding in few days’ time, but I feel we may end up going into a consolidation period for a while, which would not be a bad idea anyway but asking us what the price will be, I guess you are asking the wrong people.

Many of the billionaires are doing that kind of dumps for their own benefits. After the dumps, they are reinvesting in the Bitcoin and gaining the huge amount of the profit, This kind of market manipulation is obvious to the experienced sellers which are joining the dump when it starts. I would personally like a little less of market fluctuations because the Bitcoin is far from the steady currency. I only hope that the value of the Bitcoin will reach its potential in the future no matter of the billionaires that are crashing this future potential.

He is not through and he still has so much more to still dump but we all do not know if he will eventually do this over the counter, or he will still keep dumping. It is not about him wanting to dump all, as that was the main idea, apparently you have not read about the MtGox issue, so this is not a one man's money, he is just someone who is not smart and feels he can just start dumping all that is available which could have actually crashed the market.

Can anyone share information about their wallets, so we can monitor if there are any moves.

However, such amounts can be traded off-market. For example, selling only access to the wallet.

It feels like this guy is using Bitcoin as an ATM now: whenever it bounces up a bit, someone sells off enough to make it drop further.

Nobody in their right mind buys second hand private keys.

Once again, if he hasn't been told that he should go OTC, his life is at risk. He is either stupid, insane, or accepts the risk. Big Bitcoin holders may get extremely pissed off at this amateur hour shitshow, and im sure someone is willing to "get things done" with this guy, if he intends to dump $1 billion in the open market. The situation could be solved easily by contacting a big buyer OTC, but if he keeps attacking Bitcoin, he may find fire back, and some day we may wake up with some news about how Mr Kobayashi had "an accident". I hope things don't have to reach that point, we all want things to end well, but this guy it's cooperating. I don't have much BTC and this is already annoying, imagine if you had a big fortune and a single guy was needlessly making your portfolio go into the trash. Not cool.

It's scary that one entity can do all this. Makes me fear what banks might do, since they can definitely profit from shenanigans.

Well, if banks want to do this, they would need to first own 200,000 BTC... so that would pump the price too. They could create fear in the market by pumping and dumping recklessly, but that would be short lived. Long term, the fundamental remains: 21 million coins. It doesn't matter how much you shake the box to create chaos, ultimately the order remains, they can't change the rules. This is why Bitcoin is the best long term investment, because they cannot change the rules. The can change anything else, except how Bitcoin works.

After some deep analysis I found out all Mt.Gox addresses where are remain BTCs founded in so call "lost wallet".Also I was able to identificate all selling transactions made by now and exchange where it happened.


Here is list of Gox wallets where remaining BTCs were stored:

https://www.walletexplorer.com/wallet/024cbb2c975d35b6 - 34215 BTC
https://www.walletexplorer.com/wallet/034d79b931e0414d - 32590 BTC
https://www.walletexplorer.com/wallet/039831609a0f0744 - 34423 BTC
https://www.walletexplorer.com/wallet/07b35b3d9f1166c2 - 34138 BTC
https://www.walletexplorer.com/wallet/069bf1296e5fd4a1 - 34500 BTC
https://www.walletexplorer.com/wallet/04cddc81214a1cf7 - 32240 BTC
--------------------------------------------------------------------------------------
Total: 202106 BTC remained



After some time BTCs were moved on numerous addresses,where each one contains 2000 BTCs. Here is a list of these addresses where these BTCs are stored now:

19c8sUa54yQuRTVDfJa3iDkkCaFkzBJLPB - 2000 BTC
1HdKXsNQtzDcfB6PGM7DWTgX9vhBWsz1ak - 2000 BTC
1MvpYtqgBH7CXbTutrSVCTNHPzm9vakuRy - 2000 BTC
18M1Z337NqLtK9V69bssnQUYsvb7hmfSFS - 2000 BTC
1NA3Tj4b1jtx9eGELe31Jw4DrzTqKP3ayH - 2000 BTC
1BXyJc6BVuTFnHQCcjiWX2xmCPNVfaSZeb - 2000 BTC
1BzK87zuqidZn489Wb2oLSktrjKrX7TLKe - 2000 BTC
14p4w3TRCd6NMRSnzTmgdvQhNnbrAmzXmy - 2000 BTC
1KFDUSZuapMv7YaDmL6cyrHTQhma1MtFYs - 2000 BTC
1DedUxzgwErg4ipNi988wPgLk5thwciKcc - 2000 BTC
1Pq7hooZbEAz5y3QMnqFY8C5xqTdrjUwcA - 2000 BTC
1FhRuUkk8Bfx8FJDemtxhKAR4F8GCNKrXG - 2000 BTC
1Drshi4RAuvxk4T6Bkq959ZvLbvy7b1wvD - 2000 BTC
13xGCc4TPSYY9GYxBGVNox82KxyjkFnxMX - 2000 BTC
1Hb8DmmvvtTYv5RBLuGtDxznkZwVpd5Vjy - 2000 BTC
13ahgw8sM95EDbugT3tdb8TYoMU46Uw7PX - 2239.87 BTC
1EiiKCCnFgHjEvPZdu29qqgdBm8zTvpU3U - 2214.87 BTC
1LXi3x7hyt17cxncscGE887WCrC6XDNZ4P - 2000 BTC
155FsTtEFq4eGCcBxDseuwLKPbmtWbyHJR - 2000 BTC
1AZu7TQmKBAes2duNDctYwjAB9nhHczUnA - 2000 BTC
1Fu4YgM3Y9CxvioGPqkSzkydAC8MVaPN1D - 2000 BTC
1439q4Na8v88kPBqoyg8F4ueL9SYr8ANWj - 2000 BTC
18KDS3q6a4YV9Nn8jcyMvNoVPfcrfemeag - 2000 BTC
1Hm6XDmhKCHz68wDEYTapN9MEanke8iwUk - 2000 BTC
1EK8vW7UYaYHKiW4TZmYJKtwcZLM14VjvP - 2000 BTC
1B6kJM75iu5ty1HAHMMz6tT1HhjoGNTCa9 - 2000 BTC
1CRjKZJu8LvTutnSKq4zTJ4yiqrzMAArYW - 2000 BTC
16W4XcUAKPmSES9MiUCio28msSCp8rDZgs - 2000 BTC
17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7 - 2589.87 BTC
18ok25NTkdrUzdByFJCNVsqVYkujZ8aP45 - 2000 BTC
1JVU43LNKXqa9W5fCh8tppxDDEWgfeNg46 - 2000 BTC
1JVU43LNKXqa9W5fCh8tppxDDEWgfeNg46 - 2000 BTC
18hcZVFPqDNAovJmb9vA6hEJrDz6uWXNGh - 2000 BTC
1HweN9p41BY2RBunsPqyVuheEq7gVoxA9u - 2000 BTC
16w6sZBDP58yyeyZAcvnxcEGJpwR9amM6g - 2000 BTC
19Cr4zXpKw43xLJhFZW9iv4DDNtQk2TDeB - 2000 BTC
1C5aU4Xnpd3txbxehk46UZgiuNB8QdpHCH - 2000 BTC
15kNZcrhxeFZgVVLK2Yjzd69tRidbFdJEZ - 2000 BTC
1Ar6meJQCkNoC9wnPcyRNNpzX5fBDaGcKd - 2000 BTC
17etv2L3nhk6SCcWSNW4eoZkBy84izAm17 - 2000 BTC
15QcKCa84ZCHxbsqXDoKhi5XbmQB8jPEAd - 2000 BTC
1MkyfwJf7uhWTmVGGQXfcT5ip31DoHMxsz - 2000 BTC
1JVmoJT3471FjsX5H4hAeR1RyrDgpkHbpm - 2000 BTC
1LS5EFRRMDgMQusW6zokQUHjzNUfy6HHCQ - 2000 BTC
199Yxz2TJGtND3QKsHTptTJivqSaUZBvku - 2000 BTC
1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD - 2422.87 BTC
17Tf4bVQaCzwWrDWGRPC97RLCHnU4LY8Qr - 2000 BTC
13sXfpp2V16nnxYvW9FHHoBdMa3k98uJw8 - 2000 BTC
1JztCg7eKSkb1vi7NzGJynXpLZmoaFtYud - 2000 BTC
13dXFMyG22EsUsvaWhCqUo7SXuX7rBPog6 - 2000 BTC
13Wv5hGhubAWgSPWtXYh6s1s7HX2N1psYg - 2000 BTC
14mP6caC5dFhHdVAPCjPKM8Nm36MBDR5pM - 2000 BTC
18YDgRhxsomuBZ1g9d8Y1JuRmxDhF8Bvff - 2000 BTC
1GyDutntMuYyA2vQGW5HFcKLfx4cbDdbJq - 2000 BTC
1N5X4kcZ56uRh24XrZoztS9Vb8G7j1Joop - 2000 BTC
1JtgU6Uo1RAt5eiMf34EehyatUezBQP36C - 2000 BTC
16jZZkMYqjUWUtQ9DfDvHdH5ko5BcnH9XQ - 2000 BTC
1HuPVqz2xvf1rdNFUqd62vRTyxP3jeX9Ch - 2000 BTC
12KkeeRkiNS13GMbg7zos9KRn9ggvZtZgx - 2000 BTC
1H4K3dGfNbAN4AUfyUrpkGpjrd83sntDpV - 2000 BTC
1HzEPuenagLEWj68igDXBBXrzc293RuR5V - 2000 BTC
12T4oSNd4t9ty9fodgNd47TWhK35pAxDYN - 2000 BTC
195HvmjXgoF3M5vFaBC8swZPhwrE7VhxRD - 2137.87 BTC
1Mm9brripN4RPTzkGnRrbt5uDWdqbfk2iX - 2000 BTC
1LzwbLgdKd4eFLkpRdeajkH1YJkVCip2zj - 2000 BTC
1MPJJzRaT8vLhowNB4dVyWRxxu79dq7WkB - 2000 BTC
19eihBKk6e5YD2QXAe4SVUsxRLLnTDKsfv - 2000 BTC
1CZsoJfkknbnW5fKrt1oR7N1ALE5WmDGP1 - 2000 BTC
1GkZQcDy8V6pmHFZqUBUBCnN9dc2hoWasD - 2000 BTC   
14USZ558Rr28AZwdJQyciSQkN4JT1cEoj2 - 2000 BTC
15SeCwVCFx5cWyrcdD1Zp1D1zxjH2SELPg - 2000 BTC
15U4VsmWG1cdXAtizvQsW4r7iMxzp64Tgu - 2000 BTC
1BDZBTb4KE5oq6wAgA6EvAe3uCFRrAbPao - 2000 BTC
1LueUjEuBgc7cQhsWT8zAfTjcWmrNBZXaR - 2000 BTC
1FrV9hv1AW34BGJvobJatyzUWYDWB9epRW - 2000 BTC
156HpsWfgkWYLT63uhTAGUSUF3ZMnB9WWj - 2000 BTC
1HX4s3JeFU3x1eQgPNQVAdx6FoCtbb1hr8 - 2000 BTC
19KiFrafXEyJCUDYFEv3B6tBUwyfFo7kNU - 2000 BTC
1PRXQEoL8vzEzoJJ9hbtAP6NaV2daccAUn - 2000 BTC
1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu - 2499.87 BTC




 Here is a list of wallets and addresses where were BTCs which are sold from December 2017 till now:


1PwETHgRoVLdoL3TsMPuMGNVjKZCSie3kH - 2000 BTC - spent
https://www.walletexplorer.com/wallet/28c42a1e0b94a5cf - 8000 BTC - spent
https://www.walletexplorer.com/wallet/18571bf81dce70a0 - 18000 BTC - spent
https://www.walletexplorer.com/wallet/290a8d043b51908e - 6000 BTC - spent
https://www.walletexplorer.com/wallet/3cf7835edb1e1a76 - 6000 BTC - spent

In total 40000 BTC were sent to exchange,but not all of them were sold.
All BTCs were sent to Bitflyer exchange.Due to way of transactions handling,there is no doubt,they had technical assistance from Bitflyer.

All BTCs were sent on these addresses: 1MaUVgXCgdXLkmXwQ4WDek5yaK86zYXw2q (16000 BTC),   17wwq5PYiimNxCTfSydWu55aXjpDsXF21W  (1956 BTC)  and   1A4WkrgES6tfWCkx4rLbpKrweGeQkRXMy6  (22044 BTC)



List of dates when selling occured  and amounts involved in that:

18.12.2017 - 2000 BTC - Bitflyer
22.12.2017 - 6000 BTC - Bitflyer
17.01.2018 - 8000 BTC - Bitflyer
02.02.2018 - 6000 BTC - Bitflyer
07.02.2018 - 8000 BTC - Bitflyer
09.02.2018 - 10000 BTC - Bitflyer
Total sum: 40000 BTCs

The cryptocurrency market is dominated by wealthy speculators. The bad news and the deliberate push down prices of many investors can make the market fluctuate in the next time so I advise investors to calm down during this time, do not panic to sell Take your crypto and then buy it at a higher price.

Agree, I was wrong with my assumption...

So does this all mean they are just making the price go down? So they still hold all those BTCs?

in the marketplace who have the money they always makes the little more money headaches. but not so shaken the will, by market not determined by a hands-dumping that it depends a lot of other things. perhaps dumping is an idea of those who have more money. must accept only

Yeah, read this news also. This is really sad to hear that this is because of this hacking. I am not sure whom will I mad of, mt gox or the hacker. But I know mt gox don't like what happen but they have they flaws also for not hiving their site the best protection. And for the hackers the karma is always around so just wait for it. For the price, yeah I ma expecting it also to lower its price. This is kinda annoying because I hold my bitcoin knowing it will reach in much higher value. But  I guess I have to wait again. Maybe in the end of the year we can see the real increased.

No doubt that they are contributing to price fall,but far from that they are major factor.They sold about 40000 BTCs for 3 months.For the same time period 162.000 new BTCs were mined and sold.I think that price would go down even if they did not sell 1 BTC,but the fall would probably be smaller for about 25%.

Hope you guys understand that it's just a Fibonacci levels fight between market makers and their bots right now. Little to no human trading is happening. Bad news is it's pure manipulation. Good news is, market makers are still playing their games which means we'll be back to bull sooner or later.

Well after they exhaust all of those BTC they have in storage then likely prices will start going up again. Just basing what is happening right now, if they have dumped that much bitcoins and the price is still stable at $8,000 and above I do expect the price to really go up when they are done as the supply will again be a lot more stable unless satoshi comes back to like and sells his 1,000,000 bitcoins.

This is all about price manipulation and stay calm down during this time. If you can do not panic to sell and hold it out.

You make a very good point here. Not only is 40k Bitcoin very small compared to the total trading volume, it's also small compared to the number of newly created Bitcoins.
I think it's safe to say the Mt. Gox dumping has some influence, but the effect from the FUD it causes is much larger than it's actual effect.

Whales will be dumping bitcoin more and more now , they need lowest price like 2-3k to start buying very easy and silent step by step to get in positions and after they will start pumping again.

at this time bitcoin prices are getting worse, now bitcoin prices have reached $ 8,800 I do not know after this, whether bitcoin prices will rise or the price will go down, I really do not know with the current condition of crypto currency.

It surely has an impact on the market, but at the same time it's quite pathetic. People let themselves get controlled by something that shouldn't be able to cause any damage to the market at all.

If they just acted in a way they were genuinely caring about Bitcoin and the victims they supposedly are selling their coins for, they would have sold their coins in the way they should be sold, and that's through OTC.

I am fairly sure that they sell on exchanges because it allows them and their other criminal partners to dump the market down, and thus are guaranteed to buy Bitcoin privately on much lower levels.

They sold their own coins at the top, used the MtGox coins to tank the market back resulting in a massive correction, and they at a later point bought back. They made tens of millions over the back of innocent people.

Maybe I am wrong but in my opinion bitcoin price at  $7900 is lowest price this month. If bitcoin price down more than $7900, i think maybe headed to $6000 . But hopefully after $7900 bitcoin price will go up again

In my own estimation of the price trend it would fall until it goes to 7k$ most probably that lowest price for 2018. The i guess this dump most preferably the same with the last drop last January. It will be back for 1-2 weeks.

Yeah, this firesale is annoying. It might kill a lot of altcoins (if it hasn't already). I'm seeing stuff that used to be a dollar pushing 3-4 cents right now which is causing problems for development because founders aren't able to actually fund their developers at these prices. I think BTC is gonna hit $2-4k but I'm not shorting it. Rather, going to buy on the way down and stay away from most altcoins for now. Hard to tell if they'll be able to survive (aside from Dragonchain due to Disney money).

Fucking trustee is being a giant dickhole  :-\

Don't you think that it is the time the market is giving some clear signals of buying and holding ?
Bitcoin is fluctuating and apparently Mt. Gox trustees are the reason , so this might be the time we need to buy until the market recovers it self completely again and the trends are back to rising everyday . Before the entire sell off , it is best to buy and do not even think of selling because that would only lead to some regrets.

Hacking was never the problem and that was just by the way and a coincidence. It was not even a hack in the first place and binance explained all of that and good they were quickly able to halt that.

However, this MtGox guy was just really busy dumping on the market and really, at some point, I just got tired of trading because as you keep expecting things to change, then all of a sudden you see a huge dump coming which with what he is dumping is not small at all and could easily have impact. All the same though, I am really looking forward to him offering it to me at a cheaper rate.

Yeah, its a clear sign that instead of panicking and selling our coins, why don't we buy more and accumulate? Perfect sign for me. As for the Mt. Gox trustee, he is really stupid for offloading such huge amount without thinking the impact of his actions.

Or maybe his intentions is to clearly bring the market down so they he or maybe some big entities that he is connected wants to buy and invest again at a cheaper price.

Here, you can monitor the coin movement:  http://coindata.info/mtgox.php. I'm not affiliated whatsoever, just a tool created by one of our members: https://bitcointalk.org/index.php?topic=3100094.msg32325995#msg32325995

If that is true that the crash is due to the MtGox dump, that's paradoxically a good news, because at some point those coins will all have been sold and the bulls will more than ever have a free way for their run.

There's certain articles state that MTgox really do the dump but I totally don't care about it since it good thing they dump for this state and this is a good sign that theirs no huge fuds will came in future that can kill the future ATH. But let's keep our eyes on the track so that we wouldn't miss the train and buy more cheap bits today.

I think there is truth to this rumor because bitcoin's price is driven by supply and demand. If it is true that a Mt Gox associates had sold a substantial amount of bitcoin then it could be the reason why we are having a bloodbath. This could not be the reason to panic because we can counter this one by buying bitcoin when the price becomes low.

I agreed with supply and demand. Also, people are taking their profit from the Bitcoin's all time high price. There is no one knows the bottom price so don't listen to anyone. Bitcoin is worth what the other people are willing to pay.

yes, the bottom price could happen in anytime and in any price and it is better that we analyze by our self so we can predict where the price wants to go, at least we can make a prediction for the price than listening from other people. I heard about that news too but I don't think too much and I only believe on what I see in the market and I will try so hard to make money.

Oh, great news, and that is apparently what should bring some light back into the market. I wonder why this is not being sold off the counter rather than dropping it on the exchanges, but I guessed now that it has been paused, we should see some movement pretty soon and see where the market leads us before September. At least, they have been able to finally tame him. Thanks a lot for sharing this news.

Yeah, the punk Trustee has been the one doing a mass dump on the market and sometimes I always end up feeling this was actually a deliberate act to crash the market. That has been a huge sell off for a market that was due correcting anyway and with the whole FUD that has been going on about the market crashing, this apparently fuelled the whole sell off by investors. That guy really needs to be chained.

some of them say that the news is a lie but I think this news is effective for the breaking of the bitcoin by the way, if this bitcoin is sold it will surely be a break in the market. hope will be gathered as soon as possible and it will come to itself.

Mt Gox dumping is one of the reasons for the bitcoin price to slip down. There are many reasons like Ban of bitcoin and other crypto ads from facebook and google, then you can see that countries like China shut down the ICO's and their respective exchanges. I agree that Dumping from the Mt Gox is the Major and bigger issues than others. But we should not forget that government is taking steps for managing those leftover dumping of $1 billion amount. I came to know that they are not going to dump those leftover amounts till September 2018 for any reasons.

waw i still realized the thing had happen
maybe drop into 7k or 5k
realy nice time to buy it again, i think the old holder was going to get out their bitcoin

We couldn't really tell how much cheaper it could get because of the Mt. Gox dumping,
So for me I think the best thing to do is trust your instinct and buy some when you think it is the lowest price.

If you do not have second thoughts about the btc price of future rise than I would suggest that on every dip keep continue to buy as the market moves from this range bound it will rise like a wild fire and then every one else would regret of not investing in this range. So it is your risk that you will be rewarded for.

Mt. Gox sell their BTC for a bargain price and Only God knows when that price will be established.

Price will clearly go down right now :-\
Bear market.
There is no time frame, when it will end

I'd be weary of making a habit of doing the opposite of what billionaires are doing. There's a reason they are billionaires and you are not. Intentionally doing the opposite of them seems like a bad idea. If a billionaire is making a financial decision, they probably know more about it than you do. If billionaires were fleeing bitcoin (and to be clear, there's no evidence to suggest that's the case), you'd probably be smarter to follow them rather than try to stand defiantly in their way.

Its not that deeply down , bitcoin is still on high price . I witness bitcoin crashed till it hit 300$  before and  $8k is still moon.  The only problem is when will this bear market will end.

This MT. GOX is also contributed why the price of bitcoin is bug down to a very low price. They are the bitcoin cartel because they can  buy billions of coins in a very low prices and sell it in a higher price, like what they did last few weeks they sell billions of their coins. Thats why the bitcoin slump in a very low price. The price of bitcoin is very affected because of what they did.

In the last two months, bitcoin hasn't gone down too much. I think it's a normal fluctuation, and people don't have panic selling bitcoins.

No one knows what will happen in the future, and since we choose to invest in bitcoin, we should stick to it, not speculate.

And that is second hand private key indeed. ;D Why on earth will I ever want to buy a private key from someone when all it takes is just a split of minutes to get it transferred to my wallet where I control everything ? Just for the knowledge, so as to clear your assumptions for next time, private keys cannot be changed, and if you find yourself in the position of wanting to buy private key, then it is more like you sharing the asset with another person you are buying it from with both of you having full control of it and by then, it would be who is the first to move it out ? At that point, you do not want to be the last.

Speculation is Bitcoin's main purpose at this point, regardless of what our main focus is on. It's a brand new market that needs to mature properly, and till that time, speculation will remain key.

Once this market has matured enough, and regulations allow institutions to hold significant positions, stability will be the first indicator of a maturing market. Currently, institutions just laugh their ass off looking at our market.

One fart from an external source can tank this market down badly, which is a sign of utter incompetence. It's an aspect this market needs to overcome to actually be taken seriously by professional investors.

I think the Mt Gox sale affected the market alot, dumping such a high number of coins on the free market definitely affected the price negatively and is a part of why the price was driven so far down and then there are the people who started panic selling when they saw the price going down and that didn't help the market at all. And the worst part of it all is that Mt Gox still has a lot of coins in their possession which when they decide to sell will always affect the price.

You contradict yourself. Speculators are always very sensitive to panic in the market. They are the first to feel it and leave the market. In the current situation, they will lose the least. Most of all can hurt those who are configured for long-term storage of their coins. It seems to me that this is the most vulnerable part of the bitcoin community. Do you think they will buy coins now?

This news has been getting old so far and i think the reason for prices going down is not because of it, i heard twitter is planning to ban crypto related ads and we can see for the last 24hrs the prices especially on bitcoin is going dip again although it has stabilized a little bit, after all these fud i think in a 2 months of free fud period market might rise again, just keep hodl if you don't want to take the loss :)
btw, $5k would be the lowest price if this keep on going.

MT. Gox is the main reason on why Bitcoin value fall down early this year in which the gathered data really explained it all. Some of the reasons of why Bitcoin is down again are just supporting additional scenario like FB ban, Google Ban and US senate reviewing ICO but these cannot make such great damage.It was MT.Gox due to the involved huge amount of Bitcoin that they sold in the market.

For almost 2 months, Altcoins are dropping harder than Bitcoin. Bitcoin's market dominance (https://coinmarketcap.com/charts/#dominance-percentage) is slowly going up, and has reached 45.2% now.

More important is this ain’t the first news that is against bitcoin. There have been many from the very start but none has actually killed bitcoin. Atmost, these news bring a temporary decrease in the price of bitcoin allowing new investors to participate which is a good thing. It won’t take long before bitcoin will once again start making progress and show its true strength to the whole world especially those people who badmouth it.

I agree to this. The huge amount off selloff from Mt Gox really did a huge impact on the price. All the other negative news were just like riding the tides. They further destroy what has already been destroyed. But i believe this wont go on too long. This will have a turn of events in the next month. Mt. Gox has decided to stop selling the rest of the coins but is to resume by october. I hope not.

I dont think mt gox is the reason why bitcoin down. Its true mt gox have a thing in this case but its not the only reason. There is a lot thing that makes bitcoin down such as g 20 confrence that will talking about cryptocurrency , twitter ban ads and many other things such regulations. Mt gox is not the only one to be blame for massive down of bitcoin but its happen cause many factors that we cannot control.

for bitcoin prices there is no one can predict the price to what it is because all this is only in the movement of buyers and bitcoin requests, if even news about cryptocurrency can also affect, so just follow the plot and do not easily panic price no one can know .

Don't panic, it is organic. We can really see some news like this that they are dumping bitcoin because they are the whales and the manipulators of the price and we need to get used to this and we should not be discourage or lose hope from this scenarios because when the time comes that they are done in dumping then they will buy a lot of coins from a very cheap price and make a hype and push the price to the top again.

Do not panic, just keep calm and hold those bitcoins of yours. It is always been a normal news for altcoins especially on bitcoin, maybe they will make bitcoin down so they can buy on some weak believers of bitcoin that is their way on how to manipulate the price so KEEP CALM and HODL.

I can not at all predict what you are asking. But I can only argue about the price of Bitcoin. I'm sure this is a great time for you to buy lots of Bitcoin or other Altcoin. You have to hold everything until it's high again. And high-priced forecasts might happen at the end of each year, as late as 2017 the price of Bitcoin is really at its peak and no one thought it could be that high.

it looks like he's a time bomb but goes back to the total bitcoin available, certainly the bitcoin availability is very limited and the bitcoin demand is so great it keeps the price down forever, as there will definitely be a bitcoin buy again, if he's only one person then they not able to fight against people all over the world.

When you are dumping a whole lot in an exchange, it generally affects the general price. This is where traders are and they obviously will not see things like this happening without trying to be careful and opting out first. After all, there is nothing to worry about as the market will definitely survive the whole thing and when he eventually gets done with all his selling and there is absolutely nothing to sell anymore, what will be left is going to be demand and then we will get to see the increase normally.

And as long as nothing is changed in bitcoin's protocol to favor them, they will just have to deal with it that way. You are right bro and satoshi obviously fashioned everything out from the start, if you dump, someone else is ready to pick up, and since we have limited supply, that would make it even easy for more people to want to buy at that lower price and like you said, it is a cycle and it will keep going on that way.

This is an interesting thing that you have put in my mind. Basically how it affects people who just got into Bitcoin to hold and then having the price plummet. These people were the ones helping the price rise and now they are burnt. So we might not see such a similar rise. Too much money lost.

All those who have hold bitcoins even one month or since last year or two or more, they have been benefitted with such profits that altcoins have promised to give them. In this scenario, if someone is interpreting that they will be badly effected by low cost or prices going down every time, so kick out this stigma from your mind. Because bitcoins are always trending towards high prices.

but if he has given up possibility of repurchasing only a portion of his capital, he will certainly buy another investment such as property for example, that way he will be safer to keep his money

Bitcoin prices have failed to maintain at $ 10,000. Other Altcoin are also affected directly and simultaneously discounted. Large investors warned of a lack of positive impact on holding and raising Bitcoin prices. But perhaps that is not the analysis argument. Perhaps it was the ill-advised comments of people who had a grudge against Bitcoin. But in fact, those things have made Bitcoin a downside.

I think that people like Mt. Gox from Tokyo now a lot. In recent weeks, bitcoin has been slowly but surely growing in price. However, no one can say how long this will take place. Given that he still has 180,000 bitcoins left, and he said he will continue to drop them in batches to pay off his creditors, this should be expected at any time, regardless of what he said that will happen no earlier than September.
Therefore, our forecasts that bitcoin can reach high price values, can and remain at the level of forecasts. Adjustments in its price can be made by such persons as Gox.

It does feel somewhat salty to still see the effect of what mark karpeles has done, how is that guy not in jail.

This is really interesting, Mt.God has gone a long way bringing Bitcoin to a dump this moment, we all need to be patient to have the value back, and we hope it will be soon.

Unfortunately, our forecasts regarding the growth of bitcoin prices this year may not come true because of such persons as Mt. Gox. I think that there will be many more such people who are waiting for the rise in the price of bitcoin to lose their bitcoins. The reason for such an act can be very different. Even large holders of bitcoins sometimes need money fiat and they will reset their bitcoins even in spite of the real prospect of increasing the rate of bitcoin.
If this happens, then bitcoin will periodically fall in price, as we experienced last December.

It is one of thee main reasons for the price to go down and expect them to dump the coins again when the price goes high, there is always an opportunity when the price goes down and i am sure the price will boom in a couple of years.

I can not predict exactly how much $ but the worst possible with the lowest possible price will happen, we can only wait and continue to hope btc will be stable even though the price will not be as high as before, but we think positive, and do not spread the negative issue so market not panic, we better discuss only positive things for the impact on the market and the price is positive as well

Extremely bad. Two consecutive days the Cryptocurrency market is a red disaster. Bitcoin is offering a discount of $ 7,800. There are a lot of people worried, including me. Perhaps, I should now pause for reinvestment and continue to be patient with the volatility of the market. Do not know tomorrow the market is green again?
Give me an idea.

The market of Cryptocurrency continued to enter a period of serious crisis, Bitcoin copper fluctuated in a negative direction has negatively affected the psychology of investors. Currently, Bitcoin has only $ 7,200 and no sign of progress. Will what give us the belief that Bitcoin will soon grow back?

Bitcoin is up 153.8% over the past year.

Believe what you want, if you need someone else to convince you, Bitcoin isn't for you.

Yes Bitcoin down. Bitcoin crashes and it dumps. Sad to say that its a long time to recover. And I hope and pray price of Bitcoin will be back to its higher price for the better and for a happy bitcoiner.

I just have a question, what kind of expectations did you had when you entered the market? Because it seems you want the price of skyrocket just because you are holding some bitcoin and that is not the way this market or any market works, there are going to be some ups and downs and you must decide on a strategy to try to get profits, one of the most popular strategies in the forum is to hold for the long term, no only it is easy but it is the strategy that gives you the better chances to get profits.

it looks like bitcoin will hold up to the $ 6k bitcoin price because I see bitcoin is very difficult to drop below $ 4k, many are ordering buy at $ 5k price making bitcoin very difficult to go down. if mtgox forces the bitcoin to go down then it seems that it will get only a loss.

Despite the fact that the number of sellers ready to accept new money will increase, their share in the world economy will remain microscopic, the expert believes. In his opinion, the number of virtual currencies will first increase sharply (now there are already several dozens) and after that will decrease to three or five. The courses will be unstable, both sudden multiple take-offs and falling quotations are possible.

Most experts are confident that today is the time to acquire bitcoin derivatives, as they are expected to grow further. But do not forget about the principles of diversification. It is best to secure investments by dividing them between several currencies.

Many experts say that bitcoin can become a competitor to traditional currencies. However, such decentralized systems can exist provided that all transactions are carried out within the system. now, there is a parallel existence of two monetary systems

I think no one can actually tell what will happen to bitcoin in the future. The market demand is affected in many factors not just the actual supply and demand. However, if you really trust on cryptocurrency and technology, there is no need to worry. Most crypto experts speculate that mass adaptation is possible in the future. Bitcoin or cryptocurrency is not yet massively adapted or known by people yet.

The price is likely not to drop to 5 thousand dollars. The best time to buy right now, especially if you say that you are going to store your crypto currency before 2020.

Someone need to hire an assassin to take over Kobaysahi http://www.thecryptotea.com/index.php/2018/03/07/mt-gox-trustee-dumping-millions-bitcoin/. As he keeps dumping Bitcoin to abyss

Certainly it will never be lost and survive very strongly. Currently it has doubled compared to the previous time and stabilized again. Some investors have grasped the opportunities and profits of their higher. It does not need to be high to make a profit.

We can't judge the coin there are so many things happen in a blink of an eye, if you refer the recent price of bitcoin for me it's normal because we're dealing on currencies and currencies change price time to time.

Whenever there are dumps, whether by Mt gox  or whales, there's a big opportunity for people to buy some bitcoin at a reduced price. Grab more while it lasts because even if it's true that Mt gox are dumping btc,  they can't keep dumping forever. They had some btc when the price hit 20K. Btc  will still rise.

Bitcoin had reach around 5000$ which I think was the bottom. But with not much usage or demand I think it could go even lower. The fall of bitcoin becomes more like a natural reaction after it had made so much progress when its value goes up very fast. In time when bitcoin usage will be greater there will be a possibility for it to go up again maybe higher than its all time high.

Instead of thinking those dumps as a negative thing, i agree that we should treat those dumps as a big opportunity for us to get a lot of good cheap bitcoins in the market because it is the best thing to have as an investor is to have an opportunity to get a lot of cryptocurrency at a very cheap price because of the dump of the whales.