|
Title: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: emmettoc on February 16, 2014, 04:06:58 AM Hi,
As the title, I'm just wondering who keeps selling hundreds of bitcoins to prevent price from going up? You can observe the phenomenon frequently: http://bitcoinwisdom.com/markets/mtgox/btcusd Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: roslinpl on February 16, 2014, 11:15:10 AM It's Mark! :) He is selling all GoxCoins!
Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: Sindelar1938 on February 16, 2014, 11:18:14 AM Interesting....
Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: roslinpl on February 16, 2014, 11:23:29 AM It is not realy interesting :)
This is GoxRobbery! :) #MtGoxSux Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: emmettoc on February 16, 2014, 12:01:36 PM Well, I found that people is talking about this phenomenon on reddit too.
http://www.reddit.com/r/Bitcoin/comments/1y1ybf/low_price_mtgox_explanation/ mysterious... Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: stevegee58 on February 16, 2014, 12:11:09 PM The Feds have already announced that they'd liquidate the almost 30,000 BTC seized from the Silk Road seizure but didn't say when they'd do it. I've been looking for signs that they started.
To maximize their value they would sell the BTC in small lots to prevent a market crash but you'd still notice it in market action. News source: http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/ Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: roslinpl on February 16, 2014, 12:23:18 PM Well, I found that people is talking about this phenomenon on reddit too. http://www.reddit.com/r/Bitcoin/comments/1y1ybf/low_price_mtgox_explanation/ mysterious... Gox is not mysterious :) gox is a misery! :) Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: emmettoc on February 16, 2014, 12:29:38 PM The Feds have already announced that they'd liquidate the almost 30,000 BTC seized from the Silk Road seizure but didn't say when they'd do it. I've been looking for signs that they started. Already much more than 30,000 BTC was sold. Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: roslinpl on February 16, 2014, 12:36:50 PM nice ...
30k BTC ;] I would have some from this ammount :P Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: ISAWHIM on February 16, 2014, 01:42:08 PM How do you think they are paying everyone's income-tax returns this year... But they stalled some by 21 days, to adjust for gox's withdraw period...
Then they seize those BTC because that "looks suspicious" and Gox didn't report it, then they have next-years income-tax returns already to go too! Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: emmettoc on February 17, 2014, 12:48:15 AM The amount changed from hundreds to tens of coins now although I don't the strategy he uses at all :)
Title: Re: Who keeps selling hundreds of bitcoins at Mt.Gox? Post by: qh34rt on February 17, 2014, 09:04:42 AM The amount changed from hundreds to tens of coins now although I don't the strategy he uses at all :) Yes, greatly influence the market. |