Bitcoin Forum

Economy => Speculation => Topic started by: cuddaloreappu on February 15, 2015, 04:07:50 PM



Title: Now 7000 btc will be dumped making the price go lower and lower!
Post by: cuddaloreappu on February 15, 2015, 04:07:50 PM
Just tired of the price drops and even more tired when an exchange is hacked and btc is dumped


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: UnDerDoG81 on February 15, 2015, 04:09:11 PM
hahah yeah even small whales can drop the price these days. I hope they burn their hands this time and the coins go to stronger hands.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: Amph on February 15, 2015, 04:12:00 PM
all those drop/hack/stolen coins at current value, will only make current value stronger, think about it, at the end the price will never go lower than this


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: caga on February 15, 2015, 04:39:27 PM
Just tired of the price drops and even more tired when an exchange is hacked and btc is dumped
I dont think hacker will dump right now, because it possibly will have him reveal his identity to another exchange. He will probably stay out of the whole thing right now


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: damiano on February 15, 2015, 04:51:43 PM
He could take his time and run them in small batches through a mixer


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: ElectricMucus on February 15, 2015, 05:01:12 PM
LOL, nice another "hack"


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: 4ever on February 15, 2015, 05:07:37 PM
all those drop/hack/stolen coins at current value, will only make current value stronger, think about it, at the end the price will never go lower it

What exactly do you mean ? It is actually going lower.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: oblivi on February 15, 2015, 05:18:49 PM
all those drop/hack/stolen coins at current value, will only make current value stronger, think about it, at the end the price will never go lower it

What exactly do you mean ? It is actually going lower.
Well we hit a 154 lowest selling point and we've been going up since then.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: ajareselde on February 15, 2015, 05:20:56 PM
Just tired of the price drops and even more tired when an exchange is hacked and btc is dumped

It should come to you not as a surprise, because theres alot of exchanges that are not capable to actualy run one.
This is why i cant wait for world wide bitcoin regulations, that will put a stop to theese uncapable exchange owners and build a reputable bitcoin exchange that would be secure for their clients.
I dont even believe most of them got hacked, i believe its an inside job like mt.gox, and that they are just plain thiefs.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: ElectricMucus on February 15, 2015, 05:25:58 PM
reputable bitcoin exchange


hahahahahaha, my sides.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: gentlemand on February 15, 2015, 06:52:40 PM

It should come to you not as a surprise, because theres alot of exchanges that are not capable to actualy run one.
This is why i cant wait for world wide bitcoin regulations, that will put a stop to theese uncapable exchange owners and build a reputable bitcoin exchange that would be secure for their clients.
I dont even believe most of them got hacked, i believe its an inside job like mt.gox, and that they are just plain thiefs.


I'm sure there are no shortage of bent exchange operators, but unless you're running one yourself it's probably impossible to conceive of the volume of attacks that hackers direct towards them.

It only takes one tiny opening to get your hands on potential millions. They'll be buzzing around exchanges like bees until the internet is no more.



Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: Coinshot on February 15, 2015, 06:55:24 PM
They are split in 7 1000 BTC chunks and are lying there. I doubt they can be dumped easily.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: jeffthebaker on February 15, 2015, 06:56:25 PM
world wide bitcoin regulations

THE ENTIRE ARGUMENT BEHIND WHY BITCOIN IS BETTER THAN FIAT IS BECAUSE IT ISN'T REGULATED WHY WOULD ANY BITCOINER WANT TO SEE REGULATION.

DO YOU WANT THE GOVERNMENT TO FIX EXCHANGE RATES FOR BTC TOO?


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: Amph on February 15, 2015, 08:07:00 PM
all those drop/hack/stolen coins at current value, will only make current value stronger, think about it, at the end the price will never go lower it

What exactly do you mean ? It is actually going lower.

no it's not, it's pretty stable at $230 since weeks already


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: jeffhuys on February 15, 2015, 08:29:55 PM
all those drop/hack/stolen coins at current value, will only make current value stronger, think about it, at the end the price will never go lower it

What exactly do you mean ? It is actually going lower.

no it's not, it's pretty stable at $230 since weeks already

Yeah, since January 15th or so. Big correction towards 230 now.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: 12345mm on February 15, 2015, 08:34:57 PM
taking bets on whether the entire pump from 225 - 270 today and the resulting dump allll the way back down was done by bter with YOUR deposited fiat and YOUR deposited btc ? ... no takers ? ... yeah ...


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: BitCoinNutJob on February 15, 2015, 08:37:03 PM

market is way over sold right now panicing because of this, expect a big turn around tomorrow, its still only 7k coins, $30 shift in price is crazy.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: caga on February 15, 2015, 08:38:28 PM
I wonder if the price drop right now is happening because of that.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: galbros on February 15, 2015, 09:57:21 PM
The coins have been split but not moved to a place they could be dumped.  I think this price action is just reaction to yet another scary story about bitcoin.  Damn shame.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: redsn0w on February 15, 2015, 10:01:38 PM
The coins have been split but not moved to a place they could be dumped.  I think this price action is just reaction to yet another scary story about bitcoin.  Damn shame.

Only 170 bitcoins were "spent" : https://blockchain.info/it/tx/28b3009c7ad8898077b348a943a9c5d8187e1e53e85893d17999b9125bbbab10?show_adv=true


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: Maxpayne86 on February 15, 2015, 10:15:21 PM
I wonder if the price drop right now is happening because of that.

You can be pretty sure... it's a shame, just when we were visiting the 270$

Oh, and of course it's not a hack. They said that their cold wallet was compromised. BULLSHIT! Cold wallets are not hackeable.

This was an inside job.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: MelodyRowell on February 15, 2015, 10:46:48 PM
When it rains it pours.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: tss on February 16, 2015, 05:30:17 AM
another exchange "hacked" still people give their btc to the exchanges.  one day you will all learn your lesson that exchanges are not to be trusted as they ALL run fractional reserves at your expense. 

so which exchange will be next to be failed/hacked?


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: Q7 on February 16, 2015, 07:28:15 AM
I think it's only a matter of time and finding the right and best opportunity to sell off. However if those coin made its way to bitcoin hoarders or collectors, it will not have any effect on market price as long as it doesn't find its way to the open market.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: uki on February 16, 2015, 11:09:54 AM
For me it is interesting when the news about the possible hack was released. It was just when BTC started its mini-recovery rally.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: UnDerDoG81 on February 16, 2015, 01:03:37 PM
I wonder if the price drop right now is happening because of that.

You can be pretty sure... it's a shame, just when we were visiting the 270$

Oh, and of course it's not a hack. They said that their cold wallet was compromised. BULLSHIT! Cold wallets are not hackeable.

This was an inside job.

The Banks have power over all money in the world... The exchanges have power over all Bitcoins in the world... Nothing has changed... Still greedy mofos on top who make the rules and manipulate the market (see gox)... And still the sheeps (we) have no power at all... I thought Bitcoin is revolution...


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: 1Referee on February 16, 2015, 01:11:24 PM
7000 Bitcoins will make the price go perhaps $30 lower if dumped at once at decent exchange.

But then again, it will go up quickly again.

It's sad to see that we were heading up with a good vibe, and suddenly a shitty exchange ruins everything by "losing" $1.7M worth of coins.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: Febo on February 16, 2015, 02:57:46 PM
Just tired of the price drops and even more tired when an exchange is hacked and btc is dumped

But that is bad news. Those usually push price up.


Title: Re: Now 7000 btc will be dumped making the price go lower and lower!
Post by: oblivi on February 16, 2015, 04:07:29 PM
It's obvious the price is being manipulated. If these idiots had a clue they would dump slowly to not crash the price.