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Bitcoin Forum > Economy > Economics > Speculation > When will KncMiner dump their 7719 BTC at bitstamp?
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Author Topic: When will KncMiner dump their 7719 BTC at bitstamp?  (Read 1037 times)
smarugda (OP)
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June 05, 2015, 11:00:55 AM
 #1

750 dump at here: https://blockchain.info/address/17uTKRCmCgdE5ie85tLu8hP2kRkh4zbhdh

Another 750 dumps at here: https://blockchain.info/address/1NJYJx4epCziaqcAQPyy1aNDjqt1Dq8Sis

7719 BTC waiting to dump soon: https://blockchain.info/address/1A3BnSMaabgpJeX5qYsY4FExaWKeT2ZnqZ
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June 05, 2015, 12:24:53 PM
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I'm guessing it's a matter of days, they aren't the only one who have been shifting massive amounts of btc to the exchanges, hence my prediction.
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June 05, 2015, 01:11:36 PM
 #3
Quote from: smarugda on June 05, 2015, 11:00:55 AM

750 dump at here: https://blockchain.info/address/17uTKRCmCgdE5ie85tLu8hP2kRkh4zbhdh

Another 750 dumps at here: https://blockchain.info/address/1NJYJx4epCziaqcAQPyy1aNDjqt1Dq8Sis

7719 BTC waiting to dump soon: https://blockchain.info/address/1A3BnSMaabgpJeX5qYsY4FExaWKeT2ZnqZ



They should do as soon as possible. To be ahead of the rest. If they will wait to long price will change and they will get much different amount on the exchange.
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June 05, 2015, 01:11:58 PM
 #4
Quote from: kwukduck on June 05, 2015, 12:24:53 PM
I'm guessing it's a matter of days, they aren't the only one who have been shifting massive amounts of btc to the exchanges, hence my prediction.

But you aren't very good at predicting bitcoin prices. You have been calling for a crash 'very soon' for months. You also sold your bitcoin at ten dollars before the price rallied to 1200 dollars.

For some reason the words 'contrarian indicator' come to mind!
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June 05, 2015, 01:21:38 PM
 #5
The halfway point between kwukduk and inca is a golden medium. Says the one who likes kwukduk.
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June 05, 2015, 01:27:06 PM
Last edit: June 05, 2015, 04:47:12 PM by Amph
 #6
they will keep dumping a small portion of it everytime, they don't want to put too much pressure on the market, not to mention that nearly 8k bitcoin, isn't an amount so great to worry about, even in the case that they will dump it in one time only
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June 05, 2015, 02:27:42 PM
 #7
Why would they sell it ?

They sold about 6.5k btc through xbt provider last 14 business days(earning 1% yearly of adm fee)...

If they really want to sell they just need to do nothing next two weeks.
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June 05, 2015, 02:32:23 PM
 #8
Quote from: arivar on June 05, 2015, 02:27:42 PM
Why would they sell it ?

They sold about 6.5k btc through xbt provider last 14 business days(earning 1% yearly of adm fee)...

If they really want to sell they just need to do nothing next two weeks.

They sold 4.3k BTC. The number you quote is the trade volume, not the total notes outstanding, which actually decreased this week, meaning they were net buyers of BTC through XBT this week (as of close of business on Thursday)...
"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
hector3115
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June 05, 2015, 02:34:03 PM
 #9
Quote from: arivar on June 05, 2015, 02:27:42 PM
Why would they sell it ?

They sold about 6.5k btc through xbt provider last 14 business days(earning 1% yearly of adm fee)...

If they really want to sell they just need to do nothing next two weeks.

Exactly, use your head kwukduck.  KNC is gonna panic and dump 8000 coins on the market to crash the price??  Like above poster said, they can sell that through XBT provider with no effect on price.

So, unless they don't like money...
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arivar
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June 05, 2015, 03:15:58 PM
 #10
Quote from: phoenix1 on June 05, 2015, 02:32:23 PM
Quote from: arivar on June 05, 2015, 02:27:42 PM
Why would they sell it ?

They sold about 6.5k btc through xbt provider last 14 business days(earning 1% yearly of adm fee)...

If they really want to sell they just need to do nothing next two weeks.

They sold 4.3k BTC. The number you quote is the trade volume, not the total notes outstanding, which actually decreased this week, meaning they were net buyers of BTC through XBT this week (as of close of business on Thursday)...

Right, so maybe they will sell everything next 3-4 weeks without going to exchanges...
arbitrage001
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June 05, 2015, 03:21:51 PM
 #11
Quote from: hector3115 on June 05, 2015, 02:34:03 PM
Quote from: arivar on June 05, 2015, 02:27:42 PM
Why would they sell it ?

They sold about 6.5k btc through xbt provider last 14 business days(earning 1% yearly of adm fee)...

If they really want to sell they just need to do nothing next two weeks.

Exactly, use your head kwukduck.  KNC is gonna panic and dump 8000 coins on the market to crash the price??  Like above poster said, they can sell that through XBT provider with no effect on price.

So, unless they don't like money...

There isn't that much new fiat infusion to absorb 8000 coins being sold on the market without an effect on price.
moko666
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June 05, 2015, 09:19:59 PM
 #12
they will dump as soon as they see enough buy orders where they can dump their coins without massive price drops
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