|
biggbox (OP)
|
 |
June 16, 2016, 03:12:26 PM |
|
I vaguely remember there were a few fund houses or venture capitalists who bought Bitcoins aggressively. Remember the silkroad case - The Marshals auctioned away the confiscated coins. What about the Bitcoins that were recovered when Law enforcement intervened? The Feds auction away those coins too.
These coins were bought up by VCs or fund houses.
What if they were to dump those coins out in the market, now?
|
1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
|
|
|
|
|
|
|
|
|
|
"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
serjent05
Legendary
 Offline
Activity: 2842
Merit: 1253
Cashback 15%
|
|
June 16, 2016, 07:25:54 PM |
|
That will be fun! And good news to those who wants to buy Bitcoin cheaper. If they dump it, Bitcoin price will surely go down if the buy wall can't handle the sell pressure, unless this guy put a sell wall and leave it there. So Fund House dumping equals one happy Bitcoin buyer for me.
|
.
.HUGE. | | | | | | █▀▀▀▀
█
█
█
█
█
█
█
█
█
█
█
█▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINO & SPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█
█
█
█
█
█
█
█
█
█
█
█
▄▄▄▄█ | | |
|
|
|
|
Cybertron00
|
|
June 17, 2016, 12:11:40 AM |
|
That will be fun! And good news to those who wants to buy Bitcoin cheaper. If they dump it, Bitcoin price will surely go down if the buy wall can't handle the sell pressure, unless this guy put a sell wall and leave it there. So Fund House dumping equals one happy Bitcoin buyer for me.
Well thats true but it will be sad for people waiting to sell at high price. Instead of selling it early, they will have to wait longer if that happens. |
|
|
|
|
European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
|
|
June 17, 2016, 12:26:58 AM |
|
If you got the millions to buy coins in that quantity that must mean you also got some financial skills. Financial skills also mean you're unlikely to sign up to yobit and throw your fifty thousand coins down at once. Just a thought.
|
|
|
|
|
|
sbtctalk
|
|
June 17, 2016, 06:31:02 AM |
|
Those coins were 200 a piece on average. Assuming they hold 5000 coins, cost will be $1,000,000. If they were to dump 5000 coins and profit $500 each, the impact is minimum. If you got the millions to buy coins in that quantity that must mean you also got some financial skills. Financial skills also mean you're unlikely to sign up to yobit and throw your fifty thousand coins down at once. Just a thought.
I do not know what those analyst base their buy calls on. Traditional commodities are affected by global events such as international conflicts or natural disasters |
13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
|
|
|
|
davis196
|
|
June 17, 2016, 07:23:48 AM |
|
I vaguely remember there were a few fund houses or venture capitalists who bought Bitcoins aggressively. Remember the silkroad case - The Marshals auctioned away the confiscated coins. What about the Bitcoins that were recovered when Law enforcement intervened? The Feds auction away those coins too.
These coins were bought up by VCs or fund houses.
What if they were to dump those coins out in the market, now?
It`s a really stupid idea to sell all their coins at once.The profit will be less because of the price drop. They could sell smaller amounts every day and keep the market price rising. That`s just my theory.Hope it works... |
|
|
|
|
biggbox (OP)
|
|
June 17, 2016, 01:48:41 PM |
|
That will be fun! And good news to those who wants to buy Bitcoin cheaper. If they dump it, Bitcoin price will surely go down if the buy wall can't handle the sell pressure, unless this guy put a sell wall and leave it there. So Fund House dumping equals one happy Bitcoin buyer for me.
But what if the prices crash and never recovers?  Will that happen? |
1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
|
|
|
CrazyCraig
Sr. Member
Offline
Activity: 501
Merit: 340
Bye Felisha!
|
|
June 17, 2016, 02:00:36 PM |
|
That will be fun! And good news to those who wants to buy Bitcoin cheaper. If they dump it, Bitcoin price will surely go down if the buy wall can't handle the sell pressure, unless this guy put a sell wall and leave it there. So Fund House dumping equals one happy Bitcoin buyer for me.
But what if the prices crash and never recovers? Will that happen? I'm not an economist by any means, but my thoughts would be that it would recover. As the price decreases, eventually there would be a point that the demand would increas, driving the price back up. Bitcoin isn't as unstable as it was 2-3 years ago. It's matured a lot. It's my thoughts that we are in a bubble. Price will increase, but eventually it will decrease and stabilize. |
|
|
|
|
pitham1
Legendary
Offline
Activity: 1232
Merit: 1000
|
|
June 17, 2016, 02:40:57 PM |
|
If they have a lot of coins they want to sell, they would slowly liquidate them.
Dumping the coins in the market only hurts them.
|
|
|
|
marcuslong
Legendary
Offline
Activity: 1036
Merit: 1002
|
|
June 17, 2016, 03:19:44 PM |
|
I vaguely remember there were a few fund houses or venture capitalists who bought Bitcoins aggressively. Remember the silkroad case - The Marshals auctioned away the confiscated coins. What about the Bitcoins that were recovered when Law enforcement intervened? The Feds auction away those coins too.
These coins were bought up by VCs or fund houses.
What if they were to dump those coins out in the market, now?
If they do that they kill their own money and the price of bitcoin will dump ofcourse many bitcoin traders will gain profit here so they want this will happen. But i think if the big holder of bitcoin didnt do it. It is uselesss thing, didnt profitable thing and noob thing that do only for noob big holders. I thinkt theres no noob like that. |
|
|
|
|
watermark
Newbie
Offline
Activity: 39
Merit: 0
|
|
June 17, 2016, 03:55:23 PM |
|
That would probably make the price drop quite a bit because the supply would be greater than demand. It would be a good time to buy some.
|
|
|
|
|
Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
|
|
June 17, 2016, 04:07:09 PM |
|
Realistically they won't dump all of their Bitcoin at once, unless they really had to, and would rather opt to siphon off small amounts of their holdings and make the most money possible.
If they did sell it all off at one time, however, Bitcoin would probably be valued at much less than it is now, at least for a while, and the value would like stabilize at a lower value due to the lack of larger investors, or at least until another one shows up.
|
|
|
|
|
|
biggbox (OP)
|
|
June 18, 2016, 05:39:04 AM |
|
Realistically they won't dump all of their Bitcoin at once, unless they really had to, and would rather opt to siphon off small amounts of their holdings and make the most money possible.
If they did sell it all off at one time, however, Bitcoin would probably be valued at much less than it is now, at least for a while, and the value would like stabilize at a lower value due to the lack of larger investors, or at least until another one shows up.
I have no idea honestly. Bitcoin is an unconventional investment and you need an unconventional team and thinking to manage it. We cannot view these investors or fund houses the way we view traditional investments. It's a total mindset change. |
1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
|
|
|
|
DarkThrones
|
|
June 18, 2016, 06:05:49 AM |
|
The people that spend millions to buy the thousands of coins that get seized are not looking to go short term on Bitcoin. They have enough money to last them a lifetime and do not need to sell. Instead they will hold for years and decades so they can control Bitcoin later on.
|
|
|
|
|
|
calme
|
|
June 18, 2016, 06:17:40 AM |
|
A VC is not just going to dump most of their coins on some exchange. It will be done off chain. Also, VCs are used to long windows of time. It's not some 5x your money and get out while you can sort of thing.
|
|
|
|
|
botany
Legendary
Offline
Activity: 1582
Merit: 1064
|
|
June 18, 2016, 10:29:10 AM |
|
A VC is not just going to dump most of their coins on some exchange. It will be done off chain. Also, VCs are used to long windows of time. It's not some 5x your money and get out while you can sort of thing.
That is true. There are a lot of people willing to buy off-exchanges as well. That is why auction of bitcoins generate so much interest. |
|
|
|
|
Slark
Legendary
Offline
Activity: 1862
Merit: 1004
|
|
June 18, 2016, 10:57:13 AM |
|
First of all we don't have any accurate date of whereabouts of said coin. We don't know what current owner is gonna do with them - or maybe they are already sold?
Who knows.
Secondly - how much coins was that exactly? This number needs to extremely high to shake whole bitcoin ecosystem when dumped.
And additionally - fund houses are not stupid enough and know that dumping it all at once will crash the market.
Finally, even if this scenario is meant to happen someday we probably won't know about it.
|
|
|
|
|
Pierre 2
Legendary
Offline
Activity: 2408
Merit: 1358
|
|
June 18, 2016, 11:26:18 AM |
|
I guess it would crash the price. Well it is an important thing? Guess no.
Bitcoin proved its safe so long time ago.
|
|
|
|
|
|
biggbox (OP)
|
|
June 18, 2016, 06:25:21 PM |
|
A VC is not just going to dump most of their coins on some exchange. It will be done off chain. Also, VCs are used to long windows of time. It's not some 5x your money and get out while you can sort of thing.
I see. So I presume these off the grid/exchanges won't affect or move the price much. |
1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
|
|
|
helloeverybody
Legendary
Offline
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
|
|
June 18, 2016, 06:51:25 PM |
|
Im hopefull that they wouldnt dump all in one go, that would be stupid for them. they would earn more buy dumping small and letting price recover rather than all in a oner. The beauty of bitcoin these days is the longer bitcoin survives and also the higher the price get the more decentralised the coins get so 1 person dumping becomes less of an issue.
|
|
|
|
|
