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Gachapin
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April 21, 2023, 10:10:29 AM
Last edit: April 21, 2023, 10:53:41 AM by Gachapin |
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I think as for now Gensler stopped at shitcoins, because Bitcoin is no security. And that is good for BTC. I don't know how he will act in the future.. maybe he will get pressured by "someone" to attack BTC as well... who knows ... I'll be watching  you are trusting a career long politician to do something that is "good for bitcoin"? think again...he will change his mind when he will destroy the rest...he would find something wrong with whatever in bitcoin too, you just wait. Actually, even now, he suppresses bitcoin by NOT allowing bitcoin ETFs, clearly a repressive move that has not a single valid reason behind it. With such "friends", I would look over my shoulder all the time. I wonder why you always put words in my mouth? It's the second time now. I never said I trust him...  why should I? he seemingly was in bed with FTX I'm talking about what he is doing with regards to shitcoins vs Bitcoin.. that's it And apart from rejecting ETFs he has differentiated correctly between BTC and shitcoins to this date my bags would love see an US ETF, but I doubt that he is the only one in charge for that decision.. "Hey, buddy"...sorry, i forgot if this is for a fight or consolation of a child? You literally wrote: "Gensler stopped....and that is good for bitcoin." Those are your words, not mine and they came out of your mouth aka typing fingers. NOTHING he ever did is good for bitcoin, period. I don't trust a single word coming out of his mouth. what fight..? Do you have anger issues or stress lately? Is it ill intention or misunderstanding that you are again twisting stuff I said...? "Gensler stopped....and that is good for bitcoin." doesn't mean that I trust trust him, like you accused me of ... And that you think he has never done anything that turned out good for Bitcoin is, you know, just your opinion, dude... IMO, declaring BTC as a non-security was good for Bitcoin... So we have two different opinions here ...buddy... I hope you can live with that |
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Gachapin
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April 21, 2023, 10:20:56 AM |
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Bitcoin supply is diminishing…
luckily for buyers, 180k previously locked Bitcoins will enter the market, probably this year... (Gox & Silk road) Still less than half a year of block rewards though... and it also doesn't mean that every single Gox coin one will be sold |
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HI-TEC99
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Bitcoin supply is diminishing…
luckily for buyers, 180k previously locked Bitcoins will enter the market, probably this year... Still less than half a year of block rewards though... If I had gox coins returned I wouldn't sell at these shit prices. I'd wait until near the next ATH unless I needed money so badly that I had no choice but to sell. I doubt all those coins will get dumped immediately. Also, they moved the repayment deadline a few times already, and might do again. https://www.mtgox.com/img/pdf/20230407_announcement_en.pdfPlease also note that, in consideration of various circumstances, the above deadline might be extended with the permission of the Tokyo District Court, or a different deadline might be set for
some of the repayments with the permission of the Tokyo District Court. |
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Gachapin
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April 21, 2023, 10:39:01 AM |
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Bitcoin supply is diminishing…
luckily for buyers, 180k previously locked Bitcoins will enter the market, probably this year... Still less than half a year of block rewards though... If I had gox coins returned I wouldn't sell at these shit prices. I'd wait until near the next ATH unless I needed money so badly that I had no choice but to sell. I doubt all those coins will get dumped immediately. Also, they moved the repayment deadline a few times already, and might do again. https://www.mtgox.com/img/pdf/20230407_announcement_en.pdfPlease also note that, in consideration of various circumstances, the above deadline might be extended with the permission of the Tokyo District Court, or a different deadline might be set for
some of the repayments with the permission of the Tokyo District Court. Yes, I think people who decided to receive BTC are probably not planning to dump soon (in general). But for those who decided to receive fiat Kobayashi will sell coins.. I don't even remember if he sold otc last time... |
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HI-TEC99
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April 21, 2023, 10:53:39 AM |
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Bitcoin supply is diminishing…
luckily for buyers, 180k previously locked Bitcoins will enter the market, probably this year... Still less than half a year of block rewards though... If I had gox coins returned I wouldn't sell at these shit prices. I'd wait until near the next ATH unless I needed money so badly that I had no choice but to sell. I doubt all those coins will get dumped immediately. Also, they moved the repayment deadline a few times already, and might do again. https://www.mtgox.com/img/pdf/20230407_announcement_en.pdfPlease also note that, in consideration of various circumstances, the above deadline might be extended with the permission of the Tokyo District Court, or a different deadline might be set for
some of the repayments with the permission of the Tokyo District Court. Yes, I think people who decided to receive BTC are probably not planning to dump soon (in general). But for those who decided to receive fiat Kobayashi will sell coins.. I don't even remember if he sold otc last time... I thought he had already dumped enough coins in late 2017 to pay off the fiat. Does he still need to dump more? |
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Gachapin
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April 21, 2023, 11:00:38 AM
Last edit: April 21, 2023, 11:16:30 AM by Gachapin |
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Bitcoin supply is diminishing…
luckily for buyers, 180k previously locked Bitcoins will enter the market, probably this year... Still less than half a year of block rewards though... If I had gox coins returned I wouldn't sell at these shit prices. I'd wait until near the next ATH unless I needed money so badly that I had no choice but to sell. I doubt all those coins will get dumped immediately. Also, they moved the repayment deadline a few times already, and might do again. https://www.mtgox.com/img/pdf/20230407_announcement_en.pdfPlease also note that, in consideration of various circumstances, the above deadline might be extended with the permission of the Tokyo District Court, or a different deadline might be set for
some of the repayments with the permission of the Tokyo District Court. Yes, I think people who decided to receive BTC are probably not planning to dump soon (in general). But for those who decided to receive fiat Kobayashi will sell coins.. I don't even remember if he sold otc last time... I thought he had already dumped enough coins in late 2017 to pay off the fiat. Does he still need to dump more? afaik yes. After that dump he said I plan to consult with the court and determine further sale of BTC and BCC. https://www.ccn.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/The creditors could choose until lately how much fiat they wanna receive... so on that it depends I think https://bitcoinist.com/bitcoin-repayments-from-mt-gox-begin/ |
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ChartBuddy
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April 21, 2023, 11:01:18 AM |
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ChartBuddy
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April 21, 2023, 12:01:24 PM |
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Heater
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April 21, 2023, 12:59:20 PM |
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That was painful to watch. Gensler's interaction with the audience is so awkward - he can’t pronounce their names properly, he can't even remember their names, asks questions they can't answer etc. Just terrible. Compare him to the masterful performance of Michael Sandel here: https://www.youtube.com/watch?v=kBdfcR-8hEYWell, there is no comparison. |
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ChartBuddy
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April 21, 2023, 01:01:18 PM |
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RTR~
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April 21, 2023, 01:26:01 PM |
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Hello guys I am new to bitcoin forum. Can I post bitcoin related posts on this board? If your answer is no. Then what can I do to get permission to post?
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BobLawblaw
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Neighborhood Shenanigans Dispenser
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April 21, 2023, 01:52:40 PM |
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Well that one is going straight to ignore...
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ChartBuddy
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April 21, 2023, 02:01:17 PM |
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darkangel11
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If I had gox coins returned I wouldn't sell at these shit prices. I'd wait until near the next ATH unless I needed money so badly that I had no choice but to sell.
I doubt all those coins will get dumped immediately.
It reminds me of the time when there were BTC auctions taking place in the bear market of 2014 (first silk road coins being sold) and all the media outlets were screaming FUD to prepare for the biggest dump since GOX and what happened? Nothing! The price on auction was higher than the spot price and everybody was stunned "how come someone paid more than the price on exchange? WTF?" and people who were buying just wanted to get it in bulk, avoiding vulnerable exchanges, because at the time Chinese exchanges were shutting down, GOX went bankrupt and government auction was actually a safe choice if you wanted to spend 20 million. Nobody goes through all that effort to just dump the coins on spot market and lose money. More sanity people, less FUD. |
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Gachapin
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April 21, 2023, 02:58:50 PM
Last edit: April 21, 2023, 03:09:59 PM by Gachapin Merited by JayJuanGee (1) |
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That was painful to watch. Gensler's interaction with the audience is so awkward - he can’t pronounce their names properly, he can't even remember their names, asks questions they can't answer etc. Just terrible. Compare him to the masterful performance of Michael Sandel here: https://www.youtube.com/watch?v=kBdfcR-8hEYWell, there is no comparison. you watched 23 lectures each 1h + ....wow So how would you evaluate the accuracy of technical and monetary aspects brought up in said MIT course "Blockchain and money" ? If I had gox coins returned I wouldn't sell at these shit prices. I'd wait until near the next ATH unless I needed money so badly that I had no choice but to sell.
I doubt all those coins will get dumped immediately.
It reminds me of the time when there were BTC auctions taking place in the bear market of 2014 (first silk road coins being sold) and all the media outlets were screaming FUD to prepare for the biggest dump since GOX and what happened? Nothing! The price on auction was higher than the spot price and everybody was stunned "how come someone paid more than the price on exchange? WTF?" and people who were buying just wanted to get it in bulk, avoiding vulnerable exchanges, because at the time Chinese exchanges were shutting down, GOX went bankrupt and government auction was actually a safe choice if you wanted to spend 20 million. Nobody goes through all that effort to just dump the coins on spot market and lose money. More sanity people, less FUD. what do I know.. we will see how many coins Kobayashi will dump for fiat... if any If I remember correctly, last time he sold them on an exchange it wasn't really clear if he used the otc desk there.. |
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ChartBuddy
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April 21, 2023, 03:01:21 PM |
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d_eddie
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April 21, 2023, 03:26:09 PM |
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I have a box of punch dark mint chocolate 225 mg of thc. I will consider eating one small piece for 420.  Blitzed the shit is strong.  eating is so much more psychedelic than smoking imo... I fucked up big time Lasting an eternity Fucked up me, long time #haiku |
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ChartBuddy
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April 21, 2023, 04:01:17 PM |
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Torque
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April 21, 2023, 04:31:28 PM |
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Pretty obvious the "Sell in May and go away" phenom came early to Bitcoin. Again. It's laughable at this point the yearly regularly of these buying/selling patterns. |
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darkangel11
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April 21, 2023, 04:33:01 PM |
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what do I know.. we will see how many coins Kobayashi will dump for fiat... if any
If I remember correctly, last time he sold them on an exchange it wasn't really clear if he used the otc desk there..
Nobody knows that but it would be in his interest not to crash the market should he decide to sell on one of the centralized exchanges. Spot markets can handle a lot of coins unless you really want to crash like that someone (CZ's trading desk?) who dumped on Binance a few days ago. When you know you're going to lose money doing it but still go through you must have other long-term goals in mind. |
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