Big Dumper Mt.Gox Trustee !!

[preshpr1nce]

It's not such a large volume, I think the panic from this event is too much inflated. This has only a short-term effect. 400mln vs 24h volume 6bln lol

Good point, over a period of time $1.9 billion won't be so bad, depends how much he's selling at a pop and what the volume is around that price.

[yua_na]

I know its all still because mt gox scandal hacking. A lot of btc hacked and mt gox also still have 200k bitcoin and 200k bcash. They need to sell it now because they can pay all customer with this price. All mtgox customer paid by dollar and 1 btc = $400. We will see another dump in the next couple of week untill all sold or mayber mt gox trustee will wait btc price up again then sell for bigger bucks.

[posi]

My thinking is that we should not be ready for the real pump in price right now because the thing with the Mt. Gox and some other exchange in Japan is still causing some panic in the market.

[oxonhu]

I know its all still because mt gox scandal hacking. A lot of btc hacked and mt gox also still have 200k bitcoin and 200k bcash. They need to sell it now because they can pay all customer with this price. All mtgox customer paid by dollar and 1 btc = $400. We will see another dump in the next couple of week untill all sold or mayber mt gox trustee will wait btc price up again then sell for bigger bucks.

he wont sell all because he just has to sell enough to payback investors than he will give rest of btc to Mt.Gox. The problem is why Trustee doesnt make an Auction ? Its best way to sell btc . Who buy btc wont sell maybe but HODL so btc will not dumped anymore. They have another meeting in September 2018 i hope thiş time they wont sell..

[djlenna12345]

I know its all still because mt gox scandal hacking. A lot of btc hacked and mt gox also still have 200k bitcoin and 200k bcash. They need to sell it now because they can pay all customer with this price. All mtgox customer paid by dollar and 1 btc = $400. We will see another dump in the next couple of week untill all sold or mayber mt gox trustee will wait btc price up again then sell for bigger bucks.

he wont sell all because he just has to sell enough to payback investors than he will give rest of btc to Mt.Gox. The problem is why Trustee doesnt make an Auction ? Its best way to sell btc . Who buy btc wont sell maybe but HODL so btc will not dumped anymore. They have another meeting in September 2018 i hope thiş time they wont sell..

perhaps this is a pre-planned attack on the market, so that people begin to panic. Already at a very inappropriate time, the sale of so many bitcoins was made.

[aamirsuh]

If you are causing the bitcoin price to fall, that should be over. The price is falling so much, it is really hard to stand against this decline. The price should turn now.

[JeffBrad12]

I know its all still because mt gox scandal hacking. A lot of btc hacked and mt gox also still have 200k bitcoin and 200k bcash. They need to sell it now because they can pay all customer with this price. All mtgox customer paid by dollar and 1 btc = $400. We will see another dump in the next couple of week untill all sold or mayber mt gox trustee will wait btc price up again then sell for bigger bucks.

he wont sell all because he just has to sell enough to payback investors than he will give rest of btc to Mt.Gox. The problem is why Trustee doesnt make an Auction ? Its best way to sell btc . Who buy btc wont sell maybe but HODL so btc will not dumped anymore. They have another meeting in September 2018 i hope thiş time they wont sell..

Trustee just need instant money to pay the creditors. that means the only possible thing to send all of bitcoin to the market and then dump it instantly. There was not a lot of time to make an auction. i think that was a real reason why trustee doesn't make any auction to sell all of bitcoin. Another meeting to discuss the rest of amount.