Do you believe that this man crashed Bitcoin this 2018?

[Diced90]

Partly, but not wholly.

There have been a few different factors which have been affecting bitcoin's performance.
False reports about South Korea banning crypto had a factor,
Here is the result of "South Korea" search in the press board, just look at the headlines from January - https://bitcointalk.org/index.php?action=search2

The Central Bank in Poland paying social media infleuencers to spread FUD had a factor and we dont know the extent of these actions,
were there more banks doing the same tactic?
https://www.cnbc.com/2018/02/22/poland-central-bank-paid-youtube-star-for-video-about-cryptocurrency-crash.html
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Looks like there is a cartel that really wants to see bitcoin die but this will require a lot of resources to achieve as bitcoin and other cryptocurrencies are supported by many people from all over the world, hope they don't run bankrupt in the process and as for our whale friend I think what he or she did did have an effect only because other factors mentioned above occurred almost at the same time

[Daddyj2]

Thanks for the good and detailed replies  . Me I was thinking that many people panic sells because of this guy and the FUD spreading on Reddit. It's like a domino effect when there is a bad news like these people start to panic sell and cause the market to crash.

[iTradeChips]

I do not think he is the reason why Bitcoin crashed in the late quarter of 2017 and early 2018. Many many factors contribute to that crash and many even agree that it was really not a crash but bitcoin is just correcting itself after the FOMO of 2017.

[Oasisman]

Do you believe that this man crashed Bitcoin this 2018? This man https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash This might be the reason why the market has been swinging lately and can't recover.

P.S
Not spreading FUD. Just want to know what's your opinion on this.


HODL! HODL! HODL! HODL!  

There are a lot of factors why Bitcoin crashed, It was even speculated last December 2017 after reaching the new ATH, that btc is bound to crash this year.
He is just one of the many reasons of the crash, he is not the MAIN reason. Plus there are a lot of people who spread FUD in the community causing the other investors to sell immediately. I rather believe in the whales manipulating the prices in crypto market.

[mbah]

that kind of thing is common with a goal just to give the issue just so that the people who panicked and sold the assets they have. the way of addressing this is quite calm and do not panic too.

[bitcoinzen]

i heard Mt gox trustee sold 30 thousand bitcoin so the market is crashed but this news is circulating in the market is it a person sold or a trustee sold right information is confused

[TravelMug]

i heard Mt gox trustee sold 30 thousand bitcoin so the market is crashed but this news is circulating in the market is it a person sold or a trustee sold right information is confused

Its the Mt. Gox trustee who have been doing this after all. He has been dumping the coins since December up to now that's why suddenly bitcoin is having a hard time to take off and when we are about to make a rally, this guy offloads then shit happens to the market.

I guess we are still can't get away with the ghost of Mt. Gox because up to know if keeps crashing the market and we don't know that intention of the trustee. Is he that dumb that everytime he solds has a drastic effect on the price or he is influence by someone so that they can take advantage and buy bitcoin at a cheap price?

[BitcoinBallerina]

Yes this is the fool who has been selling the MT GOX Bitcoins on exchanges instead of OTC. How can someone so uneducated about the markets be given the keys to such a large amount of Bitcoins is beyond my comprehension.

[u9y42]

i heard Mt gox trustee sold 30 thousand bitcoin so the market is crashed but this news is circulating in the market is it a person sold or a trustee sold right information is confused

Its the Mt. Gox trustee who have been doing this after all. He has been dumping the coins since December up to now that's why suddenly bitcoin is having a hard time to take off and when we are about to make a rally, this guy offloads then shit happens to the market.

I guess we are still can't get away with the ghost of Mt. Gox because up to know if keeps crashing the market and we don't know that intention of the trustee. Is he that dumb that everytime he solds has a drastic effect on the price or he is influence by someone so that they can take advantage and buy bitcoin at a cheap price?

Yes this is the fool who has been selling the MT GOX Bitcoins on exchanges instead of OTC. How can someone so uneducated about the markets be given the keys to such a large amount of Bitcoins is beyond my comprehension.

Usually ignorance is a sufficient explanation but, if these sales were all indeed done directly through market orders on exchanges (and not Off-The-Counter), it's hard not to believe some select people got a lot richer with their shorts.

And it looks even worse when you consider that, regardless of whether this was the main cause of the crash (it was certainly not the only reason but), the trustee surely must have had the obligation not to decrease the value of the remaining assets (the BTC he still holds) - but the way he went about getting rid of the coins, with a few large market orders, clearly put the value of those assets at risk.

[Baoo]

Honestly, it is unfortunate what happens in this period of frequent crises in the price of bitcoin and maybe this man (who sold a big proportion of bitcoin) crashed the price, but this is not the main reason for this big fall. and in my opinion, the capitalist (who have the largest proportion of this currency in the market cap) control the value of the price.

Furthermore, in this period, they sold a huge amount of their money and their main goal for that is a devaluation of Bitcoin price and other currencies ( because when there is a drop in Bitcoin , all other currencies will go down ) ,so  they  will buy again when there is a significant drop , to ensure a big profit in the future.
So this volatility of the price is a  manipulation from the capitalists. 

[Colendi Announcement]

We have too many proofs for discussing the reality of this transaction

[coin-investor]

Do you believe that this man crashed Bitcoin this 2018? This man https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash This might be the reason why the market has been swinging lately and can't recover.

P.S
Not spreading FUD. Just want to know what's your opinion on this.


HODL! HODL! HODL! HODL! 

Yes that is the reason, but I don't consider that a long term effect, it will come to pass, I think it's good for those who want to buy at a much lower price, some buy order has been completed, now Bitcoin is back again in its bullish trend I hope it will continue to be bullish

[LaLegiste]

I guess binance trading bots hacked were the main reason of 7-8th of march dip. Though the news about Mt.Gox trustee selling loads of BTC/BCH didn't help too for sure. But in my opinion it was another try to manipulate the market with the information background. The sales took place since decemeber and weren't so large to dump the prices. But we've heard about it only last week aside with the bad news about regulation in USA and China to increase the panic sells.

[sunsilk]

Not 2018, it's too early to say that this year ends and its the only reason that can lead the market to crash.

But I believe that guy is the reason for the current crash that we experienced. And everyone believes that after this incident bitcoin can go to another ATH due to this.

I do not think he is the reason why Bitcoin crashed in the late quarter of 2017 and early 2018. Many many factors contribute to that crash and many even agree that it was really not a crash but bitcoin is just correcting itself after the FOMO of 2017.

He is one of the contributor for this current crash.

[u9y42]

I guess binance trading bots hacked were the main reason of 7-8th of march dip. Though the news about Mt.Gox trustee selling loads of BTC/BCH didn't help too for sure. But in my opinion it was another try to manipulate the market with the information background. The sales took place since decemeber and weren't so large to dump the prices. But we've heard about it only last week aside with the bad news about regulation in USA and China to increase the panic sells.

Well, it didn't really help with the March 7 dip that the trustee stated:

"I plan to consult with the court and determine further sale of BTC and BCC,".

... while holding 166k BTC and, apparently, no regard for the market's stability. Hopefully, the remaining coins won't be sold (nor given to Karpeles), but instead returned to the creditors (I think the coins' fate will be determined sometime in September?).

[Akramovkomer]

Do you believe that this man crashed Bitcoin this 2018? This man https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash This might be the reason why the market has been swinging lately and can't recover.

P.S
Not spreading FUD. Just want to know what's your opinion on this.


HODL! HODL! HODL! HODL! 

only because of it is unlikely that the price falls so, but it affects the price drop. Plus news background negative and the result on the face

[krauzzer02]

i heard Mt gox trustee sold 30 thousand bitcoin so the market is crashed but this news is circulating in the market is it a person sold or a trustee sold right information is confused

It's all over the news right now, some of the articles said that it is a panic selling from the trustee itself of the MT.gox and other stated that they are selling tons of bitcoins and the forks like BCH and they are waiting for the other forks to pump in order to pay its debts from the recent hacking incident of this exchange last 2014, but the panic selling is really fishy to me cause the price of bitcoin last December was almost 20k USD the same with the BCH and other altcoins, why enter of such panic if the cryptocurrency price is at good run.

[Febo]

Do you believe that this man crashed Bitcoin this 2018? This man https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash This might be the reason why the market has been swinging lately and can't recover.

P.S
Not spreading FUD. Just want to know what's your opinion on this.


HODL! HODL! HODL! HODL! 

Let me ask you something.  Do you believe that 40000 Bitcoin can crash a market long term?  Yes of course they should reduce a price, but no way crash it.  

Everyone is free to do with his cons whatever he want. Satoshi can let them rotten on his wallets forever if he want.  If you believe that this puny 40k BTC crashed market what would Satoshis 20 times more coins do then?

[ICO BLOG]

Not possible for 1 man to crash this way...

[go4crypto]

I do not believe this is the reason of this correction. This does not explain why all other coins have gone through an even bigger correction than bitcoin.