Bitcoin will go down!

[GhostWithin]

7000 BTC was moved to Bittrex.
There are rumors that MtGox is involved in this. There are some implying association to Mt.Gox, Bittrex wallet and even Winklevoss.  But in any case, trying to sell them quickly can reduce the price of bitcoin.

https://bitinfocharts.com/bitcoin/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

As soon as the price grows, it is lowered down again.
Do you still think that this is a coincidence?

[1714056702]

1714056702

[1714056702]

1714056702

[1714056702]

1714056702

[hacekd]

7000 BTC was moved to Bittrex.
There are rumors that MtGox is involved in this. There are some implying association to Mt.Gox, Bittrex wallet and even Winklevoss.  But in any case, trying to sell them quickly can reduce the price of bitcoin.

https://bitinfocharts.com/bitcoin/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

As soon as the price grows, it is lowered down again.
Do you still think that this is a coincidence?

Bitcoin prices also fell from US $ 14,156. Whereas Bitcoin was able to start stronger at the beginning of last year, and continued its momentum to finally create a global euphoria for cryptocurrency. the movement of Bitcoin tends to fall because it does not have a factor underlying their value.

[pealr12]

7000 BTC was moved to Bittrex.
There are rumors that MtGox is involved in this. There are some implying association to Mt.Gox, Bittrex wallet and even Winklevoss.  But in any case, trying to sell them quickly can reduce the price of bitcoin.

https://bitinfocharts.com/bitcoin/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

As soon as the price grows, it is lowered down again.
Do you still think that this is a coincidence?

Mt. Gox again?. Maybe it will be the last time they want to drive the price to go down again. If they fail again bitcoin will surge going up.

[ultrloa]

7000 BTC was moved to Bittrex.
There are rumors that MtGox is involved in this. There are some implying association to Mt.Gox, Bittrex wallet and even Winklevoss.  But in any case, trying to sell them quickly can reduce the price of bitcoin.

https://bitinfocharts.com/bitcoin/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

As soon as the price grows, it is lowered down again.
Do you still think that this is a coincidence?

As I know Mt.gox funds has been frozed up and they cannot sell their coins untill september or whatever(just read it but not sure with this) but if that claim is true then it can hurt the bitcoins stability and mayne we may suffer from huge fall. I just wonder why this Mt.Gox issue keeps stopping the surge and hope they will done for it and let the bitcoins price go fly.

[Yaunfitda]

7000 BTC was moved to Bittrex.
There are rumors that MtGox is involved in this. There are some implying association to Mt.Gox, Bittrex wallet and even Winklevoss.  But in any case, trying to sell them quickly can reduce the price of bitcoin.

https://bitinfocharts.com/bitcoin/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

As soon as the price grows, it is lowered down again.
Do you still think that this is a coincidence?

As I know Mt.gox funds has been frozed up and they cannot sell their coins untill september or whatever(just read it but not sure with this) but if that claim is true then it can hurt the bitcoins stability and mayne we may suffer from huge fall. I just wonder why this Mt.Gox issue keeps stopping the surge and hope they will done for it and let the bitcoins price go fly.

Exactly, before the trusty can moved out the coins he needed some court order to do that and that is on September. So I don't know how he was able to do such move.

I don't know, but I remember one member created a simple apps to track the movement. Here is it:

http://coindata.info/mtgox.php

I don't see any movement there as the balance is still 162105.84 (at least the remaining balance as far as I know).

[Slash61]

7000 BTC was moved to Bittrex.
There are rumors that MtGox is involved in this. There are some implying association to Mt.Gox, Bittrex wallet and even Winklevoss.  But in any case, trying to sell them quickly can reduce the price of bitcoin.

https://bitinfocharts.com/bitcoin/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

As soon as the price grows, it is lowered down again.
Do you still think that this is a coincidence?

Mt. Gox again?. Maybe it will be the last time they want to drive the price to go down again. If they fail again bitcoin will surge going up.

Hmm mt.gox never get bored to push the price down, you're right sir! If this urge fails, then there will be an unexpected price spike. Even in my personal opinion, the price will greatly increase to a higher level and most likely, traders and investors will again multiply all its profits.

[Basmic]

The fact that the price of bitcoin will decline can not even doubt. Whales chase bitcoin mtgox on all exchanges. They already know all the account numbers and won't let their coins out of hand. I want this to end quickly. Mtgox depositors lost money twice. The first time hackers broke into the stock exchange and the second time they became victims of whale hunting.

[1Referee]

We're moving within an obvious range, where we failed for the second time to break through the fierce resistance around the $9000 level. In other words, failed attempt will push the price back to the lower end of the range (+$8000'ish), to charge itself up for another attempt next week. It will be interesting to see if the third attempt will do it, because if not, there is a higher chance for it to dip below $8000 again rather than to charge up for another attempt. Either way, it makes no difference for those who are looking to buy themselves some coins for long term holding purposes.

[crairezx20]

What I saw for the price movement it just a slight fall down and I think the 7000 bitcoin is not from MT.gox and I think they don't have the plan to sell them all and maybe bittrex owes that amount of bitcoin that I think they will use for selling bitcoin not for helping push the price down.

If they are planning to push down the price well the price should be decreased a lot, but look at the price movement it getting increases again.

Better to support bitcoin and hold and don't spread any FUD to prevent panic selling.

[Palmerson]

What I saw for the price movement it just a slight fall down and I think the 7000 bitcoin is not from MT.gox and I think they don't have the plan to sell them all and maybe bittrex owes that amount of bitcoin that I think they will use for selling bitcoin not for helping push the price down.

If they are planning to push down the price well the price should be decreased a lot, but look at the price movement it getting increases again.

Better to support bitcoin and hold and don't spread any FUD to prevent panic selling.

I'm not afraid of panic. I'm surprised to hear that people are afraid that the price of bitcoin will fall. It's okay. The more bitcoin price falls the higher it will rise later. Selling bitcoins mtgox also does not scare me. All these coins were already on the market. Now their will buy the other is a master and the price rebounds. I don't see any reason to panic.

[aso118]

7000 BTC was moved to Bittrex.
There are rumors that MtGox is involved in this. There are some implying association to Mt.Gox, Bittrex wallet and even Winklevoss.  But in any case, trying to sell them quickly can reduce the price of bitcoin.

https://bitinfocharts.com/bitcoin/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

As soon as the price grows, it is lowered down again.
Do you still think that this is a coincidence?

Is this a Bittrex address? Even if 7000 BTC was moved to Bittrex, it can't be Mt Gox or Winklewoss. Those biggies would be interested in converting bitcoins into fiat, whereas Bittrex is a crypto only exchange. So there is no fear of a Bitcoin collapse. These might be used to pump an altcoin, but it would be impossible to figure out which one that might be.

[gilangIDR]

7000 BTC was moved to Bittrex.
There are rumors that MtGox is involved in this. There are some implying association to Mt.Gox, Bittrex wallet and even Winklevoss.  But in any case, trying to sell them quickly can reduce the price of bitcoin.

https://bitinfocharts.com/bitcoin/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

As soon as the price grows, it is lowered down again.
Do you still think that this is a coincidence?

I think this is a common thing, I think more of it being done by someone. And we all know that bittrex is a quality exchange so the trust factor is the most likely reason in my opinion. Maybe you want to say that there is something strange and awkward, but we are all on a very difficult path to predict. Any news can be true and can be wrong. So I think we should always assume a positive because it can make the level of confidence in bitcoin increasing and that will increase the bitcoin price as well.

[YuginKadoya]

it already is getting a dip with in the price,  This is a collaborative manipulation of the price and schemingly up to something we already have a February red days month and right now March is getting a repetitive outcome of that same month, But I really think they can not mostly control bitcoin and it will still continue to recover in value even if they had a plan to destroy it, It is pretty impossible to do such thing a currency that is decentralized.

[BitcoinPanther]

I believe someone is pushing the price down with these MT. GOX stuff.  The decision is on September, so this news about the MT.GOX fund is clear to  say as FUD to spread panic to people and shaken weak hands because we all know that there is a huge chance that Bitcoin will be bullish during April and May  month.

[Duogembrot]

7000 BTC was moved to Bittrex.
There are rumors that MtGox is involved in this. There are some implying association to Mt.Gox, Bittrex wallet and even Winklevoss.  But in any case, trying to sell them quickly can reduce the price of bitcoin.

https://bitinfocharts.com/bitcoin/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

As soon as the price grows, it is lowered down again.
Do you still think that this is a coincidence?

it seems that the price will decrease by a few percent again, that's just 5k bitcoin alone that tell how the total bitcoin that MTgox has used to destroy the price until it returns to the lowest point again is sure this is very horrible, MTgox can be a bomb of time that can explode anytime knocking down the bitcoin price.

[Inkdatar]

What I saw for the price movement it just a slight fall down and I think the 7000 bitcoin is not from MT.gox and I think they don't have the plan to sell them all and maybe bittrex owes that amount of bitcoin that I think they will use for selling bitcoin not for helping push the price down.

If they are planning to push down the price well the price should be decreased a lot, but look at the price movement it getting increases again.

Better to support bitcoin and hold and don't spread any FUD to prevent panic selling.

I'm not afraid of panic. I'm surprised to hear that people are afraid that the price of bitcoin will fall. It's okay. The more bitcoin price falls the higher it will rise later. Selling bitcoins mtgox also does not scare me. All these coins were already on the market. Now their will buy the other is a master and the price rebounds. I don't see any reason to panic.

Whatever the current situation is, even the price went fall down because of this issues we would not decides to panic selling. Their is a tendency value could go lowered again, thus it is not long we can experience this down market.

[mostkey]

I also believe that MtGox is behind it all. 7000btc is a very large number and it is not possible for ordinary people to make such transactions by transferring to exchange. and I'm sure if 7000btc is on sale. it could cause the price to crash again

[BrewMaster]

haha, i knew it is going to soon become the "new thing" that people use to talk about bitcoin price and how it is going to drop because some coins moved!
the blank amount of bitcoin moves is the new China banned bitcoin now

and the funny part is, just like China banned bitcoin, this moving of large amounts happens too often. i dare say every day some large amount of bitcoin is being moved.

[tomahawk9]

These words "Bitcoin will go down" just sound like someone trying to spread FUD, though i don't know if that was your intention. Nevertheless, you should get your facts straight because, as some people have said, the fate of the remaining btc from MtGox are in the hands of japanese law, the trustee can't just go around moving thousands of BTC.

About 7000 BTC, who said MtGox are involved in this? if you don't post some kind of reference then it looks like you're the one spreading such rumours.

I also believe that MtGox is behind it all.

No, those coins belong to a bittrex operation (they're probably just moving 7k btc from one cold wallet to another, or someone is withdrawing btc) but there are no connections to mtgox.

[beskid]

I do not think that bitcoin can go down for less than 8k US dollars for a long time. As with the bitcoin price below 8k, such corporations as AMD and Nvidia will begin to suffer serious losses from the loss of consumers of their products. This is only related to mining.