Bitcoin will go down!

[minersday]

To be honest, no one cares about NVIDIA, AMD, and such other shits, so for me, it is all fake and the price will never go lower than what it is right now.

it touched the bottom last month, and it was the lowest price that it could be.

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.

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[TTITA]

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.

Good one optimistic, lets get back on last year a moment when Roger Ver gangs behind BitcoinCash want to break down Bitcoin price from market, but it was failed, Bitcoin has recovery and still keep momentum become #1 Crypto coins in the market.

[bocyaj]

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?

There may be a fluctuation in the price of bitcoin now.But the price of bitcoin will not move to lower end now.I think the price of bitcoin is moving towards the 10k$.I had checked in coin base,the price of bitcoin is above 8600$ and not 7000$.If any country made a bitcoin as illegal,we are forced to see this 7000$ in the market.

[gon]

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 can't be the MtGox guy, as he need to wait the next court session before able to sell again. The session is pointed for Q4.

If you have 60M in BTC and want to manipulate the market for some reasons, then OK, a quick dump can happen. But if you sell it 500 a day just turn it into fiat, nobody will notice it.

[Greenkarki]

As far as the current situation the price of bitcoin is very less when compared to last year. But the price will not go down drastically. There is a small pump and dump happens when you watch coinmarketcap. So bitcoin will never go let down. The bitcoin market will come up again with huge growth.

[Lumada]

As far as the current situation the price of bitcoin is very less when compared to last year. But the price will not go down drastically. There is a small pump and dump happens when you watch coinmarketcap. So bitcoin will never go let down. The bitcoin market will come up again with huge growth.

Yeah, bitcoin and other crypto will survive on this matter having this news all over sucks, but once it became done it will sure make another ATH.

[lablab03]

Don't be scared guys and control your emotions 'cause indeed it always happened and after this scenario the price will continue to grow for sure, and perhaps it will never go below 7k just keep holding.  it's just a fud's which trying to manipulate the price to buy in a cheap price. 

[pooya87]

7000 BTC was moved to Bittrex.
Bitcoin will go down

these two are not even related!
bittrex is an altcoin exchange platform not a bitcoin one. it has a bitcoin/tether market but last time i checked not only tether markets on exchanges like this didn't affect the price but it also doesn't even have enough liquidity to do anything.

[maxamus]

Don't be scared guys and control your emotions 'cause indeed it always happened and after this scenario the price will continue to grow for sure, and perhaps it will never go below 7k just keep holding.  it's just a fud's which trying to manipulate the price to buy in a cheap price. 

Yes if there is any dump due to market situation it's natural for any business or any product but when it comes to crypto people end up selling all the crypto coins they have during price dump which effects the market negatively.

[Yaunfitda]

Don't be scared guys and control your emotions 'cause indeed it always happened and after this scenario the price will continue to grow for sure, and perhaps it will never go below 7k just keep holding.  it's just a fud's which trying to manipulate the price to buy in a cheap price. 

The problem is that too many people are easily swayed and for those newbies who are reading this thread, the title is somewhat misleading as I believed that the Mt. Gox trustee can't moved the coins without any court order so I don't know if this is a deliberate misinformation or someone is really manipulating the price from behind so that they can purchase cheap bitcoin.

And you will noticed that so called experts are seeing a price of $7K, which I don't think is possible as we have strong support at $8K levels.

[magneto]

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?

Look, there is no point speculating whether Mt Gox is doing this or not. Just because someone moves coins doesn't mean that they are going to dump it all at one time or they're going to sell any at all.

The major resistance so far has proven to be along the lines of $9k. BTC did breach it once but failed to hold its ground above that level. Second time, it was unsuccessful at even hitting $9k even though it was well within reach.

So it's clear that there are bears keeping the prices down below $9k. Whether it's going to be Mt Gox behind this or Winklevoss twins dumping I don't know and I don't think it's ever going to be confirmed. Though doesn't matter who's dumping - someone is taking their profits now and feeling bearish. We may drop back to $7k-8k range but for now, we're probably going to recover up to a level close to $9k and test it again, if it doesn't reach it, then we may truly be in a bearish state for a couple of months.

[leonair]

Conspiracy theories once again! because the price of Bitcoin is not rising that doesn't mean this is true or Bitcoin will go down for the nth time.

If it really was move to Bittrex does that mean it will be withdrawn into Fiat? then if that the case maybe it will affect the price of Bitcoin because 7k BTC is big but if I am the owner of that big numbers of Bitcoins I will not sell it today because I believe that the price of it will rise soon.

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

Please calm your tits, you are just assuming things that will feed your imaginative mind.

[eann014]

Yes for sure it will go down and I think will go down more. Bitcoin is not that indemand nowadays because also with its price right now that's why there is only less people who are interested in bitcoin. Maybe if bitcoin price will go up, many people will get back their interest with bitcoin again.

[pluMmet]

Indeed looks bitcoin will fall, but there are more likely that the bitcoin will come back up and to the invested it will be felt confused what to in doing, whether to sell or holding bitcoin

[Lancusters]

Yes for sure it will go down and I think will go down more. Bitcoin is not that indemand nowadays because also with its price right now that's why there is only less people who are interested in bitcoin. Maybe if bitcoin price will go up, many people will get back their interest with bitcoin again.

You are not right. Interest in bitcoin is not reduced. Whales manipulate prices that's true, but it doesn't know that the number of users is decreasing. Many coins are concentrated in the hands of several people. This allows them to manipulate prices, but does not affect the popularity of bitcoin. The price will rise after the coins disperse among a large number of people.

[upsidedown75]

Indeed looks bitcoin will fall, but there are more likely that the bitcoin will come back up and to the invested it will be felt confused what to in doing, whether to sell or holding bitcoin

Whatever may happen I do prefer holding my bitcoins even bitcoin may break the previous bottom. But I do foresee that is not happening. I have been hearing the rumor (though still a rumor anyway) that the MtGox guy is pausing till September, so in the long run, you can just decide to view that bitcoin will bounce back or not until the further notice.

Apparently, whoever is not bullish on bitcoin in the long run is definitely not supposed to be here but I sure would not mind a very low price like you said and anyone who wants to panic should watch me at the top as I keep getting more profit in the long run.

[bhadz]

This can be due to this Mt. Gox Sell Off Paused Until September – Will Bitcoin Price Reach $20,000 Again?  and what they want to do is sell before it all ends. Well we are all guessing who's behind this but don't make the people panic.

Indeed looks bitcoin will fall

What's with that fall Just because someone wants to sell those coins it will be the fall of bitcoin? Don't think that way. Everyone wants to earn bitcoin and we are just in little situation while owner of those bitcoins does hold a lot.

[creeps]

Don't be scared guys and control your emotions 'cause indeed it always happened and after this scenario the price will continue to grow for sure, and perhaps it will never go below 7k just keep holding.  it's just a fud's which trying to manipulate the price to buy in a cheap price. 

After a days of pumping not bitcoin is dumping again, but for me there's no reason to be scared. This is a great market, wake up! look at how every government showing some interest to support this thing simply because they know the opportunities of cryptocurrency in the future.

[chillitabit]

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?

you don't know if the price will go down, which means you're just spreading the fud. The reason could be that you're trying to decline the price to benefit from shorting your coins..

[buwaytress]

Oh yawn, since when has 7000 bitcoins meant anything these days? Enough Mt Goxxing, this is the pullback that was bound to happen after the G20 attribution last week. Bears are gathering round this wintering market. The US Taxman has a mid April deadline before it starts going after all the people supposedly evading tax, so that might play a little into crypto sentiment in North America. Any hopes of Bitcoin stabilizing during the remainder of March seems to be fizzling out today, but there's still plenty of positives to take from Bitcoin's resistance at these levels.

Can't say I'm upset we didn't see 9.5k as I thought last week. Just more buying opportunities, I say.