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Author Topic: 10.000 bitcoins moved from gox wallet ready to short BTC  (Read 163 times)
stompix
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April 04, 2018, 03:53:23 PM
 #21

It's a confirmed mt.gox wallet, on that we can agree,

Confirmed by who?

Cats out of the bag..  Since I posted this they just sent 700 btc to one exchange and 400btc to another.

And your proof for this claim is?
On second thought....what is wrong with Bittrex sending coins to Bitstamp or whathever?

This looks like FUD. Let's confirm:

First of all, what makes you think it's from the Gox wallet? I can't find it on the (admittedly incomplete) list of addresses here: https://www.reddit.com/r/mtgoxinsolvency/comments/82m0dl/mtgox_trustee_has_sold_some_btc_and_bch/dvd2vre/

Second, the receiving address for those 10,000 BTC is part of a Bittrex wallet: https://www.walletexplorer.com/wallet/Bittrex.com?from_address=1N52wHoVR79PMDishab2XmRHsbekCdGquK

Of course there is no proof that this address is linked to Mt Gox.
And most important thing is that it didn't receive any funds till 2016 and at that point nobody was moving coins for Mt Gox.

It's just another wave of people panicking for no reason at all.

... You can't sell for fiat money on Bittrex, and they don't have any OTC service that I know of. So it wouldn't make any sense for the trustee to send coins there.

Didn't know that...
So they deal in with Tether ?

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Proton2233
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April 04, 2018, 04:36:19 PM
 #22

I've heard that the Manager of mt.gox translated 70 000 bitcoins on Bittrex account. Perhaps these bitcoins are part of these coins. I don't understand why these bitcoins are constantly moving through accounts. Maybe the whales use these accounts to panic and lower prices. Let's see. Perhaps tomorrow we will see another price drop.
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April 04, 2018, 06:16:46 PM
 #23

I've heard that the Manager of mt.gox translated 70 000 bitcoins on Bittrex account. Perhaps these bitcoins are part of these coins. I don't understand why these bitcoins are constantly moving through accounts. Maybe the whales use these accounts to panic and lower prices. Let's see. Perhaps tomorrow we will see another price drop.

Look no further: the price drop is here, most likely because people read these things and it causes panic sells, who knows if the whale even sold. Last thing I heard is they weren't going to sell again until september. Also unless the idiot doing this job doesn't want to end up getting killed by an angry Bitcoin billionaire hodler, he should go OTC, otherwise dumping at market prices on freaking Bitstamp and Kraken is a direct attack on Bitcoin, and shall not be tolerated.

In any case, just buy the god damn dip. 21 million coin limit is there irrespective of 10,000, 100,000 or 1,000,000 coins getting dumped, they are switching hands, so make sure to be the one getting the coins.

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April 05, 2018, 05:25:44 AM
 #24

I don't understand why people keep going nuts over this. Everything is being taking care of in a legal manner, which means that these coins can't and won't get dumped randomly, especially not if you take into consideration that there is nothing left to sell for - the required amount to pay victims back is already present. Also, you guys need to try harder to cause panic, the 10,000BTC were sent to a Bittrex wallet. Nice try.

https://chainz.cryptoid.info/btc/address.dws?1N52wHoVR79PMDishab2XmRHsbekCdGquK.htm

this is just another excuse to spread FUD and excuse for others to panic.
sometimes people don't even care if the news is real or not, it may sometimes be real but not effective but they still will panic over it and start selling their bitcoins. and the market, specially the big players have always liked this for as long as the market was active that is how they make a lot of money anyways.

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Wind_FURY
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April 05, 2018, 07:01:58 AM
 #25

I've heard that the Manager of mt.gox translated 70 000 bitcoins on Bittrex account. Perhaps these bitcoins are part of these coins. I don't understand why these bitcoins are constantly moving through accounts. Maybe the whales use these accounts to panic and lower prices. Let's see. Perhaps tomorrow we will see another price drop.

What I heard is the MtGox trustee was moving them to Bittrex because he plans to pump Decred with them. Hahaha.

But seriously, they are all speculation and you must not make your investment decisions because you "heard" something. They are good for gossip and small talk, nothing more.


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