Mt Gox BTC sale imminent. Is this the beginning of the real bear market?

[honghe99]

No!It is better not to happen in this situation. Now that the market has just been restored for a few days,but you have said that it will collapse again. This is something that no one wants to see.

[Yaunfitda]

There is a strong possibility the market will crash: if it does buy on the lows and the next surge in BTC and Alts will be the real deal. The surge in April might not have been the real deal?
Opinion only by by me!!
Hope I am right because I want to buy into some positions!
I think the big boys want a major crash so they can get in!
Many missed the boat because they were caught by surprise with the BTC spike that originated from a group or individual that did this!
Regulation is still up in the air!

Lol. What you wanted to happened is to buy more that's why you want the price to go down again. That is not an opinion. That is what you wish for dude so that you can open up your position. Why don't you get in with the current price instead of waiting for thing that will not likely to happen?

And Isn't it the Mt. Gox trustee can't dumped or offload the bitcoins in his possession unless order by the court? And the next hearing will be in September so I doubt the scenario that you are trying to portray will happen unless the trustee decides to offload it without the court intercession. But doing so will result in him getting into jail for sure.

[Ozero]

As far as I know, it's about 16,000 BTC. And the network immediately appeared a message to prevent an ambiguous interpretation of this sale.

"Following consultation with cryptocurrency experts, I sold BTC and BCC, not by an ordinary sale through the BTC/BCC exchange, but in a manner that would avoid affecting the market price, while ensuring the security of the transaction to the [greatest] extent possible,"

This is direct quote from Mt. Gox Trustee Kobayashi. As you can see, this transaction can not affect the course of Bitcoin in any way.

This is a good information about mt gox dumping all they possessed in a manner that shall have no effect on the course of the btc price movement but as good as that may sound; do you have any link to proof the authenticity of your claim ?

Mt. Gox from Tokyo has another 180,000 bitcoins for sale, which he is going to put on the market in lots for sale in order to settle with creditors. According to one information, this can happen in September. Therefore, bitcoin can expect hard times. In this regard, it is difficult to predict the growth of bitcoin this year. He can both rise sharply and fall abruptly.

[Ariem]

They have been selling it and is one of the reasons for fueling the price dip. But the periodic selling and the decreasing amount and effect of it can't have a large influence on the price anymore.

Kobayashi announced in a document on Mar. 7 that 35,841 BTC and 34,008 BCH had been sold between December 2017 and February 2018

After selling more than 35K BTC in the short period of time, we still have a sustaining BTC price.

I hope that Kobayashi will be smarter next time, and maybe will sell them in some kind of private sell, but not just dump coins on the exchange, after all I guess he is interested in good price for his remaining coins.

[Crasengover]

I think that we already survied the bear market, and the current fall is nothing but a short correction which usually follows such rise which happened a week ago. More and more big investors enter the market so I hope to see a strong bull market during the next month.

[thepo1m]

There is no doubt these BTC will come to the market, we just don't know when this will be, but there is no information in the space to sugget MT GOX is about to begining selling the remaining BTC in their possesion. It is better to sell now and remove all these uncertainties from the space

[euggio]

So it seems sale goes in parts, at the previous sales the market fell but not so strongly, there was a correction. So I think so not much affected

[thepo1m]

There is no doubt these BTC will come to the market, we just don't know when this will be, but there is no information in the space to sugget MT GOX is about to begining selling the remaining BTC in their possesion. It is better to sell now and remove all these uncertainties from the space

[Tilbrook007]

As far as I know, it's about 16,000 BTC. And the network immediately appeared a message to prevent an ambiguous interpretation of this sale.

"Following consultation with cryptocurrency experts, I sold BTC and BCC, not by an ordinary sale through the BTC/BCC exchange, but in a manner that would avoid affecting the market price, while ensuring the security of the transaction to the [greatest] extent possible,"

This is direct quote from Mt. Gox Trustee Kobayashi. As you can see, this transaction can not affect the course of Bitcoin in any way.

This is a good information about mt gox dumping all they possessed in a manner that shall have no effect on the course of the btc price movement but as good as that may sound; do you have any link to proof the authenticity of your claim ?

Are you kidding me? I gave you an authentic speech. Copy words into the Google search or whatever you use there and find hundreds of sources.Choose any of them.
coindesk.com 
cointelegraph.com
news.bitcoin.com

Let’s say whoever buys the BTC from Mt Gox dumps them on the open market and at the same time does a short on the CME: BTC goes down and the short takes the money.

[xiaoyum]

As far as I remember Mt Gox lawyer said he didn't sell any bitcoins meanwhile all others state he did sell some amount at weird lower prices. I just guess mt gox selling will really shake market, including all altcoins but it won't be 'impossible to return back' crash.

[Encelad]

If we take this news into account, we are expecting a very lively market in the near future. Those who know how to trade on the exchange can make good money on the upcoming swing. It is the swing that awaits us ahead, there will not be a major market crash.