Bitcoin Forum
May 07, 2024, 03:35:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Exchange staff says they will dump ''soon'' (move to ''speculation'')  (Read 2262 times)
bitcoinlitcoinbtcltc (OP)
Hero Member
*****
Offline Offline

Activity: 717
Merit: 501



View Profile
January 27, 2014, 03:46:56 AM
 #1

Posted in wrong forum, move to ''speculation'' please!

I read this yesterday:

''I am sure no one reads this as all the delusional bitcoin fanatics downvote anything negative. But in case you do, and in case you share the same 'opinion' as I do, here is a little tip from an 'insider': as I am close to an exchange, a huge dump is planned in the near future. The exchange will go temporarily offline (like many times before) in order to fulfill the sell-orders successfully. There is a special reason why I am writing this, but I will not disclose it, as it might harm me.''

I can't find the comment anymore but it was posted somewhere in a bitcoin related thread on Reddit.

I think it is true, with all the negative news coming from China.
I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715096110
Hero Member
*
Offline Offline

Posts: 1715096110

View Profile Personal Message (Offline)

Ignore
1715096110
Reply with quote  #2

1715096110
Report to moderator
1715096110
Hero Member
*
Offline Offline

Posts: 1715096110

View Profile Personal Message (Offline)

Ignore
1715096110
Reply with quote  #2

1715096110
Report to moderator
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
January 27, 2014, 03:59:43 AM
 #2

Stop spreading stupid reddit rumours, please.
redwraith
Full Member
***
Offline Offline

Activity: 188
Merit: 102



View Profile
January 27, 2014, 04:01:48 AM
 #3

Since you only have 19 posts, I read every one of them and have come to the conclusion that you are just as delusional as the "bitcoin fanatics" that you deride.  You are simply one of hundreds if not thousands of people who throughout history have used a calendar date to push a message or vendetta.  I think you will find that China's influence on bitcoin is highly over-rated and will leave many China "fanboys" dissapointed on their Day of Doom.   If anything does happen, it'll probably be similar to the Silkroad shakedown: brief spill, then move to all time highs.  

Go back to the Trollbox where you belong.
keithers
Legendary
*
Offline Offline

Activity: 1456
Merit: 1001


This is the land of wolves now & you're not a wolf


View Profile
January 27, 2014, 04:59:31 AM
 #4

You just made a huge red candle on all the exchanges...... Not
thinkloop
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
January 27, 2014, 08:23:29 AM
 #5

How did you quote the comment if you can't find it?
stompix
Legendary
*
Offline Offline

Activity: 2884
Merit: 6310


Blackjack.fun


View Profile
January 27, 2014, 09:10:08 AM
 #6

This is the worst piece of FUD I've seen in a while.

You didn't even bother to come up with this. Post something on reddit with a new fake account , use twitter for this or something.
And have some sockpuppets accounts confirm this or +1 for you.
Without this , it's just lame.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
Tzupy
Legendary
*
Offline Offline

Activity: 2128
Merit: 1074



View Profile
January 27, 2014, 10:34:59 AM
 #7

While it's probably FUD, after thinking about it, I believe it would make sense for MtGox to do that.
They must have a sizable stash of bitcoins from fees, that would be available to dump. They are the only ones
who could withdraw fiat from themselves in a reasonable amount of time. And they probably still need some
serious fiat to pay various legal fees. What fiat they won't need in the near future, they can use that several
months from now to pump up the next bubble from much lower prices.
So I think it would make sense, but it could be seen as a conspiracy and against the law.

Sometimes, if it looks too bullish, it's actually bearish
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
January 27, 2014, 12:11:19 PM
 #8

While it's probably FUD, after thinking about it, I believe it would make sense for MtGox to do that.
They must have a sizable stash of bitcoins from fees, that would be available to dump. They are the only ones
who could withdraw fiat from themselves in a reasonable amount of time. And they probably still need some
serious fiat to pay various legal fees. What fiat they won't need in the near future, they can use that several
months from now to pump up the next bubble from much lower prices.
So I think it would make sense, but it could be seen as a conspiracy and against the law.

You are missing the point. Nobody cares about Gox any more.
Tzupy
Legendary
*
Offline Offline

Activity: 2128
Merit: 1074



View Profile
January 27, 2014, 12:23:36 PM
 #9

Maybe you are missing an important point. The bid size (at least on paper) on Gox is about 2.5x larger than on Bitstamp.
It's true that Gox has only 21% of the USD volume while Bitstamp and BTC-E have each 28%, according to bitcoincharts.
But Gox seems to be the only one capable to absorb a very large dump without crashing the price to double digits.

Sometimes, if it looks too bullish, it's actually bearish
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
January 27, 2014, 12:38:10 PM
 #10

Maybe you are missing an important point. The bid size (at least on paper) on Gox is about 2.5x larger than on Bitstamp.
It's true that Gox has only 21% of the USD volume while Bitstamp and BTC-E have each 28%, according to bitcoincharts.
But Gox seems to be the only one capable to absorb a very large dump without crashing the price to double digits.

Gox is a very large dump.

Can you stop trolling about a very large dump coming. You have no evidence to back this up. And besides, who would dump to Gox when you can't even get your money out of there, doh!
stompix
Legendary
*
Offline Offline

Activity: 2884
Merit: 6310


Blackjack.fun


View Profile
January 27, 2014, 01:01:32 PM
 #11

Maybe you are missing an important point. The bid size (at least on paper) on Gox is about 2.5x larger than on Bitstamp.
It's true that Gox has only 21% of the USD volume while Bitstamp and BTC-E have each 28%, according to bitcoincharts.
But Gox seems to be the only one capable to absorb a very large dump without crashing the price to double digits.

Gox is a very large dump.

Can you stop trolling about a very large dump coming. You have no evidence to back this up. And besides, who would dump to Gox when you can't even get your money out of there, doh!

Gox still has a large order book and bigger than most others right now.
And gox is the exchange mentioned most of the times in news reports , not bitstamp.
Thinking gox doesn't matter or that gox is dead is just wrong. Many have killed gox in 2012 and in 2013 and look , it's still there.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
January 27, 2014, 03:22:32 PM
 #12

Maybe you are missing an important point. The bid size (at least on paper) on Gox is about 2.5x larger than on Bitstamp.
It's true that Gox has only 21% of the USD volume while Bitstamp and BTC-E have each 28%, according to bitcoincharts.
But Gox seems to be the only one capable to absorb a very large dump without crashing the price to double digits.

Gox is a very large dump.

Can you stop trolling about a very large dump coming. You have no evidence to back this up. And besides, who would dump to Gox when you can't even get your money out of there, doh!

Gox still has a large order book and bigger than most others right now.
And gox is the exchange mentioned most of the times in news reports , not bitstamp.
Thinking gox doesn't matter or that gox is dead is just wrong. Many have killed gox in 2012 and in 2013 and look , it's still there.

That's because its the press and they are the last to know about anything.

Gox is killing itself. In 2012 and early 2013 it was releasing funds to customers. Now it isn't.

Order book is for show. Nobody takes it seriously.

Have you got any coins at gox?
stompix
Legendary
*
Offline Offline

Activity: 2884
Merit: 6310


Blackjack.fun


View Profile
January 27, 2014, 03:25:46 PM
 #13

Maybe you are missing an important point. The bid size (at least on paper) on Gox is about 2.5x larger than on Bitstamp.
It's true that Gox has only 21% of the USD volume while Bitstamp and BTC-E have each 28%, according to bitcoincharts.
But Gox seems to be the only one capable to absorb a very large dump without crashing the price to double digits.

Gox is a very large dump.

Can you stop trolling about a very large dump coming. You have no evidence to back this up. And besides, who would dump to Gox when you can't even get your money out of there, doh!

Gox still has a large order book and bigger than most others right now.
And gox is the exchange mentioned most of the times in news reports , not bitstamp.
Thinking gox doesn't matter or that gox is dead is just wrong. Many have killed gox in 2012 and in 2013 and look , it's still there.

That's because its the press and they are the last to know about anything.

Gox is killing itself. In 2012 and early 2013 it was releasing funds to customers. Now it isn't.

Order book is for show. Nobody takes it seriously.

Have you got any coins at gox?

Yes to the last question.
I disagree with your other statements but I already said it in the previous posts , so I got nothing to add Smiley
Thinking gox doesn't matter is childish.

So , how many coins you have on bitstamp or huobi?

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
_Miracle
Hero Member
*****
Offline Offline

Activity: 906
Merit: 659


Do due diligence


View Profile WWW
January 27, 2014, 04:59:43 PM
 #14

Posted in wrong forum, move to ''speculation'' please!

I read this yesterday:

''I am sure no one reads this as all the delusional bitcoin fanatics downvote anything negative. But in case you do, and in case you share the same 'opinion' as I do, here is a little tip from an 'insider': as I am close to an exchange, a huge dump is planned in the near future. The exchange will go temporarily offline (like many times before) in order to fulfill the sell-orders successfully. There is a special reason why I am writing this, but I will not disclose it, as it might harm me.''

I can't find the comment anymore but it was posted somewhere in a bitcoin related thread on Reddit.

I think it is true, with all the negative news coming from China.

I think it is a good idea for you to get out. If these types of things are going to cause you anxiety then you should move your money somewhere safer because the currency portion of bitcoin is going to be a wild ride; for some time.

I don't think I trust Mt.Gox  anyways, I'm still searching for a more stable exchange.

There 'used' to be more truth in forums than anywhere else.  Twitter:  @cryptobitchicks  Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?"  INTJ-A
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!