New BTC dump upcoming! 18000 BTC moved to BitMex...

[bigmaster23]

crazy at it sounds but does price genetically followed by what price this 18000btc being sold, so much hypothetical mind consuming idea pop out to your brain if you would see something this big being sale on the market.

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[Billgates710]

if it will do it is good for btc. but i have no idea about it. i want to know more about this. it will be do something good. if it is good for trading i will invest here.

[larrybarg]

I think this news is fake to drop the price of bitcoin. If this really happens then it would not be good for the investors as there are not many BTC available in the market. So if it is a fake news then investors should not worry about it.

[vnck25]

I think that is the issue here. How can we know who is doing this? Will BitMex share identification information of these people with law enforcement authorities ? I don't think so, because then BitMex will lose customers. This kind of market manipulation is nothing new it happens in traditional stock market but the fact that cryptocurrencies are decentralized and anonymous  it is very hard to pin point the bad guys and penalize them.

[tabas]

I think this news is fake to drop the price of bitcoin.

The price of bitcoin for today was the cause of people that has enough profit expectation when it was pumped a while ago. But to be honest, I guess bitmex has something to do with the pump as well.

[billy4u]

Let them dump, naivety in bitcoin is the cause of their panic dumping. They will bite their fingers when bitcoin start mooning.

[cryptosmith03]

Its not true news for me because no one can dump bitcoin on bit ma. Here investor can do only short and long. So its very simple that it could go any direction.

[KeezAZA]

Those signals can be considerable, but we cannot rely on them as on the firm thruth. The only thing that we can predict for sure as that bitcoin will be volatile, up and down cycling.

[coinpedia240]

I think Bitcoin is a free market system, where any investor can withdraw or retain his investment at any time. In that case, we have to be careful about our own investment.

[MoneyCryptor520]

Hopefully nobody will ever dump Bitcoin. Many such attempts have come from the previous phase. But Bitcoin is in its own position. Looking forward to seeing what happens in the future.

[bitcoindiary]

It may be that someone has accepted the bitcoin and is preparing to sell at the next level. So we should be careful about this market so that we can keep our investments safe.

[xcajun21]

I'm afraid this move was calculated. Might have been in relation with that sudden move of btc to 6900 on bitmex? Someone needed the bitcoin at the right place at the right time... What i dislike a bit is uncorrelated data, if that bitcoin was just a portion on the pie one had on another account or company, for bitmex long and short business, then we are looking at a mouse, and cat at the same time.

[B.book]

I find nothing suspicious here to be honest because I have seen quite a few pump and dump cases and none of them were as huge as dumping 18,000 BTC altogether. May be the owner wanted to move it to a new exchange where he might be able to sell it for a higher price. I personally, don't think it has anything to do with manipulation.

[bbcolex]

Yep, these assholes keep on dumping

18000 BTC collected and moved to BitMex, ready for a new dump...


https://www.facebook.com/groups/Ethereum/permalink/1673794702746570/?co%0Amment_id=1675004882625552&notif_id=1534343756195535&notif_t=group_comme

https://www.tradingview.com/chart/BTCUSD/8sgVfkZZ-Bitcoin-Today-18000-%0Atransaction-on-BitMEX-wallets/



We need address this kind of manipulation and these assholes need to be brought DOWN.
Have more info? Please share it here and lets collect as much info we can.

We cant control them whenever they want to sell some of there bags , Yes it could impact and manipulate the market price still its their game. Us tadpoles could only whine and see price falling after they dump their bags.

[udidrone]

I find nothing suspicious here to be honest because I have seen quite a few pump and dump cases and none of them were as huge as dumping 18,000 BTC altogether. May be the owner wanted to move it to a new exchange where he might be able to sell it for a higher price. I personally, don't think it has anything to do with manipulation.

Actually 18k bitcoin is big enough to move price in 1 market, especially if not a big volume market. Well, i think the owner wouldn't dump it at all. Or maybe that is bitcoin that sent to cold wallet or something that exchange want to save for back up.

[Matthewlee]

Let's see how the market will react. Because its structure is stronger and provides very good service. Time will tell. All this decline in the market will end once no worries and we will all get our long awaited again, lots of ideas to consume hypothetical ideas appear in the brain if you see something big is being sold in this market.

[xbossJ]

If I were holding 18k BTC, with the current price, I get to sell systematically! Being a currency that has established itself I should have less to worry about compared to one PnD tool I stumble over! I would make the much I want, but it would be 2BTC a day, not in a rush at all, and when I do I divert it to somewhere safe in an investment out of crypto! 18K BTC dump with the current low on the market can send the price of BTC to $3k, Lets wait and see what the market makes of itself in a few days!

[bayu7adi]

no need to worry about this, if indeed 18000 BTC is ready for sale, I will also definitely wait when the BTC price is cheap,
buyback, then wait for prices to recover and feel even greater profit
remember, that Bitcoin is a decentralized asset

[Pursuer]

Let's see how the market will react. Because its structure is stronger and provides very good service. Time will tell.

to you and all the rest who are bumping this topic up today:
in case you missed it, this topic is already 2 months old and it was pure FUD imagination of the starter of this topic. he had no proof of funds moving and also even if there were any transaction of that size it still couldn't affect anything as you can see  clearly on the charts for the past 2 months.

[Kakmakr]

Let's see how the market will react. Because its structure is stronger and provides very good service. Time will tell.

to you and all the rest who are bumping this topic up today:
in case you missed it, this topic is already 2 months old and it was pure FUD imagination of the starter of this topic. he had no proof of funds moving and also even if there were any transaction of that size it still couldn't affect anything as you can see  clearly on the charts for the past 2 months.

It still has relevance, because it stands as proof that dumping of coins on an exchange does not necessarily guarantee a dumping of coins on the market and also that it gives us a opportunity to reflect on the outcome of this discussion, even if it is 2 month down the line.

A whale might deposit the coins and gradually start selling the coins in small quantities without having any significant impact on the price. Yes, it might not be that evident on the price, but it still have a minor impact over a longer period. <Price stagnation>