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Author Topic: Germany was not Selling BTC all this Time  (Read 280 times)
Dunamisx
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July 14, 2024, 12:23:31 PM
 #21

So, should we say Germany was selling or dumping the market all this time or it was Saxony? I mean for me it's the same thing. But for news outlets seem to be very concerned about it, because people on X were saying different things about Gernmany's authorities that they have no sense, and blah blah while new outlets are making sure it was not Germany but one of its free states. BTW according to another news they have only left with 13,110 BTC.
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IN situations like this, we cannot be sure of what is the real state of affairs concerning the current happenings regarding the sell of bitcoin in Germany except we here the truth from their official statement about what is going on, just as we have already know about the news platforms and social media being able to disseminate informations very fast even when its all lies, but i want to hope that if the were actually selling, then there is a reason for doing that for now, while the market sell and buy will always be a continues experience.

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July 14, 2024, 05:11:51 PM
 #22

Is there a difference? It's like we were to say that it's not USA that sold but Alaska. Does have it's own army, does it have borders, do they elect their own president, or chancellor?
If the answer is no, there's no need to differentiate.

The real problem is someone in that independent state is manipulating the market by moving bitcoin to exchanges and back to spook investors instead of selling it since they apparently want to do that. Why not sell OTC if they had such offers and this would be more profitable to them? Or maybe the deal is that they want to lower the price because they have short positions open?

The longer it takes before they actually sell their coins the more you can be sure it's a manipulation.
I think they elect there own president, I might be wrong but they might not have their own army. Well, I have the same idea that what's the point in clarifying by media that it was not Germany but Saxony? Speaking of why they are selling via exchanges and why they are not doing OTC, I think they really want to affect the market because when the price dropped to $56k I suppose they bought BTC as well. And then they started selling them again.

As of posting this reply, I think they have done selling all of there holdings and maybe that's why we are seeing a pump in the market that BTC crossed $60k today. It's a good sign. And obviously they might not be getting good deal via OTC and I think OTC deals are lesser than the Market price. That's why there preferred market. The question is can we do something about such selling? I think no, because every holder has the right to sell wherever they want to sell it.

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July 29, 2024, 08:31:09 AM
 #23

~I think they elect there own president, I might be wrong but they might not have their own army. Well, I have the same idea that what's the point in clarifying by media that it was not Germany but Saxony? Speaking of why they are selling via exchanges and why they are not doing OTC, I think they really want to affect the market because when the price dropped to $56k I suppose they bought BTC as well.

And that was the right move on their side. They could generate good profits if they waited a bit before selling.


And then they started selling them again.

And, as we can see now, that wasn't the right move, was it?

 
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