Crypto crashing. Where is Kermit? Is the tea sweetened or unsweetened?
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Crypto crashing. Where is Kermit? Is the tea sweetened or unsweetened?
I dont think this was posted here yet but this seemed pretty plausible and eye opening, and IF its true, it would explain alot of the Bitcoin price fluctuations/crash the past few months.
In short, we've been "Goxxed".... AGAIN.
AND we're due for another crash again.
https://captainaltcoin.com/now-we-kn...crash-bitcoin/
Tokyo whale and*Mt.Gox bankrutpcy trustee who sold almost $400 million worth of BTC, some of it at the very bottom on Feb 6th. He crashed the market by 75% by selling the bitcoins in couple of rounds.
The MT Gox trustee has sold*half a billion worth*of bitcoin and bitcoin cash between December 2017 and February 2018 it was revealed today.
He sold the first batch of 6k bitcoin on December 22nd,*sending price from nearly $16,000 to a brief low of $10,800. Then he waited for market to recover and sold another batch of 8k bitcoins on January 17th. Which again produced the same effect – crashed the bitcoin price.
But he is not done yet – he does another sell on January 31st, this time it was around 6k bitcoins. But*vast majority*of bitcoins was sold on February 6th which implies that he actually tried to crash the market by selling at the bottom.
And guess what – the market absorbed it and jumped back up to $10k.
But what is worrisome is that this same guy has another 180k BTC up his sleeves, that he is looking to sell in the upcoming period and repay the creditors and users who lost their bitcoin in Mt.Gox hack.
This case makes it the fourth time for Mt.Gox to directly or indirectly crash the bitcoin price. First time was hack in 2011, then a DDos in 2013, 2014 is when they went bankrupt and now this sell off.
And as we have said, this trustee has another 180k bitcoins that will probably cause similar crash – that would be 5th or even 6th if he does it in separate batches.
absolute bloodbath reversal
you guys will be broke within a year, maybe two. I have more money in my brokerage account right now than many of you have in your life savings.
Funny part is Krypt brags about his money, but yet he "tried" to scam the PFA freeroll...
Here's you're sign.
krypt is noble and refined.
When did I ever try to scam the freeroll? Bellybuster banned me because I ruined him in his fantasy finance thread.
Sleeping on the job again? Crypto raped again. Where is Kermit?
thank god nobody here has shit other than a percent of a bitcoin or this dip may hurt
you tried to chargeback $200 (bet with another member here, you lost the bet obviously) dollars from Druff, realized how stupid it was and claimed you misclicked.
you only reversed the transaction is because 1)you know druff would ban you and 2) he would've released your name and other useful information you didn't want on the site once you move out and try to get a job.
I’m currently scouring for Hawaiian real estate, but this monkeyhammer reversion has piqued my interest, as I’m very short cryptos vis a vis synthetic derivatives.
I know Robinhood was gonna allow a few civilized states trade Bitcoin fee free. I haven’t played with it yet.
I have used Mobi in the past and got this update. Mobi allows you to trade in and out of cash. Zero % I’ll save for the tool box
Krypt trades in dark pools. Very exclusive
To all of the bitcoin haters: Stop! You are interfering with making Eastern Washington great again!
This Is What Happens When Bitcoin Miners Take Over Your Town
Eastern Washington had cheap power and tons of space. Then the suitcases of cash started arriving.
https://www.politico.com/magazine/st...feature-217230
Only time I check bitcoin price is when I see that natine has the last post in this thread cause I know there was a dip
John Oliver on bitcoin:
https://www.youtube.com/watch?v=g6iDZspbRMg
This would be an ugly failed support test for $BTC
https://static.politico.com/dims4/de...brown-5621.jpg
Benny: The Rogue MinerQuote:
“Benny,” a self-taught, 20-something computer whiz, set up three mining servers in his Wenatchee home last summer. Since then he has made enough profit not only to recover his initial investment but also to pay his monthly mortgage. As a bonus, the heat from the computers keeps his home heated all winter. “It’s just basically free money,” says Benny, pictured here with his homemade mining operation.
Firing away on BTC @ $9250. Looking for a rally to 11,500-12,000 within a few weeks. I hope you are short Krypt.
I'm currently mining with 2 GTX1070's and I'm finding about 70 shares an hour mining Ethereum.
Was a little bored so I was checking out who mined the last few blocks on my pool. (Ethermine)
Check this out.
https://beta.ethermine.org/miners/b7...d4a8/dashboard
https://beta.ethermine.org/miners/b7...ddd4a8/payouts
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This setup is mining $163,000 USD per day... and this is at the current ETH price which is super-low right now.
I figured this farm is running the equivalent of 100,000 GTX1070's
And as you can't run ASIC's on ETH it has to be all from GPU's.
This just blew me away. :)
Stuck 15k. I suck.