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Thread: Bitcoins are officially donkdown

  1. #5961
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    Crypto crashing. Where is Kermit? Is the tea sweetened or unsweetened?

  2. #5962
    Hurricane Expert tgull's Avatar
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    Quote Originally Posted by snake_in_the_ass View Post
    Crypto crashing. Where is Kermit? Is the tea sweetened or unsweetened?
    Go you some! $9800 is a bargain for a random algorithm. A million dollars a coin, we wont see a buying opportunity like this ever again.

    Go get you some bitcoin.

  3. #5963
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    Quote Originally Posted by tgull View Post
    Quote Originally Posted by snake_in_the_ass View Post
    Crypto crashing. Where is Kermit? Is the tea sweetened or unsweetened?
    Go you some! $9800 is a bargain for a random algorithm. A million dollars a coin, we wont see a buying opportunity like this ever again.

    Go get you some bitcoin.
    Nah, Dunkin Donuts doesn't accept them.

  4. #5964
    Plutonium sonatine's Avatar
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    Quote Originally Posted by snake_in_the_ass View Post
    Crypto crashing. Where is Kermit? Is the tea sweetened or unsweetened?

    there was some big earth shaking comment from someone about how btc are a commodity and could be regulated by the FEC iirc so the bloom is off this dirty little rose i suppose.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  5. #5965
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    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.

  6. #5966
    Gold Salty_Aus's Avatar
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    Quote Originally Posted by Gordman View Post
    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.
    The trustee actually sold those coins at a very good price and the story is misleading.

    The majority of the remaining coins will go to Karpels once the full amount owed to creditors is reached. By the sounds of things this has been achieved.

  7. #5967
    Platinum Krypt's Avatar
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    absolute bloodbath reversal

  8. #5968
    Plutonium simpdog's Avatar
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    Quote Originally Posted by Krypt View Post
    absolute bloodbath reversal
    Krypt your credibility in this thread is at a nut low

    Perhaps ask Druff to ban you from the thread.

  9. #5969
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    Quote Originally Posted by simpdog View Post
    Quote Originally Posted by Krypt View Post
    absolute bloodbath reversal
    Krypt your credibility in this thread is at a nut low

    Perhaps ask Druff to ban you from the thread.
    Don't ban him. Krypt, Sonatine and Druff are great contrarian indicators. Remember Druff's bet at $6000 saying it wouldn't go back over $10,000? 2-3 weeks later he was proven wrong. When Krypt posts in here, a rally is always around the corner.

     
    Comments
      
      MumblesBadly: :this

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    Platinum Krypt's Avatar
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    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.

  11. #5971
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    Quote Originally Posted by Krypt View Post
    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.
    You should get together with Bottomset (tgull). You guys could be best dbag buds.

  12. #5972
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    Funny part is Krypt brags about his money, but yet he "tried" to scam the PFA freeroll...


    Here's you're sign.

  13. #5973
    Plutonium sonatine's Avatar
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    krypt is noble and refined.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  14. #5974
    Platinum Krypt's Avatar
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    When did I ever try to scam the freeroll? Bellybuster banned me because I ruined him in his fantasy finance thread.

  15. #5975
    Platinum Krypt's Avatar
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    Quote Originally Posted by Gordman View Post
    Funny part is Krypt brags about his money, but yet he "tried" to scam the PFA freeroll...


    Here's you're sign.
    you're illiterate

  16. #5976
    Plutonium big dick's Avatar
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    Quote Originally Posted by simpdog View Post
    Quote Originally Posted by Krypt View Post
    absolute bloodbath reversal
    Krypt your credibility in this thread is at a nut low

    Perhaps ask Druff to ban you from the thread.
    a few weeks ago he said he was never posting itt again
    real man of his word type of guy

  17. #5977
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    Quote Originally Posted by Krypt View Post
    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.
    Some may go broke but not me. My exposure to crypto is very minimal. I won while you watched. Pussy!

  18. #5978
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    Sleeping on the job again? Crypto raped again. Where is Kermit?

  19. #5979
    Gold SetofKs's Avatar
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    thank god nobody here has shit other than a percent of a bitcoin or this dip may hurt

  20. #5980
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    Quote Originally Posted by Krypt View Post
    When did I ever try to scam the freeroll? Bellybuster banned me because I ruined him in his fantasy finance thread.
    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.
    Last edited by SysOp; 03-08-2018 at 07:56 PM.

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