Here’s what’s going to happen you idiots. Right before they get their coins back, bankers are going to crash the price below 3k. mt goxers will panic sell, driving the price below 1k and completely collapsing the network.
Then once btc is hovering around $200 banks will accumulate.
Bobo is lurking in the dark. Moonboys days are numbered
It's your days that are numbered. We bull now. Honk, honk.
Brandon Barnes
Finally someone that gets it
Thomas Morgan
ok but what is soon? a month? a year? what
Andrew Parker
Your delusional if you think Goxxers are getting back their coins / fiat in 2019
Aaron Bennett
>141k btc recovered distributed as 0.0000000x to each fag that lost in the hacking >900k btc lost in total >After next halving yearly supply will be of 300k
Those 141k mean nothing faggot there is still 800k less btc on liquidity due to the fact the hackers can´t cash out.
April 26th is the proposal submission deadline. Until then all the bankers have to do is keep the price below 4.2k to avoid another bull surge. The market will think the correct price ha been discovered, and then they will crash it
There are multiple CME futures expiration dates before then btw, all which present profitable opportunities for a dump by jpm and co
Hudson Roberts
I agree on timelines, but GOX btc I am skeptical of. In any case, it should be noted that GOXers receive fiat ($500 / BTC they had) + 10-15% of what they had in BTC, not too significant IMO
Sebastian Williams
They have literally 137k coins to still distribute. Even if just half those are panic sold it will break the order books
Juan Kelly
>miners would stop mining at 3k ive heard that before... at 6k
Mason Reed
>Perma-bears unironically think BTC is going to $200 Do you perma-bears even listen to yourselves? Do you not realize that you sound just as ridiculous as the late 2017 perma-bulls that you used to mock? It's the same thing, only in the opposite direction. I can't wait for these bears to start getting wrecked, and you can bet that I will be posting laughing bulls and laughing green wojaks all the way up on the next run
Wyatt Wright
It's trying to goad me into buying it.
Ryan Harris
HOW LOW ARE WE GOING WHATS OUR TARGET??
Parker Torres
3700 if it actually continues dumping. We crab now though.
Ayden Gray
>We crab now though. i hate crab
Brody Carter
Bear trap. You guys are fucking done. $20k next stop
Cameron Hall
the stars are aligned you fucking negroids you better start believing we just entered the bear market
Holy fuck what a absolute joke crypto is this shit is worth nothing
Joseph Morris
140k is nothing whales are waiting for these retards to dump
Eli Wilson
They don't. They think they can safely 10X margin short it to hundreds of dollars. That market makers are just going to hand them their winnings because they're such shrewd, myopic investors.
There is not enough liquidity to absorb that. Best case, above board exchanges and financial institutions obtain financing and buy the coins OTC to keep them from breaking a very tuned, heavily manipulated charade. Worst case, we have price discovery driven by people who remember Bitcoin @ $1200 being washed up by Willy Bot.
Henry Watson
>There is not enough liquidity to absorb that
1. they aren't selling at once 2. not everyone is going to sell
mtgox is just weak fud at this point
Jack Wilson
>mt goxers will panic sell, driving the price below 1k and completely collapsing the network.
Because they were waiting for this exact moment since 2013 (SIX YEARS) to do this... How about no? You gotta remmember that even at the time of MtGox collapse cryptocurrencies were owned by technical people. People with actual jobs, some who were speculating and some who were visionaries. The coins will enter the market once again but we won't see even a 3% drop.
Hudson Turner
If the network dies how will anyone use it?
Jackson Sanders
I'm bullish long term but to think we're not breaching below $3k soon is delusional
Isaac Gutierrez
coinlab lawsuit against mtgox delays payouts by years
Plenty >no market hype >breaching long term support lines from old BTC bull rallies >price dropping >volume increasing >falling resistance lines >bear pennant formed >MFI and RSI showing overbought >Bollinger band narrowed up Put in a short and get comfy