$6k watching party! All of Biz is invited!

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YYYYYYYYEEEEEEEEEEEEEEEAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

Bear party day.

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I'll have you faggots know this shit is not funny. I've lost 80% of my life savings and you little fuckers are celebrating it dropping even more? WELL FUCK YOU

The battle at 6K on gdax is fucking intense

nice pink ID you are cursed

I love you all!!!

Oh yeah real fucking funny with your Gumby ID fag boy.

I forgot to buy crypto in the first place.

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Holy shit. I think I gotta search a new job, not trader.

Any indication of what's causing this? Did the Mt Gox trustee shit the bed again?

Somebody wants to buy bitcoin or see it dead.

lol, u are really hurt rn. green IDs will make it

We're not the ones pulling the strings, just some bear celebrations that someone decided to give us something.

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Long-term downtrend. There need not be any "cause" in a purely speculative asset.

Let's fucking gooooooooooooo !!!!

Quite the opposite, actually. The news just broke today that it's going to undergo Civil Rehabilitation, so no more dumping stupid amounts of coins on the market

I'm already prepping for the 5k watching party

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You know what the best part is? All you bear fags who are about to get ROYALLY fucking REKT tomorrow.

It's gon be great.

coindesk.com/crypto-bitfinex-chief-strategy-officer-leaves-exchange/

Bitfinex probably fucked up Tether. This is the big one

FUCK OFF BOBO FAGS

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Instead, the coins will be distributed to the owners, who'll dump them (not all will dump them but a large percentage).

WRONG

Stop spreading this FUD. The original coin holders will be compensated the amount the coins were worth at the time Gox went under (roughly $400/coin).

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It doesn't matter either way you fucking retard. Either the jap government dumps them or the previous holders dump them.

They're not just gonna let 100,000,000$ sit around for shits and giggles

THANKS FOR THE MONEY HAHAHAHAHAHAHAAHAHAHAHAHA

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LETS INVADE BITMEX TROLLBOX!

TYPE Jow Forums IN TROLLBOX!

I understand that, but usually when there's a 10% drop this quickly, it's usually from some event, like a big hacking, Mt Gox coins hitting the market, or bad news from government/big business.

A lot of people finally broke. Saw a few million dollar buy walls go down in under a minute. Good news desu

You have no business calling anyone else a "retard" if you don't understand that this actually does matter. The problem wasn't necessarily that the coins were being sold, the problem was the large amount of coins that were getting dumped onto the market at the same time. The reason for that is that the coins needed to be liquidated to pay creditors. By undergoing a civil rehabilitation program, they will be able to disperse of the remainder of the coins at a smarter, more manageable pace rather than dumping large quantities for quick cash to pay debts. If they're smart (and it's in their interest to be smart here), they can sell the coins at a manageable rate that doesn't crash the price.

Retard.

Made 0.1 BTC shorting from 6600, closed at 6200. Could have held but still satisfied.
Now we wait boyos!

Making a killing shorting these past couple weeks, we're gonna make it bearbros.

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Just dumped another 2k corns in celebration

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*gets comfy*
the weekend will end and BTC will be >$6k mark my words

I want to punch that bear, fuck you.

this retard literally thinks governments speculate with seized assets over decades.
Like every other time they seize assets, right?

NOW THAT'S THE KIND OF BEAR I'M TALKING ABOUT
youtube.com/watch?v=uAJv5VHr5yQ

Did it? That's hugeI know the trustee said they were considering it. It still means those coins will hit the market eventually, but not until 2019. And, the bulk of them still goes to Karpeles, as his parent company that owns Mt Gox gets them.

So it's something else, then...

Yep, that'll do it.

It's not FUD, retard. The Trustee has said they will pay out bitcoin to creditors, not cash. No more market dumps. From him, anyway. So you can stop shit-talking him, he's done you all a favor you can never pay back.

How many of the top 20 exchanges rely on tether being 1.00$?

>he actually thought people on Jow Forums bought into crypto
oh user... i

They're not going to sell, at all. Do you even understand what the trustee is saying?

Claims to Mt. Gox, and that includes account holders, will be paid in Bitcoin. If you held 10 bitcoin when it shit the bed, and file a claim, and can prove you had 10 bitcoin, you will get 10 bitcoin, regardless of market price.

This is literally the best outcome for all involved.

You should really understand what's going on, before lecturing others for not understanding what's going on. You're completely wrong.

Can't you guys just leave me alone at this point? I'm sorry I'm depressed and just needed to vent. It's bad enough without you guys adding salt to the wound every few mins.

then dont post here you broke bitch

Thanks for funding the discount sale bro :)

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>MI/GdX
>MtGoX
double-cursed

lol

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I just took a look at the Bitmex retardbox. It never fails. "19K soon!" Another complete fucking retard is mooing about how the Mt Gox coins are already back on the market.

I swear, it's hard to be mad at Bitmex, they found a perfect market of complete fucking waterheads, and legally take their lunch money away from them.

governments panic sells just as well as biz

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>buying ANY coin over a dollar
Top lol

nigger-tier fragrances

How stupid could somebody be to use mt goy again let alone leave btc on an exchange

>a crucial point of support
THE NEXT FIVE MINUTES

the bottom is unironically 3-4k

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no it isn't

Most of them. Even binance. If tether falls everything falls.

i got a great feelin about this

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Still a long term bull bro just start considering how to buy in the next years and whatever you bought high will matter less. If you want to keep buying.

Yeah. Both that and the residual 100k BTC from gox are things that can unironically send bitcoin into the hundreds again if it goes bad.

There is no good resolution for Mtgox. They now changed it so they will give BTC but that means people will just sell as soon as they can. Giving USD will have the same outcome.

I like how everyone is mad that people are getting their money back though.
Like it's sustainable to build BTC price on scamming people and taking their coins out of circulation

>commodity