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Kubera: Bitcoin $9,000 - People Are Panic Selling!
- Saturday, 10 March 2018 00:09
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People are starting to freak out as they've noticed this bear market is going on a little longer than it should be. Maybe you've noticed your wallet take a ding. What are you feeling right now as you've possibly lost 5 or 6 grand? Well, whatever it is.. you should calm your bits.
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(Outro - Chris Zabriskie)
*This is not actual investment advice, please do your own research before making any buy/sell orders for anything mentioned!*
Bitcoin $9000 people are panic selling
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The Cryptoverse: Could This Be The Secret Behind Bitcoin Price Drops? ?
- Friday, 09 March 2018 20:29
Subscribe to my DTube channel and earn cryptocurrency rewards for your best comments at: https://d.tube/#!/c/marketingmonk and https://steemit.com/@marketingmonk
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At long last we may have an explanation as to why the Bitcoin price keeps failing to recover.
The is a photo of an attorney named Mr. Nobuaki Kobayashi.
He is the bankruptcy trustee listed in this Tokyo District Court document dealing with the MtGox Bitcoin exchange which collapsed back in 2014.
[ https://www.mtgox.com/img/pdf/20180307_report.pdf ]
Ever since then the MtGox users who lost money have been seeking compensation.
Mr. Kobayashi has been working to make that happen by administering the remaining assets of MtGox.
Of page 2 of the court document he states the companies assets stand at 44.17B Yen, which is approximately $416m.
In section 2 of the report, he states that since the last meeting and with permission of the court he has sold almost 36,000 BTC and just over 34,000 BCH.
The most recent meeting was held on the 7th of March 2018 and the previous meeting was 27th September 2017.
So for the first 2 months of this year and 3 months of last year, this guy has been selling hundreds of millions of dollars worth of Bitcoin any time he could get a high price for them.
He says these exact words in the court document after quoting the figures.
Then he says he plans to consult with the court to determine further sales of the Bitcoin he is holding.
And how much Bitcoin is he still holding?...
According to section 3, as of the 5th of March 2018, he’s holding over 166,000 Bitcoin and 168,000 Bitcoin Cash, which he will have got from the Bitcoin Cash hardfork.
So out of a hoard of around 200,000 Bitcoin and 200,000 Bitcoin Cash, he’s only sold about 25% of them.
If he carries on like this, he will likely sell into any decent Bitcoin rally which will result in a series of false starts where the price looks to be recovering and will then drop back down again.
This will continue until he has either exhausted his supply of coins or until his supply gets down to a minimum level that has already been pledged in refunds to MtGox customers.
And that is assuming he doesn’t find more Bitcoin that belongs to the company. Remember that a total of 850,000 Bitcoin went missing from the MtGox exchange, meaning up to 650,000 of them may still turn up.
While you would think that selling 35,000 Bitcoin over a period of 5 months is nothing, I mean, it’s only an average of 226 BTC per day, in a market that has a total volume of 800,000 BTC per day.
However, as reported by Bitcoin.com, the sale of 18,000 Bitcoin by Mr. Kobayashi in one day back on the 5th of February 2018 coincided with market prices crashing.
So there we have it. A big whale, hiding in plain sight and with no particular malicious intent, just an obligation to administer the funds in the best way for the MtGox creditors.
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Adam Meister: This week in Bitcoin- Return of the FUD influenced weak hands, Bprivate, and more!
- Friday, 09 March 2018 20:43
The week was filled with wild Bitcoin FUD that caused weak hands to panic and bring down the entire crypto market. Opportunists and trolls started to spread rumors to cause more panic. It works every time. You should be proud to be a strong hand. There also has been some nice Bprivate crypto-dividend progress. Chris, Andrew, and Giuseppe tell us what they thought about this week.
Giuseppe Stuto https://twitter.com/gstuto
Andrew from Cryptosense- https://www.youtube.com/channel/UCsf0_khigzGDaXOO_E0EWtg/videos
https://twitter.com/CryptoSenseYT
Chris Blec- https://twitter.com/ChrisBlec
Thursdays show- https://www.youtube.com/watch?v=pBvWzvYiQTs
Wednesday's show- https://www.youtube.com/watch?v=2ykvYkAGoaE
Tuesdays show- https://www.youtube.com/watch?v=K-qo4drJIgE
Monday's Show- https://www.youtube.com/watch?v=iFLL6YelG_4
Sunday's show- https://www.youtube.com/watch?v=6aSh0qasfV4
Saturday's show- https://www.youtube.com/watch?v=Y09XkFNTSFA
Tickets to the April 17th Los Angeles event- https://www.meetup.com/Los-Angeles-Century-City-Bitcoin/events/247784809/
Tickets to DENVER event- https://www.meetup.com/Boulder-Blockchain/events/248176716/
WCN Podcast- https://www.acast.com/world-crypto-network
Bitcoin people you need to know- https://www.youtube.com/watch?v=YuWlWnJqHn4
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Crypto Daily: Hodl it. Sell it. Tether it. Invest it? | Vivid Token
- Friday, 09 March 2018 20:39
? Hodl it. Sell it. Tether it. Invest it?
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? KuCoin Exchange: https://goo.gl/aC6Z7d
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☄️ Time-stamps!
00:00 Market Thoughts
2:54 Populous, Civic, Ontology
3:23 Vivid Token ICO
06:30 Will John McAfee?
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? I am not a financial adviser and this is not financial advice. I'm just a humble man with a great passion for all things block-chain, even tangle and block-lattice.
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Coin Mastery: Is This The Bottom? Bitcoin Keeps Dumping, Changing Your Mind, Bubble Round 2 Coming Soon - Ep161
- Friday, 09 March 2018 20:32
Bitcoin continues it's downward spiral as the crypto world braces for a final bounce. Did we hit it already? Or do we have more to go? Today we're talking about:
- Why I changed from a long term Holder to Holder + Trader
- A few BTC levels to watch
- Congress meeting about ICOs and how it affects investors
- Ex-CFTC chair talking about the "real" bubble isn't here yet
Links:
Congress and ICOs: https://www.coindesk.com/us-congress-discuss-icos-hearing-next-week/
Bubble Wont Burst: https://cointelegraph.com/news/cftc-ex-chair-crypto-bubble-wont-burst-without-set-regulations-to-bring-in-big-money
The Chart Guys YouTube Channel: https://www.youtube.com/channel/UCnqZ2hx679DqRi6khRUNw2g
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Contact: [email protected]
*NOT Professional advice, this is all just my own opinion and experience. Consult professionals for any tax, accounting or legal related questions you have.
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Crypto Bobby: Bitcoin, Trading and the Market with Tone Vays
- Friday, 09 March 2018 03:29
Support the stream: https://streamlabs.com/cryptobobby Join me for a chat with veteran Bitcoin trader Tone Vays to hear his thoughts on the market, why he places such a value on Bitcoin and many other subjects! Let's talk about what's happening in the markets as well as all of your Q&A. Grab a brew, water, coffee, whiskey.
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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**
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Vincent Briatore: Friday Pick: Axpire (AXP) on KuCoin Exchange!
- Friday, 09 March 2018 19:26
? Axpire official website at: https://www.axpire.io/
? Signal ICO also underway at: https://signals.network/join/1F6451
? Follow me on Steemit: http://steemit.com/@elpompador
?Get a Hard Wallet: Ledger Nano: https://www.ledgerwallet.com/r/c1b2
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Bitcoin Wednesday: 5 Debate on Sleepwet During Bitcoin Wednesday on 1 November, 2017
- Friday, 09 March 2018 19:24
https://www.bitcoinwednesday.com/video-sleepwet-debate-lettinga-koops-vanderkamp-boelsums/
In this video from Bitcoin Wednesday on 1 November 2017, Doutje Lettinga, Amnesty International's Senior Human Rights Officer for counterterrorism and surveillance, journalist Peter Koop, and two of the five students who called for a national referendum regarding the Sleepwet law, share their takes on the new Dutch Intelligence and Security Services Act. Following the presentations, all the four speakers participate in a debate session co-ordinated by session chair Frans Kempen, who is also the leader of IBM’s Blockchain Practice for the Banking and Insurance industry in The Netherlands and Belgium.
The national referendum is scheduled to be held on 21 March 2018.
Find Doutje Lettinga's full profile at: https://www.bitcoinwednesday.com/speakers/surveillance-state-doutje-lettinga-amnesty-international/
Read about Peter Koop at: https://www.bitcoinwednesday.com/speakers/the-sleepwet-peter-koop-electrospaces/
Learn more about Nina Boelsums and Luca van der Kamp:
https://www.bitcoinwednesday.com/speakers/nina-boelsums-luca-van-der-kamp-of-sleepwet-nl/
Read the event details at: https://www.bitcoinwednesday.com/event/bitcoin-wednesday-53/
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They Call Me Dan: Defeat Institutional Investors In Crypto
- Friday, 09 March 2018 19:31
THIS IS NOT FINANCIAL ADVICE; THIS IS MY JOURNEY. YOU ARE RESPONSIBLE FOR YOUR MONEY.
Watch at 1.25x speed for a better viewing pleasure!
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Crypto Spark: BITCOIN & ALT COIN MARKET IS ROLLING OVER
- Friday, 09 March 2018 18:29
BITCOIN & ALT COIN MARKET IS ROLLING OVER
Bitcoin, and the alt coin market are dropping fast, and will possibly continue to decline or roll over. Ethereum, Ripple, and many others are following the same path with little exception. Some traders will see this as the perfect time to buy the dip. However, I am waiting for more confirmation at this point. Even buying bitcoin on a dip is not always the best position to enter.
Make sure to Follow me on Twitter
https://twitter.com/CryptoSpark1
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EASIEST CRYPTO TRADING SOFTWARE ON THE PLANET
https://www.coinigy.com/?r=751a4b52 (COINIGY)
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