View Single Post
Old 06-27-2018, 01:59 AM  
jscott
jscizzle
 
jscott's Avatar
 
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 23,044
Quote:
Originally Posted by crucifissio View Post
I do not buy the mtgox trustee story causing BTC to crash...why would anybody dump such a large amount of coins and get slippage when they can do it OTC and retain the value?...
OTC still crashes the price with Bitcoin. Because everyone can see Mtgox moving Bitcoin into position for selling, and causes panic. No matter how they sell it, via exchange or OTC

Bitcoin is too transparent, maybe it's only flaw right now.
__________________
“If you think tough men are dangerous, wait until you see what weak men are capable of.”
—Jordan B. Peterson

Listen to Pomp tell why is Bitcoin important
jscott is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote