Probably brought down to 4000-6000 the monday-stockmarkets
Komen
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so, renewed calculations according to the development right now, drop to 4000-6000 starts probably wednesday 14 march (if there is no acceleration or slow down)
Komen
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rocket with fueltanks developing good!
Komen
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nope, not higher then 8800. and going fast now!!
Komen
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still monday to drop?? Acceleration ahead. we'll have to follow it closely!
Ok, I see that was a January 2018 chart. - my bad :0
cryptopaatje
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@BDG, follow the januarichart and recalculate the prices (witdraw some 5000 dollars)
study my other publicst charts to know who I got here.
Thankx
BDG
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That has to be a typo. You're saying BTC will fall to $4000 to $6000 on Monday?
The trustee who has been selling hundreds of millions of dollar of BTC for the past month has been issued a cease and desist order so what will drive the price of BTC down by over 50%?
ThankUKind
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@BDG, He was issued a cease and desist to stop selling the BTC? I have zero idea how Japanese laws work, but do you have a link for this story? I find that very interesting indeed.
BDG
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@ThankUKind, I can no longer find the story that stated the trustee was forced to stop selling BTC for a few weeks.
But something does not smell right about selling the trustee selling the MtGox BTC to its creditors. The trustee has sold $400 million worth of Bitcoin since September 2017 to February 2018. He still has $1.9 billion left to sell. Who are the creditors? Who does MtGox owe $2.3 billion to? You would think the people who had Bitcoin on deposit at MtGox would be paid from the cash raised from the sale, but they're not. Some of the money may be going to lawyers, but I believe under Japanese law the excess money, and there is a lot of it, goes back to the owner of MtGox! This is of course insane. I wonder if the trustee is colluding with the CME group to short Bitcoin? Because no lawyer is stupid enough or incompetent enough to sell $2.3 billion of Bitcoin using an exchange because it will only drive the price down and he is suppose to act on behalf of the "creditors", whoever that may be.