Bitcoin Mega Dump Incoming?

Golightly

Well-Known Member
Silver Stacker
I original posted this into the fontas thread but more I read into it figured it deserves it's own.

The other week when I was on I saw the back end of this conversation on troll box but didnt think to much of it, but now? I'm not so sure I pulled this off the archive.



If you think the $1200-$375 crash was bad just wait until Fincen releases their statement of total BTC ban as well as pressure on other nations. We will see the pits of hell

fontas 2 Weeks Ago I cannot tell you the exact date and time, but the 400k BTC dump will happen within the next month. Korporal, when you see the 400k coins move to exchange accounts it will be already too late. Price will already be off a cliff heading straight for $130

fontas 2 Weeks Ago I suggest you hold fiat for the next month, This dump will crash BTC to and our group has 400k BTC of selling power to hold the price down.

fontas 2 Weeks Ago Unfortunately it is real. As much as I wish for it to be false, BTC is coming to an end pending the official release of FINCEN regulation banning the ownership of BTC in the US. Soon international pressure using the american military. FED does not want debasement of the US fiat monetary base.


fontas 2 Weeks Ago Thank you bitcoin thank you fed thank you trollbox I have achieved more financial gain than my wildest dreams. Now I sell all my crypto, buy some bonds and metals, and live in peace. Enjoy the dump

fontas 2 Weeks Ago Winklevoss twins are in the secret group, they told us ETF application has been denied and secondmarket's will soon be shut down, BTC to be banned in the US following China's actions. Thus the reasoning for the orchestration of the 400kBTC dump to happen soon.

fontas 2 Weeks Ago It really doesn't matter whether you believe it or not, it has already been planned. It will happen. Coins have already been moved. Have a nice day, enjoy bagholding to $130

fontas 2 Weeks Ago btczen we'll first pump up the price a bit, get everyone giddy with a rally so we can sell off, and then when nobody expects it we use the 400k BTC dump + a DDOS across exchanges to kill bitcoin once and for all... enjoy

fontas 2 Weeks Ago Yeah all you smaller investors (<10M in cryptos) better sell now before the 400k BTC dump comes and wrecks your day. Our manipulating clan's planning the biggest dump of btc's history, target price $130 https://bitcointalk.org/index.php?topic=381045.0;all

fontas 2 Weeks Ago Simran: Yeah you are already in this secret group, you're considered a whale since you hold from 2012 ;)

fontas 2 Weeks Ago In fact we are planning to crash the exchanges soon, one of our members from 2010 is moving in 400k BTC to dump on all exchanges. At the same time we DDOS and it'll be april's $266-50 crash all over again. Refer to -- https://bitcointalk.org/index.php?topic=381045.0;all



If you follow above link someone has delved into Blockchain and found this..


"I've done a bit of blockchain exploring.

The block in question where all the bitcoin days were destroyed is this one:

https://blockchain.info/block/00000000000000048445e1220a78e53de15c74160ffbe4dad0b52099560e045f

About 120,000 btc were moved. There are many transactions in this block in the 4,500-5,000 btc range. I followed the source addresses back in time. The ones I've looked at all trace their heritage to this monstrous transaction from 27 January 2011:

https://blockchain.info/tx/8f8210694d3631a88ff410c573d80caf57db1d8af397bd47687aa4e4c1802464

A single transaction moved 400,000 btc to a single address; this one:

https://blockchain.info/address/1AYtnRppWM7tWQaVLpm7TvcHKrjKxgCRvX

So whoever made the transaction yesterday had 400,000 btc in a single address in 2011. If it isn't Satoshi, who the hell is it?

Note that that 1AY... address had some transactions on 26 November this year; shortly before the ATH on 28 November. A huge whale, perhaps the biggest single holder of btc in existence, is stirring. The question is, why?

Is this just a mega troll by the dejected? I haver always maintained that the US will never let BTC reach it's true potential so this would fit right into that... Me thinks I am going to sit in FIAT for the rest of the month, Just in case
 
there has been plenty of speculation about the 120K btc was related to the wall st players coming in....

January 31st will be interesting because that is the cut off/deadline for the Chinese.
willrocks said:
Anyone taking it seriously needs to get out more.

:D

Just abit more interesting that silver
 
I don't see why FinCEN would be wasting time with all the statement releases on the outcomes of all their ongoing reviews on the finer aspects of Bitcoin if they were playing a flat out ban;

http://www.techienews.co.uk/974132/fincen-rules-favour-bitcoin-miners/

Also a flat out ban is not practical, it's like if Australia said back in the 90's that the Internet could be used by drug dealers and money launderers so we will put a flat out ban in place. Where would Australia be now had we unilaterally banned the Internet, no one country or group of countries will want to exclude themselves from Bitcoin.

How much money is spewing into America from sales of Butterfly Asic's etc. etc. right now, all of which the US Government is taxing.

Yes you could theoretically Ban Bitcoins but you will never ban crypto-protycol so it's self destructive not to embrace the concept.
 
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