Daily: Whale shown to crash market / Binance FUD / Ontology
The Trustee for Mt Gox has been shown to crash the market multiple times by placing large sell orders.
0:50 Market Analysis
1:33 MtGox Strikes back
3:37 Binance irregulate trading / phishing summary
6:13 WTF is Ontology
Mt Gox Trustee Bitcoin Sales: https://www.reddit.com/r/CryptoCurrency/comments/82qdgm/i_have_to_say_given_the_circumstances_the_market/
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It affected the cryptomarket a lot but hopefully, the market will recover. There was a dip in most of the currencies for the last few days. The binance hacking rumors also played a huge part.
There is a story that they say "Binance was not hacked and it's just a issue with a bot! Anyway great video !!
@boxmining its very nice post i like it
I would have thought that Mt Gox could have auctioned off the coins like the feds do? Surely there would be some interested buyers at a slight discount that wouldn't effect the market as much as dumping on-market.
Great video yet again... I hope the market can recover from all that Mt Gox trustee mess. Am so glad that binance was not hacked- these hackers are really hungry as this is the second attempt, hope it stays that way :)
Thaks you information
Amazing and ridiculous that the trustee can allowed to profit while not returning BTC to the people who lost out from the original "hack". Unfortunately the whole situation also illustrates the power of whales in the crypto space to move the market.
never mind I googled how to add nep-5 tokens. I posted the link below.
https://steemit.com/cryptocurrency/@candyshop/how-to-add-custom-token-nep-5-in-neon-wallet
@boxmining - If I understand this correctly, the trustee is repaying Mt Gox BTC holders at the rate of $483/BTC. That is another level of robbery.
IMO, they should take the remainder of the revenue from selling the BTC and distribute it to the BTC owners on MT Gox who lost their BTC. Consider it interest over 4 years; consider it appreciation; etc. Their BTC from 2014 went from $483 to $20,000 and now settling in the $10,000 range. The trustee can never make that up to the people who lost their BTC but since there is more than the $483/BTC they should give them more. It's really common sense.
The last time I got some official news from the trustee in my mailbox was some years ago. I'm not really sure how they want to compensate those who lost their BTC. I only know that at the time you could proclaim the amount of BTC one lost at MT.Gox and note if you'd liked to be payed back in BTC or Yen.
Anyway, the whole Mt.Gox situation made my quit crypto's for about 4 years. Oh how I wish I hadn't been deterred back in the day.
So Binance "Caught" it because of irregular activity. Does this mean that if the coin i'm heavily invested starts to take off (legitimately) Can and might an exchange just halt everything? I'm sure not likely but if this theoretically possible? seems a little scary.