LA MANO NERA (THE BLACK HAND) AT WORK:
Very interesting to follow the trail… it takes you to some places that you had anticipated, of course. Still the corroboration is so blatant that it shocks you a bit.
If you check the 20 richest BC wallets as 9:57AM April 27th, 2014. You find that the one in position number 13, has a balance of 703 338.99372117, number 15 has a balance of 609 000.00000000, number 16 has a balance of 603 696.00000000, number 18 has a balance of 550 680.70344934 and number 20 has a balance of 517 042.17227691. A rough total of 3 MILLION BC distributed in 5 wallets.
Now fast forward to may 9, 2014, 21:57 utc, just 12 days after, and, of all those millions and all those wallets, you can only find the ones in number 18 and the one on number 20, now located at numbers 123 and 115, respectively and where both together had over one million coins, now they have less than 100k each. The other 3 wallets are nowhere to be seen among the 527 top wallets so they will have less than 14k each if they have anything at all.
In clear black and white, those controlling those 5 wallets have dumped, in 12 days, just under 3 million coins or aproximately 900 BTC, north of $400,000. In 12 days.
Te saluto don Corleone...
The conspiracy theory said that they are buying that back with the multipool.
1. The pool doesn't have nowhere near that volume, even if you, as always, ignore the fact that they PAY OUT most of what the pool buys.
2. where do they put what thy buy back? every purchase in a different wallet/address?
It might sound strange, but did you ever have the idea that actually someone is selling/dumping to make an exit and move on to the next coin? Selling w/o damaging the price too much can't be done faster.
Ok..lets pretend I was wrong, lied, or just crazy.
BC had some great news this week and every time it is about to move upwards it is immediately pushed back down. So lets assume it is nothing nefarious and it is just normal exiting. BC is in trouble either way. DarkCoin is about to surpass BC in market cap and new shinny coins are looking more promising. Why should someone buy in at 13 cents a coin when they can invest in another POS for much cheaper and wait until it is pumped? If BC is still trading around 29,000 next week this time then people are going to start look for new places to invest. ( Short attention span syndrome)
great work!!