It is interesting that he chose to market sell them, which would indicate that the end result was that he sold the bitcoins into many hands. Alternatively he could have sold them to some centralized whale holder.
This is a very healthy thing for the guy to do imo. Nobody likes prices going down but the satisfaction of knowing some billionaire manipulative warmongering fucktwat didn't get it all behind a closed curtain is somehow just so reassuring to me.
We're all gonna make it
This is a very healthy thing for the guy to do imo. Nobody likes prices going down but the satisfaction of knowing some billionaire manipulative warmongering fucktwat didn't get it all behind a closed curtain is somehow just so reassuring to me.
We're all gonna make it
I would speculate actually that whales bought up more of it and probably in turn have accumulated even more bitcoin. When the price dumps it's not the little guys who buy up the cheap coins, it's the big whales. By causing the fear in the market he will have caused so many people to dump and the whales buy all of those coins up as well.
It's speculative to assume that the people who had buy orders in wait that were dumped on have now sold. Sure mm's are moving in to buy now just as much as weak hands would sell around now, or at least think about it. No shame in sitting on a loss. For one I haven't sold since months and bought just a few weeks ago.
Weak hands get shook out, law of nature, but I'm certainly not the only one looking forward to a ride down while more people pile in.
