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Topic: Coincidence that 100,000 bitcoins go missing and two days later prices are at $8 - page 2. (Read 3976 times)

hero member
Activity: 630
Merit: 500
Posts: 69
Sprinters run out of breath. Only marathon runners left.

I so want to believe this is the case.  I know myself and my coin are in for the long haul.  Shit is too fun Smiley
full member
Activity: 140
Merit: 100
Its only natural that some would cut their market exposure
member
Activity: 70
Merit: 10
Does anyone see a pattern here?

Obvious to me, stolen bitcoins are being dumped on the market right now. Why else the major price swing all of the sudden?



Agreed
25000 bitcoins disappeared? Or so they say?
And all of a sudden 20,000+ are dumped in the market?
legendary
Activity: 1658
Merit: 1001
Yes, there is another explanation. Enough people have started cr@pping their collective pants after all the bad news and are selling to get out.

+1, people who wanted a quick profit and saw that bitcoin is quite risky.
newbie
Activity: 26
Merit: 0
I'll see a pattern as soon as someone follows the sequence of transactions that led coins onto mybitcoin, then through some laundering accounts, and onto MtGox to be sold.

Until then, not so much.
member
Activity: 78
Merit: 10
Yes, there is another explanation. Enough people have started cr@pping their collective pants after all the bad news and are selling to get out.
sr. member
Activity: 364
Merit: 251
Does anyone see a pattern here?

Obvious to me, stolen bitcoins are being dumped on the market right now. Why else the major price swing all of the sudden?

Is there any other logical explanation for this occurring at this time?
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