Theres only one reason. They bough their own stacks, hoping for a huge pump or for w/e reason dont pay trade fees. Possibly an employee. If none of those are applicable, well.. we all cant be trading guru's now can we?
I and another confirmed he did not buy his own coins, at least surely a few millions of that amount.
Yes, I spare 50 BTC for panic buy, unless I really need to use it for something else. Yes, I made it while trading, that is right. However, I did not use all once. Sometimes got lucky, sometimes did not. Here I found DGB when it was first launch, and still with DGB and will be with it until I start getting any doubt (It is impossible with Jared, now). I learnt it from experience, if you doubt any, get out at the first opportunity without loss, or with profit or with the least loss and don't regret.
I got lucky with LTC, too... Maybe I made the most of my profit from it. Now it is tanking along with BTC.
PS: Out of topic but, look at it.
That's not to say it will get there, but there was very little resistance after the $259 mark. Since we already broke that, it's not so major anymore.
Yikes. I will support $130 then
However, I would not worry that much on the BTC price unless it loses its half or most. Please also read this, I totally agree with this person saying...
The only way it is proven a failure is if it is not accepted and not mined.
No matter the price, I still get paid in bitcoins and can spend it for flights, hotels, Amazon purchases, I can trade for euros via localbitcoins to pay my rent and for food.
I will not worry until those things start to go away.