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Topic: Going down again ? - page 2. (Read 1189 times)

legendary
Activity: 2170
Merit: 1427
May 31, 2016, 03:48:58 AM
#9
I don't think this will have much impact on the price. These coins will only get dumped when they are bought a good percentage below the current market rate. As long as that doesn't happen the buyer won't feel the need to get rid of the coins after buying them.
sr. member
Activity: 350
Merit: 250
May 31, 2016, 03:44:53 AM
#8
We are not going down again and that is because you also can see now that there will be more people that is going to have some Bitcoin and the price is rising slowly so that is nice.
But you never know what will happen later in the future with the Bitcoin but the most people are hoping that it is going to rise for a long time and that would be perfect.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
May 30, 2016, 05:50:40 AM
#7
we are taking down at least not for the moment chinese are holding on 570+ for few hours already
so im expecting something similar for us to
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
May 30, 2016, 05:50:22 AM
#6
isn't this just a price corretion? not going down, it will be pumped again in few moment or days, i'm buying more at these level, easy profit, for the future
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 30, 2016, 05:44:06 AM
#5
This again? None of the US marshal auctions proved to have much or any effect and they were bigger and scarier. They also proved that safe and wealthy hands are out there.

Also several billion words were squandered on here about people fanatasising about Wall St players spending millions so they could send their coins to piece of shit exchanges run out of grandma's cupboard to dump on us. Bizarrely, that never happened.
sr. member
Activity: 350
Merit: 250
May 30, 2016, 05:38:31 AM
#4
We are not going to down again and that is because you see that the value is stable but as you can see you see that it is rising slowly so that is really nice for the people with already Bitcoin.
And the bad thing is also that you are not for sure of course what the value will be and that is impossible to predict.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
May 30, 2016, 05:16:21 AM
#3
Global professional services firm Ernst & Young has announced it will auction off 24,518 BTC (worth $12.9m) originally confiscated by a user of defunct online dark market Silk Road. See article here : http://www.coindesk.com/ernst-young-sell-12-million-bitcoin-auction/

So do you think this is going to affect the huge price increase that we see at the moment ?

Not at all. It's not the first big BTC auction and after the other ones nothing happened.
People who buys BTC do that to earn money. And for that a big dump is not the way to do it.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
May 30, 2016, 05:12:11 AM
#2
Just as you posted this, Bitfinex BTC/USD spiked from $538 to $542+ in seconds... This rally is such a wild ride.

staff
Activity: 3500
Merit: 6152
May 30, 2016, 05:08:02 AM
#1
Global professional services firm Ernst & Young has announced it will auction off 24,518 BTC (worth $12.9m) originally confiscated by a user of defunct online dark market Silk Road. See article here : http://www.coindesk.com/ernst-young-sell-12-million-bitcoin-auction/

So do you think this is going to affect the huge price increase that we see at the moment ?
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