- snip - I think we will see a fall to sub $350 then a pump to $450.
I ask you your very own question:
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why?
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why?
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As for the rest of you:
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Some whale will dump coins to manipulate the price for the auction, then the auction will bring out the bull whales buying up the coins instantly causing a massive spike in price.
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Some whale will dump coins to manipulate the price for the auction, then the auction will bring out the bull whales buying up the coins instantly causing a massive spike in price.
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this. completely agree with those 2 satoshi and couldn't put it more succinctly myself.
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this. completely agree with those 2 satoshi and couldn't put it more succinctly myself.
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massive dump of all auctioned coins immediately, causing a heavy crash and snowball effect throughout the bitcoin network.
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massive dump of all auctioned coins immediately, causing a heavy crash and snowball effect throughout the bitcoin network.
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just like in July we can see a sudden price drop.
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just like in July we can see a sudden price drop.
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last time the market got jittery and did so for little reason.
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Lets take a quick look at what ACTUALLY happened last time, instead of relying on possibly faulty memories...
Last time, the auction started on June 27 and ended on June 30. Here's the price history from the week before until the week after (June 20 through July 7):
http://i.imgur.com/x8ed6VF.png
