sale was well below market. Buyers of the coins started the market going and they are now dumping the coins for massive instant profits. Once people realise they were duped they will dump as well. There will be a crash and the SR buyers will re-buy at a really low price as well as profit massively from their manipulation of the market.
This was already proven wrong. Buyers who bid at market lost and have said so. So quit lying and shut up.
will not be "proven" wrong until we have solid "proof" to the contrary. It is quite possible the market is being played and some millionaire is making money off all this "to da moon" stuff.
I have just provided a counter narrative to the speculation forum. I know it hurts to hear bad news.
Such unbelievable stupidity.
Even before the auction ended you could have known the coins would not go for below market price. It only takes 1 bidder to bid above market for the coins to sell above market.
On top of that several players claim to be outbid, there's no reason for them to lie as it will damage their reputation if we would find out about their lie, it's not worth the risk as such lies will always be found out. Therefore we can logically conclude they sold for above market price.
Of course some people will try to manipulate bitcoin, but bit the way you described. Bitcoin is unlikely to crash below $630 from here and once it passed $666 and $680 you can assume it will be UP, UP, UP.
