also don't forget, out of 3600 dumped coins at least 70% will make back to the dumper(hidden orders, putting up own bids and etc).. manipulators aren't that stupid to just give you free lunch away... in fact they are getting better at it these days.. i'm impressed how they can take up positions on both sides and fake the entire futures market...
Some people like to say that the 3600 bitcoins being dumped is nothing, because of the volumes we see in exchanges are much larger.
That, misses the point, as 3600 is a dump constant put against short-term speculation. Who wins? At $300/btc, traders must pour $1,080,000 every day, for sustaining the price. That is indeed a total amount (no one needs to pump $1,080,000 single-handed), thus not necessary the most ridiculous value there is. But the speculator excitement is now very low. Therefore in order to bring bitcoin to great heights (A.K.A the moon) at the current inflation level, the pump must be legendary. There simply isn't such a market.
Thus I conclude that we won't see ATH prices so soon, as permabulls like to claim.
