How many people do you think are sitting around saying the exact same thing, oh Ill wait till black friday and all the coins to be dumped and Ill buy $50 below where we are now. Same with the auction and people waiting to buy until after then. The market doesn't move like that, if it did all the idiots would make money.
It will take it down $30 to $50 (into the $330-$340 range) and delay a rally. Not the end of the world. Certainly, it's premature to talk about $10000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 valued Bitcoin given there are headwinds. They aren't forever headwinds. They don't really change the long-term game. But people are talking goofy again. So, I noted... people are talking goofy again.