market should hold here for a while clearly its a sticky price.
place your bets!
Indeed! the stability here is a great sign
I still think a retest of $500 is entirely possible this weekend though...
but coinbase should have a fresh wad of fiat ready to go and taking orders again, tomorrow.
and this is the settled price for the whale eat whale move we just had, moving away in any direction seems unlikely, we maybe stuck here so long as vol keeps coming.
You see Adam..... this is part of the problem and misunderstanding regarding the Coinbase situation, and you seem to be continuing to misunderstand the Coinbase situation too.... b/c I don't see you as someone who spreads FUD and misinformation, unless you are joking around... HERE, you do not appear to be joking.
My point is this: Coinbase ran out of coins between about 10pm Eastern Standard time (in the US) Saturday August 16 and 4 am Eastern Standard time (in the US) Sunday August 17, and during that time they communicated to their customers that they could guarantee coins on Friday August 22 (at whatever time of the day that the customer had attempted to buy BTC through coinbase).
At about 4 am Eastern Standard time (in the US) Sunday August 17, Coinbase acquired more BTC for sale, and it has NOT run out of coins since then. Accordingly, Coinbase has been selling BTC to customers all fricking week... without any further shortage. So there is NO obvious need for them to purchase and to make any additional coins available on this friday, August 22 (at least no public mention of such). Hopefully this explanation helps.
