Can we have a small crash now?? Pleaaaaaaaaase!
A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup.You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis.
That news was perhaps based on this article: http://qz.com/72118/yes-people-are-hoarding-bitcoins/
Which in turn was based on this statistic: http://blockchain.info/charts/bitcoin-days-destroyed
Which only means the early adopters with large quantities of coins are selling some of them, which makes sense because when you are a millionaire, you might want to live like one. And it's normal to do some asset diversifying at this stage anyway. Nothing to worry about, just another case of the press looking for some stick to beat Bitcoin with.
I haven't found the bitcoin days destroyed to be much an indicator of anything. We've seen tons of spikes, but haven't seen any conclusive evidence in the market that those moves = dumps
For all we know they could be moves to paper wallets.
While not a massive sum, I did do that exact thing with some of my coins just this morn.
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