well pfft. sold my recent mined btc. figure people are going to buy avalon gear and the middleman will dump them
on the market soon after. be crazy not to.
on the market soon after. be crazy not to.
Or a lot of folks like me and my friend are buying at market price right now, to grab BTC to order AVALON ASIC in 9 hours.. I'm pretty sure the 600 order of this morning will not affect the price at all
And Avalon, who is rushing preorders in order to pay for parts before the weekend is up will turn around and sell $1500*600 = $900,000 into the bids beginning at 9 am. Unless we get some buyers stepping up, that would take us to around $16. There's always more buyers sitting off the books, but that's still a lot of selling pressure to absorb in a day or two.
