I'm just intrigued about peoples thoughts on the 80 sell wall on gox. Right now it would cost 800,000 to buy it out. It's an obvious lid on the price of BTC at the moment.
Do you think it's one or two big players?
Is it manipulating the market?
Or is it just a lot of people wanting to get out at a "fair" price?
Will it just suddenly disappear causing an increase in value?
May it get eaten?
Do you think it's one or two big players?
Is it manipulating the market?
Or is it just a lot of people wanting to get out at a "fair" price?
Will it just suddenly disappear causing an increase in value?
May it get eaten?
It could be any or all of the above!
It will be interesting to see if it holds very long or if the sellers decide to remove their sell bids if the price inches closer to it.
I have seen walls this big eaten though so it is not insurmountable.
This wall was already touched yesterday, and it held firm.
I am really surprised it hasnt been eaten TBH.
