Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
DaRude
on 13/01/2015, 18:18:48 UTC
Is it possible bitstamp is driving the price down to purchase the coins they lost?

NO to "drive" price down they have to buy up a lot of btc and credit people fiat which would be suicide, on top of that it only has like half the volume of Finex or a bit over BTC-E. By the looks of it this is China cashing out big time. Seeing how farms are starting to shut down speculating that it's the mine farm squeeze of 2015.