Quote from: jwzguy on August 21, 2012, 08:25:28 PM

Quote from: elosk on August 21, 2012, 08:24:06 PM

Quote from: jwzguy on August 21, 2012, 08:15:39 PM

Quote from: elosk on August 21, 2012, 08:07:55 PM

But it isn't done yet. Pirate hasn't paid everyone back yet. If he does, it will most likely result in a flooding of the market which will drop the price. If he runs off, the market will rally as everyone who invested with him tries to get back into the game.

That seems like a fairly baseless assumption to me.

How so? If people get their coins back, do you not think that many of them will sell to try and get out?

Why would they? If they get paid back, it's not like they got burned.

True, and this is purely speculation, but I believe that after having someone else sitting on their coins for so long and after making large profits, that people will be inclined to convert at least some of their coin to fiat