Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
hyphymikey
on 27/04/2015, 22:16:29 UTC
Only 6000 coins were bought on BTC-E and everybody comes to the conclusion that they are insolvent? LMAO

What if someone lives in a country that only BTC-E caters to them? They would just buy a nice chunk of coins then wait for arbitragers to bring more coins to buy. You didn't notice the bid depth increased and stayed high? If someone were trying to get all money off the exchange they would have spent it all in one go and not leave bids(fiat) on the exchange.

This story must have originated from someone who shorted and is scared.