Post
Topic
Board Speculation
Re: The real reason for this decline: Monday is a Federal holiday.
by
adamstgBit
on 01/09/2012, 00:08:24 UTC
Everyone is betting on people cashing out desperately on the cheap on Monday due to little to no US dollars coming in. The current sells are just early claims on that event.

at this point theirs so much cash in mtgox, weekends really dont make any difference...
There are immediate purchases outside this cash pool that are not found on weekends. That's why there is a weekend dip.

the immediate purchases are small and insignificant

anyone trying to buy big isn't sending money and buying it up immediately...