Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
gentlemand
on 05/11/2015, 23:31:34 UTC

Auction winners will just dump the coins to take profit, they do this slowly in waves so that there is no panic and a crash... they want to get the profit gradually. They probably got the coins for below $250.

Yeah.

Right.



The problem with btc will always be the greed of early adopters.   It has worked for them for years now but the opportunity cost is serious investment.


They'll be left alone to masturbate on exchanges soon enough if they keep attempting to milk the same old group of people. Unless there are new waves of users reasonably soon their golden goose will croak.