You dont know that. For all anyone knows that 1.2m from the accumulator could have been sold to a big investor that used polo as the middleman

Quote from: tyz on March 13, 2016, 10:57:06 AM

There is still a 1.2 million ETH stake on Poloniex which has not been sold yet. It was deposit two weeks ago and the sending account was one of the early investors addresses. I am waiting every day that the stake is getting sold. It will cause a hard crash.

Quote from: shintosai on March 13, 2016, 06:47:23 AM

Quote from: K210 on March 13, 2016, 06:39:24 AM

Eth bubble is about to pop pull put while you can. I just sold all my ether for btc and bought 500 LTC which is a far more stable and safe coin to store value in. Think about it what has ether done to deserve $14 value??

Is it used as a currency - NO
Is it widely used for smartcontracts - NOT AT THIS STAGE
Does it have solid design - NOPE ITS FULL OF BUGS

The only thing holding the price up at the moment is hype, once that dies down ether is going down to $1-$2 range.

if this one is correct it is very alarming to those who have eth I'm monitoring the movement and it is very annoying why the price keeps going up but the popularity is not that much. I think much better to wait for another month if price got steady i will now then gamble. but right now Im with you OP I'm guessing that bubble will pop..