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Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Mrpumperitis
on
22/06/2016, 22:45:47 UTC
Quote from: Mrpumperitis on June 17, 2016, 06:19:35 AM
http://www.coindesk.com/us-government-to-sell-44000-btc-in-final-silk-road-auction/
44,341 BTC, to be sold, will go on sale from 12:00 UTC to 18:00 UTC on November 5, 2015
1 month before Auction oct 5, 1btc $240
1 day before auction nov 4, 1btc $504
On auction days...$360 then within days back to $299
Now
3 weeks before auction $440s
3days before auction $780
Australia to auction $11.5 million confiscated bitcoins ... The sale will take place on June 20-21 2016 and involve 24,518 coins
http://www.reuters.com/article/us-bitcoin-auction-australia-idUSKCN0YL091
Dump could take us back to $500s then quick recovery due to the fiat issues getting worse every week.