Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
mr angry
on 06/08/2016, 19:32:24 UTC
How are they planning to buy 75k coins off the market without insta-mooning the price (OTC?)? Who's gonna sell them all of those coins at ~$600?
Also how will they liquidate 36% of LTC ETC and ETH without tanking their price accordingly?

I can't think of any way they can buy those coins without mooning the price. The Bitstamp hack caused a crash, but the Bitfinex hack might cause a moonshot. Release of the news of their plans pumped the price, but after they start buying there will be rocket pictures in every other post in this thread.