Post
Topic
Board Speculation
Re: CoinLab News = Price collapse
by
arepo
on 23/04/2013, 02:22:35 UTC
In addition to the news that CoinLab is gonna manage USA/CA funds from Mtgox, they are announcing a professional, safe and licensed trading platform for US Corporations.

Trading platform = shorting.

3 or 4 medium sized corporations with 3 or 4 multimillion shorts puts the prices in $10 or below in no time.


and what the hell would be the point of shorting btc down to $10???

that's rully dum. there's massive support at $50... the price would probably overshoot to the hundreds and they'd suffer huge losses...

fud