Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BlindMayorBitcorn
on 15/07/2017, 19:26:18 UTC
Um I have a theory for the latest correction. Yesterday I read about the busting of AlphaBay and at least one of their admins. The article went on to say that they averaged around 600~800k in sales daily which in my head is a daily support of some 500k. Can this have some correlation with the price or not? I mean getting half a million dollars off table every day is something.

The fact that the biggest dark market on the net shuttered and the administrator suicided in Thai jail didn't happen in a vacuum. That's for sure.