Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
SGExodus
on 21/06/2013, 12:56:32 UTC
Can someone explain to me why, under the certain circumstances, price @MtGox is falling?!?

Same as last week.  Some people believes that there will be another big dump on Sunday 5am, hence causing a big drop in price.

So they are selling all their coins now to hold a short position, then buy back those coins on Sunday after a further price drop.