Post
Topic
Board Speculation
Re: any news driving this drop
by
bozak
on 18/07/2013, 13:22:59 UTC
re forced buyback - how does that work?  all 123K BTC worth  of satoshidice shares must be sold within hours??  Please elaborate?

No forced selling of BTC, only forced selling of SD shares.  Some people are theorizing that the large BTC payout led to the drop in exchange rate, but that doesn't make a lot of sense to me.  The alternative view is that a BTC company was just sold for a significant sum showing that the BTC economy is thriving.