Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitserve
on 06/02/2018, 05:34:36 UTC
I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

They realize that we're probably entering a bear market that could potentially last a couple years or more and want to take a small profit or cut their losses while they can.


Only if tether explodes alongside with bitfinex.

yep...but the silence on this ...could drag this down quite a bit...even if eventually it all comes to naught

ah hell, I'm kinda an ass anyway, I'd be more so if BTC was still at 18k........probably for the best.....



I still have the suspicion that it is in fact Bitfinex/Tether who are selling their massive crypto reserves to have the $2 Billion USD in Tether fully backed. If we would just know how much selling they still need to do for that...