Post
Topic
Board Exchanges
Re: BTC-E.com exchange Bitcoin, Litecoin, Namecoin <-> USD\BTC (fee 0.2%)
by
Batshit
on 24/11/2013, 00:19:50 UTC
I am going to do some commonsensical deductive reasoning.  I may not know wth I am talking about, but indulge me for a sec:

A few days ago, that 194,993 BTC transaction worth $147m was processed.  At the time, I doubt any exchange had the cash on-hand to fill it.  So, BTC-e (?) hoarded cash inflows, filled the sell order, and now they are liquidating those BTC to repay whatever bridge loan they may have also required and to fund the back-log of deposits.

If I am correct (or close), then BTC should take a rather dramatic dip over the coming days. 

http://www.coindesk.com/194993-btc-transaction-147m-mystery-and-speculation/