Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
gmannn
on 25/02/2014, 04:02:33 UTC
Makes no sense that the usd markets isn't moving. Basically nothing keeping it over 480 but no one is selling either. This if something lately should bring it down?

Whales usually don't sell into no support cause they'd get very poor value.  Instead, they wait for a big wall.  That's why I always laugh when people are like "oh hey, we have good support here... oh crap, someone just blew through it."

And regular folk moving a coin or two don't matter since they can't make the market move anyway.

Chances of a silkroad takedown effect?
Gox was doing about as much damage to BTCs image as SR.