Post
Topic
Board Service Discussion
Re: CoinBase Ran Out Of Coins ... [BLANK STARE]
by
Armis
on 25/02/2014, 10:27:40 UTC
Congratulations, Armis, I think you've discovered a new economic indicator: Coinbase hot-wallet BTC inventory

When they tell you they're "out", thus creating the appearance that a buying spree is taking place, that is a very negative indicator.  Expect bitcoin to plummet.

...or maybe it's just coincidence that they ran out on a Monday afternoon, shortly before issuing a public statement sure to send the market into a tailspin...


I think both statements are perfectly valid, thanks for that.