Post
Topic
Board Speculation
Re: SecondMarket Bitcoin Investment Trust Observer
by
gotmilk_
on 28/02/2014, 17:45:09 UTC
1030XBT bought yesterday
SecondMarket is becoming notorious now for completely missing lows and then buying during some extremely overbought condition afterwards.

They probably have their stash of btc which are bought at lows and they later just sell those btc to the investors (who probably don't care about the price since they're investing for a long term?) at daily prices... That's why they're buying min 25btc directly from sellers.

I'm sure they are smart enough to make profit out of this  Wink