Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
seleme
on 18/03/2014, 05:28:22 UTC
To be honest the only thing that can collapse the price IMO are the week hands, (non believers) stolen Bitcoin and whales redistributing/ facilitating future wealth growth, and  I think a lot of coins @ the new order of magnetude have already been flushed.


The big question for me is "what really happened to the Gox coins."  I'm working on the hypothesis that the coins were stolen along time ago and have already been absorbed by the market.  If this is true, I can't see us dipping very deep and in fact think this is quite bullish medium term.  On the other hand, if a thief really has 750,000 BTC, I could imagine considerable selling pressure for some time.  

Those coins are absorbed by market long time ago. It's not that Gox problems started yesterday.