I think everyone here realizes that there is NO substantial buy support until you get down to prices at 10% of current price. Anyone or group of people who try to dump any large amount of coins now will have to seriously tank the price. Sure they could put in sell orders at high prices but I just don't see buyers falling for that given everyone is on edge right now curious to see what happens with the airdrop. Time for some more popcorn I guess.
I am confused why some people are claiming that all the Icelanders claiming their coins right now are getting ~$350 equivalent when there is no way more than a hand full could get even close to that if they sold all their coins right now.
Try to show some imagination. If you have the regulated crypto currency exchange open in New York, and investors can see Icelanders using ATMs and using Auroracoin in shops, then they will pull money out of poorly performing stocks and get in on the new game in town. That will make today's marketcaps look pretty small.
Man you have some serious imagination I will give you that. All I stated was the facts of the current market. Nothing more. Nothing less. I am as curious as the next guy to see what happens here. I just hope the Icelanders don't end up worse off.