Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Richy_T
on 24/06/2014, 14:59:46 UTC

It is going to be interesting to see what happens during the auctions. Hell there's a relatively good chance that prices aren't affected at all

I expect this to be the case. A poor outcome of the auction will likely have no effect. A mediocre outcome might give us a bit of a boost but nothing special. I don't believe we're going to see a spectacular outcome but I would be happy to be proven wrong.

However, I think the uncertainty of the auction is holding the price back so hopefully normal service will be resumed.