Post
Topic
Board Speculation
Re: BTC drop to next level coming...bail the F out now!
by
mikerbiker6
on 26/06/2014, 10:40:35 UTC
tomorrow is the auction.
Horde your coins now, afterwards it will revert to its natural level (600).
Ask yourself, what happened in the last few weeks that causes it to drop,
Well, there is no particular reason, bitcoin acceptance is only increasing.
And less FUD(as far as i noticed).
So probably it is because of manipulation, when this is over, you will see 600's.


Ditto to that!
 
Just one thing, isn't the auction on the 28th, not the 27th? I could go and check the URL, but feeling extremely sick-lazy today Smiley

Cheers


I believe it to be on Friday the 27th.  Have to find the link somewhere.
Quote
I cannot see any other reasons for the downtrend than traders being nervous of the Bitcoin auction that has a deadline on Friday, June 27th.
Here you go:
http://www.cryptocoinsnews.com/news/bitcoin-price-trending-downwards-awaiting-bitcoin-auction-results/2014/06/25

27th, so tomorrow.