Post
Topic
Board Speculation
Re: Only one winner for the 30k BTC from the auction!
by
atp1916
on 01/07/2014, 22:23:55 UTC
How come the market hasn't crashed?  I thought the winner was going to instantly dump the coins?   Roll Eyes

That's what all the bears want to happen.

I will say that the mere fact the coins were bid up higher than market rates is simply due to what i was suspecting all along: that whoever did get them bid way up to keep the coins out of the hands of those who would dump them onto the market.  There is no dump of the Mt. Gox coins nor will there ever be.

This train is heading up, and will keep heading up thanks to no China in the background.