Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Moria843
on 02/07/2014, 14:02:07 UTC
Yes but over a long time period - not the next month and through the usual cause of business and probably through funding businesses that expand the bitcoin ecosystem. So there is absolutely no chance of 30,000 coins hitting  exchanges in one go, so the market no longer needs to fear the quick sale and profit turn. To me this is about as bullish an outcome as we could have hoped for.

Agree 100%. Just pointing that sooner or later 30000 BTCs that were outside the market for a year are now back. They can all be kept unused or unchanged but they are back.

I too agree and have been buying since the auction was announced. Can't believe some of the paranoid views over the fear that 30,000 BTC will be dumped all at once or 0.3% making that much difference.