Post
Topic
Board Speculation
Re: So Who's Selling?
by
SilenceDogreat
on 29/07/2014, 02:58:33 UTC
Optimistic scenario:
https://bitcointalk.org/index.php?topic=467191.msg8068282#msg8068282

Under a pessimistic scenario, the odds of which is less than 50%, it could go to $400-450 where there is a strong support. If it goes that low, it will take longer to rise to the old ATH, probably by the end of 2015 only.

Extrapolating beyond 2014 is inherently going to be pretty unreliable.
I think your projections for the next 2 months are accurate though.

a) miners;
b) long term hodlers who buy at Overstock and other stores (technically they don't sell, but the payment processor for Overstock sells bticoins for fiat which has the same result);
c) impatient investors;
d) speculators who sell in hopes to buy cheaper later.
e) those who urgently need fiat for some reason;

Sure.  But this could be said for any recent time period really.
I was thinking more along the lines of what m1rr0rm3 proposed, larger volume selling from ? ? ?
...although you could certainly be correct.

Does this link work for other people?  https://blockchain.info/largest-recent-transactions - it doesn't for me.