Re: Ethereum KILLING BITCOIN!

Quote from: fran2k on August 16, 2014, 07:49:58 AM

Quote from: lenny_ on August 15, 2014, 05:17:57 PM

Bitcoin price doesn't matter. Bitcoin protocol works regardless if price is one dollar or thousand.

Hehehehe.

Quote from: Riddikulo on August 15, 2014, 06:23:40 PM

Quote from: elebit on August 15, 2014, 06:18:49 PM

Quote from: Riddikulo on August 15, 2014, 05:09:52 PM

They dumped 1,150 bitcoins 5 days ago when the price was $590, 1,350 3 days ago when the price was $550, and now they have dumped 1,237 more TODAY when the price was $510, that`s why we went down 500usd and we are going to $450...

How do you know this? Is the address they're sent to a known address of a trading site?

They admit the needed of selling bitcoins till reach 3 millon USD. So there`s a lot of dumping incoming.

Reference?

If this continues they will bring the price down to 400.. damn, why the hell are they dumping the bitcoins.. they can pay the devs in bitcoin, if not when they dump the last chunk of 1000 btcs they will only receive 100k usd because the price will be 100 usd.