Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
r0ger_l
on 18/09/2014, 23:23:58 UTC
do you think Ghash/cex.io had anything to do with today's crash? If you check bitcoinwisdom you will see there is a dump of over 1.2 PH of GHS corresponding just before the BTC dump that caused the price drop.

Interesting. Are you suggesting that some large miners shut down and are dumping some of their holdings? If we keep on this way, I suppose that's inevitable at some point.

Yes, the charts show it.  120k+ GHS dumped just before BTC price drop.  Unless they just has great instinct/foresight that price was about to drop and sold/sold just before.