Post
Topic
Board Speculation
Re: Black Swan Event
by
Rat_Poison
on 03/10/2014, 19:48:54 UTC
That's just the EMC cold wallet.

Estimates for BFL total wallets are 10,000 to 50,000 BTC.

Up until the judge ordered this, no one was expecting a forced sell event of any kind.    That it's going to be done orderly has no meaning.  Everyone will want to get their sell orders in first.

I think you would need to be a lunatic to be holding bitcoin in this current environment. Bad news for the bulls...