Post
Topic
Board Economics
Re: Why bitcoin prices are always very unstable
by
GenieBTC
on 09/10/2014, 15:31:12 UTC
it is because a lot of selling going on bitcoin in Russia, this is because his existing laws that prohibit possession of bitcoin in Russia, it makes the holder bitcoin bitcoin in Russia to sell to the market, so stock bitcoin abundant in the market, and as a result of law if the stock market an abundance of goods, then the selling price of the item will be dropped ...  Cry

But the price is going UP

Russians selling all their BTC should be pushing the price DOWN.

Maybe Russians are selling because they are making their own.