Post
Topic
Board Speculation
Re: OVER $18 MILLION DOLLARS OUT OF WALLETS IN ONE MONTH!!!
by
fewcoins
on 02/12/2014, 15:51:57 UTC
wow you guys really don't understand what to look for in a market! Im sorry, let me break it down...

The total dollar amount of bitcoin that is being held in ALL wallets right now is $18mil dollars LESS than what this same site is reporting a month ago. Take yourself to https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html and add up all the wallets then look at the picture I took one month ago and add that up! One month ago there was $18mil more dollars in bitcoin wallets. IN ALL WALLETS! Exchange massive wallets, huge holders, venture capitalist, everyone together is now $18mil less than a month ago. WTF is so hard to understand about that??

Why is it so hard to understand the exchange prices right now are being manipulated to same around the same level and slowly decrease to extract money from the unknowing daily. Open your eyes. Im whistle blowing here because people are poised to lose millions form a cleverly crafted scheme created by a few to benefit a few and rip off many.  Lips sealed

Yes, we understand this

What we don't understand is what's so significant about it?

Um Ok think about this... Even at the current rate $1.4mil in BTC is mined DAILY! It cost half a million per day ($500,000) in electricity just to create that "value"... Market price means nothing these are now a few huge institutions controlling the price constantly buying and selling to each other for profits (hence the massive sideways trading then organized dumps) Everyone retail is holding this now as speculation for $1,000 per coin but they don't understand that will make the market cap over $14 Billion dollars and we can barely hold on to $5mil market cap LOL! All this talk is hilarious blabber by people who can't calculate. The dumbest governments in the world are printing cheaper money!