Post
Topic
Board Speculation
Re: SecondMarket Bitcoin Investment Trust Observer
by
pinky
on 30/12/2014, 13:14:30 UTC
At least participants are not wantonly dumping with recent sell-off, yet anyway. Grrr.

Pray for these guys not dumping any time soon before a big rally. If they do, massive selloff and lose of confidence in bitcoin will begin.

Hm, in order for any hope of a new rally weak hands must sell. There is no other way around. The question is what is the price at which early adopters will sell (like 30k we saw at 275 on bitstamp).