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5k bitcoin sell crashed the market?! To the tune of 100MM in market value loss on those transactions. That just shows most people are hording it / not really s
by powertower 14y ago
5k bitcoin sell crashed the market?! To the tune of 100MM in market value loss on those transactions.
That just shows most people are hording it / not really selling or trading, and a few people are buying it, probably the majority of which are doing so because they need to spend it on SilkRoad or a gambling site.
The moment that goes away, or a few big holders decides to cash out, watch out.