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Normally if someone has 250,000 of anything it would not be to their advantage to crash the market before a sell-off. If anything they should prop-up the curre
by sailfast 14y ago
Normally if someone has 250,000 of anything it would not be to their advantage to crash the market before a sell-off. If anything they should prop-up the currency value with fake press releases as they sell in order to cash out high and buy back in as low as possible, then write a story about the sell-off to cause a panic.
That said, I suppose it's also possible that a group would want to destroy the currency in its current form too, for giggles?
- niggler 14y agoIt's also possible they have such a low cost basis (remember that it wasn't that long ago when BTC was less than 1 USD) that 30 represents s massive profit