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Title: Short term sell off because of Bitfloor? Post by: randymarsh730 on April 18, 2013, 08:13:29 AM Because of Bitfloor closing down alot of people who have accounts there have been buying btc and transferring those coins out instead of waiting to have their usd transferred out. I think this is most likely the reason the price has been going up for the last couple hours.
My question is what do you think these people will do with their coins? Will alot of them be selling afterwards? Could we see a short term drop in the price soon? There is also much resistance between 90-100 I'm thinking if I should sell some of my coins right now and buy back at a lower price |