Bitcoin Forum

Economy => Trading Discussion => Topic started by: whereismymoney13 on April 29, 2013, 05:55:54 AM



Title: $12 million dump
Post by: whereismymoney13 on April 29, 2013, 05:55:54 AM
Did the Winklevoss Twins cash out? I heard they invested $11,000,000 into BTC and last week prices dropped quite a bit when someone dumped $12 million in coin right before the weekend. Anyone know?


Title: Re: $12 million dump
Post by: btcmind on April 29, 2013, 08:17:50 AM
Yes, I've spoken with them on the phone and they said BTC is toast. Just kidding. Shouldn't this be in speculation? As far as I can see this move would have yielded little profit, because of market impact. Pump & dump means you dumpy slowly, not quickly..