I really don't get it. Why someone with 10K bitcoins would dump them with 10% loss at 7400 when they could sold at 20 000? Who are these people? Playing with futures or just morons enjoying losing and making everybody sad. May be the silk road admin or some other criminals. And what will they do with the cash? Bury it in his yard, then gets arrested and hangs himself like the alpha bay admin. I curse these peoples with all the evil to them and their families! In Jesus name, amen! We, the honest hodlers will prevail and rejoice for ever!
I asked this question also several times:
The only answer I could find is that they are swing-traders.
They dump 1000 coins, drive the price down and hope to get others to dump as well, moving the price further down.
Then they buy at this lower price and influence other to do the same.
Why they don't just wait for 20k is another story ... they probably calculated it through that they can make more money this way.
Show Posts
