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Bitcoin Forum > Bitcoin > Mining > Who thinks newegg and tigerdirect bought all the BTC at $17 last week
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snoopytime (OP)
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June 11, 2011, 11:21:39 PM
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That would be genius, if even just newegg bought all the bitcoins up in the teens, causing it to spike to $30, and them to sell out on all their mining hardware. THEN sell themm all at 30 and double-rofl all the way to the bank
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June 11, 2011, 11:24:23 PM
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You can't buy at $17 and make the price end up at $30. You'd have to buy coins all the way up to $30. The same principle applies for when you are selling.
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