Bitcoin Forum
November 12, 2024, 11:04:12 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-07-07] SurBitcoin Sells Bitcoin At 26% Below Global Market Average  (Read 178 times)
WishICanTurnBackTime (OP)
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
July 07, 2016, 02:31:36 PM
 #1

It is difficult to answer that question, as it seems some people are desperately trying to liquidate their Bitcoin holdings right now. Selling below the global market average is not that unusual, but with a margin of nearly US$200, something seems to be amiss. Interestingly enough, all of these trades are taking place on the Surbitcoin platform.
Some people assumed these trades were executed due to a bug with the Surbitcoin trading engine. However, that does not seem to be the case, as the platform is working as intended. One thing that could be causing this selling spree is the correlation between the US Dollar and Venezuelan Bolivar.

http://themerkle.com/surbitcoin-sells-bitcoin-at-26-below-global-market-average/

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!