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Author Topic: Bitcoin is bound to rise if another 5 billon RMB comes in  (Read 1042 times)
michaelzhang (OP)
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March 19, 2014, 01:14:32 PM
 #1

See the article here:
http://www.bit-sky.com/index.php/english/568-bitcoin-is-bound-to-rise-if-another-5-billon-rmb-comes-in
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jonald_fyookball
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March 20, 2014, 03:12:56 AM
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i think a lot of the stolen gox coins are being slowly dumped on the market in the last 2 weeks which is
the reason for the steady decline from $640 to $600.

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March 20, 2014, 03:53:55 AM
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i think a lot of the stolen gox coins are being slowly dumped on the market in the last 2 weeks which is
the reason for the steady decline from $640 to $600.
Smart monkey.

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March 20, 2014, 05:26:56 AM
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There are multiple huge wallets 100k coins+ that were actively dividing up into smaller wallets just a week or so ago. If any of these guys start unloading at a steady pace, BTC is going nowhere but down. Also, then throw on top the gov will most likely be allowed to liquidate the 180k coins from silk road, and your setting BTC up for a definite crash at some point. Too many huge wallets left.
jonald_fyookball
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March 20, 2014, 05:45:25 AM
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There are multiple huge wallets 100k coins+ that were actively dividing up into smaller wallets just a week or so ago. If any of these guys start unloading at a steady pace, BTC is going nowhere but down. Also, then throw on top the gov will most likely be allowed to liquidate the 180k coins from silk road, and your setting BTC up for a definite crash at some point. Too many huge wallets left.

i think that's already started

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March 20, 2014, 06:05:17 AM
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i think a lot of the stolen gox coins are being slowly dumped on the market in the last 2 weeks which is
the reason for the steady decline from $640 to $600.
Mark is selling, yes.

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