we almost broke $550, $500 is not so far away
I don't see us going back to $500. I have been wrong many times though. I think we are in the midst of too much good news right now...
many good news and weak hand still sell their BTC
we need super big news that will help many investor believe in BTC
like 30000 government sanctioned coins for sale at auction likely to sell under market price?
The coins will likely sell for a discount
anyway the guys buying this amount will not sold in a long time, they will hold them for sure.
That is not necessarily true.
When companies offer a "secondary" offering of stock (offering a large amount of stock for sale after it has gone public) the stock usually trades at somewhat of a discount and the buyer will often sell it on the open market right away, profiting off the difference between what they bought it at and the price they sold on the market. Kind of like an arbitrage.
I would not be surprised if people did not at least attempt to do this for the FBI auction.
