It's just 29,658.80060152 Bitcoins! We See more at Exchanges :S Just HODL! :)s

[soopy452000]

I don't see why people are going ah , oh over a sell of 29,658.80060152 Bitcoins and the minute price steeps , I mean we see more trading at exchanges everyday and besides whoever wins this auction will not just dump it lol they'll always want to take the advantage of the price , What if they decide to HODL too?

What do you think?

~SoopY~

[BTCfan1]

it's a big deal cause the US gov is selling them - making the purchase 100 percent legal/legit, and the sale is basically guaranteed etc

[soopy452000]

it's a big deal cause the US gov is selling them - making the purchase 100 percent legal/legit, and the sale is basically guaranteed etc

If people are worried that it will crash the price , Bitcoin is much stronger and it's been stable so I doubt that that FUD can bring the price down , I believe it should simply rise as a counter action so that people are pushing it up so that in the way if anyone wants to start selling it won't affect the markets at all but would simply blend in a few rebounds.

[BTCfan1]

it's a big deal cause the US gov is selling them - making the purchase 100 percent legal/legit, and the sale is basically guaranteed etc

If people are worried that it will crash the price , Bitcoin is much stronger and it's been stable so I doubt that that FUD can bring the price down , I believe it should simply rise as a counter action so that people are pushing it up so that in the way if anyone wants to start selling it won't affect the markets at all but would simply blend in a few rebounds.

FUD = best time to buy

[TERA]

I think when there is a 20% price reduction over a 0.22% increase in supply, it is a good time to buy. Simple math. Think about it.

[BTCfan1]

I think when there is a 20% price reduction over a 0.22% increase in supply, it is a good time to buy. Simple math. Think about it.

yeah I agree.  I want the price to skyrocket but at the same time I want more time to buy cheap coins!!

[soopy452000]

I think when there is a 20% price reduction over a 0.22% increase in supply, it is a good time to buy. Simple math. Think about it.

Yup! Exactly People should be buying Moree than dumping.

[rudius]

I think when there is a 20% price reduction over a 0.22% increase in supply, it is a good time to buy. Simple math. Think about it.

Lol i think about it but i don t see the relation between the two number. They are independant.

[jamesc760]

I think when there is a 20% price reduction over a 0.22% increase in supply, it is a good time to buy. Simple math. Think about it.

Lol i think about it but i don t see the relation between the two number. They are independant.

You don't see it because you are an idiot. Tera's absolutely right.

[JimboToronto]

I think when there is a 20% price reduction over a 0.22% increase in supply, it is a good time to buy. Simple math. Think about it.

+1

[Este Nuno]

I think when there is a 20% price reduction over a 0.22% increase in supply, it is a good time to buy. Simple math. Think about it.

Lol i think about it but i don t see the relation between the two number. They are independant.

0.22% of bitcoins were out of circulation and now those bitcoins may soon be in circulation thus the total supply of bitcoins in circulation will increase by 0.22%.

[williamevanl]

Everyone on here is such a perma-bull it's almost hard to read all the comments. It seems everything is good all the time! I think the price is coming down and it won't require 20 Million dollar sells for it to happen.

Buying pressure is running out which is no surprise and selling pressure will increase with merchant adoption because they don't actually want to hold Bitcoins. Bitcoin will someday be worth a price of what it is today and much more but at the moment people have driven its value way beyond what it should be at this point in time. That will correct.

[Este Nuno]

Everyone on here is such a perma-bull it's almost hard to read all the comments. It seems everything is good all the time! I think the price is coming down and it won't require 20 Million dollar sells for it to happen.

Buying pressure is running out which is no surprise and selling pressure will increase with merchant adoption because they don't actually want to hold Bitcoins. Bitcoin will someday be worth a price of what it is today and much more but at the moment people have driven its value way beyond what it should be at this point in time. That will correct.

It could be that we are about to enter another long downtrend. Sentiment has really turned around(outside of this subforu anyway ) and it's much worse now I think.

And you might be right about the buying power running out.

[TheJuice]

It will go down a bit, but it should recover quickly. just keep holding/buying.

[Benjig]

The whales that will buy that bitcoins wont dump them at any exchange, thats obvious, they will hodl them for long!.

[UnDerDoG81]

So if I am an early adaptor and own 30k coins I can crash a market!? So bitcoin has still a long way to go...

[Este Nuno]

So if I am an early adaptor and own 30k coins I can crash a market!? So bitcoin has still a long way to go...

Funny thing is that the 30k coins haven't even been sold on any market yet. It's just the thought that they are about to even possibly be dumped that is scaring everyone.

[Mythul]

If it crashes, it will be a huge opportunity to get cheap coins !

[ShakyhandsBTCer]

So if I am an early adaptor and own 30k coins I can crash a market!? So bitcoin has still a long way to go...

Funny thing is that the 30k coins haven't even been sold on any market yet. It's just the thought that they are about to even possibly be dumped that is scaring everyone.

The issue is that people are anticipating a surge in supply in bitcoin for sale.

The amount of coins being sold is many times the daily average traded in one day.