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Author Topic: How can the market recover after a huge dump?  (Read 1947 times)
cbeast
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November 13, 2014, 04:17:47 AM
 #21

Do you believe that once prices is raising just because sharks want to dump?
The sharks aren't here yet, this is just splashing around in a baby pool.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
RobertDJ
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November 13, 2014, 04:35:08 AM
 #22

I don't think any rational person would want to dump that large of an amount of bitcoin on the market like that as if that much bitcoin is "dumped" then existing orders would not be able to cover all the sale offers causing the price to be artificially low.

After the market has time to react, many people would likely quickly purchase bitcoin using money they already have on deposit at the exchanges causing the price to rebound. Although the net effect would be that the price would decline
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