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Strategies & Market Trends : Beat The Street With SI Traders

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To: Rocket Red who wrote (125826)11/20/2013 9:22:06 AM
From: Bear Down  Read Replies (1) of 233807
 
Exactly the opposite ..... the two big dips in october were due to the feds selling what they confiscated in the silk road bust. first 2.3 mill worth in SR accounts, then 28 mill worth from ulbrect's flash drives around oct 15.

Feds wanted forfeiture and didn't want bitcoins so they sold them and then when for forfeiture on the cash

that is the only supply dumps that caused the big sell-offs. this week is just like APril, huge press, BTC exchanges doing 20,000 new accounts per week, and massive demand. A good chance for any of us holding them to sell...

and rememebr, there are no days off in BTC. 24/7/365 which makes upgrading a site a real headache and probably a scare for the users. that happened yesterday on one exchange as the new volume required some massive upgrades. they also have a litecoin trading platform, which although not widely accepted therefore not in great demand, were being taken up with BTC....

margin loans are peer to peer. if you don't understand it, i can see you calling it a bubbl. But if you can grasp it you will understand.

In math we trust
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