dEBRUYNE
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November 20, 2014, 09:43:29 PM

Now that the US has put out a notice for auction of 50000 BTC, i see big investors and whales dumping to bring down the price so that they can buy in cheap and pickup those 50K coins. Something similar to what happened when they announced the sale the last time. My only issue is, once the price settled down it did not move up as quickly as everyone anticipated. Could this mean another long drawn bear run? Don't know for sure, but im buying in when these coins are cheap and hoping that the price starts rising once the auction is done and dusted. My 2 satoshi. Grin

I share this view. I think we won't go anywhere untill the 144k from DPR are auctioned off and a similair pattern will appear next two auctions.