fulepp
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July 07, 2013, 12:05:57 PM

I can feel a Winkledump coming. Cheesy

BTW, how many coins do they have?
Over 100k, though in their SEC filing they propose to sell 200k BTC.

Very telling that no bounce is achieved even at current levels. Sorry to be the bearer of bad news, but bear with me: This thing needs to capitulate on incredible volume and a low <50 before we bottom out for good.

reading all the topics here unfortunately I believe in this statement. 50 is what everyone is waiting for. It is not a magical break point what most of the financial analytic guys/galls say but a number what everyone is hoping the absolute minimum.

If we have to reach a limit where most of the people jut "give away" their stash because they lost their faith that must to be way below that limit. At the moment there is about 9k BTC @55, the biggest wall what i can see around this "believed" brake point. And of course a lot of order around 33.

Once again I am not a financial person. I don't want to see the price go down that deep but this is not our decision. I believe in the future and I hope one day when we go to the shop / pub / petrol station we can pay with BTC.