The only thing I'm currently concerned is that there is/are a dolphin (I find them cuter) who was able to manipulate once the market , when it was around 120.
If the price drops , even now at 90 , if he buys back he will get more BTC than he had and he can play his card better.
Now , if he keeps this game with 2 drops and then one buy a few times undisturbed he will slowly gain more influence ....
Of course we add around 3500 coins daily to compensate this , but, still an unhealty scenario.
A guy with enough bitcoins who is in only for gains , enough power to influence the price... sounds like a .. central b***.
If the price drops , even now at 90 , if he buys back he will get more BTC than he had and he can play his card better.
Now , if he keeps this game with 2 drops and then one buy a few times undisturbed he will slowly gain more influence ....
Of course we add around 3500 coins daily to compensate this , but, still an unhealty scenario.
A guy with enough bitcoins who is in only for gains , enough power to influence the price... sounds like a .. central b***.
If it's the same guy who dumps every sunday i don't see him buying anything back. He's getting out and depending on how many coins he has this could go on for a while.
You could think he does it on sunday morning to cause as little panic as possible.
If he was after a price drop to buy back more i'm pretty sure he would do it differently.
Maybe he's busy doing whatever he does for the rest of the week and likes to play with his Bitcoins on Sundays.