Cconvert2G36
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February 26, 2015, 06:22:30 AM

It is 50k BTC of demand satiated in a day. Not inconsequential.

But is it 50k of demand from those that would use exchanges, or from those who would buy off-exchange?

It's also 50k BTC of selling pressure relived in a day. It's been know for a long time and priced in.

The fact that .gov has 94k btc to sell has been known, who the hell will buy them is more of an unknown. Will you help?