JorgeStolfi
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May 30, 2014, 01:56:01 AM

Isnt Thursday historically the best day for gains? Or is that just Second Market?
There is indeed a conjecture that SecondMarket's BIT fund buys much more on Thursdays than in other days (and, of course, only if they get more investments than liquidations in that week).  Uncharacteristically, they bought 300 BTC yesterday, May 28.

However, they are not big buyers.  They bought 5865 BTC on Apr/10, but since then they have bought~1000 BTC/week net.  In comparison, miners are producing ~28'000 BTC/week.