All posts made by sortapundit in Bitcointalk.org's Wall Observer thread



1. Post 13361349 (copy this link) (by sortapundit) (scraped on 2020-04-04_Sat_14.39h):

Quote from: celebreze32 on December 26, 2015, 11:30:04 AM
Its a new weekend and as usual the price is going down.
But this time it is moving roughly. Is there any news that caused this movement?

It's probably caused by the Chinese dumping to pay for their New Year celebrations. There was a dump before Christmas, probably a result of people dumping to pay for Christmas. Everyone needs money to buy presents, alcohol, and food. I had to dump some of my stack to pay for Christmas.

Chinese new year is around February 12th. It's just a regular work week over here in the east.