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/biz/ - Business & Finance

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10637843 No.10637843 [Reply] [Original]

Most of the 138K BTC/BCH will get sold when they get distributed.
The market already expects that.
Any smart investor would wait on the sidelines untill these coins are sold off and then buy back in.
Enjoy your slow bleed over the next couple of months.

>> No.10637861

What if... What if those BTC move into alts?

>> No.10637869

Why would they sell at ATL?

>> No.10637907

>>10637869
>Why would they sell at ATL?

do you even know what all time low means

>> No.10637930

>>10637869
They don't care. It's still free millions at 6k

>> No.10637952

>>10637869

Prisoner Dilemma

You should sell since if only a small percentage sell you will lose everything.

Its better to take a small profit, than none at all.

>> No.10638172
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10638172

>>10637869
Pretty sure the ATL was back at 8 cents, hombre

>> No.10638252

>>10637869
Because a lot of that money has been locked up a long time, and people have bills to pay. A lot of them may have bought before the mania last year, and can still profit. Because getting burned this badly, they want to get out of the crypto market.

They're not all desperate nolambos like you are.

>> No.10638374

More than 50k got dumped in the last few days. You're overestimating the impact of 140k btc.
And no, bitcoin didn't crash from ath to 6k because of mtgox alone. You had hedge funds dumping way more bitcoin than that, the korean gov pretty much ending their bubble and ICOs dumping.

Plus, by the time those funds are released, we'll have an etf. The claims also include the fiat from previous sales which it makes it less likely that an individual dumps his bitcoin.