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General Discussion / Re: Bitshares price discussion
« on: January 26, 2016, 03:27:04 pm »*spitting out my coffee*
Why?
*sips coffee*
*nods happily*
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*spitting out my coffee*
Why?
So there was a hangout today.
Did you listen?
The idea that margin trading contributed to the severity of the drop seems reasonable to me also, given the drop mainly seemed to happen on poloniex and not the chinese exchanges.Yes there is a smaller drop on Yunbi.
Since Btc38 temporarily suspended withdraw/deposit due to the urgent fix or some other reason, there is a much smaller drop.
I thought whales knew better and would never dump like this if they wanted max profits, was this an action to put pressure on CNX? or it was just a need for cash because of the chinese stock market?
If I remember corectly, in the past, bts price had a decline in price when there was a rise in chinese stocks and also another decline afterwards when the stocks droped/crushed.
lol, get rekt.
Well done whoever got that done
http://www.zerohedge.com/sponsored-content?mvi=70f1195ab974462181a3ae68bb1dbc9b
well done to whoever got this done too!
But there has to be an end date so that bts share holders can make money from it in the future.