Watch What Happens When Someone Dumps Tens Of Thousands Of Bitcoin At Below-Market Rates
October 06, 2014 at 14:47 PM EDT
Recently, an individual or group put an estimated 30,000 bitcoin onto the market at a price of $300 per coin. It isn’t clear who was behind the sale, or what their motives were, but the sale meant millions of dollars in revenue for whomever pulled the trigger. Given the number of coins that were made available at the $300 mark, then below the market price, it took quite some time for… Read More