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189 points aorloff | 1 comments | | HN request time: 0.281s | source
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paulpauper ◴[] No.44467682[source]
Price is dumping today, i wonder how much of a role this is playing. those coins will be hitting an exchange likely. This has always been the problem with bitcoin.. the implicit assumption is that many coins are lost , but if the early adopters start cashing out, prices will fall fast. Institutional buying and retail is still small relative to the early adopters. There are many people , miners who are quietly siting on huge fortunes.
replies(1): >>44468049 #
1. Scoundreller ◴[] No.44468049[source]
And it’s a major US holiday, whatever that indicates.