I think most of the trading on bittrex will be traders buying up low priced waves dumped by anyone who got bounties etc.Not many buyers will dump it I think.I only wanted to use bittrex to set a few low buy orders and not sell.Maybe a lot of btc from DAO and ETH will go into waves when it lands on poloniex.Dumping at a low price will only be doing those whales a favour and you may not be able to buy them back later either.
I think most of the bounties got dumped on YOBIT. There was some decent selling pressure between 40-50k yesterday, and now there is some 70btc walls around the 60k area.
I think we could test the 60k range, but it would be more reasonable to expect a pump and settle into the low 100k area. atleast until polo gets in.
I thought yobit is only selling IOU's, I haven't heard that news yet that we can trade to them because if that is true then I am one of the dumpers who would like to throw my waves right away.
