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    TTM
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    May 07, 2014, 04:10:22 PM
     #1121


    So yes, price will be up and down the next few days, then probably takes off Saturday/Sunday.


    No one is mentioning that there is 190 million coins mined yet only 4 million for sale on Polo and can't be too much more on bittrex. I think miners are actually holding and not mass dumping which is a good sign they are speculating...

    how do you know only 4 million was sold ?

    assumed 200BTC average volume each day, there must be ~150 million SHIBE being traded each day. I know some amount of coins can be traded many times, but i'm sure the amount that sold is no where low as 4 million.

    i have same thought as you, that we shouldn't be too optimistic about halving or end of PoW. Many miners think the same and they're holding to dump later.
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