There is still a significant supply overhang ahead of us in Q4.
• US Gov. Silk Road #bitcoin • Mt. Gox $BTC • FTX~$500m of major caps • Many alts hitting their mid supply curve $DYDX, $APT etc.
Given demand has dried up, this excess supply could have a considerable effect.
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There is still a significant supply overhang ahead of us in Q4.
• US Gov. Silk Road #bitcoin
• Mt. Gox $BTC
• FTX~$500m of major caps
• Many alts hitting their mid supply curve $DYDX, $APT etc.
Given demand has dried up, this excess supply could have a considerable effect.