No pump before the Sweden's Nasdaq addition of BTC
Damn, i wouldn't wanna be a leveraged bull right now. It's comin'...
meaningless pic
Who cares about some tiny exchange in a tiny country? Only ETF and stock markets collapse may create another bubble for btc but before that USMS has 40k btc waiting to be sold before the end of june as they promised, so sub 200$ is coming pretty soon.Damn, i wouldn't wanna be a leveraged bull right now. It's comin'...
meaningless pic
Indeed, Sweden ETN (KNCminer) is same as the DigitalBTC (Australian bitcoin mining company Digital CC Limited) trading in Australian Securities Exchange, they are all just penny stocks like GBTC trying to dump as more ways as possible to cut losses, read this:
DigitalBTC Stock Falls to 20-Month Low as Bitcoin Price Plunge Hurting Earnings
http://www.financemagnates.com/cryptocurrency/news/digitalbtc-stock-falls-to-20-month-low-as-bitcoin-price-plunge-hurting-earnings/
DigitalBTC Selloff Prompts Questions from Australian Securities Exchange
https://www.coindesk.com/digitalbtc-selloff-prompts-questions-australian-stock-exchange/
Sub 200$ it is. Beside USMS 40k and AU government 24.5k, don't forget there are also millions of bitcoins stolen from Mtgox,Evolution dark market,firedcat ASICMINER & AMHASH, everyday IPOs etc are all waiting to sell. So may be sub 100$?