Quote from: rpietila on January 14, 2015, 08:26:06 AM

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About 0.2% of the bitcoin existing is dumped in the exchanges, making the price go down. The magnitude of the move is such that in my opinion, the most feasible scenario is that a large OTC deal has been pegged to the future price in the exchanges, and the buyer (having lots of BTC already), has an incentive to cause the price to go down by outright sales, and also strategic dumping with the exception to buy back lower.
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The most feasible scenario is that people are starting to realize that a 7 TPS internet funny money pushed by scammers has zero chances of going global, which is what is necessary to sustain this price: the belief that that it will compete with the big boys ($, , etc) some day.