Post
Topic
Board Speculation
Re: BTC crashing, under $200 and falling fast.
by
turvarya
on 14/01/2015, 08:26:32 UTC
Never seen that anywhere, anytime. Crashing so quickly!

Does anyone know of something that could explain this apart from pure panic?

I found this: https://www.cryptocoinsnews.com/russia-blocked-several-bitcoin-sites-preperation-russian-bitcoin-ban/

But that is clearly not scary enough for such a crash...

It is really hard to tell.
I heard sometimes, 2015 will be the year, the US-government will try to destroy Bitcoin. Maybe it is that.
There was the explanation that, it goes down, in December because people are selling BTC to buy gifts, but that is over now.
The explanation that still makes the most sense for me is: There are some speculators, who make a lot of money with a falling price and it is their doing.