Re: Public service announcement for noobs: Why the drop really happened
LOL @ TA being the primary motivator for the drop.
Yeah, a near arbitrary line was crossed so everyone just said fuck it and threw the towel in causing rates to drop $75.
IMO the stars aligned and some big fish took an opportunity to shake the market.
Yeah, a near arbitrary line was crossed so everyone just said fuck it and threw the towel in causing rates to drop $75.
IMO the stars aligned and some big fish took an opportunity to shake the market.
I agree totally, it's like "Shazam, now IS THE TIME"
But it's an important aspect of bitcoin. The volatility is strong with this currency.
No need of a true reason, just a panic sell.