I've picked up some extra BTC over the last couple of days, in my hometown there was a local seller on LBC - a chinese man. He said he had to dump all his coins within the next couple of days and offered me 45 BTC for $150k. I don't have 150k laying around, but i picked up 3 for 10k
he said his friends had hundreds of BTC if i was interested.
Is a monster dump on the way?
You really bought them or is it just a cooked up story? Where's the txid? I may agree that the recent drop might be on account of China taking an action to regulate ICOs and crypto exchanges but I don't think it's going to have bad effect on bitcoin in the long run, bitcoin will bounce back and the prices will see an upward trend reaching an ATH soon.