Well looks like the dumping is in full effect already and Bitcoin hasn't even made a big swing yet, this could get ugly. If Bitcoin shoots up to 10 or 11k I think GEO is going to struggle to hold 20k satoshi.
3-4btc volume crashed the price by more than 10%. We are dealing with some peanut traders here and soon should have them off board
Agreed, only reason the price can drop so quickly is because the the order book is so thin. Which probably means If there is big news for GEO at some point people will struggle to buy and the price will rise quickly which will be great for those already holding GEO. The next time this happens I hope to see a new floor above 50k.