Hey guys! Thank you for all the great input!
Had to work today for my moneys so didn't have much time to post :p
Market is still heading south.
Very difficult to tell where it is going. $10 Billion drop in market cap in about an hour and a half. Volume is $22 million so it has dropped quite a bit.
Are we seeing a lack of liquidity come into play?
Did you guys see anything in the news? I know there were a couple conferences wrapping up this week in New York City - also one thing to note is that the Mt. Gox trustee moved some coins from cold storage so could we be seeing others selling off inventory expecting sells this weekend?
The ticker got longer by another centimeter from the time I started typing this post
Had to work today for my moneys so didn't have much time to post :p
Market is still heading south.
Very difficult to tell where it is going. $10 Billion drop in market cap in about an hour and a half. Volume is $22 million so it has dropped quite a bit.
Are we seeing a lack of liquidity come into play?
Did you guys see anything in the news? I know there were a couple conferences wrapping up this week in New York City - also one thing to note is that the Mt. Gox trustee moved some coins from cold storage so could we be seeing others selling off inventory expecting sells this weekend?
The ticker got longer by another centimeter from the time I started typing this post