So, I thought the bitcoin's volatility attribute was being checked by the SEC and other world financial bodies, if so, why the sharp price fall that just happened in about an hour ago?
maybe some investor who hold large amount of number want to profit taking or want to shake the crypto market by dumping volume of bitcoin to create panic selling for others. or are we expecting negative news coming? that is why advance thinkers or insiders are dumping bitcoin.
Doesn't mt Gox still hold a lot of bitcoins? They may be the ones dumping or it may be a planned dump by a bunch of whales so they can make a lot of money taking out shorts.