You must be new here... Read up on silk road.
Been trading BTC sense 2011. Bought of silk road once or twice. Dont see the correlation. People see a trusted bitcoin site/committee member arrested along with Russia fud. they get scarred. And dump. I believe in bitcoin understand prices will return. My point only is that their is going to be a rapid sell off soon, and I dont see how anyone can think not.
and why do you think we haven't already seen the sell-off? why do you think it takes the market 6+ hours to react to the fud?
Ever heard of the word "timezones"?
yes but china is at $795, bitstamp is at $760. when china wakes up, they might sell-off to around $760 too.
No one knows how much the sell off will be. But do we all agree their will be a sell off coming soon. Only point I was getting at. And yes I bought off the silk road, I dont do drugs, and what I bought was not illegal, Im not to worried....