People will sell off coins here at the end of the year to claim a big loss on their taxes.
i don't think that's a big factor. the IRS caps deducted capital losses at $3000 so this would only be relevant for very small fish.
But we need more than that. We need bad news. We need negative press stories. We need security flaws to be "discovered", even if they don't really exist.
all you need is for bitcoin's bear market to continue. that will guarantee more blood in the alt markets.
