Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adamstgBit
on 13/02/2014, 19:37:06 UTC
Missed this mornings activities - what's the reason for the drop this morning?

just another wave of panic, the FUD buildup is high.

also i think poeple are expecting GOX to soon turn on BTC withdrawals, this would mean a lot of poeple got BTC at a bargain price on GOX and would probably be looking to sell for a quick profit on other exchanges, the market sees this coming and is preemptively dumping.