I honestly don't think the Bitcoin market is sophisticated enough to react to events like this. Certainly, if the feds really want to sell and someone puts $0.01 on the order books for that size of a trade, and nobody else is around, it could be filled, but I don't see that happening.
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I honestly don't think the Bitcoin market is sophisticated enough to react to events like this. Certainly, if the feds really want to sell and someone puts $0.01 on the order books for that size of a trade, and nobody else is around, it could be filled, but I don't see that happening.
It wouldn't be unprecedented. I believe that mass sells have caused price crashes numerous times in the past.
Perhaps I misunderstood you?
Sort of. To me, it looks indistinguishable from randomness with /r/bitcoin trying to explain the randomness with news stories. But maybe I'm wrong.
quannabe: It looks as though your account has been hellbanned.