There’s probably still lots of highly leveraged traders in the bitcoin and crypto markets. The Whales dump their coins in order to liquidate as many as possible.
Yes, that will always happen, but I think this also has to do with the MT.gox case as it says in the article, we will see what happens in the next few days.
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Fred thinks it’s a massive buying opportunity. He’s probably right imo.
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I just bought, I had to... hahaha
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