Bitfinex (Bitstamp) now @ $103.50 and people are still leveraged long up to their ears.
Good luck unloading.
Does what your getting at rhyme with Brash but sort of have the opposite outcome?
Me? NooOOOOOooo, I would never...
I've been asking all day to see who's leaving MtGox, as many people are saying is happening...
I've got a single answer (with limited BTCs).
My guess is everyone bought thinking the price would go up
and now they are all looking at each other thinking "Oh... It didn't happen... Uh oh..."
Also, Bitifinex isn't very liquid. With more than 2k BTC leveraged long, that could take a long time to sell.