So a whale just dumped 15k Bitcoins onto exchanges, down to a price of $102
. A huge amount of new blood just entered the market. Since it was BTC that took the dump, altcoins hedged against it. I'm willing to bet this whale (*cough* FBI selling Silkroad btc) would have never touched an altcoin with his massive Bitcoin stock, but I can assure you that out of the 300+ people that just got their bid filled, many will be buying altcoins. This is a good thing obviously and we can expect a rise in purchases on Cryptsy as soon as people realize they got filled. Word of advice: Buy Mooncoin, it's dirt cheap
