Back to 220-240?

[Brewins]

Just a panic sell because of the arrest of the Frap dude.

We will recover by midweek, and no 240 again in the near future

[BTCLovingDude]

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

[Fiat_Hodler]

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

[Mickeyb]

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

Haha, people who sold on this news are probably thinking that the CEO of Bitcoin got arrested, just like it happened few times before.

[zenitzz]

here we start price will go to $220-$240 sell it now don't  wait!! before price down than will blow your mind. sell it now wont wait price drop baby

[randy8777]

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

it depends. if they somehow manage to seize his stolen coins, then traders directly anticipate on that possibility. but then again, what's worse, him dumping his coins on the market, or his seized coins get auctioned.

[Shiver]

If they get auctioned, I doubt they would end up on an exchange market any time soon.  The winning bidder would be buying for a reason and likely playing a long game, and wouldn't want to disturb the visible market for even a minute.

If seized, then they're potentially not going to see the market either, though that is less certain as I read it.

I think if someone is planning in the 3-5+ year frame, then anything less than the previous ATH (whether real or Gox induced), is probably not a bad place to be.

[NorrisK]

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

it depends. if they somehow manage to seize his stolen coins, then traders directly anticipate on that possibility. but then again, what's worse, him dumping his coins on the market, or his seized coins get auctioned.

I guess it is more likely that those coins have already been sold long before previous ATH, either by himself or in case they were hacked by the hacker. It will have minimal influence.