Now this is what I call a Bearapocalypse.....which is made up of a series of events that seem likely to de-value BTC.
The full effect shall not be happening until all this week.I think we can pretty much preclude there won't be any major USD flowing into Gox soon and I wonder if this has anything to do with the Coinlab/Gox lawsuit that made the authorities look into this further?
I think we can obviously expect quite a bit of selling over the next few days.
Obviously? Nonsense!
Remember this....?
Government cracks down on fiat payment method?
Bitcoin user not affected.
Furthermore the world is a lot bigger than the USA.