and we saw the market go down $70 per bitcoin within hours of this news coming out.
Question is- how much more so will the market react once they auction of Ross U's coins (I believe there are a little over 140,000 being held).
I'd hate for it to go down 5 times that much...but would jump at the buying opportunity.
Well the price will probably only stay dampened until the auction is passed
Then depending on who bought those Bitcoins the market could react very positively
Or neutrally on the sentiment.