The market price and speculation around the price drop (December 9th 2014)

[fewcoins]

What is causing this to happen?  Seriously?  There has really been no bad news yesterday except for the fact blockchain.info got hacked NOT the blockchain itself.  I don't think this is manipulation or China going crazy.   I think people are getting out or getting out for holidays? 

There is also speculation/rumor that just came out - For every public BTC address, there is 2 to the power of 96 private keys that FIT. - True or false rumors?

Any comments/feedback appreciated.   I think we are all bears at this point.

The drop is not over... Mini drop today was shorters getting good positions in. Looks like we will stay lower than 350 soon

[promojo]

What is causing this to happen?  Seriously?  There has really been no bad news yesterday except for the fact blockchain.info got hacked NOT the blockchain itself.  I don't think this is manipulation or China going crazy.   I think people are getting out or getting out for holidays? 

There is also speculation/rumor that just came out - For every public BTC address, there is 2 to the power of 96 private keys that FIT. - True or false rumors?

Any comments/feedback appreciated.   I think we are all bears at this point.

The drop is not over... Mini drop today was shorters getting good positions in. Looks like we will stay lower than 350 soon

I think that is the case!

[mlferro]

buy = price up
sell = price down

if I'm not mistaken, this is the most important rule in economics

not fight me if I'm wrong, because I do not understand almost nothing of the matter, (I learn a little about it reading  here on the forum)

[promojo]

buy = price up
sell = price down

if I'm not mistaken, this is the most important rule in economics

not fight me if I'm wrong, because I do not understand almost nothing of the matter, (I learn a little about it reading  here on the forum)

The thing is with crypto I think that is the total opposite   With all these dips and crazy action going on we never know where she is going to head... one moment everyone is buying and then immediately selling at the top.

[leex1528]

The thing is with crypto I think that is the total opposite   With all these dips and crazy action going on we never know where she is going to head... one moment everyone is buying and then immediately selling at the top.

What dips and crazy action are you talking about?  The last month has been the most non-chaotic, crazy, stable action Bitcoin has seen in its life.