Reason for the decline

[kilter71]

Make sure you check out the BFL piece in the "press" section of the forum.

Bascially, BFL is being forced by the court to sell their thousands of coins, which is making the price go down.  Actually makes sense and eventually price should start going up again.  Anyone want to take up the task of seeing how many BTC BFL still has left?

[tins]

Would be good if anybody knew the wallets to find out when the coins move(d) into the exchanges.
Great time to pick up a few, on the off chance that this is the main for the decline. If so, value should rebound within a month.

[BittBurger]

Here is all the research on it.

https://www.reddit.com/r/Bitcoin/comments/2sdwf8/butterfly_labs_is_the_culprit/

-B-

[kolloh]

Interesting thought. I hadn't heard this theory yet. Gonna read up on this news and see what I think.

[TheDreadPirateDickstein]

Interesting thought. I hadn't heard this theory yet. Gonna read up on this news and see what I think.

It's a dumb theory.

BTC is in a speculative bubble like SILVER was in 2011. That is the issue. The prophet has spoken. Allah u Akbar.

[rivvs]

the price is going down because cryptodouble is selling all the bitcoin he stolen.

[Jammalan the Prophet]

it's the klingonians who sold their stashed troll eggs for rabbit silk underwear now cashing out

[tokeweed]

or it could be the goxxed 800k bitcoins being dumped.

[miztaziggy]

How can this be right?

See the BFL website, they're apparently up and running again. The court order 23rd Dec put an end to the 'winddown' and let them resume their business, hence I would expect them NOT to be selling all those coins??