Someone look at my postáyesterday and tell me I wasn’t right on the fucking money with where in the bubble we were.
Someone decides they want to be an internet million, sells off 135k of bitcoins, becoming a millionaire off the backs of broke nerds.
What happens when you place a sell order that large in a market that volitile? It drops like a fucking rock.
Woah, nelly. And it seems to be dropping and dropping more and more every minute.
The currency of the future!
BTW Mt. Gox stands for “Magic the Gathering online exchange”. That is the larget bitcoin marketplace, a discarded MtG site.