THE market is declining or the price of bitcoin is driven down by excessive sales by Kobayashi, the Mt Gox trustee? Trading bots will ensure that alts will march in tandem with bitcoin. Another $1.9 billion to go before Kobayashi is done. Unless these bulk disposals are being bought by entities with deep pockets cryptos are going down further. Depending on who's doing the buying, power to move the price will then continue to be vested in the hands of the few. 'The community' should be out there and buying but the small time profiteers and speculators are more interested in running for the hills.
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