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RE: Mt Gox Trustee Sales + Bitcoin Misery Index Provide Some Hope Of BTC Price Bottom

in #bitcoin7 years ago

trying to look for some other reason for the drop

The legal woes of BCC may factor into this decline. Until the lawsuits are settled, and investors learn how hard the SEC comes down on the exchange, I expect FUD will cause a continued decline in value. Most named in the lawsuits are holding millions in BTC, and most likely will be forced to sell IF served with hefty 'restitution' fines. Of course, this is jmho.

Peace.

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Thank you ! You mentioned some interesting points ! :)