Glad you noticed that the report regarding Goldman was not real. I don't see how it could have influenced the market anyhow as the announcement to open a trading desk had no effect on the markets when it was initially announced.
I'd say it was more than likely Digix selling off. They had been allowed to sell off 200k of Ether and they did it in a stupid manner. The initial tranche caused a mini-crash that was limited to Kraken the day before. What occurred on Bitfinex were, like you said, two sales of 60k and 70k.
Guessing that trading bots of other ico holders and whales just responded to the massive trades to make a bad situation worse. Unlike the stock markets when something like this happens the exchanges are not automatically shut down after fixed percentage drops in order to calm the market.
The ico model of raising funds has to be the dumbest method ever. Because crypto, as yet, is not that easy to spend in the fiat world it means that Ether will get converted to fiat at some point in order to pay staff and investors. If a project is crashing they will also cash in. That means every ico acts as a fiat vacuum cleaner and is destructive to the crypto markets as a whole.
Every project that raised funds from an ico will be a dead weight on crypto prices until the day that crypto is readily spendable in stores.
The Silk Road mixing was probably The NSA realising their black ops budget for this year ....hehehe, kidding.
It's to your credit you didn't do a retrospective charts analysis that "showed" a crash was "inevitable". Some people, sigh.
Yep. I tend to favour the theory that Bitcoin hit a key resistance level at 7.4k, also near to the 61.8 fib retracement level and Bitcoin’s failure to breakthrough caused a sell-off, made worse by the ordinary trader believing that Goldman was more significant and trading bots/whales, as you say.