People need to understand that the amount of bitcoins sold from Mt. Gox trustee itself couldn't move the market that much (when you compare it to daily volume). It's only their PERCEPTION of the Mt. Gox thing that causes them all to sell.
But really, what it all comes down to? Market cycles and herd mentality. Understand these two, leverage them, and you'll be set.
That's right. But....source
Great eyes are in fear.
Too much malicious information in the air.
People are confused.
Most people still do not believe in blockchain and send such vibrations ( bad )around.
Those who have purchased some crypto simply are afraid for their investment.