I think a little bit of manipulation did take place during the drop. I saw quite a few well crafted SELL!SELL! posts across various forums. By well crafted, I

I think a little bit of manipulation did take place during the drop. I saw quite a few well crafted SELL!SELL! posts across various forums. By well crafted, I mean, they were not obvious, they were designed to provoke response and negative discussion. Some of those posts might have been genuine, some might have been work of pranksters (some pranksters were public in their desire to make fun of bitcoin market), and some might have been speculators hoping to buy in. Not that it was much different from the BUY!BUY! manipulation in the runup previously. Finally, most of the drop might have been just from someone cashing in their big position.