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> BTC crashed primarily because the market suddenly got flooded by Bitcoinbillionaire From the Ars Technica link: > At the moment, no evidence links the curre
by tommorris 14y ago
> BTC crashed primarily because the market suddenly got flooded by Bitcoinbillionaire
From the Ars Technica link:
> At the moment, no evidence links the currency's plunge with this random reddit charity.
I'm going with Ars on this. $12,000 to 12 people on Reddit isn't enough to bring the market tumbling down.
- lwat 14y agoBitcoinbillionaire supposedly had waaaay more than $12k in Bitcoins. That was just the bitcoins he gave away for nothing. He supposedly had millions worth, if he sold a large chunk of that he could easily crash the price all on his own.