This was somewhat unexpected, I had some shopping plans coming up soon. I guess I'll have to hold onto my Bitcoin.
That aside, this is the direct result of the hard fork (which is unnecessary anyways) propaganda from Ver & Jihan. Not long ago, the SEC decision was a really big event. Tens of thousands of people were waiting for it that day. The negative decision was corrected (price vise) in a matter of days. The price may get even messier, but hopefully $900 holds as some sort of *bottom*. However, keep in mind the following:
Segwit is going to activate, because the economy & supermajority of users are in support of it. Read the BIP 148 UASF Segwit: https://github.com/bitcoin/bips/blob/master/bip-0148.mediawiki
That aside, this is the direct result of the hard fork (which is unnecessary anyways) propaganda from Ver & Jihan. Not long ago, the SEC decision was a really big event. Tens of thousands of people were waiting for it that day. The negative decision was corrected (price vise) in a matter of days. The price may get even messier, but hopefully $900 holds as some sort of *bottom*. However, keep in mind the following:
Segwit is going to activate, because the economy & supermajority of users are in support of it. Read the BIP 148 UASF Segwit: https://github.com/bitcoin/bips/blob/master/bip-0148.mediawiki
It takes two to tango, doesn't it?
To the degree people are choosing alts over BTC, Ver & Jihan can hardly be held accountable. Core has dropped the ball. Can they pick it up? That would require a schism (another one) in Core. UASF is almost as divisive as BU. And without leadership...
Anyhew, the current dump is technical. BTC has been running on fumes since the etf deision.
This does not really need miners, especially not 95% as the BIP9 activation does. It sets a flag day. When this day is reached, anyone running this BIP (Bitfury is already testing it) is producing Segwit blocks and this is compatible with all >0.13.1 nodes.
just bought 10 more 
