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Topic: Why is there a sell off again ? - page 2. (Read 2852 times)

legendary
Activity: 1960
Merit: 1062
One coin to rule them all
December 11, 2013, 07:33:44 AM
#6
I really hope that JP is not successful in their stunt.
Normal practices is that "designs" that is already implemented cannot be pattent - but you never know with such a big player as JP, they have a army of lawyers and political influence.
Bitcoin will without doubt survive no matter the outcome, the question is if it can go mainstream with a pattent like that pending.

Edit: I do not know any details about JP patent, however I have just heard that the pattent might have been formulated before the time of BTC. Anyway, it could be good news for the cryptocurrency if JP wants a piece of the cake, time will tell.
hero member
Activity: 826
Merit: 508
December 11, 2013, 07:29:31 AM
#5
Anyone know what is causing the sell off again ?

just whales  bringing down the price so they could buy more coins .
Just like they pushed the price up to buy more dollars. Smiley
newbie
Activity: 13
Merit: 0
December 11, 2013, 07:28:11 AM
#4
Due to the recent JPMorgan news there has been a lot of panic selling

http://latestbtc.com/bitcoin-price-dropping/
hero member
Activity: 826
Merit: 500
Crypto Somnium
December 11, 2013, 07:27:59 AM
#3
Anyone know what is causing the sell off again ?

Dont need a reason for every drop in price, its a free market its up to the market on what the price does.

weak hands more of a bearish market atm.

I wont worry too much, just look at it as cheap coins  Wink
hero member
Activity: 770
Merit: 500
December 11, 2013, 07:27:12 AM
#2
Anyone know what is causing the sell off again ?

just whales  bringing down the price so they could buy more coins .
full member
Activity: 263
Merit: 101
December 11, 2013, 07:21:40 AM
#1
Anyone know what is causing the sell off again ?
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