DislikedAnyone know what's causing all this volume & fluctuation this time.?? {image}Ignored
I don't see any reason, besides the market it self. Even MtGox shutting down had pretty much no extra downside. I still don't think news have much impact on BTC prices, even when it directly involves coin (c.f. SR, sheepmarketscam, BTCchina). But i'm also pretty stubborn with this idea The only event I see responsible is overgrow of 1000$ in december, and 1000's of coin being bought by large holder over the actual PA.
I don't know if you'd agree, but since BTC -unlike other forex pairs- can also be use daily and bought for other purpose than being traded, I believe news are only an indicator not the why.