BitUsher
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June 23, 2016, 04:18:53 AM

I don't see how the shorters can profit much from this. They have to buy back in, to close their positions, and there are not too many coins for sale.

It's not just shorters doing this, this is about destroying bitcoin's credibility .... and scaring the sheeple away.

Could possibility be a "volatility attack" from Ethereum community, banks, trolls(would have to be multi millionares now ) or states. They can pull these stunts for a 4-5 more years , but it will get harder with each passing year. It does temporarily ruin whitemarket purchasing utility UX which is bad. Luckily for us we have seen worse days and have thick skin to whether this with ease. Enjoy the rollercoaster.