Is there any obvious reason as to why BTC are crashing atm?
Trendlines.
There was hope we might stay above the shiny line. Then it died.
We got some dark times ahead of us.
most post-bubble bagholders would sell as soon as they can break even if they could to get out of this mess
That's actually one of the bigger issues of the near future.
I got another Bitcoin game:
Guess which exchange promised to reopen in 48hrs and didn't.
You have three guesses, Bitcoiners!
http://i62.tinypic.com/rlmb9s.jpgMake sure you all take 1 each day
^The way to go
most post-bubble bagholders would sell as soon as they can break even if they could to get out of this mess
That's actually one of the bigger issues of the near future.
That's not even a problem.
Let them sell. Others will buy.
I don't see a problem. People are selling Bitcoin every day.
People are buying Bitcoin every day.
People are dumping Bitcoins every day.
And it will be like this till the end of the Bitcoin/World.
Well those who would dump them are those would are not actually using the
BTC but rather holding them to make profit and therefore don't really help btc grow.