Hacker News new | ask | show | jobs
Bitcoin Plunges 7% in an Hour to Under $28,000 as Mt. Gox, US Gov Wallets Move (decrypt.co)
6 points by scdlbx 1149 days ago
1 comments

sounds like pure manipulation. buy puts on Deprebit or other exchange ,release fake rumor to tank price, delete/retract rumor.
Manipulation is an inherent part of the crypto "marketplace" where exchanges serve as effective reserve banks without oversight.