I woke up this morning and holy crap, bitcoin is down to $12.5K from almost $20K like last week. Is it a coordinated dump in the making? Does the adding of BCH to Coinbase overnight too much of a shocker? Was there insider knowledge where people in the same orbit of Litecoin founder Charlie Lee knew to sell for a fortune right before of the plunge of all coins this week? Will we look back in a month and be right back to what we were considering normal? So many questions. Us normal non-elites can't really be blamed for jumping to conspiracy theories. One thing is for sure, Crypto hodlers everywhere will be watching the markets like hawks!
I only mention Charlie Lee, not because I have anything against him, but because he very recently made a public post about selling off all of his Litecoin stash.
https://www.reddit.com/r/litecoin/comments/7kzw6q/litecoin_price_tweets_and_conflict_of_interest/
The details are fuzzy. $330 seems like a great time to cash out especially if you've been hodling since LTC were mere pennies; But curiously a week later BCH gets added to Coinbase (where he works) and BTC loses value by almost 50% pulling the other coins down with it. LTC goes from $330 to a recent $220. The timing is just suspicious to us who are not in the know. Just my thoughts.