Is the recent fall partly due to coinbase CEO plan to push through XT contentious fork and change leadership team of reference client?
Certainly we had a previous fall from 280 -> 220 right after XT was announced. There was no doubt then.
Its more ambiguous now because the fall was preceded by a very quick run up. Yet It occurred immediately when the story about Coinbase trying to push contentious fork started spreading, and a raise in threads and discussion about XT. The fall was very rapid.
It seems that the potential progress with XT is badly judged by market.
LOL are you that stupid?
This is how stupid some of the antiXT idiots can be.
Here is the hint, 44,000 btc was auctioned recently. The number of registers are much lower than expect. Its more reasonable to say, the btc was auctioned at much lower price than the exchange rate.
I don't think referring to me as stupid or using such poisonous language is productive.
I have read XT people here complaining about ad hominems yet you just used ad hominems against me, but that does not matter.
What I find disgraceful is that:
... The first and most poisonous ad hominems were by the XT supporters against many of the core developers and supporters, who have contributed so much to Bitcoin (before it even existed!), privacy and decentralisation. They done this often for no or little financial reward. They deserve some courtesy and respect, (as does Gavin).
Anyway I don't find what you say convincing at all for many reasons, I wont go into all of them. The auction occurred after crash. The auction was known before and should have been priced in. The price is not known. The price is itself a reflection of sentiment and value that would be impacted by XT fork possibility.
Pointing out a pattern of pro-XT news leading to price crashes is relevant. Sorry if you dont like hearing it, you dont have to call me stupid.