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For anyone that has been around BTC for long enough, this is expected, but also expect more rallies and more crashes.

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1 comments

Why was this expected? Care to explain to someone who isn't around BTC?

There's a lot of pump and dumps [1] with bitcoin and other cryptocurrencies.

[1] https://www.cryptocoinsnews.com/wp-content/uploads/2014/07/P...

There is no evidence of a pump currently happening. This is not a pump and dump.

Right - they asked about Bitcoin in general which is rife with pump and dumps.

The bubble right now is mostly a response to the MMM buzz.