Ziya

Nobody is buying or sleling anything the last couple of hours. The volume of buy orders on MtGox had been decreasing, until it suddenly halved this night. Other exchanges were affected, but not immediately.Right now we have people insisting on sleling high, but at the same time there are very few buyers, who insist on buying low. Also, the Liberty Reserve website has been down for days now and this is making trade difficult. The sell-off was probably by people who felt cut-off and wanted to get out of the market immediately, for fear of losing their money perhaps.