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RE: Bitcoin plunges below $2000, what's going on?

I'm not expert on bitcoin: I was concerned when I saw the price shoot up though in the past. Red flags that big banks were playing the market jumped out. Now that's not a bad thing unless there are not laws in place about dumping it. (I don't know if there are laws like that for bitcoin) if there isn't though i could see these bank doing a lot of damage to bitcoin confidence.