The dragon slayer things is interesting, and i'm not saying it isn't possible, but here is the problem I have with it. on Sept 2nd we hit a all time high of just over $4,900 after nearly a 6 month with an average daily volume of $300million to over $3billion. Then we saw a 14 day correction down to below $3,000 that averaged over $2billion in volume a day. If my math is correct this means nearly 15 million bitcoins changed hands (although several of these were the same bitcoin) if my math is correct. For the dragon slayer to happen it would take such a large bitcoin sell off it almost sounds like FUD.

If this sell off were to happen I think there would be such a large influx of private hedge fund money that is just waiting for a good buy level. All the hedge fund managers are looking to buy in since the CME is about to start trading bitcoin futures and they want to beat the institutional money that is entering the market in mid-December.

So even if they sell off, the CME entering in is going to increase the price and stabilize the price. The CME will probably end the 5%-10% single day changes in price.

That is my thoughts on it.