Bitcoin down 60% to $100

jvm wrote: post #4

teovall wrote: post #2

What are you talking about? $150 ≠ $100

The price is flailing wildly due to the DDOS against Mt Gox. They talk about it here: https://mtgox.com/press_release_20130404.html ...but as mikebo pointed out that link is from an older incident.

That press release is from 6 days ago

Re: Bitcoin down 60% to $100

#7

Post by waterlesscloud » Wed, Apr 10, 2013, 6:56 PM UTC

teovall wrote: post #2

What are you talking about? $150 ≠ $100

When you have no order book depth, the price might as well be random.

Re: Bitcoin down 60% to $100

#8

Post by kronholm » Wed, Apr 10, 2013, 6:58 PM UTC

kdecherf wrote: post #5

teovall wrote: post #2

What are you talking about? $150 ≠ $100

There is a significant change at this time (it was at $80 20 minutes ago)

Where do you get those valuations? Every site I know of is down.

Re: Bitcoin down 60% to $100

#9

Post by waffenklang » Wed, Apr 10, 2013, 6:58 PM UTC

Simple cash-in on profits

Re: Bitcoin down 60% to $100

#10

Post by georgemcbay » Wed, Apr 10, 2013, 6:58 PM UTC

Tell me again why any sane person would accept bitcoin as a currency for goods?