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A comment on Bitcoin Hits $1 Billion. Parent comment

Re:Bitcoin Hits $1 Billion by gyom on Friday March 29, 2013 @03:11PM (#5462461)
And maybe the 5k seller wasn't even trying to game the system. He/she just wanted to get out.

Imagine a hedge fund with an order of magnitude more monetary mass trying to provoke those kind of sell offs and benefit from them.

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Re:Bitcoin Hits $1 Billion by cadetzero on Friday March 29, 2013 @04:56PM (#5462999)
It totally stands within reason that until it has wide spread adoption and regular people stop caring about what the exact exchange rate is that we will see large runs like that. As I stated, we have several people (myself included) invested to make money and take care of an investment, not to use a daily currency.
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Re:Bitcoin Hits $1 Billion by Helianthus on Friday March 29, 2013 @08:02PM (#5463721)
...this is exactly why it will fail.
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Re:Bitcoin Hits $1 Billion by mrb on Saturday March 30, 2013 @01:00AM (#5464474)
No. There were already massive amounts of people exiting the market in 2011 (price went down from $30 to $2 in 6 months) yet Bitcoin did not fail.
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