News for hackers. Stuff that matters.
Re:Bitcoin Crashing by mmaunder on Sunday December 01, 2013 @03:31PM (#6829152)
...and funny you ask because a commenter just posted on my blog that Sheep Market Place was scammed out of $40 million in BTC which is a possible cause of all the selling:

http://www.techienews.co.uk/973470/silk-road-like-sheep-mark...

Re:Bitcoin Crashing by judk on Sunday December 01, 2013 @04:04PM (#6829325)
If this theory is true, it shows that BTC lacks book depth and the current price is just speculation on the edges, not a true price for the entire stock of BTC. (That is, if a large portion of BTC users wanted to get out of BTC, they couldn't realize the nominal market price.)