News for hackers. Stuff that matters.
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan... by Houshalter on Wednesday December 18, 2013 @01:24PM (#6929424)
In other news the United States Dollar has almost doubled in value in a single day: http://www.coinion.com/2013/12/07/united-states-dollar-almos...
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan... by maratd on Wednesday December 18, 2013 @01:39PM (#6929559)
Ha! The story is of course a jest, but there's no reason why you can't look at it that way. A cup is either half empty or half full.
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan... by jbooth on Wednesday December 18, 2013 @01:46PM (#6929616)
There are as many reasons as there are other things in the world besides bitcoin why you can't look at it that way.

$/yuan, $/euro, $/big mac, $/potted plants, $/dinner at applebees...

Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan... by Houshalter on Wednesday December 18, 2013 @08:35PM (#6932334)
No, it's just that those things also doubled in value.
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan... by jbooth on Thursday December 19, 2013 @10:00AM (#6934966)
Touche, sir
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan... by batbomb on Wednesday December 18, 2013 @01:40PM (#6929571)
> A cup is either half empty or two cups.

Fixed

Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan... by azmenthe on Wednesday December 18, 2013 @02:03PM (#6929741)
That's not really true per se. That's the chart of USD/BTC so the inverse of BTC/USD which has dropped significantly in the past few days so of course the inverse has shown an increase.

For a more accurate picture of the dollar I track the UUP ETF which pegs it's value to the dollars exchange rate over a basket of currencies. (Which btw has been on a steady downtrend in the past 6 months, definitely not doubling everyday)

[1]: http://www.invescopowershares.com/products/overview.aspx?tic...

Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan... by adamnemecek on Wednesday December 18, 2013 @02:15PM (#6929850)
You did read the url right? It's satire.
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan... by azmenthe on Wednesday December 18, 2013 @02:39PM (#6930050)
Andddd... whoops.