Re:Bitcoin Exchanges Under ‘Massive and Concerted Attack’
by maaku on Tuesday February 11, 2014 @06:21PM
(#7221296)
You know that it was up above 800 before this started on last Friday, right?
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Re:Bitcoin Exchanges Under ‘Massive and Concerted Attack’
by MartinCron on Tuesday February 11, 2014 @06:33PM
(#7221370)
Given all of the historic volatility, a drop from 800 to 600 must not feel abnormal to bitcoin investors. It could have been much, much worse, I guess?
Re:Bitcoin Exchanges Under ‘Massive and Concerted Attack’
by maaku on Tuesday February 11, 2014 @06:35PM
(#7221383)
By my rough back-of-the-envelope calculation, something like $50 million dollars changed hands on Monday based on unsubstantiated fear, uncertainty, doubt, and outright lies. Volatility is one thing, market manipulation is another.