Bitcoin Forum

Economy => Economics => Topic started by: kiwiasian on August 03, 2011, 02:00:05 AM



Title: What the hell
Post by: kiwiasian on August 03, 2011, 02:00:05 AM
I come back and the price per bitcoin is $11.8? What just happened


Title: Re: What the hell
Post by: jagminer2 on August 03, 2011, 02:11:05 AM
My feelings exactly

 


Title: Re: What the hell
Post by: johnyj on August 03, 2011, 02:14:16 AM
Flash crash  ::) When the crisis come, people still want USD  :)


Title: Re: What the hell
Post by: GeniuSxBoY on August 03, 2011, 02:39:57 AM
Nothing to see here. Just the mybitcoin and polish bitcoins being released into the market place.


Value should go up again soon :)


Title: Re: What the hell
Post by: FlipPro on August 03, 2011, 02:56:05 AM
Well I made this https://bitcointalk.org/index.php?topic=33886.0 to hopefully remedy some of the insanity. I truly hope the people who stole the Bitcoins get whats coming to them... Karma is a bitch in this life and the next. And no matter how you slice it what they did was STEALING and nothing more.


Title: Re: What the hell
Post by: Cluster2k on August 03, 2011, 03:21:04 AM
Nothing to see here. Just the mybitcoin and polish bitcoins being released into the market place.

Probably.  We just don't know.  The Dow Jones index fell over 2% yesterday and erased all 2011 gains.  Many people are wary of a new recession in the USA.  All these bearish factors must weigh on bitcoin's value, especially for people who have bitcoins but need to pay bills and loans in real world currencies.

If stolen Mybitcoin and Bitomat bitcoins are being sold off en masse right now, buyers are doing the thief a favour by buying up his or her stash.