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Author Topic: sudden drop in bitcoin value?  (Read 5762 times)
curiousone (OP)
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August 19, 2012, 08:43:17 PM
 #1

Hello.  I am sure this has been covered in a different topic, feel free to link me to the appropriate thread.. I have tried finding it.

Why has it suddenly dropped so quickly over the past few days?

Thanks
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gnpeer
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August 19, 2012, 08:54:48 PM
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End of pirate40's  Bitcoin Savings and Trust fund.

Edit: https://bitcointalk.org/index.php?topic=101748.0;topicseen

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curiousone (OP)
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August 19, 2012, 09:23:35 PM
 #3

thanks.
Xtal
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August 19, 2012, 10:32:41 PM
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It wasn't "official" that hes stopping right? Meaning he didnt say it on this forum. I'm not saying he isnt closing up shop, just wondering if all we have to go by is the IRC chat text people have been sourcing to.
Wouldn't it be great if he just did some rumor mongering to force the price down just to buy back lol. people preemptively sell because they suspect pirates clients will sell after the depositors get their money back. I can go on for hours completely unsubstantiated WOOT
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August 19, 2012, 10:56:33 PM
 #5

It was official.

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mobodick
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August 19, 2012, 11:24:07 PM
 #6

Hello.  I am sure this has been covered in a different topic, feel free to link me to the appropriate thread.. I have tried finding it.

Why has it suddenly dropped so quickly over the past few days?

Thanks

Dragons attacked MtGox this morning.
Half the bitcoin got burned up before they could stop the fire.
BlackBison
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August 19, 2012, 11:27:00 PM
 #7

Hello.  I am sure this has been covered in a different topic, feel free to link me to the appropriate thread.. I have tried finding it.

Why has it suddenly dropped so quickly over the past few days?

Thanks

Dragons attacked MtGox this morning.
Half the bitcoin got burned up before they could stop the fire.


wouldn't that cause a huge rally in the price?  Roll Eyes

mobodick
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August 19, 2012, 11:35:16 PM
 #8

Hello.  I am sure this has been covered in a different topic, feel free to link me to the appropriate thread.. I have tried finding it.

Why has it suddenly dropped so quickly over the past few days?

Thanks

Dragons attacked MtGox this morning.
Half the bitcoin got burned up before they could stop the fire.


wouldn't that cause a huge rally in the price?  Roll Eyes
Sigh, no, Roll Eyes , dragons are intrinsically inflationary. Duuh..
gnpeer
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August 19, 2012, 11:35:33 PM
 #9

it was magic fire

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Synaesthesia
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August 20, 2012, 11:31:52 AM
 #10

sudden drop in bitcoin value price?

FTFY

According to Oscar Wilde, a cynic = a man who knows the price of everything and the value of nothing.

Value is prone to subjectivity. Price is a slice in time of perceived value. Lets not split hairs here, it's pedantry. Of course the OP referred to the dramatic recent drop in BTC price.
Oinsane1
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August 22, 2012, 05:21:57 AM
 #11

uncertainty breeds fear

fear lowers prices

breeds uncertainty
Strider Hiryu
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August 22, 2012, 08:38:39 AM
 #12

http://www.cryptomundo.com/wp-content/uploads/Lemmings.jpg
crazyates
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August 22, 2012, 08:03:26 PM
 #13




Love Far Side.

Tips? 1crazy8pMqgwJ7tX7ZPZmyPwFbc6xZKM9
Previous Trade History - Sale Thread
sunnankar
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August 23, 2012, 01:56:13 AM
 #14

it was magic fire

You know, it takes magic fire to destroy magic Internet moniez.

totaleclipseofthebank
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August 23, 2012, 01:58:34 AM
 #15

They can only be destroyed in the binary fires of ARPANET from whence they came

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BrannigansLaw
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August 26, 2012, 07:09:10 PM
 #16

They can only be destroyed in the binary fires of ARPANET from whence they came

Kebert Xela
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August 26, 2012, 09:45:09 PM
 #17

Hello.  I am sure this has been covered in a different topic, feel free to link me to the appropriate thread.. I have tried finding it.

Why has it suddenly dropped so quickly over the past few days?

Thanks
Value is abstract.  If anyone actually knew this they'd be a fool to tell you.

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