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Bitcoin Forum > Economy > Economics > Speculation > Looks like dumping is over ? so 60-80 range will hold
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evoorhees
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April 12, 2013, 08:12:49 PM
 #21
Quote from: Luckybit on April 12, 2013, 05:40:31 PM

Basically Bitcoin is under direct attack. It wasn't a natural correction or bubble, it was produced entirely by hackers.

No.  There was a speculative bubble, and it popped. It's okay. Expect many of them.
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April 12, 2013, 08:25:41 PM
 #22
Yeah, saying "it was produced entirely by hackers" is not even a stretch, it's an outright lie.

DDoSers contributed, panic sellers contributed, exchange infrastructure failure contributed, a couple big sell-offs contributed, I could list dozens of things that contributed.

No one-to-one-causation here.
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