http://mansci.journal.informs.org/cgi/content/abstract/mnsc.1110.1365v1Take a gander at this above abstract.
This article concludes "This suggests that bubbles are abated when traders know that a subset of them have an edge (in information) over others." Fascinating findings, in light of the "stagnent" (SELLL!!!) or as I call, stable, bitcoin prices between 14-15$.
1 . Bitcoin robberies of "large" sums (the alleged 25k btc from an unsecured wallet)
2 . We get goxed
3. a. Panic Ensues. Knowledge is now commonplace that these magical earliest of the earliest adopters exist, and have large sums of btc.
b. Hackers exist, and know something the poor mtgox team does not about their own system. More knowledge
c. More info that the "your account isnt hacked" accounts, were indeed hacked the week previous. HMMM
d. Trade hill happens to open that week previous, and doesn't hesitate in sending emails with the leaked database, putting discounts up (that they can now cancel), and generally being shady. Compare and contrast.
4. The bitcoin bubble is popped. And stays at 14 instead of crazy fluctuations daily.
Conclusion: Everything is going better than expected. Thanks... hackers?
Help bitcoins: Place an order: Buying 100000 btc 1.0E-5 $ Total $: 1
