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Author Topic: Yesterdays (20.2) price fall  (Read 760 times)
ljudotina
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February 21, 2014, 09:14:53 AM
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Untill yesterday, every time BTC would fall in price i knew that it will happen or if i didint know in advance i knew why is it happeining. Yesterdays 100$ per BTC fall is in total dark for me. Is it just someone with alot of BTC cashing out (that we really can't know), or  is there any other reason behind it?

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February 21, 2014, 09:27:42 AM
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https://www.mtgox.com/img/pdf/20140220-Announcement.pdf

Mt. Gox announced that they were compromised, and that they were in the middle of relocating, which would push things back even further, and some other stuff.
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February 21, 2014, 09:41:17 AM
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It amazes me how mtgox is still able to impact BTC price...even with suck stupid announcement.

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February 21, 2014, 10:30:39 AM
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which is why it is likely overdone and maybe a buying opportunity

I bought in small earlier today

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