Costia (OP)
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January 22, 2012, 08:59:49 PM |
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Were there any special event that made BTC climb and fall so fast?
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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nmat
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January 22, 2012, 09:03:18 PM |
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Were there any special event that made BTC climb and fall so fast?
It was news all over the place. The media found out that bitcoin existed. |
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TheHeroMember
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January 23, 2012, 04:25:33 AM |
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It's just natural in business world, up - down - up - down - up.
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Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!! |
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codymanix
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Gir: I'm gonna sing the Doom Song now..
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January 23, 2012, 08:43:49 PM |
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Yes nmat is right, it was the first time that bitcoin got into the public view.
It was like a virus, the more people knew about bitcoin the more people were talking about it and thus, even more people knew about it!
A huge bubble like that won't come next time. Instead, bitcoin will climb slowly, but it will. There will be heights and depths, of course.
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Clipse
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January 23, 2012, 08:48:35 PM |
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Yes nmat is right, it was the first time that bitcoin got into the public view.
It was like a virus, the more people knew about bitcoin the more people were talking about it and thus, even more people knew about it!
A huge bubble like that won't come next time. Instead, bitcoin will climb slowly, but it will. There will be heights and depths, of course.
I believe it was a bubble that got extremely blown up by a collective bunch of "manipulators" to cashout on the increase frenzy of interest in bitcoins. The extreme crash however is more likely a result of all the scams that came about and exchange hacks etc. |
...In the land of the stale, the man with one share is king... >> ClipseWe pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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DiThi
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January 24, 2012, 12:40:26 AM |
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Don't forget the mybitcoin fiasco. Since then no one trusts an eWallet which stores your private keys unencrypted.
Also several wallets with lots of coins were stolen (with trojans, or from online backups, etc), as the official client didn't have wallet encryption at the time.
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1DiThiTXZpNmmoGF2dTfSku3EWGsWHCjwt
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TheHeroMember
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January 24, 2012, 05:49:07 AM |
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Don't forget the mybitcoin fiasco. Since then no one trusts an eWallet which stores your private keys unencrypted.
Also several wallets with lots of coins were stolen (with trojans, or from online backups, etc), as the official client didn't have wallet encryption at the time.
I guess this one is resolved already. |
Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!! |
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kronosvl
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January 24, 2012, 06:12:34 AM |
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June 2010 or June 2011?
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Costia (OP)
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January 24, 2012, 06:14:51 AM |
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oops 2011 but looks like people ignored my mistake  |
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DiThi
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January 24, 2012, 12:12:08 PM |
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Our bogus "last year" counter affect us on january...
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1DiThiTXZpNmmoGF2dTfSku3EWGsWHCjwt
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Clipse
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January 24, 2012, 12:12:49 PM |
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oops 2011 but looks like people ignored my mistake For a moment I felt a year younger :/ |
...In the land of the stale, the man with one share is king... >> ClipseWe pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
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Dexter
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January 24, 2012, 03:35:55 PM |
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i think they have talked about the high fly of the bitcoins from june 2010 but if you mean 2011 i think you watching to the new block award which should be reduced to 25 BTC per block this year
right?
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