Bitcoins just peaked $236 per BTC

[Pecon]

It's back to $233.

No worries here.

[Ad Bot]

[ZSNO]

The bubble has popped.
How low can you go?

[Momentum]

The bubble has popped.
How low can you go?

oh god hahaha

[SPooK]

$140 now :O

Guys, it's like stocks, it will always go and up just because it goes down for half a day doesn't mean it popped -_-

[ZSNO]

$140 now :O

Guys, it's like stocks, it will always go and up just because it goes down for half a day doesn't mean it popped -_-

Popped doesn't have to mean it's dead, just that HALF OF IT'S VALUE IS GONE. And dropping

[SPooK]

Popped doesn't have to mean it's dead, just that HALF OF IT'S VALUE IS GONE. And dropping

Which also means that it is going to spring back up...

[Oasis]

Which also means that it is going to spring back up...

At some point, possibly.

[Fredulus]

Which also means that it is going to spring back up...

lol
sure, it'll go back up eventually, but it'd still be better to sell when it's dropping and rebuy when it bottoms out. you can retain your investment but profit from the price drop

[Pecon]

I cashed in when they were at $230.

All $50 worth of it.

[Rusty]

Basically what happened was when it was near it's peak, there were an extra 65% of accounts created, this led to the server lagging during exchanges and then this led to panic selling.

[allyorbase]

Basically what happened was when it was near it's peak, there were an extra 65% of accounts created, this led to the server lagging during exchanges and then this led to panic selling.

Don't forget the HFTs. They were the serious causes of the lag.



Thought this was kind of interesting...

[Kalphiter]

Basically what happened was when it was near it's peak, there were an extra 65% of accounts created, this led to the server lagging during exchanges and then this led to panic selling.

AKA people who are only into BTC for "instant wealth"

[allyorbase]

http://www.marketoracle.co.uk/images/2009/Mar/Money-Week_clip_image001.jpg

Yup, you posted it before.

[Squideey]

I guess you guys are learning how2economy

[DrMaxwell]

Good thing money doesn't make you happy