Funny thing is if someone didn't check the coin price for a week he wouldn't have a clue what happened in the meantime. It will look normal to him haha.
We'll be back at $200 by tomorrow.
BUT this clearly is a huge problem.
If this doesn't get fixed soon BTC has no future.
are you still holding on, or are you selling?
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The panic caused by a coordinated dump n' ddos is causing the following to happen:
- The weaker hands (don't understand or believe in btc fundamentals) panic sell to the stronger hands (who don't sell due to fear).
- Strengthening Bitcoin services, especially exchanges. Painful now, but this forces them to up their game or lose business. Mtgox is making something like 100k/day+ in fees now ;)
We'll be back at $200 by tomorrow.
BUT this clearly is a huge problem.
If this doesn't get fixed soon BTC has no future.
I beg to differ.
Somebody needs to replace MtGox with a decentralized p2p trading platform.
Just because the main trading exchange sucks doesnt mean BTC has no future. Not at all
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