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Old 04-12-2013, 08:13 AM  
MikeRoth
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Join Date: Jan 2011
Location: Washington DC
Posts: 361
Quote:
Originally Posted by AdultPornMasta View Post
Maybe not. Try this on for size.......

Let's say that you are from a country which had been stashing big bucks in a country whose banking industry recenty took a great big shit, you have lost part of your money and need to do something with the rest to get it out of that country and make back your losses.

DDoS Mt.Gox, frighten away the faint of heart, those working with scared money, drive away miners, induce panic selling and then buy like all Hell when the price drops.

Wait until the price goes back up, sell, rinse and repeat.

Yes, but if they frighten everyone away there won't be anyone left to run it up again. It will just go back to the normal $20/coin or less. They could be waiting for a long time before it rises again.
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