Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Crosspost. Because explains our current price predicament 
Bitcoin Plunges In Value As Hackers Spook Market
The unpredictable progress of Bitcoin hit another downward spiral as more crooked dealings were revealed.
Bitcoin hit a two-year high of around $775 just a few days ago and then plunged by 25% after a major exchange went offline after an attack by hackers....
http://www.moneyinternational.com/currency/bitcoin-plunges-value-hackers-spook-market/
The unpredictable progress of Bitcoin hit another downward spiral as more crooked dealings were revealed.
Bitcoin hit a two-year high of around $775 just a few days ago and then plunged by 25% after a major exchange went offline after an attack by hackers....
http://www.moneyinternational.com/currency/bitcoin-plunges-value-hackers-spook-market/
Doesn't explain shit.
The article is a miss-mash of bullshit piled upon bullshit, and even likely purposefully misaligned connections in terms of timelines, causative effects and creating incorrect associations.
The current price correction likely does not have anything to do with any of the items stated in the article, and bitcoin was likely due for a correction, since the price had shot up from $630 to $705 in the past few days.
Looks like it's shooting back down