Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I remember when Cypress hit the skids,BTC rocketed up to $1100+,then Mt Gox fuked it all up by crashing & stealing all the BTC held in their exchange.................. 
Maybe another BTC rise??
Oh & your welcome world for the financial meltdown.......brought to you by the US financial system
Maybe another BTC rise??
Oh & your welcome world for the financial meltdown.......brought to you by the US financial system
The rise wasn't because of Cypress, but because Mt.Gox itself was buying up bitcoins with willybot, and with $ that actually didn't exist. Most of the money that was "lost" with mtgox, went into the pockets of those who were clever enough to exit gox faster then others.