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Board Beginners & Help
Re: MtGox is down again DO NOT PANIC!!
by
jackrats
on 12/04/2013, 05:33:23 UTC
Isn't MtGox's official story was that the DDOS attacks are being perpetrated by traders trying to game the system by selling, then driving the price down due to the panic created as a result of the attacks, then buying again at an artificially low price before the currency recovers.

I think that scenario is a perfect example of why BTC needs a more widely dispersed infrastructure without depending so heavily on a single exchange.