Post
Topic
Board Bitcoin Discussion
Re: Why is BTC in the toilet right now?
by
DrKennethNoisewater
on 06/08/2011, 19:09:40 UTC
Just curious... stopped paying attention for a week, and now all of a sudden we're at 8 bucks.

most likely all of the stolen bitcoins from mybitcoin are being laundered and converted to cash.



Agreed, there's a direct correlation every time there is a heist of coins.

Regular equity markets should have no effect; people are selling their coins now so that they can get "something" for them
instead of letting them go to 0.

CLASSIC PANIC SELLING

Bitcoin will more than likely rebound until the next scam hits.