Bitcoin plunges as major exchange halts withdrawals
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
Reading the comments, highest voted comments still think it's a scam/pyramid scheme etc. Good, I still have time to stack more coins
When I try explaining Bitcoin to my friends, the first impression is always its a scam/pyramid scheme. I keep telling them not to come back crying in 10 years.
I usually explain it like it's a protocol to transfer value. Or a decentralized consensus system. That usually gets their attention.