Post
Topic
Board Speculation
Re: And the Downfall continues
by
Opsamk
on 13/02/2014, 14:21:54 UTC
Panic selling continues.....GOX is about to fall below 500 next stop....100

You're looking at the wrong picture , it's not bitcoin that it's falling , it's Gox.
All major BTC exchanges have suspended btc trade. But it really doesn't matter, the fact that Bitcoin could go from 950 to 500 in a matter of weeks will get everyone riled up. $100 here we come.

Where did you get that shit from?
http://www.examiner.com/article/bitcoin-drops-to-102-then-recovers-to-former-level (not related but shows that BTC-E got hit too)
http://invezz.com/news/forex/8816-forex-news-btc-usd-bitstamp-joins-mtgox-in-suspending-withdrawals (BTC-E admitting to being affected too)
https://www.bitstamp.net/article/bitcoin-withdraws-suspended/
https://www.mtgox.com/press_release_20140210.html
https://www.virwox.com/

Exchanges have stopped external trading (they can still internally trade). Still this doesn't matter, the drop should be enough to bring us down to $100 via panic.