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Economics
Re: Cause of the BTCUSD Crash on February 13th, 2012
by
is4tomj
on
15/02/2012, 18:30:29 UTC
Quote from: Revalin on February 15, 2012, 05:25:15 PM
Your premise is wrong. TradeHill isn't liquidating BitCoins. BTC holders withdraw in BTC; USD holders withdraw in USD.
Thank you for your comment. It appears that at Trade Hill is working to return one BTC holder's deposit (made in USD), which is currently in BTC, back in USD through Dwolla.
http://tradehillblog.com/2012/02/13/tradehill-suspending-trading-and-returning-client-funds/#comment-580
What source are you using as the basis of your argument?