Quote from: maker88 on August 15, 2014, 02:49:43 AM

Quote from: wasamata on August 14, 2014, 03:51:50 PM

Quote from: howardb on August 14, 2014, 03:18:06 PM

Quote from: wasamata on August 14, 2014, 03:01:13 PM

If a currency can fall 8.5% in a day on no real bad news such as today just proves the cronies and knockers correct when they say its too risky and volatile. Imagine if there was actually some bad news, sheesh.

You are assuming that people in general are pushing this down, your wrong. It was a flash crash on bitfinex.com caused by deliberate manipulation, absolutely nothing to do with public sentiment or news.

Manipulation? It's disheartening to learn someone can hack into the exchanges and sell all the bitcoins, thats what I call bad sentiment!

thats not what market manipulation is...someone with a lot of coins sold them to trick the bots, no one hacked an exchange and sold other peoples coins..

And even if that happened, how would they 'hack' an exchange. .-.