Will someone please tell bitcoin to stop dropping in value?

Seriously though... What is up with the value of bitcoin dropping $20+ dollars every few days.


Comments


[7 Points] GeneralStarkk:

Let that bitch drop, it'll come back up in time.


[6 Points] corporate_complicity:

Bitcoin needs to forget about Gox and let that motherfucker burn. Focus on the competent businesses in our economy and move the fuck on!


[3 Points] tules:

The problem is mt gox for a lot of people indicates potential problems with the whole bitcoin market. Without commenting on how justified a reaction that is, it's hardly surprising that when a major exchange basically becomes insolvent it's gonna send tremors through the whole system. I still remain a long term bull but man I don't feel good about the amount of value my portfolio lost today. And I dont have a single cent on Gox.

Basically the CEO is an incompetent ass who managed to deceive everyone about his legitimacy.


[3 Points] hateangrypeople:

It has stopped. I bought BC 5 days ago. It's not worth $2 more.
It fell from it's recent highs to about $575, seems to be holding there.


[3 Points] ululo:

would this be a good time to buy?


[1 Points] L3T:

YOu are looking at Mt Gox. dont.


[1 Points] NecroSyphilis:

Just wait till the fbi liquidates dprs coins


[0 Points] iMakeCocaine:

GOX is closing doors and a major BTC developer is leaving his chair, so, no wonder why it's dropping in value.