First real major crisis in Bitcoin world finally emerged.
From the biggest Bitcoin exchange:
If it is not a bank run, I don’t know what is.
The interesting question would be the response of Bitcoin prices and eventual resolution of this event.
As I mentioned before Bitcoin has to go through various crisis before it can mature into something that the public will accept (i.e. going mainstream).
As reported by Gawker, Mt. Gox, the biggest dealer / exchange for Bitcoin, is now in a nasty lawsuit with its supposed business partner Coinlab. So now, we have ...
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Following is the weekly chart of Bitcoin. 75 / 75 is a classic chart pattern where an immature market crashed hard but holding the absolute 25% price ...
Don't expect to see the following news in any mainstream media outlets in North America. Important development in the currency world that everyone should pay attention to: 1. ...
ContentReviewEuro MeltdownS&P Stuck in a Down ChannelGold Accumulation ContinuesBitcoin Searching for Support10-Year Note Yield Still Pushing Higher Big Picture SummaryReviewEuro meltdown in progress as expected.S&P spiked higher into the resistance ...
ReviewEuro Going LowerS&P Sideway Until Seasonal HitsGold Daily Down Trend EstablishedBitcoin Not Safe To Play10-Year Note Yield Consolidation StartedBig Picture SummaryReviewEuro went lower as expected.S&P fell to previous year low ...
One time special offer for the Bitcoin community. Before year end, you can purchase lifetime pass to our premium membership for just 2 BTC (Bitcoin). After New Year, ...
Press release was made earlier that I am making a special offer to bitcoiners - lifetime premium membership for 1 BTC. You can see the deal on the Bitcoin ...
ContentReviewEuro Ready For a Steep PullbackS&P at Middle of NowhereGold Reached Minimum Upside TargetBitcoin Killing Time Before Next Move10-Year Note Yield Testing Weekly Trendline SupportBig Picture SummaryReviewEuro tagged the resistance ...
First Bitcoin Bank Run (Sort Of)
First real major crisis in Bitcoin world finally emerged.
From the biggest Bitcoin exchange:
If it is not a bank run, I don’t know what is.
The interesting question would be the response of Bitcoin prices and eventual resolution of this event.
As I mentioned before Bitcoin has to go through various crisis before it can mature into something that the public will accept (i.e. going mainstream).
This is one of the many tests it has to face.
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