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To: Dutchboy88
What you're seeing is the market reacting to the Mt. Gox exchange having issues with moving bitcoin to fiat. Not all Mt. Gox's fault btw. The governments have been causing them problems with regulation, shutting down bank lines in the U.S. and etc.

Adjustments here and there is what the free market is all about. Better to adjust than an eventual collapse - the danger we're facing with the world economy brought about by an artificial market and government manipulation.

Scandal: Bank Of England Encouraged Currency Manipulation By Banks

8 posted on 02/07/2014 10:22:47 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant

“Not all Mt. Gox’s fault btw. The governments have been causing them problems with regulation, shutting down bank lines in the U.S. and etc. “

Do you have evidence of that? The problem here seems to be a problem related to the bitcoin system itself, unrelated to exchange issues.


21 posted on 02/07/2014 11:16:14 AM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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