11 Apr '13, 2pm

The Bitcoin Crash Continues

Yesterday, Bitcoin hit an all-time high of $266. Then, it crashed as much as 61 percent before rebounding back to levels around $150 late last night. The low of the day yesterday was $105. This morning already, the market is getting close to those lows again. Bitcoin is now trading at $120. As the volume panel at the bottom of the chart shows, there was a large spike in selling activity this morning, sending the the virtual currencty on its latest leg lower. bitcoin.clarkmoody.com Note: There is no x-axis on this chart, but it shows prices from April 9 through today. Mt. Gox, the world's biggest Bitcoin exchange, blamed yesterday's sell-off on a trading lag that was caused by the rush of new users to the system in recent days. It will be interesting to see if prices continue to head lower today. READ MORE — A complete guide to what Bitcoin really is >

Full article: http://www.businessinsider.com/bitcoin-crash-continues-20...

Tweets

Bitcoin Crash Spurs Race to Create New Exchanges

cnbc.com 11 Apr '13, 1pm

The rush to build a more reliable exchange for the virtual currency bitcoin is under way after another price crash on Wedn...

Six Things That Could Cause Bitcoin Prices To Crash

Six Things That Could Cause Bitcoin Prices To C...

businessinsider.com 10 Apr '13, 2pm

A sating of demand. At some point, everyone who could ever learn about or use Bitcoin will know about it, and many of them...

Bitcoin Crash Continues — Now Down 77% From Two...

businessinsider.com 12 Apr '13, 12pm

Bitcoin has fallen to $60 this morning. Just Wednesday morning, it topped $266 before a dramatic plunge sent it to $120 . ...

Bitcoin Trading Halted at Largest Trading Exchange

Bitcoin Trading Halted at Largest Trading Exchange

cnbc.com 11 Apr '13, 3pm

The value of Bitcoin continued to plunge on Friday as trading resumed at Mt Gox, the world's largest virtual currency exch...

Bitcoin Is Tanking Again

businessinsider.com 11 Apr '13, 9am

The volatility in the land of Bitcoin continues. Yesterday was a wild day, as prices climbed to over $260 at one point, be...

Panic selling forces Bitcoin crash

bbc.co.uk 11 Apr '13, 10am

11 April 2013 Last updated at 10:43 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bit...

Bitcoin Starts to Tank Again after Top Bitcoin ...

thenextweb.com 11 Apr '13, 10pm

Here we go again. Following yesterday’s Bitcoin crash , the top exchange for the digital currency Mt. Gox decided to tempo...

Following Mt. Gox trading halt, Bitcoin collaps...

thenextweb.com 11 Apr '13, 10pm

Here we go again. Following yesterday’s Bitcoin crash , the top exchange for the digital currency Mt. Gox decided to tempo...

How the looming bitcoin crash will be exploited...

naturalnews.com 10 Apr '13, 9am

Mike Adams is a natural health author and award-winning journalist with a passion for sharing empowering information to he...

The bitcoin bubble: Why speculative bitcoin buy-ins now point to a disastrous bitcoin crash

The bitcoin bubble: Why speculative bitcoin buy...

infowars.com 09 Apr '13, 11am

Of course BitCoin is volatile! The frenzied trading in it drives prices up and down. The important thing is that the irres...

Bitcoin Doesn't Have a Deflation Problem

forbes.com 12 Apr '13, 12am

A number of smart people have made arguments like this one from Matt Yglesias: If over time more and more people want to u...

Experts Remain Skittish On Bitcoin As Prices Continues To Rise

Experts Remain Skittish On Bitcoin As Prices Co...

businessinsider.com 07 Apr '13, 6pm

Youtube See Also BITCOIN 101: A Beginner's Guide To The Unfakeable Digital Anarchist Currency Everyone's Obsessed With BIT...

Better Monitoring and Diagnostics Tackle Algae Biofuel Pond Crash Problem

Better Monitoring and Diagnostics Tackle Algae ...

renewableenergyworld.com 11 Apr '13, 1pm

Sandia National Laboratories' Tom Reichardt, left, and Aaron Collins, center, chat with John McGowen of the Arizona Center...

NTSB: Texting While Flying Contributed to 2011 Helicopter Crash

NTSB: Texting While Flying Contributed to 2011 ...

spectrum.ieee.org 10 Apr '13, 3pm

Yesterday, the U.S. National Transportation Safety Board (NTSB) reviewed the findings of its investigation into the crash ...