http://venturebeat.com/2013/03/12/bitcoin-technical-glitch/
Quote
It’s hard out there for a virtual currency. Bitcoin prices collapsed 23 percent Monday night after a technical glitch forced developers to call for a temporary halt to Bitcoin-related transactions, but prices have since gone back up.
Bitcoin has been trading at record prices in recent weeks, likely due to a number of major deals to get more people and companies easy access to the currency. But the “miners” that create new Bitcoins from powerful computers must work on making new Bitcoins using the same rules or else it can cause havoc for all parties.
[...]
Bitcoin has been trading at record prices in recent weeks, likely due to a number of major deals to get more people and companies easy access to the currency. But the “miners” that create new Bitcoins from powerful computers must work on making new Bitcoins using the same rules or else it can cause havoc for all parties.
[...]
"since gone back up?"
This dip has been greatly exaggerated.
More like, 'went back up on Mtgox almost instantly and never went down very much on BitFloor.'
I wouldn't say its exaggerated, it shows anyone thats thinking about investing some serious money that Bitcoin is still beta software and can, and most likely will have technical problems.
