[2016-01-15] Why the Bitcoin Price Is Falling Today

aso118

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Quote from: hendra147 on January 15, 2016, 08:16:07 PM

The Bitcoin price plunged as much as 16% today (Friday) as the market reacted to a blog post by a former Bitcoin developer that said the digital currency had "failed."

According to the CoinDesk Bitcoin Price Index, the price of Bitcoin was about $432 yesterday (Thursday), but news of the damning blog post sent it skidding below $400. The Bitcoin price dipped as low as $359 at one point.

http://moneymorning.com/2016/01/15/why-the-bitcoin-price-is-falling-today-3/

$359 at one point? It has gone lower now.
Hearn's post along with the cryptsy mess have taken a toll on the price.

Kprawn

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People will soon see who Mike Hearn is and what his motives was behind that blog post. His employment with the competitors are the main reason for these statements. How can

you work for the rival company and still hold the competitors products? My guess is, Mike were told to make a media statement to discredit Bitcoin and to declare that he sold

his coins, before they release their new "Blockchain" based "private ledger" technology with his new employer. Roll Eyes

https://www.reddit.com/r/Bitcoin/comments/413pwp/mike_hearns_latest_blog_post_was_a_strategic_move/

hendra147

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The Bitcoin price plunged as much as 16% today (Friday) as the market reacted to a blog post by a former Bitcoin developer that said the digital currency had "failed."

According to the CoinDesk Bitcoin Price Index, the price of Bitcoin was about $432 yesterday (Thursday), but news of the damning blog post sent it skidding below $400. The Bitcoin price dipped as low as $359 at one point.

http://moneymorning.com/2016/01/15/why-the-bitcoin-price-is-falling-today-3/

Topic: [2016-01-15] Why the Bitcoin Price Is Falling Today (Read 417 times)