At the time when bitcoin price is recovering, these news and reports are very sad and depressing to read..
But if the reports are true then the true value of bitcoin should be around the value before bots were setup right, which could be around 100 $..Rest is all fake,fantasy,illusion....
www.cryptocoinsnews.com/news/report-mtgox-fraud-led-to-1200-bitcoin-price/2014/05/25
http://willyreport.wordpress.com/
More like, 30 $(or less), since the run to 100$ was also influenced by that bot.But if the reports are true then the true value of bitcoin should be around the value before bots were setup right, which could be around 100 $..Rest is all fake,fantasy,illusion....
www.cryptocoinsnews.com/news/report-mtgox-fraud-led-to-1200-bitcoin-price/2014/05/25
http://willyreport.wordpress.com/
But that doesn't matter anyway, since the Price is now what it is and I don't see, why it should decrease. (That the increase was manipulated is no good reason for that)
In the Long run, this bot was a good Thing, as sad as it sounds.
No i think current price cannot sustain if all the price rise was because of the tradingbot...How long can people ride on a fake prices and what will happen if more and more people come to know what they pay for bitcoin was just driven by bots..
