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April 11, 2013 11:43 am GMT
The Bitcoin correction we wrote about yesterday was not caused by a DDOS attack on one of the largest Bitcoin exchanges, Mt.Gox, but rather by a massive spike in interest in the crypto currency, according to Mt.Gox. During trading yesterday the value of Bitcoin plummet by 60%, dropping from a high of $265 to around $150 (it has since climbed back up slightly, to around $180).
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ksKKJZG0c5I/
Bitcoin Price-Drop Caused By Rush Of Interest, Not DDOS, Says Mt.Gox Exchange; Newcomers Now Opening ~20k Accounts Per Day
The Bitcoin correction we wrote about yesterday was not caused by a DDOS attack on one of the largest Bitcoin exchanges, Mt.Gox, but rather by a massive spike in interest in the crypto currency, according to Mt.Gox. During trading yesterday the value of Bitcoin plummet by 60%, dropping from a high of $265 to around $150 (it has since climbed back up slightly, to around $180).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ksKKJZG0c5I/
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