BITCOIN $250 ... $266! And then CRASH! $105! Now... $150. And that's all in ONE DAY.
Adam Rifkin stashed this in Bitcoin
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Kim Mai-Cutler says people are attacking the exchanges:
The Tokyo-based exchange Mt. Gox said last week that hackers are engaging in a strategy to manipulate the price of the currency: “Attackers wait until the price of Bitcoins reaches a certain value, sell, destabilize the exchange, wait for everybody to panic-sell their Bitcoins, wait for the price to drop to a certain amount, then stop the attack and start buying as much as they can. Repeat this two or three times like we saw over the past few days and they profit.”