Welcome to my place! It's great to have you here! AN INTERESTING WEB DESTINATION
Wednesday, April 10, 2013
Bitcoin Update
"The Bitcoin-to-USD exchange rate had been climbing steadily since
January 2013, from around 30 USD to over 250 USD only 24 hours ago. Now,
the value bubble seems to have burst, at least partially. The primary
trading site MtGox reported a drop in value all the way down to 140 USD today, a loss of almost half in real value. With many sites unreachable or slow, there are also news of a possible DDoS attack on MtGox: '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.'"
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment