BTC Market Standstill?

Discussion in 'Assets and Investment' started by Emperor Nero, Jun 27, 2011.

BTC Market Standstill?
  1. Unread #1 - Jun 27, 2011 at 5:04 AM
  2. Emperor Nero
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    BTC Market Standstill?

    http://bitcoincharts.com/markets/mtgoxUSD.html

    Using the Mt. Gox as the standard for BTC trade, because it is the largest BTC market, the trade seems to have stagnated. There were no changes between the 20th and the 25th, then a slight drop and a rise the counterbalanced the drop that seems to have balanced the market back to a stagnate state. I do not claim to be one with exponential knowledge of economics and economic shifts, but isn't this a bad thing for investors but a good thing for those who use it? A stable price means that you are not going to have your money yanked from beneath you.

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  3. Unread #2 - Jun 27, 2011 at 11:16 AM
  4. rune0052
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    BTC Market Standstill?

    Mt gox was hacked the 20th and trading was not possible the days after.

    I think the price will soon rise again :)
     
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