Update: Bitcoin loses 50%, what next?; Trading HaltedSubmitted by SteveMT on Wed, 04/10/2013 - 15:00
Is this another flash crash versus a true pump-and-dump?
Trading halted for upgrades 4/11/2013 11:16:
ZeroHedge: BitCrash Continues: Down 40% And Dumping | 4-10-13
Update - see new chart at link -50%
Time to rename it BitCrash... or will it stage an amazing recovery? Alas, for this particular bubble, there are no NYSE circuit breakers nor is there a Federal Reserve-mandated "plunge protection team." And why should there be? The central banks hate all currency alternatives. Firehats: on, especially since the volume is still relatively light.
See second chart at: