surfer43
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February 06, 2014, 10:33:31 AM

WTF is going on?


Panic sheep going omg sell! Just be happy. This just had to happen.

It would seem that the "panic sheep" haven't been selling.  Here's how I remember today:

- BitcoinTalk went down (DDoS?)
- Huge dump on BitStamp (1000+ BTC)
- Huge volume on Gox dropping the Gox premium dramatically.  Little correlation seen at the other exchanges.
- Apple pulls Blockchain.info app from AppStore
- Bitfinex goes buggy (hack?)
- Another huge dump of BitStamp (2000 BTC)

I'm surprised how well we're holding up.

When you've been through this a couple of times, you learn to recognize the buying opportunities.

Throwing the Apple stuff out for a moment and setting the Gox stuff aside, the other things look like a coordinated attack. I mean, the 2nd dump on Bitstamp could have been someone scared shitless on Bitfinex, but the first dump that happened with the DDOS and then, if it turns out Bitfinex was toyed with, then, yes, this would seem like a coordinated attack.

Interesting that people are screaming market manipulation, but these same people don't mention the fact that over and over and over again BTCtalk gets ddosed at the same time dumps happen.
why would they do that? to create FUD?