Bitcoin Price Drop: The Hysterical and the Level-Headed Among Us

By October 8, 2014Bitcoin Business

A price crash lays bare some of the strangest aspects of people’s personalities.

When I went to bed Friday night, 1 bitcoin was threatening to break through the US$360 floor. When I awoke Saturday morning, the price was in the 330s. By Sunday afternoon, I saw sell prices on some exchanges around US$280.

That range encompasses a 22% drop in Bitcoin’s exchange value against the US dollar.By Monday morning, the price had rebounded to near the […]

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