MadBitcoins Live: Bitcoin Price Drops After New Chinese Bank Rumours, Aurora Down 50%, Dogecon?

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Bitcoin Price Drops After New Chinese Bank Rumours

Bitcoin Price Drops After New Chinese Bank Rumours

Bitcoin Price Chart
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Price of Iceland’s Auroracoin Falls 50% Against Bitcoin After Airdrop

Price of Iceland’s Auroracoin Falls 50% Against Bitcoin After Airdrop

Study: Mt. Gox May Have Lost Just 386 BTC Due to Transaction Malleability

Study: Mt. Gox May Have Lost Just 386 BTC Due to Transaction Malleability

Any dogecoin conferences planned? I’d love to see a community event from this amazing community

Any dogecoin conferences planned? I’d love to see a community event from this amazing community from dogecoin

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12 COMMENTS

  1. Pfft Bitcoin traders will panic over fake news? Wow they need to do their research. If it's a fake rumor they should ignore it, in fact they should be ignoring ANY anti-Bitcoin news coming out of China as it's pure propaganda and nothing more.

  2. I have a feeling that a Dogecon would be a lot more fun than a Bitcoin convention. Also sent in a donation. It spells out the most beautiful thing a man can lay eyes on. Can't wait to see it appear in the ticker. Heh heh heh.

  3. Dang! Wish I could pickup more btc but I'm maxed out. I could afford a couple coins but I'm on vacation for the next two weeks and I plan to waste that money!

    I think it's pretty likely that someone just sold all their bitcoins, spread the china rumor and then bought back in. Wonder if the blockchain could be searched for any suspicious activity that fits that profile? People tend to ignore such rumors in the actual stock market but apparently there are still some fear driven noobs in the bitcoin community who as susceptible to this sort of thing. Rumor driven fear selling should decrease with time though since people who fall for this sort of thing will slowly be driven out of the market and eventually they simply won't have anymore bitcoins to sell. The remaining bitcoin holders will just ignore these things and use any dips to add to their position.

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