BitCoin crashed?

Anyone heard/know anything about this?

http://beforeitsnews.com/economics-a...s-2461550.html

I believe the members who invested [heavily] in it , have been in a medically induced coma, since the news broke.

Was predicted a couple weeks ago.

Looks like it is back up to ~ $660?

http://bitcoinwisdom.com/

High risk = potenetial for high reward, low risk = most often low reward. Been that way since the dawn of investing and won't be changing anytime soon.

Is anyone really surprised?

It will yo yo for a while. The value that bit coin brings for many people is it is perfect for money laundering and hiding money. The detriment of bitcoin is the time it takes for transactions. There are other currency's like Litecoin that are faster and will rise too.

Quote:

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Originally Posted by Guylee

Is anyone really surprised?

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I wonder how much propping up bitcoin did itself to get those inflated values.

One thing i find ironic about bitcoin, is how many folks who rally against the Novus Ordo Seclorum. Invested in an internet, worldwide currency.

Quote:

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Originally Posted by Great-Kazoo

I wonder how much propping up bitcoin did itself to get those inflated values.

One thing i find ironic about bitcoin, is how many folks who rally against the Novus Ordo Seclorum. Invested in an internet, worldwide currency.

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Me too. A paper fiat versus an electronic fiat.

So we're taking beforeitsnews.com stories at face value now?