$1,000 Money Challenge

[Irving]

It immediately dropped to a low of $455, and is now hovering around $590. Just need it to go over $640 again to recover.

[ChunkyMonkey]

It immediately dropped to a low of $455, and is now hovering around $590. Just need it to go over $640 again to recover.

Gambler!

[Irving]

Announcement is now, press conference in 30 minutes. Let's see what happens.

Dave, that money was sitting in my mtgox exchange, so it's not like I pulled it out of savings or anything.

[MrPrena]

It immediately dropped to a low of $455, and is now hovering around $590. Just need it to go over $640 again to recover.

bitcon has so much fluctuation that I am 90% sure you will make at least 1%.
Just as reminder that Chinese government's statement on Bitcoin might bring a little resistance.

[Irving]

No big movement yet. What did China say?

[Dave_L]

http://www.nytimes.com/2013/12/19/bu...sits.html?_r=0

[Irving]

Ahh, that must have been the big drop I saw at the beginning of the month.

[Dave_L]

That just happened in the past 12 hours or so.

[Irving]

Ahhh, the peak was the event they mentioned on Dec 1st.

[Dave_L]

Weston and Andrew talked about bitcoin a while back when it was $100/coin. Wish I would have bought some back then.