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Bitcoin price down 20% in two days, completely bipolar

Credit: bitcoincharts.com/

Credit: bitcoincharts.com/

Why anyone would want to buy a flaky net-based currency that trades in psychotic price swings is beyond me. My guess is Wall Street banksters have figured out how to manipulate bitcoin prices and will pillage it until there’s nothing left as the libertarians who invented it look on aghast as they learn the hard way about the real world of currency trading.

Bicoing 1 minute chart via TechCrunch.

Bitcoin 1 minute chart via TechCrunch.

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