Basically, where Bitcoin is at now, by looking at just the price, it's impossible to tell whether an exchange has been hacked, a major government is banning it or some guy finally remembered his Bitcoin wallet password and cashed out.
The people that know what affects the price of bitcoin own a lot of bitcoin, and they know what's affecting the price because they're moving the markets themselves.
runeks|9 years ago
empath75|9 years ago