[Dutchboy88]

Okay, wait a minute...this was supposed to be a stabilized, non-governmentally manipulated truly free-market perfect alternative to the nasty old $. Here it just behaves like all the other barter systems. Oops.

[Errant]

What you're seeing is the market reacting to the Mt. Gox exchange having issues with moving bitcoin to fiat. Not all Mt. Gox's fault btw. The governments have been causing them problems with regulation, shutting down bank lines in the U.S. and etc.

Adjustments here and there is what the free market is all about. Better to adjust than an eventual collapse - the danger we're facing with the world economy brought about by an artificial market and government manipulation.

Scandal: Bank Of England Encouraged Currency Manipulation By Banks

[grania]

oops

Not to worry. I'm sure that FDIC insurance will cover it. (sarcasm)