Today’s Thoughts on the Current Bitcoin Price Are…

The price of bitcoin has jumped up to about $236. Last week, we saw the price hovering around the low $220 range, and while the digital currency did undergo a surge over the weekend that saw it rise in price by nearly $50, it has now been suggested that this was all part of the present hacking scam…
It all started with BTER, where nearly $2 million were stolen by alleged cyber thieves. Now, the news has come forth that HitBTC was ‘hit,’ along with Excoin and a number of banks. It is believed by some that the hackers somehow managed to get their hands on the price and manipulate it to suggest a massive surge. People would be so distracted that the string of future hacks set to take place would go unnoticed, and to some extent, if this is what happened… It worked.

This post was published at NewsBTC on February 17, 2015.