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So why did it crash? Why didn't the fraudster just prop up the price?

• dylanhassinger 12y ago
  like all ponzi schemes, it relied on new users getting sucked in. As other exchanges grew and Mt Gox doubts spread, I imagine their growth rate dropped.
• bronson 12y ago
  Because no fraudster can prop it up indefinitely. Gotta lock in your profits before the crash.
• boyaka 12y ago
  Bitcoin has been pumped up and crashed 3 times. The fraudulent trading of Mt. Gox was only the most recent crash.
  • ok_craig 12y ago
    According to the actual post, it was at least the last 2 times.
    • boyaka 12y ago
      Depends on what you consider a crash. IMO it crashed in November and hasn't had it's next climb yet.