The price of bitcoin on Mt. Gox dropped below $100, hitting a low of $91.50 on 20th February.
Data from Bitcoincharts indicates it was the lowest total observed on the exchange since 22nd July when the lowest price was $89.80.
The announcement comes amid increasing criticism from the bitcoin community about the exchange and its questionable behavior that has included ignoring protestors, blaming the Bitcoin protocol for its implementation issues and somehow managing to create an aura of suspicion and uncertainty around even its physical address.
February 21, 2014 at 04:15AM
