People here need to stuff it and read more before running on about Bitcoin - I've seen more biased, uninformed, telephone-word-of-mouth mutilated information, etc. And ironically, some are even running their mouths while accusing others of doing it. Mt.Gox has been being DDoSd , not just from transaction volume (due to their poor trading engine), transaction spam (a "fun" point of contention among people) and from other SYN/UDP flooding.
Everytime, until two days ago, each DDOS correlated in a massive drop off in price - including the air-releasing drop from 260 to 60 back to 120. Two days ago, the attacker lost money, and today, at least as of now and the price it was last night, the price seems to reflect the truth: sadly, mt.gox is a cornerstone right now (not for long) and mt.gox being DDOSd doesn't mean the immediate impending end of Bitcoin.
Everytime, until two days ago, each DDOS correlated in a massive drop off in price - including the air-releasing drop from 260 to 60 back to 120. Two days ago, the attacker lost money, and today, at least as of now and the price it was last night, the price seems to reflect the truth: sadly, mt.gox is a cornerstone right now (not for long) and mt.gox being DDOSd doesn't mean the immediate impending end of Bitcoin.