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"Attackers wait until the price of bitcoins reaches a certain value, sell, destabilize the exchange, wait for everybody to panic-sell their bitcoins, wait for the price to drop to a certain amount, then stop the attack and start buying as much as they can. Repeat this two or three times like we saw over the past few days and they profit. There is pretty much nothing that can be done." Mt.Gox said.
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Ouch. This is a huge weakness in btc and will ultimately help lead to its failure unless they can prevent this from happening over and over and over again. A real investor with real money isn't going to mess with something that kids can manipulate every week. Something like this is exactly the sort of thing that can stop it from becoming used by everyone.