Man, after the stories you have been telling I can't believe you're still playing that game!  Unless you're good at it why bother when buy & hold does so well?

It's only in the last couple of hours that gox took the lead.  Up to a certain point China, gox and stamp were pretty much headed up together (with China ahead on price).  Since then gox has stuck its neck out and it is understandable that someone waking up to it now would think this was gox-led therefore unlikely to be sustainable.  But after a certain point China Stamp and btc-e put the brakes on and when that happens it looks like gox is on a retractable leash whereas it can run off ahead enthusiastically barking and only if the others decide to follow will we go in that direction, otherwise it will get pulled back!

China, Stamp, btc-e - none of them are playing ball atm, very reluctantly following up but at a safe distance.  In the meantime gox is seriously drunk!

Gox led this time though.  China appears to have calmed down.  Are those buying on gox sticking their necks out for the axe?

312! ... and another!

FTFY

I seem to recollect bears have a habit in this kind of market of hiding behind the bushes letting the bulls stampede past.  If it keeps going like this at some point there is very likely to be a massive bear ambush.  However I am a wimp when it comes to even hazarding a guess as to where this will be nor how far it will fall back.  As for my own strategy I'm holding irrespective of what the market does

'course you are!  Be my guest, dump away

I'm just wondering what the ddosers might be attempting to accomplish.

One possibility is they're wanting to sell OTC and have an agreement that the price be the highest 24hr volume usd exchange price so they might be trying to prevent trading on stamp till gox catches up?  But I may just as easily be making shit up!

Ah, I wasn't following the thread since I first read about it.  Is there a strong voice for elsewhere?  Maybe I should go back read the OP for a catchup!  I like Frankfurt but won't object to elsewhere if that's the way it's going.

One scenario I'd be quite happy with would be if enough holders went 'actually, you know what, I might just sell a little' to supply a reduced demand from prospective buyers who are going 'I'd like to hang out a while, risk not getting the best price in order to reduce the risk of buying before another fall'.  The consequence would be we hang out here a while.  I could happily live with that

Gox still appears to be the favourite dumping ground - so much so gox vol is close to catching up with Stamp now...

Count me in please   - and nice one both for suggesting/organising it

btw the reason I remembered to come back and put my name down is I was enjoying the meme of this fellow and thought, given he's German he might be a good choice for the party

Thanks Goat  Just put my name down

It's here for anyone who hasn't seen it yet:  https://bitcointalk.org/index.php?topic=285771

Edit:  ...and thanks molecular

Is anyone else relieved we're getting this pull back/'crash'/correction/'bubble-burst' (or whatever this is) or am I just weird

What's also strange is as we're beginning to see predictions of how low it will go etc. not only am I happy to have no idea nor expectation at all but I don't appear to care either.  I 'should' because it could have a significant impact on my net worth but I really don't!

By what stretch of the imagination is this tanking?!  I'm not saying it won't, nor even that this may be the beginning of it but right now, this is not tanking!

Edit:  OK, now maybe it is

Apparently just music!!  btw. anyone remember where the thread about the $1000/btc celebration party thread is?

Is he our man to dj the Frankfurt $1000 party?   That reminds me I still haven't put my name down...

This may also be true

Possibly

'Markets can remain irrational longer than you can remain solvent.'

I think it also worth noting though that technology adoption does not have a direct correlation to price of units of said technology.  Depending on confidence price can race ahead and on fear of missing the train can jump off the scale for a time with the inevitable corresponding drawback.  

We've got to scale back rather a long way and even then iron out some of the remaining kinks to get to a 'steady ~6%/week'.  And though we can get rather good at guestimating at which point we are in terms of being 'on track', racing ahead or whatever I would be reluctant to claim where we are today is above, below or approximately 'on target' in relation to the underlying adoption curve.