I am enjoying it also. I will actually be holding out buying any. I do not think at this point we will bounce back to $3.00. I think that the smart money people know this and would be buying them all up now in the anticipation of it going back to 3.00.
It is a about time now we broke down into the $1.00 range.
In the past, when that moron who put up the 50K bitwall at $2.00, that was a more safer buy. But right now, nothing is holding back a huge downward decline.
Down it will fall to a new low.
Like I have been saying all along, the only thing constant with bitcoin lately is that the price will fall.
Even I have my doubts about it dropping below $2.00, but I should know that nothing will hold the price from falling lower. It is simple economics, 7500 bitcoins a day coming to the market, and not many buyers willing to support all those new bitcoins.
Soon we will actually be able to use bitcoin for purposes other than hording them like they are babe ruths rookie cards.
and why should they become more usable with a lower and lower price?
About the walls - not quite shure what to make of it myself.
Part of me is feeling happy that the walls where arrested for moving to much.
And now that the bitcoins have changed hands I really hope that with ownership
a feeling of community responsibility has been transfered.
Personally if some is in Bitcoin for the Dollar or Euro or whatever you are missing the point.
Yes - it can do that, too.
For me with Bitcoin i am holding something I considere freedom.
Like cities where providing freedom in the middle ages and money
is the new feudal lord.
Freedom for the reason it is the first currency i volunterilly associate with,
without any law or guns or power behind it on any continent.
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