I was reading the forums months ago when people were scoffing at the mere suggestion 'what if' bitcoin drops to 100 or less but now that it's made it to 100s already and even briefly jumping into the 300 before dropping back down to the mid 200s, resisting good news, isn't it realistic at this point to consider it very well can drop to 100 or below? If it's not reasonable please offer reasons why it just can't. Thanks.

Amusing aside: Guerilla army purchases weapons for unknown amounts with BitBit. World giggled.

I know!

I once bought a package of bad fireworks. I was waiting on the mega explosion in the sky raining multi color sparkles and instead it went pfffffttttttttttt poof.

I admire Coinbase's nod to the bull sentiment but just seeing it being unable to sustain over $300 was a bummer. On the other hand I would like to see it drop a little more even to the $100 range because I really want to buy cheapER coin than mid 200s!

ETA ... Is it just me or does bitcoin take a nose dive whenever there's good news? 

Just checking my overall grasp of bitcoin as a currency and have this question. Let's say I own 1 bitcoin, currently at $200 (example) and in a few days, bitcoin price/value drops to 0. This is not a question about why, I'm asking to understand the value/price market itself. If it drops to 0 is it possible it can, like in an hour or a day or however long, go back up?

If that is possible it can go to 0 do I still have 1 bitcoin valued at nothing but that would just go back up when the market price/value goes up or is it a case that if it can go to 0, that bitcoin vanishes and even if it went to 1,000 a day later I no longer have a bitcoin?

Confusin' a girl!

I've never bought drugs but chances are I'd use cash to do it instead of bitcoin, which is far more precious to me than fiat! The way I see it, the dealer's getting the short end accepting fiat over btc! 

Hi, new girl, long time lurker...had to join!

I'm going to second the Circle suggestion. I did have a few issues with their automated login set up when I tried to update my phone number...it would tell me to enter the new number then when I'd submit, it'd tell me it was incorrect. I never got it resolved and just opened a brand new account (had about 2 bucks in it originally that'd now be dust given the price drop) and they closed the other one out. That said, even though it was a month of nonsense, Circle was awesome about trying to help me resolve the problem.

I joined up with Coinbase originally but really hate the 4 day wait time back and forth. I like that Circle side steps that so your funds are available immediately while on the back end they deal with the bank transfer. Circle is, by far, the easiest way to get situated using bitcoin.

Since I'm not a trader I can't say how or if Circle would even work as a trading option.

As for the ones concerned about Coinbase and the regulation, I would like to point out that we remember there are 2 kinds of people in the world: the conditioned, brainwashed, weak spined lazy sorts who prefer and need and desire to live on their knees and let the government tell them how to breathe and what to think, and the free minded independent sorts who "get" what Bitcoin is and always was. The reality is we're not going to change the slave minded sorts no matter how nifty (or scary) the new magic internet money sounds but consider that regulation *for the time being* is a good thing, it'll let the slave minded sorts feel all comfy and protected and not scare the crap out of them or overwhelm them, which will make it easier for them to enter into the world of Bitcoin with a safety net.

Let that be okay...they're in. Let them hold the government's hand awhile til they get involved in the bitcoin reality enough to learn more about it and once they "get it" they'll easily recognize the simple solution to ejecting the government intrusion and take it offline, local exchanges, p2p trades, offline wallets, etc.

Let's focus on getting people from both camps into this camp and then wean them off the nanny state. Coinbase will make it really easy for the newcomers. It's a good thing!