BitStamp prices dropped like a rock, hitting $79, and now I can't access their website:

Panic Sell brings price down to $120, they stop trades, and now BitStamp is down to $79 per BTC.

Will you trust MtGox after today?

Just sayin...

So they are updating their servers to fix lag due to a lot of new members?

If they really fix this lag with the update they are currently doing, and consistently have no more (major) lag issues, then confidence will rise, and so will the price of BTC. After all there is a flood of fresh money coming in.

I can't access their site

So MtGox in last 24 hr had 235k volume in trades?

Whats the highest its ever been?

The more people that get in on this can only make the price go up.

Hopefully the panic sellers will realize their retarded decision and hold onto what they got next time, instead of selling low, and trying to buy in again when its high.

Central Banks buy up BitCoins to drive up price, then dump BitCoins to crash price, then show victims on TV that lost all their money in this false flag attack, and then make “Consumer Currency Protection Act” that outlaws non-central bank currencies such as BTC.

http://www.infowars.com/how-the-looming-bitcoin-crash-will-be-exploited-by-globalists-to-outlaw-decentralized-crypto-currencies/

Well, I enjoyed it while it lasted. Time to cash out while withdraws to bank via wire are still possible.

BitCoin is just too similar to Stock Market.

You buy X shares, even fraction (decimal) of a share/coin.

Then you sell, and calculate your loss or profit.

One thing that makes it different is you can mine coins, which you can't mine Stock Market.

How would you calculate a loss when mining, save your utility / electric bills?

Took 3 days to get bank 'validated' for wire, and now I can just type the amount to withdraw and hit confirm.

So the balance got taken out but I don't see anything in the transaction history about it.

Only got email that a withdraw was made but no amount.

Anyone else withdraw from MtGox via Wire after getting validated? How long does it take or what type of confirmation do I get that its on the way?

... is because the value of the US Dollar is going down.

So the first wave of hyper inflation may have been when Cyprus banks got looted and then everyone that wanted BitCoin had to wait 3 days for wire transfer to clear. Soon as that happened all the new people bought up BitCoins at current price and skyrocket the value.

Now we might get a second wave of hyper inflation? Imagine, seeing BitCoin rise from $40 to $147 over night (due to Cyprus). Now a 2nd group of people want in on the action. BitCoin value seems to have settled around the $131-$141 for last 2 days, and just today the value has skyrocketed up to $154 high value! I think we're going to see a 2nd wave of hyper inflation, and its happening RIGHT NOW!

I was waiting for prices to come back down in the low $140's so I could buy in a again to make a 1-2% profit, but might have to bite the bullet on the new $152-$154 current price, and ride the wave up to $200-$300 per coin.

What are you all doing? Waiting or jumping in on the bandwagon?

After selling some coins today, the price keeps going up up up, and I'm waiting for it to dip down just a little bit so I can make another 1-2% profit again.

Never played stocks before, but this is fun.

I see on MtGox ticker some people selling 1,000 - 3,000 BitCoins. Thats nearly $450,000! Wish I had that amount to try and make 0.5% - 2.0% profit with, would be a couple thousand dollars a day!

Playing with X amount which is nothing more than I'm willing to lose so its all good.