When you're long bitcoins and have watched them fall a very long way, any news is good news, no matter how unlikely.

I hear Muammar Gaddafi was found with a USB stick in his possession.  May have contained a wallet.dat...

I would like to see a stock that has fallen 99% and then been bought and revived on a massive scale.  Government intervention because the CEO declared his business 'too big to fail' not included.

Looks like bitcoin has reached a plateau of high stability.

Unless the investment manager is very up front about the risks involved and acknowledges investors can lose their entire investment at any time, it has all the hallmarks of a scam.  Any return of over 10%pa needs to be approached with special caution.

If the manager truly has a special secret way of playing the market they wouldn't be advertising it.  They would keep it quietly to themselves while raking in the USD/BTC.

You made a fatal mistake with your graph there.  You should have used a log scale so that the drop from $18 to $3 doesn't look so scary  

If many miners are stilling mining yet not selling their bitcoins to cover costs, that will create a massive overhang of bitcoins to sell off should the price move higher.  Anyone waiting for prices to be significantly higher than $3 will be very disappointed.

Bought one, and sold one.  The market is dead at the moment.  Little volume, no price movements.

Websockets have been dead for about a week.  Nothing on MtGox's support page about it.  Does MtGox even know, or do they care?  It seems not.

$3.75!  We're well on our way back to $10+!  I can feel it, the boom is here and it's only going to get stronger.

Maybe....

$3.25 peak, already down to $2.95.  Almost 10% off already.  I hope people enjoyed the rush.

Forget MtGox Live.  MtGox Websockets have been down for a few days now.  Tried to connect from two separate internet connections.  MtGox should get onto this quick, as it affects some bot traders.

Santa Manipulator prefers a good vodka.

When I converted bitcoins into dollars through BitPiggy and that money hit my real bank account, I declared the money as income.  Tax costs have always been included in my calculations for mining profitability.

Bitcoin is so volatile I really don't see why people want to short it.  Today we saw the price go from $2.83 to $2.44 to $3 and back to $2.64 within 2 hours.  One super spike can wipe out most positions. 

Pick any moment in time and bitcoin could be worth 20% less or 20% more within minutes.  Impossible to predict.

We're looking for more buyers to drive the price up.  Making bitcoins harder to buy can only make the price fall as liquidity disappears from the market, and those left holding bitcoins wonder if they can readily find a buyer in the near future.  It's only European accounts and not US, but still, it's a fair chunk of cash.

Interesting spike from $2.92 or so to $3.08.  Pretty much instant up and down.  Asks all dried up to that level and the bids followed, then it dropped back down again.

Everyone pulled their asks suddenly?  Unlikely.  MtGox has a bit more explaining to do.

Allegedly Japanese.  No one has met Satoshi, and it's unknown whether 'he' is a pseudonym for one or several people.  Bitcoin could have been created by a guy in Inner Mongolia for all we know, and given a Japanese name to increase its credibility.

This is just the pause that refreshes.  The price will be well above $3 very soon.  Short term profit taking at the moment.

I don't want to sound like a 'bear' all the time (I prefer the term realist myself), so there's a bullish prediction.

I remember buying a PCIE 1x to 16x adapter on eBay to use for mining (using USD$) and trying to sell it (unsuccessfully) on these forums for bitcoins.  Back then I wanted 1.6btc to cover costs.  Now I would need to ask for 8.  If I bought the adapter in bitcoins it's quite possible I would have sold it for the original number of BTC, plus whatever the postage cost would be in my currency.  It's virtually impossible to divorce one's self from every day money.  Postage in $3 bitcoins costs a whole lot more than it used to.


It does very much seem like we're replacing one semi regulated casino (share markets) with a completely unregulated casino. 

If the only way to use bitcoins would be to trade them for good or services, how do those goods and service get purchased to make the trade?  There is one, perhaps two degrees of separation at all points in the chain between bitcoins and your national currency.

Then there is the question of why anyone would want to use bitcoins if that were the case.  Why trade in a market with a few hundred, possibly a few thousand participants, where using a conventional currency means you can trade with many millions?

Merchants love the no charge back feature of bitcoins, but customers hate it.  On another BitcoinTalk forum there's debate on whether a very cheap FPGA miner solution for US$499 is actually legit.  Those people who have signed up and paid the money all say 'if it's not legit, I'll get my money back through my card/PayPal'.  I wonder if they would be so keen if they had to pay up in bitcoins.