Bitstamp is totally exhausted, I think there will be still some downtrend.

more fun?
 

I own this market!

I have added more to my ignore list today than in all prior history. They are probably only one person anyway.

310. Everybody enjoying the cheap coins? This is what you begged for for mo ths. Where is the party?

Good morning, a lazy Sunday morning... but most importantly $250 till the next weekend ?

Seems show is over for now. Good night from Greece, have a nice sleep.

Because?

Where does this idea come from that they at one point will start buying back?
You people keep saying that. What is this based on?

Ouch

I think a government or bank can do it way easier than this. I don't think that's what happening here.
I have no clue who else would do this and why. It's just that i can't find another plausible explanation for this market behaviour.
Maybe our mod who kept crying how there is no manipulation can explain this to us.

Are there still people here who think the dumper(s) is doing anything else than just trying to kill the market?
If so, please show me something that will convince me this is not the case.

 

We should already realize that posters like Mah87 and Prophetx are so busy talking their book that they are lacking in a bit of broader perspective. 

Surely, if I were to attempt to argue storage of value with a narrow and limited perspective, such as within the last 10 months, I would be engaged in a losing argument.  Also, if I allowed other posters to limit the framework of BTC to just transactions of scandal and illegality and questionable morality (or at least questionable social acceptability), then I would also be boxed into a narrow set of rebuttals that I would be able to invoke to defend the validity of BTC. 

Nonetheless, we know that bitcoin has a much longer history than the past 10 months and we also know that on a monthly basis, bitcoin has been (on an ongoing basis) acquiring more and more "legitimate" liquidation avenues.  Surely, NOT 100%, but becoming broader and broader on a regular basis.  So whether bitcoin users want to use bitcoin for anonymous and/or black market purposes or for legitimate mainstream purposes, the number of venues available for such uses is expanding exponentially on an ongoing and regular basis.

Surely, the price of BTC has NOT come up yet to return to its November/December 2013 ATH - but many of us recognize that if we exercise sufficient patience, BTC prices are likely to return at and beyond those levels in the near future (could be 1 month or could be 20 months).  And, even if BTC prices do NOT return and surpass the November/December 2013 ATH in the near future, we are still going to find considerable value to have access to a variety of liquidation channels and to just hold BTC as a future hedge (so long as we continue to monitor its value, since it remains a very volatile and targeted asset class).

 So, again, whether the buying power of BTC has gone up or gone down will depend on a person's perspective of the investment timeline, and surely timing of buying into BTC may have NOT been great in the last 10 months for those who narrow themselves to such a perspective (or for those who have begun their involvement during this most recent 10 month period), which as I already mentioned, seems very incomplete and very self-debilitating in NOT focusing on the longer term value and/or potentials of BTC.

Why engage with those who are so purposefully and intentionally attempting to skew and to limit the argument? 

It's also good for storage of value, especially for those people who want to diversify and hedge their investment portfolio (hedge against the dollar and/or other currencies).