A few words of advice: if going outside wear boots. I just got back from a walk and there is quite a bit of blood in the streets. Between that and all the rats leaving the sinking ship, it's a mess out there!

Oddly, after someone posted that GIF of a bear scratching his nuts, there seems to be an erection in price.

Blast off! Buy to 460 and plop their wall up.
Edit: the wall was bought already. We need sturdier walls at this price point.

Over the years here is the general trend, if it matters:
1) price generally rose, with early-week being strong buy days. This was apparently because cash sent to Gox anytime during the week often became available in one's account Monday-Wednesday, and people bought as soon as their cash hit their account.
2) this got slowly pushed back until Monday became (and I believe statistically may still be) the strongest buy day. I have seen statistics posted here several times with either Sunday or Monday as highest buy days, Thursday biggest sell days.
3) so gradually people started buying late Sunday night in anticipation of Monday morning. They had been storing cash to front-run the coming buys.
4) this was fairly quickly pushed back further until many buys started happening @ noon (EST) Sunday
5) around the time between #3-4 the Chinese entered the market in larger numbers. Whether it is the cause or not is unknown but larger buys/sells began happening between 2-7AM EST (when the West was apparently sleeping).
6) With the rise in popularity of Bitcoin, skyrocketing price and amount/impact of news it seems harder to find a general pattern in the buys/sells but perhaps Sunday remains a sentimental day for action.

Hold tight, Bitcoiners. Do not despair. Even if it dips a little more there seems to be tons of support at $1.

I don't make many predictions but I'm going out on a limb and say that my maps and charts show it is unlikely we'll see $250 within the next 5 minutes. So, it's great news all around.

There's a Monkeycoin?!?

To understand why Bitcoin is being trashed right now:
http://www.youtube.com/watch?v=WfGMYdalClU

$8 would be better.

I'm thinking of leaving civilization behind. I will take with me only an abacus (so I can continue using Bitcoin), a hatchet, pack of Fritos and a Gatorade. I will head deep into a forest, turning my back on this preposterous world to live wild and free with hedgehogs and beetles.

What has caused this reasoned and rational decision? As if it wasn't enough that "literally" now means "not literally," CNN's front page has this story: "Who Has the Best Butt on Prime Time TV?" Clearly the U.S. teeters on the verge of total disintegration.

Sounds like a girl I once knew.

Let no one say Jorge Stolfi is not the generous type.

Thanks for indulging me!
http://en.wikipedia.org/wiki/Indulgence

A fake diamond kept in the folded handkerchief of Al Pacino?

2 opposable thumbs up!

To the tune: Let It Snow!
https://www.youtube.com/watch?v=kMpB5rjdxKg

Oh the news outside is frightful
But the coins are so delightful
With no idea on price at all
Let It Fall! Let It Fall! Let It Fall!

It doesn't show signs of stopping
And I've bought some corn for popping
We'll keep a close eye on the wall
Let It Fall! Let It Fall! Let It Fall!

When I finally say good night
How I'll hate being away from the charts
But if I hold my phone really tight
I'll be awakened by the alarms

The price is slowly dying
And, my dears, we're still a-crying
Volume has slowed to a crawl
Let It Fall! Let It Fall! Let It Fall!

Big news brewing?
https://stripe.com/bitcoin
http://recode.net/2014/01/16/twitter-gets-serious-about-commerce-nears-deal-with-payments-startup-stripe/

Stripe testing Bitcoin. Twitter nearing deal with Stripe. Mayhaps Twitter begins Bitcoin tipping?

I can't believe Podyx made this info public after I specifically asked him not to. Dirty rat. To the moon!

Ouch, sorry. It is kinda interesting times though; a non-whale dude can go invest in a casino. Kinda neat.

Ostensibly it means "you're about to get fucked."

Closer to the truth, however:
"I recently sold some coins. There's a bit of fear in the air and I'd like to add to it so the price will drop some more and I can buy my coins back more cheaply."

But please do not share this info with anyone or my tactic will not work as well.