I have suspicioned this for quite some time. Especially after the crash to $350, then there was suddenly news that the PBOC was NOT banning bitcoin. This all sounds very suspicious to me, and very much like there is some inside market manipulation happening.

really.

compared with $1200, $400 is a great deal. Especially when the majority of holders think it is going back to $1000+ and possibly $10k, then $400 is a great deal.

Oh sad, I cannot vote. Yes I give it a 70% chance that it was the bottom considering the price now. If the price was sitting under 400 for the past day, then I would say No, it's going lower, but since it climbed up to 420-440 and has held that range, I think it is unlikely we'll retest 340-350 (unless of course, another HUGE piece of bad news ... like Jesus Christ sells all his bitcoin, or something).

So you're predicting a large spike from the 15th to the 16th? I guess this is reasonable. I bet it won't spike on the 15th though. The traders will probably need a few days to regroup their thoughts after the exchanges officially close. For example, look at the stock market after it re-opened right after 9/11. It dropped the first day, stayed low for three days, then climbed back up. Three days is the key.

I've been dreaming about that technology for years. Too bad I had laser eye surgery and no longer need glasses!

We are seeing quite a bit of buy support after that dip to 350, so I doubt it'll make it below that. Unless bitstamp or coinbase decide to shutdown. I bought yesterday at 430, wishing it would go back down below 400, but doubtful. I think we hit bottom.

When I used to trade Forex, I did it with the mindset of a hodler. The problem was that the trading company I was using didn't really like that mindset, especially when they were letting me trade with a 50:1 margin. They automatically closed all my trades once they lost over 50% of the account value. It's really to bad, because if I had held for year, then eventually my account would have gotten out of the red zone.

I thought OIL was the Gox of fiat? I still feel like I'm taking it up the ass every time I fill up my gas tank.

Oh, I see, the more miners, the more difficulty, the higher the payout

We already had windows 95, why did we need windows 98, or xp, or 7, or 8? We already had rotary telephones, why did we need touchtone phones?

Cryptocurrency is just the natural evolution of an increasing technological age. Pretty soon paper bills will be obsolete and worthless. Most people don't want to carry around a wad of bills anymore. And fiat transactions are so cumbersome and often time consuming. It often takes 5 days to do a banking transaction, even within the same country. But a bitcoin transaction is done often in a manner of hours (or sometimes only minutes).

I panic-sold all my bitcoins when the price was still around 680-700, and now I'm glad I did. But I've been buying ever since then. I cannot forsee anymore panic-sells in my personal account, but maybe some panic-buys. Like if the price dips to $350 again (or even $300), I think I'll be frantically trying to buy.

Well, I have a question: If I choose to buy penny stocks instead of investing in Boeing or Costco, then does that hurt Costo's stocks because I'm not investing in them like I could be?

It's all a gamble. Buying bitcoin is a gamble. Buying litecoin is a gamble. Everyone is just trying to figure out the best odds of making a few bucks a year from now.

Bankers globally probably feel threatened by the existence of cryptocurrencies. Their decision to disallow bitcoin only means that they believe bitcoin is strong enough to potentially jeopardize their own business.

There are sites like bitcoinfog that will put your coins in a tumbler. If a coin washer was not used, then in theory the transactions could be trace, but I'm not sure.

What is it?
Nobody really knows, but you make them on your computer with those spinny fan heater thingies.

Who is it for?
Martians. You must forsake your measly earthy existence if you want this coin (or just buy them on cryptsy)

Coin Parameters:
Infinite number of coins
New algorithm: bullscryptshit256
Block target time: 100 Martian years
Block reward: unknown
Difficulty retargets using Mars Gravity Well
103% premine to be distributed to the residents of planet Mars (the rest are for earthlings to fight over & maybe start a war)

IPO:
1NEq6WSRjA25r8U4EHpnbMpD3tPkpBCNks

(Once I get 100 bitcoins, then I'll start looking for a programmer to write the code for me).


Disclaimer: We are not affiliated with the Marscoin team. They are, in fact, earthlings.

I'm not sure about Russia, but I have my theories about China: I think it is a conspiracy to buy cheap coins. I bet they're scaring the world into selling and when they have bought up enough coins they will revamp and say, "ok, exchange is on again"

Do you have a cloud mining site you would recommend that one could actually make a profit from?

I'm willing to bet if you saw a penny on the ground you would not take the time to bend over and pick it up. But you might spend 5 minutes figuring out how to get that 0.00001 bitcoin into your own wallet, which only worth a fraction of a penny.

I'm watching this coin. I'd like to try mining at the launch and see where it goes.

You're taking a risk storing coins online. Websites come and go frequently. Exchanges come and go. I've lost coins when exchanges have been hacked or taken offline. I wouldn't trust any paperwallet site to keep my coins for any length of time. You're always better off keeping your coins on your computer. Even with a strong exchange like bitstamp or coinbase, I trust my computer more. If Mt.Gox could fold, then any of the exchanges could fold and you could lose it all.