Somehow I don't think this is the right forum for parental consultation.

Finally, bitcoin is stable.

Cancel sell orders. Withdraw bitcoins. Emptygox.

Things have changed, emptygox doesn't dominate the market anymore. China and bitstamp don't give a fuck.

Fungibility.

Thanks for sharing, S3052. Interesting data. How large was the sample though, on the 2 days?

They processed 200 million CNY? Did I overlook something?

Seriously.

I do see the possibility that my perception of Bitcoin is warped in so far as I've been watching it for a while, and during this watching it's cenceivable that I have seen an unlikely series of infrastructural failures, hacks, scams, crashes that I see the threat of longer-term Bitcoin devaluation perhaps more real than if I had joined just now. For about the first year, I was very much in the same mindset as the giddy newbies today.

However, I am not willing to bet on it.

I don't short BTC, and when I turn out wrong, I adapt, as any other decent speculator.

Yeah, let's look at it again in 3 years.

Ah yes, economic singularity. I remember how that went: http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

Oh, i just noticed your profile pic. Well played.

Here we go again.

I was kidding, it was a nod to proudhon.

I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.

Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.

We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.

Well, I guess we can look forward to single digits next year now.

2y anniversary coming right up.

Nagle? What is the endgame?