Euro-push!

192.9!  Go go go!

Yeah, would be a good time while America is going to bed, and Euro is sleeping

P.S. 192.5$!

I know! That's exactly like the extrapolation picture above! I just found it funny though

They lag even in subscriptions 

So, from this graph, if I extrapolate, I can see that by next week-end we'll hit 500

I'm gonna sell all now!  Too close to 1000...  Just a few hours left

Damn, you understand me way too well

I just wish  I guess you meant $0.19 per mBTC!

Well, simply imagine that tomorrow, the price drop dramatically because people think that the price is overinflated.  Then, what is the "reasonable" level that people are confident with?  50$? 100$? 150$?  The point is that past a certain point, people will just say "Hey, that look like fair value".  If it goes lower, people will buy.

Now, what is this fair value, well, first, before finding a number, we must understand what it means.  The whole concept of "fair value" means something different for each individuals.  For some, it's a number that grows steadily, not too fast.  For others, that is based on speculation (or, what Bitcoin technology is "worth"), for others, it's something completely different too.

Now, we have as many different meaning as there are "investors" in Bitcoins.  But all of those people, when selling (panic, etc.) will want to still be in the game (unless you completely lose confidence in Bitcoins and "retire").  So, when there's a "flash crash" as we've seen too often, to stay in the game, everyone agree that you must not wait too long because someone else will stop the fall.  There are after all thousands of people waiting deposit, verification, etc. in the exchanges, just waiting to trade fiat to BTC.  So, each time we see a dip, not long after we see it stop.  Then, it raise again and then people panic buy (to stay in the loop).  This have been proven on several occasions, even under extreme price inflation.  I do agree that prices raise too quickly

So, Bitcoin economy, although it was not envisioned, it pretty resilient.  When we pass a psychological threshold, then it's done.  There's no turning back.

It's no longer 2011.  The pool of people adopting Bitcoins is much larger.  Many more coins are at stake.  Many more dollars are invested.

The only thing that could "kill" Bitcoin is a technical flaw, like the chain fork we saw.  However, thankfully it was identified and discussed promptly.  People did understand the situation and it was easily resolvable.  So, unless a fatal flaw is found, I think Bitcoin is here to stay, exactly because it means something different to each person

Well, that's my 2 cents...

That's called "resistance"   Once 200 is passed, it will be done, and we'll think about 250   Same happened with 50, same happened with 100.

Someone is manipulating Bitcoins, and want price to drop...  1500BTC wall...

Here we go again, someone pull the price down by 2$ and lag goes up 2 minutes

Still less expensive than buying them in Canada with Virtex...  For example, you currently have to pay then 206~210$ (Price is now 190$ on Gox).  If you can transfer to BTCe, it's 175$ there!

Bitcoinity roller coaster!

One of 2 things...

- This thread will be the start of a long discussion
or
- This thread will soon be forgotten when we go back above 200!

Let fate decide.

EAs have nothing to lose...  The pizza is still worth over a million

I think the "correction" was inevitable.  It was predictable and I started to wonder why it just would not happen during last weekend.  Well here it is!  It will probably stabilize a bit and then rally up over 200+

Question is, now, will proudhon owe 2BTC to someone else? (No hard feeling proudhon)

That's what I thought!  Put buy price at low value and wait for profit 

So, mini flash-crash, or the bubble just popped?