That certainly has something to do with it.  That Gox situation has been extremely bad for Bitcoin. Still to this day.

http://bgr.com/2014/07/03/bitcoin-exchange-mainstream-analysis/

I noticed a lot of positive media the last 7 days. It completely changed compared to even a month ago.
Everyone feels like now is the time. Everyone is excited. Everyone but the sellers.
It's probably the best week this year and the selling pressure is sky high.
So odd.

Yes, the wrong way i'm afraid.

Resistance to 700 keeps getting bigger

We won't go up. So they will keep dumping. As many times before it's out of fear others will be dumping.

This thread is unreadable because of all the jorgeretard quotes. Stop giving that idiot so much attention ffs! He will go away as soon as people ignore him!

The difference is the 6 months of bear shit and goxxing and fud we've just had. This wasn't the case last time.
It was just good news and good news meant up.
In those 6 months people have been trained to dump on every news. It's hard to go up when people dumb in blind panic because of a press conference. Also lots of people who bought in at 700-1000 months ago and they want their money back. This is obviously something we didn't have before.

It does feel the same. There is just so much more stopping us from going up. And it sucks.
The people trying to make their money back i totally understand but those panic sellers...man.

I so want it to i just don't see it happening. So much resistance. People dump on any news. Good news does nothing. It's gonna be hard.

Ask side on stamp looks worse and worse. Might get crashy soon.

I really don't see how the price matters anymore. It's some weird obession that got way bigger than it should be.
I bet though that if it turns out to be quite low people would still panic and dump. Probably even a month from now.

That's absolutely horrible.

Somebody tell me that dumping wasn't because of that dude doing a press conference. That would be beyond pathetic.

It's ridiculous how such a small thing turned into the biggest and most important event this year.
Traders are idiots.

The train stopped moving. The auction gave it a small push up. Then it slightly crashed because oooommmg 1 winner. Now we're stuck. I might be wrong but i have the feeling people need a specific reason to buy more. Another deadline that turns out bullish. Obviously amazing news about big companies means nothing anymore.

I don't see anything bullish happening soon so my guess is we will go down again. A big dump followed by panic. Or a new round of hot steamy FUD. People soon will be looking hard for a reason to dump.
People are looking for a reason to sell. Not to buy. And that reason for selling can be almost anything. The reason for buying, almost nothing.
And i hate to sound like Tera so i hope i am completely wrong.

So you will reply to him and give him attention. Which is the only reason he is here.

2 major retailers announce they use Bitcoin. Which is huge. Price does nothing.
Fbi announces 30k coins go to 1 bidder. Which is no problem. Price crashes.

Makes sense. I bought a good bunch at its highest point a while back. After i sold a shitload at the lowest point last year. Didn't expect anything else.

Bitcoinity down or just me?

It's dump time again.

Messed up.