new flash crash

[Ibian]

WILL it break below $1000 on gox!

$885 on bitstamp at the moment 

We need to go down further. Get rid of all the speculators. Hmm that would be single digits or even less.

It can't be used as a currency until it stabilizes. It won't stabilize until the market (the world population) is saturated. Saturation won't happen without speculation.

Speculation is good. Get over it.

[Zangelbert Bingledack]

WILL it break below $1000 on gox!

$885 on bitstamp at the moment  

We need to go down further. Get rid of all the speculators. Hmm that would be single digits or even less.

There's a difference between a price-chaser and an investor in general. "Speculator" is a fuzzy term. Getting rid of the price-chasers will take us back to mid-hundreds. Getting rid of the investors? Ha! That won't happen for something as simple as this.

[GriTBitS]

some bears are about to get squeezed the f#ck out!!!