Will we ever see double digits again?

[zhalox]

I wonder if proudhon bought yet 

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[muyuu]

These are very cheap coins right now. Thank MtGox's incompetence for this opportunity to buy in the high double digits.

[M4v3R]

These are very cheap coins right now. Thank MtGox's incompetence for this opportunity to buy in the high double digits.

Let us know at which price you did buy. Unless you fear to be ridiculed later.

[hgmichna]

We will see double digits again.

Yep

And pretty soon too. I had thought the decline would be somewhat slower.

The lesson is once again that when the bubble bursts it is difficult to impossible to trade before the price sort of stabilizes at a much lower level.

Fortunately we knew this in advance. If I wanted to blame myself, the only fault was that I still underestimated the stupidity of the trend followers. But bubble peaks are notoriously difficult to predict with any precision.

[muyuu]

These are very cheap coins right now. Thank MtGox's incompetence for this opportunity to buy in the high double digits.

Let us know at which price you did buy. Unless you fear to be ridiculed later.

My most expensive coins were priced at ~$141 and the cheapest were ~$8 or mined.

Your point?

Maybe you are one of these buying always at the very lowest and selling at the very top (= liar).

It's time for the believers. Day traders can go die in a fire 

[No 1]

Signs point to $30 very soon

[M4v3R]

My most expensive coins were priced at ~$141 and the cheapest were ~$8 or mined.

Your point?

Maybe you are one of these buying always at the very lowest and selling at the very top (= liar).

It's time for the believers. Day traders can go die in a fire  

At least you have the courage to tell others your position (i.e. to put your money where your mouth is). Most bulls here don't, they only spam the forums about how wise they are and how dumb the bears are.

I am neither. I believe that Bitcoins will be successful, but I also believe this has nothing to do with its price. They will be successful at $1 and at $1000.

[hgmichna]

[…] I believe that Bitcoins will be successful, but I also believe this has nothing to do with its price. They will be successful at $1 and at $1000.

I like this statement. I believe this also. Bitcoin is the first independent, international, digital currency. This grand idea will not go away again. Even if bitcoins outlive themselves, something similar, better will take their place.

That said, I still think we need some good speculators to dampen the price movements, in other words, buy low and sell high. We need them to throw out the many idiots who are damaging bitcoin's reputation. The money simply flows from the pockets of the destabilizers into the pockets of the stabilizers. It always does that.

[Gordonium]

Today or tomorrow will be probably a last time to buy in a double digits. Even if/when there will be future crashes, it will probably never crash below what happends yesterday.

[Crazy]

Today or tomorrow will be probably a last time to buy in a double digits. Even if/when there will be future crashes, it will probably never crash below what happends yesterday.

Pretty sure I've read this before.

[BitSlut69]

bitfloor is back to triple digits. That didn't take long at all

[Gordonium]

Today or tomorrow will be probably a last time to buy in a double digits. Even if/when there will be future crashes, it will probably never crash below what happends yesterday.

Pretty sure I've read this before.

Well I might be sometimes wrong in a short run, but it is the long run that matters.  And I think that it has never looked better in a long run for BTC. When people just understand that BTC is digital gold, not digital dollar they will also understand volatility better.

[Wuji]

Today or tomorrow will be probably a last time to buy in a double digits. Even if/when there will be future crashes, it will probably never crash below what happends yesterday.

Pretty sure I've read this before.

Well I might be sometimes wrong in a short run, but it is the long run that matters.   And I think that it has never looked better in a long run for BTC. When people just understand that BTC is digital gold, not digital dollar they will also understand volatility better.

And MtGox which is what matters currently doesn't seem to much want to break past $90.

Will we see triple digits again is the new will we see double digits again. 

[proudhon]

I wonder if proudhon bought yet 

I'll buy again when it looks like the bottom is in.  It isn't.

[lebing]

I wonder if proudhon bought yet 

I'll buy again when it looks like the bottom is in.  It isn't.

Let me guess, the bottom is $2 right