Bitcoin down to $60 recently on btc-e

[Kryai]

Fluctuating between $60-$80.
Extremely volatile right now. When Mt, Gox reopens, it will be very curious what will occur.

[naphto]

Prices will go down when mgtox reopens, everyone willing to sell useless bitcoins for some bucks!
+ everyone will withdraw.

[wildgift]

Bitstamp was at $79, but when I tried to open an account, the website was not available.

Is it possible that these exchanges lack the cash to pay for people changing their coins into dollars?

[syn999]

Mt. Gox is down and should be resume in 12 hrs.... i would imagine some other site would do the same as the price changes suddenly

[jfish]

how long will it go?

[proper_pizza]

I'm not too worried.. if anything, this is a time to buy. It's a bit risky obviously but I have faith

[wopwop]

BUY BUY BUYBUY BUYBU Y BUYBUY UBY

[RecklessSir]

There's lots of discussion about pricing in the IRC channel on freenode: #bitcoin-pricetalk

[inter5]

Buy buy buy, BTC survived worse times, it'll reborn and those who buy now will be rich later, at least in my oppinion

[Zeke_Vermillion]

wonder if mtgox is using this downtime to implement alt coin trading?

[zacharycebu]

Wow, i would love to buy at that rate

[Bit.Trip]

Weren't Bitcoins at $13.50 each at the start of the year, before all the hype? That seems like a more accurate rate for them to be at, since they were at $10 for most of 2012. They will increase gradually over time, but it'll be years before they reach $260 again.

[RSD]

I call drop to <$50, then it'll climb back up.. but won't go as high because bitcoin newbies will be scared off..

[PeregrineT]

So, is there a reliable, accurate, up to the minute chart on BTC trading and volume?  I have yet to find one...

[proper_pizza]

^Not sure, I just use this one: http://bitcoincharts.com/

(Hey, it's the newbie forum after all)

I could waste a whole day just checking the charts.. hehe.

[Fiyasko]

There was recently a supposed Hack on the accounts at BTC-e, there is talk of it being an inside job