Just when we see a stable price...

[bitcl1234oinfever]

Now this is what I call a Bearapocalypse.....which is made up of a series of events that seem likely to de-value BTC.

The full effect shall not be happening until all this week.I think we can pretty much preclude there won't be any major USD flowing into Gox soon and I wonder if this has anything to do with the Coinlab/Gox lawsuit that made the authorities look into this further?

I think we can obviously expect quite a bit of selling over the next few days.

Hate to say it but I agree. I think this shit that happened here recently is going to have the people who were ready to pull the trigger wait now on the sidelines.

Interesting next few days.....

[1715315547]

1715315547

[BitPirate]

Now this is what I call a Bearapocalypse.....which is made up of a series of events that seem likely to de-value BTC.

The full effect shall not be happening until all this week.I think we can pretty much preclude there won't be any major USD flowing into Gox soon and I wonder if this has anything to do with the Coinlab/Gox lawsuit that made the authorities look into this further?

I think we can obviously expect quite a bit of selling over the next few days.

Obviously? Nonsense!

Remember this....?

Government cracks down on fiat payment method?

Bitcoin user not affected.

Furthermore the world is a lot bigger than the USA.

[Kaiji]

Strap me in baby, I'm here till we crash and burn into obscurity or until we skyrocket into our glorious final form

I agree with that sentiment. Either I'll make it or I'll die.

[bobdude17]

I think the big money is trying to hold Bitcoin stable through this conference. It's right in Silicon Valley, too important to showcase a wildly fluctuating product to investors. I think they might let go of the reigns after and it'll shoot up quick as companies start making grabs.

[randrace]

I'm bored.
Did I say I'm bored?
I meant I'm boring.

[smoothie]

BTC-E at 99. Given that Mt. Gox USD cannot be withdrawn easily right now, this is probably the best indicator of market price.

Edit: now 97.6

That is not true. Obviously you don't use Mt.Gox services.

If you live in the US, the only ways out of Mt. Gox are through Camp BX and through Coinbase, both expensive. Some find it cheaper to buy BTC and withdraw that way.

Wire transfer sonny.