Looks like Mt. Gox's price has stabilized pretty nicely...

[mpfrank]

A big HA-ha! to everyone who said that Bitcoin was dead, or too volatile.  After running this gauntlet, Mt. Gox and Bitcoin will be stronger & more secure, more stable and resilient.  I think the hackers did us a favor - we'll all be better for it in the long run.

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[BTC Economist]

No volatility = no speculators -> no market -> bubble implodes

[hamdi]

yeah, also www.tradehill.com market prices pretty much match www.mtgox.com prices.

[RandyMarsh]

bought 800 ฿TC at $14.27800 

[MoonShadow]

I think the hackers did us a favor - we'll all be better for it in the long run.

Some people did pay a high price for the learning curve.

[Serge]

No volatility = no speculators -> no market -> bubble implodes

too bad market did not agree on your fundamental price estimate, maybe next time

[Joise]

No volatility = no speculators -> no market -> bubble implodes

Speculation surely is one driver.

Another is, according to quantity theory:

Less volatility
-> more confidence of merchants and consumers
-> more real commerce
-> more real value moved
-> higher valuation of the unit.

And this driver is the one which is important in the long run.

[GeniuSxBoY]

Mt Gox charges a small fee (0.00%) for each trade.

love love LOVE it!

[padrino]

Have you noticed the orders on the books right now, someone isn't going to let it fall..

[Jack of Diamonds]

bought 800 ฿TC at $14.27800 

You just had $10k dollars lying around on Gox before the hack?

[Frank White]

good stuff marsh :}