Big crash

[vrm86]

It was just another opportunity to buy cheap BTC 

[roslinpl]

It was just another opportunity to buy cheap BTC 

It was indeed.
I love those moments of panic sell.

[duhosnyul]

Time to buy.

[Holdaaja]

Time to buy.

True.

[sakkosekk]

Time to buy.

No this is the end of the line I am afraid


Nnnnnah, buying frenzy is what I am in.

[jongameson]

it can't possibly go any lower than $350

and if it does
buy like crazee

[roslinpl]

Seems like crisis is over. Price are rather moving up than down.

[hellscabane]

it can't possibly go any lower than $350

and if it does
buy like crazee

I believe the price did dip to like around $100 a few hours ago (on btc-e). But it was like literally for a minute or less. Now, it looks like $650-$675 is where most of the resistances have been set.

[BrewCrewFan]

it can't possibly go any lower than $350

and if it does
buy like crazee

I believe the price did dip to like around $100 a few hours ago (on btc-e). But it was like literally for a minute or less. Now, it looks like $650-$675 is where most of the resistances have been set.

Yeah the bots took care of the dip in short order.

it can't possibly go any lower than $350

and if it does
buy like crazee

If it does again it wont last long. IMO, These 700+ prices are here to stay unless there is some major issues. What? Well , I think if the feds started to mess around with it for starters.

[cryptoba]

It was an hard week for BTC, still always positive to see how strong it really is.
What doesn´t kill you makes u stronger.

[roslinpl]

It was an hard week for BTC, still always positive to see how strong it really is.
What doesn´t kill you makes u stronger.

Yes yes and again yes!

But if we take a look into past we will see that bitcoin has got bigger problems before.

Remember big price drop after SilkRoad problem?
Or when China has stopped Baidu bitcoin accepting?

and those are from only about half year.

Bitcoin is strong - as we can see. But there always will be some problems....
those we must fight with!

[flounderella]

The volume is too low to make any calls either way. Most serious holders of BTC are in for the long haul and there aren't many of them. If you analyze all wallets holding bitcoin balance greater than 1BTC, you'll see only 400-500K people really actually have any meaningful stake in bitcoins. Well more than half of that doesn't actually trade and is lying still in wallets around the world.

As far as Mt Gox goes, its garbage. People have been unable to get their money out for months now. No sane US resident will ever go to Mt Gox because of all the FACTA and FBAR tax implications anyways.