This is a repost of a post that I had made when the flash crash happened.
http://btctrading.wordpress.com/^ This link usually has good, if not the best, advance predictions on Bitcoin price
It all adds in there, but most people I know sold a lot last month so they could buy at this month's prices. Around July 24 we got a good indication of low prices that would start the first few days of August and stay low through the month. Most of us sold. It's almost time to start the buying again. And I'm ready. Once the buying starts, it will stimulate the market with all the buying transactions of the non-hoarded coins and that will help drive the price back up, mabey even higher than it was.
NOTE: Looks like some big players got together and sold a tremendous amount of bitcoin last night to create a flash crash so they could buy cheap today/tomorrow. There is nothing wrong with playing the market, that's what keeps it alive, but what these guys did last night was a very dirty move. The ritch keep getting ritcher it seems, and they don't care who or what they hurt. It would be nice to figure out who they are and get Vodlike all over those guys!!!!!
http://www.cryptocoinsnews.com/news/happened-bitcoin-price-bitfinex-today/2014/08/14?utm_source=rss&utm_medium=rss&utm_campaign=happened-bitcoin-price-bitfinex-today^Methods used in bitcoin trading. Please note there are different ways to trade Bitcoin. Not everyone trades how we are used to on the normal exchanges. Also remember that when a national stock exchange starts to crash there is a built in "circuit breaker" when it drops to a certain point but bitcoin trading does not have this safety feature yet.