Bye-bye, bitcoin? The crypto-currency's price agonies intensify

[CryptoCurrencyInc.com]

Bye-bye, bitcoin? The crypto-currency's price agonies intensify
http://www.latimes.com/business/hiltzik/la-fi-mh-byebye-bitcoin-the-cryptocurrencys-price-agonies-intensify-20141006-column.html

[azguard]

This is interesting article.

What is your opinion on this.
Mine is hope just hope. But they are right about 2 type of users of btc and that all converting to cash that is bad price drop cuz of it.

[bajlox]

This is why price is down more and more people are converting btc to real cash was it dollar or euro or some other.

They dont realize if they stop selling price is going up. Or maybe they try to draw there investment out or al least some of it.

[linuxnewbie]

"no one in the bitcoin community can adequate explain the price action"

Learning grammar from bitcointalk.org, I see. 

Also, I think it would be funny to compare this article with their previous Bitcoin article, you know, when they said it was about to collapse completely and talked about it in the past tense.

[amaclin]

"no one in the bitcoin community can adequate explain the price action"

I can.
I am very sorry, but it is difficult for me to explain it (for free) in English to everyone.
Some thoughts are here: https://bitcointalk.org/index.php?topic=805827.0
Now you should use your brains to go forward.

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.#

[SW725]

"no one in the bitcoin community can adequate explain the price action"

Learning grammar from bitcointalk.org, I see. 

Also, I think it would be funny to compare this article with their previous Bitcoin article, you know, when they said it was about to collapse completely and talked about it in the past tense.

Bitcointalk.org has been a good learning ground for me.

[allthingsluxury]

Bitcoin is here for the long term. The fundamentals are solid.

[AGD]

This type of threads/news always come up when BTC is down and they always disappear slowly when BTC is raising again.

[virtualx]

BTC going up, same thing all over again 

[JimminyCricket]

BTC going up, same thing all over again 

Dead Cat Bounce

[moriartybitcoin]

Bitcoin will rise now .. CoinBase/BTC-E price manipulation fraud is coming to an end. They sabotaged the price now they are buying.

[teukon]

The idea is far from comforting that bitcoins have sustained a major drop in value without an explanation that everyone can agree on.

To be fair, I don't recall there being consensus on the reason for the major rise in value last year either.

... Federal Reserve economist Francois Velde has described as a currency "based on an extremely complex code understood by only a few...without accountability, arbitration or recourse."

Are you sure he was talking about Bitcoin?  Sounds like AML regulations to me.