300 is broken, to never see again

[NotLambchop]

^
Lol, I'm afraid your pinup girl just ain't into you, and certainly wouldn't be seen with you in public

"Qestion:
What do you think of the libertarian movement?

Ayn Rand:
All kinds of people today call themselves “libertarians,” especially something calling itself the New Right, which consists of hippies who are anarchists instead of leftist collectivists; but anarchists are collectivists. Capitalism is the one system that requires absolute objective law, yet libertarians combine capitalism and anarchism. That’s worse than anything the New Left has proposed. It’s a mockery of philosophy and ideology. They sling slogans and try to ride on two bandwagons. They want to be hippies, but don’t want to preach collectivism because those jobs are already taken. But anarchism is a logical outgrowth of the anti-intellectual side of collectivism. I could deal with a Marxist with a greater chance of reaching some kind of understanding, and with much greater respect. Anarchists are the scum of the intellectual world of the Left, which has given them up. So the Right picks up another leftist discard. That’s the libertarian movement."--Ayn Rand Answers: The Best of Her Q&A, ed. Robert Mayhew

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[Hyena]

I just sold 10 more bitcoins and bought nubits. The good thing about buying nubits instead of USD is that if you're also a Nu shareholder you will actually support Nu while hedging against bitcoin's mid-term fall. Those who don't know, 1 NBT = 1 USD.

[Kipsy89]

We will see $300 again, if not today, we will see it maybe tomorrow or in a couple weeks time. Waiting for a solid trend-reversal and keeping my faith in Bitcoin until then. Sometimes you have to prove you've got nerves like steel, otherwise you won't prevail in the Bitcoin-world!

[minerpumpkin]

May take some time, especially a strong rebound, but we will surely see $300 again! Rather sooner than later if you ask me. I do understand that you like to buy some more cheap coins, but the price is already low enough, you don't need to push it even further spreading some FUD

[rammy2k2]

any idea if there is a reason behind this chaos ?

[st4nl3y]

any idea if there is a reason behind this chaos ?

FUD?

I wouldn't be surprised if it goes below $280 today

[Hyena]

Maybe we get to see another bear whale battle?

[st4nl3y]

Maybe we get to see another bear whale battle?

Might be the case.

I reckon we'll see $280's for a while and then back above $300 in February. Too many people need cash now. New year means new expenses.

[panju1]

Maybe we get to see another bear whale battle?

Might be the case.

I reckon we'll see $280's for a while and then back above $300 in February. Too many people need cash now. New year means new expenses.

I hope they sell their house instead of their bitcoins. 

[LOBSTER]

Maybe we get to see another bear whale battle?

Please not...just want a intensive bull run

[Addition]

any idea if there is a reason behind this chaos ?

Mad dump going off today for sure - Does anyone know what's behind this?

Some folks saying; Paycoin???  WTF IS Paycoin

Or is this just simply another massive volume related dump, then expected bounce back(short-term)?

[tss]

price only matters to speculators.  if 1 BTC = 1 BTC im still ok with whatever the exchange is in your country

[arieq]

I hope this dump is from early adopters. Transfer of wealth is always needed

a $30 drop in one day, I think its safe to say that a rebound is likely.

[Addition]

I hope this dump is from early adopters. Transfer of wealth is always needed

a $30 drop in one day, I think its safe to say that a rebound is likely.

Think most people are thinking the same mate (that's what worries me).

I'm too expecting a rebound at some point tomorrow. Business continues for me whatever the price, have a nice collection of BTC now, shame it's fiat value isn't as nice as I had hoped for but still, can't complain.

Who else thinks a rebound is a sure thing over next 36Hrs?

[NotLambchop]

...
Who else thinks a rebound is a sure thing over next 36Hrs?

Folks stuck with bags of BTC?

[DustyRah]

Not much going to happen till the block rewards halves in 2016.

[celebreze32]

any idea if there is a reason behind this chaos ?

Mad dump going off today for sure - Does anyone know what's behind this?

Some folks saying; Paycoin???  WTF IS Paycoin

Or is this just simply another massive volume related dump, then expected bounce back(short-term)?

Paycoin recently mooned to the top of coinmarketcap after an IPO that apparently made millions. Right now it's just below litecoin in terms of market cap, but it's dropped like a stone from it's top price. Nobody seems to know exactly how much the devs mad or if they're dumping.

http://coinmarketcap.com/currencies/paycoin2/

[MicroGuy]

Who else thinks a rebound is a sure thing over next 36Hrs?

The rebound will come when enough buyers are born to offset the massive network of merchant sellers.

Or when this entire community signs up for: https://www.bitwage.co/

[Xian01]

I wouldn't be surprised if it goes below $280 today

... you were saying ?

[cshelswell]

Sold at $1000 which is making me feel pretty happy now