Bitstamp being down didn't affect the price.

[Nagle]

Well, the price is back to where it was before Bitstamp went down - around $275-$280. Bitstamp being down only had a temporary effect.

The Paycoin debacle diverted some mining power from Bitcoin for a while, but that's over. (So is Paycoin, probably; it's dropped from $20 to $3, despite GAW's claim that they were going to support the market. Paycoin seems to have been just a pump and dump.)

The $300 support level for Bitcoin has been broken. It wasn't a dramatic event, just part of the long slide.

Outlook: meh.

[Morecoin Freeman]

Almost every altcoin has been and will be a pump and dump.

Only legitimate altcoin is Darkcoin.

[piramida]

Only legitimate altcoin is crapcoin because that's a pump-n-dump I've participated in.

FTFY

[poncho32]

Well, the price is back to where it was before Bitstamp went down - around $275-$280. Bitstamp being down only had a temporary effect.

The Paycoin debacle diverted some mining power from Bitcoin for a while, but that's over. (So is Paycoin, probably; it's dropped from $20 to $3, despite GAW's claim that they were going to support the market. Paycoin seems to have been just a pump and dump.)

The $300 support level for Bitcoin has been broken. It wasn't a dramatic event, just part of the long slide.

Outlook: meh.

Do you have any idea how much the Paycoin dev made? Could dumping his stash be responsible for breaking Bitcoin's $300 support level?

[N12]

I'm really getting to feel the 2011 flair with my old friends.