Crash! Down from $200 to $161 in two minutes

[Nagle]

Price is in a screaming dive. Broke through $200 on Bitstamp and crashed to $161 in under two minutes.

[Addition]

Price is in a screaming dive. Broke through $200 on Bitstamp and crashed to $161.

Is this for real? Seems like it's just Bitstamp leading this charge?

Certainly cleared significant volume over 10,000BTC in past 30min on Stamp

[DogecoinMachine]

Will be back on 200$ in couple of minutes

[Bejkn]

bitstamp is not so deep market depth

Its price has no meaning, you should reference, btc-e and lakebtc ( bitfinex with leverage, excluded )

[OgNasty]

Wow.

[RockMinerOops]

Just watched this live.....sickness.  Just won $1,800 in a poker tournament on betcoin.....and watched my winnings depreciate a ton instantly.

[Somekindabitcoin]

People shorting bitcoin are probably going crazy with their insane gains.

[Addition]

Flash movement, just like the good ol' days!

Seems to be sticking around the $175 range for now, think you're right tho mate - heading back over $225 imo very quickly? Don't think we could head much lower to $100 range (could be wrong about that, but think this is the floor)

[CanadaBits]

This is not the floor bitcoin price will be at well under a 100$ in no time..

[Nubitcoinerr]

150 now

[sam4aplex]

I knew this would happen and stopped accepting bitcoin as a primary currency

You had to be crazy to miss it ! this was so obvious !!

[illodin]

I knew this would happen and stopped accepting bitcoin as a primary currency

You had to be crazy to miss it ! this was so obvious !!

wow you're so smart when I grow up I wish to be just like you !!

[sam4aplex]

well I'm very happy I started dumping hardware and bitcoin 6-8 weeks ago.

I hope bitcoin dies , to make way for a much better currency

[Addition]

This is not the floor bitcoin price will be at well under a 100$ in no time..

Yeah who knows?   It's just my opinion $152 was the floor (at least on short-term Bitstamp). Think we'll see a rapid correction $180-200

[haploid23]

I watched this plummet to $150ish on my 2nd monitor. Exciting day.

[Nagle]

Well, things have settled down for now, around $185. That's still down $20 from an hour ago, and below the $200 support level for the first time. The bottom was at $152 on Bitstamp.

Both the US and UK are mostly asleep, and the banks are closed. When people get up, they'll have to think hard about what they want to do with Bitcoin.  Tomorrow will be interesting.

We're now basically back to where things were before the China bubble.

[sam4aplex]

Would be best to invest in copies of charlie hebdo and sell them on ebay !
 bitcoin to $100 today

[Mieehayii]

bitstamp is not so deep market depth

Its price has no meaning, you should reference, btc-e and lakebtc ( bitfinex with leverage, excluded )

although btc-e's prices low, but it always hold on every at the key moment
lakebtc is just a exchange, and it's not so much energy to stabilize prices

[sam4aplex]

I will buy a million bitcoin @ 50 cents each

[Dioptriy]

we just seen speculater haven?) 
any one got any realistic explenation about what is going on?