Quote from: G2M on August 19, 2015, 06:48:05 AM

Quote from: TrueCryptonaire on August 19, 2015, 06:09:03 AM

I almost got heart attack when I looked at bitcoin's price.
What's going on? Is it the block size debate?
If it is, it is important to start marketing actions to bitcoin community so that they will not abandon the crypto completely. Monero can potentially save the crypto world.

It was glorious.

Initially I figured someone was dropping eth profits for fiat. But the suddenness of it all lends more to the story farfiman posted.

Just a freak crash. I can add a new feeling to my list now though.

That feeling when the btc market bounces between 180 and 250 in an amount of time long enough to at least sign into a website and click 'buy'.

'BTC 20-40% off sale' makes for a really good day.

I do not know what to think about it. Yes, bitcoin has a lot of volatility but it looks it has over years have had the volatility more downwards than upwards.
Bitcoin is illiquid at these prices so probably it means it will dive again. I hope the bitcoiners start to realize the probability to reach 1000 usd/btc any time soon (if ever) has declined radically. The block size issue will not help, especially if the community will be divided into two camps by the fork. Increasing Monero holdings/starting to convert bitcoins into Monero is becoming more and more vital these days before anything bigger happens which cannot be fixed anymore.