Quote from: Furyan (Guildminers) on April 12, 2013, 03:44:44 AM

Quote from: Razick on April 12, 2013, 03:12:32 AM

Quote from: BitBuster on April 12, 2013, 02:35:30 AM

Quote from: Exocyst on April 12, 2013, 02:24:34 AM

Why should only the architects (DDoS) benefit from the crash?

Mt Gox can't handle the load of EVERYONE (yes, you!) trading at once, the panicked traders are the architects of the DDoS. Anyone with half a brain can conclude that the best option is to be collectively sensible and calm (i.e. dont go batshit crazy selling/buying) - hence the problem.

BB.

That's just not realistic, it's not how a market works. This was a necessary correction IMHO.

The best thing that could happen to bitcoin right now would be for the price to fall back to the $20-$30 range and stay there for a few months.

I agree, ~$25 is probably it's real value, is still a doubling of the pre-bubble price. Despite what people are saying about the price not mattering for Bitcoins use as a currency, that's not entirely true: Yes if I have dollars and just exchange before purchase, but if I want to keep BTC on hand, I don't want them to be overvalued, because there is a risk of them dropping.