Quote from: acro1 on April 12, 2013, 04:52:33 AM

Everyone relax!!! We knew this would happen. MtGox is under a massive Ddos. There are powers higher up who do not like the idea of a decentralized currency and will commit a number of attacks and manipulations to kill bitcoin, but they can't!!!! Not if everyone relaxes and understands how it works. YES, there will be a crash (which we saw yesterday) and it may continue, but I am certain the price will rise again!!

Bitcoin will be under attack for a long time to come and if everyone panics and does what the powers that be want us too (panic, sell and get out of the market forever because were scared) then their plan will work. But I know too many people who will not let this happen.

Do not sell right now!!! Keep mining and holding your coin, if it falls hard, buy!!!

They can try to stop the currency and manipulate it but bitcoin will be around another 100 years my friends!!!!!

+1

imo the only way these powers can destroy this idea is to buy more than 51% the bitcoins on the market and keep doing the stuff we experience right now at mt. gox for the next decade.
besides i kinda see ripple as a try to lure people away from bitcoin.
one power in control of all currency at the beginning, and there exist 100 billions, so now and then more ripples can be pushed into the market for stabilisation (sounds like fiat to me)

the whole rollercoaster ride will smooth down exponentially with the time.

Let's think in months years decades, but not in hours and days (besides second chart in this thread is measured in 10min-steps...doesn't represent anything)