Quote from: Aztec on April 13, 2013, 02:20:07 PM

Hi all

What an exciting weekend for BTC. Sad that it dropped a huge amount but it's still higher than it was about 8 days ago and seems to be staying around the $100 mark.

Many people said that once it recovered to $100 yesterday that there would be a mass panic sell but that didn't happen as far as I can see.

If it stays around $100 into next week and for the next few weeks, I think it is very positive for the future of Bitcoin as a currency. Some people seemed hell bent on manipulating the market and using harmful DDoS tactics to do it. It looked like it was going to crash and burn but it hasn't. So there's one in the eye for all the detractors.

Long Live BTC

If we end the weekend anywhere around $90+ I'm expecting a steady rise to continue. There are a lot of people who sold during the crash, that are waiting out the weekend to see what happens. Once new money starts coming in on (and there's plenty of it), the price will rise and people will buy back in.

Every sign I've seen is still pointing up, regardless of the panic sell off. Google trends, media coverage, mtgox queue, growth on the bitcoin subreddit and on bitcointalk, all are higher than they've ever been.