Quote from: adamstgBit on May 14, 2013, 11:32:01 PM

Quote from: Coinseeker on May 14, 2013, 11:30:45 PM

Quote from: Ultraviolet on May 14, 2013, 11:19:11 PM

Quote from: Coinseeker on May 14, 2013, 11:17:24 PM

You'll see sub 100 in the next couple hours or so. Maybe less. Especially as people who don't sit and watch this forum or the markets get home and realize they are losing big $$$ and are caught in a firestorm. I feel bad for those who aren't aware yet and have limit orders setup. Cry

Do you think it will go that far in the absence of additional news tonight? I was thinking steam would run out around the 105 walls at best in the absence of any additional multi-thousand BTC sell offs.

Yes I do, speculating of course...I think you're only going to see this panic sell gain momentum. Those walls are coming down. There's really no way to know where the bottom is and when the CNN's and others start running the story, there's just no way to know where this thing will stop. I still believe the core of Bitcoin is around the $50 or $60 mark, if it's any consolation. Retesting the lows was expected and if they breakthrough that...it's a whole new ballgame. All bets are off.

what is this news everyone is going nuts about?

The Dwolla/MtGox thing with some bully agency or wtf in the US...