I can see the trolls coming out, spreading FUD wherever they go and it's not even the weekend yet. This time, I suspect price is going to shoot up because whoever was setting the floor on $19 may have soaked up most of the liquidity prior to the difficulty level hike. So, in order to shake out the few remaining weak hands and spooked miners, Said cowboys are letting the price drop a little. Either way, we're likely to see some price movement one way or the other this fin de semana.
I'll come out and say I don't have respect for many miners as their skill set is often limited to scripts and video cards. As a group, they appear to be greedy when they should be fearful and fearful when they should be greedy. This I know: every single bitcoin I own will be worth exactly 100 bitcents come Monday morning. if those bitcents won't buy as many dollars, then that's just the price of the ticket on the trollercoaster.
Warren Buffett was here.
except Buffet only knows how to profit in a rigged market. Nobody profited more from the bail-outs than the Oracle. Nobody would have lost more if the correction had taken place as it should have.