Noobs, just because you want to buy in <$800 doesnt mean the market will follow your wish.

Thanks for panic selling.

If you don't buy right now your retarded. It won't get lower than this.

so 850 is the new floor imo.

We saw total panic tonight and yet once we approached 850 buyers started perking up.

How many times does Bitstamp need to bounce from 0.800 before people realize it's the new floor?   Every bounce (3 so far) adds to the strength of the support, and it is already in the Titanium level, comparable to molecular's left nut.

Buying at 0.800 is better EV than buying at 1.000. From 1 it can go either way, but from 0.800 it always goes up, and the 10% probability not included in "always" is only that it will dip to 0.6 for a few hours. Nothing to be scared of.