Quote from: Bitcopia on December 07, 2013, 05:31:31 PM

Quote from: bathwater on December 07, 2013, 07:28:14 AM

Quote from: Bitcopia on December 07, 2013, 07:05:57 AM

Quote from: Mirsad on December 07, 2013, 06:23:13 AM

Normally the crash is way slower ~~then~~ than this!

No. It's not.

It's been 46 hours since the crash started. Price has gone from (Bitstamp) $1,133 to $667. So, after 46 hours current price is about 59% of price at beginning of crash.

The April crash went from $266 to $50 in less than 36 hours. So, in less than 36 hours price fell to 19% of it's price at the beginning of the crash.

We won't see double digits unless Bitcoin fails, and I highly doubt that happening any time soon.

its falling......... double digits doesnt = fail. or are you stupid ? worst YOUR A NON-BELIEVER !!
you sir are trash.

I'm an absolute believer. I have already built a business and am developing another business around the Bitcoin protocol. What have you done other than troll this board with poor grammar and thoughtless comments for a couple weeks?

Bitcoin won't see double digits again because too many people with deep pockets are understanding its capabilities. If it reaches double digits at this point, that would signal that there is a significant problem with an underlying principal and another alt currency corrects that problem. As I said, I highly doubt that happening any time soon. I highly doubt that happening ever due to the resiliency of the protocol and its stakeholders interest in self-preservation.

poor grammar doesnt exist here on the internet. so if youre going to correct a [your to you're] you might as well correct the capitalization, fragment sentences, run on sentences, and seek a monotone; good luck.

back to coinage, those who heavily (deep pockets) invested in bitcoin could easily be supporters with cash or speculators looking to gain from the next bubble. but the idea of v.currency doesnt end with bitcoin's failure. nor does it mean bitcoin will end if it falls to double digits. which may still happen some day. but likely wont. but as more panic selling occurs a larger portion of bitcoin will fall in the hoarders pocket. there is a point where the market can suffocate due to greedy bogarting and the price, even without much exchanging, can still stay stagnant near 1000$. look at rent or property buying. the price is inflated even so in a failing market. im suggesting the failure of bitcoin can come with a high usd value. while YOURE misleading bitcoin double digits = failure.

btw, i havent invested in bitcoin, just admiring the technology + currency + idealism orgy soup. but i can be informative to a city. just getting what bitcoin is and can be. as of right now i see it as an ideal belief that is manifesting into a stock option. and currently it is a freight train that breaks on a dime.