Quote from: zby on December 09, 2013, 10:23:54 PM

Quote from: Soopaman on December 09, 2013, 10:19:35 PM

I smell bull trap. I don't trust this level of optimism after such a quick rebound.

That said, I hope I'm wrong.

The Chinese news was quite wrongly interpreted - I don't consider it too surprising that the price rebound after people realized the confusion. On the other hand the price is bloody high.

I don´t think the news caused the crash, it was just the trigger of a healthy correction. The double top was forming anyway. 1 BTC = 1 ounce of Gold was not sustainable. And you are very right, the price is still bloody high...