Quote from: humanitee on December 18, 2013, 03:07:58 PM

Quote from: MatTheCat on December 18, 2013, 03:03:56 PM

Quote from: dg2010 on December 18, 2013, 02:58:18 PM

I'm very confident that $400 was the bottom. As you say, historically post crash we seem to trend down towards 2x the pre-crash price.

These are great times to trade. It's low enough that I'm confident that it will recover to a ATH within 8-12 months, which means at least 100% gain in my holdings and it's moving quite a bit that I can try and snipe some additional day trading profit.

If it goes to $200 well I have enough FIAT to snap up a decent chunk of coins but it's simply not happening. $300 is even way too cheap right now.

What don't you understand about 44% of the Bitcoin market being forced to liquidate their positions by their government?

FUD. Chinese can keep their Bitcoins, they aren't forcing them to sell them.

Where did you get 44% from? Was it from FUD article? You cannot really say that 44% is on Chinese hands, what a pile of shite.
Chinese can keep all their coins and use localbitcoins or buy services with them.
And the Chinese Govt was pretty lame, they will come back in a few days/months/years with regulations and there will be a second chinese bubble, wait for it