Quote from: kehtolo on January 22, 2014, 03:34:17 PM

Quote from: ShroomsKit on January 22, 2014, 03:26:56 PM

Quote from: kromer on January 22, 2014, 01:31:14 PM

BitPay are about to announce another major retailer accepting Bitcoin. That's why I am full BTC right now.

Sadly enough it most likely will do nothing to the price at this. People are extremely afraid. They don't even seem to care about good news anymore. It's like they're waiting for the tiniest bad so they can panic dump.
Newegg accepting Bitcoin - everybody is like ok, whatever
Someone in China puts out a tweet just saying the word bank account and everybody shits his pants and panic sells.
I'm not sure what these people are waiting for exactly. They just want the price to magically go up without any risk of losing a penny i think.

Not sure. I think it's what you would call market sentiment. Anyone clued up on bitcoin, or that has been following it for at least a while, knows that the China question is like the elephant in the room.
I think a lot of people, me included are hodling off to see how that plays out.

I agree that it is ridiculous that so much importance is given to China and what will/will not happen there.
For me, China is just one aspect of it. I wasn't convinced that the bubble pop had fully played out, and still expected up to re-visit ~$500 on stamp before rebounding and moving back up.
So, i'm taking a patient wait and see approach. It will be interesting to observe the market around 31st.. and the first week or so of Feb. I've got my fiat waiting on stamp to take advantage.

this.

everyone is doing this.

and selling doggy coins, if they have any.