Just broke $266, which was the high of wave 3. This is significant for psychological reasons
And yet, in my estimation, and the coming mean-reversion bounces notwithstanding, the bear market in Bitcoin is just getting started
Yeah but BTC-e broke it days ago.
Also Gox went to near-zero in the past.
Today is a reflection of Gox the company - everyone knows that (hopefully).
In a sense we are watching a company going bankrupt minute by minute; under normal circumstances not many people could watch such a situation unfold in such painful detail. But this is being broadcast live to the world!
You copy and paste from the other thread; I follow.