Quote from: NakedPony on June 08, 2014, 06:47:57 PM

Quote from: jonsi on June 08, 2014, 09:00:09 AM

Quote from: zimmah on June 03, 2014, 07:43:33 PM

I will never go lower than $500 again, probably not even $600

I don't agree. The price is in direct corelation with China market. One bad news from China makes more then ten good news from U.S and EU. One bad news from China confirmed by their goverment makes more then all the good news from the rest of the world (except if Amazon and Ebay start accepting bitcoin).

Last months we have several bad news from China but price sticked to ~450$ and didnt go lower.
Markets get used to bad news from China already.

or are free of random small Joes and remain heavily manipulated with bots trading the same coins from wallet A to wallet B without much change.