The fundamental allure of bitcoins seems awfully ideological, so I think the idea of a decentralized, P2P exchange is the only thing that can save BTC at this point, so I've high hopes for the current projects in that area.  Anything else is prone to manipulation, which really defeats the purpose of BTC.

For those of you who sold early enough, when are you planning to buy back in?  (Are you?)

http://i.imgur.com/1V8WBsV.png?2

Can someone explain to me what the red line is doing on the cumulative depth chart?

If bitcoins crash to say 20USD, will speculators lose faith and abandon it?  Or would they just buy up as much as they can, correcting the market, and reinitiating the volatile trend towards whatever value the market might peak (and potentially stabilize) at?

It seems that most of the market relies on a sense of trust.  A trust that bitcoin will establish itself as a new currency--and if it does, a "crash" isn't even the right word, let alone a feasible scenario.  It'd really just depend on the rate of integration.  As long as we, as a society are willing to allow btc and fiat to coincide, it's just a matter of innovation

...but this all sounds a bit too revolutionary to me?  Like it's impossible for this to fail.  Think of how the internet's developed thus far:  a means of archiving (google), social networking (facebook), media/entertainment (youtube, hulu, netflix), transaction methods (paypal), marketplaces (amazon, ebay, newegg) and eventually a currency integrated directly? (btc).  In the development of the internet, there's a pattern of needs that arise and means that fulfill those niches, all of which have become absurdly successful. 

How are you interpreting this?  I'm having a rough time trying to fit this all within the right perspective.

I had that mindset initially when I bought in around 140USD, but now I'm thinking of holding until I can just spend BTC directly.  Maybe I'm a bit too optimistic that this will actually become an established currency--but if that does happen, one can't even compare the BTC market to anything else, so speculation becomes difficult.

Think of BTC being held as BTC that doesn't exist in the market.  The market only accounts for BTC up for sale, so there's a finite amount being sold at any given moment.  If more people sell, there's more BTC available to buy,  increasing supply within the market.

Years of brute force...it's like all those old tales about lifetimes in search of lost treasure are starting to take place in the internet instead of oceans and forests

Hi everyone, I'm new to this forum and bitcoin as well actually.  Bought $100 worth back when it was 140USD/BTC, hoping to day trade along the fluctuations.  Ha, that didn't really work out...I can't even keep up.  It's much more profitable to just hold lol

There should really be a notification of this somewhere, or a link to this thread under the help section, under how to post.  I was absolutely clueless until I searched "how to post," which is really a counter-intuitive workaround...