I'm guessing they just did a final clear of orders. I now show a best ask of $50 and a best bid of 0.0001

IF it goes to 0...you double your money shorting. If it goes up big time...you a big time f'd in your anus.

One could argue that a price increase because of a difficultly increase already got priced in from it hitting $10 and change until now. In the new york stock exchange, stock prices typically move based on estimations and expectations of future events. Since the difficulty change is known in advance, those that believe that will cause the price to go up would buy in as soon as they know of the difficulty increase. Why would one wait until the difficulty increase actually happens to buy in if that is your reason for buying (more)?

I'm currently waiting for dwolla to make 2 small deposits so I can verify my bank account...THEN transfer funds. Would love to know as well...but can't vote myself since I haven't done it yet

Yup seems to be back up and running now. Dropped to about $19 but back over $20. So no big move either way in the early going here...

This? http://bitcoincharts.com/markets/mtgoxUSD_depth.html

I'm not getting my expected entertainment today watching the volatility though :-(

Once MtGox is back to all systems go do you think there will be a hard fast move in either direction? As in quickly go from $20 to either $15 or $25 in a matter of say 15-30 min?

Checked multiple forums outside of the newbie section and at quick glance didn't see any threads/topics about it. Weird.

Seems tradehill is working though and a short while had a trade as low as $14? (USD)

Is it just me or has the price not updated at all for like an hour?

http://bitcoincharts.com/markets/mtgoxUSD_trades.html shows '-' volume and such for 15min and 1hr.
http://mtgoxlive.com/orders has just 1 'bump' in the price in the past 73 minutes

What's going on??

Since it will be a few days before I can buy any...I'm hoping for a high of single digits Seems like a lot of buy support around $10. If it hits $9.99 though, who knows what can happen. On the flip side, the sell orders seem small/weak...1-2 cash heavy buyers and it can jump several dollars in minutes. If I could I'd make an initial buy 'now' and then average down if it finds a way to go lower.

I THINK you can go up to 7 over without getting pulled over...but who knows lol. Probably depends on what kind of day the cop is having :p

Yup...don't forget your water wings! lol

Did any heavy duty minors move into an apartment with utilities included? lol

I know it's a 'worldwide' currency but with this much volatility a 24/7 market doesn't seem like the best way to go but probably no helping/changing that. Even if it wasn't I guess we'd still have big gaps up and down...pros and cons no matter what.

Would be better if they just didn't let people with less than a certain number of posts to start new topics/threads. Oh well

I wouldn't at these levels...but are there easy ways to short bitcoins right now. I know I've seen mention of options and such and that tradehill should have an options market in the near future.

Yea...I of course don't plan on going 'all in' all at once. Segment my buying and average down if necessary. Under $12 currently looks like a great spot to make the first buy though. Then buy another block around $10.50. Maybe more at like $10.05. Then if $10 were to fall play it by ear :p

First thing I read. Just caught wind of all this 24-25 hours ago

I just setup a dwolla account today so need to first wait for them to make 2 small deposits to verify my bank account. So I probably got several more days before I can do any trading. Hoping it doesn't have a huge bounce/rally back over $20 or $25 before I can get some.

If the volatility doesn't decrease some soon I don't know that I'll feel 'safe' going to bed or even leaving the house while holding any BTCs. Could go to bed with the price at $15 and wake up to $10. Maybe much worse. Seeking $2-5 moves regularly right now in 5-10 minute spans.