Question is, who will sell at 400-700 if gox fixes their shit again?

Why did they do that? I just checked myself and it really is there.

I just can't understand why the hell people are still using gox... Just GTFO from there, thank you

Goat should come here and tell what he thinks about gox

what was that? Sharp knife on all three major exchanges at the same time?

There is volatility because the price is almost exclusively speculation. That's a feature, not a bug. The speculation feeds capital indirectly into Bitcoin infrastructure.

I would tend to go along with this. Bitcoin is way out in front, so far in front of the rest that it would be hard to imagine any of the rest catching it now. However, I am also acutely aware that practically none of the big internet based companies that were around during the tech bubble, are market leaders these days or even still around. Without knowing a great deal about the technology I don't suppose it would be beyond the realms of possibility that there turns out to be some design flaw in Bitcoin that eventually renders it untenable over the long term. Perhaps the computational power required to keep the Bitcoin universe functioning will become to great or perhaps someone will crack the algorithm and start forging coins. Who knows, but history tells us that New Invention mk1, never lasts the duration and improvements are always required for a concept or technology to succeed.

I smell trap too, as before the crash the rally weakened around 1200.
So unless big money pours in, new ATH is improbable in the coming few weeks and this price will be unsustainable.

My prediction for the rest of the week: Rise with slow volume until Wed, then choppy downtrend to 600s, making it hard to see if a certain figure is a buying of selling opportunity.

This is the speculation sub-forum, lucas.  What I wrote certainly may not be true, and I acknowledge that in the original post.  But I don't see how this is bullshit.  Do you think the great whales of bitcoin want to harm it instead?  Perhaps they wouldn't do what I describe, but you must agree that they would act to *support the bitcoin system* because their fates are intertwined.

no
zoom out.
its still crashing hard
sell me your coins now b4 its to late!

Predictions?

Guys im disappointed at the lack of MEME's during this crash, there were far more during the rally, lets be fair now!

I only see 2: you can't tell if this is the bottom, yet.

Quadruple bottom?

Bullish as fuck.

LMAO @ 959 buy wall.
If that guy had any intent to buy, hes todays BIGGEST MORON.