Thank god I bought back @ 85 USD     

bitcoin-central.net and bitcoin.de both at exactly € 100.00.

Everyone needs to watch this Mark Karpeles interview!

http://www.youtube.com/watch?feature=player_embedded&v=LLjlOw3TVc8#!

Key takeaways...
1) Most of the EUR and USD raised during the selloff is still at Mt Gox
2) 5M-20M USD coming in daily, only 300K-1M leaving

Consolidation under $150 I say

its not like they can afford btchcarts 

Speaking of Clarkmoody, is he getting enough tips/donations and recognition, ladies and gentlemen?

he charges for advertising as well. im sure he is good to go. ad spots always look filled

i think I've seen him change that address too

It was not a bubble! bitcoin supply is truly drying out!!! its almost over AHHHHHH!


as you can see from them color full graph, during the climb up, we had 2 stable periods each lasting over 30 hours. these stable periods have very low volume. both these  stable periods were preceded by, a crash and fast rebound.

so what does it all mean?

there are no more bitcoins to be bought! pure and simple!

"But adam look at all the volume when it dropped below 140, most of the volume happened below 90 fuck! clearly there isn't any shortage of bitcoins"

What we saw there was panic selling on a massive scale, something the market is not likely to repeat ever again! we had ~30% of the total bitcoin supply traded in less than 2 weeks! kinda crazy prices didn't fall to 30 if you ask me.

now these panic sellers are goign to be BUT HURT as bitcoin move along leaving them behind with their money, they may decide to take their $ profits and go, and i hope they do, demand is only growing, and its not like it will be raining 3,000,000BTC every 2 week....

IMHO, BUY BUY BUY  

One can interpret "the big crash" in the same way... just bigger scale (both magnitude and duration).



If we apply the same scale to what happened after the stable low-volume periods (a strong rally) the next leg up will be mindboggling. Maybe $450 or more. However, the stable period would have to draw out for another week or so to match well.