Everybody is scared and just watching. It will break soon. There has been a lot of media recently, but it takes a day or two to move money in.

This is what a psychologist friend of mine predicted: if prices go stable, speculators will miss their dopamine releases and be even more upset than when price is plunging, which is at least exciting.  Random, unpredictable, positive reinforcement is the best way to train behavior, and that has been the story of bitcoin for the past year or so.

We could use some more oil speculators in the market.

I like it staying low. I take part of my paycheck and buy a little bitcoin as I can after child support and bills. After viral smartphone apps and Point-of sales products are released, bitcoins will boom in price.

might see a bunch of buying tomorrow after 5pm. i'm not sure how long it takes for everyone else's bank to get money into dwolla, but when i talked to Dwolla on the phone today he said my Transfer initiated on Saturday wont be available until tomorrow (wednesday) at around 5pm PST. i'm sure Many buyers trying to take advantage of these low prices are just waiting for the funds to clear before they can buy.  And like i mentioned in another post, i'm sure a person working at Dwolla would be at a good friend to have if they could let you know when large amounts of money were being transferred to the hill or the gox.

Not trolling.  Genuinely bored with the market today (and to a lesser extent, yesterday)

If your "single entity" theory is true, I wish he'd stop.

Unless someone hacks an exchange and sends the price to zero or someone pledges to invest his life savings in bitcoins sending the price to the moon soon, there's a danger the excitement might wear off and people will just start using it as money. omg.

I really hope that's what a lot of the people speculating with Bitcoins think. I'm sorry this is spoiling the fun for you - but people speculating like crazy with Bitcoins is spoiling the fun for the people actually using Bitcoins and that's the people who actually give Bitcoin true value. Driving them away is one of the things you can do to assure that Bitcoin will eventually die.

So less people speculating with Bitcoins won't hurt the Bitcoin economy. Quite the contrary.

It'll become fun for you again when the dollar dies and everyone tries to escape to Bitcoin. Let's hope this happens when Bitcoin is already more or less well established. The wise thin