Everybody is hoping for cheap coins but this is very bad for Bitcoin with the price moving like this. We'll see if the people in China that downloaded the client are willing to buy in a declining market.
Exactly. I don't get it how they act like it's a party when the price drops. It's bad.
You can buy a few coins 20 bucks cheaper. Really, that's worth potentially killing the coin?
Don't you think you'll make more if we actually let this coin grow to 300 dollars and then slowly sell them if you're so desperate for money.
There is nothing good about seeing it crash over and over again. Really nothing.
Agreed, the wild fluctuations gives btc less credibility to the masses. And continued volatility can only end up going down, never up.