So what do you think guys when we hit $1000, will it be like when we hit $900 the first time, with a 30% correction, or will it be like when we hit $900 this second time, with a huge pump towards around $1030?
So what do you think guys when we hit $1000, will it be like when we hit $900 the first time, with a 30% correction, or will it be like when we hit $900 this second time, with a huge pump towards around $1030?
90% correction to double digits
I would like a 10 min flash crash to double digits to buy some more bitcoins! Then back up to 4 digits

A question what if people start "losing" bitcoins to hike the price up. Is that possible? That could be a problem in the future if it becomes a normal practice. Is there a way around that?
People have done it with fiat, I dont know who is crazy enough to do that with bitcoin!
http://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Quid
Yeah this is crazy, I have just seen somebody buying 1000 BTC and then somebody (most likely the same person) selling 1000 BTC. Volatility is going to be scary today.
Few minutes ago somebody bought 250btc on stamp... with 0% fee, it's a perfect time for arbitrage + gox announced today that their bank doubled the limit for SEPA withdraws.
What are you talking about? Gox dropped fees, not Stamp. I can certainly see them in my order book
Yes but maybe he is taking advantage that there are no fees for BTC withdrawal on Bitstamp. So he can send them to Mtgox to sell them.
Wow, big buy
2500 BTC!!! Some rich people want to make a crash
Here is a rather sloppy illustration of the algorithm trading pattern, but it gets the point across.
Very nice illustration actually. So the point is that somebody is pumping the price and then selling to make profit and repeat?
This price manipulation is not good for bitcoin

how am i supposed to sleep when i can just make money???
I just sold again at 1160 and bought in at 1100 i don't understand why there is free money being handed out
LOL it is risky but you can always take advantage of this price manipulation.