While we were talking about all the crazy things happening at the exchanges, did anyone notice the price almost doubled today? Nice to see it in three digits again.
So basically we learnt nothing from the last time we had rapid price increases?
Gotcha.
The only thing we had to learn was that the whole sell-off was completely irrational and overdone. Bitcoin has the potential to turn markets on its head and is going to be worth billions upon billions of dollars in the nearby future. Since it had to start at zero, a huge price increase has always been inevitable. There never has been a single good reason for the market to go down, other than a stupid, irrational panic.
+1
