Silversale I would say your are vindicated because the price is below $550 on bitstamp right now. The gox price is bullshit and so was that flash crash on btce. If mtgox reopen withdrawals and people can get out btc and buy at $150 then fair enough. And on balance Bullion Baron; 1 out of 5 is better than zero.
Still not based on news?.oh, the chart said it. "Academic" is when I can't readily buy BTC at such and such a price.
Yep its happening.... lots of people in the US aint going to sleep tonight. Oh wow bitstamp, coinbase, kraken,blockchain, btcchina have released a joint statement saying Mtgox is insolvemnt..
A momentary blip up in a downward trend Scary amounts of cold coins are being moved around at the moment....
BTC chart is looking similar to the PM market run up and down, except the BTC market has managed to shrug off a few broken parabolas already.... this needs some up dates silver sale
Not a price prediction but it has bounced off $380 to $400 three times so far, if it manages to move down and stay below that for some time I dare say the most optimistic of the bulls will start to get worried.