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The best explanation of what is REALLY going on (from Andreas Antonopoulos): It’s like a retail customer showing up at a customer service desk with a photoshopped receipt and trying to get a refund. Mt. Gox was fooled because they didn’t check the receipts against the...

Of course you trade where the Volume is: Bitstamp, BTC-e, Huobi. It's up to USA to create their own professional high volume Exchange.

Yeh... looks like April-2013, when hackers tried to frustrate the Exchanges to manipulate the price down (to buy low). Weak hands will loose money... We can solve this if we implement Decentralized-Exchanges (It's clear that a decentralized currency cannot rely on centralized-Exchanges)

That isn't the complete truth... 1) there is no un-known bug (it's documented in 2011 on a Wiki-page, and the community of developers agreed at that time to solve the low risk problem in a procedure inside the Wallet-protocol). 2) Gox didn't follow the above instructions, and this was...

Aahh yes, I forgot Metatrader can be used with BTC-e

You are right, not shorting but selling his position. It did look like a Flash-crash to 102 (and immediate jumped back to 650). My Guess: a Russian-trader as it happened on BTC-e only (spooked by the latest ban) and triggered by the Gox FUD (Fear, Uncertainty, Doubt).

Wow, lucky you ! (There's a lot of FUD after the unfair finger-pointing of Gox to a "bug in the protocol", while it's actually a bug in their own spaghetti-code. Some big trader got spooked by the FUD and shorted the whole Book :) ....... Gox will die soon, some new USA-exchange will take...

The price charts aren't the best indicator. It's the grow in User-base: the number of people and businesses adopting the currency: which is 20% each month: http://www.bitcoinpulse.com/

One striking comparison is that current Market cap of the flower-industry is about the same: 10 billion dollar (8 of those in the Netherlands alone)

I see only one: a strong Uptrend :)

To see it in its real perspective:

We all hope, that USA releases a real and professional managed Exchange. I know they are working very hard on this. We wait on NY's Benjamin M. Lawsky to release a bitlicense soon.

Yes, indeed: that isn't fundamental, as it doesn't change Anything about the sunny prospects of Bitcoin's invention: It's protocol {a decentralized P2P Ledger with decentralized Faith}. Meaning that it isn't stoppable by centralized organizations (like governments). Sure: for traders, who...

Man... did you know that IQ becomes lower, and lower at age.... Peilthetraveler. explained it very well: usefulness makes something valuable. As is water in the desert. As is Bitcoin for a guest-worker who sends every month 100 dollar to his Philippine family back home, who now can give...

Yes indeed, I admit, you must have an even higher IQ than 140

Bitcoin (as currency) is "backed" by usefulness: 1) for any shop in the world, it gives 3% more profit and a lot less fraud. 2) for any news-paper, micro-payments per article are possible 3) for 6 billion unbanked people, they can now enter the financial system. 4) for any guest-worker...

Don't worry. We are still in 1995, so have at least 5 years to go before we can compare with the dot.com bubble.

With your IQ, you should know that nothing is backed by anything. It's the belief that Gold is worth something, it's a belief that your government will payback its debt... will they? Bitcoiners see usefulness in its protocol and applications (currency is just one of its applications). And...

No backed by Commercial interest. They earn 3% more income, and can close 50% of their fraud-departments (quote by Overstocks CEO)

I want to add that it's already backed by huge shops: Overstock, TigerDirect, ZipZap, CheapAir (200.000 hotels) already. And the following are coming soon: Newegg, Netflix, eBay. Not so much "speculators and hopers" as you claim....