On: Bitcoin Value Loses Its Mind as Trading Lags on the Mt.Gox Exchange

[Helianthus]

This topic is full of bitcoin advocates doing terrible jobs of reconciling themselves to a new .800~.900 standard USD.

However you criticize MtGox, this has spread to other exchanges. That's the price now.

Personally, I think this is the effect of the Chinese market reversing its positivity on Bitcoin.

(which is an outgrowth of bitcoin's lack of delivery on any significant front.)