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This is crazy fun to watch. I just bought 4 bitcoins at $685 from Coinbase and it's already up to $777 just 10 minutes later. I think I hit the right time to buy, now I wait for it to go to $2000.

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I think it's going to be pretty wild for the next few days/weeks because of the China news. I would sell at $777 and wait for the ride to be over before I bought in again. I got out earlier today at $900 anticipating the China news to sink in later today. Sure enough when China wakes up it crashes.

I'm going to wait until it stabilizes around a price before I buy again.

The good news: China can't ban BitCoin as a currency again, and the US looks like it isn't going to.

China woke up and itsnot crashing that much more.

Look at a chart of the last 30 hours. I wouldn't draw too many conclusions minute to minute here, it's anybody's guess where things will be in a few days (I suppose as is per usual with bitcoin).

Like I said, I'm waiting for it to go to $2000 before I sell but maybe $1300 for a quick profit.

Merrill Lynch appraised it at $1300: http://www.ibtimes.com/bitcoin-worth-1300-merrill-lynchs-cas...

I agree with you about no government being able to ban bitcoin. It's unstoppable.

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