Is Bitcoin About To Tank Or Spike?

As of today the outcome of the latest plunge in Bitcoin prices is yet to be determined... is this the ride down to at least 85 if not 50? OR, is it a new base... a new take off point for a rally the likes which haven't been seen in over a year. How will those who stuck with it react if the price goes to 1000 again? Finally, could ANY COIN step in as the `reserve currency' (for trading and such) if Bitcoin confirmations begin to falter in any manner. And, what about that rumor of Stellar Coin and a FB giveaway?
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bitcoin links for today

The Barf

The price too low and the difficulty too hard means that some... indeed up to 11% of the bitcoin mining is about to Be Paused is this the OMG moment.

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The Stew

Seems that an American Wall Street firm is willing to team up with a Bitcoin trading exchange... and they see The Bitcoin Technology and not the coin as what is most threatening to the current state of affairs ... below is a quote.

"We are impressed with Buttercoin in many regards notably that it provides reliable, trustworthy and excellent trade execution, and most importantly that it has a US banking relationship. We see cryptocurrency technology as disruptive to the financial services industry as the internet was to communications."

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The Winners

Google And Reddit Are Behind Buttercoin - Look Out Coinbase?

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More bitcoin News, Views and Spews

A new President and new mining equipment point to a renewed interest in MazaCoin and the recent rise in prices should be NO surprise IF this info becomes more widespread.

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More Soon

Spread The Crypto Word

The Bitcoin Crash Of 2015

It's becoming a phenomena and feeding on itself.... of course Bitcoin, The Barf, The Stew and the Winners is talking about the collapse in Bitcoin prices... fueled by who knows what... some say the ROI for the miners of Bitcoin is not enough to support the coin (wouldn't that suggest the price will SPIKE HUGELY when demand returns to normal?).... others say the cashing in of all the Christmas coins... all of them might be a tipping point... some are saying that it could drop to 85... the point it took off for the sky in pricing... or  even   50.

In the meantime... the entire CryptoCurrency marketplace may need a `reserve currency' ready to pick up the slack (Paycoins perfect timing?) .... (no way right? wouldn't it be a coin with MUCH larger available coinage?) -- maybe Stellar will go to the STARS? (Moving hugely since the collapse... coins with value, real value will buck the collapse in general.) And of course, all of this could be due to Bitcoin's usage as a commodity by some in the richer element of society... which is seeing a HUGE collapse in some of their commodity holdings... so why NOT sell Bitcoin (to them)..... BTW, I BOUGHT at Coinbase today my largest purchase ever (0.12) at 186 - IMO, the bounce (to 400?) could be only days away.

CNBC Link On Today's Collapse
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Barfstars Be Brave