lol
are you saying "buy buy buy"?
it probably will recover but i wont put money on it.
I've spent a couple of grand on Christmas items in the past couple of weeks. What's another $1k and wait a couple of weeks for the price to bounce back to pay for Christmas?
No joke I did buy $1k worth of bitcoins a little earlier this morning when it was in the mid 400's and let me tell you why. I sold a few as the Chinese invasion began and sold at low $600's a few weeks ago. Those were bitcoins I purchased for $150 a few months previously. I sold at $600 because it was record high's and I know what bitcoin does at record high's.
Little did I know it would jump to $1200 shortly after. Now I'm buying back those same bitcoins I sold for $600 at a discount because now it is in the collective psyche that bitcoins are pretty much worth $1000 and I'm sure it will gravitate back toward that number in the next 6 months (or 3 days, who knows).
At this point for me this is just a fun way of forcing myself to stay current on business/governments/investing/the human psyche. I "invested" $2k in feb. I have since then cashed out $4k and still own a handful of bitcoins and bout 200 litecoins and 200 namecoins. Bottom line is I have doubled my investment by cashing out and still have thousands of dollars of play money to see if it turns into tens of thousands (or possibly hundreds of thousands) in the long term.
Everybody's story is different, but that's mine.