Bitcoin Forum

1) 100k BTC up to $200 and down to $80, with total BTC for sale at 140k. Compare that to within the last 2 weeks where $165,$65,170k were the values. It looks like consolidation is over or almost over.
2) An overwhelming amount of good news.
3) TA looks like we're in a final correction wave.

Prepare for Bitcoin Hype 2.0.

As much as I want to believe this, I'm sure this will only end in disaster.

Where is the "like" button.   ;D  I hope you are right!

The best parties ALWAYS end in disaster. ;D

Just like 2011!  :P

Just like the crash from 266 to 50. Oh wait that turned out just fine. ;D

:)

It looks stable and I think thats the best thing there is, too much volatility is what will threaten the bitcoin

Don't be such a party pooper you, just enjoy the show you know everything is overdramatized and hyped here in the speculation forum. ;D

up uP UP

i am still grasping for air......


very good one! make it a t-shirt.

Hahahahaahhahahaha Too nice, I tell ya what, I AM definitely going to make myself a t-shirt!!! I'll only add the Bitcoin logo  ;)

More cheap bitcoins to buy afterwards. ;)

On a more serious note, let's not overhype it and let it grow naturally. I still remember the posts urging people to blindly buy bitcoins when they were over a 200 USD each. Sure it probably would reach that price sometime again, but it was kinda blatant that it was a bubble in progress.

bitcoin will never reach the hights of the previous bubble, too many people learned their lesson

lol... I remember seeing this exact post in 2011

Tonight it goes over $266!   ;D

Yes, your kind existed back then too :P.

WebMoney is significant bull signal, believe me ;)

Absolutely hilarious.

I highly doubt the price is going to explode.

We're certainly in a bull market but it'll be a while before we pass $125 and don't look forward to $150 anytime in the next month at least.

Long slow slide... upwards.
http://bitcoincharts.com/charts/chart.png?width=640&m=mtgoxUSD&k=&r=150&i=&c=0&v=0&cv=0&ps=0&l=1&p=0&t=S&b=&a1=SMA&m1=30&a2=&m2=25&x=0

Just LOOK at those inflections, man. Really LOOK at them. ;D

Just want to throw in some bid/ask charts..

http://blockchained.com/depth_mtgox_15d.png

Well.. that's insane.

$ 310,50 here we come! ;D :)

That's more like it....

why $310,50?  ;D

I was going to ask the same!  ;D :D

Laugh. Out. Loud.

Nice Find. That really looks like a confirmation. Looks like it wanted to take off but the bad news stopped it.
One possible reason for the lowering asks is people moving BTC off of MtGox.

I say $350 as soon as 2 weeks, but probably much sooner.

I don't think the price will explode yet; the bubble-crash is still too fresh in too many people's minds.

I think we will simply return to exponential growth, maybe with a nice catch-up rally in there somewhere (I'm guessing this week or next) since we are presently below the exponential curve, to reach $200 in about 3-4 weeks. And then continuing to hit $1,000 by September and $10,000 by Christmas.

That's not bad, because people will just have to wonder why if Bitcoin indeed was a bubble, why the hell is it still around?

What I see, psychologically, is as the price starts exploding people will remember the old euphoria, then the old fear and regret will come rushing back and they'll get conservative and sell to strength, not wanting to get suckered into old mistakes. After a few fakeout rallies and steady growth and boring price responses to bad news, the psychology will be rebalanced and growth will continue.

Also, new investors with no bubble experience will be coming in all the while. Eventually we'll again have so many new investors that they outnumber the old, and another bubble will happen. Maybe in November or something, and we'll crash all the way down to $5,000 with people declaring the end of Bitcoin ;D

I agree that will be a factor in price. I also think it will also be hard to ignore all the development that's been buzzing around lately. Fear/greed cycles whatever

Oh I'm definitely factoring the positive news in. Such news is required for exponential growth to continue. I'm extremely bullish, of course, make no mistake.

Again, paranoia that I don't have enough coins is setting in me again  ::)

Bitcoin Hangover IV

Buy high ... sell super high !

i dont know about you, but my best parties tend to end in champagne, cocaine and blowjobs.  ;)

LOL - that could be considered a disaster, depending on either you have a wife or not, and depending on how fucked up are the friends left in the party at that point

http://upload.wikimedia.org/wikipedia/commons/thumb/2/2d/South_Sea_Bubble_Cards-Tree.png/383px-South_Sea_Bubble_Cards-Tree.png

"I can calculate the movement of the stars, but not the madness of men" - Isaac Newton on the South Sea Bubble

We are about a month past the 'crash'. Its more and more beginning to look like a correction though. The winner will decide.

while spending nights on clarkmoody and gox i experienced losing €. oh it felt bad.

but, when for the first time i experienced losing the coins....  that was much worse.

then i knew what i was out for.

Same position as always my friend, all in  ;D