Bitcoin Forum

The best recommendation yet is that CNY and other Governments try to tax or ban BTC. Think of CNY as the merely some one with extra Loud FUD capabilities. BTC is going to hit 10K then 100K and so many now will be buying back in much higher than they sold. Their Paper money systems are inflating out existence any wealth in them, as well as ever increasing  taxation.

It amazes me that so many are so easily led, no wonder GOV's have maintained their foot stamping on your face for so long.

You have been handed the invisible shotgun to blow that foot clean off, but no you say please Sir, stamp a bit more.

The Chinese govt officials will be buying BTC like there is no tomorrow. How else can they get themselves a sizable amount of BTC without pushing the market way up. [Well I am sure there will be a few seizures ala. US]

I'm not sure the CNY Govt will survive the common people's wrath when they see they were locked out of the largest wealth transfer ever.

Uptrend starts today or tomorrow, from there to 10 000$

but, in the background, they convert the US-dollar obligation in bitcoin ... easy  :D

Where do you come up with this?  Bitcoin has been in a steady downtrend for 3 months now.  I love bitcoin and I hope it works, but the prices are still only where they are because of rampant speculation.  This market can still drop quite a bit before it starts heading back up again.

I don't disagree with this excepting, speculation. Speculation is not bad, nor does it inflate price. I'm not sure their is any activity that is not speculation.

goes bang and hits 520$ as we speak. 640$ 12hours later. Just let them finish their panicselling.

This WILL happen.
Also offering information about 31.5.2014 for 100 BTC

The scene with Matthew McConaughey at the table from The Wolf of Wall Street comes to mind when reading some of these posts.

It's all a fugazi, you know what a fugazi is?

Nothing is real until you cash out, or spend the Bitcoins, right?

um, no, you see its not like that, not the cash out part.

See the "Wolf of Wall Street" had no choice he did not have access to BTC so had to be in the fiat pool. The pool is closed.

Bitcoin becomes a harder currency than fiat, the point is you "don't cash out" of BTC, Society cash's out of FIAT . Eventually like with email from post. BTC / CC's will become the way business is done and payments are made.

Nothing is real until you cash out of old cash and into new cash BTC

BTC = cash/wealth 2.0

no gov can confiscate, tax it, stop you sending, tell you have it, sieze it, inflate it.

sure you can choose to self report in/ to various jurisdictions that say you have to and be taxed etc. But you don't have to and they have no way of making you. BTC and maths is jurisdiction agnostic & government agnostic

Not yet... there needs to be a base before we can see another run.

The base has yet to be reached... let alone form.  When it does, though, buy all you can.

Well said and wise words. Thank you for this excellent post, jubalix.

If you're reading this in Spring 2014, you're WAY ahead of the curve. The financial opportunity available to you at this moment cannot possibly be overstated.

Ditto  ;D

whales are not done yet because they see there are more piglets squealing ready to be slaughtered... weak hands are just getting weaker day by day... this thing is becoming like spring coil, the further down you push it the more explosive upside is going to be...

I like this coil analogy :)