Bitcoin Forum

All your btc are belong to us

we're going sub-100 ladies and gentlemen.  :D

We need fewer threads like this.

100's are done.   Get used to it.

It has already dipped to 195 or so a few times ... and it never goes lower.  Always bounces back up to 205 etc ...  (only referring to Gox here).

Two weeks nothing is going to change.  Price will continue to fluctuate between 200 and 215 most likely. 

The things which make the price fluctuate are social changes.  Adoption.  Major changes.

The last big jump was because 3 things happened all at once:

1)  Silk Road closed - investor confidence skyrocketed
2)  Major BTC exchange opened in China - allowing influx of many new investors
3)  Chinese search engine accepts BTC - investor confidence skyrocketed

All three happened at once, and BTC shot up another $100.

There it will stay, methinks.  Until the next major adoption change happens, or next major blow happens.

I said 200-220 too. I think we are in range for a while and thats a pretty big range.

How come?

I make threads like this from time to time, and I wish there was an ongoing poll on the ongoing feel of what the price will do. There's always 150+ voters and the majority vote is very accurate. Nobody else seems to mind its presence.

Is there a detriment to these threads?

The only other way to get the feel is to trawl through each thread read every comment individually.

Anyone's guess. Depends how fast price moves. I think it's up from here, but there's the possibility that this rally loses momentum sooner than later.

Either wrestling with the all-time high or wrestling with $300. This consolidation was necessary, and it in no way indicates the recent run-up is over. This market is as hot as it possibly can be without going bananas. Pressure has built, prepare for the second stage of the Chinese rocket.

Its a lot biased, most hope the price over 200 obviously.

I believe 150-170 is safe prediction, so I voted this

You think this is going to be another April event ZB?

150-170 is normal value what i expect. Over 200 $ just hope i believe.

I doubt it will be that big again so soon, but it could be. I think it'll be a nice run, though. Of course news or black swans could intervene, but between China getting its first taste (with official gestures toward condonement), Second Market's BIT, big-time Wallstreeters (http://www.ft.com/intl/cms/s/0/5e972afe-3cce-11e3-a8c4-00144feab7de.html#axzz2j6jt01l5) backing Bitcoin, continued booming VC/SiliconValley support, the SR news surge (a gift that keeps on giving as the story unfolds), and the 6 months of good consolidation since April, I see a lot of built-up pressure. I could be imagining things, but I think this rocket is frickin' locked and loaded.

Most especially, the attitude is shifting rapidly in the general geek zeitgeist: https://www.youtube.com/watch?v=cOubCHLXT6A

It is very helpfull that video to understand and thing what is going on around the world. But i really wonder that how long does it takes for revolution.

Thank you for confirming my thoughts when I was watching this!