The Predictability Factor is a unique book addressing the predictability of future success of new churches and existing churches attempting to turn from decline to growth.
Wile E., have you ever been wrong?!

I think we will test 300, who knows how that will go, but I think we will test it either this weekend or beginning of next week. For some reason I think this time will be different than the last two attempts.

$300 printing up ~ could we see $420 party ... Soon™      lol

The only reason why this thread has outlived all the others on bitcointalk is that the "topic" extends from the walls at least fifty miles in every direction, so it is pretty hard to get "off" it.

I was surprised by yesterday's rise and really did not expect another rise this morning. Have we secured our position above $270s?

Yeah, unfortunately this is the case... people in this thread have always been thinking in an "all or nothing" approach... but that's the fun of speculating, you never know what's going to be the outcome at anytime.  Once people see the prices go down a dollar, they are instantaneously ready to sell all of their bitcoins, and ready to watch the bitcoin world burn to the ground.

It's actually pretty funny to me, and love to monitor the thread all the time.

Wonderful, its barely back up to where I bought it at last week.

We're gonna go up $300+ in 3 days. Mark my words.

a six dollar pump? So what? It didn't even trigger my sell order. Why do you even care? What's these assholes like hdbuck even doing on a Wall Observer thread if they don't care about short and intermediate term prices as they claim?

The most popular belief is that it was caused by a sudden and mysterious rise of demand in China. They base their assumption on the high volume that BTCChina showed during that time, while ignoring the fact that Chinese exchanges have the habit of faking volume.
The pump upwards was fueled by MtGox and BTCChina's volume was created only as a misdirection. BTCChina volume was only created to explain this sudden rise in demand and to hide the fact that the price is mainly pumped by Karpeles and his non existent money. Karpeles thought that he can pump bitcoin enough to start a rise that would make him back the coins that were lost by the previous hack. It backfired of a simple reason - Karpeles is a terrible trader. He was outplayed even by the majority, so his losses got even bigger in both coin and fiat. Most of the smart traders just profited from this pump and got out at the right time. Only the inexperienced get-rich-quick folks were the ones who didn't know the right time when to get out, but their investments were small and meaningless anyway.

I think that the bitcoin scenery is amusing because people are still in strong denial about the whole 2013 pump situation. Miners are still holding their high production cost coin because "any minute now, another mysterious and unexplained pump will surely come". But it won't come if no one is orchestrating a similar fraud.
The coming of Gemini is finally dissolving this myth that institutional investors are waiting for the right chance to be the greater fools of bitcoin. I think that this myth will now be more in the form of "ETF will change everything!".
So, to me, it's not a question if the bitcoin price will face a total collapse, but only when will it happen.
When will all the illusions of bitcoins worth finally fade. When people will finally realize that artificial scarcity doesn't work with something that is easily replaceable, and the network effect of bitcoin is mostly dependent on a bad brand name. That the future of crypto is not about them getting easy riches, but about better technological solutions that have addressed the problems that have kept bitcoin from being a practical tool of finance.

WillyBot would never have caused a bubble like the November 2013 spike on its own. China was primarily responsible for that pump. It's true that a mad rush for the exits from an exchange where only BTC withdrawals were possible caused buying, but only from those of us with fiat on the exchange.  Nobody in their right mind was sending fiat to Gox when there were so many options for buying cheaper elsewhere.

Krapeles was buying BTC with fake money to keep the illusion of solvency going, but he wouldn't have had to do that if their wasn't a demand for BTC external to EmptyGox.

It was also China's government hostility towards Bitcoin that contributed to the crash as much as the Goxxing.

it was a double whammy up and down. 

That would make anyone cringe now thinking back on it... but hopefully with more of the "bullish" news coming out that the Chinese government might make bitcoin less restricted over there, and the fact that the halving is coming next year; we'll see a steady increase from here on out.  So hopefully JayJuanGee can make his money back if he hasn't already dumped his coins yet and holding on to them for better days ahead.

Gox bot myth?  BTW you spelled bot as Bot. 

Yeah, I saw that too. Business transactions aren't being allowed to move the price at all. Small transactions from private individuals aren't enough to go "to the moon" as they say. When Karpeles moved the price he did it by manipulating 10's of thousands of btc at once. When are individuals ever going to do that?

For better or worse, they need to allow the currently off book transactions to move the price.

party is over...two attempts to ~275$ failed. Bye bye bitcoin!  

I think you are the tip of the top.  When you capitulate and sell that bitcoin, we can finally move forward.

$10.000 at here
LOL

$654.46