I think if we go Below 260 the uptrend is broken and we will have the same boring 230-250 range for another 6 months leading up to the halving.
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Good call man! I'll never forget the day that bitcoin rose 1%. Epic!!!!
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This is a pretty pathetic attempt to crash the price on Greek bailout news. That's was already priced in when we crashed from $308.
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Where do you see that it's crashing?
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Circle is a good backup. Only $2,500 a week though. But no fees.
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You would need over 100k coins for a 10-15% drop. Far more then a weeks worth of coins.
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Ya the fees totally defeat the purpose of bitcoin imo on debit cards.
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We need far more liquidity on the exchanges. A chinese mining farm should not be able to drop the price 3% on any given day simply by dumping there weeks worth of coins.
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I don't think you guys quite get what I'm saying. Let's just say for an example your circle account has a routing number. So you could pay for services and they wouldn't even know their accepting bitcoin. So your circle account can act as a fiat bank as well as bitcoin bank and instantly convert. This is just a example to illustrate what I'm trying to say. Not saying circle should do this. Would this even be possible?
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I look At bitcoin as more of a commodity that you can easily transfer and spend, unlike gold.
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There are thousands of millionaires in the world. At some point they will dip there toe in bitcoin and open a small position. Even if they bought just 10 coins the price will explode. It's probably already started really...
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Most company's don't accept bitcoin. However if you had a routing # it would open up ways to almost pay for anything with bitcoin.
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Will a exchange or bitcoin bank or whatever you want to call it, ever be able to have a routing number so you can pay monthly expenses? Like i pay my electric bill online and the correct amount gets convirted to fiat and withdrawn.
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Hopefully OP makes no more predictions.
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I'm beginning to think all these 2 days with 0 confirmation reports are just a bunch of fud.
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China took a huge dump on us after Greek bailout and already 12 hours later price is back over 290. Bull market confirmed.
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Looks like all those finex walls have been removed.
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Will be interesting to see what America does when they wake up to this.
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I was waiting for 290s then said screw it and went long.
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I agree. Remember t h e last time we hit 300? I think this time we will bounceback and go through.
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