Damn, so if they think the Bitcoin technology is going to be 'worth' 400 billion how much do they think each coin will be worth?

Don't kid yourself.

I've mined for years and I'm 66 years old.

As soon as I need to put the heat back on, I'll be firing up the ASICs again.

you still dont learn?
its a trap from the manipulators to make you buy before they do more dumps
it goes on with this until price is $0!

holy moly shorts are DOWN nearly 50%

i guess the wall coming down was shorts covering.

a little crack pot TA never hurt anyone..

Over the past months, heroes of entrepreneurship and geniuses of innovation have rendered the bitcoin infrastructure unrecognizable from what it was at the end of last year. News has been relentlessly positive and is just too difficult to keep up with it all. The sheep were pessimistic due the long bear-market, the Fud from China, and the MtGox nastiness. They are still tentative in their buying but we are beginning to see a few dribbles of water seeping through the dam's cracks. This will continue for some time but I think the dam will be gone in the next few weeks as we enter a definite bull market again and more people realize that the good ol' coin is currently grossly undervalued.

Pirate Ragnar