Hell I'm a perma-bull, and even I don't think this.  Even if the coins are sold for a premium above market (whatever that means), and it leaks out to the public (never gonna happen), I wouldn't expect a huge rally or anything.  In fact, I'd place my bets on some really stupid fake FUD leak coming out on Monday saying that the coins sold for $200 a piece or some shit.  Prompting yet again another mass panic sell off for no reason at all.  Either that, or maybe next week comes and goes without anything major happening.

You see, bubbles are actually created (ie., fabricated) by whales who wait for the perfect market conditions to happen + advanced insider knowledge of some major announcements coming down the pipe.  Then they start slowly pre-seeding the market with mega dollars to begin the rally.  The bubble then feeds on itself, and is catapulted higher with mega media attention + the reveal of the major good news announcements near the middle.  This is all planned ahead of time, months in advance.  This happens in the stock market as well.

So I just don't see the next 2 weeks as that perfect storm.  Perhaps we are still 6-8 weeks away.  Or perhaps, not even until next year sometime.  I still see a slow steady rise in price regardless of what happens this year.

Edit: Oh you were being sarcastic.  Got it.

I'll probably be a little grumpy until I see the BTC price back around ~$660-680, where it was before the absolutely stupid FUD circus kicked in nearly a month ago.  It seems the ongoing stupidity continues to drown out all of the exciting good news happening in the Bitcoin space right now, and that is a real downer.  

BTC is grossly undervalued right now, and most people don't even realize it.  When you have super high net worth professional investors clamoring over each other to buy large amounts of BTC in a U.S. sponsored auction for $$ millions, that only underscores just how undervalued it is.

Back in June 2013, $70 compared to $266 didn't look good either.  Was bitcoin in ashes then?

Just sayin'...

Dude, I know you absolutely love your exchange and have every right to defend it.  But can you please lay off with the childish insults?  Do you see other prominent exchange operators worldwide talking to the public like this?

You are quickly proving yourself to be the MOST UNPROFESSIONAL Bitcoin exchange operator there is, bar none.  If you don't think that your business will suffer in the long run for acting like that, you're delusional.

Ok, let's say someone bids $550 right now.  Are they below market or above market?  There is no CLOSE OF THE MARKET DAY in bitcoin like there is in stocks.  What if price falls to $520 by 5:59pm ET today?  Or shoots up to $630 by 1AM ET Saturday morning?  Then back down to $520 by Monday afternoon?

I think ShroomsKit's point is pretty clear, and your's isn't.  Who's the idiot now?

10 second old news is old.  Gimme a new piece of FUD on the horizon!  We need a new (inconsequential) date out there for people to fret and worry about!  

C'mon China, where's a new ban deadline when you need one??

Stamp 1W MACD just flipped back to green.

Do you really believe that everyone now is either buying WHOLE bitcoins or nothing at all?  If you believe that the price goes that high because only one or a few people are buying whole bitcoins at that price, then there's a lot you don't yet understand about how exponential growth works.

1 person buying 1 btc @ $10,000 = 10 people buying 0.1 btc @ $1,000 = 100 people buying 0.01 btc @ $100 = 1000 people buying 0.001 btc @ $10, etc.

As you can see, as the pool of bitcoin buyers grows exponentially, it will only take each one of them buying a small amount of btc to push the price/btc up to astronomical levels.

THANK YOU FOR REITERATING THE TRUTH!!!!  THIS FORUM HAS GONE INSANE

Supposition and ass talk

Point me to the link where that has been officially said, please.

Guys, what, WHAT WHAT WHAT do you think is going to be announced exactly on Monday?  Hmmm?

If you say, "what the selling price was", I'm going to reach through this computer screen and stab you in the jaw with a fork.

If you mean a virtual currency backed by real gold.  Been there, done that, and it failed spectacularly:

http://en.wikipedia.org/wiki/E-gold

I've noticed a trend on this subforum.  

In an uptrend, if the price is going down, the bears are nowhere to be found on this sub.  But when the price starts to go up (mysteriously), the bears swoosh in with their charts and bullshit TA and try to tell you why it's all a mirage and we're going to be going down again soon.

 

Instead of posting that, and since you are a TA guru, why don't you give us a rundown of his TA indicators and tell us why he's wrong? 

Or are you really a bear troll in disguise?   

You wanna post this chart again when the year is actually near end?

Here, have another chart:

Ok, since you guys love charts so much, here's one:



Queue the uber bears who will try and prove why it has no validity, with charts of their own that have no validity.

Quoted for truth.  Yeah, I'm starting to seriously dislike the "Speculation" subforum because the participants want to completely ignore reality in favor of some made up fantasy.

I'll probably be leaving it behind sometime soon, as it's usefulness has almost completely run it's course for me.


Edit:  Oh, and I wasn't referring to you Blitz.  I meant others on this sub that just want to flat out ignore that question, because it suits them to completely just ignore it and continue the silly debate ad nauseum.

Can someone on this subforum answer this one simple question, instead of completely ignoring it:

Q: In a closed door auction, where no one outside of it will know what the selling price was, how can Bitstamp, you, or anyone else know what the winning price was?

And don't just reply "The selling price will get leaked out" or some silly crap, as we know hearsay FUD is completely unreliable.

<quick, run away and avoid answering this question.  Again.>  

“We’re the backbone of the entire Bitcoin industry,” says Kodrič, 25, who’s wearing a black t-shirt with “Zero Excuses” in fluorescent green capital letters. “The wallet services, ATM machines, mining companies all rely on us. The price of Bitcoin is the de facto price on Bitstamp. We’re the to-go exchange.”

Oh, the hubris!  Can't wait for solid U.S.-based exchanges to knock 'em down a notch or two.

Good that they're visible though, makes it easier to find them.