Well if Wall Street is "moving in" or has been moving in, I'd make them pay "at the counter" like Joe Public has to.  But of course, that's not gonna happen.  They'll try to buy them in bulk off-exchange or at an auction, or for cheap from some stupid Chinese miner who can't pay his power bill.

I'd make them have to pay a premium for market entry.  A serious premium.  Hopefully most of the early adopters sitting on thousands of coins have some values and refuse selling out to a bunch of Wall Street or Banking cronies.

Bitcoin - for the people, by the people, yes?

So what will she say when the price/btc hits $10K, $50K or even $500K?  That it's definitely too overpriced to buy one at that point?

This is fundamentally what most people who have not researched bitcoin don't fully understand, that current price/btc (think of it as purchasing power or value per btc) is completely meaningless in the short term.  In order for bitcoin to work as a worldwide currency, purchasing power/btc has to grow way beyond what someone with average means could purchase (unless they had a lot of fiat to convert).  They'll just acquire whatever amount of bitcoin they can at whatever the equivalent going rate for bitcoin is.

It's the same reason that Gold spot price is listed as price/troy ounce, because price/pound or price/ton doesn't work for the average Joe any more.

I really can't wait until the price/coin grows beyond what most people can afford, so that they can see that having a "single" bitcoin becomes completely meaningless in the grand scheme.  It'll all just be bits or whatever the current denomination du jour is.

I think this is a sign that bitcoin is slowly starting to win over Joe Public, at least exposure-wise.  Hopefully all of college and professional sports will start to adopt/accept bitcoin.

Now we just gotta get bitcoin into other places where it matters to Joe Public.  Like McDonalds, Walmart, Costco, Home Depot, and AutoZone.  

JP Morgan Chase.  They'll hold out until hell freezes over.

Do yourself a favor OP, instead of sweating over buying a single coin, buy 10 instead.  Give her one, and keep the other 9 for yourself (and keep it secret).  And then hold.  For at least a year.

When bitcoin goes to the moon a year later, dump the girlfriend and spend it on hookers and blow.

Bitcoin > girlfriends   

This and this.  If these two things happen, then the late adopter mass consumers will eventually get won over.  If not, then it's doubtful, sadly.  Today bitcoin still remains a very inconvenient and costly way to pay for shit.

As much as I'd like to see a rally in 2014, I'm secretly hoping for one in early 2015 instead.  Reason being, a) I plan to sell some and for tax purposes would like that to happen after Jan 1st 2015 so I don't have to report any gains until 2016, and b) because I think the rally will go much higher the longer it holds off.

Please add "Whenever the whales decide we should rally" otherwise it´s a strong biased poll, which cannot reflect the the true sentiment. Thanks.

I think the tag line should be:

"Consistency.  Stability.  Impervious to FUD."

 

That is amazing.  So I'm guessing you had (or still have) hundreds of coins from back in the day?

I think online gaming sites like Steam, GOG, and GameTap integrating bitcoin payment seems like a no-brainer and a win-win.  I predict it's just a matter of time before they will.

But a massive upward effect on the price?  I doubt it, as we've seen good news announcements don't really seem to move the market that much.

Wake me up when we get back to $683.

Dude, seriously?  Why should the price be at ~$150/btc in Oct 2013, then $1000/btc merely 2 months later?  Why should the price be ~$600/btc now instead of still at ~$4/btc as it was 2 years ago?  "But Bitcoin!"  Yes, that.  Bitcoin hasn't fundamentally changed in years, it is still the same.  So there are no facts that the "Bitcoin" from 4 years ago is really any different that the "Bitcoin" of today.  

Please. Remove. Head. From. Ass. And. Research. Deeper.

"Tis better to be silent and be thought a fool, than to speak and remove all doubt."
-Abraham Lincoln

If you are referring to the psychological effect a prolonged bear market has on the populous, I agree with you.  By this point, all trust that these mini rallies are real (i.e., not manufactured by whale traders) have been beaten out of most all but the diehard bulls.  That's why recovery back into a true bull market takes so long.  Most average Joes are now believing that the whales are just buying and trying to lure the sheep back in, only to spread mass FUD and drop the price at a later point.  Again. Only to sell back to themselves once more.  No appearance of true increasing adoption appears real to anyone right now.

Yeah, I guess the completely rational mass selloff of over the GHash.IO crap and FBI coin auction crap makes perfectly rational sense.  

I disagree, there wasn't a reason to go down.  The market was actually feeling bullish, the Expedia news just came out and other positive announcements were expected.  People were buying, holding, and waiting for the next leg up.  Coinbase actually ran out of coins the day the Expedia news came out (2 days ago).

This flash crash was completely engineered by the FUDsters, and now we've witnessed just how many weak hands there were.  No support at all between $650 - $550, and I don't think we found it yet.

Bitcoin is such an awesome investment, it's now the same price it was around 8 months ago.  Yay!  

/s

Do I see a double bottom forming? 

Eh, I think you kinda missed a point there.  Even in the future say 3-5 years from now, if bitcoin is still doing it's +/- 20% swings due to an easily panicked community, it will fail completely as both a daily currency and a store of value.  People will start leaving bitcoin forever and in droves.  Fungibility or no, that wouldn't even matter.

But why?