Where did all the bears go?

Yup,wow doesn't wow me.

On ASICs,It seems all the 'companies' are being super secret and shifty concerning what they have to offer with nothing but promises and artificial dates.I also don't think pics are enough at this point until actual reports on the success of the product comes from at least 10 users. *Throws down gauntlet*

I think GPU miners will be around for a long time to come.Asic is not ready for the Bitcoin scene until puts on the make-up,lol.

The interesting thing is there are some individuals who will be buying multiple singles[highest seen thus far is 9].I'm pretty much expecting individuals not to be able to make back their BTC too soon due to an extreme rise in difficulty if both Butterflylabs and Avalon ship on time.It might actually be a better idea to simply hold onto your BTC and let the value accumulate due to the difficulty rise.

Soon(tm),but I don't think this week.

What a rally from last night.I believe it was ~19.60 early morning.

I did but of course not 100% and can say I definitely do not regret it.Bought BTC last year sold at 15 this year and bought back in at 13 and have kept ever since.

It seems to be right on cue actually.It relieves some of the pressure on BTC being too valuable or more notably called a "correction".

I think everything is on track.I called ~$22 earlier in the thread this week so everything seems to be on target.

I was thinking this.......but then I thought considering when ASICs go popular the difficulty will rise accordingly and considering the rewards are technically halved......BTC would rise again.

Indeed,but I think this rally will be stopped by those Miners when the beta silicon has become more mature.

Afaic,All signs point to a holding pattern.Buying at such a high price seems too daring and selling right now could bring regret if the price does go higher.

I have had en ebay item shipped from a company in Hong Kong to the Eastern US in under 6 days.In fact,my prior job used to do plenty of mail orders from mainland China to the US and they usually took less than 6-7 business days.

So where are the Bears? Or are they give bear hugs to bulls?


The rallies have been insane.....so who wants to guess the new high by the end of this week? I'm thinking ~$22.

I've been watching this rally carefully and it seems to be much more minute during every push for a rally instead of large gains.This might actually sustain the price provided no one sells quite a bit.

Thanks for lowdown.I haven't followed the Drama concerning this.

Yeah,lol!

I doubt $20 can be broken within a week though.

I think individuals are giving Beta silicon too much credit.It "MIGHT" happen but it will definitely take time and several willing "beta-testers" before anything is taken seriously.I think if one is wise into holding onto BTC one should not also be in a rush to adopt another way of mining for it as well.

Lol,This is going to be quite interesting....but we all need beta testers.

I think GPU miners will be around for a long time to come.