So which will be first, QE3, war with Iran, or the Presidential election

Oh boy, that flat wave is really dominating...

at least I know how much I'll be paying out.  It'll probably be close to $25

is funny how the rate of posting decrease on this forum when the market is way to calm and when any change happen the numbers of post increase allot 

+1

I didn't see it (gold down bitcoin up) at first, but now I do.

Very nice.

Not so sure about your AAPL bet however

aww another bull.. bears FTW!!

haters keep hating ;-)

They usually come out after the market closes or around 4 - 4:15 EST and sometimes even later

dont hate the truth.. BEARS FTW!

As I understand it, they will be selling you a USD-denominated bitinstant gift card that can be exchanged for BTC.  But, then again, details are sketchy at best.

haha knew id hit some nerves.. too bad you dont know what a trendline is

I'll agree this will drastically improve the ability of the demand to be met, but your math only holds if everyone who buys them holds them instead of spending them or selling them.

trendlines dont lie!

I don't think we're back to square one. I know that $5.5 was still not decisively broken which is putting some pressure to go down but the fact is that the price is going up. We're on a nice mid term uptrend, the weekly low is up for what, the sixth week in a row? From that perspective we're definitely not back to square one. We would require a drop to under $4.8 to be back to square one.

In fact I'm expecting some positive reactions to the recent news, which could be classified as potentially huge. First of all we just had the announcement of the biggest venture capital investment in a Bitcoin startup - ever. This was on Matonis' blog at Forbes. It's a $500k investment which is significant money in the Bitcoin economy.

http://www.forbes.com/sites/jonmatonis/2012/04/24/coinlab-attracts-500000-in-venture-capital-for-bitcoin-projects/

The second news is potentially even bigger than the first and it concerns BitInstant, which is one of the most successful and well run companies in the Bitcoin economy. They just took part in a very surprisingly Bitcoin pro and Bitcoin-interested money conference (https://bitcointalk.org/index.php?topic=77846.0) and in a recent interview Charlie Shrem hinted at something really big.

http://www.thebitcointrader.com/2012/04/bitinstant-hints-at-new-contract.html

My point with all of this is that the support we have for our so called stagnating price is climbing higher slowly but surely, that development has not been broken in over a month. The second point is that the recent news, not just these, seem to strongly indicate that Bitcoin is starting to pick up speed again.

There seems to be less and less concern that Bitcoin is going to fail or be forgotten anytime soon, it's here to stay. This will increase the amount of long term investments in bitcoins and those are the kind that push the price up, since long term investors are not going to be selling right away when the price gets a small bump.