Parabolic rise has begun

[Hyena]

375 and retrace 335

+1

[okthen]

It could still be only a linear rise Nov 2014 style... We'll know in a couple of weeks

[klee]

OP where do we stand now?

[AtheistAKASaneBrain]

OP where do we stand now?

We stand as the most powerful network in the world with the most disruptive technology ever. Selling = idiot.

[MF Doom]

OP where do we stand now?

We stand as the most powerful network in the world with the most disruptive technology ever. Selling = idiot.

most powerful network, probably not

most disruptive technology, possible, but still yet to be seen

selling, good idea at some points (as anyone holding over the last year has probably lost money).  Not buying back in, well then you are an idiot

[Hyena]

OP where do we stand now?

I think it's time to raise stakes. The parabolic rise has either stopped or will turn out to be bigger than ever seen before. Since it has been predicted that a global financial crash will most likely hit us in September 2015, it gives basis to the assumption that BTC will skyrocket hard. Puerto Rico has already gone bankrupt, China is controlling their markets like a bitch, Greece is still knee deep in shit. Does not look good for the fiat world at all. 200-300 range is still a great deal to buy in.

[Wexlike]

OP where do we stand now?

I think it's time to raise stakes. The parabolic rise has either stopped or will turn out to be bigger than ever seen before. Since it has been predicted that a global financial crash will most likely hit us in September 2015, it gives basis to the assumption that BTC will skyrocket hard. Puerto Rico has already gone bankrupt, China is controlling their markets like a bitch, Greece is still knee deep in shit. Does not look good for the fiat world at all. 200-300 range is still a great deal to buy in.

But the main question is, how will Bitcoin behave against a rising dollar?

[conspirosphere.tk]

But the main question is, how will Bitcoin behave against a rising dollar?

more interesting is how the world economy will react to it. Rising $ means all debt in $ become heavier and some of it unsustainable. So it would cause increase in defaults in any debt in $ worldwide.  And if you're going bankrupt, having some btc that they can't repo sounds cool.

[Borisz]

OP where do we stand now?

We stand as the most powerful network in the world with the most disruptive technology ever. Selling = idiot.

Fund this video the other day: Bitcoin Users in a Nutshell

Just because a technology is disruptive or advanced and proven it doesn't automatically mean it will be adopted everywhere and become successful or world leading. It has to be attractive in other aspects as well.

Also, if you can see smaller price crashes like the one a few days ago, you'd better sell and perhaps buy back later.

[MF Doom]

OP where do we stand now?

We stand as the most powerful network in the world with the most disruptive technology ever. Selling = idiot.

Fund this video the other day: Bitcoin Users in a Nutshell

Just because a technology is disruptive or advanced and proven it doesn't automatically mean it will be adopted everywhere and become successful or world leading. It has to be attractive in other aspects as well.

Also, if you can see smaller price crashes like the one a few days ago, you'd better sell and perhaps buy back later.

I agree, and I dont think anyone could argue that btc isn't disruptive.  Every time someone transacts with it, some money is lost that a credit card company or paypal could have made.  That alone is disrupting the multi-billion dollar payment industry.

I think it's also possibly more important that it is changing the way people look at currency itself, and realizing that gvt issues notes are not all they are cracked up to be.  People have the freedom to transact in other means such as bartering, using btc, using gold/silver, etc.  Using only gvt notes onyl guarantees you will be taxed to the maximum extent...