Have we left $220-240 for good?

[spazzdla]

Lots of very positive news going on..

[maartenhaha]

not yet, but yes alot of positive things are going on
 i'm in the middle of a sale of a building as an itermediate and i'm able to earn minimum 23.000 euro with that, hopefully price will not go up too quick ^^

[Elwar]

There are always cycles of good and bad news. In a few weeks people will be wondering if Bitcoin is going to collapse any moment now due to <insert FUD here>.

[chichidori]

No were not, it will still go down to that road once again its the cycle of trading.

[LFC_Bitcoin]

There are always cycles of good and bad news. In a few weeks people will be wondering if Bitcoin is going to collapse any moment now due to <insert FUD here>.

Yeah, I agree with the above. Elwar knows what he's talking about & is generally a good person to listen to, he's been around this game a long time so knows more than most.

I think long term bitcoin will be massive but short term we can't dispel anything. I've thought many times we won't go back to {insert a price lower than the current one} & been proven wrong so I'm not going to say we won't go back to 220-240. Let's just enjoy the ride, we're aiming for way higher prices than 270-280 long term so relax.

[Elwar]

There are always cycles of good and bad news. In a few weeks people will be wondering if Bitcoin is going to collapse any moment now due to <insert FUD here>.

Yeah, I agree with the above. Elwar knows what he's talking about & is generally a good person to listen to, he's been around this game a long time so knows more than most.

I think long term bitcoin will be massive but short term we can't dispel anything. I've thought many times we won't go back to {insert a price lower than the current one} & been proven wrong so I'm not going to say we won't go back to 220-240. Let's just enjoy the ride, we're aiming for way higher prices than 270-280 long term so relax.

Though after the price was hovering around $125 for a whole summer and suddenly went up to $180 my buddy asked me if he should buy. I told him the price would likely go back down to $125.

As the price proceeded to rise to $1200 over the next month 

He did not let me live that one down.

[jacee]

I don't think bitcoin price will be leaving that price range but I do tgink that those news are a good sign that bitcoin price will head upwards. Anyway as bitcoin is continuously  being regulated us users, there will be a lot more things to happen. If we want to leave that price and get to a higher price anytime soon, us bitcoiners should do our part to point the price to the right direction.

[maartenhaha]

There are always cycles of good and bad news. In a few weeks people will be wondering if Bitcoin is going to collapse any moment now due to <insert FUD here>.

yes thos nasty fud people...
maybe we should not only teach newcomers about how to see the difference between scam and legit sites, but also the difference between serious evaluation, critisisme and fud.

that could help bitcoin and the people involved, alot

[jt byte]

I think yes we have left this price,
It is really going $260 and up and i dont think this year the price will go back to 220
Maybe this month the price can reach $300 but also in the first weeks in November.

[Denker]

Have we left $220-240 for good?

At least I hope so.We had been around and shortly over $300 two times this year but were fallen back to the bottom.So $220-240 is what I see/sa as the bottom and now I hope the 3rd attempt to leave this area will be successful.

[Amph]

i would wait until we can have a new high before saying that, the last high never touched 320 if i rememer correctly, so until then and until the price remain there for a long time i would not hold my hope too much on this

[ssmc2]

Maybe, maybe not. Doesn't matter really. Next year is when the fun begins. Take 1 part block size resolution, 1 part sidechains/lightning, 1 part halving, 1 part ETF, and mix thoroughly to get super bubble numero dos.

[Mickeyb]

Well about a week or 10 days ago when this move has started, I have said that we need to wait about 10 days to see is this just a dead cat bounce or we will keep these numbers. Not just that we kept $260 range but we even broke through $280 today.

It seems to me that this is not a pump and dump. There is something else that's fueling this growth. So I would say that $230 levels are gone for good.

Of course unless something huge and negative doesn't happen. That we can never know, but I don't think there is a huge possibility of something like this happening.

[trafficolaa]

I think so maybe not yet as we are not so far from this price floor but that is good moving as we are going higher and higher again but most important we must need more stable price floor this time to go to next level to touch $400 by the end of this year.

[teddy5145]

I think we left them for good now
The lowest possible price at situation like this is maybe 260
The price has been rising these past weeks and it's a good sign for Bitcoin
Maybe this has to do with Christmas coming in a few months

[1Referee]

I still think it's possible to see the price take a few steps back, but more in the range of $230-$240 as ultimate low, unless a whale wants to dump a huge load of coins to cause panic.

[dothebeats]

240 would be a rock solid floor if in case a crash happens. Tests like this could be done to see how would the market react. I have a feeling that once the top is in, a decrease towards 240 will happen before another run, this time it will continue to last until the halving.

[disclaimer201]

There is no such thing as 'for good' in the Bitcoin world. But with the good news in Europe making Bitcoin a currency and the halving next summer, the midterm trend should be up. Short term, either we will see a rally or as is usual, we will see a steady price increase, some major selling on Sunday, and more steady buying in on Monday/next week. In any case, we will all be back checking bitcoinity more often and check into the speculation forum as if this was 2011 or 2013.

[gentlemand]

Doubt it. It's a well worn pattern by now and really not that far away from the present price. It would be crashingly dull if it happened but it shouldn't be surprising to anyone.

[randy8777]

not yet. as long as we don't see the support is building up at the $300 level, i can't say for sure we won't fall back to the $220 level once again.