We are in green 7 weeks in a row first time in 2 years

[LFC_Bitcoin]

I personally am of the opinion that this is the final days of seeing bitcoin in the  200's. Ever!!

I hope you're right on that one. 300 USD is nothing in the long term but it'll be like a breath of fresh air, I'm sick of being stuck in the 200's.

[Fatov]

Firts time without mtgox´s bots 

[pixl8tr]

and ......  It's gone.   Someone woke up the dumpers. 

[NorrisK]

and ......  It's gone.   Someone woke up the dumpers. 

It is just a normal retrace caused by someone taking his profit. Wouldn't you take a 2k profit if you bought 100 bitcoins 2 days ago?

Just part of the normal price evolution. We will be above todays high by tomorrow or the day after. Don't worry.

[randy8777]

and ......  It's gone.   Someone woke up the dumpers. 

taking profits is normal. you can't expect the price to go up constantly without seeing people take profits at certain price levels.

[SmoothCurves]

Really nice chart OP! if this is indeed "the big one", what do you expect the top will be?

[Ibian]

I prefer slow and stable raise after these green visuals. You know last time it raised too high... till it went down so fast.

I prefer exactly the opposite. I hate all those fuckers who didn't buy when BTC was undervalued. Those sheeple who only start to buy in when they read from the newspaper that bitcoin has risen 1000% in a couple of weeks. They deserve to lose their money for their greed and stupidity. They have a gambling problem and they need to be punished. When a bubble bursts it's a perfect punishment for the brainwashed swarm. I laugh at them every time it happens and it's a damn good laugh.

Agreed. Also, volatility is where there is money to be made. Bring on the next superbubble.

[freedomno1]

I had a feeling the green trend was going for a while now and the rises haven't been very rapid
That said it does make me optimistic if were treading at these levels, that said the trend could be broken if the market does not push the price past $300 it's still early though.

[Supercrypt]

I had a feeling the green trend was going for a while now and the rises haven't been very rapid
That said it does make me optimistic if were treading at these levels, that said the trend could be broken if the market does not push the price past $300 it's still early though.

Yes the cent raise towards around $300+ was not happened suddenly. A slow and sustaining movements with good enough volume trading was witnessed almost every day of this progress. This mean that 6 weeks of green trend will continue further hopefully towards $600 mark within this year end.

[freedomno1]

I had a feeling the green trend was going for a while now and the rises haven't been very rapid
That said it does make me optimistic if were treading at these levels, that said the trend could be broken if the market does not push the price past $300 it's still early though.

Yes the cent raise towards around $300+ was not happened suddenly. A slow and sustaining movements with good enough volume trading was witnessed almost every day of this progress. This mean that 6 weeks of green trend will continue further hopefully towards $600 mark within this year end.

Well quoting another chart in the speculation forum we will know if it sees resistance at $320
https://bitcointalk.org/index.php?topic=470453.msg12787208#msg12787208
Either way it's nice to see a long line of green after the long price decreases.

[Lauda]

and ......  It's gone.   Someone woke up the dumpers. 

No. People need to stop reacting to every few dollars that it goes down. It was a healthy correction and we're at $284 now at Bitstamp. We don't need to be going anywhere from that as long as we can keep the price stable. Stability is of greater importance than going into another bubble once again.

Agreed. Also, volatility is where there is money to be made. Bring on the next superbubble.

Bubbles are bad in general. I doubt that most people in this section earn more than peanuts from trading.

[Foxpup]

I doubt that most people in this section earn more than peanuts from trading.

That's only because most people in this section are trolls. Serious speculators make serious money on this sort of volatility.

[gentlemand]

That's only because most people in this section are trolls. Serious speculators make serious money on this sort of volatility.

Serious speculators from elsewhere? I doubt it's crossed their radar yet. All of this is sub peanuts to them. The most swaggering BTC whale would be laughed out of the Hamptons. 

[Spamela Anderson]

This is going to be humongous. 1000$ ATH will be dwarfed like a little bitch.

I don't think we should get too excited yet. Give it a couple of weeks and the price will likely be back down to where it was though I hope I;m wrong. Can't see it going back to anywhere near $1000 either anytime soon. Think we'll probably ave to wait a couple of years to see those sorts of figures again.

[Dilla]

This is going to be humongous. 1000$ ATH will be dwarfed like a little bitch.

I don't think we should get too excited yet. Give it a couple of weeks and the price will likely be back down to where it was though I hope I;m wrong. Can't see it going back to anywhere near $1000 either anytime soon. Think we'll probably ave to wait a couple of years to see those sorts of figures again.

$1k will come sooner than a couple years, what makes it so hard for people to realize this? Why are people predicting $400-$500 at halving? Bitcoin growth is exponential.
"Oh but the last pump was caused by willy bot! Not real money!" Oh really? Look at all these bots trading right now, if there was a reason their owners wanted flip them to fuckin willy 2.0 mode, they would. It's all about timing to maximize profits. Those same bots helped push the price way down under $200 after the bubble. Tell the people who made a shit ton of cash or lost a shit ton of cash it wasn't real money. It's still a zero sum game.

[SmoothCurves]

This is going to be humongous. 1000$ ATH will be dwarfed like a little bitch.

I don't think we should get too excited yet. Give it a couple of weeks and the price will likely be back down to where it was though I hope I;m wrong. Can't see it going back to anywhere near $1000 either anytime soon. Think we'll probably ave to wait a couple of years to see those sorts of figures again.

$1k will come sooner than a couple years, what makes it so hard for people to realize this? Why are people predicting $400-$500 at halving? Bitcoin growth is exponential.
"Oh but the last pump was caused by willy bot! Not real money!" Oh really? Look at all these bots trading right now, if there was a reason their owners wanted flip them to fuckin willy 2.0 mode, they would. It's all about timing to maximize profits. Those same bots helped push the price way down under $200 after the bubble. Tell the people who made a shit ton of cash or lost a shit ton of cash it wasn't real money. It's still a zero sum game.

This is a great point. Many attribute the price gains of 2013 to bots yet negate this bot-influence in the bear market that followed.

[jjacob]

This is going to be humongous. 1000$ ATH will be dwarfed like a little bitch.

I don't think we should get too excited yet. Give it a couple of weeks and the price will likely be back down to where it was though I hope I;m wrong. Can't see it going back to anywhere near $1000 either anytime soon. Think we'll probably ave to wait a couple of years to see those sorts of figures again.

There seems to be some strength behind this push upwards.
So I am hopeful that we will cross $300 soon and stay there.

[Amph]

I doubt that most people in this section earn more than peanuts from trading.

That's only because most people in this section are trolls. Serious speculators make serious money on this sort of volatility.

seeing how the price of bitcoin, remained constant for the past 10 months+, all they can earn is +25% for every bitcoin invested, if they predict exactly the bottom for buying and the top for selling, but this isn't the case as we know

so they are making, supposedly, much less, let's say 5% for every btc, therefore some of them that went big with 1k bitcoin, are making only 50+, which is almost 15k, but this in a time frame of 2-3 months...

[Mickeyb]

This is going to be humongous. 1000$ ATH will be dwarfed like a little bitch.

I don't think we should get too excited yet. Give it a couple of weeks and the price will likely be back down to where it was though I hope I;m wrong. Can't see it going back to anywhere near $1000 either anytime soon. Think we'll probably ave to wait a couple of years to see those sorts of figures again.

There seems to be some strength behind this push upwards.
So I am hopeful that we will cross $300 soon and stay there.

I think we will hang around $300 for a bit. I don't believe we will go back as low as $220s as much as I don't believe we will just shoot up to a $1,000.

It wouldn't be bad at all to break through this $300 and then to format a new, strong floor out of this $300 level.

[8up]

This is going to be humongous. 1000$ ATH will be dwarfed like a little bitch.

I don't think we should get too excited yet. Give it a couple of weeks and the price will likely be back down to where it was though I hope I;m wrong. Can't see it going back to anywhere near $1000 either anytime soon. Think we'll probably ave to wait a couple of years to see those sorts of figures again.

There seems to be some strength behind this push upwards.
So I am hopeful that we will cross $300 soon and stay there.

I think we will hang around $300 for a bit. I don't believe we will go back as low as $220s as much as I don't believe we will just shoot up to a $1,000.

It wouldn't be bad at all to break through this $300 and then to format a new, strong floor out of this $300 level.

Expecting a plateau @~300 for another 3 to 4 month.