If we hold 300...

[pattu1]

The $300 barrier will be broken again.

Probably quite soon. $316 now.

We seem to be steadily drifting downwards.
I will give it a week more.

[Kevin77]

I can tell already that a lot of people is panic selling because there was a very bullish sentiment lately with the sudden price surge, this has disappointed a lot of holders. People will never learn to hold long term, I think its genetics or something, so only a few will make it in the end.

Yes it seems many people are not willing to hold for long-term instated of selling in panic. But for the big price rise we need sellers as well as holders. This is a common thing in any free market we cannot expect everybody to hold.

[Havelivi]

I think this time it will stay above $300 for a long time because it has potential for next big rise so better to hold for long term.

[Harmonica]

With the holidays coming, no real/true change to what Bitcoin currently brings to the masses, it is almost certainly going to go down from this point.  Most likely breaking and staying bellow the $300 point.

Unless there is another speculation run up.

[lexuz]

I think this time it will stay above $300 for a long time because it has potential for next big rise so better to hold for long term.

I see indication like you said too, looks after this year we will see big jump again like before when we strong in the range 200++ and maybe after big jump we will see dumping price drop to level 400-500

[RKing]

With the holidays coming, no real/true change to what Bitcoin currently brings to the masses, it is almost certainly going to go down from this point.  Most likely breaking and staying bellow the $300 point.

Unless there is another speculation run up.

Another speculation run up could be caused by the agreement of the block size increment. This issue has hold the bitcoin price down for some time. Even if the block size is increased to 2MB temperately, the price will rise dramatically. The price has been hold down for too long.

[randy8777]

With the holidays coming, no real/true change to what Bitcoin currently brings to the masses, it is almost certainly going to go down from this point.  Most likely breaking and staying bellow the $300 point.

Unless there is another speculation run up.

Another speculation run up could be caused by the agreement of the block size increment. This issue has hold the bitcoin price down for some time. Even if the block size is increased to 2MB temperately, the price will rise dramatically. The price has been hold down for too long.

the core devs must do something. a 2mb cap is enough to start with. i am also sure the price will rise significantly due to that.

[1Referee]

With the holidays coming, no real/true change to what Bitcoin currently brings to the masses, it is almost certainly going to go down from this point.  Most likely breaking and staying bellow the $300 point.

Unless there is another speculation run up.

Because you think people will sell their coins for fiat to buy goods and gifts? If they are securing profits to buy stuff for the holidays, then it's fine since it is profit. But if people cash out because they don't have other money free to buy stuff for the holidays with, then it means they are investing the money they need and can't miss in their private life into Bitcoin. That's when things start to go wrong.

I do think we'll hold the $300 price level. If we advance a bit further the comming weeks, then we are more likely to see that price level being maintained as dumps will then not push it below $300. If they want to see it below $300, they can, but if whales have already accumulated enough coins, then there is no reason for them to do it.

[NorrisK]

Seems more and more likely that we will stay above 300 as price starts moving side and upwards.

Buy time is probably over again already.

[Amph]

i think it's not a matter of what we can hold, it's a matter of what "their"(this is a small market, only big traders are moving it now) new target will be

i mean, if they want to go to 400 now they can do it easily, they are waiting something for the next move, like they waited for the vat free news and akin

[richardsNY]

i think it's not a matter of what we can hold, it's a matter of what "their"(this is a small market, only big traders are moving it now) new target will be

i mean, if they want to go to 400 now they cna do it easily, hey are waiting something for the next move, like they waited for the vat free news and akin

I agree that this entire market which as you say is a small market for big traders, can go anywhere if they want it. They are whales for a reason. They know exactly how to play the market and make us believe we are going through a massive bull run. It starts when they want it to start, and it ends when they want it to end.

[RKing]

With the holidays coming, no real/true change to what Bitcoin currently brings to the masses, it is almost certainly going to go down from this point.  Most likely breaking and staying bellow the $300 point.

Unless there is another speculation run up.

Another speculation run up could be caused by the agreement of the block size increment. This issue has hold the bitcoin price down for some time. Even if the block size is increased to 2MB temperately, the price will rise dramatically. The price has been hold down for too long.

the core devs must do something. a 2mb cap is enough to start with. i am also sure the price will rise significantly due to that.

The transactions are slow again. There are quite a few blocks over 900 kB recently. This is delay the adoption of bitcoin.

[ingiltere]

Looks like 300 is strong support but at the same time 350 is resistance. We're stuck at 50 dollar range again.

[mixan]

The $300 barrier will be broken again.

Probably quite soon. $316 now.

We seem to be steadily drifting downwards.
I will give it a week more.

Not going to happen from what is going on now from yesterday. It hasn't moved much in last 24 hours. Still at $340~ range all day today.
I think it will just go up from here but not a steady incline. It will slide down then up just as you say but on a positive level.

[Supercrypt]

The $300 barrier will be broken again.

Probably quite soon. $316 now.

We seem to be steadily drifting downwards.
I will give it a week more.

Not going to happen from what is going on now from yesterday. It hasn't moved much in last 24 hours. Still at $340~ range all day today.
I think it will just go up from here but not a steady incline. It will slide down then up just as you say but on a positive level.

Yes prices never broke the big resistance level of $300 in bitstamp, and sustaining around $330 to $340 levels. These are the symptoms of going towards $400 levels again. I too believe slow and steady raise from here.

[zalucia]

The $300 barrier will be broken again.

Probably quite soon. $316 now.

We seem to be steadily drifting downwards.
I will give it a week more.

Not going to happen from what is going on now from yesterday. It hasn't moved much in last 24 hours. Still at $340~ range all day today.
I think it will just go up from here but not a steady incline. It will slide down then up just as you say but on a positive level.

Yes prices never broke the big resistance level of $300 in bitstamp, and sustaining around $330 to $340 levels. These are the symptoms of going towards $400 levels again. I too believe slow and steady raise from here.

The price is over $400 now. So it is good omen that the price will go higher in the near future.

[hector3115]

Going below 300 would have been the bears chance to strangle the bull while he was still a baby, but now he's fully grown and can't be stopped.

[Supercrypt]

Going below 300 would have been the bears chance to strangle the bull while he was still a baby, but now he's fully grown and can't be stopped.

But there are only zero percent chances for the prices going below $300 levels. The recent raise in hash rate is the one of the backing reason here. So, many experts predict there is no chances even for testing of $400 levels also. Bitcoin price is heading towards consolidation of $500.

[NorrisK]

Going below 300 would have been the bears chance to strangle the bull while he was still a baby, but now he's fully grown and can't be stopped.

But there are only zero percent chances for the prices going below $300 levels. The recent raise in hash rate is the one of the backing reason here. So, many experts predict there is no chances even for testing of $400 levels also. Bitcoin price is heading towards consolidation of $500.

Zero percent chance is a little bit too much.. Imagine a flaw in the code was found, that could seriously push us in that direction if it was bad enough.

I agree though, the chance is very low, even for going below 400 again. It is time to accept that cheaper coins are not going to happen anymore and the half year window of 200 dollar coins is over.

[zalucia]

Going below 300 would have been the bears chance to strangle the bull while he was still a baby, but now he's fully grown and can't be stopped.

But there are only zero percent chances for the prices going below $300 levels. The recent raise in hash rate is the one of the backing reason here. So, many experts predict there is no chances even for testing of $400 levels also. Bitcoin price is heading towards consolidation of $500.

The price could still go below $300 by a large whale to create a flash crash to get some coins by triggering stop loss.