Price is about to Explode!

[BitcoinAshley]

I highly doubt the price is going to explode.

We're certainly in a bull market but it'll be a while before we pass $125 and don't look forward to $150 anytime in the next month at least.

Long slow slide... upwards.


Just LOOK at those inflections, man. Really LOOK at them.

[dexX7]

Just want to throw in some bid/ask charts..



Well.. that's insane.

$ 310,50 here we come!

[BitPirate]

That's more like it....

[fr33d0miz3r]

$ 310,50 here we come!

why $310,50? 

[NamelessOne]

$ 310,50 here we come!

why $310,50? 

I was going to ask the same! 

[redwraith]

bitcoin will never reach the hights of the previous bubble, too many people learned their lesson

Laugh. Out. Loud.

[BTCThousandaire]

Just want to throw in some bid/ask charts..



Well.. that's insane.

$ 310,50 here we come!

Nice Find. That really looks like a confirmation. Looks like it wanted to take off but the bad news stopped it.
One possible reason for the lowering asks is people moving BTC off of MtGox.

I say $350 as soon as 2 weeks, but probably much sooner.

[Zangelbert Bingledack]

I don't think the price will explode yet; the bubble-crash is still too fresh in too many people's minds.

I think we will simply return to exponential growth, maybe with a nice catch-up rally in there somewhere (I'm guessing this week or next) since we are presently below the exponential curve, to reach $200 in about 3-4 weeks. And then continuing to hit $1,000 by September and $10,000 by Christmas.

[vokain]

I don't think the price will explode yet; the bubble-crash is still too fresh in too many people's minds.

That's not bad, because people will just have to wonder why if Bitcoin indeed was a bubble, why the hell is it still around?

[Zangelbert Bingledack]

What I see, psychologically, is as the price starts exploding people will remember the old euphoria, then the old fear and regret will come rushing back and they'll get conservative and sell to strength, not wanting to get suckered into old mistakes. After a few fakeout rallies and steady growth and boring price responses to bad news, the psychology will be rebalanced and growth will continue.

Also, new investors with no bubble experience will be coming in all the while. Eventually we'll again have so many new investors that they outnumber the old, and another bubble will happen. Maybe in November or something, and we'll crash all the way down to $5,000 with people declaring the end of Bitcoin

[vokain]

What I see, psychologically, is as the price starts exploding people will remember the old euphoria, then the old fear and regret will come rushing back and they'll get conservative and sell to strength, not wanting to get suckered into old mistakes. After a few fakeout rallies and steady growth and boring price responses to bad news, the psychology will be rebalanced.

I agree that will be a factor in price. I also think it will also be hard to ignore all the development that's been buzzing around lately. Fear/greed cycles whatever

[Zangelbert Bingledack]

Oh I'm definitely factoring the positive news in. Such news is required for exponential growth to continue. I'm extremely bullish, of course, make no mistake.

[vokain]

Again, paranoia that I don't have enough coins is setting in me again  

[pwi]

As much as I want to believe this, I'm sure this will only end in disaster.

The best parties ALWAYS end in disaster.

Bitcoin Hangover IV

[razibuzouzou]

Buy high ... sell super high !

[gogxmagog]

As much as I want to believe this, I'm sure this will only end in disaster.

The best parties ALWAYS end in disaster.

i dont know about you, but my best parties tend to end in champagne, cocaine and blowjobs. 

[Rampion]

As much as I want to believe this, I'm sure this will only end in disaster.

The best parties ALWAYS end in disaster.

i dont know about you, but my best parties tend to end in champagne, cocaine and blowjobs.  

LOL - that could be considered a disaster, depending on either you have a wife or not, and depending on how fucked up are the friends left in the party at that point

[yokosan]

"I can calculate the movement of the stars, but not the madness of men" - Isaac Newton on the South Sea Bubble

[Wekkel]

We are about a month past the 'crash'. Its more and more beginning to look like a correction though. The winner will decide.

[600watt]

Again, paranoia that I don't have enough coins is setting in me again  

while spending nights on clarkmoody and gox i experienced losing €. oh it felt bad.

but, when for the first time i experienced losing the coins....  that was much worse.

then i knew what i was out for.