Seems to have started to flatten out. Thoughts?

[judgefudge]

Prices see to have flattened out. Think everyone has jumped ship yet? Or did I prematurely stock up on my "before xmas coin sales". 

[cryptonoob312]

it is normal i think. prices are going back to its real numbers. since november i was saying that bitcoin is overpriced due to some speculations. it's just the market.

[coinycoiny]

Its a dead cat bounce.

The coin is useless. This can only go one way now.

[AllGoodNamesAreTaken]

it is normal i think. prices are going back to its real numbers. since november i was saying that bitcoin is overpriced due to some speculations. it's just the market.

Aha, and what are the real numbers? $10, $100, $1,000, $10,000...?

[RSM0103]

I think it is normal that it all go down these time around because of the holiday season because all of the investors getting its money to cover their holiday expenses, but in the otherhand it is a good time to buy some of coins because of the price down.

[judgefudge]

Its a dead cat bounce.

The coin is useless. This can only go one way now.

Please elaborate. How do you see it as useless?

[filharvey]

Every one knew very well that bitcoin price has over risen and its not good for bitcoin progress.By any way,it has to come down and that's what we are seeing now.Price is now $13,700 and i expect it very soon to come down to $10,000.Steady increase is good for bitcoin.All the spike was mainly due to CME,CBOE entering the market.I hope that many would celebrate this christmas by selling their bitcoins since i think that most of them would have bought it when the price was just $5,000.