Looks like a new bubble is coming

[wopwop]

Are you guys ready ??

[Kazimir]

Nope, looks like a new correction is coming. Upwards, that is. And yes I'm ready. Still got way too many euros on my hands that I need to get rid of, now that they're still priced high (like 0.0125BTC each or something).

[AceCoin]

[Kluge]

All-in long on this one.

Go yellow! 

[Serge]

are you suggesting that it's going to pop some time soon?

[AceCoin]

but this time i don't understand to what is related this growth

[No_2]

but this time i don't understand to what is related this growth

Could be the Cyprus crisis is back in the headlights:

https://bitcointalk.org/index.php?topic=264247.0

[freedomno1]

observes but very possibly it could occur upward

[Serge]

but this time i don't understand to what is related this growth

venture capital, more serious interest and of course drama over small unknown Thai exchange and their interpretation of BoT advisement to them, oh yeah and the pirate ponzi case

and asic miners i would think less forward selling their coins right away

[Itcher]

Inside Bitcoin Conference yesterday?

[Kluge]

but this time i don't understand to what is related this growth

Making a move on news just helps non-traders think it's organic. "News," for the most part, is inconsequential, and there's so much news, if you really want an "explanation," you could find just about anything and point to it. The movement itself is the real news, and it doesn't really matter whether or not it was triggered by one guy making a big bet, because now everyone's diverting their attention to Bitcoin trading.

Unconfirmed reports of two men spitting fire on Ben Yehuda St. O look, it's a sign from God! It's the apocalypse!
Unconfirmed reports of Thailand Central Bank declaring Bitcoin outlawed. O look, it's a sign from Gox! It's the apocalypse!

[AceCoin]

maybe is for this:

29 july 2013

http://www.rte.ie/news/business/2013/0729/465281-cyprus-deposits/

"depositors at the country's largest bank will lose 47.5% of their savings over the €100,000 insurance limit"

"Restrictions on money withdrawals and transfers were imposed for all banks to head off a run on the institutions"

[franky1]

also to add while ASIC miners were selling off their 1.6BTC a day mining income for $90/btc($144) quite happily, knowing they are getting an income higher then national minimum wage per week.

miners are now seeing difficulty jumps and beginning to hoard or at least rethink a fair value for their coins. along with the remaining GPU farmers and those eager investors in spring time that got coins for over $200, they will all start to put a minimal sale price in mind of $120 upwards.



.............possibly

speculation can be anything if it sounds plausible

[Jbanna]

Inside Bitcoin Conference yesterday?

i was there. wasn't that interesting.
if anything it made price rise slower than it would have.
lol

[lonestranger]

Jbanna,
could you give more detail on the conference?  Presentations? Conversations?  Attendees?

[Raize]

miners are now seeing difficulty jumps and beginnng to hoard or atleast rethink a fair value for their coins.

For myself, this is pretty much spot on.

[BitChick]

miners are now seeing difficulty jumps and beginnng to hoard or atleast rethink a fair value for their coins.

For myself, this is pretty much spot on.

Since there really is nothing that newsworthy that would be causing the bump right now from what it appears, this seems the most likely cause. 

[XXthetimeisnowXX]

dropping like a rock. im out, ill wait for it to stabilize around 101? then get back in.

[vokain]

dropping like a rock. im out, ill wait for it to stabilize around 101? then get back in.

curious thing, if the cause of the rise was related to fears of gox USD insolvency, why would people sell back into gox? i think this is just a normal retracement after jumping up to 111 from being below 100 for so long