Confirmed: bottom in price reached

[WuttWutt]

From multiple source I have now been able to get confirmations that we've reached the bottom.

basschef sees an upward trend coming because in december 2013, the price went up after it went down: https://bitcointalk.org/index.php?topic=464068.msg5130409#msg5130409

Einewton sees prices go up. just because: https://bitcointalk.org/index.php?topic=464068.0

CryptoNames because he believes there is 'blood in the streets', which automatically translates to 'buy now' because he read so on the internet: https://bitcointalk.org/index.php?topic=463894.msg5125816#msg5125816

And many other profound and well underlined sources confirm this downtrend is over. NOW is the time to buy: we will reach 100.000 $ per bitcoin by the end of 2014!

[Holliday]

Nah. I can't taste the fear yet.

[Lucky Cris]

This was hilarious! 

[traderCJ]

Confirmation confirmed.

[kireinaha]

It's already dropped a few more dollars since the OP

[Mortimer]

Oh wow!  Thanks for info.  Gonna go long now with full leverage! 

[BittBurger]

Can I getta Wutt Wutt?

[bitcon]

wonder if miners are still turning profits at these prices with their miners

[Walsoraj]

Confirmation confirmed.

Unconfirm your confirmation. Also, I quitsies, no anti-quitsies, no startsies, triple stamped, no erasies, touch blue make it true!

This discussion is over.

[Cyberlight]

This is actually good news.

[SlaveInDebt]

wonder if miners are still turning profits at these prices with their miners

Wreaked.

[frank754]

My cube miner I paid $900 in Dec. for is now only making $4 a day at these rates, set to get worse in a few days.

[chesthing]

What miner sells every day at current price? mine and hold.

[Holliday]

wonder if miners are still turning profits at these prices with their miners

I can not wait for cheap ASICs!

Err... actually I've been waiting for a year for cheap ASICs.

[skir]

If there are no more bad news then we can say that the price bottom has been reached. My prediction is that it will bottom out at around $540 +/- 20 on Bitstamp assuming no negative press.

[damiano]

I got my fiat ready

[skir]

If there are no more bad news then we can say that the price bottom has been reached. My prediction is that it will bottom out at around $540 +/- 20 on Bitstamp assuming no negative press.

Just wanted to point out that my prediction was correct 

[thelema93]

what the f**k is fiat good for?

cheesburgers?

[evolve]

what the f**k is fiat good for?

Uhh...everything?  

Oh, and not having 80% swings in purchasing power in a matter of days. It's really good at that.

[Mythul]

If OP says so, I confirm.