The $500+ Bitcoin Is Back ... (HAPPY?)

[Armis]

Well this is what you were looking for, now that it's here are you about to sink a ton into it, or wait for it to drop further into the low $500+s; perhaps even eyeing for the $400+ range?

[DGulari]

Well this is what you were looking for, now that it's here are you about to sink a ton into it, or wait for it to drop further into the low $500+s; perhaps even eyeing for the $400+ range?

Hodl!!

[ChuckBuck]

All it means is a good buying opportunity.  

It'll bounce back over $600 very soon.

[sudoku]

I'm firmly in the waiting camp. 

[reactor]

I'm firmly in the waiting camp. 

Yup, cause if everyone sells then the pyramid falls.

[MrBea]

I'm a buyer

[Dalmar]

There is a 99.99% chance that we will see $400s bitcoin in 2014 once more. No need to rush.

[koryu]

looks like we are still in correction of the ATH

[mooncake]

If CIO of Legg Mason is buying, shall we buy?
http://www.bloomberg.com/video/potential-return-for-bitcoin-is-huge-miller-4vvq72kCTrOGvs4FjaFxRw.html

[Beef Supreme]

Bouying!

[leopard2]

well, he is saying it cleary: gold = 8 trillion $, btc = 7 billion, so the upside potential is huge

I think $400 is a real possibility, but if you sell at 590 in order to re-buy at 400, you take a risk that this isn't happening and then what? then you have sold your coins and watch them go WAY up

right now you can lose 590 but gain 1400 or more, both is equally realistic.  

[the joint]

There is a 99.99% certainty that we will see $400s bitcoin in 2014 once more. No need to rush.

The baselessness of your proposed probability increases the absurdity of your statement by 84%.

[Dalmar]

well, he is saying it cleary: gold = 8 trillion $, btc = 7 billion, so the upside potential is huge

I think $400 is a real possibility, but if you sell at 590 in order to re-buy at 400, you take a risk that this isn't happening and then what? then you have sold your coins and watch them go WAY up

right now you can lose 590 but gain 1400 or more, both is equally realistic.  

Selling now for cheap coins is stupid. Only people who sold over 700-800 should risk waiting for $400s bitcoins, imo.

[povlhp]

Price is down because of the block chain.info issues.
Will soon correct itself. I see 10%+ upside over the next month.

[bl0ckchain]

Well this is what you were looking for, now that it's here are you about to sink a ton into it, or wait for it to drop further into the low $500+s; perhaps even eyeing for the $400+ range?

If you compare the underlying fundamentals of various coins, you will see large price differences between those having similar coding foundations.

In my search for the most undervalued cryptocurrency, I discovered a coin called Goldcoin (GLD) that appears to have the perfect balance of innovation and community support to make it an authentic contender. So while bitcoin might be cheap at these levels, I think the really huge opportunity lies in altcoins like GLD.

[Armis]

If CIO of Legg Mason is buying, shall we buy?
http://www.bloomberg.com/video/potential-return-for-bitcoin-is-huge-miller-4vvq72kCTrOGvs4FjaFxRw.html

sweet interview, NOTICE when he got into bitcoin only a month now

Price is down because of the block chain.info issues.
Will soon correct itself. I see 10%+ upside over the next month.

huh, if it's a block chain issue, how will it correct itself?

[BitCoinsLOL]

 I read in bloomberg news someone purchased a 800,000 villa in BTC maybe they're dumping the coins  .

[Armis]

I read in bloomberg news someone purchased a 800,000 villa in BTC maybe they're dumping the coins  .

... one man's trash ...

[Rygon]

huh, if it's a block chain issue, how will it correct itself?

The blockchain.info service/website is having issues. The Blockchain itself is fine..

[Beef Supreme]

I read in bloomberg news someone purchased a 800,000 villa in BTC maybe they're dumping the coins  .

Yeah, but the beauty of BTC is that person can't just turn around and print more of it to replenish what was spent.