Crossed 500 USD - Bull Market returns ?

[SpanishSoldier]

apparently we can't get any higher than 420 

420 is a important barrier. There will be 21 million BTC one day.

 

There are so many price floors and barriers! What I am seing is the price holding up once again

Going up is one thing but breaking $420 is other thing.

Today's high so far is $434.8
That's well past the psychological $420 barrier

And it seems it is trying stabilize over 400... repeat 2013 ?

[boumalo]

apparently we can't get any higher than 420 

420 is a important barrier. There will be 21 million BTC one day.

 

There are so many price floors and barriers! What I am seing is the price holding up once again

Going up is one thing but breaking $420 is other thing.

Today's high so far is $434.8
That's well past the psychological $420 barrier

And it seems it is trying stabilize over 400... repeat 2013 ?

Am betting on the price going down sub 400 then going up again aggressively to 500+! Exciting times

[Carra23]

Looks very promising, but I am cautious in calling it a total reversal.

The rise feels very good though, after months of dropping down and down.

[MichaelBliss]

apparently we can't get any higher than 420 

420 is a important barrier. There will be 21 million BTC one day.

 

There are so many price floors and barriers! What I am seing is the price holding up once again

Going up is one thing but breaking $420 is other thing.

Today's high so far is $434.8
That's well past the psychological $420 barrier

Since most of the trading is happening in China, and it is accepted that it's the Chinese who are moving the price...  Why think that USD values are the psychological barriers?  I would look at the RMB numbers (and possibly read up on Chinese numerology) to see where those barriers might be.

It seems like every day the US has less and less influence on everything, including Bitcoin.

[traderbit]

I am optimistic now simply because the price held at $350-400 for so long.  Which means, it's not likely to go lower than that.

[Beliathon]

I am optimistic now simply because the price held at $350-400 for so long.  Which means, it's not likely to go lower than that.

Considering what happened this time last year, I dare say we may never again see sub-500 bitcoins after this month.

[jubalix]

eh it has to go over $700 before I see a reversal

[RocketSingh]

Waiting for the next peak ? 2000 USD this time ?

Seems it is a good time to launch the new P2P exchange on www.100bit.co.in

I think this graph needs to be changed. A lot has happened since this graph was created.

[newIndia]

Instead of 500 USD, bitcoin is now tanked at 300 something. Any idea how long this situation may continue ?

[SpanishSoldier]

Instead of 500 USD, bitcoin is now tanked at 300 something. Any idea how long this situation may continue ?

It is now even lower than 240 USD, i.e. lower than half of 500.

[majeis]

Instead of 500 USD, bitcoin is now tanked at 300 something. Any idea how long this situation may continue ?

It is now even lower than 240 USD, i.e. lower than half of 500.

Heading south of 231 on btc-e.

[Enjorlas]

This post has been very informational. It clearly shows the blinded optimism of many people on this forum. The few people in this thread that actually correctly made the call that Bitcoin was going down in value were called trolls.

[nutildah]

This post has been very informational. It clearly shows the blinded optimism of many people on this forum. The few people in this thread that actually correctly made the call that Bitcoin was going down in value were called trolls.

Hey, the Evolution (and other) scammers gotta dump sometime. They sell below market price, which in turn drags the market down with it, which will continue until all from the Evo escrows is gone. We still may be undergoing fallout from Gox as well.

[Xiaoxiao]

This post has been very informational. It clearly shows the blinded optimism of many people on this forum. The few people in this thread that actually correctly made the call that Bitcoin was going down in value were called trolls.

Hey, the Evolution (and other) scammers gotta dump sometime. They sell below market price, which in turn drags the market down with it, which will continue until all from the Evo escrows is gone. We still may be undergoing fallout from Gox as well.

Plus don't forget about early adopters that still hold the majority of coins.

[tokeweed]

Waiting for the next peak ? 2000 USD this time ?

Seems it is a good time to launch the new P2P exchange on www.100bit.co.in

This is proof that most people talk out of their ass in speculation.  Yes, me included.

[srgkrgkj]

its what speculation is all about i hope one day we can look back and be considerate

[nutildah]

Waiting for the next peak ? 2000 USD this time ?

Seems it is a good time to launch the new P2P exchange on www.100bit.co.in

This is proof that most people talk out of their ass in speculation.  Yes, me included.

Jeez... that woulda been nice to be $2000+ right about now. For some reason, people just don't get it, nor do they care to get it. BTC has to be a more essential part of everyday life for the common human... Its transactional usage seems to be confined to speculators and thieves.