Bitcoin Price Crosses 600$,Rising 34% in one month | CoinDesk | #bitcoin

[bryant.coleman]

When there is a rise , there is a fall.
Be careful.

Well... there won't be a fall, unless there is a solid reason. BTC crashed from $1,200 to $900, after China banned it. It further crashed to $350 after the Mt Gox robbery came to light.

[Ron~Popeil]

China will be back to ban it several more times this year. People have stopped listening to them. 

[keithers]

I don't think it was really the Dish Network news that has us back on the rise.  I have been saying for a long time now, that I didn't think the prices matched what they should have currently been at.  Over the entire 2014 so far there has just been so much adoption and so, so much money dumped into new technologies, and business on top of bitcoin, that it was only a matter of time before the prices started to reflect all of that.  It is finally happening now..

[tzortz]

At $625 now, and keeps rolling.

[Sophokles]

This graph has again proved itself to be true...

1500 before next crash then? Sweet.

more like 10000, graph is logarithmic 

[gondel]

good "old" bitcoin times are back 

This time never gone anywhere
BTC will shoot 1000 with this temps at the end of june and sooner you will see
Time to buy

[BitCoinDream]

This graph has again proved itself to be true...

1500 before next crash then? Sweet.

more like 10000, graph is logarithmic 

As per the Y-axis in right hand side, it is not 10,000 USD I guess. It is close to 5000 USD probably. But, that part is not yet drawn

[DolanDuck]

As per the Y-axis in right hand side, it is not 10,000 USD I guess. It is close to 5000 USD probably. But, that part is not yet drawn

As someone said before, the Y-axis isn't linear but it's logarithmic, so following that chart the next bubble will peak around 10.000$...

[bryant.coleman]

China will be back to ban it several more times this year. People have stopped listening to them. 

lol... China has already banned bitcoin a few dozen times already. Yet they have two bitcoin ATMs there in mainland China, one in Beijing and the other at Shanghai. And not to mention the large number of Bitcoin ATMs and exchanges operating out of Hong Kong.

[Amph]

When there is a rise , there is a fall.

Be careful.

there is also a permanent average rise per year

[Wolf Rainer]

This graph has again proved itself to be true...

It´s interesting how the patron seems to repeat over and over again. What do you think will be the next break limit to reach before the next crash?

[Alley]

Question is what will cause the next crash?  Will there need to be bad news?  Can the cycle of the crash be broken?

[boraf]

Question is what will cause the next crash?  Will there need to be bad news?  Can the cycle of the crash be broken?

Let's hope the crash will be after new high.

[Zyborg]

Question is what will cause the next crash?  Will there need to be bad news?  Can the cycle of the crash be broken?

I guess it doesn't need to be a crash, the increase could just plain out and eventually the price could start to fall. However if you look at the past and use it to predict the future you can see a clear repetition.

[tzortz]

I think we are in full throttle?

[Coinbuddy]

Yeah, we are in driving seat

[negafen]

We are still 50% off the high.

[Zyborg]

We are still 50% off the high.

It's still rising though so shouldn't be long.

[okthen]

When there is a rise , there is a fall.

Be careful.

Of course there will be a fall.
But there has to be a big rise before that. And then see how we consider 3 digits "2014 history"

[tzortz]

We are right here...