my prediction is 3500 - 4000$ if we can cross 800$ this year..
If we go up from here 450 ish.. this might be the last time we have been here..
don't think for a minute guys like draper cannot put price over 1000$ them selves..
remember gox bot.. now there are guys who actually have this amount of fiat to push price up.
and remember when price goes up.. not many miners will sell until it reached a bubble pop.. thats why they are mining in the first place..
the guys who cashed out with high profits to buy stuff already did.at bubble pop 2013..
. it the one's selling now are traders to get more coins .. gotta thank the weakhands for the coins we have today at this price
look at bfx ask side.. how many coins left ?
soon we will realize.. wait.; where are all the coins at?
i have this long term theory.
big guys only can become bigger if they stach more coin.
not because they will be able to cash them out in 1 sell.. they would crash market to 10$ or something..
but if they keep their coins they have to sell less coin for more fiat.. keeping them coins for the long run when coins will be hard to find
2016 halving .. i'm wating for you