Well that didn't last long...

[fewcoins]

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

Correct, lol at the guy above me that thinks 475+ is achievable. Greed will slaughter all you pigs!  

Seeing that we were at $453 Stamp $460 Finex less than 16Hrs ago, how is $475 not achievable?

Actually, just reviewed your previous posts Fair enough - everyone has an ideal price, and don't blame folks on here who want "cheap coins" be it $150, $300, $500 - good luck all, hope you're Limit Orders come good for you : )

Believe the technology is in a volatile phase and will be for another 4 years. Could be wrong but think we will continue to sustain this daily volume for a while longer and price is going up $475 range (48Hrs) tomorrow or Saturday/Sunday

Ummmmm because we are now at 400 & the people holding on from $480~ will join the sell off when it passes 388. Short term btc will bomb very soon

[darkangel11]

Bitcoin went up $40 in 3 days and you call it a downtrend? I thought a downtrend is when every week the price is lower. 
Nov 1st $338
Nov 7th $350
Nov 14th $405

Downtrend my a$$

[Nagle]

This looks like momentum traders.  Nothing has happened to affect the price much in the last two weeks, other than the head of Silk Road 2 being arrested. It may even be 'bots doing momentum trading driving the rally and selloff all by themselves.

Momentum traders have the effect of amplifying any little change and increasing volatility. They don't affect the long term price much one way or the other.

It's possible to make a lot of money momentum trading.  Especially if you have some edge like access to the transaction flow at an exchange, and can front-run. Mt. Gox, before they tanked, seemed to have a lot of that.

[Aterna]

I can't see $500 happening this week. I think we're closer to $300 than $500 as far as probability goes. We shall wait and see.

[exocytosis]

Bitcoin went up $40 in 3 days and you call it a downtrend? I thought a downtrend is when every week the price is lower. 
Nov 1st $338
Nov 7th $350
Nov 14th $405

Downtrend my a$$

Bitcoin has gone down 60-70% the last 11 months. I call that a downtrend.

[Addition]

I can't see $500 happening this week. I think we're closer to $300 than $500 as far as probability goes. We shall wait and see.

Fair play - was thinking $500 range just due to the impressive 3day green chart candles, definitely gonna be around next 3 days to see whats up (or down : )

Got my margins set high on Localbitcoins just in case of another mini rally

[fewcoins]

I can't see $500 happening this week. I think we're closer to $300 than $500 as far as probability goes. We shall wait and see.

Fair play - was thinking $500 range just due to the impressive 3day green chart candles, definitely gonna be around next 3 days to see whats up (or down : )

Got my margins set high on Localbitcoins just in case of another mini rally

Looks like that mini rally is happening now.  I think we'll hit $430 in the next 15-20min.  Just a lot of good consolidation this morning.  As long as people continue trying to short on Bitfinex, the Chinese manipulators will continue squeezing them. 

430 is still lower highs but I don't think we will go that high... If we pass 380 the snowball effect will be redic! 

[maker88]

well it hit 475 on bitfinex soooo....youre dumb.

[cr1776]

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

$400 higher than 2 years ago.

400000% higher than 5 years ago

[favelle75]

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

Correct, lol at the guy above me that thinks 475+ is achievable. Greed will slaughter all you pigs!  

Seeing that we were at $453 Stamp $460 Finex less than 16Hrs ago, how is $475 not achievable?

Actually, just reviewed your previous posts Fair enough - everyone has an ideal price, and don't blame folks on here who want "cheap coins" be it $150, $300, $500 - good luck all, hope you're Limit Orders come good for you : )

Believe the technology is in a volatile phase and will be for another 4 years. Could be wrong but think we will continue to sustain this daily volume for a while longer and price is going up $475 range (48Hrs) tomorrow or Saturday/Sunday

Ummmmm because we are now at 400 & the people holding on from $480~ will join the sell off when it passes 388. Short term btc will bomb very soon

Quoted for future funnieness.

[CoinCidental]

Price is going back down quickly, seems like bitcoin cant sustain price growth or higher price levels.  The downtrend seems to still be in tact.  Was it just another fake pump?

hang on
its barely  breakfast time in china now
the buying may well continue all day like it did yesterday and ease  off in the evening (chinese time )

[fewcoins]

Price is going back down quickly, seems like bitcoin cant sustain price growth or higher price levels.  The downtrend seems to still be in tact.  Was it just another fake pump?

hang on
its barely  breakfast time in china now
the buying may well continue all day like it did yesterday and ease  off in the evening (chinese time )

or the Chinese can wake up & sell the way they did all night! 

[moiraine]

stabilization at 400~ is great considering how long we were in the low 300s. If we ever touch the 250 level again (a la 2012-2013 spike) i think it'll be over

[darkangel11]

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

$400 higher than 2 years ago.

400000% higher than 5 years ago

+1
Or in his words:
$10 higher than 12 months ago
$250 higher than 13 months ago
$320 higher than 16 moths ago
$390 higher than 24 months ago

[darkangel11]

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

$400 higher than 2 years ago.

400000% higher than 5 years ago

+1
Or in his words:
$10 higher than 12 months ago
$250 higher than 13 months ago
$320 higher than 16 moths ago
$390 higher than 24 months ago

wasn't able to post todays chart in time. Here it is:

One year ago...

BTC was at 409.77 USD (Bitstamp VWAP)

Bitcoin broke 400 USD for the first time in history.
Currently, we are below the exchange rate of one year ago 

Depends how you look at it. t was $413 today on Bitstamp and the lowest price a year ago was below $390

The day is not over yet

[UnDerDoG81]

I don´t see Bitcoin ever climb over $600 again. Every time it starts rising, some greedy mofos drive the price back down. And this will continue all the time. Exactly these type of people are also the reason why the world is sickening more and more. Greed and money kills millions of humans every year. Especially humans who live in countries with a lot of oil.

[BittBurger]

Price is going back down quickly, seems like bitcoin cant sustain price growth or higher price levels.  The downtrend seems to still be in tact.  Was it just another fake pump?

1)  Genuine, organic value increase is happening "under the hood".  Its gradual, and over a long period. 

2)  People with money are OBVIOUSLY pumping and dumping on top of that "base" value price.   

--------------

If you haven't noticed the obvious trends where prices go up to .... then drop ... you haven't been paying attention.

The value of Bitcoin isnt going to rise in a spike.

The real organic value of Bitcoin is going to grow gradually over time, as adoption increases over time.

The rest?  Pumps.

Buy 10-20 bitcoins you're willing to lose and play the system.  There's money to be made.

-B-

[Bad Uncle]

Price is going back down quickly, seems like bitcoin cant sustain price growth or higher price levels.  The downtrend seems to still be in tact.  Was it just another fake pump?

Did you honestly expect it to just keep going and going? We shouldn't expect anything other than wild fluctuations for the foreseeable future, this is bitcoin after all.

[piramida]

What the hell doomsday trolls are actually bubbling about here? The price is still growing since hitting the 275 lows; the fact that it is not sitting at the local high is just the way markets work. Grow, rebound a little, continue growth.

How you can tell we are growing, a blind troll might ask? Each rebound is higher than the one before, that's how. When we go below 310, that's when you can say we are going down and this growth has stopped. Now, my headless chicken, you can return back to running around screaming

[JimboToronto]

Each rebound is higher than the one before

Exactly.

Oct. 5 bottom at <280

Oct. 14 rise to >415

Nov. 1 bottom at <320

Nov. 12 rise  to >450

Nov. 12 bottom at >380

Of course beartrolls in denial will call these Dead Cat Bounces and insist that the Oct. 5 high-volume capitulation wasn't the bottom because it doesn't fit their little wishful-thinking agenda of a cheap coin dream world.

As long as the Dead Cat Bounces keep getting higher and higher, maybe they'll DCB all the way to an ATH.