The BULL RUN has BEGUN?

[ndnh]

I think so.
The bull run has begun.

What is your opinion?

[Watoshi-Dimobuto]

I think so.
The bull run has begun.

What is your opinion?

Aye. It has started.

$330 right now.

[ElectricMucus]

Everybody is waiting for it to bounce.

[exocytosis]

Dead cat bounce again. This signals that we'll see sub 300 before the end of the year.

[resya]

Yes.. The bull run has just begun, I filled my bag under 310. thanks all sellers, you make my day.. I won't sell till it hits 350

[Parazyd]

Bouncy

It's nice, but it's still gonna be a bumpy road.

[gentlemand]

There should be a 'same old shit' option too.

[stonerider]

Nah. It's over. Get over it. Hodl, wait a year or two.

[Watoshi-Dimobuto]

Why so much pessimism?

You guys sold? or did you put leveraged short positions or something? And is trying to push the price further lower?
I don't know why, I get that impression.

There are huge buys. More bitcoin is bought than sold. But the price is not rising proportionate to that. I suspect manpulation.

[Bananana]

Just more like some recovery then bull run, it will stagnant again after few days.

[ndnh]

Pics I took right now.

Bitstamp:



New:


Bitfinex:



I am very bullish. The whales bought low after crashing the price. (My thinking...) Now they would want to push the price high to sell it.  

[Zangelbert Bingledack]

It's not pessimistic to say HODL. It's optimistic, just on a longer time horizon. It might go up from here, but I see no particular reason that this is anything other than a rebound from the recent dip. There is not really any way to know for sure when Bitcoin will make its next order of magnitude run, even assuming it will, so you'd best get comfortable with it. I repeat, if Bitcoin continues growing exponentially, that still provides no real guidance for the short term. It could do anything in the meantime, and history has shown that it generally will. Relax and wait.

Impatience is a warning sign that you're about to lose money

[Redwan]

no hope from me this year i will not buy before march 15

[ndnh]

no hope from me this year i will not buy before march 15

I think January is a better choice?

For me, I will buy now. Actually I already bought most of it. I keep buying till price crosses 350.

[1Referee]

It's nothing more than a small recovery, at least that's how it looks.

I keep holding, it's great fun seeing your coins gain value  

[ndnh]

It's nothing more than a small recovery, at least that's how it looks.

I keep holding, it's great fun seeing your coins gain value  

Why do you think so? I see it as a strong one, anyway. The sell orders are big. But the price is going up.

I have been monitoring it for the last few days. There are very big buying going on. Dunno why price isn't increasing that much.

[Febo]

I think the shock will be on 26th December when everyone will open their christmas presents and since most will get bitcoin in shiny new wallets will want to spend them.
Not much time left to see this.

[Parazyd]

I think the shock will be on 26th December when everyone will open their christmas presents and since most will get bitcoin in shiny new wallets will want to spend them.
Not much time left to see this.

Positive or negative shock?
I imagine a lot of people are getting BTC as Xmas presents.

[Seketsuna]

Its hopeless, sell now or regret later

[oblox]

Really need to see a close above the downtrend trendline from the all-time highs through subsequent swing highs before we are in a bull-run (ideally above Stamp's pivot high of $454). Having said that, I also believe a lot of the year end selling is partially do to tax loss harvesting, especially with those that have large losses from buying the beginning of the year. I think January will prove to be a solid month for BTC as wash sale restrictions fade and people can get back in.