300 is broken, to never see again

[Nagle]

Where are we headed from here?

Probably sideways until it becomes clear if Bitstamp is going bust.

[sonofacoin]

Where are we headed from here?

Probably sideways until it becomes clear if Bitstamp is going bust.

Have a look at the price TA I have been doing. https://bitcointalk.org/index.php?topic=869082.0

We are in a very strong falling wedge with no real attempt to break up. There will be bumps along the road where traders can make some money. But like someone mentioned here, big money has shifted from bullish to bearish making money on Shorts or Puts.

Eventually, we will see these same players going into Calls and creating long bullish positions. And with the coins being harder to mine, you will see a bigger rally. And rinse and repeat.

Someone else mentioned that Microsoft and other big companies are accepting Bitcoin and that for that reason it will never die. I think they are just targeting a audience, and it doesn't mean they believe in the coin.


The true value of the coin is not it's price. Have and hold one or two or five coins now. And thank the Blockchain later in 5-10 years. Yes, Five to Ten years.

[sobitcoin]

Where are we headed from here?

Probably sideways until it becomes clear if Bitstamp is going bust.

Have a look at the price TA I have been doing. https://bitcointalk.org/index.php?topic=869082.0

We are in a very strong falling wedge with no real attempt to break up. There will be bumps along the road where traders can make some money. But like someone mentioned here, big money has shifted from bullish to bearish making money on Shorts or Puts.

Eventually, we will see these same players going into Calls and creating long bullish positions. And with the coins being harder to mine, you will see a bigger rally. And rinse and repeat.

Someone else mentioned that Microsoft and other big companies are accepting Bitcoin and that for that reason it will never die. I think they are just targeting a audience, and it doesn't mean they believe in the coin.


The true value of the coin is not it's price. Have and hold one or two or five coins now. And thank the Blockchain later in 5-10 years. Yes, Five to Ten years.

Marketing =)  As a tech company, or really any business with anything to do with computer hardware/software/or services, you would almost be crazy not to.  Accounting is manageable, risk is almost nothing for a merchant, set up in minutes, less fees, attract the already accepting bitcoin community, separate yourself from competitors that are old and boring, give yourself an innovative image, potentially learn some loyalty points, and referrals from educating customers who spread the word... All for, really no (or very little) investment... Volatility worries gone... just pure opportunity.

[spazzdla]

Exchanges shutting down.

Everyone that accetps BTC instantly sells.

Many places that accepted BTC stopped.


This is not bullish in the slightest.

[Brewins]

Where are we headed from here?

Probably sideways until it becomes clear if Bitstamp is going bust.

I say down while people have no reason to believe that Stamp will goes back

[fishy91]

Where are we headed from here?

Probably sideways until it becomes clear if Bitstamp is going bust.

I say down while people have no reason to believe that Stamp will goes back

I say up and down between 270 and 320 until the bitstamp thing's over.

[mlferro]

Where are we headed from here?

Probably sideways until it becomes clear if Bitstamp is going bust.

I say down while people have no reason to believe that Stamp will goes back

I say up and down between 270 and 320 until the bitstamp thing's over.

yes I agree, the numbers in the exchanges are within this range

[H1N1]

We broke 300 even sooner than expected, this ship is sinking faster than you will imagine.
My experience from long time successful trading is to get out as soon as you can.

Year and a half later...zzz