Bold move because 300$ is at the corner

[ssmc2]

I partially agree. But I don't think it'll remain stable here for long. It'll go to sub $200 in late Feb or March.

Well, currently its strong at 230, without any good news coming in. So I doubt we will see sub 200 anytime in the next 2 months.
However any good news should get us up

Until the block reward drop i dont think we will see some pump action.
Sub 200 is definetly  a strong possibility, altho many wont agree. Think about it, you are all waiting for some good news to pick up the price,
but never think about how fragile asset is if such small things drive its value up and down 20-30 %.
I believe the real battle this year will be keeping the price above 100$.

There are about 3600 new bitcoins minted every day, and by current price that is 800,000 USD daily... and i dont think we have that many new inflow.

Minted doesn't equate with sold though. Even IF that many coins were being sold you underestimate the ability of some entity or entities making OTC or direct buys from miners.

[ibrahim11]

I bought 1 btc at $300 because of virwox fees 

[boumalo]

We almost saw a price of 300$, 266$ now, a good time to get back in the market before the huge bull market to 400$ 500$ 700$ then 1000$, it will be violent and fast.

[elephantas1]

We almost saw a price of 300$, 266$ now, a good time to get back in the market before the huge bull market to 400$ 500$ 700$ then 1000$, it will be violent and fast.

or it will easily just go back to the same 220 dollars and start bouncing again

[dothebeats]

We almost saw a price of 300$, 266$ now, a good time to get back in the market before the huge bull market to 400$ 500$ 700$ then 1000$, it will be violent and fast.

Do you think it would go any low beyond $260? I'm considering my assumptions that it may even touch $250 during this week before I buy. My gut feeling tells me that it will still touch $250.

[dothebeats]

We almost saw a price of 300$, 266$ now, a good time to get back in the market before the huge bull market to 400$ 500$ 700$ then 1000$, it will be violent and fast.

or it will easily just go back to the same 220 dollars and start bouncing again

That's how crypto works man. That's just how it is.

[kaykawa]

almost dumped a couple hours ago,
magically got home during the 2nd up swing got out at 275

[ajw7989]

I wish I could have sold yesterday when the price jumped up but was working. By the time I got home it dumped. Hopefully it hits 300 on the next pump

[boumalo]

I wish I could have sold yesterday when the price jumped up but was working. By the time I got home it dumped. Hopefully it hits 300 on the next pump

You could set buying orders next time.

[matrix zion]

At any rate I think by this time next year we will have seen prices well over $300

[boumalo]

At any rate I think by this time next year we will have seen prices well over $300

We will get 300$ again soon and much higher after as the Central Banks keep creating more fiat.

[pooya87]

as i suspected this engine ran out of steam and had a setback for a while and i think it is going to be this way till next week that the price might lift up again.

[boumalo]

as i suspected this engine ran out of steam and had a setback for a while and i think it is going to be this way till next week that the price might lift up again.

My first post was February 2nd and the price was 220$, now it is 282$ so a 28% increase in price Thinking there is still a lot of room and positivity for the price to increase much further.

[fearlesscat10]

as i suspected this engine ran out of steam and had a setback for a while and i think it is going to be this way till next week that the price might lift up again.

My first post was February 2nd and the price was 220$, now it is 282$ so a 28% increase in price Thinking there is still a lot of room and positivity for the price to increase much further.

Agreed. I think we're looking at $800-$1000 before the end of 2015.

[boumalo]

as i suspected this engine ran out of steam and had a setback for a while and i think it is going to be this way till next week that the price might lift up again.

My first post was February 2nd and the price was 220$, now it is 282$ so a 28% increase in price Thinking there is still a lot of room and positivity for the price to increase much further.

Agreed. I think we're looking at $800-$1000 before the end of 2015.

It seems plausible that the price of Bitcoin appreciates in all fiat currencies including the USD in 2015.
Inflation, decrease of the value of the Euro and low interest rates will arrive in Europe while the US further its economic problems as they go more in debt, start qe4, keep accumulating unfunded liabilities and have people leaving the work force.

[Bitcoiner_cph]

When looking at the 1w candlestick chart on Bitcoinwisdom, there is 6 green candles in a row now!. Have not seen this since may 2014 and the October 2013 boom. If we get 7 green candles on that 1w chart, there is a huge likelihood we are in a new boom.

[Bitcoiner_cph]

and I would like to add, if we go into an new boom, this tie I guess the target is around 2500-5000US$ pr bitcoin.

[HarmonLi]

We're slowly approaching the $300. If we break through it with some confidence, I'm quite optimistic that we'll never see the $2xxs again. Like, ever... Wonderful times to not have sold everything at $160

[BitmoreCoin]

and I would like to add, if we go into an new boom, this tie I guess the target is around 2500-5000US$ pr bitcoin.

That would be in a few years. I only price goes up slowly and steadily.

[Bitcoiner_cph]

and I would like to add, if we go into an new boom, this tie I guess the target is around 2500-5000US$ pr bitcoin.

That would be in a few years. I only price goes up slowly and steadily.

This can happen in a few weeks, just like it did in marts 2013 and December 2013. The price can go to 2500-5000 USD in a few weeks from now.