$95's almost here.

I call bullshit on the 10k-15k-20k-25k bitcoions that would have to be sold at $80 and $70 and $60 and $50 to get there. The panic sellers have left the building. If you're not interested in selling your 5k bitcoins at $90-$95, you'll have even less interest on selling them on the way down. There's really one guy with 50k bitcoins who is just going to exit the market and drive it down to $50? Last 12 hours we have highs of 98, lows of 83. If you really were itching to sell, you'd be out now. Any drops now is just a chance to buy back in. Everyone who thinks we're going to $20-$30-$40-$50, they've sold their coins. Those people aren't holding right now at $95.

BTC comeback time!  I see the spring coiling at $95.  I remember what happened the last time...

let's not forget:

http://www.bitcoin2013.com/

and

http://www.time.com/time/magazine/article/0,9171,2140782,00.html

among the other good news. Bitcoin-24 and Bitfloor are just teething problems that need to be pulled out because they were never going to keep up, I suggest.


... 30 days time it's picking up whatever happens in my opinion.

This is purely based on hunch, but I feel that "awareness" is only really just beginning. Let's hope the infrastructure grows exponentially so it can cope and the manipulators grow some ethical balls and get involved in business with all their coins and capital instead of just pumping up a volatile and unstable market to make money in the short term.


EDIT - I have no idea what I'm talking about I've been into Bitcoin for 10 days

Also, the crash hasn't gotten rid of investment interest. I'm sure Loaded isn't the only one getting new clients.

Damn... missed the low by a dollar... 

Someone sold thousands of coins and then threw up a 4k ask wall at 88, and the bids would not budge. They started buying into the wall and then it was pulled. Bullish sign.

It's amazing to watch. Before it would have created panic and lag. MtGox is handling things much better, and those left with coins seem to be much more content to hold them.

2011 post bubble was one disaster after the next, everyone had to keep reminding themselves what counts is the protocol wasnt hacked, and their was a gr8 deal FUD that bitcoin was only useful for dealing drugs, and it really was just a fad... This scared off a lot of people when bitcoin was still trying to get some reasonable critical mass going (needless to say it really HURT bitcoin)... This time everything is just F'in dandy, so we'll have a U shaped recovery and then continue making new highs, it will pop AGAIN ( at 500? ) and then another U shaped recovery and continue making new highs! thats right people the dash for digital cash get ready... set... GO!