I assume he was thinking that 500 was imminent, but it doesn't look like we will hear from him soon!

that is disappointing behavior if true

Excuse me is this the choo choo to the moon or am I on the wrong train?

 

China's about to wake up in 3-4hrs.
I wonder what they've got in store for us!

I'm glad the price popped up above 900 again on Gox - wouldn't be fun to have Monday start with a downwards momentum into the low 800's.

This china-waking-up stuff is pathetic. Can you not imagine a chinese speculant staying up all nignt to speculate, just as you do yourself?

Rpietila is extremely confident in his opinions until they are wrong and then he quickly dismisses them without explanation.

So he has it in his head that we are going to go to 300-500 on this "bear" market. I think he is very short sighted as usually on these matters and he thinks I am in the "denial" phase. Of course, its hard to deny something that I know is a "possibility" which 300-500 is. Its just not a likely possibility without really bad news.

Rpietila is not a brilliant as many give him credit for, but the average IQ of the forum in general is at a level that is easily impressed. I think Rpietila thinks this will unwind like April and I just absolutely disagree. This feels completely different than April to me.

We'll see.  At least we both agree that we are headed to 10k soon enough.

Random musing-

Christmas effect (ex-China, of course)

Will people cash out before Christmas to spend a little?

I am not even sure if it will be slow - some newbies may have time on their hands and take a look at 'this Bitcoin thing' they've been meaning to check out.

What happened last year (if that is at all comparable)?

I don't think so. I see it more psychological. Bitcoin had masterd this high raising with euphoria, nearly mania, taking down any wall.

From day to day the value descends only a bit it will will feel more depressive, more bearish. The denial is lower every day. It's not impossible to break out, but very, very hard.
The acceptance of 800+ is not good. Next week you will write:
Perhaps you are not recognizing, but this is the beginning of bearish thinking.
The price will fall if there will not be a new euphoria. This euphoria can come from GREAT NEWS for example.
Or we have to blow off and take another attempt. There's no need to be scared of an Blow-Off. It would not be the end, just a new beginning.
From 500,00$ to 5000,00$ ore more.

BTW. I'm no bear neither bull.