buy, buy, buy!!11111

No srsly there is correction from this rally coming up and who knows what it's gonna do from there....

Yeah, but... it's still at $3 

You are forgetting that it's getting quite easy at that rate to buy up everything that's offered.

Normally yes, there would be a correction to a rally.  But in this case the rally itself is arguably nothing more than a correction to the downward trend we've experienced over the last 3 months.  I wouldn't care to guess where the price will go from here.

We're not going to make it beyond $3.  Go ahead, watch.

proudhon, if you have abandoned Bitcoin, how come you show more activity than before? Also, what will you do if it does break 3$?

Not that I’m saying you are wrong. This situation reminds me exactly of what happened at 7$.

Well, you were wrong.

3$ new support level now?

Exactly.  So what if we poke up above $3 for a little bit.  I'm confident that a week from now we'll be below $3 consistent with the clear abandonment of bitcoin.

Judging from the future difficulty estimates, I'd say enough miners finally threw in the towel to bring demand in line with supply.  I think we'll probably see a slow and steady rise in price until the next difficulty reset.

Thanks!