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Topic: Breakout soon? - page 2. (Read 2782 times)

legendary
Activity: 1008
Merit: 1000
June 06, 2013, 11:17:04 PM
#2
I think a big factor is heavy duty, professional currency exchanges. Once we see an exchange that can handle huge volumes and also has a high powered legal team, bitcoin will start going up fast. Could take a while.
member
Activity: 98
Merit: 10
June 06, 2013, 11:05:27 PM
#1


Is anyone else feeling a breakout soon? Market volume is very low but with recent mining difficulty increases (25%!), stock market instability (Nikkei especially) and Liberty reserve shutdown that we are overdue for money moving away from the above and into Bitcoin?

Considering the large amount of bad news in May and that Bitcoin did not crash and correct further gives me faith that we will see a price rally fairly soon on undervalued coins.

Thoughts?
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