The senate meeting barely had any impact on the price. It was news from china + more news from china that brought the price that high.
Disagree. The senate meeting played a significant role in the rise from the low hundreds to over one thousand. 
Topic: It looks like $700 is the new $150 - page 2. (Read 3154 times)
The senate meeting barely had any impact on the price. It was news from china + more news from china that brought the price that high.
panic buying just because you sold to buy lower this will be back to 800
I remember the price bouncing from $260 to $60 to $150, and then gradually falling down to $60 again. Yes, I think that $700 is the new $150.
Also, like $150, I think that in six months people will be thinking: "Wait, I could have bought a whole bitcoin for only $700???"
Also, like $150, I think that in six months people will be thinking: "Wait, I could have bought a whole bitcoin for only $700???"
Or 570 is the new 57
Things aren't always what they seem 
I still find it had to believe that bitcoins are sustainable even at $700 range. I just don't see enough buyers willing to cash out all the people holding coins and I think if the price holds around here for long there will start to be more and more selling pressure.
Probably just a short term hold around here as people still think it is cheap. Will probably hold around here for a few days and then start to head lower. The first bubble went down in steps like this also and it looked like it had hit the bottom many times.
Probably just a short term hold around here as people still think it is cheap. Will probably hold around here for a few days and then start to head lower. The first bubble went down in steps like this also and it looked like it had hit the bottom many times.
remember those days with $150 strong hold?
here comes the $700
You are around for only two months?
my profile says:
Date Registered: August 04, 2012, 05:36:20 PM
so yeah I think you're right?
remember those days with $150 strong hold?
here comes the $700
You are around for only two months?
when it was $150stronghold + CHINA rally + Senate Meeting = price shoots up $1000+
now that it is on $700stronghold + (I dnt know yet) + (I dnt know yet) = New PRICE HERE....
let's not forget that the $1000+mark caused a lot of "MORE ATTENTION" than the first $100+mark... when bitcoin got to $100... it got around 1400%+ increase in mining difficulty... which means more people are mining + ASICs coming in...
Because it has hovered around $700 for half a day?
Because the amount of volume that was required for this drop was much lower than normal due to lack of moral around false news brigades, now that we hit 50% of the price the volume didn't match the amount of the 900 -450 drop until all the buys back in. Its going back up, people try to compare this to April where we had MtGox go down, Lag for 4 hours (with no GoxLoop™) and the blockchain forked. Of course its different this time, not for no reason but for those reasons. Don't get caught up in the greed train..
i think the price will move between 600-800 now.
Because it has hovered around $700 for half a day?
600 will be tested and may be breached today or tomorroe.
remember those days with $150 strong hold?
here comes the $700
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