Schickeria
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August 20, 2014, 02:10:46 PM

will we have what we are looking for? will price ever reach 1000$ again?

price will need to find its footing again, we thought we had it and doubled from the low to 680

now longs have been squeezed, shorts are increasing price is tanking and everyone is questioning everything again

this will pass... we may or may not make a new low b4 this passes who knows.

i wouldn't be surprised to see another doubling from the low after the market has found its confidence again, after that hopefully the good news keeps flowing and more importantly new users, and we'll be on our way.

don't expect a smooth ride, and i would think the market would refuse to buy 1000$ bitcoin again untill theres some good news / more usage.

but good news / more usage seems to be what's coming, with things like COIN being listed on the us stock exchange, thats sure to make heads turn, and there are other things to look forward to... once it gets going, things should turn around pretty quickly...

If all this happens and we do reach 1000$ again it will most certainly not stop there, we'll probably do another 10x increase aka "bubble"


so no one disagrees on any of this?

This bear agrees.

But it will need time. I guess 2014 will be a year of consolidation.