Good morning Bitcoinland.
It seems that our frantic bull run has been slowed by resistance at $900 and we're still consolidating... presently $898 at Bitcoinaverage.
What will Santa Claus bring us? A nice gift or a lump of coal?
It is hard to say but I am expecting bitcoin to give some decent returns to all the holders. I think bitcoin can cross 1000 USD by Jan 1, 2017. The move has already began, we can see some selling and side ways movement in price, but it will take off eventually.
I'm reading all these posts to my wife and explaining what's happening. Guess what? She's shows no interest as usual just like the general public.
I suppose she is sick of listening to it all from me for the past few years.
Don't worry!
In a few years when Bitcoin may be worth a shit ton of money she will hang on your lips and listen very closely to almost everything you're saying!
1 bitcoin is around $900. 900 US dollars!! Now thats some freaking shit load of money for me man!
And yeah, I encourage all of you to keep spreading about bitcoins. Don't mind if others ignore you. After some years, they will praise you for getting into this game early.
Looks like we might retest 1200 or even into the 1100's this week. Not surprised.
It will be good to see bitcoin retesting those levels as it will create a new support and would give new entrants a chance to enter at a good price point. Long runs without corrections always tend to fall badly hurting everyone. So minor correction should be considered as a tonic.