Quote from: oblivi on April 02, 2015, 08:19:32 PM

Quote from: HarmonLi on April 02, 2015, 05:05:16 PM

Well no one knows... Bitcoin is still very much an asset whose price is based on speculation. Gox's downfall and the introduction of leveraged trading across exchanges pushed the price worse than ever before. If we manage to go above $310 now, I guess the bear market is over. But those are just my 2 Satoshi...

I think 310 is definitely going to happen in the summer, from now on then its a very slow uptrend with lots of people jumping off the boat in the meantime due scary factor.

It will be more likely to stay close to 210 that 310, I think that times of great pumps are gone. Bitcoin markets are stagnant and lack of groundbreaking news is killing anticipation of a price rise. Maybe it is time we should think about additional 'backing' method for bitcoin?