The issue is we have a different reason here. The 300 USD was reached without the normal conditions due to fraudulent activity on an exchange. If we go back to 300 USD, it will be because of Bitcoin's growing, not because of a fraud.
This is why I think the crash in the last January was the best Bitcoin price crash. It bringed the price to the pre-Willy days after one year. Now the market can do its own work.
Bitcoin won't break $500 a coin, likely will sit around the ~$250 range with occasional jumps over $300 and below $200.
I don't know about $ 500, the issue in this moment is about going to $ 300 or sub-200. But we're still at $ 200 people, deal with it!!!!!!
People need to start comparing Bitcoin to other payment methods, and they will clearly see why Bitcoin will never have enough demand to "go to the moon," most of Bitcoin's current users are speculators that have no clue what they are talking about.
Well, this section is full of nonsense about the price. But I think it doesn't represent most of Bitcoin users.
Bitcoin's biggest issue is that is not consumer friendly: Buying Bitcoin is time consuming (and costly when you figure in fees associated with acquiring Bitcoin + risk of volatility), very slow (to reach 6 confirmations takes several hours... lately its been taking ~1 hour to get even a single confirmation), no ability to chargeback (this is NOT a plus), and other hassles (security issues, learning curve etc).
Bitcoin is much more transparent about these issues than the other means of payment. Other means of payment have problems about confirmation times, fees, chargebacks and security issues too. You just don't see, but the issues are here.
The only thing Bitcoin is better than using the dollar for is to purchase illegal goods
Psysical dollar or eletronic dollar?
Chargebacks is a huge con for consumers. This is actually one of the reasons Bitcoin will never get even 5% of the worlds population to use it.
People used physical cash during milleniuns and didn't see the lack of chargeback as a issue.