Quote from: pereira4 on July 23, 2015, 10:36:16 PM

Quote from: gentlemand on July 23, 2015, 10:18:09 PM

Quote from: wearepoor on July 23, 2015, 04:11:55 PM

Being optimistic is good, but you also cannot afford to neglect the reality attached with bitcoin, and the reality is it is too volatile, uncertain and that's the reason many people just ignore to hold bitcoin but selling a part of bitcoin is affordable when prices goes high but selling all bitcoins would be a bad idea.

I'm not saying it'll be any time soon, but if it does start to really fly then every previous expectation will be blown to pieces. People need to be flexible and willing to discard Bitcoin's previous track record.

It's exactly the same as the ancient mantra of 'Bitcoin never goes below its previous all time high' and then it, er, did. That was based on a whole 2-3 years of 'history'.

This market is microscopic and ever developing. People get excited about trades that amount to a couple of hundred thousand dollars. That would be scoffed at by hardened traders. It's something that needs to be kept in mind.

You can find failed "this will never go beyond X" price threads all over the place if you search for them.

https://bitcointalk.org/index.php?topic=140394.0

This thread for example. Legendary member said we would never reach 100 dollars again. LOL

Well there is nothing that can be true or not if we based on a member rank.
I know he can know much better that us how bitcoin price works.
But there are many other factors that should consider

and I think it will reach 400$ soon.