Quote from: JimboToronto on September 22, 2015, 05:15:46 PM

Quote from: Feri22 on September 22, 2015, 04:39:02 PM

Quote from: JimboToronto on September 22, 2015, 04:34:59 PM

Good morning Bitcoinland.

I see we had a little action last night but we seem to be coming back to $230 pretty consistently lately.

Must be driving the daytraders crazy. Long-term holders yawn.

What is actually our (long term hodling cult, inc.) target? 10 000? 100 000?? 1 000 000???

Putting a dollar value on it is difficult. I hope to never sell any bitcoins for fiat currency but rather spend them for goods and services. Who knows what the dollar will be worth?

That said, I'd hope to see at least $10k within a few years, in today's dollars. If the dollar tanks, multiply accordingly.

It's virtually impossible to forecast this teasing investment called bitcoin! But one thing everyone needs to remember, just when it looks like the thing's going nowhere fast and "nothing is happening" it could take off. When BTC first jumped into the $ hundreds it didn't stay there too long before dropping back into double digits again. But then meandered along for six months between ~$70 and ~$130 seemingly like the ATH had been reached and "those glory days are now over". Well, I believe we're in the same situation with the next massive pump not too far away. Considering the diabolical situation with fiat across the world and the Fed having backed themselves into such an inextricable corner, it could come at any moment. The trick will be to have enough patience that you don't miss it.

How silly would you have felt selling all your BTC in early Oct 2013 to then see it go through that miraculous rise? The next rise is likely to make that previous ATH look tame so be ready for it.