Quote from: jeffthebaker on October 31, 2015, 04:42:01 PM

Quote from: BitcoinCounty on October 31, 2015, 04:35:28 PM

Quote from: davinchi on October 31, 2015, 05:59:43 AM

Yes that bitcoin has crossed $300 mark recently so it would be hard to buy for the price of lesser than $300. But some people here are always being bearish and expecting the begun praise at hand to hit $250 level. But I too do not expect that may happen.

The bitcoin price is too unpredictable. We do not know if we can still buy under $300. The price may drop briefly below $300.

$300 has been regarded as a sellout point for the better part of 2015. Now that we have broken this barrier, I imagine speculators and investors will now look to $300 as the floor. Once they see it get at/below $300, it is the time to buy.

Or I could be wrong, and we could fall right back down below $300 again and get stuck until the halving

Totally agree with you that if bitcoins will drop to $300 once more, speculators and investors will buy it, but if they do like that, it must get above $300 once more. Vicious circle till the halving?