Quote from: randy8777 on January 20, 2016, 03:01:18 PM

Quote from: gadsie on January 20, 2016, 02:37:25 PM

Quote from: randy8777 on January 20, 2016, 02:28:16 PM

i don't consider the price going up $25 in a short time to be a bubble. if it went up to $800-$900 right now after sitting under $400 just a few hours back, then it would be completely different. right now the price is recovering to its normal price level. it was about to happen and many people were expecting it to happen within this month, and it did.

It happened very sudden though

maybe it happened a bit too fast, that i might agree on, but we also went fast from $420 to below $360. i find this to be a recovery to the normal/fair price level that perfectly reflects the current situation and sentiment of bitcoin. let's see where it goes from here.

I would still expect at least one big swing back (minimum). Even if the price does settle around about what it is now at the end of the day