Quote from: proudhon on December 20, 2012, 06:10:51 PM

Quote from: Yuhfhrh on December 20, 2012, 06:03:27 PM

Quote from: proudhon on December 20, 2012, 05:57:20 PM

Quote from: Yuhfhrh on December 20, 2012, 04:09:53 PM

Quote from: proudhon on December 20, 2012, 03:17:38 PM

Quote from: myself on December 20, 2012, 12:57:30 PM

are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again

what rally ?

Do you think there's a good chance we'll make it back down to $5 again? $2?

I think $2 is a little extreme.

Why? Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through. We've seen decreasing volume since this year's high, with an overall decreasing volume for the year. All this in the face of numerous positive developments. What do you think, myself? Everything, including the fundamentals seems to point down, way down, for the medium to long term. Right? If you're going to take a longterm position right now it should be a long term short. Yes?

For the next 3-4 years, we are only going to be producing half as many bitcoins.

Which will hopefully keep the price from returning to $2 too quickly?

There is nothing preventing us from heading back to $2, but I just don't think demand is going to drop that much.