Re: Oops Price is 425$ Now...

I am stil thinking we will go under the 400 USD, therefore i placed my buy orders around the 380 USD.
Just 1 more little dump and i will be the proud owner of some new bitcoins.

nah man. i don't think the price will go under $400. we have seen the low that was just over $400, and we are now moving forward. it will require more than a little dump to get the price below $400, support at that level is very strong.

We went down to $415, and now we're back up to $421, according to preev. I find it highly unlikely that it will dip below $400, we're probably just seeing an increase selloff from retailers due to more Christmas shoppers using Bitcoin.

The price is rising slowly and that is quite good for the currency itself and also for the people who are already waiting for the price and that can be nice for the future later so you can spend more. The only thing is that you never will know when it will stop rising and that is the problem of the currency.

Chinese investors are pumping up bitcoin again, sending prices up nearly 16% in the past four days, just two years after the country was at the center of a boom and bust in the crypto-currency. Bitcoin is the most valuable currency in the world, and it is the future. If you aren't at least slightly invested in it, you will miss out on the internet revolution of money. It seems risky to not have a few Bitcoin in your pocket.

I also believe that Chinese are the one manipulating the pump and dump of this coin. Just check out some articles and they even pointed out the China is the most country who hold the most bitcoin volume.

The volume in the Chinese exchanges are just fake. They do not change fee, so the volume can be millions.