Quote from: alecmerkel on August 16, 2016, 08:54:55 PM

Not sure how much more it will rise. But I am expecting a large drop between Oct-Dec when holidays come and people start converting to FIAT. I'm just worried about the price between AUG and SEPT to be honest.

I've held from buying. I think people that predict the price of anything more than $800 are loony. $650 is the ceiling until bitcoin starts being used by the commoners.

$800 indeed looks like a very difficult price target for this year, but it's much more likely to happen than $1000 as a lot people are talking about. When the price was hovering around $650 people were talking about the price to go over $700 again, but now they have to focus on reaching the $600 level first. And then we have to stay above $600 for a while. All not easy with the current low demand.