Quote from: BillyBobZorton on January 08, 2017, 12:42:23 AM

I get tempted to sell at $900 (right now we are at $901) because the $800 ish stable zone (with a potential dip to $700) makes sense and I lost the possibility to make some extra BTC by selling at $1100, but im too paranoid about it... at the end of the day we don't know what can happen. Going from the current $901 to $800 may seem reasonable but I may wake up to $1000+ again tomorrow for I all know... this is bitcoin after all.
I don't want to be left behind in a bad move holding USDT (I would use USDT in poloniex so I can avoid giving details to exchanges since there's no way im dealing with real fiat, so USDT seems like the alternative to try to play the BTC market a bit and stay anonymous)

I am not trying to increase my BTC. The 9.5 BTC I have is to pay my expenses over the next months. I should have sold some at $1100 because I was wallowing in illness and wasn't able to stay on computer.

My stance is that 10 x $300 is not going to change my life. It won't make a huge difference in whether I succeed or fail in greater endeavors.

So I am not going to panic sell at $900. We don't know if BTC might not go much higher right now.

If BTC bounces back up to $1000 and I happen to be on the computer, I will sell 2.5 BTC. But I am not selling all 9.5 BTC prematurely. There is a clear bull market underway and I doubt we are any where near the top yet. Prices will be much, much higher by 2018.

Quote from: eddie13 on January 08, 2017, 01:13:02 AM

I don't think it would go much further down, but it may go a lot further up..

It won't go below $700. Period (unless something really bizarre happens such as China banning Bitcoin). Probably not below $800.

And it is headed to much higher prices. The bull market is intact and this is a healthy correction.

Quote from: iamnotback on January 08, 2017, 06:11:31 AM

Flip a coin. Either we are going much higher now, or we will meander for some months first and perhaps even make another cup & handle dip to $700 first.

The $1300 ATH will be breached by 2018 at the absolute latest.

I am leaning towards we are entering a frenzy period. As you say, China appears to be driving this.

Quote from: trollercoaster on January 08, 2017, 06:11:57 AM

I think the price will double top up to $1300 - $1500 within the next weeks and then decline to $600 - $700 over the next 2-3 months with another run up for the latter half of 2017 Huh

You're in the wrong place if you're seeking financial stability..

I don't subscribe to any specific prediction, but volatility does appear to be increasing.

If you want to ride this wild horse, don't get thrown off.