Quote from: Grantmo on May 16, 2013, 03:43:32 PM

Quote from: bobdude17 on May 16, 2013, 03:37:06 PM

I think the big money is trying to hold Bitcoin stable through this conference. It's right in Silicon Valley, too important to showcase a wildly fluctuating product to investors. I think they might let go of the reigns after and it'll shoot up quick as companies start making grabs.

I agree that there may be some money trying to stabilize the price right now during the conference. Once that money steps out, it should actually dip down I would think. Seems like there is a good base above $100. So, it may dip down to the 100-110 range.

Perhaps, but I doubt it. I think after(or during) the conference a lot of new infrastructure is going to be revealed and that people and companies will hit gold rush mode and it will take off from there. I think Bitcoin is a lot farther along than even we think it is. Things move faster than press releases come out.