Quote from: battani on August 04, 2013, 05:35:32 AM

There will probably be downward pressure on bitcoin in August as the global economy continues to show signs of strength and recovery, fiat currencies stabilize and an influx of miners enter the network. A selloff wouldn't be surprising. Target price point: 70USD.

I agree.
if anything, price fluctuate up and down it is the only scientifically proved thing.
Nothing goes only up without obvious and significant reason (like sudden hyperinflation of USD etc)

in pool it should be at first place and not "I am afraid of...." but maybe I expect downtrend or similar possibility
I guess if price fall the only outcome of it would be bigger demand which will lead to high price
it would be more "normal" if price would decline to $50 or lower and then it could bounce from that level to $1000. but when it is like this and volume is not very high then I dont put my hard earned money in it.