Quote from: nanobrain on November 20, 2013, 12:26:36 AM

Quote from: Chaang Noi (Goat) ช้างน้อย on November 20, 2013, 12:06:21 AM

Quote from: Vycid on November 20, 2013, 12:04:31 AM

Quote from: adamstgBit on November 20, 2013, 12:00:54 AM

Quote from: tomjo7 on November 19, 2013, 11:59:53 PM

Quote from: adamstgBit on November 19, 2013, 11:58:11 PM

this always happens, poeple get crazy excited and buy buy buy

but its all good, they're really good news behind us, money will come flowing in like never b4.

we are looking to forum a cup and handle, while we wait for the money flow.

Probably a stupid question but i've heard the phrase 'cup and handle' here a few times before... What exactly am I looking for?

Just to be clear, this is not at all what is happening. We had a much milder bubble this time, moderated by understandable skepticism with the last one so fresh in our minds. It popped, driving Gox briefly below 600, and we're going to oscillate a bit more before stabilizing for the very short term somewhere in the 600-700 range. Then over the next 2-3 weeks we'll likely lose another $100 as the impatient pull their money, and then we wait for the next hype cycle.

It will be soon; the cycles are accelerating. I'd give it 3 months. The bubble will be even more controlled next time.

im not sure, all this stuff just now hit the media, and no one can get money into buying btc yet.

i think we might go higher.

this run up was only cuz of people already into btc.

I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.

+1 This, exactly, and Vycid's lucid analysis.