Quote from: Houdini on August 04, 2011, 03:20:26 AM

Quote from: FlipPro on August 04, 2011, 03:07:27 AM

Your up now Grin

! This will be one epic rally folks.

Nope, I'm thinking it will hover around 10$ for a few days. Even then the longterm bottom may not yet be reached. It may drop to 5$ before starting another longterm rise.

I don't think the miners will ever sell for a loss you are crazy. Most miners are barley breaking even at $8...

EDIT:
Lets thump everyone back to reality. The majority of this community consists of miners who have invested their time and money into this project. Vultures who have nothing better to do, or are to dumb to produce the same results we do want nothing more than to make us all go crazy, so we can sell our Bitcoins at ridiculous prices. Now what would happen if we all just held the fort down, and instead of exchanging our Bitcoins for dollars or euros , we spend them within our growing community https://en.bitcoin.it/wiki/Trade, You can literally find anything you want on that list, and believe me there are many many more services coming soon.. What do you think these speculators will do then when Bitcoins are a hot new commodity? They will drool over the coins thats what... I have heard some very good ideas, and there are some very smart people working behind the scenes to bring you some of the services that will make Bitcoins the currency that it was always meant to be. Much of this needs to be simplified that's true, but don't insult our intelligence by telling us that we have to sell our coins at an obvious loss. That sir simply is not going to happen.