Quote from: thew3apon on November 06, 2014, 11:28:38 PM

Quote from: nor9865 on November 05, 2014, 05:36:17 PM

Quote from: galdur on November 02, 2014, 07:52:21 AM

THEN: May 28th, 2014

BTC to break $2,000 mark by Christmas Experts

http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

So, you can just imagine the staggering overinvestment NOW in bitcoin mining.

Maybe the market is just trying to get rid of overcapacity.

A few big bankruptcies in the coming months would probably do wonders.

From another biased point of view though.. CNN and cointelegraph are extremely biased. We need a news source that is completely unbiased now!

I am sorry to tell you that there is no such thing. If you look at the CNN articles regarding some political issue that allows comments, the top comment (based on votes) will almost always contain something about CNN being biased and not reporting the whole story.

The same is true for most other MSM sites

If you read the cointelegraph story you´ll see the price predictions of those experts. They´re just being quoted.