Post: #2818

And, by the way, El Mech you gotta be kind of contented with bitcoin's recent price performance, no?

Sure you said that you were considering cashing out in the mid $600s, but this recent market performance is showing some bullishness in the bitcoin price, no?

A bit over a month ago, we passed $500, and we have not been below $500 since then, even though there seems to have been some pretty decent attempts including the amount of coins that dumped the price down to $540 that did not stay for more than a few minutes and then the price pretty much bounced back into the $600s within a day and really a large inability to bring the price below $608...

Things are looking good no?

Sure we are not completely safe from sub $608 coins, but really the price pressures seem upwards, and we could well be floating in the $650 to $850 price territory for a while with a bit of a price battle, but I am feeling pretty good about the odds for a break above $850 at some point in the next 3 to 6 months.... but yeah, I am guessing and speculating, too.