Bitcoin and Freedom. All about Bitcoin, Litecoin and...

[Winchester]

So what's the price these days?

[The Dharma Bum]

It's 730 right now.

[The Dharma Bum]

Buy and hold

[Winchester]

[The Dharma Bum]

That's my opinion.

[The Dharma Bum]

btc 720, holding steady since last report.

Recommend buy and hold. New orders that have been waiting to clear AML/KYC since the rush after the big price increase will hit the market tomorrow and Tuesday.

I think it's not unreasonable to suppose that the price will be reaching 1000+ again by the 15th. The bad news from China was a hit but if you didn't freak out and sell off all really was is an opportunity to increase your position at a discount.

That might not happen again this year. Analysts were saying 2000 by 2014, I think this projection is still reasonable despite recent developments and a LOT of bad press. Bitcoins seem to be weathering the storm so far.

[The Dharma Bum]

btc at 900 buy and hold.

[Winchester]

Do you think the price will ever stabilize and if so under what circumstances? Right now I see that as a major hindrance, too much risk to accept it as a payment for most people. It seems it's being used mostly as a speculative vehicle for holding value atm, not really it's intended purpose as an alt currency. The other huge risk I see is if/when governments start bringing down the ban hammer.

[The Dharma Bum]

[The Dharma Bum]

I don't think US will ban. That's what matters.