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Topic: $1000 before christmas we have already broken the $300 in sparta (Read 915 times)

legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
Could happen before Christmas if people keep believe bitcoin & buy bitcoin Smiley
We should keep encourage people to adopt bitcoin

Just hope no rich bitcoiner dump their bitcoin
hero member
Activity: 728
Merit: 500
It is always hard to predict bitcoin value. but no one could imagine bitcoin price went from literally valueless to $1000 in 4 years
legendary
Activity: 1176
Merit: 1000
$1000 won't happen that soon, i'm sure many people would dump their bitcoin before the price reached $1000.
Even reach $300 was very difficult since many people keep dumping their bitcoin

That's not how markets work.

The weak hands are shed as the price rises through fear of the price dropping to previous lows. As the price continues to rise it draws in further buyers and fear of the price dropping is transformed into fear of missing out on gains and greed kicks in. The price rising begets more buying.

This is what pushes the price far beyond what anyone can believe is possible. This is what makes coins so popular at $310, $410, $510 when you couldn't give them away in January for 160.

Technical confirmation of the bear market being over happened today. Fear will turn to greed if the price simply sits where it is and holds 300.
legendary
Activity: 1204
Merit: 1028
have we learned nothing from the last bubble?  the market cap of Bitcoin is small and so bubbles are easily created.  doesn't mean we can necessarily sustain the price. we might hit $1000 and then fall back to $350.

Nope, once we cross 1K, panic buy will for sure happen, the psychological factor will be way to strong, once we pass it again.. it can easily double the last ATH. It would be a bigger risk to try to make some gains when we reach 1K (because of the high % of being left behind during a panic buy after ATH) than just hold it even if it goes back to 500$ or less. Its a big gamble and who cares if you are here for long term anyway.
legendary
Activity: 3248
Merit: 1070
not so sure about it, from the look of this growth it seems that the next long term target would be greater than the last ATH, if for every big pump we can achieve a new ath and then fall back to a better price than before, it could be ok i guess, even taking into account the big volatility...

pretty sure it will not reach it during this month like someone else was predicting
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
have we learned nothing from the last bubble?  the market cap of Bitcoin is small and so bubbles are easily created.  doesn't mean we can necessarily sustain the price. we might hit $1000 and then fall back to $350.
legendary
Activity: 2464
Merit: 1145
as of date $307 is where its at $1000 before christmas guaranteed sell at $1000 massive profits ahead confirmed histri is povata learn from you mistakes it is inevitable

You can buy my btcs for 600/coin !!!!
INSTANT 400 $ PROFIT TILL CHRISTMAS - GUARANTEED!!!!!
hero member
Activity: 854
Merit: 503
Legendary trader
Not happening. Really.
hero member
Activity: 770
Merit: 509


We've crossed the 300 barrier. The spartans are back at full force. Hold on to your coins and it will all make sense soon.



Together we can defeat the Banksters. Stay strong my friends.
full member
Activity: 183
Merit: 100
TaurusBit.com Administrator
newbie
Activity: 4
Merit: 0
as of date $307 is where its at $1000 before christmas guaranteed sell at $1000 massive profits ahead confirmed histri is povata learn from you mistakes it is inevitable
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