1000$ rally tomorrow - page 2. | Bitcointalksearch.org

cellard

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Quote from: Qunenin on February 01, 2017, 05:07:25 AM

Quote from: MirkoIta on January 31, 2017, 10:43:27 AM

We are back on track for 1000$ bitcoin it is only a matter of days if not hours. By the end of this week it may be easily above ATH!!

Yes we are back on track for $1000 Mark. I saw bitcoin 976$ this morning. Its just a matter of slight pump and we are over 1000$. This time once bitcoin reach 1000$ bitcoin will remain stable above $1000 because people are now aiming at 2000$ the next target.

We could be in 1000$ in a matter of hours. Bitcoin definitely does not need fake chinese volume to keep climbing fast. All those FUDsters predicting 200 dollars a bitcoin because of china have been proven wrong once again. FUDsters will always use whatever they can reach to throw shit on bitcoin and hope to short it.

Taki

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Quote from: d5000 on February 01, 2017, 08:20:31 AM

Quote from: LLec on January 31, 2017, 09:36:10 AM

This settlement of government regulation on the exchanges put more Chinese bitcoin investors at ease going into the New Year for them instead of a not so certain future being up in the air.

That is indeed a possible explanation - together with non-Chinese speculators calming down because the regulation turned out to be healthy instead of destructive for BTC. But I think there are also TA related reasons. As there was nearly no "bearish activity" in the last months, bulls are starting a new try to begin a rally.

The first attack on $1000 has failed but still the price is higher than the last local top before the ~975 top (in Bitfinex it broke it but only for a very short time). So a new try is guaranteed for me - but not its success. I continue to expect at least $985 in the coming days.

I would not call the last climb of bitcoin to 1000$ as failed attack, that price was prognoses and it's bitcoins na truer to be not stable in it's price. Huge price jumps is normal thing to bitcoin. Look, just for one night it added 50$ to it's price and again close to the point of 1000$ which it can cross again for couple of days.

d5000

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Quote from: LLec on January 31, 2017, 09:36:10 AM

This settlement of government regulation on the exchanges put more Chinese bitcoin investors at ease going into the New Year for them instead of a not so certain future being up in the air.

That is indeed a possible explanation - together with non-Chinese speculators calming down because the regulation turned out to be healthy instead of destructive for BTC. But I think there are also TA related reasons. As there was nearly no "bearish activity" in the last months, bulls are starting a new try to begin a rally.

The first attack on $1000 has failed but still the price is higher than the last local top before the ~975 top (in Bitfinex it broke it but only for a very short time). So a new try is guaranteed for me - but not its success. I continue to expect at least $985 in the coming days.

Tanic

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The price added 50$ since yesterday and now on YoBit the price is 980$. With such temps we are really close to 1000$ again. But I think nobody will surprise with this, cause of many users are expecting now to bitcoin hit the point of 2000$. And I am sure that we will see such price in this year.

anonbit992

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Quote from: 1Referee on February 01, 2017, 04:56:26 AM

Quote from: Slark on January 31, 2017, 08:48:00 PM

Bitcoin is designed as deflationary currency, its value will go only up over time. We are at stable $900+ now.
At some point we will reach $1000 and stay there. Plus, main reason behind sudden dumps - Chinese leverage trading is now limited.

What do manipulators care about Bitcoin being deflationary? Absolutely nothing. If it comes out in their benefit, then they will surely dump the price below the $1000 levels again. However, with Chinese traders being subject to fee based trading now, it might turn out that dumps might be put on hold since it will cost them a significant amount of money. Especially when you consider that they also have to pump the price afterwards in order to benefit from the opportunity they had when buying at lower prices. And yes, the leverage aspect was indeed part of the problem as to why Bitcoin was going through massive amounts of volatility. I personally don't think $1000 will be sustainable if we happen to reach it, but let's see what happens.

I am betting that $1000 will see some traders trying to dump their position, but at the same time, BTC can move to all time highs after a minor dump. Things look all set for breaking the all the time highs. I was expecting a bigger correction after fees were added to the Chinese exchanges, but that never happened.

Qunenin

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Quote from: MirkoIta on January 31, 2017, 10:43:27 AM

We are back on track for 1000$ bitcoin it is only a matter of days if not hours. By the end of this week it may be easily above ATH!!

Yes we are back on track for $1000 Mark. I saw bitcoin 976$ this morning. Its just a matter of slight pump and we are over 1000$. This time once bitcoin reach 1000$ bitcoin will remain stable above $1000 because people are now aiming at 2000$ the next target.

1Referee

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Quote from: Slark on January 31, 2017, 08:48:00 PM

Bitcoin is designed as deflationary currency, its value will go only up over time. We are at stable $900+ now.
At some point we will reach $1000 and stay there. Plus, main reason behind sudden dumps - Chinese leverage trading is now limited.

What do manipulators care about Bitcoin being deflationary? Absolutely nothing. If it comes out in their benefit, then they will surely dump the price below the $1000 levels again. However, with Chinese traders being subject to fee based trading now, it might turn out that dumps might be put on hold since it will cost them a significant amount of money. Especially when you consider that they also have to pump the price afterwards in order to benefit from the opportunity they had when buying at lower prices. And yes, the leverage aspect was indeed part of the problem as to why Bitcoin was going through massive amounts of volatility. I personally don't think $1000 will be sustainable if we happen to reach it, but let's see what happens.

coinplus

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Quote from: Slark on January 31, 2017, 08:48:00 PM

Quote from: _nur on January 31, 2017, 06:51:01 PM

once it reach $1000

guess what another dump...

No, not necessarily. Bitcoin is designed as deflationary currency, its value will go only up over time. We are at stable $900+ now.
At some point we will reach $1000 and stay there. Plus, main reason behind sudden dumps - Chinese leverage trading is now limited.

Yes, there will be no possibility for another dump after reaching $1000 price levels. If we closely watch market movements, unlike last time, bitcoin prices are rallying very strongly toward those 4 digit magic levels. Maybe some $10 to $25 bull back will be possible due to profit booking but market will bounce back for sure due to its slow and steady nature.

Slark

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Quote from: _nur on January 31, 2017, 06:51:01 PM

once it reach $1000

guess what another dump...

No, not necessarily. Bitcoin is designed as deflationary currency, its value will go only up over time. We are at stable $900+ now.
At some point we will reach $1000 and stay there. Plus, main reason behind sudden dumps - Chinese leverage trading is now limited.

darkangel11

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Quote from: _nur on January 31, 2017, 06:51:01 PM

once it reach $1000

guess what another dump...

Sure, but with enough buying pressure it won't create an avalanche. We'll have a move back to $950 and try to break $1000 again. Bitcoin is standing strong, there won't be any significant panic.
$1000 shouldn't be hard to break as it's not the ATH. I'd worry about $1200, this may take a while.

_nur

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once it reach $1000

guess what another dump...

SaShiRaJaVu

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Quote from: coinplus on January 31, 2017, 01:45:53 PM

Quote from: carlisle1 on January 31, 2017, 10:56:03 AM

Quote from: pacifista on January 28, 2017, 06:37:52 PM

Will gonna see that price once again this feb. Or maybe ath is on the way to shock us all. Bitcoin can still hold the 900$ price if this price will not change ,im pretty sure that 1000$ by feb is possible.

I don't see any possible sign that the price will be on the way to its all time high this come february, I don't lnow how can you easily predict it but all i can say is that I'll stay here and watch whatever is going to happen it is more exciting to not expect what would it be regarding to the price of bitcoin .

No, with Trump government and his policies, bitcoin may reach $2000 levels too within this February. Trump may approve bitcoin ETF and last week he spoke like he will encourage people's power. So, directly and indirectly alternate investments are gaining strength due to Trump's policies.

The policies of Donald Trump and the uncertainty could push the price of bitcoin above $1000 in a couple of weeks but i am not sure about the $2000 level this February as i really wanted to see the price sustain over the 1000 dollar mark for some time,if only then we can assume it could break the previous record.

coinplus

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Quote from: carlisle1 on January 31, 2017, 10:56:03 AM

Quote from: pacifista on January 28, 2017, 06:37:52 PM

Will gonna see that price once again this feb. Or maybe ath is on the way to shock us all. Bitcoin can still hold the 900$ price if this price will not change ,im pretty sure that 1000$ by feb is possible.

I don't see any possible sign that the price will be on the way to its all time high this come february, I don't lnow how can you easily predict it but all i can say is that I'll stay here and watch whatever is going to happen it is more exciting to not expect what would it be regarding to the price of bitcoin .

No, with Trump government and his policies, bitcoin may reach $2000 levels too within this February. Trump may approve bitcoin ETF and last week he spoke like he will encourage people's power. So, directly and indirectly alternate investments are gaining strength due to Trump's policies.

carlisle1

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Quote from: pacifista on January 28, 2017, 06:37:52 PM

Will gonna see that price once again this feb. Or maybe ath is on the way to shock us all. Bitcoin can still hold the 900$ price if this price will not change ,im pretty sure that 1000$ by feb is possible.

I don't see any possible sign that the price will be on the way to its all time high this come february, I don't lnow how can you easily predict it but all i can say is that I'll stay here and watch whatever is going to happen it is more exciting to not expect what would it be regarding to the price of bitcoin .

MirkoIta

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We are back on track for 1000$ bitcoin it is only a matter of days if not hours. By the end of this week it may be easily above ATH!!

BitFinnese

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Quote from: cellard on January 31, 2017, 10:21:20 AM

OP may have not been accurate, but if it didn't happen in january, it will for sure happen in february. The 950 resistance was broken, we may see a nice little pullback and we will continue the push towards $1000+, this train cannot be stopped now. We already bottomed after the mid 700's were reached with the PBOC crash where they shaked out weak hands and whales got even bigger. Ready to take it to the next level now.

Indeed seems we are getting to $1000 soon.

Quote

The average price hit a high of $959.37 from an open of $920.24, according to the CoinDesk Bitcoin Price Index (BPI). BPI data shows that the price of bitcoin hasn’t exceed $950 since 6th January.

This is one of the line in Coindesk today saying that after someday of being stable, Bitcoin have broken and reached $959.37. I just hope that this increase continuous. I don't want a spike in price but rather a natural stable growth.

cellard

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OP may have not been accurate, but if it didn't happen in january, it will for sure happen in february. The 950 resistance was broken, we may see a nice little pullback and we will continue the push towards $1000+, this train cannot be stopped now. We already bottomed after the mid 700's were reached with the PBOC crash where they shaked out weak hands and whales got even bigger. Ready to take it to the next level now.

LLec

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Quote from: d5000 on January 31, 2017, 09:14:53 AM

I think the last little "pump" up to $950 is a clear sign that the price is tending towards $1000 in the next days. Speculators seem to want to test this level again, and all bears' intents to reverse the positive trend in the last few weeks (since we hit $735) have failed.

So I expect at least $985 in the next days, but it's not sure if we can cross the $1000 barrier, I expect some resistance there.

So this is the effect of the Chinese New Year just passing or the news from China about exchanges
http://www.coinnewsasia.com/china-ceases-leveraged-bitcoin-trading
or this reason?
http://www.coindesk.com/okcoin-joins-calls-bitcoin-regulation-china
Meaning the government has settled the turmoil that has been happening in the last three weeks driving the price down from reaching the ATH to a sudden halt.
This settlement of government regulation on the exchanges put more Chinese bitcoin investors at ease going into the New Year for them instead of a not so certain future being up in the air.

d5000

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I think the last little "pump" up to $950 is a clear sign that the price is tending towards $1000 in the next days. Speculators seem to want to test this level again, and all bears' intents to reverse the positive trend in the last few weeks (since we hit $735) have failed.

So I expect at least $985 in the next days, but it's not sure if we can cross the $1000 barrier, I expect some resistance there.

CyberKuro

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Quote from: bajing on January 30, 2017, 04:33:33 AM

Quote from: jakelyson on January 29, 2017, 06:55:52 AM

Quote from: Skarner21 on January 28, 2017, 06:48:26 PM

Quote from: pacifista on January 28, 2017, 06:37:52 PM

Will gonna see that price once again this feb. Or maybe ath is on the way to shock us all. Bitcoin can still hold the 900$ price if this price will not change ,im pretty sure that 1000$ by feb is possible.

There is no sign for now since the price is really playing in 900 level which is still staying at $910-$940 and i think it takes a long time to see the price increase back to $1000 much more possibility for my own speculation the price could be decrease this coming february..

Where did you base your speculation that the price will go down on february? As far as I can see it, bitcoin is consolidating. It is most likely building steam to make a move upward. This may take some time but I doubt it will move downward. Maybe in two to three weeks it will start to push upward again to 1000$.

He just talk without a reason but it's okay. I think everyone can made their own prediction and tell what their prediction. yes i've same prediction like you bitcoin price will reach back $1000.

Maybe, the best way is stop look and check the price as I'm sure mostly of us here always do it at least 5-10 times a day.
Bitcoin price won't go nowhere this month after big corrected, we should check the price next month, by the way it just 2 days later.
But daily traders seems the big problem right now as every increase usually followed by 'decrease' in minutes. Only big whales could pump the price again, and we don't know for sure if Trump inauguration or China investors will affect the price yet, no evidence at all except someone track it down.

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