1000$ rally tomorrow - page 5. | Bitcointalksearch.org

lumeire

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Quote from: jakelyson on January 20, 2017, 10:43:32 AM

The price did not move as some has expected it would be. Though it have gained a few dollars, it is still mostly moving sideways. Though I was not really expecting it to reach 1000$ today, I was still quite hoping it would reach at least above 900. Trump inauguration does not have that match effect to bitcoin after all.

Seems to me the markets aren't reacting yet. Better give it a week or two in order to adjust.

jakelyson

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The price did not move as some has expected it would be. Though it have gained a few dollars, it is still mostly moving sideways. Though I was not really expecting it to reach 1000$ today, I was still quite hoping it would reach at least above 900. Trump inauguration does not have that match effect to bitcoin after all.

LLec

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Might be dependent on what Trump says during inauguration hahaha.

Quote from: darkangel11 on January 19, 2017, 06:59:07 PM

Quote from: Shiroslullaby on January 19, 2017, 06:47:26 PM

Maybe slightly above $900 but Trump coming into office shouldn't really have that much of a change on the price.
Then again maybe he says one thing about China in a speech and traders go crazy. It will be an interesting couple of weeks for sure.

You said it! According to the volume, the USA have little to say about the price of bitcoin and I doubt the Chinese and the rest of the world will get excited.
Trump has won last year and the initial impact of his election has been felt. How about you wait until he does something for bitcoin, because Trump entering or exiting his room will not influence the prices.

You mean just like there are bets in vegas if he mentions "fake news" or not in his speech right after the processions? Grin

I think there are 2-1 odds that he does. He has a big mouth like that. Cheesy

xIIImaL

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Quote from: darkangel11 on January 19, 2017, 11:25:13 PM

I really doubt he'll waste his speech on bitcoin. Not that it doesn't deserve it, but there are more pressing matters. If he started his presidency with a support of an alternative currency some people might got scared and some other people might think he's using his position to start a panic and manipulate wall street.

As news released from the CNN. It seems to not good sign for bitcoin. However, bitcoin rally is moving again now to 900$. It seems to positive opinion and potential about bitcoin. I think value again march to 1100$ again.

chaser15

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Actually I see no reasons at all why the Trump thing can affect the bitcoin price much tomorrow.

BUT you know no doubt that even only a less chance of mentioning bitcoin right from his mouth and talked positively about it, it will boost the volume. Since obviously it will be taken serioulsy from most of the response of the people.

He have an idea with bitcoin although I assumed it's not his priority to take on cryptocurrencies for now.

darkangel11

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I really doubt he'll waste his speech on bitcoin. Not that it doesn't deserve it, but there are more pressing matters. If he started his presidency with a support of an alternative currency some people might got scared and some other people might think he's using his position to start a panic and manipulate wall street.

darkangel11

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Quote from: Shiroslullaby on January 19, 2017, 06:47:26 PM

Maybe slightly above $900 but Trump coming into office shouldn't really have that much of a change on the price.
Then again maybe he says one thing about China in a speech and traders go crazy. It will be an interesting couple of weeks for sure.

You said it! According to the volume, the USA have little to say about the price of bitcoin and I doubt the Chinese and the rest of the world will get excited.
Trump has won last year and the initial impact of his election has been felt. How about you wait until he does something for bitcoin, because Trump entering or exiting his room will not influence the prices.

Shiroslullaby

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Maybe slightly above $900 but Trump coming into office shouldn't really have that much of a change on the price.
Then again maybe he says one thing about China in a speech and traders go crazy. It will be an interesting couple of weeks for sure.

cengsuwuei

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i think in tommorrow youre write
bitcoin price can't reach to 1000 dollar/bitcoin
my prediction bitcoin price only range 875 - 925 dollar

LLec

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It looks like the rally has started already.

The price this morning was $892 and now at the end of the trading day on the stock exchange it is at above $900 at $906 last time I checked.
This is the ramp up until the Chinese take notice and start buying because their day is about to start on their markets and there is still over 16 hours until the president elect gets sworn into office officially.
The Chinese even if they hate him and America, will not care if this event boost up their economy so they will be buying up as much as they can. And their Chinese New Year is just a week away so that to them is a start of a new for any of their investments. Bitcoin included! Wink

They want the rooster of their New year to be Trump! Grin

jackshephard

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Quote from: n691309 on January 19, 2017, 03:40:17 PM

They are Chinese, "Chinese people need to be controlled; otherwise they will do whatever they want."[i/] - Jackie Chan

Enough said, what could be a more reliable thing than something JC said?

Seriously though, don't expect a serious rise in price because of Trump tomorrow, but a consistent rise over the years if he tries to do what he promised.

n691309

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Quote from: BillyBobZorton on January 19, 2017, 12:23:11 PM

Quote from: n691309 on January 19, 2017, 10:04:06 AM

The $1000 target is not far from the current price but besides Trump I think that also Chinese exchanges have a high potential to change/affect the price

Hopefully the chinese stop being as decisive every time they make a statement. I think it's going to get increasingly less aggressive in terms of price backlashes every time PBOC opens their filthy mouth.

They are Chinese, "Chinese people need to be controlled; otherwise they will do whatever they want."[i/] - Jackie Chan

Quote from: Lucius on January 19, 2017, 12:54:10 PM

[IMG ]http://i67.tinypic.com/14b0uf9.jpg[ /img]

Which website or app does provide these useful information?

Denker

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Quote from: Wolf Rainer on January 19, 2017, 02:23:44 PM

I can see $1200 for sure. The especulator dummies are very predictable, always playing with the emotions of people. Then maybe by 23/24 we will back to $1000 levels.

I don't think anything big to happen in terms of price for tomorrow.
Maybe 50 bucks up and then back down 24 hours later.
Mostly an opportunity for day traders and gamblers.
As a holder I wouldn't expect too much.

Wolf Rainer

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I can see $1200 for sure. The especulator dummies are very predictable, always playing with the emotions of people. Then maybe by 23/24 we will back to $1000 levels.

j753k

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Not sure if Trump will have as big of an impact on BTC as you think..

d5000

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Quote from: maku on January 19, 2017, 09:57:15 AM

Believe me. Chinese traders will have pivotal role in the bitcoin trading for a long time, until China will ban bitcoin and they decide to dump all coins. Bitcoin's price is still being formed mainly in China.

It's not so clear. Most of the Chinese trading volume is inflated because of the BTCC/Huobi/OKCoin no fee policy.
It's even worse: these exchanges reduce withdrawal fees for traders with high volume - so traders are given an incentive to trade more than necessary (mostly with bots).

See this interesting article: https://blockunchained.com/how-chinese-is-bitcoin-part-1-trade-volume-795ac3ed221b

Some of the "Chinese traders" are even whales from the "western world" trading at Chinese exchanges, trying to multiply their BTC.

To answer the question: It may be possible that the OP is right, but it would be because of a convergence of an event which some think that is bullish for BTC (I think it's more bearish long-term, because protectionism is bad for BTC) with technical indicators. We're actually recovering from the correction to the 700-800 level, and if the price does keep above 900 until tomorrow I expect another jump.

manselr

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Quote from: maku on January 19, 2017, 09:57:15 AM

Believe me. Chinese traders will have pivotal role in the bitcoin trading for a long time, until China will ban bitcoin and they decide to dump all coins. Bitcoin's price is still being formed mainly in China.

As much as I would like for Trump's inauguration to boost price of BTC, but I expect it will be another political event without real influence on Bitcoin, just like Brexit before.

Right, but it seems that the chinese have less power everytime they try to collapse the price (by chinese i mean official statements by the chinese government)

So what can we expect? if a ban happens, a big crash would happen, but the price would recover. Then what can the chinese government do after that? they cant no longer have any tactics, they lost control of bitcoin by fully banning it. Thats why banning is a double edged sword.

amacar2

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Quote from: rogerwilco on January 19, 2017, 10:08:57 AM

The Trump presidency should be bullish long term. But everyone already knows the inauguration is happening and it's not like he's going to mention BTC tomorrow, so I doubt anything comes of it in the short term.

Yes i also think same but it may create some temporary pumps that could be good opportunity for day traders to book good profit.
Price is trying to cross $900 from past few days, so we may see price well above $900 or even near $1000 but some correction will be after that rally.

Lucius

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Quote from: BillyBobZorton on January 19, 2017, 09:48:58 AM

I think tomorrow with the Trump thing we may see a rally. It looks like the chinese crap is no longer able to crush the market anymore, so now they will try to pump instead of shorting. The Trump inauguration seems like a good psychological point to press for a bigger price. Make your bets. It may dip but I don't care, that's my prediction.

Considering that there is price rise on election day we will probably see something like that tomorrow.Today price of BTC is on most exchanges 900$+ and it is going up.This time western exchanges and China exchanges are completely equalized,on BitFinex and OKCoin 904$ and almost the same on Bitstamp and Coinbase.

If this rally happens this will be yet another opportunity for make some good profits which is likely to result in new price drop.

BillyBobZorton

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Quote from: n691309 on January 19, 2017, 10:04:06 AM

The $1000 target is not far from the current price but besides Trump I think that also Chinese exchanges have a high potential to change/affect the price

Hopefully the chinese stop being as decisive every time they make a statement. I think it's going to get increasingly less aggressive in terms of price backlashes every time PBOC opens their filthy mouth.

Quote from: rogerwilco on January 19, 2017, 10:08:57 AM

The Trump presidency should be bullish long term. But everyone already knows the inauguration is happening and it's not like he's going to mention BTC tomorrow, so I doubt anything comes of it in the short term.

Trump has some good ideas, but anyone knows that long term he is a mess and not fit to be a president. 4 years is a long term. He is going to eventually fuck up big time with those tweets, and the debt keeps creeping in. If its not in his first term, then if he wins a second term the debt should have crossed 20 trillion++ and shit is going to get real.

Topic: 1000$ rally tomorrow - page 5. (Read 4439 times)