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Topic: $300 before the end of this day or nah? - page 3. (Read 2827 times)

legendary
Activity: 1512
Merit: 1218
Change is in your hands
October 25, 2015, 06:47:54 AM
#31
$294 on preev. It looks like it will break 300$ on preev today. But main thing here is stability we dont want $350 and back to $ 270. I hope it remains stable.
legendary
Activity: 2114
Merit: 1011
October 25, 2015, 06:42:35 AM
#30
I sincerely doubt the next bubble will be an order of magnitude higher. I don't think there's enough buying force or even a possibility for enough hype to be created for Bitcoin to reach 10k any time soon. It's just so, so unlikely that I doubt it. Yeah, if we do have a bubble we probably won't crash below $300, but...

buying force? What about the buying force of the whole world? Your error lies in the fact that you assume that the world remains the same. There will be a lot of new buying force as depression kicks into other asset classes.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
October 25, 2015, 06:38:50 AM
#29
Currently at $289. What do you guys think? Will we be able to break $300 before the day ends or be back at lower levels? Will it be sustainable this time?

Thoughts are welcome.

It's possible in late day trading as the start of the day was at $280
Whether it can push up another 10 dollars in 24 hours is the question.
Otherwise it should test that area by the end of the month with this momentum.
legendary
Activity: 1652
Merit: 1000
October 25, 2015, 06:24:46 AM
#28
it's probably nah
but i wish tomorrow would reach to $300 and the most important is the price would be stable at that price
legendary
Activity: 1134
Merit: 1112
October 25, 2015, 06:06:38 AM
#27
Even if it does, that's not an optimal outcome that I'd like to see. I would much rather see a slow increase to $500 over the next year than a burst straight up to $1000 which will soon collapse back down. What would it collapse back down to? You can't really predict that.

Yes I can, it won't collapse low enough to make you lose money if you buy in right now. the range for the next bubble drama will be in between 1k and 17k. Or to put it another way --- the next order of magnitude.

I sincerely doubt the next bubble will be an order of magnitude higher. I don't think there's enough buying force or even a possibility for enough hype to be created for Bitcoin to reach 10k any time soon. It's just so, so unlikely that I doubt it. Yeah, if we do have a bubble we probably won't crash below $300, but...
sr. member
Activity: 658
Merit: 250
October 25, 2015, 05:58:55 AM
#26
I think it could reach $ 400 until the end of the year. see now the position is in the $ 290 bitcoin.
legendary
Activity: 2170
Merit: 1427
October 25, 2015, 05:55:31 AM
#25
Huobi went over $300 but I don't consider that as an achievement. I am waiting for Bitstamp and Bitfinex to break through the $300 level.
legendary
Activity: 2114
Merit: 1011
October 25, 2015, 05:52:01 AM
#24
Even if it does, that's not an optimal outcome that I'd like to see. I would much rather see a slow increase to $500 over the next year than a burst straight up to $1000 which will soon collapse back down. What would it collapse back down to? You can't really predict that.

Yes I can, it won't collapse low enough to make you lose money if you buy in right now. the range for the next bubble drama will be in between 1k and 17k. Or to put it another way --- the next order of magnitude.
legendary
Activity: 1134
Merit: 1112
October 25, 2015, 05:44:48 AM
#23
No, not before the end of this day, maybe before the end of this month, although I still wouldn't like to see that. We need to be careful and see whether this price increase is actually sustainable or if it's going to lead to another bubble like when BTC went over $1000.

it's going to lead to another bubble like when BTC went over $1000

Even if it does, that's not an optimal outcome that I'd like to see. I would much rather see a slow increase to $500 over the next year than a burst straight up to $1000 which will soon collapse back down. What would it collapse back down to? You can't really predict that.
hero member
Activity: 924
Merit: 1003
4 Mana 7/7
October 25, 2015, 05:41:18 AM
#22
I think we can reach it, but expect a big crash after it. At $291 currently, $9 in one day shouldn't be that big deal seeing the recent price manipulation.
According to preev.com it says 291.5$ , however we shouldn't be happy about this because this price pump is without any apparent reason (at least not for me) so we will probably crash after those manipulators sells their coins ... we should expect the worst this time .

Halving, VAT, and Gemini, yea no reason...  Wink
Halving: Still far to go
VAT: Doesn't make much of a difference
Yes, by being VAT-free it means that no extra taxes are incurred for purchases using bitcoin. Keep in mind that goods already have a VAT so you will still be paying that, just no extra tax for having paid with bitcoin. Good news.
Gemini: Has a lot of publicity, unless its a pump by the twins, it has no direct (positive) effect on bitcoin
legendary
Activity: 2114
Merit: 1011
October 25, 2015, 05:37:26 AM
#21
No, not before the end of this day, maybe before the end of this month, although I still wouldn't like to see that. We need to be careful and see whether this price increase is actually sustainable or if it's going to lead to another bubble like when BTC went over $1000.

it's going to lead to another bubble like when BTC went over $1000
legendary
Activity: 1134
Merit: 1112
October 25, 2015, 05:34:44 AM
#20
No, not before the end of this day, maybe before the end of this month, although I still wouldn't like to see that. We need to be careful and see whether this price increase is actually sustainable or if it's going to lead to another bubble like when BTC went over $1000.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 25, 2015, 05:31:42 AM
#19
We will touch it and break through it, but then probably come back to about these levels of $292. $300 mark is a huge psychological level. Just remember in February - March when we were on a downtrend, how long we were breaking through it. More than 3 weeks we were flirting with this $300 before smashing through it.

It will be interesting to see how we will handle it this time!
legendary
Activity: 2114
Merit: 1011
October 25, 2015, 05:30:41 AM
#18
I think it's going to happen. We have seen insane gains on Sundays before. Pump-and-dumpers will pump it over 300$ and then it corrects itself.
legendary
Activity: 812
Merit: 1000
October 25, 2015, 05:16:44 AM
#17
Currently at $289. What do you guys think? Will we be able to break $300 before the day ends or be back at lower levels? Will it be sustainable this time?

Thoughts are welcome.

I dont think today i'd guess 48-72 hours, we've had todays push if it goes up more now wow that would be really bullish.
sr. member
Activity: 322
Merit: 250
October 25, 2015, 05:01:02 AM
#16
you guys are optimists i mean today day 25 oct 2015 it can reach 300$ i would point to day 30 more reeanable and it will go rise cuase the europe aceptancy news its like a brand new market for btc and legal and still a bit anon in my point its gov should take a control on this and becomea governamental world coin after it reaches the 500$ into legal europe japan and usa (forget) russia and china and africa a bit
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 25, 2015, 04:53:02 AM
#15
According to preev.com it says 291.5$ , however we shouldn't be happy about this because this price pump is without any apparent reason (at least not for me) so we will probably crash after those manipulators sells their coins ... we should expect the worst this time .

Halving, VAT, and Gemini, yea no reason...  Wink

mmh, halving i not here yet, too far away, gemini probably, vat not for sure, because the pump started before it

i hope it's not the same lone wolf that like to ride on good news, to sucks newbie investors money

It seems like this is the case so far, just like what happened months back--price topped at 300 and stumbled down to sub 200. I could be wrong though, but I'm certainly not getting my hopes up.
legendary
Activity: 3206
Merit: 1069
October 25, 2015, 04:12:09 AM
#14
According to preev.com it says 291.5$ , however we shouldn't be happy about this because this price pump is without any apparent reason (at least not for me) so we will probably crash after those manipulators sells their coins ... we should expect the worst this time .

Halving, VAT, and Gemini, yea no reason...  Wink

mmh, halving i not here yet, too far away, gemini probably, vat not for sure, because the pump started before it

i hope it's not the same lone wolf that like to ride on good news, to sucks newbie investors money
legendary
Activity: 1442
Merit: 1014
October 25, 2015, 04:07:29 AM
#13
Currently at $289. What do you guys think? Will we be able to break $300 before the day ends or be back at lower levels? Will it be sustainable this time?

Thoughts are welcome.

That would be too much and not sustainable I believe.
Maybe if the actual rise of the last 4 weeks continues we could finally break the 300 in the next week and keep going. Two times before this year we failed and fall back into the 230s.That was disappointing.
I wanna break the 300 completely and not just temporarily.So give it a bit more time if it is needed.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 25, 2015, 03:12:48 AM
#12
According to preev.com it says 291.5$ , however we shouldn't be happy about this because this price pump is without any apparent reason (at least not for me) so we will probably crash after those manipulators sells their coins ... we should expect the worst this time .

Nah I don't think that traders will just let it slip out of their hands. We will probably test 300, and if it feels like we can't handle it yet, we can go back to lower levels anytume, but not a crash I think.
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