$500 at the beginning of May ? - page 2.

btcltccoins

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Quote from: boyptc on April 29, 2016, 10:57:48 PM

Quote from: BitFomo on April 29, 2016, 06:43:11 PM

$500 before april ends. Grin

No way pal, its already end of the april and bitcoins price didn't reach that amount Undecided

So doesn't matter, that bitcoin will not cross at the end of April the amount of 500$ , but bitcoin will cross 500$ very soon may be in the first week of May , now a days you will see bitcoin will also go up very fast. within 2 months are very important for bitcoin.

lottery248

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Quote from: richjohn on April 30, 2016, 02:30:17 AM

Well, it is already the last day of April and doesn't touch the price of $500. I think it will happen at the mid or the last week of the month of May.

indeed, $454 today, tomorrow is 1/5, which is practically impossible to achieve this kind of occurrence, which is growing the price of bitcoin up by $46 each. lol.

richjohn

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Well, it is already the last day of April and doesn't touch the price of $500. I think it will happen at the mid or the last week of the month of May.

n0ne

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Quote from: boyptc on April 29, 2016, 10:57:48 PM

Quote from: BitFomo on April 29, 2016, 06:43:11 PM

$500 before april ends. Grin

No way pal, its already end of the april and bitcoins price didn't reach that amount Undecided

It's right. Bitcoin would never touch $500 by April end as we have almost few hours away from the April month last. So we can expect $500 by the mid of May.

boyptc

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Quote from: BitFomo on April 29, 2016, 06:43:11 PM

$500 before april ends. Grin

No way pal, its already end of the april and bitcoins price didn't reach that amount Undecided

1Referee

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Quote from: BitFomo on April 29, 2016, 06:43:11 PM

$500 before april ends. Grin

Nice joke! I give you exactly 0.01% chance for this to become reality within 22 hours from now. Unless you are talking about before the end of April 2017. Wink

BitFomo

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$500 before april ends. Grin

Soul_eater_123

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Quote from: richardsNY on April 29, 2016, 03:47:12 PM

$600 will probably be the highest point assuming the price will go in that direction. They keep naming the block halving all the time, but what if there wasn't a block halving? Would they still be that confident that the price will sky rocket this year? I don't think so.

The only thing the block halving will do is push out the little guys who mine and leave only the super sized mining farms resulting in greater consolidation and centralisation moving further and further away from the ideals of Bitcoin. It will likely raise the price but as has been stated previously large sustained price rises are only going to come with greater adoption and it seems with Bitcoin that little has changed in this regard since 2013 when I first got interested in it.

Sure there are huge plans in the background for mainstream uses and adoption but they are forever 6 months away or a year away and never seem to actually arrive. It's like Bitcoin is the nuclear fusion of currency - nuclear fusion is always 20 years away from becoming a reality, Bitcoin is always 6-12 months away but it may as well be 20 years.

(As for the increasing centralisation of mining I think a switch to POS might help but this is not the right place to discuss that. I have started a thread in the mining forum if anyone is interested to explore that idea: https://bitcointalksearch.org/topic/m.14706074)

richardsNY

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Quote from: uki on April 29, 2016, 12:52:59 PM

Quote from: aleandromagno on April 29, 2016, 07:51:00 AM

Quote from: uki on April 29, 2016, 07:41:18 AM

Quote from: Pitchblackroom on April 28, 2016, 10:46:19 PM

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.

Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.

It is true that now big players can manipulate the price, but capitalization of Bitcoin is growing all the time! Sooner or later Bitcoin will become a stable money! $500 may be even in few days. But do not forget about halving ...

Halving won't get us far, if it is only halving... If there is no real focus on the development we will get yet another pump similar to that one we had last November. How fat it can go? Somewhere between $500 and $600.

$600 will probably be the highest point assuming the price will go in that direction. They keep naming the block halving all the time, but what if there wasn't a block halving? Would they still be that confident that the price will sky rocket this year? I don't think so.

MaritiJames3

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There is a good chance that the 500 dollar will be reached this next month but we still have to look if its really gonna happen.
Maybe it will be in the beginning although I think that would be to mealy I think it will be at the end it will take some time to reach the 500 dollar from the number 450.

Soul_eater_123

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Quote from: uki on April 29, 2016, 12:52:59 PM

Halving won't get us far, if it is only halving... If there is no real focus on the development we will get yet another pump similar to that one we had last November. How fat it can go? Somewhere between $500 and $600.

I agree I don't think it will cause a huge rise but some crazy people think it will cause a crash in price and I just don't understand how fewer coins being produced does that? Also I think you're right the big rises in value will come from external developments that increase the uses and utility of Bitcoin not the technical side of things.

uki

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Quote from: aleandromagno on April 29, 2016, 07:51:00 AM

Quote from: uki on April 29, 2016, 07:41:18 AM

Quote from: Pitchblackroom on April 28, 2016, 10:46:19 PM

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.

Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.

It is true that now big players can manipulate the price, but capitalization of Bitcoin is growing all the time! Sooner or later Bitcoin will become a stable money! $500 may be even in few days. But do not forget about halving ...

Halving won't get us far, if it is only halving... If there is no real focus on the development we will get yet another pump similar to that one we had last November. How fat it can go? Somewhere between $500 and $600.

Soul_eater_123

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The price should be way higher but that would assume that the BTC price and people's behaviour follows common sense! Also if someone can explain to me why some people think the halving should lead to a price fall I would be grateful.

bitcoinhopper

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Bravity is beautiful.

I think the 500 dollar is reachable for may but I think it will hit this amount in the middle of may to be honest.
The price is close to it now but I also think in a week it will lower a bit.

DuckKeeper

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Quote from: uki on April 29, 2016, 07:41:18 AM

Quote from: Pitchblackroom on April 28, 2016, 10:46:19 PM

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.

Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.

The value is hard to predict and the most people are of course hoping that the value will be more worth and that can be nice for the people who already have Bitcoin.
But it wont rise that fast I think because it takes time until the value will be more.

BitsandBites

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500 dollar at the beginning of may is in my eyes possible because its now already at the 45 dollar so I think it will not be hard to reach the 500 dollar.
The 500 dollar can be reached very easy if you ask me, just a matter of some time.

Dr.Osh

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Quote from: West man on April 29, 2016, 08:08:07 AM

This prediction is not looking so good now as it is only 2 days away from May and the amount of the rally has skydived back down to what it was a month ago. No real progress at all. Sad

This prediction may fail again. stay a few more days a month may be arriving, and the price is still above $ 450, we need people who want to buy bitcoin with many within a few days to get the price reaches $ 500

pereira4

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Close call, since the bull pressure is really hard and attempts to crash the price are failing, the price crashed to 420 hours ago and we are not at 452 and steady growing, we will soon crush the 470 peak of the other day and then we will go through the 500's psychological barrier in no time. After that, it's breaking the last ATH.

West man

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This prediction is not looking so good now as it is only 2 days away from May and the amount of the rally has skydived back down to what it was a month ago. No real progress at all. Sad

harizen

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Quote from: aleandromagno on April 29, 2016, 07:51:00 AM

Quote from: uki on April 29, 2016, 07:41:18 AM

Quote from: Pitchblackroom on April 28, 2016, 10:46:19 PM

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.

Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.

It is true that now big players can manipulate the price, but capitalization of Bitcoin is growing all the time! Sooner or later Bitcoin will become a stable money! $500 may be even in few days. But do not forget about halving ...

All big players doesn't have same thoughts so manipulation is just giving an average movement unlike in the past where there are only few people holds a lot of coins, if we are talking about the bitcoin price movement by start of a year.

Speculation is quite the major factor here disregarding some other factors that affects bitcoin price.

Topic: $500 at the beginning of May ? - page 2. (Read 4996 times)