Topic: $700 by Nov 11 (not Nov 17)? (Read 2837 times)
I think 700 $ is a matter of time to reach.I will totally agree with this that by Nov 11 or even before of this given date it is quite possible to see it happening.Price begins to increase rapidly and by tomorrow we can see 500 $ and then so on to 700 by the end of this week.
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To reach $700 for 2 weeks the price of bitcoin should be pumped every day for about $25 a day.
To go from $350 to $700 in 2 weeks, with continual compounding, use the rule of 70 (or https://en.wikipedia.org/wiki/Rule_of_72 )To reach $700 for 2 weeks the price of bitcoin should be pumped every day for about $25 a day.
in 14 days, a 5% daily increase will result in a doubling (70/15 = 5)
5% of $350 is only $17.50.
In the last 72 hours we went on bitfinix from $318 to $414, which is $32 per day increase.
Maybe $700 is too low a guestimate for a Nov 17 target?
If we don't get some corrections along the way (I know a big if) we may touch 700 in only 9 days
(70/8% per day = 9 days)
It won't go up in a straight line. If the average increase is $17, then some days will be +$32 or +$40 and some days will be 0 or negative.
For the past 24 hours the price has been increased for 55 USD.
So there are many chances that the price in two weeks can reach 700.
If this trend continues we can see by Sunday the OP's target.
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To reach $700 for 2 weeks the price of bitcoin should be pumped every day for about $25 a day.
To go from $350 to $700 in 2 weeks, with continual compounding, use the rule of 70 (or https://en.wikipedia.org/wiki/Rule_of_72 )To reach $700 for 2 weeks the price of bitcoin should be pumped every day for about $25 a day.
in 14 days, a 5% daily increase will result in a doubling (70/15 = 5)
5% of $350 is only $17.50.
In the last 72 hours we went on bitfinix from $318 to $414, which is $32 per day increase.
Maybe $700 is too low a guestimate for a Nov 17 target?
If we don't get some corrections along the way (I know a big if) we may touch 700 in only 9 days
(70/8% per day = 9 days)
It won't go up in a straight line. If the average increase is $17, then some days will be +$32 or +$40 and some days will be 0 or negative.
...
To reach $700 for 2 weeks the price of bitcoin should be pumped every day for about $25 a day.
To go from $350 to $700 in 2 weeks, with continual compounding, use the rule of 70 (or https://en.wikipedia.org/wiki/Rule_of_72 )To reach $700 for 2 weeks the price of bitcoin should be pumped every day for about $25 a day.
in 14 days, a 5% daily increase will result in a doubling (70/15 = 5)
5% of $350 is only $17.50.
In the last 72 hours we went on bitfinix from $318 to $414, which is $32 per day increase.
Maybe $700 is too low a guestimate for a Nov 17 target?
If we don't get some corrections along the way (I know a big if) we may touch 700 in only 9 days
(70/8% per day = 9 days)
Guys everything is possible,
Really i understood it today when i wake up,
A 55 USD change within 24 hours is large, so 285$ is the difference to $700
...
To reach $700 for 2 weeks the price of bitcoin should be pumped every day for about $25 a day.
To go from $350 to $700 in 2 weeks, with continual compounding, use the rule of 70 (or https://en.wikipedia.org/wiki/Rule_of_72 )To reach $700 for 2 weeks the price of bitcoin should be pumped every day for about $25 a day.
in 14 days, a 5% daily increase will result in a doubling (70/15 = 5)
5% of $350 is only $17.50.
In the last 72 hours we went on bitfinix from $318 to $414, which is $32 per day increase.
Maybe $700 is too low a guestimate for a Nov 17 target?
If we don't get some corrections along the way (I know a big if) we may touch 700 in only 9 days
(70/8% per day = 9 days)
We're mostly on the rise, so I think correction would now set in. Looking at it, maybe a floor of $330-$340, then another rise.
Who knows, we might hit the $400 barrier anytime soon, but $700? No.
Who knows, we might hit the $400 barrier anytime soon, but $700? No.
400$ should/would fall today (pretty close actually, went up to 378, 399 on CNY). As someone already said, most 200x buyers traded by now, for example: bearstamp had 20 minutes, where there were actually no coins for sale. Now traders moving coins to exchanges for actual trade out of "cold stash". Still demand>>supply. We broke many supposedly hard to brake resistance levels in minutes,the price effectively rose a 100$ in a couple of days, and for now as of 03.11 6.00 Am CET, price holds, and China buys again above USD price. This is rally. Much buy, OMG price. Enjoy
If China keeps up with the bots we'll be at $2,000 by November's end.
Do you mean This november, it's too far if want to touch $2,000 and i think now we in the best price this yearIf China keeps up with the bots we'll be at $2,000 by November's end.
Do you mean This november, it's too far if want to touch $2,000 and i think now we in the best price this year
If China keeps up with the bots we'll be at $2,000 by November's end.
375$ already crossed , i wish we could reach 1K $ soon , i want to see all haters weeping for the coins they sold , still time buy, buy , buy...
If it goes up that fast, it WILL come down again.
Depends on the timescale and fractal size. 6h bubbles come down within days, 1d bubbles come down in weeks, and 1w bubbles come down in months.
If it goes up that fast, it WILL come down again.
After it hit $20 in early 2013, it just went up and up and up, to never be below $90 again ever.
I remember talking to bitcoiners in October 2013. People said "Maybe bitcoin can go to $300!" They guessed low because bitcoin had a long, flat summer.
After the bubble, everyone guessed that bitcoin would finish 2014 at $2000 or $5000 or $10,000. The Year of Bitcoin. They guessed high because bitcoin had just bubbled.
People are going to be wrong again. This time, they are going to underestimate the peak. Why? They have grown accustomed to the long bear market.
After the bubble, everyone guessed that bitcoin would finish 2014 at $2000 or $5000 or $10,000. The Year of Bitcoin. They guessed high because bitcoin had just bubbled.
People are going to be wrong again. This time, they are going to underestimate the peak. Why? They have grown accustomed to the long bear market.
So are you saying that this "bubble" bitcoin seems to be experiencing will go above or below the $1K mark? It's really hard to tell with all of this because there are a lot of factors to consider with the uncertainty of the MMM ponzi or the speculative price of the halving coming up soon... who knows what will happen, but it's been a fun ride this far.
Nopes the price won't be doubled by Nov 17
I can say it can reach 600$ by the end of Dec
I can say it can reach 600$ by the end of Dec
If it goes up that fast, it WILL come down again.
I remember talking to bitcoiners in October 2013. People said "Maybe bitcoin can go to $300!" They guessed low because bitcoin had a long, flat summer.
After the bubble, everyone guessed that bitcoin would finish 2014 at $2000 or $5000 or $10,000. The Year of Bitcoin. They guessed high because bitcoin had just bubbled.
People are going to be wrong again. This time, they are going to underestimate the peak. Why? They have grown accustomed to the long bear market.
After the bubble, everyone guessed that bitcoin would finish 2014 at $2000 or $5000 or $10,000. The Year of Bitcoin. They guessed high because bitcoin had just bubbled.
People are going to be wrong again. This time, they are going to underestimate the peak. Why? They have grown accustomed to the long bear market.
The price can't really be predicted to reach that high in such a minimal amount of time. Imagine that it has been months or even a year since we reached $300 again and now here we are speculating that any moment by now the price will be doubled. Yes the trend is showing a good sign of rising but I don't think it will reach $500 even. There are still a lot of things that is affecting the current price of bitcoin and we can't say and be safe to say that it will not fall anytime soon. 
definitely not going to hit 700 in 15 days, thats almost a double increase in price. Im estimating that its going to be around high 300s maybe mid early 400s by mid november.
It has happened before....
definitely not going to hit 700 in 15 days, thats almost a double increase in price. Im estimating that its going to be around high 300s maybe mid early 400s by mid november.
We reached $350 (actually $360, then fell back) today. I think price will double in the next 14 days.
too fast, but I hear $600 in early 2016 so hopefully it really happens if the end of the year $500 Jump to: