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Topic: $700 by Nov 11 (not Nov 17)? (Read 2859 times)

legendary
Activity: 1526
Merit: 1003
November 03, 2015, 02:43:38 PM
#46
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.
hero member
Activity: 532
Merit: 500
November 03, 2015, 02:15:13 PM
#45
...
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  )
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.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
November 03, 2015, 02:10:56 PM
#44
...
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  )
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.
hero member
Activity: 532
Merit: 500
November 03, 2015, 01:58:31 PM
#43
...
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  )
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
member
Activity: 232
Merit: 29
November 03, 2015, 12:43:37 PM
#42
...
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  )
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)

sr. member
Activity: 401
Merit: 280
November 03, 2015, 01:07:07 AM
#41
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.

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  Smiley
hero member
Activity: 798
Merit: 531
Crypto is King.
November 02, 2015, 10:52:05 PM
#40
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 year
lol shows how much you pay attention
hero member
Activity: 714
Merit: 500
Me, myself and I
November 02, 2015, 10:41:25 PM
#39
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 year
hero member
Activity: 798
Merit: 531
Crypto is King.
November 02, 2015, 10:19:19 PM
#38
If China keeps up with the bots we'll be at $2,000 by November's end.
hero member
Activity: 546
Merit: 500
November 02, 2015, 09:40:10 PM
#37
375$ 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...

hero member
Activity: 924
Merit: 1000
November 02, 2015, 09:36:34 PM
#36
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.
legendary
Activity: 1153
Merit: 1000
November 02, 2015, 09:34:57 PM
#35
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.
legendary
Activity: 1316
Merit: 1004
November 02, 2015, 09:19:17 PM
#34
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.


So are you saying that this "bubble" bitcoin seems to be experiencing will go above or below the $1K mark?  It's really hard to tell with all of this because there are a lot of factors to consider with the uncertainty of the MMM ponzi or the speculative price of the halving coming up soon... who knows what will happen, but it's been a fun ride this far.
member
Activity: 112
Merit: 10
November 02, 2015, 09:15:10 PM
#33
Nopes the price won't be doubled by Nov 17
I can say it can reach 600$ by the end of Dec
sr. member
Activity: 364
Merit: 250
November 02, 2015, 09:13:39 PM
#32
If it goes up that fast, it WILL come down again.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
November 02, 2015, 09:02:45 PM
#31
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.
legendary
Activity: 1120
Merit: 1008
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November 02, 2015, 08:59:43 PM
#30
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. Wink
legendary
Activity: 1639
Merit: 1006
November 02, 2015, 08:55:39 PM
#29
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....
hero member
Activity: 756
Merit: 500
November 02, 2015, 08:53:46 PM
#28
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.
legendary
Activity: 1960
Merit: 1026
November 02, 2015, 08:51:04 PM
#27
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 Smiley
legendary
Activity: 1736
Merit: 1029
November 02, 2015, 08:43:21 PM
#26
If it hits that high of a price in that low of a timespan, the media will go crazy once again Smiley  In the small chance that this actually happens, expect bitcoin to hit $1000 again thanks to our media persons Smiley
legendary
Activity: 1316
Merit: 1004
November 02, 2015, 08:29:13 PM
#25
By the end of November it could definitely be possible for the price to rise so far as $450, but $700 is a pipe dream and a dangerous one at that... a price spike like that will in fact cause a major correction, which might make it go past $270 or so.


tell me, who would sell at $270?

it might drop all the way back to current levels, because a lot of people bought at this price, but everyone who would sell at $270 has already sold even now, so why would they wait until after the price has risen to $700

that doesnt make any sense at all.

Just because "a lot" of people bought at $270, doesn't mean that "everyone" bought at $270... I mean hell, I remember buying some at $250 and though I was late to the party.  And also, I don't think you can just generally say that "everyone" who has bought at that price has sold by now, I mean technically I haven't really sold yet... What you said is too broad of a statement, so therefore to me, your post doesn't really make sense at all. Tongue
legendary
Activity: 1232
Merit: 1000
November 02, 2015, 08:14:08 PM
#24
$700 by November 2017 (not 17th November  Tongue) will be good.
Double your investment in 2 years.
legendary
Activity: 1316
Merit: 1004
November 02, 2015, 08:13:31 PM
#23
By the end of November it could definitely be possible for the price to rise so far as $450, but $700 is a pipe dream and a dangerous one at that... a price spike like that will in fact cause a major correction, which might make it go past $270 or so.

This is a good post ^^^^

We need gradual price increass to an extent. Even today is ok, I'd rather slowly go up now than have a 100% price increase to 700 within 2 weeks. That kind of shit just isn't sustainable. Maybe 700 by the halving next summer is a realistic & safe reality/hope.

I truly believe that all this price increase is people trying to gather as much bitcoins as possible before the halving speculation pricing begins... Now that is going to be a shit show in itself, and the exchange sites might collapse from so much traffic coming in lol... but seriously, a long with the sketchiness of the MMM ponzi thing that no one really seems to know the actual truth of what their intention are coming out of china; I think that a majority of people are just eager to grab as many coins as possible for the cheapest price that they can afford at one given time.
legendary
Activity: 1106
Merit: 1005
November 02, 2015, 08:10:24 PM
#22
By the end of November it could definitely be possible for the price to rise so far as $450, but $700 is a pipe dream and a dangerous one at that... a price spike like that will in fact cause a major correction, which might make it go past $270 or so.


tell me, who would sell at $270?

it might drop all the way back to current levels, because a lot of people bought at this price, but everyone who would sell at $270 has already sold even now, so why would they wait until after the price has risen to $700

that doesnt make any sense at all.
hero member
Activity: 602
Merit: 508
November 02, 2015, 07:40:27 PM
#21
I question this, we will go back to $200 soon I guess.
legendary
Activity: 3556
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November 02, 2015, 07:36:16 PM
#20
By the end of November it could definitely be possible for the price to rise so far as $450, but $700 is a pipe dream and a dangerous one at that... a price spike like that will in fact cause a major correction, which might make it go past $270 or so.

This is a good post ^^^^

We need gradual price increass to an extent. Even today is ok, I'd rather slowly go up now than have a 100% price increase to 700 within 2 weeks. That kind of shit just isn't sustainable. Maybe 700 by the halving next summer is a realistic & safe reality/hope.
sr. member
Activity: 714
Merit: 250
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November 02, 2015, 07:31:41 PM
#19
I highly doubt it'll be $700 by November! I can't see the economics behind that statement, it seems fairly stable as is. Fluctuations of that amount would really surprise me, and would take some drastic event to occur.

I think we'll hit $400 but perhaps not as soon as you think.
legendary
Activity: 1316
Merit: 1004
November 02, 2015, 07:30:00 PM
#18
By the end of November it could definitely be possible for the price to rise so far as $450, but $700 is a pipe dream and a dangerous one at that... a price spike like that will in fact cause a major correction, which might make it go past $270 or so.
sr. member
Activity: 369
Merit: 250
November 02, 2015, 07:27:38 PM
#17
We reached $350 (actually $360, then fell back) today.  I think price will double in the next 14 days. 

You should invest your life savings today then. You'll be twice as wealthy in 14 days Cheesy
legendary
Activity: 2170
Merit: 1427
November 02, 2015, 07:15:58 PM
#16
$700 is hundreds of miles away. I am targeting the $400 level for this month to be the high of the year 2015. In 2016 we can advance further, but this year we definitely won't see $700. After the block halving it is possible, but not now.
legendary
Activity: 1848
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Next-Gen Trade Racing Metaverse
November 02, 2015, 07:02:02 PM
#15
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.
legendary
Activity: 1470
Merit: 1001
November 02, 2015, 06:59:54 PM
#14
Would be nice 700 $ but on 17th of november is very fast. I think that bitcoin price will not grow as fast. There is an important increase on last days, but prices need to relax a bit.
legendary
Activity: 1138
Merit: 1035
Bitcoin accepted here
November 02, 2015, 06:48:11 PM
#13
We reached $350 (actually $360, then fell back) today.  I think price will double in the next 14 days. 

No, it's not happening. $350 in 2 weeks would be too much.
hero member
Activity: 532
Merit: 500
November 02, 2015, 05:53:44 PM
#12
We reached $350 (actually $360, then fell back) today.  I think price will double in the next 14 days. 

Woah!
Calm down sailor! Let's be happy how much the price has risen in such a short time. I'm very bullish but I doubt the price is going to double in the next 2 weeks unless you know something I don't?

I'd be very happy to be proved wrong. My personal target is to get & stay above 350 in the next week or two.

Well you are speculating for a double price.
I think this is impossible to be reached for only 2 weeks.
It can reach maybe 400 saying the truth but not 700

I have just seen a thread with the prices from Bitstamp in November 2013. These were day to day price increases. This is insane.

Also if this could happen already once, why wouldn't it be possible to happen again? I am not saying that OP is right but heck we are in the Bitcoin world and in this world everything seems possible, especially if it has already happened in the past.

Everything can be possible but not a massive jump.
The price of OP is double as it is now (almost double)
To reach $700 for 2 weeks the price of bitcoin should be pumped every day for about $25 a day.
legendary
Activity: 1106
Merit: 1005
November 02, 2015, 05:49:43 PM
#11
We reached $350 (actually $360, then fell back) today.  I think price will double in the next 14 days.  

Woah!
Calm down sailor! Let's be happy how much the price has risen in such a short time. I'm very bullish but I doubt the price is going to double in the next 2 weeks unless you know something I don't?

I'd be very happy to be proved wrong. My personal target is to get & stay above 350 in the next week or two, there's always the danger of ass holes dumping on us.

if people are going to sell, when did they buy the bitcoin?

If we fall back to $300 or lower, that's only going to happen within 24 hours (people that have bought this weekend, and are just waking up might sell).

If we stay at $350 or higher for 24 hours we can be pretty sure we will stay there.

Because everyone who has bitcoin to sell already sold, the rest is all bulls.
hero member
Activity: 798
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Move On !!!!!!
November 02, 2015, 05:45:50 PM
#10
We reached $350 (actually $360, then fell back) today.  I think price will double in the next 14 days. 

Woah!
Calm down sailor! Let's be happy how much the price has risen in such a short time. I'm very bullish but I doubt the price is going to double in the next 2 weeks unless you know something I don't?

I'd be very happy to be proved wrong. My personal target is to get & stay above 350 in the next week or two.

Well you are speculating for a double price.
I think this is impossible to be reached for only 2 weeks.
It can reach maybe 400 saying the truth but not 700

I have just seen a thread with the prices from Bitstamp in November 2013. These were day to day price increases. This is insane.

Also if this could happen already once, why wouldn't it be possible to happen again? I am not saying that OP is right but heck we are in the Bitcoin world and in this world everything seems possible, especially if it has already happened in the past.
member
Activity: 232
Merit: 29
November 02, 2015, 05:42:17 PM
#9
one of the reasons I think this is that this move has a LONG way up to go - like $5000-$10000 before the bubble might start to peak out.  This flat market for the last 10 months is a tightly coiled spring ready to pop like we have not seen in a long time.  It will overshoot quite a ways when it does.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
November 02, 2015, 04:32:53 PM
#8
We reached $350 (actually $360, then fell back) today.  I think price will double in the next 14 days. 

Altho i like your enthusiasm, i highly doubt it will double up to 700 usd that fast. The timerange for that price is much more likely to be around the halving
month next year. But since it's so highly unpredictable, i guess anything is possible; the higher the price - the more the exposure we're getting - and vice versa; like a neverending loop (until it pops again )
sr. member
Activity: 420
Merit: 250
November 02, 2015, 04:24:01 PM
#7
It could very well be possible. Over the past weeks, since mid September, we have been seeing a spot-on exponential growth start phase. If the trend continues exponentially with the same growth rate as seen since mid September, we would reach ~440 at the end of this week, and ~750 end of next week.
legendary
Activity: 2002
Merit: 1040
November 02, 2015, 04:23:29 PM
#6
Believer indeed OP. The good thing is this is Bitcoin, so anything is possible. Let's hope you're right!
legendary
Activity: 1722
Merit: 1000
November 02, 2015, 04:21:58 PM
#5
..Or fall to 150$
                   Grin

The odds of that are super low.. I hope so as I have buy orders ready for the price to tank.. but.. I highly doubt we are going sub $220 ever again.
hero member
Activity: 532
Merit: 500
November 02, 2015, 03:59:56 PM
#4
We reached $350 (actually $360, then fell back) today.  I think price will double in the next 14 days. 

Woah!
Calm down sailor! Let's be happy how much the price has risen in such a short time. I'm very bullish but I doubt the price is going to double in the next 2 weeks unless you know something I don't?

I'd be very happy to be proved wrong. My personal target is to get & stay above 350 in the next week or two.

Well you are speculating for a double price.
I think this is impossible to be reached for only 2 weeks.
It can reach maybe 400 saying the truth but not 700
sr. member
Activity: 366
Merit: 261
November 02, 2015, 03:59:45 PM
#3
..Or fall to 150$
                   Grin
legendary
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November 02, 2015, 03:59:09 PM
#2
We reached $350 (actually $360, then fell back) today.  I think price will double in the next 14 days.  

Woah!
Calm down sailor! Let's be happy how much the price has risen in such a short time. I'm very bullish but I doubt the price is going to double in the next 2 weeks unless you know something I don't?

I'd be very happy to be proved wrong. My personal target is to get & stay above 350 in the next week or two, there's always the danger of ass holes dumping on us.
member
Activity: 232
Merit: 29
November 02, 2015, 03:56:17 PM
#1
We reached $350 (actually $360, then fell back) today.  I think price will double in the next 14 days.  
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