Topic: Bitcoin goes to 1200-1300 (within a month?) - page 10. (Read 79048 times)

I think the price is moving up very slowly and it is not what is expected. I wonder if our exceptions of 1000$ on halving will be met ever again ?

Yeah if bitcoin rises slowly then that will be good for its future, as major pump will take price lower over a period of time, and $1200 seems to be impossible.

i actually prefer a slower growth as it will allow the support to build up and get stronger so the price won't get dumped down so hard. slow growth is much more sustainable and that's why i will take slow growth over peaks at any time.

The value is not going to that high and as you can see now you see also that the value is going rising slowly indeed but it is not rising that fast so it will takes a long time.
And that is bad for the most people because they dont have the patience for it and that is bad.

You are right. I do not think the bitcoin price will rise to $800 within a month, let alone $1200. That is the target for next year.

The halving, and coming new features will bring the price to at least double what it is today. Otherwise it will no longer be economically feasible to mine. I don't think there is any doubt about the continued viability of BTC. It is the major trading currency for alt-coins, and I doubt that is likely to change. What I see is continued larger moves upward as we approach the halving. At some point it is likely to mirror the panic buying of late 2013. With just these issues considered, I conservatively expect we will see $1,000 BTC before the end of the year (probably sooner).  

Most people underestimate the influence China has on the future of decentralized digital currency. Believe me as they become more dominant (and they already control 80%), acceptance will be unloaded on the rest of the world like a bomb.

https://www.halleybtc.com/about/

The other, and most important thing to keep in mind is the failing world financial system of fiat currency. This is going to have a far greater impact than any technological implications like BTC halving, decentralized markets, or anonymity. All it will take is another major bank failure to set the financial dominoes toppling again.

http://www.usdebtclock.org/

http://demonocracy.info/

Five of the largest U.S. banks will not survive the next financial crisis which will be far worse than 2008-2009.

http://www.usnews.com/news/business/articles/2016-04-13/regulators-5-big-banks-get-failing-grades-for-crisis-plans

Some of the biggest banks in Europe and Asia are hanging by a thread. They have created a fake recovery by taking interest rates to ZERO, and filling the stock market with hot air (people are forced into stocks, because they can't earn interest on "Safe" cash). Only a complete idiot would accept negative interest rates when there are far better options.

https://www.stlouisfed.org/on-the-economy/2016/may/negative-interest-rates-tax-sheep-clothing

http://www.zerohedge.com/news/2016-05-03/ecb-blames-you-negative-interest-rates

http://www.activistpost.com/2016/02/the-collapse-of-the-too-big-to-fail-banks-in-europe-is-here.html

Anyone ignoring these FIAT facts is living in a fantasy world...

Bitcoin will only reach that high value if it is going to jump and that is only possible when the halving will be only nice and that it is going to rise for a long time but that will not happen.
As you can see now you see also that there will be more people that is going to have some profit with it and that is quite nice for all of us.

No this is never gonna happen in my eyes because the fact is that the bitcoin is gonna rise to a high amount for sure.
the halving will help us for sure with the price.

No that is not happening the difference between $1200 and what the price is now is just to big. Lets focus on what the price can be and stay realistic because speculating about unrealistic amounts is getting is nowhere. 

In the last week, the bitcoin price went down to $440 and it is rising again to $450. So it is still consolidating.

That is right. There could be three factors affecting the price. Halving, SegWit implement shortly and mass adoption.

BTC currently $464 and rising...

I think the bitcoin price wil go to $1200 or above later this year or early next year. This is due to the mass adoption.

Bitcoin will not goes to that value and as you can see now you see also that the value keeps long stable and that can be bad for the people who wants to sell it soon.
The value will be only in the end of the year $500 and thats it and I know people are not happy with it but they have to deal with it.

Dont make any stupid decisions and just wait patiently so you can sell it later with more profit maybe.

Only few users expect the growth of bitcoin to $500 to take place by the following week or month. In reality the fluctuations are low, so price continues increasing.

I do not want the price to break $500 this week. That is the price to be reached in May or June. So the price is less volatile.

If we break the price of 500 in this week in few months 1k value or more will become true but if not the value will reach only around 600-800.
And its still enough for me and we made that we double the value of the price of bitcoin...

According to my opinion the slow price rise is better than a huge jump which leads to a flow up crash immediately afterwards. it would make the price more stable and it is less possible to crash now..

well, I think it is quite impossible. bitcoin even very difficult to increase the price to $ 100 or $ 200 may bitcoin should really have excellent function or have a large fortune before that can happen

Really bitcoin has the potential to reach $1200, but this time only halving has the answer for it. I believe the price might reach only when months pass.