Topic: Bitcoin on its way to $1,300 (Read 3251 times)

I told you 

We cannot say that its because eventhough theres no ETF  acceptance for it but still we can see the mass adoption and business support it so i can say 1300$ is achievable since we are actually came near for that price but now lets chill and wait for further more flactuating events on bitcoins. Maybe 1300$ will not be achieve easily but as long as bitcoin is circulating in its natural ecosystem there will be good news to us and im confident for that to be happen.

it was kinda obvious that $1300 can not be reached back then or at least if it were reached it would have been a very unstable price because market was not ready for that kind of rise at that time and also because there has been a rise already and we were waiting for the ETF result to see what is the next move.

Bitcoin definitely come at $1300, but when the time is not sure. You know recently bitcoin continuously rise than i was 100% sure bitcoin could cross $1300. But suddenly bitcoin come back and still stop under $1250. So i am not sure bitcoin when come, but i believe it will come soon.   

Completely agree, I'm very optimistic that the price of bitcoin before april would reach $1,300. At first I was worried when the price drop from $1,300 to $1,100 when china new year will repeat or 2 months ago, but it seems it was not evident and visible price will be stable and will not drop under $1,100.

And that's what we need to see and stay tune for now and let's be enough with this ETF rejection. It's useless that we keep on talking about it. Since the price of bitcoin now is at $1,246 on preev. Maybe a month or two the price is possible to reach $1,300 and keep on going just like what happened. The rising time of price did happened for a longer time and the downside of it happened just for a while.

I'm pretty sure that Bitcoin will keep climbing its way up to the top and will, ultimately, be worth a lot of money in the near future. No doubt.

Even though the government would really like to ban it, there would be a massive outcry and, which ever party was in charge at the time, would definitely be voted out next election.

The only thing I'd be worried about is if the Chinese government starting really cracking down on Bitcoin users, because that's our haul of users. And, because they're very far from a democracy, there's nothing we'd be able to do. In such a case, with our current price, I'd predict a price drop to $400 - that is if there was NO bitcoin activity in China. That would probably be impossible though, people would find a way to use it.

In terms of the climbing, it will go slowly because it must follow the markets. The new administration will slow down BTC growth because he will allow the actual USD to perform much better than it has in the past which, in turn, will cause Bitcoin's price to stabilize. Once it starts going down, BTC will rise. Along with that, new users and businesses are constantly finding Bitcoin and using it. Adding to all this, we have a big halving event coming up in 2020 so get ready.

The price will reach $1300 and higher, but it won't be so quick. Expect a LOT of fluctuation before hand.

Buying power is good to make a circulation of bitcoin in a better way. This might lead to some extent for a price increase, these days the segwit and bitcoin unlimited debate into the mining process will make the increase higher breaking the barrier of $1300+ in a short.

Just like what I said, I really don't get it why these people keep on talking about it. What done is done, let's move on and the price is going to pump again no matter what happens, that's the normal cycle of bitcoin's price. After its price to decrease, we know that it is going to increase as those people had enough buying power already.

I think it can not affect a lot.. since we are already using it a lot and many site are actually accepting bitcoin as payment.. and many big company are also accepting like in steam..
And few countries that are accepting bitcoin locally brazil and paris or other countryies that accepted bitcoin locally..
If ETF was rejected well i think its not a problem we can be still use it..

i think ETF is first start for cryptocurrency especially for bitcoin to see the react from government, but government think that they are not approve ETF, bitcoin price is getting down to deep but its not, bitcoin still gain more power in bitcoin community but still it needs more time before we see bitcoin is approve in real life. i only wish, if bitcoin price is going down, the price is not down to far but who knows.  ETF itself is beginning but bitcoin have large opportunity to become one of the greatest investment in future and we see the price is move up and down too often and the other coins is following bitcoin.

I don't understand why people keep on talking about ETF and already gave the rejection of it. Man, without ETF bitcoin will remain bitcoin and as the best crypto currency. And those people that did take the advantage of this scenario got profit already, they sold bitcoin at higher price and when people get panicked, they bought at lower price and now back to normal and on it's way to the top.

The resistance of Bitcoin Price to go down is really amazing.  Many people expected and predicted that in an ETF rejection Bitcoin will go down definitely and FUD will make it worst.  But instead we have seen a stronger Bitcoin.  It took a dip but recovers sooner than lots of us expected.  After seeing this, there is no doubt Bitcoin can even surpass $1,300 just you wait and a lot more if scalability is fixed.

I have to admit that I'm surprised that the Bitcoin price didn't drop lower immediately after the ETF was not approved. It is holding strong above $1200 right now and increasing a little. However, we shouldn't be surprised to still have some dips in price because that is just normal for Bitcoin.

First thing you have to understand is that the price did not go down even when the ETF was rejected and that is indeed a surprise for some as most of the traders expected a slow correction but the prices just galloped after the rejection and you might not see a huge jump unless there is something out there that excites more investment in it.

Yes. This is so true. ETF or not, bitcoin will survived as proven. Maybe the ETF just put bitcoin in the focus of public attention and more and more investors are attractive to it and maybe pump bitcoin ecosystem a little right now so the price is looking great and we didn't expect it to crash as other FUD is saying. So definitely before or at the end of 2017 bitcoin will raise to $2000 level.

We don't need ETF to boost bitcoin prices or credibility. Bitcoin was doing fine without ETF for almost 8 years so far.
After ETF denial Bitcoin's price tumbled over $100, and then recovered fast to $1,250 levels where it was sitting before.
That was the only reaction we had, there won't be any long distance problems ahead due to ETF disapproval.

You have a weird way of looking at the market. If the ETF disapproval would have affected Bitcoin a lot as you say, then why do we stay far above $1200 as a boss? And what are Chese exchanges? Chinese? So what? The market has moved past Chinese exchanges as they barely have any sort of importance after the sanctions put in place by the PBOC. The west is leading, not China.

Yeah bitcoin can reach $1300 but it is a long process since there are still many things against Bitcoin. ETF is not approved and it affects Bitcoin a lot and make the prices stop inceasing. Moreover, tomorrow, Chese exchange will be back and i can ensure that the prices will decrease sharply

Bitcoin became very mature in past 1-2 years, and that because of more and more people are getting into it, that's why any negative news like that ETF thing didn't broke it's resistance and it's hovering above $1200 after massive 250$ dump , if same support continues for couple of days then it will surely cross the $1300 barrier.