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Topic: Bitcoin on its way to $1,300 - page 2. (Read 3251 times)

hero member
Activity: 1694
Merit: 502
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March 14, 2017, 08:30:28 AM
#49
Bitcoin is on the way for much higher price, 1300 $ can be the first stop on that way. From comments I see that many people have very high expectations about the price, and that is with a good reason. Price is holding good, looks like bad news don`t have such big impact on price movement, bitcoin recovers pretty fast after every bad drop in past 6 - 12 months. But it`s not time to celebrate, there is many things that needs to be done, and price can go to 2000 $ this year if miners agree on some important questions.
sr. member
Activity: 255
Merit: 250
March 14, 2017, 08:22:19 AM
#48
at this point bitcoin price will only "crash" if bitcoin becomes useless, for example if internet goes out or if there were a weakness in the encryption bitcoin uses.
all the other things you see that people call "crash" are just corrections and sometimes such as the recent drop are dumps to create panic and get cheap coins.
in the end price is always rising...
The encryption cannot be broken anytime soon so that theory is just a theory and not a practical one and if there is any weakness they can upgrade to a new version pretty soon and the only crash we might see is if there a major hack in any exchanges other than that it is fine .
hero member
Activity: 882
Merit: 544
March 14, 2017, 08:06:39 AM
#47
yes im expecting that bitcoin price will crash suddenly because its on highest peak for today. theres a bigwhales to watch out theyre the reason out why bitcoin price is suddenly raising so fast and they also the reason why bitcoin price suddenly dropping because big whales have the most important part in bitcoin price chart.
If the price were to crash it would have crashed after the ETF was rejected and there was a momentary price drop but there was a good resistance and people were buying large amount of coins with every dip and so is the reason the price recovered and i do not think there will be a crash anytime as people will find another solace to keep the price pushing.

at this point bitcoin price will only "crash" if bitcoin becomes useless, for example if internet goes out or if there were a weakness in the encryption bitcoin uses.
all the other things you see that people call "crash" are just corrections and sometimes such as the recent drop are dumps to create panic and get cheap coins.

in the end price is always rising...
I kinda agree with you but let us hope that you are right. having internet going out is really possible right now that the probability of world war 3 is there and having a weakness in the encryption bitcoin uses is really possible since all codes I think have weaknesses of their own, even the well coded ones. Let's just hope that those things wouldn't happen soon or later in the coming years so that we can make more profit out of bitcoin.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 14, 2017, 07:21:55 AM
#46
yes im expecting that bitcoin price will crash suddenly because its on highest peak for today. theres a bigwhales to watch out theyre the reason out why bitcoin price is suddenly raising so fast and they also the reason why bitcoin price suddenly dropping because big whales have the most important part in bitcoin price chart.
If the price were to crash it would have crashed after the ETF was rejected and there was a momentary price drop but there was a good resistance and people were buying large amount of coins with every dip and so is the reason the price recovered and i do not think there will be a crash anytime as people will find another solace to keep the price pushing.

at this point bitcoin price will only "crash" if bitcoin becomes useless, for example if internet goes out or if there were a weakness in the encryption bitcoin uses.
all the other things you see that people call "crash" are just corrections and sometimes such as the recent drop are dumps to create panic and get cheap coins.

in the end price is always rising...
sr. member
Activity: 319
Merit: 250
March 14, 2017, 03:04:51 AM
#45
yes im expecting that bitcoin price will crash suddenly because its on highest peak for today. theres a bigwhales to watch out theyre the reason out why bitcoin price is suddenly raising so fast and they also the reason why bitcoin price suddenly dropping because big whales have the most important part in bitcoin price chart.
If the price were to crash it would have crashed after the ETF was rejected and there was a momentary price drop but there was a good resistance and people were buying large amount of coins with every dip and so is the reason the price recovered and i do not think there will be a crash anytime as people will find another solace to keep the price pushing.
hero member
Activity: 3066
Merit: 536
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March 14, 2017, 12:07:34 AM
#44
Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

One of my friends actually shorted bitcoin right after the ETF decision.

Everyone expected bitcoin to go down to sub $1k value. And it did. But only for like an hour or two, and then it went back up to $1100~ish. Nobody expected this at all, and it proves again that markets are unpredictable even by the expert analysts.

Bitcoin has received amazing community support over this period of time.

I can definitely see bitcoin going to $1,500 or even $2,000 before the year's end.
This situation might be triggered by the news of bitcoin unlimited overcome SegWit which lead to unlimited block size (if I do not misunderstand about it) even though we can not be sure when it could implement. However, we still expect this problem be solved as soon as possible before more merchants left bitcoin transaction.

Bitcoin Unlimited will kill bitcoin because BU doesn't work.

Segwit + LN is the only way to scale.

BU = disaster for the network, Jihan Wu becomes the ruler of everything. Core devs are the best devs on the planet, BU devs are a bunch of idiots that will fuck up and will make us lose our money.

BU will never get anywhere because it lacks merchant and node acceptance anyway.
What will make the bitcoin have another chain if the BU will become a winner in the block signalling? If it will happen in the future and the doomsday of bitcoin is real. It really sucks and I don't like it. Roger twat must get the fuck off from the bitcoin community.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
March 13, 2017, 10:47:05 PM
#43
Is it really the ETF thing that made it fall down for a while? I dont think it is. It is just a normal dump and pump again.
Why are people so scared with that ETF thing? Is it lack of information about funds?
Plus it will not really affect much with bitcoin. Who will join to invest after it is accepted? Small farmers with not a lot of money and other people who got a little to invest their money. I dont discriminate but that is the truth to what will happen after that.

Lol are you insane? Of course it was the ETF. It literally dumped all the way down to around $950 pretty much instantly when the news were released. This was totally timed controlled demolition, the good news is, fear didn't reign for long, it got sold and bought in back so quick, no we are stronger than before the ETF.

Am I insane? NO.
You have proof that it is really because of the ETF? As far as I know this kind of wave from bitcoin is only natural. We are too much focused on that thing that is why we are all thinking it is because of that. Are we forgetting to where we are invested? It is bitcoin and price jumping is normal in it.
hero member
Activity: 910
Merit: 523
March 13, 2017, 10:39:55 PM
#42
Proper and full definition: "Anxiety that an exciting or interesting event may currently be happening elsewhere, often aroused by posts seen on a social media website."

It might be something to it. I believe that bitcoin crowd realized that there is nothing really going in the way of BTC.
ETF decline, PBoC constant monitoring of Chinese exchanges and potential of fruther restrictions - all that didn't make bitcoin crash.
10% price drop? It's nothing. We will have $1250 in a week or two. $2000 in 2017 is not that impossible as I thought initially.

Bitcoin has proven those problems cannot pull it dropped back so far and hold out above $1100. Moreover, bitcoin recover quickly and in a short time, faster than what people expected, who wants to buy cheaper bitcoin. However, I don't think bitcoin could grow more than this level until block size limit problem which this rift between community be solved.
legendary
Activity: 2898
Merit: 1823
March 13, 2017, 09:25:00 PM
#41


I predict a climb.

You do? That is funny. I do too! What a coincidence.

Thanks to the people that panicked some of my buy orders were hit. Now many of them are stuck holding their fiat and waiting for Bitcoin to go back down. Sorry it might not happen in a while.

A very bad move of them! ETF isn't that a big deal and truly thanks for those people that thought the result has a very big impact.

And luckily the price is quite stable back to $1,200. $1,300 is on it's way let's just wait for sometime so that those people that did panic selling.

They don't have choice anymore but to buy bitcoin at higher price.

Yeah that is the sad part. What they should have done was get more buy orders ready. If you look at the all time chart of Bitcoin, it is on a kind of perpetual rise. So keep in mind that we have not seem the moon yet.
legendary
Activity: 2814
Merit: 1192
March 13, 2017, 06:23:53 PM
#40
Looks like we got over the ETF failure and moved on. Those who had buy orders set  up can now enjoy their free coins and watch them grow in value. I wish I weren't scared to keep money on exchanges and had some orders ready, because I sure don't lack support for Bitcoin and knew SEC is not going to mess it up for us. I hope we'll see $1500 this year!
sr. member
Activity: 1176
Merit: 252
March 13, 2017, 06:20:20 PM
#39
bitcoin prices are currently in the range of 1250USD. some exchange have a stable price movements. it is possible that in the next week once bitcoin prices will rise again. see the chart then everything can become a reality.
Well, there is the possibility in a few weeks bitcoin prices could reach $ 1,300. when bitcoin cross that line, I believe, bitcoin prices would definitely go up, and many investors began to recombine. I hope that the price will be reached this week.
legendary
Activity: 1596
Merit: 1011
March 13, 2017, 05:40:54 PM
#38
bitcoin prices are currently in the range of 1250USD. some exchange have a stable price movements. it is possible that in the next week once bitcoin prices will rise again. see the chart then everything can become a reality.
legendary
Activity: 2954
Merit: 1153
March 13, 2017, 02:43:34 PM
#37
Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.
Dump  was expected but the number of buyers were more than sellers because people anticipate the dump and trader are waiting to exploit it. Since the demand was more than the supply the market had to adjust to it. Bitcoin is at a stage that market cant cause a dip for long time before it recovers, it is only the newbie that could make such mistake. Now we should expect a gradual rise to 1500 by June even with chinese factor

This simply show that Bitcoin community have great faith in Bitcoin.  They knew that Bitcoin is still undervalued and getting a piece of it in a cheaper price is already a win for them.  So when Bitcoin crashes lots of hands are catching it, which makes ETF rejection a small case.  With this positive activities, there is no doubt Bitcoin will revisit $1300  soon.
sr. member
Activity: 504
Merit: 250
March 13, 2017, 01:45:42 PM
#36
Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

I still wonder why a lot of people expected bitcoin price to dump immediately after being rejected by SEC. They failed to realize that even before the talk about getting ETF approved, Bitcoin's price has been rising. The price is on it's way to $1300+ with or without the help from SEC's ETF approval.


Yes, bitcoin price is going much higher we all know what are all the benefits we get, Even the SEC rejected it will reach to the $1300 reason is people trust on btc. it is safe and very secure at the same time. more profitably than any other way of investment. hoping for the best for the btc so that we can all get the best outcome for what we are investing in.
sr. member
Activity: 308
Merit: 250
March 13, 2017, 12:03:27 PM
#35
The price will decrease this week. Tomorrow in USA there will be some new announcement about some taxes if i am right. And wednesday the chinese exchanges open again. I am not sure that there will be a crash so i hold and look how the storm passes.

I don't think there will be any drop in the price and even if there is any drop then it will be very minimal for a very short span of time then again bitcoin will regain it's value and have you noticed whenever there is a drop in the price when it increases the price increase will be much more than the dip so it's better not to sell bitcoin in panic if the value slumps because it will surely rise again.
legendary
Activity: 1204
Merit: 1028
March 13, 2017, 11:01:57 AM
#34
Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

One of my friends actually shorted bitcoin right after the ETF decision.

Everyone expected bitcoin to go down to sub $1k value. And it did. But only for like an hour or two, and then it went back up to $1100~ish. Nobody expected this at all, and it proves again that markets are unpredictable even by the expert analysts.

Bitcoin has received amazing community support over this period of time.

I can definitely see bitcoin going to $1,500 or even $2,000 before the year's end.
This situation might be triggered by the news of bitcoin unlimited overcome SegWit which lead to unlimited block size (if I do not misunderstand about it) even though we can not be sure when it could implement. However, we still expect this problem be solved as soon as possible before more merchants left bitcoin transaction.

Bitcoin Unlimited will kill bitcoin because BU doesn't work.

Segwit + LN is the only way to scale.

BU = disaster for the network, Jihan Wu becomes the ruler of everything. Core devs are the best devs on the planet, BU devs are a bunch of idiots that will fuck up and will make us lose our money.

BU will never get anywhere because it lacks merchant and node acceptance anyway.
hero member
Activity: 798
Merit: 506
March 13, 2017, 10:54:26 AM
#33
Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

One of my friends actually shorted bitcoin right after the ETF decision.

Everyone expected bitcoin to go down to sub $1k value. And it did. But only for like an hour or two, and then it went back up to $1100~ish. Nobody expected this at all, and it proves again that markets are unpredictable even by the expert analysts.

Bitcoin has received amazing community support over this period of time.

I can definitely see bitcoin going to $1,500 or even $2,000 before the year's end.
This situation might be triggered by the news of bitcoin unlimited overcome SegWit which lead to unlimited block size (if I do not misunderstand about it) even though we can not be sure when it could implement. However, we still expect this problem be solved as soon as possible before more merchants left bitcoin transaction.
legendary
Activity: 1652
Merit: 1088
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March 13, 2017, 10:10:24 AM
#32
I don't have a crystal ball or a tarot card but by the looks of it and how the price of Bitcoin move lately, $1,300 USD is possible in a few days or weeks maybe and we may see a new all time high again $1,280 USD is the ATH recorded last March 04 this year and BTC is now being traded at $1,251 USD so $1,300 USD is within reach.

Last Friday I saw the price at $1325 and I heard it reached $1350 briefly.

It's been over $1280 so that is most definitely not the ATH.

That was the spike in the morning before the ETF decision came out - it went to $1325, and then went down to $1050 - they were taking out all the stops, and all the buy and sell orders.

This time, i think that it might push $1250, but there will be selling pressure above that.
sr. member
Activity: 294
Merit: 250
March 13, 2017, 09:48:04 AM
#31
Right now the price is on its way to 1300$ and I really am expecting a correction to happen soon since many holders might want to take profit again or some of those who bought at dip will sell those that they got to rebuy cheaper. The opposite might happen though but the chance of correction at these levels are very high since I think this price can be considered big for the history of bitcoin's price.


Lets hope for the hope as those who are into bitcoin from long time knows that the value of bitcoin will reach around 2000 US by the year 2020 but there might be little fluctuations like drop and increase in the value of bitcoin and those who are new to bitcoin will end up selling their bitcoins when there is a drop and traders will be more than happy to buy it as they are aware that it will eventually increase again so that they can sell it for much higher price and i think BTC will achieve 1300 USD by May this year.
hero member
Activity: 882
Merit: 544
March 13, 2017, 09:19:36 AM
#30
Right now the price is on its way to 1300$ and I really am expecting a correction to happen soon since many holders might want to take profit again or some of those who bought at dip will sell those that they got to rebuy cheaper. The opposite might happen though but the chance of correction at these levels are very high since I think this price can be considered big for the history of bitcoin's price.
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