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Topic: Bitcoin price volatility (Read 1420 times)

legendary
Activity: 1652
Merit: 1000
November 20, 2016, 11:36:23 AM
#34
several years ago too bitcoin could reach $1000 so i think there is a chance to back on those price however uptrend don't mean will always increasing for each days and for me even very possible but i don't think that would be happening on this year and on my predictions the price will hit again to $1000 a year after second halving date and that year is 2017
hero member
Activity: 1036
Merit: 514
November 20, 2016, 08:23:24 AM
#33
Bitcoin price was volatile from the start of bitcoin trading so it is not surprising to see dumps and pumps on bitcoin. And we can't conclude anything about future price just looking at few $ pumps happening at short time period, but if we look at price trending charts on longer time period yes price trend is upwards this whole year. So i think 1000$ can be reached again or even we may see new ATH price but we may have to wait a year or more for it to happen.
Actually, we can't predict future price based on charts that shown similar increased in the past, maybe a little bit affected but the main reason of increases price cause of demand and supply which supply are limited and demand depends in economics trend and how famous bitcoin as solution of it.
hero member
Activity: 1638
Merit: 505
November 20, 2016, 07:05:31 AM
#32
The price of bitcoin still uptrend, will it reach $1000 again?

it will reach there eventually, it just needs time and as we have been seeing in bitcoin and how it rises we can be sure about two things that bitcoin will be worth $1000 and more some day and that some day will be in at least a year or two from now because price has been rising slowly for the one and a half year now.
so true . we just need time to get the numbers 1,000USD. bitcoin price movements continue rising until today. bitcoin in the beginning of 2017 could reach 1,000USD fairly easily. everyone hopes it will happen as soon as possible.
legendary
Activity: 2842
Merit: 1253
Cashback 15%
November 20, 2016, 05:51:33 AM
#31
Price volatility is one among the unique feature that bitcoin has got. Lot love the volatility which can't be experienced in any of the other country currencies or digital currencies. The volatility keeps the traders active to earn good profit.

Yes traders loves high volatility but what about merchants?  Unless this merchants are traders themselves, they will be having a hard time adopting bitcoin and this will have a significant effect in the future of bitcoin.  With limited usage, bitcoin will never make it to the mainstream.  Stability is what it needs to have merchants accept it and start a worldwide mass adoption.

I predicted it could happen. but it did not happen this year. may be 1000 USD will occur at the beginning of the month in 2017. bitcoin price developments very fast and well controlled with very nice.
Yeah I also speculated it to happen few months after halving but it didn't. If the current up-trend continues then surely we can expect $1000 in early months of 2017.

more probably last week of 1st quarter of 2017
hero member
Activity: 2492
Merit: 548
8ombard - Pick, Play, Prosper!
November 20, 2016, 05:14:19 AM
#30
Price volatility is one among the unique feature that bitcoin has got. Lot love the volatility which can't be experienced in any of the other country currencies or digital currencies. The volatility keeps the traders active to earn good profit.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
November 19, 2016, 02:00:52 PM
#29
I predicted it could happen. but it did not happen this year. may be 1000 USD will occur at the beginning of the month in 2017. bitcoin price developments very fast and well controlled with very nice.
Yeah I also speculated it to happen few months after halving but it didn't. If the current up-trend continues then surely we can expect $1000 in early months of 2017.

most likely that it will be in q1 of next year
this i expect if this price rise continues to go over 800 and realistically it can stay like that expect around xmas to be that price maybe in some range at least 790-810 just that we can say we are over 800 or at least in that price range

dont think we will see 1000 this year but we never now we might see this at late december but this i have hopes for it in q1 2017
hero member
Activity: 1064
Merit: 529
November 19, 2016, 09:43:07 AM
#28
I predicted it could happen. but it did not happen this year. may be 1000 USD will occur at the beginning of the month in 2017. bitcoin price developments very fast and well controlled with very nice.
Yeah I also speculated it to happen few months after halving but it didn't. If the current up-trend continues then surely we can expect $1000 in early months of 2017.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
November 19, 2016, 09:20:36 AM
#27
The price of bitcoin still uptrend, will it reach $1000 again?

it will reach there eventually, it just needs time and as we have been seeing in bitcoin and how it rises we can be sure about two things that bitcoin will be worth $1000 and more some day and that some day will be in at least a year or two from now because price has been rising slowly for the one and a half year now.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
November 19, 2016, 06:42:52 AM
#26
It is possible.

There are serious economical problems ahead waiting for us. Banning cash, raising the interest rates, italexit, deutsche... So many crap... While bitcoin can benefit from those situations, the opposite also may happen. You know, if we go to the phase of "dump everything", bitcoin may take its piece and can crash also. If we don't see the bottom, bitcoin will keep gaining value.
it is very possible. the important thing now is to maintain the deployment of bitcoin. because the more people are using the higher the price of bitcoin on the market. it is the law that apply in the global financial world.

What do you mean on " deployment of bitcoin". It sounds strange. But bitcoin volatility as of now is not the same to other alt coins out there. It is more established than before and price increased by 2x is quiet hard to attain at this moment. I think bitcoin is already exposed to world and that is the reason for a big price inflation to 700$ per 1 bitcoin.
legendary
Activity: 1596
Merit: 1011
November 19, 2016, 06:37:28 AM
#25
It is possible.

There are serious economical problems ahead waiting for us. Banning cash, raising the interest rates, italexit, deutsche... So many crap... While bitcoin can benefit from those situations, the opposite also may happen. You know, if we go to the phase of "dump everything", bitcoin may take its piece and can crash also. If we don't see the bottom, bitcoin will keep gaining value.
it is very possible. the important thing now is to maintain the deployment of bitcoin. because the more people are using the higher the price of bitcoin on the market. it is the law that apply in the global financial world.
legendary
Activity: 1414
Merit: 1001
November 19, 2016, 05:31:25 AM
#24
I predicted it could happen. but it did not happen this year. may be 1000 USD will occur at the beginning of the month in 2017. bitcoin price developments very fast and well controlled with very nice.
legendary
Activity: 1246
Merit: 1000
November 19, 2016, 04:39:29 AM
#23
It is possible.

There are serious economical problems ahead waiting for us. Banning cash, raising the interest rates, italexit, deutsche... So many crap... While bitcoin can benefit from those situations, the opposite also may happen. You know, if we go to the phase of "dump everything", bitcoin may take its piece and can crash also. If we don't see the bottom, bitcoin will keep gaining value.

That depends on whether people see Bitcoin as an commodity-like asset or as cold cash. If they see Bitcoin as a commodity, then Bitcoin's price will drop when the price of other such assets drop.
hero member
Activity: 490
Merit: 500
November 18, 2016, 11:49:08 AM
#22
This forecast involves different factors. There needs to be real demand to reach the 1,000 USD target. But even if it takes a few months, this value can be achieved.
In my opinion, Bitcoin is underpriced from the perspective of a long-term investor. But for the short term, I'm not sure about it.
legendary
Activity: 3234
Merit: 2420
November 18, 2016, 11:39:28 AM
#21
It is possible.

There are serious economical problems ahead waiting for us. Banning cash, raising the interest rates, italexit, deutsche... So many crap... While bitcoin can benefit from those situations, the opposite also may happen. You know, if we go to the phase of "dump everything", bitcoin may take its piece and can crash also. If we don't see the bottom, bitcoin will keep gaining value.
legendary
Activity: 966
Merit: 1006
November 18, 2016, 11:33:42 AM
#20
This will be expected that as the year when bitcoin halving happens, so as what we see this last months bitcoin price has increased rapidly, and this month I bet bitcoin price will reach $800 to $850 and in December it will reach $900 to  $1000 Grin
May be quite later than December, don't think current buy force is enough to push the price near $1000. But with current rate of growth in bitcoin price it seems 2017 will be great year for bitcoin.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
November 18, 2016, 10:09:04 AM
#19
The price of bitcoin still uptrend, will it reach $1000 again?
In my opinion it can't touch $1k/btc because the main reason is that the price of bitcoin is stable but the small continues increase in the price only due tp availability in the online market .
Many people holding btc to get profit this is tending to increase price ( this fact of increase price is got by me at a blog )
full member
Activity: 155
Merit: 100
November 18, 2016, 09:48:15 AM
#18
The price of bitcoin still uptrend, will it reach $1000 again?

yes why not? probably it's just a matter of time, we need just to see the trends and make our speculation.
Actually we are around 750$ and we are seeing a good volume of txs that can lead to new adopters/big whale decide to use the crypto currency.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
November 18, 2016, 09:45:38 AM
#17
This will be expected that as the year when bitcoin halving happens, so as what we see this last months bitcoin price has increased rapidly, and this month I bet bitcoin price will reach $800 to $850 and in December it will reach $900 to  $1000 Grin
legendary
Activity: 1372
Merit: 1005
November 18, 2016, 09:03:54 AM
#16
Bitcoin price was volatile from the start of bitcoin trading so it is not surprising to see dumps and pumps on bitcoin. And we can't conclude anything about future price just looking at few $ pumps happening at short time period, but if we look at price trending charts on longer time period yes price trend is upwards this whole year. So i think 1000$ can be reached again or even we may see new ATH price but we may have to wait a year or more for it to happen.

Pump is not yet stopped, still bitcoin price will get pumped till the newyear I think because every year in the last month. We use to see some huge price pumps. So according to my guess. This may happen and everyone will benefited because of this price pump.
legendary
Activity: 994
Merit: 1000
November 18, 2016, 07:21:15 AM
#15
Bitcoin price was volatile from the start of bitcoin trading so it is not surprising to see dumps and pumps on bitcoin. And we can't conclude anything about future price just looking at few $ pumps happening at short time period, but if we look at price trending charts on longer time period yes price trend is upwards this whole year. So i think 1000$ can be reached again or even we may see new ATH price but we may have to wait a year or more for it to happen.
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