Topic: BTC at $435. Is it sustainable? - page 10. (Read 10824 times)
Down to $410 it goes... I hate this.
Didn't the LTC price jump way before the halving - and by the time it occurred, prices were lower than before?
Looks like you got your answer xD
Just dropped to $420. This isn't looking good 
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
Its not a sustainable value for Bitcoin. According to satoshi's prediction Bitcoin will reach the worht Which is equal 10000$ USD for 1 BTC. my side I am expecting this only for use my bitcoin as future savings.
What's unsustainable is the price being under 4 figures for any longer than another year. Im pretty sure now that when we approach the halving we are going to smash through the last ATH like a ragging bull, then we will have a lot of people selling only to find out there's no correction worth selling at last ATH prices because it will keep growing.
Hate to disagree with you again, but I think the price already reflects the halving. I'm not a big proponent of the efficient market hypothesis, but we all know the halving is going to happen, and the price isn't going to react as though it's news. I do believe your views are shaped by rampant optimism and emotion, and that can be dangerous. However, we'll see. I could be totally wrong.
What's unsustainable is the price being under 4 figures for any longer than another year. Im pretty sure now that when we approach the halving we are going to smash through the last ATH like a ragging bull, then we will have a lot of people selling only to find out there's no correction worth selling at last ATH prices because it will keep growing.
Well, we saw a spike up when the satoshi news came out, which in effect will introduce a lot of new people to bitcoin and remind a lot of people that it's that time of the cycle again, ie the halving is only 6 months from now. The news was on many mainstream media sites and this exposure is not irrelevant.
I do not think it will reach 500 but will go down again at christmas and stay in the lower 400s.
I do not think it will reach 500 but will go down again at christmas and stay in the lower 400s.
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
It is sustainable, what more I think it will rise a bit more before it stop. Will to back, in my opinion no, but I'm not 100 % sure of course. After reading some smart comments here on this forum I believe price of bitcoin is still far from its real price, if bitcoin continue toc grow, and if people start to use it more and more only way for price is up, and we see bitcoin stronger every month.
Ask yourself how valuable can be this ecosystem 
http://startupmanagement.org/2015/10/22/the-global-landscape-of-blockchain-companies-in-financial-services/
We're talking about a brand new internet and this is just the beginning.
http://startupmanagement.org/2015/10/22/the-global-landscape-of-blockchain-companies-in-financial-services/
We're talking about a brand new internet and this is just the beginning.
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
Its good news for us and Price wil imcrease more I guess Because Due to christmas and new year Price bump will go further more and today price is rate is 436$ right now. I am really happy to see this bump.
Apart btc-e and kraken always trading with a lower price, all the other major exchangers btc/usd ~$437 and since the Chinese exchangers are trading with ~$446 then I am pretty sure that the price will stay between 430-440$ for a while or even pass $440 
I think this will continue, I am very optimistic that we will touch $500 at the end of 2015 
More like $470 - 480, I presume. Let's not get our hopes too high, we all know people are gonna cash out if this keeps on going.
I'm even happy if we are at $450 at the end of 2015 if it is able to be held stable.
I think this will continue, I am very optimistic that we will touch $500 at the end of 2015
More like $470 - 480, I presume. Let's not get our hopes too high, we all know people are gonna cash out if this keeps on going.
I prefer these step-wise pumps which then stabilize at a higher range than the previous ones. Hopefully it keeps going this way. North by Northeast.
I think this will continue, I am very optimistic that we will touch $500 at the end of 2015
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
i feel like its going to go up a bit more maybe around 460, then go back in the 300s. 
, bitcoin is really unpredictable tho.It's really unpredictable but I don't see any reason that it will go back to $300. Your using your speculation skills too much.
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
i feel like its going to go up a bit more maybe around 460, then go back in the 300s. , bitcoin is really unpredictable tho. As sustainable as the temperature in summer guys 
Can you elaborate on why you feel this way?
How the hell would anyone here know?
Obviously it is all speculation. I'm looking for opinions
Ah, okay no problem. That is a very good point tho.
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