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Topic: Can the price of bitcoin still skyrocket - page 10. (Read 9974 times)

hero member
Activity: 1008
Merit: 510
January 25, 2017, 10:33:20 AM
#34
The price can definitely make big increases if there is some great news that comes out or if there is manipulation. But the same can also happen in the other direction if there is bad news like tough regulations.
legendary
Activity: 1652
Merit: 1000
January 25, 2017, 10:05:29 AM
#33
probably next peek would be at that price and i would say yes it is possible but for the exact time is i really don't know it but the most important is we must keep bitcoin would never dropped to $200 again because if after the price skyrocket but not last long i think this is would be useless too and in my point of view that stable is more better rather than reach to skyrocket but after that dropped with very fast
hero member
Activity: 1008
Merit: 1000
January 25, 2017, 09:58:08 AM
#32
Without margin trading a moon shot is much less unlikely.

With China having large leverage positions it gave big volatility in the market, but those days are no more.
hero member
Activity: 1456
Merit: 579
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January 25, 2017, 09:57:25 AM
#31
price rise is possible and will be possible for the future as long as we reach the mass adoption and price becomes stable at a high price.

but don't expect overnight rises of 100%, or 80% rise any more. they are not possible as the market size grows. as we go forward the rises are also becoming smaller for example the 100% rise still happens but in 8 months for example.
legendary
Activity: 2912
Merit: 1068
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January 25, 2017, 09:53:48 AM
#30
It's possible, the question is when and what the price will be. But that depends on many circumstances and indicators so it's hard to tell if skyrocket price is near or distant future. The price is more or less in the same framework these days and how will react in the future it depends on Chineese too.
legendary
Activity: 2240
Merit: 1069
January 25, 2017, 09:43:13 AM
#29
There is no doubt we can reach that amount someday. How long will it take to take us there is the proper question. There are still a lot of things that should be fixed with bitcoin right now. Though the price is still moving upward, There will be a time it will be halted due to the issues bitcoin is facing like scalability and confirmation time. Once these issues are solved, we will see the price skyrocket. But that may still take a lot of time before this come true.
legendary
Activity: 1372
Merit: 1005
January 25, 2017, 09:09:04 AM
#28
You can dream about it, but it wont happend.

Why its not possible. You see the price chart after price dump again bitcoin value is increased and now it crossed 900$ and more. However, we do not able to find big pumps like last year but still price value will increase like every year. Please have a hope on it buddy.
hero member
Activity: 966
Merit: 506
January 25, 2017, 08:47:27 AM
#27
Towards the ending of last year a prediction was outrageously made by Saxo Bank which says the price of bitcoin will sky rocket to $2100 which we did experience some huge increase in the price of bitcoin acouple of days after the prediction was made. Soon we had a situation in China which make some people loose their trust in future of bitcoin cos they think a government of any country could do something worst in the future. But with the huge trust in bitcoin we had from people of Japan,Africa,America etc we had some sort of increase in price this days.

The question is could bitcoin still skyrocket to $1000 - $2,100 as predicted?
I’m not sure that if the price reached that level I would say it skyrocket, don't get me wrong I will be very happy but bitcoin doubling its price is not what I consider skyrocketing, probably it will need to reach something between 5x to 10x before I consider it has skyrocket.

The bitcoin price reached from 750 to 1150$ in the span of one month. So would you not call it sky rocket ? Tell me any other currency or Gold or Oil prices which has gone up so fast in so less time.  For me  Bitcoin is Sky rocketing these days.
hero member
Activity: 714
Merit: 516
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January 25, 2017, 01:22:00 AM
#26
is posible bitcoin price still skyrocket in 2017
but bitcoin price is can't incraese over 2000 dollar in 2017
is very dificult can incraese to 2000 dollar,
maybe in maximum bitcoin price in 2017 only 1500 dollar, nothing is over 1500 dollar
hero member
Activity: 2912
Merit: 541
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January 24, 2017, 11:16:32 PM
#25
Towards the ending of last year a prediction was outrageously made by Saxo Bank which says the price of bitcoin will sky rocket to $2100 which we did experience some huge increase in the price of bitcoin acouple of days after the prediction was made. Soon we had a situation in China which make some people loose their trust in future of bitcoin cos they think a government of any country could do something worst in the future. But with the huge trust in bitcoin we had from people of Japan,Africa,America etc we had some sort of increase in price this days.

The question is could bitcoin still skyrocket to $1000 - $2,100 as predicted?

my prediction bitcoin could be skyrocket in the amount you mention it but we need times before its happen and need good movement from the market. i don't know what will happen with the chinese new year will give impact for bitcoin price, but if there is bad impact so we should be ready to save our money first because now the price is getting down.
hero member
Activity: 896
Merit: 500
January 24, 2017, 11:11:09 PM
#24
You can dream about it, but it wont happend.
legendary
Activity: 1400
Merit: 1001
January 24, 2017, 10:11:30 PM
#23
Closest Prediction to being Accurate was mine.  Cheesy

BTC PRICE is shooting up.

What is your Best Price Predictions?

Mine is it peaks at $1113 for the year 2016 and then dumps in Jan 2017.  Wink

 Cool
It is not actually a "prediction" if you wrote it amidst the biggest pump going on. A prediction would be something you wrote far before pump of 2016 even started.



a situation in China which make some people loose their trust in future of bitcoin cos they think a government of any country could do something worst in the future
Ohh. The Chinese speculants are "some people"?
The People’s Bank of China is respected as font of warnings in PRC.
Actually PBOC is doing the right thing to curb Chinese bitcoin exchanges and place some well needed regulations.
They operated for years by profiting from margin trading, using fake volume, let speculators trade with borrowed money and were using baits of 'zero fees' to entice price volatility.
hero member
Activity: 532
Merit: 501
January 24, 2017, 10:07:23 PM
#22
Towards the ending of last year a prediction was outrageously made by Saxo Bank which says the price of bitcoin will sky rocket to $2100 which we did experience some huge increase in the price of bitcoin acouple of days after the prediction was made. Soon we had a situation in China which make some people loose their trust in future of bitcoin cos they think a government of any country could do something worst in the future. But with the huge trust in bitcoin we had from people of Japan,Africa,America etc we had some sort of increase in price this days.

The question is could bitcoin still skyrocket to $1000 - $2,100 as predicted?
There is chance for anything in the world to happen. No one can predict what is going to happen to Bitcoin. There definitely is a chance for the price to go up to around $2000. But something big needs to occur if this is going to happen. Even where it is now, around $900, is a great price. At least it is stable and not jumping up and down often.

But if something big like a new country accepts Bitcoin, or a new Bitcoin bank is released. Anything of that sort which would make Bitcoin get into the news would be great for the price.
sr. member
Activity: 490
Merit: 252
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January 24, 2017, 09:56:03 PM
#21


a situation in China which make some people loose their trust in future of bitcoin cos they think a government of any country could do something worst in the future

Ohh. The Chinese speculants are "some people"?
The People’s Bank of China is respected as font of warnings in PRC.
hero member
Activity: 840
Merit: 502
January 24, 2017, 09:52:07 PM
#20
Towards the ending of last year a prediction was outrageously made by Saxo Bank which says the price of bitcoin will sky rocket to $2100 which we did experience some huge increase in the price of bitcoin acouple of days after the prediction was made. Soon we had a situation in China which make some people loose their trust in future of bitcoin cos they think a government of any country could do something worst in the future. But with the huge trust in bitcoin we had from people of Japan,Africa,America etc we had some sort of increase in price this days.

The question is could bitcoin still skyrocket to $1000 - $2,100 as predicted?
I’m not sure that if the price reached that level I would say it skyrocket, don't get me wrong I will be very happy but bitcoin doubling its price is not what I consider skyrocketing, probably it will need to reach something between 5x to 10x before I consider it has skyrocket.
hero member
Activity: 1274
Merit: 521
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January 24, 2017, 09:40:23 PM
#19
Skyrocket is possible but the time when will BTC price skyrocket no one can predicted the time, most of when the BTC skyrocket is based on BTC whale, people who have BTC in tiny amount only can wait and take the advantage, and i think this is based on Chinese market, remember on Dec 2016 when BTC skyrocket Chinese market who make it and dump the price again.
legendary
Activity: 2660
Merit: 1074
January 24, 2017, 09:27:19 PM
#18
Towards the ending of last year a prediction was outrageously made by Saxo Bank which says the price of bitcoin will sky rocket to $2100 which we did experience some huge increase in the price of bitcoin acouple of days after the prediction was made. Soon we had a situation in China which make some people loose their trust in future of bitcoin cos they think a government of any country could do something worst in the future. But with the huge trust in bitcoin we had from people of Japan,Africa,America etc we had some sort of increase in price this days.

The question is could bitcoin still skyrocket to $1000 - $2,100 as predicted?

if I remember and we are talking about the same prediction, they said Bitcoin price COULD reach $2000 given the right economic conjecture, for example, Russia unbaning Bitcoin and countries adopting Bitcoin to counter the US dollar and so on.

I doubt any of their ifs will happen today, but we may see $2000, of course for other reasons
hero member
Activity: 2520
Merit: 568
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January 24, 2017, 09:25:57 PM
#17
Yes it can skyrocket again back to $1,000 let's just wait for it. Don't rush because it is possible that bitcoin can reach again that price and even higher. But I don't think it can reach $2,100 this year but maybe $1,500. But for sure bitcoin can make it again as long there is no breached that is going to happen again because that can make the price fall again.
sr. member
Activity: 243
Merit: 250
January 24, 2017, 09:02:34 PM
#16
Let's not forget Indians, there're many people too and they are cornered by their goverment - Bitcoin is only mean of salvation for them
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
January 24, 2017, 08:59:15 PM
#15
The question is could bitcoin still skyrocket to $1000 - $2,100 as predicted?
i think it will become stable again in $1000 sooner or later
but even it go down its still even good cause we can get more btc in low price
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