I have less and less home that bitcoin price will go skyrocket because look how now price is going so slow up so that means that bitcoin skyrocketing time ended and that now bitcoin price will grow with less speed.
With bitcoin anything can happen but I know it going to be the positive result and the price currently stable and strong at $1100- 1189 which we can the price at $1500 next week. 
Topic: Can the price of bitcoin still skyrocket - page 4. (Read 9974 times)
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I have less and less home that bitcoin price will go skyrocket because look how now price is going so slow up so that means that bitcoin skyrocketing time ended and that now bitcoin price will grow with less speed.
The price per a bitcoin was down little due disapproving order issued by the U.S. Securities and Exchange Commission (SEC) to trade Coin ETF. But the price rebounce back to $1200 today before stable at $1179. With all this you will knew bitcoin is so strong and any good tiding can happen through it any time.
I have less and less home that bitcoin price will go skyrocket because look how now price is going so slow up so that means that bitcoin skyrocketing time ended and that now bitcoin price will grow with less speed.
The price per a bitcoin was down little due disapproving order issued by the U.S. Securities and Exchange Commission (SEC) to trade Coin ETF. But the price rebounce back to $1200 today before stable at $1179. With all this you will knew bitcoin is so strong and any good tiding can happen through it any time.
I have less and less home that bitcoin price will go skyrocket because look how now price is going so slow up so that means that bitcoin skyrocketing time ended and that now bitcoin price will grow with less speed.
Looking at the current conditions I don't think bitcoin can skyrocket because miners,exchangers are all under pressure from some central bank denying mass adoption of bitcoin, we the users are also panic selling whenever a bubble presents its self.
I think that the greatest obstacle to mass adoption of bitcoin are not the central banks but the misinformation spread my the media in an effort to scare the average Joe's from adopting something that could benefit them enormously but due to the scare tactics they have not done so. As many have already said, bitcoin still has a long way to go before it stabilizes and gains trust with the mainstream population. Until that happens we could see prices jump to 2500 before crashing back to 600 the next time the Chinese do something
bitcoin is now a long way from becoming mainstream and being mass adopted. but it is already an investment, and lots of people are trading it with serious money and that makes any kind of bubble or crash impossible at this point. so forget about $2500 and $600 just because country X did something.
I'd have to disagree. Bitcoin's price has always been very volatile. The Mt. Gox and Silk Road incidents both had very big influences on bitcoin's price and they're not even countries. If a country or hell maybe even just a group of whales do something they could definitely sway the price in their favor.
As many have already said, bitcoin still has a long way to go before it stabilizes and gains trust with the mainstream population. Until that happens we could see prices jump to 2500 before crashing back to 600 the next time the Chinese do something
bitcoin is now a long way from becoming mainstream and being mass adopted. but it is already an investment, and lots of people are trading it with serious money and that makes any kind of bubble or crash impossible at this point. so forget about $2500 and $600 just because country X did something.
As many have already said, bitcoin still has a long way to go before it stabilizes and gains trust with the mainstream population. Until that happens we could see prices jump to 2500 before crashing back to 600 the next time the Chinese do something
We're already on the moon and you just sleep or something, just 2 weeks ago people were talking about $850+ prices to be a good price and they were happy with $925 throwing parties, did you know miners in China are mining each bitcoin with only spending $500?
This might not yet be the peak price as we are seeing that there is still a lot of movement and we all know the potential of bitcoin to break new highs very quickly. We just have to watch out for when the market overheats and if the price climbs too fast, chances are it is going down fast, as well.
We're already on the moon and you just sleep or something, just 2 weeks ago people were talking about $850+ prices to be a good price and they were happy with $925 throwing parties, did you know miners in China are mining each bitcoin with only spending $500?
The bitcoin price can still skyrocket in my opinion. It can skyrocket if there are some kind of demand that will drive it up to some point of price or if someone manipulates it to reach a certain target then dump. Right now bitcoin's price is around 1,008 US Dollars according to preev and who knows tomorrow or some weeks after this day, the price might be more than it or less only time can tell the price in the future.
Indeed, Bitcoin economy is still young and yet meet the saturation of its market. Aside from that, if we take the ratio of Bitcoin to world population and the current user or supporter of Bitcoin, there is no way for bitcoin but to go up in price.
The bitcoin price can still skyrocket in my opinion. It can skyrocket if there are some kind of demand that will drive it up to some point of price or if someone manipulates it to reach a certain target then dump. Right now bitcoin's price is around 1,008 US Dollars according to preev and who knows tomorrow or some weeks after this day, the price might be more than it or less only time can tell the price in the future.
It is difficult to price the bitcoin can skyrocket again, early yesterday seemed to many observers are convinced that prices will not skyrocket and bitcoin dropped below $1.000, but the fact that it happened. even yesterday's price reaches highest in this year, but back down.
It's pretty much random when prices go up and down in most cases, although events also influence the changing of prices. Bitcoin has a chance for its price to go up and up every day but that doesn't mean it'll happen. For one, the price rise this year was partially caused by the fact that the block halving cut the supply being created and the effects slowly came into effect at the end of 2016 with the huge price rise.Or possible a price manipulation. If there is an irregularities in price like a sudden increase in price of Bitcoin forming a temporary bubble, this means that someone is pushing the price up for possible dump once the target price is achieved. Or someone is spreading FUD to make the price down, then someone wants to buy really cheap.
The possible trigger would be the approval of ETF, since lots will follow this trail and those who are hesitant to jump in to Bitcoin wagon will no doubt starts boarding that Bitcoin wagon. We can see Bitcoin starts to skyrocket from here.
I think it may come true one day. The day will come, when the masses will be "run bitcoin", as well as it used to happen with gold. Another reason for the growth of BTC lies in its limited circulation (~21 million) and increasing of the demand. The increase in demand will push the growth of investments in the cryptocurrency, which over time will contribute to dynamic growth.
and when I see how many people are involved with bitcoins, less then 1 % of population, increasing number on users on 5 % of world population or even more bitcoin can really become revolution
7479901500 - world population
100,000,000 - BTC users in 2016
In that way 1% is 74,799,015
Yeah the actual number of people involved is still a tiny fraction, i dont know anyone IRL who really knows much about BTC yet. I have been using it to pay for some thing IRL via gift cards mostly.
It is difficult to price the bitcoin can skyrocket again, early yesterday seemed to many observers are convinced that prices will not skyrocket and bitcoin dropped below $1.000, but the fact that it happened. even yesterday's price reaches highest in this year, but back down.
It's pretty much random when prices go up and down in most cases, although events also influence the changing of prices. Bitcoin has a chance for its price to go up and up every day but that doesn't mean it'll happen. For one, the price rise this year was partially caused by the fact that the block halving cut the supply being created and the effects slowly came into effect at the end of 2016 with the huge price rise.
I bet yes, bitcoin hold the price to 900 to 1100$. Which is the highest stable price in 8 years. Bitcoin could double or triple this price if all the missing part of bitcoin is filled.
Stable price in 8 years?? we had faced 2 halving again in the next 8 years if the price not rise, I guess bitcoin users will start to leave bitcoin. we know every time after halving the price would rise. 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?
Yes, I guess bitcoin will reach around $2000 by the end of the year. People from Japan might be the reason why bitcoin could rise so fast after significant decrease of the price. The key to get there is simply spread widely, just for make bitcoin adopted by more people in every corner of the world. There are some problems of course such as block size, miners handle transaction, regulations from government, price manipulation or hack issue, but we will overcome and pass through.The question is could bitcoin still skyrocket to $1000 - $2,100 as predicted?
statement on Thursday regarding the meeting they held with nine Chinese exchanges. Although, the price quickly regained back to $1000 only hours later and I guess Japan,US,Slovenia etc were the reason for that.
there is a possibility also to continue dumping if some whale investor discouraged on what happened on china issue. If they pull out there investment, i think their will be huge breakdown on bitcoin price and expect to the chaos in cryptoworld
What happen is that Chinese exchanges was accounted for 42 percent of all bitcoin while yuan was accounted for 98 percent of bitcoin trading early this year. So must of the investors were nervous due to what happened in China cause they think rally or plunge may occur and I believe no one will like to his/her investment.
Nevertheless, one thing I'm reassure of is that bitcoin is strong that this and we the user have a lot of home work to do either online or offline and thanks to Tealet for decentralizing the Tea business with bitcoin
This is certain at 99% that it will reach this price in the coming decade. However, if you see it reaching this price this year, I think you will be disappointed, as we increased already very much and there is plenty of time between two rises.
You can't lose hope. I think this year is really goof for bitcoin in terms of price as most of the time it was 900$++ and reached $1000 couple of times.
I don't think it will be a challenge for bitcoins to reach $2000 this year if china doesn't interfere in the working od bitcoins like they have done in past months. Also this year I have also seen bitcoin gaining lot's of attention which I think would really be good for it to reach 2000$ or maybe 1500$.
I have been used to slow rises as I live the 2015 year a.k.a. 200$ flat year, so this all, since November 2015 seems to fast for me. In one year and a half we went from 200$ to 1000$. This may be the result of a increasing exposure, but I do not think so. We need to calm down a bit to make it sustainable.
Why did ask us to use their signatory code? Mate, exposure is also the key of business.
I bet yes, bitcoin hold the price to 900 to 1100$. Which is the highest stable price in 8 years. Bitcoin could double or triple this price if all the missing part of bitcoin is filled.
More miners join more difficulty increases as a result price should've gone much higher than $1200 but because of the recent arguments about block size and many are now wonder whether developers are competent enough or not, price has to go higher than $1500 in next 3 months or mining will be unprofitable.
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