Topic: Can the price of bitcoin still skyrocket - page 5. (Read 9974 times)
It will get there at some point. I would predict that will take a year or more, but I 'm pretty confident that it will get there eventually.
Down right just below $1k again, I hope this level is the new base, as it only gets more exciting from here! 
blow $1000 yes but down to $990-$996 and just FYI it is a -1% drop and in bitcoin standards of price movement, that kind of change whether it is rise or drop doesn't even count!
I said before that it is necessary an extraordinary tragedy, if there is 2016 halving day, so the price goes up to 300%, then if there are no special events will be difficult to skyrocket and looks stagnan without surprise.
Down right just below $1k again, I hope this level is the new base, as it only gets more exciting from here!
Those being skeptical about the price of bitcoin skyrocketing are in a for a shock. Just a year ago, the price was below $200 mark, 12 months later, it is five times more. What I have realized with the trends in bitcoin is that due to its unregulated nature, a small trigger will cause enormous changes in the price of bitcoin. That is why I always say that anything is possible with the price of bitcoin. A very small trigger will cause it to skyrocket and even fall below the $100 mark.
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?
The question is could bitcoin still skyrocket to $1000 - $2,100 as predicted?
It is possible, bitcoin has a potential to have a much higher value that it is already now but it needs time and the community who use bitcoin should be increased more, the price increases gradually if more and more businesses accept bitcoin and the number of hacks/ransomware decreases because it is giving bitcoin a bad marketing.
of course it can,the past events only proved that bitcoin price is going to grow
despite all the negativity,blockchain congestion,chinese exchanges regulations and so on
some predict 10.000$ ,some say it is going to be 2.500$
the nature of the limited supply is such that the commodity becomes useless and it price drops or it remains
valuable and its price increases gradually and inevitably
despite all the negativity,blockchain congestion,chinese exchanges regulations and so on
some predict 10.000$ ,some say it is going to be 2.500$
the nature of the limited supply is such that the commodity becomes useless and it price drops or it remains
valuable and its price increases gradually and inevitably
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.
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.Yeah I agree bitcoin has really a chance to go up everyday with a minimal decrease fluctuation. When the demand continued to rise high it maybe a reason that the price will still skyrocket. It could be same as this thread quoted above the effects slowly came at the end of 2016 which ended with big rise of price.
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.it has never been "random".
there is always some reason behind it. the small changes are simply because of the short fluctuations of the small buys and sells than random people make. and the bigger ones are always because of the change in demand, and that demand sometimes take effect from events and news and sometimes from whales removing their walls.
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.
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.
Personally I would not like that, since it is very likely we will not hear good things about bitcoin from the Chinese government and if china went ahead and created a campaign to denounce bitcoin we could see the price losing value very sharply.
Don't you see bitcoin is being used and adopted by rest of world ? China may dominate bitcoins but only some certain level. There would be a limit which could not be breached by one group of people nor government due to the fact that bitcoin is omnipresent.
Sharp down fall is the thing I do foresee may not happen like what we encounter when mtgox collapsed. But there are many such exchanges and every other things has an alternate or substituent so we are never going to face any sharp down fall.
Only skyrocketing would be possible in upcoming days.
Or greatly positively, and this is what I like much. They could regulate it and you hit the gold paradise or they could devaluate again the yuan and the same would apply, in a less important way though.
Personally I would not like that, since it is very likely we will not hear good things about bitcoin from the Chinese government and if china went ahead and created a campaign to denounce bitcoin we could see the price losing value very sharply.
Don't you see bitcoin is being used and adopted by rest of world ? China may dominate bitcoins but only some certain level. There would be a limit which could not be breached by one group of people nor government due to the fact that bitcoin is omnipresent.
Sharp down fall is the thing I do foresee may not happen like what we encounter when mtgox collapsed. But there are many such exchanges and every other things has an alternate or substituent so we are never going to face any sharp down fall.
Only skyrocketing would be possible in upcoming days.
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$. This may be the result of a increasing exposure, but I do not think so. We need to calm down a bit to make it sustainable.
This is certain at 99% that it will reach this price in the coming decade. However, if you see it reaching this price this year, I think you will be disappointed, as we increased already very much and there is plenty of time between two rises.
You can't lose hope. I think this year is really goof for bitcoin in terms of price as most of the time it was 900$++ 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$.
This is certain at 99% that it will reach this price in the coming decade. However, if you see it reaching this price this year, I think you will be disappointed, as we increased already very much and there is plenty of time between two rises.
There are many people who filled their btc bags from 750$'s after the most recent dumpfest. Some of them will eventually dump their bags and enjoy their profits, which means there might be another dump session ahead.
Skyrocketing is over now. No more fuel left. From now on, its the same old pump&dump game.
Skyrocketing is over now. No more fuel left. From now on, its the same old pump&dump game.
It depends. If you look closely, then a few dumps have attempted to get the price to go down, but the opposite happened. If the market keeps moving as it is doing right now, then I wouldn't be surprised if we see +$1100 prices next week. But then again, how long will the market be able to sustain +$1100 prices. For some reason people don't feel very comfortable at +$1000 levels. It needs time to get people to feel comfortable. As long as that doesn't happen, then for sure the $1000 level isn't safe. Either way, if you just keep holding your coins then you'll find out what will happen.
The point here to note is that people thought when the bitcoin will cross 1000$, there will be massive dumping. Dumping did happen but not as much as it was anticipated. Price again become stable at 1000$ and this only means that bitcoin is no more a pump dump coin and price above 1000$ is a stable price. This trust will serve as a fuel for growth and bitcoin will skyrocket but slowly.
I'm pessimistic, as the price of the bitcoin has gone up 10% and then 20% down, it really makes the price of the bitcoin looks very confusing. Maybe a lot of the speculators who benefit, but to me it is not.
As a newbie you might not bitcoin value is volatile. Many speculations are saying that bitcoin value is move to skyrocket and in furure. According to me its true I think because, Price bump mostly depend upon and supply, demand and adoption. We see that many adoption for btc as a payment and mode of payment.
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
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