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Topic: Can the price of bitcoin still skyrocket - page 7. (Read 9974 times)

hero member
Activity: 882
Merit: 544
February 08, 2017, 04:55:23 PM
#94
The price of bitcoin can still skyrocket I think. As far as we can see, it's price is slowly moving upwards but it looks healthy that way. In the next few weeks or months, There will be a skyrocket if this current pump continues and many more users might start using bitcoin too that might help drive the price up even more. The bitcoin holders also help in this current pump by not selling all the coin they got now.
sr. member
Activity: 399
Merit: 250
February 08, 2017, 10:51:30 AM
#93
Looking at the chart for recent months, and comparing with what happened in 2013, the impression is that the Bitcoin price can in fact skyrocket sooner than we think, but I think technical analysis is not enough, we need to know if the fundamentals are favorable for this to happen.
hero member
Activity: 770
Merit: 500
February 08, 2017, 10:36:24 AM
#92
I think it is better that the price increase gradually, through a real increase in demand, not through pure manipulation. I think that by the end of the year it will be possible to see Bitcoin in the two thousand dollar range, and many experts think the same, but it is better not to have exaggerated expectations, because things are uncertain in this market.
and real increase in the price of bitcoin is possible if the demand of bitcoin is increasing and the demand can only be increase if the mass adaption of bitcoin will increase. and mass adaption can only increase if people will take interest in bitcoin and people will only take interest in bitcoin if they are getting knowledge about bitcoin. and i think it is our duty to introduce bitcoin to all the people of the world, i think as soon as the number of bitcoin users are increasing the manipulating of bitcoin price is becoming more and more difficult.
hero member
Activity: 966
Merit: 507
February 07, 2017, 04:28:25 PM
#91
I didn't quite understand what means "skyrocket", sorry for my English. Does it mean the fast rise or some huge price?

Someone has already invented "Google", my friend. Grin

Of course I think bitcoin has an inherent value and that is why I don't think its price only depends on the Chinese regulations. I am convinced that the alleged influence of China in the bitcoin behavior is mere speculation and that country is extremely overvalued for bitcoiners.
sr. member
Activity: 294
Merit: 250
February 07, 2017, 03:47:28 PM
#90
I didn't quite understand what means "skyrocket", sorry for my English. Does it mean the fast rise or some huge price?
legendary
Activity: 3318
Merit: 1247
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February 07, 2017, 03:01:55 PM
#89
It has skyrocketed past what everyone's expectations were coming into the year.
This soon nobody would have said it was so close to the barrier of the Ath high of three some odd years ago.
hero member
Activity: 2884
Merit: 794
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February 07, 2017, 01:47:12 PM
#88
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?
It could happen but, does it even matter? If you are in bitcoin because you believe in the technology and not just to make some quick buck then it does not matter if it skyrockets or we just see a slow appreciation in price, the opportunities will present themselves and you will be there to take advantage of it.
sr. member
Activity: 2016
Merit: 456
February 07, 2017, 01:36:41 PM
#87
Well, today many people who believe that prices will be higher bitcoin. so I believe that bitcoin prices still have the potential to skyrocket, even that it might happen in the near future, and may occur repeatedly. bitcoin does have a high price, but I think it still has a higher potential again to get a higher price.
sr. member
Activity: 323
Merit: 250
February 07, 2017, 11:03:59 AM
#86
can certainly bitcoin prices will skyrocket, but remained above $ 1,000 but will not touch the price of $ 1500, let alone by 2100 it still took a few more years in the future, bitcoin prices rise and fall depending on the users of his in the deal, because that is the most favorable factor
hero member
Activity: 1834
Merit: 566
February 06, 2017, 07:15:25 PM
#85
Bitcoin,the dominant digital currency is making its way onto the board room agendas of Fortune 500 companies.Against a back drop of currency wars and manipulation,volatility in equity markets, investors need diversification intheir portfolios and Bitcoin might be their asset.Decision taken by UK to leave european union would have made its people to think of investing in bitcoin rather than traditional currencies.In india, due to demonitization,many indians are pushed towards gold, silver and bitcoin.Beyond the market situations,investors all over the world have started to realize that their bitcoin hoard is secured from hackers as all transactions involving Btc are irreversible.So,Bitcoin price will skyrocket.
It good people are moving to bitcoin and almost the samething which happen in india happened in Venezuela. Besides, some people hardly get the money for drugs, some are saying thank you to bitcoin and it sad that bitcoin crackdown is happening there right now since February 3rd due to the Bitcoin exchange Surbitcoin’s banking partner (Banesco) closed the firm’s account and Surbitcoin temporarily put there services on hold.
sr. member
Activity: 454
Merit: 250
February 06, 2017, 05:58:13 AM
#84
I think it is better that the price increase gradually, through a real increase in demand, not through pure manipulation. I think that by the end of the year it will be possible to see Bitcoin in the two thousand dollar range, and many experts think the same, but it is better not to have exaggerated expectations, because things are uncertain in this market.
sr. member
Activity: 350
Merit: 250
February 06, 2017, 05:50:58 AM
#83
Bitcoin,the dominant digital currency is making its way onto the board room agendas of Fortune 500 companies.Against a back drop of currency wars and manipulation,volatility in equity markets, investors need diversification intheir portfolios and Bitcoin might be their asset.Decision taken by UK to leave european union would have made its people to think of investing in bitcoin rather than traditional currencies.In india, due to demonitization,many indians are pushed towards gold, silver and bitcoin.Beyond the market situations,investors all over the world have started to realize that their bitcoin hoard is secured from hackers as all transactions involving Btc are irreversible.So,Bitcoin price will skyrocket.
hero member
Activity: 1834
Merit: 566
February 04, 2017, 03:02:41 AM
#82
The longer Bitcoin stays around with people using it, the stronger and better it's bound to get. The biggest consideration on whether it will skyrocket are adaptability and government along with different industries acceptance. One big news, and the price is bound to skyrocket.
You made a good point mate cos the price of bitcoin lately and I think is due to the news of Satoshipay trying to bring Bitcoin mainstream, President Trump want to be “Bitcoin Friendly" etc.
And one big negative news then bitcoin price will fall down again, don't forget how volatile the price is.
We already have different big industries accepted bitcoin transaction, including Microsoft. But we need more time to spread widely, all the obstacles and problems should be solved but we often constrained by consensus (pro-contra).

But I don't think that will happen pretty soon and if such a thing will happen the price won't go below $1000 cos there's a lot of stuff going on right now, like EY raising awareness about using bitcoin atm at the World Web Forum and online shops owner now believing accepting Bitcoin brings them a whole new customers. So, all this will help stable the price of bitcoin.
legendary
Activity: 2758
Merit: 1004
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February 03, 2017, 12:55:14 PM
#81
the price rise has begun. bitcoin prices will probably stabilize at the price of $ 1,000. I think, this has not stopped for a ride, so I thought, this is probably the right time to see the price of bitcoin back up, and back to skyrocket.
legendary
Activity: 2030
Merit: 1028
February 03, 2017, 12:31:29 PM
#80
As we can see last year 2016 and early 2017 , bitcoin has reach significant value. Meanwhile , on 2019 bitcoin reach another halving and more people interest on bitcoin , ofcourse this will affect bitcoin value up to 5x from current value
hero member
Activity: 1036
Merit: 514
February 03, 2017, 12:24:30 PM
#79
The longer Bitcoin stays around with people using it, the stronger and better it's bound to get. The biggest consideration on whether it will skyrocket are adaptability and government along with different industries acceptance. One big news, and the price is bound to skyrocket.
You made a good point mate cos the price of bitcoin lately and I think is due to the news of Satoshipay trying to bring Bitcoin mainstream, President Trump want to be “Bitcoin Friendly" etc.
And one big negative news then bitcoin price will fall down again, don't forget how volatile the price is.
We already have different big industries accepted bitcoin transaction, including Microsoft. But we need more time to spread widely, all the obstacles and problems should be solved but we often constrained by consensus (pro-contra).
hero member
Activity: 1834
Merit: 566
February 03, 2017, 11:27:50 AM
#78
The longer Bitcoin stays around with people using it, the stronger and better it's bound to get. The biggest consideration on whether it will skyrocket are adaptability and government along with different industries acceptance. One big news, and the price is bound to skyrocket.
You made a good point mate cos the price of bitcoin actually increase lately and I guess is because of the news going around about Satoshipay wanted to bring Bitcoin to mainstream, President Trump want to be “Bitcoin Friendly" etc.
hero member
Activity: 2814
Merit: 618
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February 02, 2017, 10:35:25 AM
#77
Of course the price of bitcoin will skyrocket as we are currently experiencing it right now because it is rising again. All is possible even the prediction of Saxo bank. Not only china has a wide range of network but also the other countries, the value is undependable.

All the countries contribute towards the bitcoin success but its China mainly who is making bitcoin climbing very fast. We can see market cap and price of bitcoin rising very fast these days. I wish all this remain stable and give us the best from bitcoins.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
February 02, 2017, 09:38:10 AM
#76
Of course the price of bitcoin will skyrocket as we are currently experiencing it right now because it is rising again. All is possible even the prediction of Saxo bank. Not only china has a wide range of network but also the other countries, the value is undependable.
Yes, value of bitcoin is always independent to one specific country's policy and regulations. Bitcoin is gaining its value from the demand which is being created by showing its potential as a currency and as an investment opportunity.

So, price of bitcoin has all the possibilities to skyrocket in near future as demand of it will grow over time.


but for now i think the price will played to its stable level since we actually experiencing it right now, and for the skyrocket thing we discuss well surely a high possibilities that it will happen again since the market of bitcoin globaly spreading more and surely we can see more optimum growth when times goes by to this coin,
Price skyrocket will happen anytime as long the adoption will take its place and price movement will surely goes up no matter what and you are right we are now on its stable level but for now we are almost reaching $1k price again and im very glad  we touch it again but expect after there would be a price decrease.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
February 02, 2017, 09:25:50 AM
#75
Of course the price of bitcoin will skyrocket as we are currently experiencing it right now because it is rising again. All is possible even the prediction of Saxo bank. Not only china has a wide range of network but also the other countries, the value is undependable.

yes, although the price at this moment is increasing a bit day by day the price will surely skyrocket all over again . there's still so much time for bitcoin to make it happen again and everything is possible just like what it proves to us last year . anyway I agree with you, China probably has largest network but for sure bitcoin is independent it is not only relying to any country and there are money place that surely also has large bitcoin network not only the china .
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