Crossed 500 USD - Bull Market returns ? - page 3.

silvestar

legendary

Activity: 1134

Merit: 1002

Quote from: BitCoinDream on September 07, 2014, 08:51:34 AM

Quote from: Youghoor on September 06, 2014, 09:06:11 AM

Quote from: ihuntbtc on September 06, 2014, 07:40:46 AM

Cant wait till we hit 2000 and fallling leaves the forum Roll Eyes

that will take some time in order to achieve $2000 trade of bitcoin should be in billion.

At the current price, I'm just thinking of Tim Drapper, who bought per coin @ 900 USD when Bitcoin was at 600 !!!

$900? Is that the winning price in the SR coin auction? Where did you find that price? Huh

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: Youghoor on September 06, 2014, 09:06:11 AM

Quote from: ihuntbtc on September 06, 2014, 07:40:46 AM

Cant wait till we hit 2000 and fallling leaves the forum Roll Eyes

that will take some time in order to achieve $2000 trade of bitcoin should be in billion.

At the current price, I'm just thinking of Tim Drapper, who bought per coin @ 900 USD when Bitcoin was at 600 !!!

Youghoor

sr. member

Activity: 1036

Merit: 275

Quote from: ihuntbtc on September 06, 2014, 07:40:46 AM

Cant wait till we hit 2000 and fallling leaves the forum Roll Eyes

that will take some time in order to achieve $2000 trade of bitcoin should be in billion.

boumalo

legendary

Activity: 1918

Merit: 1018

Quote from: ihuntbtc on September 06, 2014, 07:40:46 AM

Cant wait till we hit 2000 and fallling leaves the forum Roll Eyes

2000 will feel great, the start of a new era, it seems around the corner

ihuntbtc

member

Activity: 70

Merit: 10

Cant wait till we hit 2000 and fallling leaves the forum Roll Eyes

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: Chemistry1988 on September 04, 2014, 03:39:40 PM

Quote from: BitCoinDream on September 04, 2014, 02:56:14 PM

Quote from: 100bitcoin on April 15, 2014, 04:46:31 AM

Waiting for the next peak ? 2000 USD this time ?

Seems it is a good time to launch the new P2P exchange on www.100bit.co.in

The graph here has data till March 29, 2014. Can someone please provide an updated graph in the same scale ?

Ouch, that 2000 USD prediction failed and the pattern on the graph didn't hold true beyond April 2014. Sad

Time to reach that 2000 USD is not yet over. Hold on buddy Wink

Chemistry1988

legendary

Activity: 1120

Merit: 1000

Quote from: BitCoinDream on September 04, 2014, 02:56:14 PM

Quote from: 100bitcoin on April 15, 2014, 04:46:31 AM

Waiting for the next peak ? 2000 USD this time ?

Seems it is a good time to launch the new P2P exchange on www.100bit.co.in

The graph here has data till March 29, 2014. Can someone please provide an updated graph in the same scale ?

Ouch, that 2000 USD prediction failed and the pattern on the graph didn't hold true beyond April 2014. Sad

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: 100bitcoin on April 15, 2014, 04:46:31 AM

Waiting for the next peak ? 2000 USD this time ?

Seems it is a good time to launch the new P2P exchange on www.100bit.co.in

The graph here has data till March 29, 2014. Can someone please provide an updated graph in the same scale ?

Lamigo

hero member

Activity: 571

Merit: 500

Quote from: FarSky7 on August 26, 2014, 07:22:20 PM

Securities in general get a bump in Oct before x-mas.

Isn't it the opposite?

http://www.investopedia.com/terms/o/octobereffect.asp
Definition of 'October Effect'
The theory that stocks tend to decline during the month of October.

http://en.wikipedia.org/wiki/Mark_Twain_effect
In some stock markets, the Mark Twain effect is the phenomenon of stock returns in October being lower than in other months.

FarSky7

member

Activity: 100

Merit: 10

I'm superstitious about October, thats when we had the big bump last year.

Securities in general get a bump in Oct before x-mas.

giveBTCpls

sr. member

Activity: 322

Merit: 250

I see a nice support now at around that area. We shall wait and see to see if we are walking on legit waters or not. I would HODL for sure.

BigMac

legendary

Activity: 896

Merit: 1000

Quote from: apsvinet on August 26, 2014, 10:58:07 AM

Quote from: BigMac on August 26, 2014, 10:52:17 AM

Quote from: apsvinet on August 26, 2014, 10:35:43 AM

Quote from: SunBin on August 26, 2014, 04:00:19 AM

Quote from: Testing123 on August 25, 2014, 12:48:42 PM

Quote from: Zyborg on August 25, 2014, 12:36:20 PM

Quote from: routecrypto on August 25, 2014, 09:27:08 AM

Am I wrong or the bitcoin's value is mostly based by whales actions on the market?

Of course they can affect the price but it's hardly the only determining factor.

Whales have a huge impact on bitcoin price, because the bitcoin market cap is still rather small, compared to the stock and forex market.

Not as much as it used to be. It will cost them more than 500k to just move $5 on one exchange. We have more than 4-5 major exchanges all over the world supported by bitcoin users of the regions.

So, unless all the whales all over the world coordinate their selling at the same time, we will not see another mtgox meltdown taking bitcoin price down with it.

Don't see a problem with another huge price drop, it'll correct itself
as soon as people start buying in hopes of getting rich quickly.

But the kind of price instability may make businesses more hesitate to take bitcoin payments, which isn't a good thing for bitcoin development.

Volatility is part of the system.
Anyone investing into bitcoins should at least be enough educated in the subject to know that.

Very true for investors.

But if I open a business and plan to accept bitcoin payment directly (not using bitpay or coinbase to sell the bitcoin immediately), I won't enjoy seeing the price volatility.

apsvinet

full member

Activity: 224

Merit: 101

Quote from: BigMac on August 26, 2014, 10:52:17 AM

Quote from: apsvinet on August 26, 2014, 10:35:43 AM

Quote from: SunBin on August 26, 2014, 04:00:19 AM

Quote from: Testing123 on August 25, 2014, 12:48:42 PM

Quote from: Zyborg on August 25, 2014, 12:36:20 PM

Quote from: routecrypto on August 25, 2014, 09:27:08 AM

Am I wrong or the bitcoin's value is mostly based by whales actions on the market?

Of course they can affect the price but it's hardly the only determining factor.

Whales have a huge impact on bitcoin price, because the bitcoin market cap is still rather small, compared to the stock and forex market.

Not as much as it used to be. It will cost them more than 500k to just move $5 on one exchange. We have more than 4-5 major exchanges all over the world supported by bitcoin users of the regions.

So, unless all the whales all over the world coordinate their selling at the same time, we will not see another mtgox meltdown taking bitcoin price down with it.

Don't see a problem with another huge price drop, it'll correct itself
as soon as people start buying in hopes of getting rich quickly.

But the kind of price instability may make businesses more hesitate to take bitcoin payments, which isn't a good thing for bitcoin development.

Volatility is part of the system.
Anyone investing into bitcoins should at least be enough educated in the subject to know that.

BigMac

legendary

Activity: 896

Merit: 1000

Quote from: apsvinet on August 26, 2014, 10:35:43 AM

Quote from: SunBin on August 26, 2014, 04:00:19 AM

Quote from: Testing123 on August 25, 2014, 12:48:42 PM

Quote from: Zyborg on August 25, 2014, 12:36:20 PM

Quote from: routecrypto on August 25, 2014, 09:27:08 AM

Am I wrong or the bitcoin's value is mostly based by whales actions on the market?

Of course they can affect the price but it's hardly the only determining factor.

Whales have a huge impact on bitcoin price, because the bitcoin market cap is still rather small, compared to the stock and forex market.

Not as much as it used to be. It will cost them more than 500k to just move $5 on one exchange. We have more than 4-5 major exchanges all over the world supported by bitcoin users of the regions.

So, unless all the whales all over the world coordinate their selling at the same time, we will not see another mtgox meltdown taking bitcoin price down with it.

Don't see a problem with another huge price drop, it'll correct itself
as soon as people start buying in hopes of getting rich quickly.

But the kind of price instability may make businesses more hesitate to take bitcoin payments, which isn't a good thing for bitcoin development.

apsvinet

full member

Activity: 224

Merit: 101

Quote from: SunBin on August 26, 2014, 04:00:19 AM

Quote from: Testing123 on August 25, 2014, 12:48:42 PM

Quote from: Zyborg on August 25, 2014, 12:36:20 PM

Quote from: routecrypto on August 25, 2014, 09:27:08 AM

Am I wrong or the bitcoin's value is mostly based by whales actions on the market?

Of course they can affect the price but it's hardly the only determining factor.

Whales have a huge impact on bitcoin price, because the bitcoin market cap is still rather small, compared to the stock and forex market.

Not as much as it used to be. It will cost them more than 500k to just move $5 on one exchange. We have more than 4-5 major exchanges all over the world supported by bitcoin users of the regions.

So, unless all the whales all over the world coordinate their selling at the same time, we will not see another mtgox meltdown taking bitcoin price down with it.

Don't see a problem with another huge price drop, it'll correct itself
as soon as people start buying in hopes of getting rich quickly.

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

I guess right now we're in a declining triangle again and need to break out upwards in order to get the bull-market going again. I guess the resistance is at about $530 approximately. Quite a big initial resistance at $515-$520, though...

SunBin

full member

Activity: 151

Merit: 100

Quote from: Testing123 on August 25, 2014, 12:48:42 PM

Quote from: Zyborg on August 25, 2014, 12:36:20 PM

Quote from: routecrypto on August 25, 2014, 09:27:08 AM

Am I wrong or the bitcoin's value is mostly based by whales actions on the market?

Of course they can affect the price but it's hardly the only determining factor.

Whales have a huge impact on bitcoin price, because the bitcoin market cap is still rather small, compared to the stock and forex market.

Not as much as it used to be. It will cost them more than 500k to just move $5 on one exchange. We have more than 4-5 major exchanges all over the world supported by bitcoin users of the regions.

So, unless all the whales all over the world coordinate their selling at the same time, we will not see another mtgox meltdown taking bitcoin price down with it.

apsvinet

full member

Activity: 224

Merit: 101

Quote from: Testing123 on August 25, 2014, 12:48:42 PM

Quote from: Zyborg on August 25, 2014, 12:36:20 PM

Quote from: routecrypto on August 25, 2014, 09:27:08 AM

Am I wrong or the bitcoin's value is mostly based by whales actions on the market?

Of course they can affect the price but it's hardly the only determining factor.

Whales have a huge impact on bitcoin price, because the bitcoin market cap is still rather small, compared to the stock and forex market.

They are only determining the month to month price however, and even if they dump out huge amounts the price always stabilizes after a while.

Testing123

hero member

Activity: 561

Merit: 500

Quote from: Zyborg on August 25, 2014, 12:36:20 PM

Quote from: routecrypto on August 25, 2014, 09:27:08 AM

Am I wrong or the bitcoin's value is mostly based by whales actions on the market?

Of course they can affect the price but it's hardly the only determining factor.

Whales have a huge impact on bitcoin price, because the bitcoin market cap is still rather small, compared to the stock and forex market.

Testing123

hero member

Activity: 561

Merit: 500

Quote from: bitkanu on August 24, 2014, 10:40:51 PM

Quote from: nizamcc on August 24, 2014, 09:39:08 AM

i think it will raise to 2k$ this year

It's not possible ! if it will happen to BTC it is again too much growth in BTC like last year. I am sure this year BTC price will rise to maximum $1200 for each BTC not more then it

if it will happen it is genuine growth in BTC we all will enjoy it for long term

Nothing is impossible.
If there are some big good news, investments from the wall street, or a new willy bot on a big exchange, the bitcoin price can go up very rapidly.

Topic: Crossed 500 USD - Bull Market returns ? - page 3. (Read 22547 times)