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Topic: Five digits - page 10. (Read 12267 times)

hero member
Activity: 896
Merit: 1000
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November 07, 2015, 01:50:17 PM
#25
We should think about what the resistance point is gonna be before speculating it's rise to five digits. It couldn't even hold at $400 for a full day. Currently trading st 388.

Actually it held up rather well, given the fact that it rose at an insane rate (percentage wise), and there was not really enough time for support to build up at those prices.
The very fact that we are leveled just under 400$ shows that this probably will continue to move forward. However, five digits is still far away for sure.

Yeah i won't see a 5 digit price the coming years.

Perhaps a low 2k at the end of 2016. For now i am happy we left the 200USD zone, btc is way undervalued there.
hero member
Activity: 700
Merit: 501
November 07, 2015, 01:26:21 PM
#24
We should think about what the resistance point is gonna be before speculating it's rise to five digits. It couldn't even hold at $400 for a full day. Currently trading st 388.

My vision is more about medium term, not daily fluctuations.

The rally has started, before 2016 we'll see if it gets momentum or not.

The vibe in the air is very bullish, all the doubters will get obliterated in the midst of the next halving because all of them will get sucked in by FOMO once the rally starts for real.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
November 07, 2015, 12:29:33 PM
#23
We should think about what the resistance point is gonna be before speculating it's rise to five digits. It couldn't even hold at $400 for a full day. Currently trading st 388.

Actually it held up rather well, given the fact that it rose at an insane rate (percentage wise), and there was not really enough time for support to build up at those prices.
The very fact that we are leveled just under 400$ shows that this probably will continue to move forward. However, five digits is still far away for sure.
legendary
Activity: 1666
Merit: 1205
November 07, 2015, 11:58:18 AM
#22
We should think about what the resistance point is gonna be before speculating it's rise to five digits. It couldn't even hold at $400 for a full day. Currently trading st 388.

My vision is more about medium term, not daily fluctuations.

The rally has started, before 2016 we'll see if it gets momentum or not.
hero member
Activity: 847
Merit: 500
November 04, 2015, 07:07:18 PM
#21
We should think about what the resistance point is gonna be before speculating it's rise to five digits. It couldn't even hold at $400 for a full day. Currently trading st 388.
legendary
Activity: 1106
Merit: 1005
November 04, 2015, 07:05:30 PM
#20
exactly, i think this is just one of those shakes to shake out weak hands


no free rides on the bitcoin train
legendary
Activity: 1946
Merit: 1007
November 04, 2015, 06:26:49 PM
#19
Nope we didn't or aren't going to make those 5 digits.

Poor panic buyers. Reality is coming down on them quite hard right now.

the denial is strong in this one

I knew he would be back as soon as the price drops more than 50 USD or so.

He comfortable ignores that price is still double that of a few weeks ago and that he predicted sub 200 there at the same time..
legendary
Activity: 1106
Merit: 1005
November 04, 2015, 05:56:40 PM
#18
Nope we didn't or aren't going to make those 5 digits.

Poor panic buyers. Reality is coming down on them quite hard right now.

the denial is strong in this one
legendary
Activity: 2268
Merit: 1041
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November 04, 2015, 03:37:32 PM
#17
so keep holding. my 0.06 btc will somehow turn more Smiley
legendary
Activity: 1260
Merit: 1000
November 04, 2015, 03:31:59 PM
#16
Nope we didn't or aren't going to make those 5 digits.

Poor panic buyers. Reality is coming down on them quite hard right now.

^By far the biggest child on the forum constantly spamming lies and FUD to try and make his short position work.  Just going to post this picture any time this scumbag posts.  He shorted all year and made a little bit of money then lost BIG when it went up, yet he still continues to spam the forum with garbage every day saying "coin die now sell everyting"



So how you doing with those short losses?
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
November 04, 2015, 03:29:44 PM
#15
This what's happening right now is not a bubble really. When it went from 100 to 1200 - that was a bubble. I'm not saying that the price won't correct itself
just that these prices were expected long time ago, and now with all the news, it was just a matter of time.
Five digits within a few years is not too optimistic, it seams pretty realistic for me.
legendary
Activity: 896
Merit: 1000
November 04, 2015, 03:26:23 PM
#14
1k won't happen, not before halving at least. People will panic a and sell whenever we will be close to $500.
I see many people already selling, because they are content with this price compared to stagnant price we had for over six months.

it's normal that a lot people are selling around these price levels. they most likely made a decent enough profit to not let greed take them over. profit is profit.
legendary
Activity: 1134
Merit: 1112
November 04, 2015, 03:21:11 PM
#13
Sigh.

I doubt we'll see 5 digits. Maybe we'll go into 4 digits, though if we do we'll probably drop back out of it as it will most likely be due to a bubble. But 5 digits is just insane to suggest, I actually would be quite worried by seeing a price that high.

I think maybe you just lack a bit of optimism

Nah, no chance. We're having a bit of trouble hitting even $300 right now, I highly doubt we will hit $500 next month. If we do, it signals a really unsustainable bubble and I would be worried about it either way. Like I said, we need sustainable growth, not a ridiculous bubble that will quickly pop.

The people who say that those who call out bubbles lack optimism are usually either cryptoanarchists or have no actual knowledge of how this stuff usually works.

We have seen bubbles all throughout bitcoin's history, especially with new all-time highs. Corrections are a matter of life. You would not say the same thing about the stock market.
legendary
Activity: 1666
Merit: 1205
November 04, 2015, 03:13:35 PM
#12
After this "bubble" I predict btc price to crash and stabilize around 1k usd, with many people calling btc dead and selling their coins, for another re-distribution round.

I doubt many people would be calling BTC dead if it crashed and stabilized at around $1000.

Really?
When it crashed from 1250 and stabilized around 200/300, 2x times the peak of the previous bubble, seemed like a lot of people did it.
sr. member
Activity: 369
Merit: 250
November 04, 2015, 03:09:44 PM
#11
After this "bubble" I predict btc price to crash and stabilize around 1k usd, with many people calling btc dead and selling their coins, for another re-distribution round.

I doubt many people would be calling BTC dead if it crashed and stabilized at around $1000.
legendary
Activity: 1610
Merit: 1183
November 04, 2015, 03:01:24 PM
#10
The only way for Bitcoin is to go to 5 figures eventually. The limited supply dictates that price as the demand increases. It only take a couple whales fearing their capital controls on their countries to drive the price at such level. Of course we have the usual FUDsters in this thread where they would call insane anyone that claimed $500 before 2016. Those short termed idiots will be shaken with the ups and downs. For some reason morons don't understand 5 billion is shit nothing compared to the average venture out there.
legendary
Activity: 1666
Merit: 1205
November 04, 2015, 03:00:17 PM
#9
500 seemed impossible just a few days ago, now think about something that, like now, seems impossible. Think about btc in 2011 and where we are now.

4 digits seems not so unlikely, I claim that the limit is actually beyond our imagination Smiley
hero member
Activity: 644
Merit: 504
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November 04, 2015, 02:55:03 PM
#8
Sigh.

I doubt we'll see 5 digits. Maybe we'll go into 4 digits, though if we do we'll probably drop back out of it as it will most likely be due to a bubble. But 5 digits is just insane to suggest, I actually would be quite worried by seeing a price that high.

I think maybe you just lack a bit of optimism

Nah, no chance. We're having a bit of trouble hitting even $300 right now, I highly doubt we will hit $500 next month. If we do, it signals a really unsustainable bubble and I would be worried about it either way. Like I said, we need sustainable growth, not a ridiculous bubble that will quickly pop.
hero member
Activity: 518
Merit: 501
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November 04, 2015, 02:41:35 PM
#7
How can we reach 5 digits if people cannot hold when the price is $500?

I think the max we can reach at this time is $1000. (MAX)

5 digit seems impossible until Bill Gates exchanges all his fiat for Bitcoins Smiley
legendary
Activity: 1134
Merit: 1112
November 04, 2015, 02:36:12 PM
#6
Sigh.

I doubt we'll see 5 digits. Maybe we'll go into 4 digits, though if we do we'll probably drop back out of it as it will most likely be due to a bubble. But 5 digits is just insane to suggest, I actually would be quite worried by seeing a price that high.
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