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Topic: Is this the next big run-up in price? (Read 5127 times)

newbie
Activity: 42
Merit: 0
October 30, 2015, 12:22:04 PM
#83
The catalyst for next rise could be reaching the consensus of block chain size. The argument was the cause of last drop.
legendary
Activity: 1246
Merit: 1000
October 27, 2015, 09:01:36 PM
#82

I was referring more to the by December thing. I think $10,000 requires some answers to present issues that haven't been satisfactorily addressed such as scalability but then again humans aren't the most patient or rational creatures.

Scaling will happen when the demand is there IMO. The Chinese farms may play hardball now but if they see their whole operations at risk of tanking overnight because the number of transactions are rising rapidly, they will concede rather than losing it all.

It is sort of like how telecoms had to be dragged kicking and screaming to upgrade their fiber optic cables with the rise of broadband, it's either evolve or die.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
October 27, 2015, 08:37:27 PM
#81

I have owned some of by bitcoin for nearly 3 years now.
$10,000 is a conservative estimate for the next potential bubble peak.  $100,000 is a distinct possibility  There is alot of money in the world today (many trillions of dollars), and it doesn't take more than a tipping point of a snowflake causing an avalanche for confidence in fiat currency to evaporate and pile into gold and bitcoin, quicker than a blink of an eye.

I was referring more to the by December thing. I think $10,000 requires some answers to present issues that haven't been satisfactorily addressed such as scalability but then again humans aren't the most patient or rational creatures.
member
Activity: 232
Merit: 29
October 27, 2015, 08:32:35 PM
#80

Are you retarded?


Mildly concussed. $10,000 is nappy and full time carer territory.
I have owned some of by bitcoin for nearly 3 years now.
$10,000 is a conservative estimate for the next potential bubble peak.  $100,000 is a distinct possibility  There is alot of money in the world today (many trillions of dollars), and it doesn't take more than a tipping point of a snowflake causing an avalanche for confidence in fiat currency to evaporate and pile into gold and bitcoin, quicker than a blink of an eye.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
October 27, 2015, 07:59:21 PM
#79

Are you retarded?


Mildly concussed. $10,000 is nappy and full time carer territory.
legendary
Activity: 1330
Merit: 1000
dafar consulting
October 27, 2015, 07:56:17 PM
#78
You didn't see that last run up coming either.  Could this be the start of the new price run-up?  Any guess as to the peak this time? 

Previous peaks: April 2013: $140; Nov 11, 2013 $1200

I think it is by Dec. the price will probably reach up to $5000.

Are you retarded?
member
Activity: 232
Merit: 29
October 27, 2015, 07:39:31 PM
#77
Somehow I feel this is not just ordinary pump and dump. We might go over $1k again. Also, this time BTC s spread over way more people so a couple of guys cannon dump and affect the market.

Yes. This time there is no quick pump. Whales are accumulating slowly without disturbing the price too much. So this time the price rise could be huge. Easily over $1k.
easily over $10k
legendary
Activity: 2338
Merit: 2106
October 27, 2015, 06:31:59 PM
#76
You didn't see that last run up coming either.  Could this be the start of the new price run-up?  Any guess as to the peak this time? 

Previous peaks: April 2013: $140; Nov 11, 2013 $1200




where did you get those figures?

on stamp it was 260$ in april 2013 and 1136$ was hit at the very end of november.


indeed, i did not see the last one coming. this is not "the next big one" right now. it will start in late spring 2016 and will reach 4-5 k $



newbie
Activity: 42
Merit: 0
October 27, 2015, 01:26:58 PM
#75
Somehow I feel this is not just ordinary pump and dump. We might go over $1k again. Also, this time BTC s spread over way more people so a couple of guys cannon dump and affect the market.

Yes. This time there is no quick pump. Whales are accumulating slowly without disturbing the price too much. So this time the price rise could be huge. Easily over $1k.
legendary
Activity: 4690
Merit: 1276
October 25, 2015, 10:27:06 AM
#74
The next run-up wil be after the block size fix, during that time we will see a drop to ~$200-$250.

Dont buy now, just wait 2-3 months.

Subordinate chains (sidechains in this instance) have fixed the scaling problems and improved a lot of other weaknesses in the process.  Simplistic blocksize increases would have ensured subversion and eventual destruction of Bitcoin so the development and acceptance of sidechain, at least as a proof-of-concept, has renewed a dormant sense of confidence in Bitcoin in my mind.  By the looks of the charts I'm not alone.

If we follow the patterns of earlier years, I would anticipate a rather long period of time when the price increases slowly (in Bitcoin terms) followed by a spike.  The long steady increase ensures that people who are trying to jump in and out are separated from their BTC.  If this was an accident of a design I've never known with any certainty.

legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
October 25, 2015, 09:16:49 AM
#73
Somehow I feel this is not just ordinary pump and dump. We might go over $1k again. Also, this time BTC s spread over way more people so a couple of guys cannon dump and affect the market.
newbie
Activity: 42
Merit: 0
October 25, 2015, 04:52:05 AM
#72
The next run-up wil be after the block size fix, during that time we will see a drop to ~$200-$250.

Dont buy now, just wait 2-3 months.

The price rise has just started. Hold your coin tight. If you need money, it is better not to sell the bitcoin in exchanges, but use it.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 22, 2015, 07:24:50 AM
#71
Well we keep rising! We are on the verge of breaking $280. What happened to all those people that claimed last few days that we will be dropping hard to $250 again?

This smells more and more as a begging of the next run!

Well it is hard to say really, but I have a good feeling about this. It feels like 2012, really, for how many times I posted this thought. I just hope that this marks another bull market.
legendary
Activity: 3512
Merit: 4557
October 22, 2015, 07:10:36 AM
#70
The next run-up wil be after the block size fix, during that time we will see a drop to ~$200-$250.

Dont buy now, just wait 2-3 months.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 22, 2015, 07:00:57 AM
#69
Well we keep rising! We are on the verge of breaking $280. What happened to all those people that claimed last few days that we will be dropping hard to $250 again?

This smells more and more as a begging of the next run!
newbie
Activity: 42
Merit: 0
October 22, 2015, 04:36:39 AM
#68
I think the coin's price before this year ends will be $50000.
https://i.imgur.com/5wzUdWe.png

NO way the price will be over $1000 let alone $50000. $50k might be in 20 years.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
October 22, 2015, 01:15:41 AM
#67
It seems to be a pausing period here
If it runs up any higher it will be sooner than later.
sr. member
Activity: 289
Merit: 252
bagholder since 2013
October 22, 2015, 12:50:49 AM
#66
I think the coin's price before this year ends will be $50000.

Sold your account?
sr. member
Activity: 392
Merit: 250
October 22, 2015, 12:15:29 AM
#65
I think the coin's price before this year ends will be $50000.
full member
Activity: 167
Merit: 100
October 21, 2015, 10:32:00 PM
#64
You didn't see that last run up coming either.  Could this be the start of the new price run-up?  Any guess as to the peak this time? 

Previous peaks: April 2013: $140; Nov 11, 2013 $1200

I think the coin's price before this year ends will be $5000.
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