Is this the next big run-up in price? - page 3.

Lucius

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Quote from: Amph on October 20, 2015, 09:00:23 AM

Quote from: RyanLZ on October 19, 2015, 03:38:25 AM

10% up/down in a week is nothing in bitcoin world.

such a % of tollerance, could be a problem when bitcoin reach 10k for example

you could be rich just by doing few minutes of day trading, because at +-10% veriance there is a gain of 1k every time, pretty crazy

I like the idea, to work just a few minutes a day and earn $ 30K a month Cheesy

Wolf Rainer

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Quote from: LiteCoinGuy on October 16, 2015, 12:12:58 PM

ahhh bitcoin price threads....

i know what will happen when we hit 190 USD again Grin

So you don´t trust in satoshi. Grin

LMGTFY

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Quote from: Amph on October 20, 2015, 09:00:23 AM

Quote from: RyanLZ on October 19, 2015, 03:38:25 AM

10% up/down in a week is nothing in bitcoin world.

such a % of tollerance, could be a problem when bitcoin reach 10k for example

you could be rich just by doing few minutes of day trading, because at +-10% veriance there is a gain of 1k every time, pretty crazy

That's true right now. If you spend $10000 on BTC right now, and the price goes up 10%, you make $1000. The only difference is the amount of BTC you hold in between investing your $10000 and selling your BTC - in the "right" now example you temporarily hold 10 BTC and in the "BTC worth $10k" example you only hold 1 BTC.

Amph

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Quote from: RyanLZ on October 19, 2015, 03:38:25 AM

10% up/down in a week is nothing in bitcoin world.

such a % of tollerance, could be a problem when bitcoin reach 10k for example

you could be rich just by doing few minutes of day trading, because at +-10% veriance there is a gain of 1k every time, pretty crazy

pitham1

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Quote from: RyanLZ on October 19, 2015, 03:38:25 AM

10% up/down in a week is nothing in bitcoin world.

In the Bitcoin world, it is no big deal.
However, if you are a real world shopkeeper, you would be afraid of pricing your goods in Bitcoin (unless you have a payment processor like Bitpay).
We are still under the hold of speculators.

Pab

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I dont think so,nw it is diffrent time,the previous big pump came whan Chinise big companys like Alibababa started to accept btc,

.But there is many smaller bigger good news about btc,so i think will grow,better if grow slow,fast pump only create massive dump,there is very good like it is now

dothebeats

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Quote from: 1Referee on October 19, 2015, 04:56:56 AM

Quote from: RyanLZ on October 19, 2015, 03:38:25 AM

10% up/down in a week is nothing in bitcoin world.

People were eagerly waiting for this to happen after a long period of the price barely making moves. The price swings of 20-30% will only show up with bad news or a while before the halving. That's why I consider a 10% advance as a nice step forward.

We'll probably see more swings before the halving. To those who entered and bought a bunch at $200 are lucky for this run-up now (like me).

Quote from: Denker on October 19, 2015, 04:09:41 AM

Quote from: RyanLZ on October 19, 2015, 03:38:25 AM

10% up/down in a week is nothing in bitcoin world.

Yes compared to the wild swings of the past you're right.But I myself don't need this kind of super crazy rollercoaster anymore.To get some serious money into game some stability is needed.And this year volatility is really "low".

Agreed, compared to the wild swings in the past? This means nothing, and you're right, this isn't the same old rollercoaster kind of ride anymore as we seem to achieve stability even though there are some price swings of a several %.

1Referee

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Quote from: RyanLZ on October 19, 2015, 03:38:25 AM

10% up/down in a week is nothing in bitcoin world.

People were eagerly waiting for this to happen after a long period of the price barely making moves. The price swings of 20-30% will only show up with bad news or a while before the halving. That's why I consider a 10% advance as a nice step forward.

Denker

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Quote from: RyanLZ on October 19, 2015, 03:38:25 AM

10% up/down in a week is nothing in bitcoin world.

Yes compared to the wild swings of the past you're right.But I myself don't need this kind of super crazy rollercoaster anymore.To get some serious money into game some stability is needed.And this year volatility is really "low".

RyanLZ

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10% up/down in a week is nothing in bitcoin world.

randy8777

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Quote from: jaberwock on October 18, 2015, 10:42:30 AM

Price touching the lower 260 again.

I think the run-up has been canceled before the 300 level. Again

people as always get excited too quickly. once they see the price is going up they think it will break $300 or even $400 this month.

gentlemand

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Quote from: solid12345 on October 18, 2015, 01:45:12 PM

5 years is just way too long IMO, Bitcoin is now almost a decade old and still having a hard time breaking into the mainstream, what people don't get is that the longer Bitcoin drags in penny stock territory the more it becomes viewed as a fad. When you consider how fast companies like Google, FB or Twitter grew it makes Bitcoin look like a stunted child, you can only beat a dead horse so long.

That comparison is quite the stretch. Nobody had to risk anything financially or go through a learning process to use any of those sites. They just magically appeared one day to enhance your life and all for free.

I agree that the window for breaking through is finite. If it doesn't catch on then people will slowly fall away until there's only a tiny hard core left.

NorrisK

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Quote from: rich93 on October 18, 2015, 02:36:05 PM

There are reports of a Russian Ponzi scheme that's responsible for pumping the price by getting people in Asia to invest based on the promise of 20% returns. People are now reporting they cannot withdraw the money they deposited. If the Ponzi scammers dump it will crash the price heavily. The Chinese Litecoin Ponzi crashed the price heavily when the scammers dumped, and this Bitcoin Ponzi sounds similar.

https://bitcointalksearch.org/topic/mmm-global-republic-of-btc-sergei-mavrodi-ponzi-scheme-stay-away-1211947

Atleast the litcoin price ended up two times higher than before the scheme started.

If bitcoin manages to maintain half of its profits, it is already a nice result. Many people have started buying due to the price rise, probably more than that will be dumped.

rich93

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There are reports of a Russian Ponzi scheme that's responsible for pumping the price by getting people in Asia to invest based on the promise of 20% returns. People are now reporting they cannot withdraw the money they deposited. If the Ponzi scammers dump it will crash the price heavily. The Chinese Litecoin Ponzi crashed the price heavily when the scammers dumped, and this Bitcoin Ponzi sounds similar.

https://bitcointalksearch.org/topic/mmm-global-republic-of-btc-sergei-mavrodi-ponzi-scheme-stay-away-1211947

Dacm4n

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Quote from: solid12345 on October 18, 2015, 01:45:12 PM

Quote from: RyanLZ on October 18, 2015, 10:22:59 AM

A new ATH might happen in the next 5 years.

5 years is just way too long IMO, Bitcoin is now almost a decade old and still having a hard time breaking into the mainstream, what people don't get is that the longer Bitcoin drags in penny stock territory the more it becomes viewed as a fad. When you consider how fast companies like Google, FB or Twitter grew it makes Bitcoin look like a stunted child, you can only beat a dead horse so long.

Whales better try and move this thing soon or risk crypto fading into memory.

It's still not the easiest to use for the average person. The hacks and stolen funds also keep the people we need away.

solid12345

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Quote from: RyanLZ on October 18, 2015, 10:22:59 AM

A new ATH might happen in the next 5 years.

5 years is just way too long IMO, Bitcoin is now almost a decade old and still having a hard time breaking into the mainstream, what people don't get is that the longer Bitcoin drags in penny stock territory the more it becomes viewed as a fad. When you consider how fast companies like Google, FB or Twitter grew it makes Bitcoin look like a stunted child, you can only beat a dead horse so long.

Whales better try and move this thing soon or risk crypto fading into memory.

jaberwock

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Price touching the lower 260 again.

I think the run-up has been canceled before the 300 level. Again

RyanLZ

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Quote from: pitham1 on October 18, 2015, 07:44:12 AM

Quote from: zimmah on October 17, 2015, 05:27:21 AM

Quote from: DGulari on October 16, 2015, 11:07:08 AM

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 am hoping that the price drops for a bit before really taking off.

I think if the price really does take off, we'll see at least $5000.

but i doubt it will go straight there from here without going down a bit first.

Doesn't matter if we see fresh lows.
Any new ATH would really cheer the long term holders

A new ATH might happen in the next 5 years. It depends on the adoption of bitcoin and the bitcoin infrastructure.

pitham1

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Quote from: zimmah on October 17, 2015, 05:27:21 AM

Quote from: DGulari on October 16, 2015, 11:07:08 AM

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 am hoping that the price drops for a bit before really taking off.

I think if the price really does take off, we'll see at least $5000.

but i doubt it will go straight there from here without going down a bit first.

Doesn't matter if we see fresh lows.
Any new ATH would really cheer the long term holders

jeffthebaker

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Quote from: Kprawn on October 16, 2015, 11:46:07 AM

I want to think of this as the push in the right direction.. We saw Gemini launched and some new capital being injected and G2A.COM accepting Bitcoin, and I think this might have

bumped the price a little. We also have not seen any major scandals or scams while this has been going on, so the price could climb a little. I predict a steady climb to $300 and

then a slow decline to $260 again. The $300 level is just psychological price break for people who came in at $250 and are looking to speculate and take a quick profit. Roll Eyes

http://data.bitcoinity.org/markets/volume/30d/USD/gemini?t=bar

Yeah, I'm thinking the same thing. People historically have loved to sell at the $300 mark, and the last few times the prices ran up to 300+, we saw it drop right back down to levels before the incline. Hopefully the trend can continue past $300, and if it does hold strong at that level I expect that it could continue up for quite some time.

Topic: Is this the next big run-up in price? - page 3. (Read 5127 times)