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Topic: It took only 11 days to go from 639 to 1148 last time - page 3. (Read 6472 times)

full member
Activity: 336
Merit: 100
yeah ,  i have made mistake by sold my btc , because the price of bitcoin in USD doller rise about $26/btc rate .
so i will also suggest to everyone that they should not sell the bitcoin , because the price going to touch the price above of $1k/btc .
sr. member
Activity: 392
Merit: 250
Yup. Getting close to the point when we should just use "Bitcoin" to refer to the protocol or type of currency but "bits" as the currency. Okay to call it "bitcoin" for a couple of more months, though.  Wink
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
I love how people are referencing to that mythical ATH Cheesy ! I prefer a 0,01$ increase every day than big bounces. That's better for you to accumulate Grin !

You should accumulate at a faster pace
Btc up 3.13% since yesterday and I expect another 3% by next week

1 whale buying in could easily move the price 10 or 20% or maybe even more....
If the Etf's launch, wall Street money could triple the price in day  of a few fund managers put in 0.1%...

Get them while they are still under 1000 is my advice because when the whales move in it will be too late for normal people to afford whole bitcoins....
sr. member
Activity: 441
Merit: 250
I love how people are referencing to that mythical ATH Cheesy ! I prefer a 0,01$ increase every day than big bounces. That's better for you to accumulate Grin !
legendary
Activity: 3094
Merit: 1127
Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.

I was dreaming of much higher prices than we are currently seeing.

There are vast untapped markets in emerging economies... Africa, India, etc.
We just need a fraction of them to adopt Bitcoin and the price will go through the roof.

since that kind of adoption is not going to happen over night , that kind of "through the roof" rise will also never happen over night.
it takes time and this would probably take a year at least.

Thats the  main thing   which  really affects the  bitcoins  price which is   its  adoption and  as  you mentioned  its  doesnt  happen overnight and would really takes time. Bitcoins  price  on   gradual movement would  be better for  me  compared  on those  hard  pumps  which  usually  ends  up  on a hard dump.  Situation on bitcoins  price on  previous  years  would  not be  the same  on  upcoming years  because  as we all know  adoption  is here and   movements  would be expected  to  be different at all.
legendary
Activity: 3472
Merit: 10611
Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.

I was dreaming of much higher prices than we are currently seeing.

There are vast untapped markets in emerging economies... Africa, India, etc.
We just need a fraction of them to adopt Bitcoin and the price will go through the roof.

since that kind of adoption is not going to happen over night , that kind of "through the roof" rise will also never happen over night.
it takes time and this would probably take a year at least.
legendary
Activity: 1232
Merit: 1000
Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.

I was dreaming of much higher prices than we are currently seeing.

There are vast untapped markets in emerging economies... Africa, India, etc.
We just need a fraction of them to adopt Bitcoin and the price will go through the roof.
legendary
Activity: 1120
Merit: 1008
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Yeah, these were amazing days! I feel very soon we are waiting the repetition of these events.
It is hard now to see such huge pump like before because lots of new players are in trading market swinging price almost everyday for nice quick profit. There need atleast few big events for bitcoin so that new fiat can flow into bitcoin marketcap, and current buying support seems to be coming from china due to devaluation of their currency.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.

I was dreaming of much higher prices than we are currently seeing.

i think that 90% of forum users here are expect the same after halving but nothing happen
that we need something desperate that is also true but i dont think we can hit 1000 this year not now or in two week or by end of year
dont see anything that will help boost the price up only still small spikes now and then but they dont mean anything
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.

I was dreaming of much higher prices than we are currently seeing.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
-snip-
Before you are thinking about selling, think twice. Bitcoin can pump insanely high since the marketcap is really small and it can potentially go to 100.000+ per coin long term, so 600 to 1000 is absolutely nothing.

The next months will be fun.
History won't repeat that easily. We are in a different setup, with different volumes involved at the moment. By different setup I mean, there is no more Wally, and there are some more exchanges so the volume is not so concentrated in one spot, it is more spread. Secondly, revisiting some price level costs usually much more volume than at the very first time. We have now much more Bitcoins circulating, as back then in 2013, and I don't see new fiat money coming to bitcoin that easily as three years ago to push it to the ath.
hero member
Activity: 854
Merit: 1000
Yeah, these were amazing days! I feel very soon we are waiting the repetition of these events.
sr. member
Activity: 266
Merit: 250
Back in the days it was way easier, its now also stabler than ever due to that I do not think that 11 days is possible.
It would not take weeks to accomplish this in a good time.
legendary
Activity: 1232
Merit: 1091
If I remember correctly, the last time the price went over $1100, it was pump that was possibly a bot error on mtgox. In other words, it wasn't real. It was sort of a fluke. If it went that high that fast again, I think we should expect it to also be a fluke and the price will come back down.

It was not a bot error. It was pure manipulation in benefit of the operator from MtGox himself. He had like 100,000 BTC, so what's easier to make himself filthy rich than manipulating the price higher and higher with his very own exchange? Wink But unfortunately greed took over as he clearly wasn't satisfied with "just" 100,000 BTC. Filthy scammer that he is. He didn't only ruin thousands of people, but also left a scar on Bitcoin's image.
legendary
Activity: 3122
Merit: 1140
Lets hope we will achieve such an nice amount again, I do not see it happen fast but it would be nice if we see it happen.
I think that its possible in the future and maybe even faster.

We are hoping the same thing  too, not only us  but all of  bitcoin users would  love to see those  prices again  or even more. It would  really not happen  in a fast way because  adoption  is the main issue  here. If bitcoins adoption would rapidly increase then  as  expected the price would increase too.
sr. member
Activity: 344
Merit: 250
Lets hope we will achieve such an nice amount again, I do not see it happen fast but it would be nice if we see it happen.
I think that its possible in the future and maybe even faster.
sr. member
Activity: 434
Merit: 250
Its obviously much easier to grow small number than a high one when you are talking about money.
That's why everyone tries to invest at a coin during startup/ ICO.
You have a much better chance of a coin doubling from $0.01 to $0.02 than $10.00 to $20.00
sr. member
Activity: 364
Merit: 254
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If I remember correctly, the last time the price went over $1100, it was pump that was possibly a bot error on mtgox. In other words, it wasn't real. It was sort of a fluke. If it went that high that fast again, I think we should expect it to also be a fluke and the price will come back down.
legendary
Activity: 1526
Merit: 1001
From the screenshot above it took only 9 days in fact to go from $639 to $1,148, it was really a hard pump which worked well but that didn't lasted long. I wouldn't be so sure that the price can go to 100.000+ easily because going to 1k is not easy so for 100k isn't needed to be discussed.

Indeed  its  really a hard pump and  as expected  there would follow a  hard dump because most  people would  really tend to sell of  their bitcoin. As of todays  situation  of bitcoin price it would not  do the same thing for sure  but still better to see this  movement anyway slowly rising.

Almost a week has passed and the price was the same until today afternoon when the price was dumped a bit(-$10), and the bitcoin trending is not like before on that huge pump, I want to see bitcoin more stable and at a higher price within 1 year.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
Well the price of bitcoin right now is 639 but there is still no sign that the price will increase again to 1148.. so for now for me its impossible to happen.. maybe the price can be consider is 700 value to 800 value its more easy to be reach this goal than 1k value..
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