It took only 11 days to go from 639 to 1148 last time - page 7.

Dux2K

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Quote from: Zadicar on October 14, 2016, 08:24:51 AM

Quote from: harizen on October 14, 2016, 05:51:22 AM

Quote from: pereira4 on October 13, 2016, 01:16:29 PM

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.

I don't want to spoiled all great expectations here but manipulation back then is different if it will be applied by today.

No doubt that coins are much distributed today at "DIFFERENT" person today unlike back then where most of the people are big hoarders. Also no doubt that coins today are being used even it can only gives small percentage at bitcoin price.

We can reach that $1,000 positively but not on a sudden increase since Im sure many will dump at $800 , $900 range.

Just a speculation though.

Correct, situation on previous years are not similar as of now and as you said coins are now distributed and spread already unlike on those previous years that there are lots of huge bitcoin holders thats why its easy to dump and pump on bitcoins price unlike now that it would really takes time to reach a certain high price point.

nice where did you keep this image nice to see this
but maybe it would be good if this comes true
but think that like said herenot just like that sudden increase

Rostadom

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Activity: 713

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Just because it happened before, doesn't mean it will happen again today. I think the main reason why it increased that much before because people were just starting to know Bitcoins and a lot of people wanted to have Bitcoins at that time. Whales are entering the game. Today, the whales are already set. They all have their Bitcoins ready to be sold in a higher price. Nevertheless, this is still a possibility.

Lucius

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Activity: 3234

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I can agree that the present time is completely different then of what happened in the past,so we will need a lot more than 11 days to achieve these price.But it all depends what happens and possibility that repeats what happened at the end of last year.

Then we see how easy price can jump from 250$ to 500$,so it is easily possible to price could reach somewhere between 800-900$ by the end of year.

Fatanut

legendary

Activity: 1008

Merit: 1059

Well, we can always be optimistic and hope that the line "History repeats itself." will happen. November and December is coming up, we're already in mid October. We just have to wait a few more days to see if people would be investing their money into Bitcoins instead of just buying things that they want. It is usually at these months when people spends a lot of money. I already dumped some of my coins just to make sure that I'll get some profit just in case the price goes back to 600$.

martinacar

sr. member

Activity: 462

Merit: 250

By seeing this I can really tell that the prices are not to be judged and to be foreseen. Anything can happen so we might even see prices like 2k in an instant, i am just keeping low and investing as much as I can so I can profit a lot from this price changes.

Zadicar

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Cashback 15%

Quote from: harizen on October 14, 2016, 05:51:22 AM

Quote from: pereira4 on October 13, 2016, 01:16:29 PM

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.

I don't want to spoiled all great expectations here but manipulation back then is different if it will be applied by today.

No doubt that coins are much distributed today at "DIFFERENT" person today unlike back then where most of the people are big hoarders. Also no doubt that coins today are being used even it can only gives small percentage at bitcoin price.

We can reach that $1,000 positively but not on a sudden increase since Im sure many will dump at $800 , $900 range.

Just a speculation though.

Correct, situation on previous years are not similar as of now and as you said coins are now distributed and spread already unlike on those previous years that there are lots of huge bitcoin holders thats why its easy to dump and pump on bitcoins price unlike now that it would really takes time to reach a certain high price point.

defined

hero member

Activity: 574

Merit: 500

Last time Bitcoin reached $639 was not in 2013, it was this year. If you say it went up to 1148 last time you are wrong. Last time it peaked around 750.

Denker

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Quote from: Hugroll on October 13, 2016, 10:09:47 PM

it only took 11 days because bitcoin was unknown back then, and it came as a suprise to a whole new continent so everyone jumped on it. but in todays date most people already know about it and arent going to jump on it that easily.

That is no true. Bitcoin was going through pumps and dumps before that and the financial media also reported about that.
And that pump in late 2013 gave Bitcoin again some attention.
The main reason why Bitcoin was known to public outside of the financial sector was Silkroad!!! And that bust already happend before the pump!

Furthermore I still meet a lot of people who have absolutely no clue about Bitcoin!Either they don't know what it is and how it works or they have never heard of it before.

Karartma1

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Activity: 2310

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We all would want such a pump but please remember that the pump you are referring to happened in some particular conditions.
Read the following to know more
http://hackingdistributed.com/2014/05/27/mtgox-willy-markus/

harizen

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Quote from: pereira4 on October 13, 2016, 01:16:29 PM

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.

I don't want to spoiled all great expectations here but manipulation back then is different if it will be applied by today.

No doubt that coins are much distributed today at "DIFFERENT" person today unlike back then where most of the people are big hoarders. Also no doubt that coins today are being used even it can only gives small percentage at bitcoin price.

We can reach that $1,000 positively but not on a sudden increase since Im sure many will dump at $800 , $900 range.

Just a speculation though.

European Central Bank

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Activity: 1288

Merit: 1087

Quote from: Kakmakr on October 14, 2016, 02:17:52 AM

We have a lot of people who got burnt, when they jumped in when the price reached $1000. Those people are still waiting for the price to reach those levels

I find that very hard to believe. No newbie sits at a loss for over three years. They'd double down or abandon it. And hardly anyone will have paid the absolute peak price for all their coin.

Everyone saying Bitcoin can never pump again because it's mature or everyone knows about it is talking out of their ass. The only reason it hasn't pumped is because there hasn't been any demand for it.

amacar2

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Seem nice and hope this will happen again but i don't see any significant news or hype on market to cause such big pump. It is true that new buyers are getting into bitcoin lately this week and we have seen big pumps in end of year in past also. And we are near end of 2016 and if we can start with pump $1000 seem reachable by starting week of next year.

Doms

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Activity: 714

Merit: 500

Things are different now compared to three years ago. More people now know bitcoin compared to that time. I am not saying that it's impossible for another surge that huge in so quick a time but the possibility of that happening is very small. This time, I think a 10% increase is more likely to happen in that same period this year.

Kakmakr

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We have a lot of people who got burnt, when they jumped in when the price reached $1000. Those people are still waiting for the price to reach those levels, before they can sell or they had to sell at a loss. So we will have a lot more people who would not just jump in on those high levels, and a lot of those burnt guys, telling them not to. ^hmmmm^

I would wager a bet, that if nothing goes wrong, we might see a price between $800 to $900 by the end of this year.

pooya87

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Activity: 3444

Merit: 10558

Quote from: pereira4 on October 13, 2016, 01:16:29 PM

~~ Bitcoin can pump insanely high~

no it no longer can.
we are all hoping for a pump, or at least all of us who have bought bitcoin cheap are hoping it because we will make a huge profit if it does.

but the thing is that you should forget about huge rises as it was proven in the last years. there will only be small and slow rise over time.

Hugroll

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Activity: 756

Merit: 500

it only took 11 days because bitcoin was unknown back then, and it came as a suprise to a whole new continent so everyone jumped on it. but in todays date most people already know about it and arent going to jump on it that easily.

European Central Bank

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Activity: 1288

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Quote from: LFC_Bitcoin on October 13, 2016, 01:19:42 PM

It'd have to hit $10,000 before I simply had to get rid of 75% plus of my HODLINGS.

if it can hit $10,000 in a well rounded manner, and not just a glitch or insane run up, then that means it's on its way to the true big time.

a $1000 price is still peanuts and it can run up and down to there forever without really getting any further than where it is now. 10x that means some real money is on its way and it ain't gonna let up. i'd be wary of letting go once it was at that level.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

Never say never.
If nothing big happens with any altcoin before Christmas maybe there will be a huge pump into Bitcoin and the price will skyrocket.
Anything could happen.

Shinpako09

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Activity: 1988

Merit: 1015

Im also waiting for $1000+ price to sell my bitcoin but if ever it didnt make it before christmas. No choice im going to sell mine at the current price no matter what it is.

socks435

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Activity: 2016

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Privacy is always important

I hope it can be happen soon i feel this november is a great month to experience that amount 1k value is nearly because its 636 price.. right now according to preev.. and i think if it will happen that the price hit that amount more people are selling their bitcoin and the price will back to normal.. the same as before..

Topic: It took only 11 days to go from 639 to 1148 last time - page 7. (Read 6401 times)