Kim Dotcom Predict 2000$ per Bitcoin ??!!

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Quote from: wavefan on August 23, 2016, 11:59:42 AM

OMG

!! BTC=$2000 ? i don't know who is Kim Dotcom but pretty sure he'is holding a lot's of bitcoin

Well, I guess it is predicted very good for us to hear. but until now bitcoin prices still stable, I do not expect too high a price bitcoin, but I expect the price of bitcoin in early 2017 was above $ 1000, and I guess if it really happens, it will make users very happy bitcoin

wavefan

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OMG

!! BTC=$2000 ? i don't know who is Kim Dotcom but pretty sure he'is holding a lot's of bitcoin

TastyChillySauce00

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Quote from: bit1 on August 21, 2016, 01:49:22 PM

Quote from: 1Referee on August 21, 2016, 06:47:58 AM

Quote from: crossabdd on August 21, 2016, 02:49:49 AM

Quote from: TastyChillySauce00 on August 18, 2016, 05:00:47 AM

Quote from: bitsoldiers on August 18, 2016, 04:38:21 AM

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time

yes if talking about the highest price was only a matter of time, I am also not sure if the high price to be achieved in a short time, it always takes a long time. but this statement is good, at least make people believe and support by buying bitcoin so quickly achieved a high price.

The statement of Kim doesn't do good, and will not do good. Mainly because some noobs now expect the price to reach $2000 next year. The price will probably not even reach $1000 next year, so imagine what all these disappointed noobs will do. They will put all blame on Bitcoin...

You are right, make predictions very high can lead to take a bad decision when making an investment, at least by the most inexperienced, for example, those who bought at $1000 each BTC still they have to be disappointed, or worst they sold at a considerable loss.

just don't expect too much,anything which is hyped from the start will lead dissapointment at the end if there's some disadvantages
just see kimdotcom's statement as a speculation by another people,then if it's really give a quite good affect even didn't reach what the speculation just aimed,it'll be fine,some newbie should learn about this

zimmah

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Quote from: p_linz on August 20, 2016, 05:16:41 AM

Quote from: TrueCryptonaire on August 19, 2016, 05:17:31 PM

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

bitfinex is not the only problem. most people were expecting a much higher price after the halving. and scaling seems to be a problem still.

this is one of the main problems, and has been for a while.

there is a lot of disagreement about scaling, and a lot of lies.

even before the halving, we were supposed to have Lightning and SegWit active, as well as at least 2MB blocks.

None of these things happened yet, even though we are much further.

Not only did none of these things happen when they were promised, there is not even any information on when, if ever, they will arrive.

Some people took action and are now making a fork (which in my opinion is the right thing to do), but this might also create some FUD.

bitcoin could have been so much better of if all this didn't happen.

But i think once this FUD is over bitcoin can finally climb, and it will rise to values never seen before, and few people can even dream of.

I would not be surprised to see bitcoin blast all the way to 6 digits the next time it really takes of. And this may happen anywhere between 2017 and 2021 or so.

richardsNY

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Quote from: bryant.coleman on August 22, 2016, 02:28:11 PM

Quote from: richardsNY on August 21, 2016, 03:01:32 PM

Quote from: bryant.coleman on August 21, 2016, 02:40:22 PM

Quote from: Herbert2020 on August 21, 2016, 02:39:12 AM

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

OKCoin and Huobi were not major players back in 2013. Even BTC China had (real) trade volumes far lower than that of Mt Gox and BTC-e. That said, I am talking about normal trading. The Chinese exchanges were on top when margin trading was taken into account. Also, Huobi inflates their trading data using auto-trade programs.

Maybe that I needed to point it out to make clear what I was referring to, but I'll quote it now.

Quote from: bryant.coleman on August 21, 2016, 02:40:22 PM

But right now, I don't believe that any single exchange is having more than 20% market-share.

Even when you take out the far majority of the trading volumes of OKCoin and Huobi, they are still by far infront of other exchanges. And then I haven't even been talking about the fake volumes of the USD exchanges. Let's see what's left from that when you take away the fake volume.

oblivi

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The countdown is January 17th, I think that da there will be a press conference where Kim Dotcom will have to explain his so called ""block size wars" solution."

bryant.coleman

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Quote from: richardsNY on August 21, 2016, 03:01:32 PM

Quote from: bryant.coleman on August 21, 2016, 02:40:22 PM

Quote from: Herbert2020 on August 21, 2016, 02:39:12 AM

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

OKCoin and Huobi were not major players back in 2013. Even BTC China had (real) trade volumes far lower than that of Mt Gox and BTC-e. That said, I am talking about normal trading. The Chinese exchanges were on top when margin trading was taken into account. Also, Huobi inflates their trading data using auto-trade programs.

richardsNY

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Quote from: Mastker on August 22, 2016, 01:17:24 PM

Quote from: richardsNY on August 21, 2016, 03:01:32 PM

Quote from: bryant.coleman on August 21, 2016, 02:40:22 PM

Quote from: Herbert2020 on August 21, 2016, 02:39:12 AM

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

Their trading fee is 0%. So their volume is fake. For most dollar exchanges, they charge trading fee, so the volume is more real.

As I said before, a good portion of this volume might be fake. But let's do this. I'll make a list of trading volumes of the last 30 days where I cut Huobi and OKCoin's volumes by 70% while all other exchanges their volumes stay as they are.

OKCoin 5,730,000 BTC
Huobi 3,180,000 BTC
BTCChina 2,970,000 BTC
LakeBTC 682,000 BTC
Bitfinex 270,000 BTC
itBit 241,000 BTC
BTC-e 201,000 BTC
Kraken 200,000 BTC

And the list goes on...

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Quote from: Mastker on August 22, 2016, 01:17:24 PM

Their trading fee is 0%. So their volume is fake. For most dollar exchanges, they charge trading fee, so the volume is more real.

Most of them are black holes and it's impossible to tell what goes on in there. Had it not occurred to you that they might pay their own fee?

Mastker

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Quote from: richardsNY on August 21, 2016, 03:01:32 PM

Quote from: bryant.coleman on August 21, 2016, 02:40:22 PM

Quote from: Herbert2020 on August 21, 2016, 02:39:12 AM

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

Their trading fee is 0%. So their volume is fake. For most dollar exchanges, they charge trading fee, so the volume is more real.

richardsNY

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Quote from: bryant.coleman on August 21, 2016, 02:40:22 PM

Quote from: Herbert2020 on August 21, 2016, 02:39:12 AM

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

What about giant exchanges OKCoin and Huobi? They stand for the far majority of all the volume in the world. Yes, a good portion of this volume might be fake, but USD exchanges do exactly the same thing to make their daily volumes look decent.

bryant.coleman

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Quote from: Herbert2020 on August 21, 2016, 02:39:12 AM

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

Back then, it was quite easy. Mt Gox had a huge market share (only BTC-e was a major competitor), and most of the other exchanges followed the trends in Gox. But right now, I don't believe that any single exchange is having more than 20% market-share. Also, experienced users are aware about the various market manipulation tactics.

Omega.SportSciencie

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Quote from: p_linz on August 20, 2016, 05:16:41 AM

Quote from: TrueCryptonaire on August 19, 2016, 05:17:31 PM

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

bitfinex is not the only problem. most people were expecting a much higher price after the halving. and scaling seems to be a problem still.

Scaling can be a way of retarding / slowing down the rise for the right moment they want it to happen.

coinoclock

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now he is apparently in a fight with McAfee. probably with no outcome but they make some waves in the press. i don't think this will have also an effect on the price unless something big happens there.

bit1

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Quote from: 1Referee on August 21, 2016, 06:47:58 AM

Quote from: crossabdd on August 21, 2016, 02:49:49 AM

Quote from: TastyChillySauce00 on August 18, 2016, 05:00:47 AM

Quote from: bitsoldiers on August 18, 2016, 04:38:21 AM

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time

yes if talking about the highest price was only a matter of time, I am also not sure if the high price to be achieved in a short time, it always takes a long time. but this statement is good, at least make people believe and support by buying bitcoin so quickly achieved a high price.

The statement of Kim doesn't do good, and will not do good. Mainly because some noobs now expect the price to reach $2000 next year. The price will probably not even reach $1000 next year, so imagine what all these disappointed noobs will do. They will put all blame on Bitcoin...

You are right, make predictions very high can lead to take a bad decision when making an investment, at least by the most inexperienced, for example, those who bought at $1000 each BTC still they have to be disappointed, or worst they sold at a considerable loss.

1Referee

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Quote from: crossabdd on August 21, 2016, 02:49:49 AM

Quote from: TastyChillySauce00 on August 18, 2016, 05:00:47 AM

Quote from: bitsoldiers on August 18, 2016, 04:38:21 AM

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time

yes if talking about the highest price was only a matter of time, I am also not sure if the high price to be achieved in a short time, it always takes a long time. but this statement is good, at least make people believe and support by buying bitcoin so quickly achieved a high price.

The statement of Kim doesn't do good, and will not do good. Mainly because some noobs now expect the price to reach $2000 next year. The price will probably not even reach $1000 next year, so imagine what all these disappointed noobs will do. They will put all blame on Bitcoin...

crossabdd

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Quote from: TastyChillySauce00 on August 18, 2016, 05:00:47 AM

Quote from: bitsoldiers on August 18, 2016, 04:38:21 AM

Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...

atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time

yes if talking about the highest price was only a matter of time, I am also not sure if the high price to be achieved in a short time, it always takes a long time. but this statement is good, at least make people believe and support by buying bitcoin so quickly achieved a high price.

Herbert2020

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Quote from: OmegaStarScream on August 20, 2016, 12:31:24 PM

Quote from: bryant.coleman on August 20, 2016, 11:20:23 AM

Quote from: coinoclock on August 20, 2016, 05:37:52 AM

this could be the next big spike like the $1000 one was. and the next big downfall. and the next couple of years of consolidation

I think the next spike will be from $600 (current level) to $10,000. If you remember, in 2013 we had the spike from $60 to $1,250 in less than a month's time (although part of that spike can be attributed to the order book rigging by Mark Karpelès and the other Mt Gox staff). The potential is there, let's just hope that it will happen.

As far as I know (even If I wasn't there when this happened) , the whole pump happened because the willy bot and nothing else.

it wasn't all willy bot's work but it did most of the work.
also today, willy bots still exist. it is not really rocket science to be a big exchange service and manipulate the market like that back in 2013 ish. the only difference would be the fact that there are more than one big exchange site and more willy bots working.

asriloni

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Quote from: p_linz on August 20, 2016, 05:16:41 AM

Quote from: TrueCryptonaire on August 19, 2016, 05:17:31 PM

I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.

bitfinex is not the only problem. most people were expecting a much higher price after the halving. and scaling seems to be a problem still.

bitfinex is not the only problem but bitfinex is really the problem,if bitfinex just having better security than just a garbage security,the price of bitcoin will remain 600$ or upper,and also bitfinex's mistake just make so many people losing money by cutting off their balance about 36%,definitely big problem

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Quote from: OmegaStarScream on August 20, 2016, 12:31:24 PM

Quote from: bryant.coleman on August 20, 2016, 11:20:23 AM

Quote from: coinoclock on August 20, 2016, 05:37:52 AM

this could be the next big spike like the $1000 one was. and the next big downfall. and the next couple of years of consolidation

I think the next spike will be from $600 (current level) to $10,000. If you remember, in 2013 we had the spike from $60 to $1,250 in less than a month's time (although part of that spike can be attributed to the order book rigging by Mark Karpelès and the other Mt Gox staff). The potential is there, let's just hope that it will happen.

As far as I know (even If I wasn't there when this happened) , the whole pump happened because the willy bot and nothing else.

Nope.. I was active in BTC-e at that time, and I remember what happened. There was a surge in interest from China, starting from late-November. That was the trigger. The Mt Gox guys rigged their order book in early December, and after that we were noticing huge spreads between the Mt Gox and Btc-e exchange rates. At one point, the spread increased to $150 per coin ($1,050 per coin in Mt Gox, $900 per coin in BTC-e).

So what happened... a lot of guys deposited fiat in BTC-e, purchased coins there and moved these coins to Mt Gox. They sold their coins in Mt Gox, but Mt Gox refused to credit the money to their bank accounts. Everyone lost their investment.

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