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Topic: The Great Bitcoin Rally of 2016 - page 2. (Read 4943 times)

legendary
Activity: 1106
Merit: 1005
June 06, 2016, 06:59:48 AM
#48

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

What da f thats to much prediction for you men,  bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that,  but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash

i generally say that any price over $1000-$2000 is hard to reach and will require more than 6 months and also any price above $5000 is impossible to reach. because 5K will require a lot of adoption alone and above that gets lower chance.
and in the end any huge number for price like 10K or 50K in this case is just numbers with no reality to them.

The price of $1000 could be reached after very big good news. The $5000 is the price for 2020.

by 2020 we should be at around $100,000 if not more


It depends on the mass adoption. If more than 10 million people use the bitcoin regularly, $100,000 is achievable.

10 million isn't even remotely close to mass adoption.


Bitcoin is somewhere between 1 and 5 million users right now, so at the very beginning of that chart.

If we grow at a rate similar to facebook, we should have 100 million users by 2020. and close to a billion in 2024.

Now what do you think that would do to demand, and price?
full member
Activity: 206
Merit: 100
June 06, 2016, 05:31:09 AM
#47

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

What da f thats to much prediction for you men,  bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that,  but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash

i generally say that any price over $1000-$2000 is hard to reach and will require more than 6 months and also any price above $5000 is impossible to reach. because 5K will require a lot of adoption alone and above that gets lower chance.
and in the end any huge number for price like 10K or 50K in this case is just numbers with no reality to them.

The price of $1000 could be reached after very big good news. The $5000 is the price for 2020.

by 2020 we should be at around $100,000 if not more


It depends on the mass adoption. If more than 10 million people use the bitcoin regularly, $100,000 is achievable.

I hear that the effect of the network effect is that the price is the square of the number of users. So if the number of users is increased to 10 million, the price is 400 times higher.
sr. member
Activity: 332
Merit: 250
June 01, 2016, 01:46:28 AM
#46

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

What da f thats to much prediction for you men,  bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that,  but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash

i generally say that any price over $1000-$2000 is hard to reach and will require more than 6 months and also any price above $5000 is impossible to reach. because 5K will require a lot of adoption alone and above that gets lower chance.
and in the end any huge number for price like 10K or 50K in this case is just numbers with no reality to them.

The price of $1000 could be reached after very big good news. The $5000 is the price for 2020.

by 2020 we should be at around $100,000 if not more


It depends on the mass adoption. If more than 10 million people use the bitcoin regularly, $100,000 is achievable.
legendary
Activity: 1106
Merit: 1005
May 30, 2016, 10:13:01 AM
#45

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

What da f thats to much prediction for you men,  bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that,  but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash

i generally say that any price over $1000-$2000 is hard to reach and will require more than 6 months and also any price above $5000 is impossible to reach. because 5K will require a lot of adoption alone and above that gets lower chance.
and in the end any huge number for price like 10K or 50K in this case is just numbers with no reality to them.

The price of $1000 could be reached after very big good news. The $5000 is the price for 2020.

by 2020 we should be at around $100,000 if not more
sr. member
Activity: 332
Merit: 250
May 30, 2016, 07:38:55 AM
#44

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

What da f thats to much prediction for you men,  bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that,  but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash

i generally say that any price over $1000-$2000 is hard to reach and will require more than 6 months and also any price above $5000 is impossible to reach. because 5K will require a lot of adoption alone and above that gets lower chance.
and in the end any huge number for price like 10K or 50K in this case is just numbers with no reality to them.

The price of $1000 could be reached after very big good news. The $5000 is the price for 2020.
legendary
Activity: 1946
Merit: 1137
May 29, 2016, 12:59:17 AM
#43

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

What da f thats to much prediction for you men,  bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that,  but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash

i generally say that any price over $1000-$2000 is hard to reach and will require more than 6 months and also any price above $5000 is impossible to reach. because 5K will require a lot of adoption alone and above that gets lower chance.
and in the end any huge number for price like 10K or 50K in this case is just numbers with no reality to them.
legendary
Activity: 1106
Merit: 1005
May 29, 2016, 12:47:39 AM
#42

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

What da f thats to much prediction for you men,  bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that,  but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash

it will happen.

huge rallies cause the price to overshoot and then a large correction happens, but it will always end up being higher in the end.

what you fail to understand is that bitcoin is LIMITED and therefore the only thing that actually is impossible is for the price to stay this low.

assuming bitcoin will be adopted by more users it means the price will have to go up. And not by just $50 either.

More like by 100x at least.

Even $700~$800 is way too low.

Next rally will go to ~$3000 at least, but more likely $5000

If there is one after that (most likely in 2017) expect to see 5 digits (40~50k)

it's inevitable.

Imagine 30 million people (and 30 million people is not a lot on over 7 billion people worthwide) all want to buy 1 bitcoin for $500. We won't have enough bitcoin. So they will have to bid higher and higher. The 'poorer' people will have to live with less than 1 bitcoin.

I can not stress this enough:

the average amount of bitcoin people will have is less than 0.003 bitcoin

so therefore, 1 bitcoin has to be an INSANE amount of money. and $50k is just the start. f you think otherwise, basically you're saying bitcoin will never be used by more than ~10 million people. And that's an even more insane prediction than the ones i am making.

Just because you lack logic and mathematical skills doesn't make me delusional. I base my predication on math and logic, you base your predictions on what your 'feelings' tell you is 'right'


if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

What da f thats to much prediction for you men,  bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that,  but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash

i generally say that any price over $1000-$2000 is hard to reach and will require more than 6 months and also any price above $5000 is impossible to reach. because 5K will require a lot of adoption alone and above that gets lower chance.
and in the end any huge number for price like 10K or 50K in this case is just numbers with no reality to them.



less than 1 month is all it took to go from ~$230 to ~$1200

yes it crashed back to $900 or so, but still, you guys seem to forgot this ever happened and seem to claim it's impossible.

well guess what, the impossible already happened 3 times and it's about to happen again.

also, red the red part.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
May 29, 2016, 12:16:05 AM
#41

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

What da f thats to much prediction for you men,  bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that,  but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash
hero member
Activity: 966
Merit: 507
May 29, 2016, 12:05:37 AM
#40
50k! It is incredible the great enthusiasm that a little rally (only 10% of its previous price) can generate. Tomorrow, when its price returns to $450, this optimism will disappear and everyone will be predicting a drop to $100. Wink
legendary
Activity: 1106
Merit: 1005
May 28, 2016, 11:53:29 PM
#39

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.

seems the chinese know pretty damn well about bitcoin

they have $30 trillion to throw at it.

They don't even need 1% of that.

Bitcoin can't stay this cheap forever, there just isn't enough bitcoin for all of us to own 100 bitcoins. something has to give.

Either adoption crawls to a stop or the price goes through the roof (and with through the roof i mean $100,000+)

It's one or the other, there's no other way.

So which do you think it will be?

Signs are hinting at adoption continuing and therefore in my opinion the most likely outcome is that we will see 4 or 5 digits pretty soon.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 28, 2016, 09:33:10 PM
#38

if it turns out as predicted, $50000 by march 2017 would be plausible.

That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.

Theories and fractals and friends are all well and good but don't play along with the real world.
legendary
Activity: 1106
Merit: 1005
May 28, 2016, 08:53:02 PM
#37
In the last halving, the rally happned 10 months after the halving. So the rally could happen in 2017.

Yes, However is always the possibility of things are different, ie occurs first.

I expect a rally right now, and a second rally somewhere in 2017 (probably Q1 2017)

if it turns out as predicted, $50000 by march 2017 would be plausible.
legendary
Activity: 938
Merit: 1000
May 28, 2016, 06:58:46 PM
#36
In the last halving, the rally happned 10 months after the halving. So the rally could happen in 2017.

Yes, However is always the possibility of things are different, ie occurs first.
legendary
Activity: 1458
Merit: 1006
May 28, 2016, 12:51:10 PM
#35
this time it is differentTM

New ATH 2016 ®
legendary
Activity: 1722
Merit: 1000
May 27, 2016, 08:30:01 AM
#34
this time it is differentTM

Dat ascending triangle though mang.
legendary
Activity: 2338
Merit: 2106
May 27, 2016, 08:24:20 AM
#33
this time it is differentTM
hero member
Activity: 826
Merit: 502
May 26, 2016, 06:33:15 AM
#32
Currently it is not the rally, but the price is ging up and down with a slow speed, and we can notice that within two weeks the price go down to $440 and then start to rise up to $465, (a great benefit for the traders and can earn a big amount as the rise and fall are confirmed), but we hope that the stage of fall will stop sooner and it will start to rise and rise.
newbie
Activity: 64
Merit: 0
May 26, 2016, 05:59:30 AM
#31
So far, there is no great rally. The price is trading within a tight range. The whales are still accumulating.

When the big whales accumulate enough, they will push the price higher and make great profit from it.
newbie
Activity: 16
Merit: 0
May 20, 2016, 01:41:55 PM
#30
So far, there is no great rally. The price is trading within a tight range. The whales are still accumulating.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
May 12, 2016, 04:30:40 PM
#29
In the last halving, the rally happned 10 months after the halving. So the rally could happen in 2017.
How come something happening 10 months later can be linked with the price action?
Bitcoin has overall merely 7 years of history, that is 84 months. 10 months is a very long time for Bitcoin.
That way we can claim almost anything, also that bear market that lasted 18 months (2014-15) is a consequence of halving. Why not?!
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