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Topic: Poll: How high will this current bull run go? - page 3. (Read 5611 times)

legendary
Activity: 2380
Merit: 1150
The question is what "a couple of months" means. In the short term, 450 is a valid goal. Given the fact that several bigger corporations are starting to embrace Bitcoin and that several applications will soon be released and will make Bitcoin easier for noobs, I guess a value of 2500 to 3000 within the next year is maybe a bit optimistic, but can't be excluded. However, we all don't know what the whales will do....
Q7
sr. member
Activity: 448
Merit: 250
Well, I actually voted 375 few days earlier but looking at the current scenario, probably it will even hit 400 before it will retrace slightly and from there continue the charge to move further upwards. Just hope for the best because once we have a breakthrough, it will have the possibilityy to go up insanely high to a level we never would have thought to occur.
hero member
Activity: 994
Merit: 500
If i were OP i would list the price in the opposite way.
From the highest to the lowest, anyway i think that for the next few months it can reach $500
Maybe hard to believe but this is the truth and my prediction, at least after halving period this should be reached.
legendary
Activity: 3892
Merit: 4331
BTC/USD already started trailing below 315$ so I guess the bull run was short lived. I wouldn't expect any ore significant price bumps from that point on, the price struggled to stay at high levels, this "bull run was very weak". If you have a fear of being left behind, then don't worry. The MMM republic of bitcoin, which is likely the sole reason this whole price bump took place, is moving with a slow pace and likely not doing so well. No matter how desperate Sergey Mavrodi is with promotion, pyramid schemes are doomed to fail and this one is taking down the bitcoin price.

very much an ad hoc explanation. i never knew about mmm, never used it and i am sure that 95-99% of bitcoiners are in the same situation.
BTW, the price is $321 now.
hero member
Activity: 700
Merit: 500
BTC/USD already started trailing below 315$ so I guess the bull run was short lived. I wouldn't expect any ore significant price bumps from that point on, the price struggled to stay at high levels, this "bull run was very weak". If you have a fear of being left behind, then don't worry. The MMM republic of bitcoin, which is likely the sole reason this whole price bump took place, is moving with a slow pace and likely not doing so well. No matter how desperate Sergey Mavrodi is with promotion, pyramid schemes are doomed to fail and this one is taking down the bitcoin price.
legendary
Activity: 1358
Merit: 1016
Depends whether people keep dumping for minimal profits or not
sr. member
Activity: 329
Merit: 250
IDK guys but I'm definitely not selling a fraction of Bitcoin until the halving
hero member
Activity: 821
Merit: 1003
420

but thre is no such option
hero member
Activity: 616
Merit: 500
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I hope it will go back to 250ish soon, have cashed out at 300$ lol, but it looks like it can go to around 400$ before that.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
We did fall down all the way to $307 on Bitfinex. I think that everybody are in a waiting mode at the moment and people are waiting for someone to make a move with a huge sell or huge buy.

I hope we will stay above $300 though. It would be great to form a floor here!

Prices after hitting around 335 to 340 range now looks like slowly cooling down. Today prices are already less then 320 range so I think it will settle down around 300 or slightly less the 300 range for some time before moving up again. If this cooling happens then it is good for btc prices to move up again otherwise if just move one direction without correction then it may come back also very fast.
well that is definitely needed to cool down the technical indicators. As long as we do not go under $285, it should be all fine. First 'psychological' support should be seen at $300. I believe we may retest the real supports below $300 this time. That would make the recent rise very healthy, and would spare the fuel for the next leg up.
hero member
Activity: 910
Merit: 1000
We did fall down all the way to $307 on Bitfinex. I think that everybody are in a waiting mode at the moment and people are waiting for someone to make a move with a huge sell or huge buy.

I hope we will stay above $300 though. It would be great to form a floor here!

Prices after hitting around 335 to 340 range now looks like slowly cooling down. Today prices are already less then 320 range so I think it will settle down around 300 or slightly less the 300 range for some time before moving up again. If this cooling happens then it is good for btc prices to move up again otherwise if just move one direction without correction then it may come back also very fast.
newbie
Activity: 28
Merit: 0
We did fall down all the way to $307 on Bitfinex. I think that everybody are in a waiting mode at the moment and people are waiting for someone to make a move with a huge sell or huge buy.

I hope we will stay above $300 though. It would be great to form a floor here!

Staying around $300 (280-320) is fine. Bitcoin will not die easily. There are more usage for bitcoin now. It has bright future.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
We did fall down all the way to $307 on Bitfinex. I think that everybody are in a waiting mode at the moment and people are waiting for someone to make a move with a huge sell or huge buy.

I hope we will stay above $300 though. It would be great to form a floor here!
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
If there is manipulation of some sort here, i doubt we will go high, as their goal would be to gain more coins, and not to increase their value now.
So i'm guessing we're going to keep bouncing up and down, until there are enough coins shaken down by those who pull the strings of the market, and only then do i expect five figure numbers and more.
legendary
Activity: 3248
Merit: 1070
i believe the correct answer is not displayed, since i believe that we are not touching 350, this time we went a bit higher, but that's it

crazy values like 1k-10k range cannot be true until there are always the same people involved in the market, with their bots..
legendary
Activity: 980
Merit: 1000
the highest price at Bitstamp in the next month i think is around $375 - $400 but probably less than it
because the price now dropped rapidly last update is only at $319
legendary
Activity: 1526
Merit: 1034
Hmmm, where is the option for $350 or less?

$350 will most likely become the new $300, and I expect a lot of investors to sell off once the psychological number hits. China shouldn't be used as proof otherwise, since the equivalent of $350 in their currency isn't any special number, and 0 free trading allows them to stray further from the overall market.

The OP does not think the price will stop at £350 or less. If the price rise only $1-3 a day, it can run very long.

Well, if the price does rise each day, then you are right in that the bull run can go for a potentially very long time. However, the run is already losing steam, and appears to be quickly coming to a close. The price has dropped pretty significantly in the last 12 hours.
legendary
Activity: 3542
Merit: 1352
Interesting an inverted normal distribution - people seem to believe it will either go very high or not so high with few on middle ground. People are either bears or uber-bulls for some reason.

That's what the market is filled with: bears and uber (delusional) bulls. I wonder where the sane bulls went?

--

Can OP make an update with the poll? $350 option is lacking in there.
newbie
Activity: 28
Merit: 0
Hmmm, where is the option for $350 or less?

$350 will most likely become the new $300, and I expect a lot of investors to sell off once the psychological number hits. China shouldn't be used as proof otherwise, since the equivalent of $350 in their currency isn't any special number, and 0 free trading allows them to stray further from the overall market.

The OP does not think the price will stop at £350 or less. If the price rise only $1-3 a day, it can run very long.
legendary
Activity: 1526
Merit: 1034
Hmmm, where is the option for $350 or less?

$350 will most likely become the new $300, and I expect a lot of investors to sell off once the psychological number hits. China shouldn't be used as proof otherwise, since the equivalent of $350 in their currency isn't any special number, and 0 free trading allows them to stray further from the overall market.
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