Price just broked $650, so we next stop will be $700 by end of this week - page 2.

calme

sr. member

Activity: 392

Merit: 250

Quote from: ynef on October 27, 2016, 09:10:55 AM

Quote from: calme on October 27, 2016, 01:15:34 AM

If you joined after 2013 then now you get to see your first mega bullrun. Only this time, leverage is a lot more of a factor. Ppl w/ $1m can take out loans to get over $1m, then take loans on those loans using leverage, so can thus buy a lot more than $100m in BTC for a bullrun than the basic $100m they'd get on 100x leverage. For example.

The guy who takes a loan in order to buy Bitcoin must have some serious balls though.

You betcha. But basically what I was getting at is that the exchanges are now more leverage-oriented than they were back in the day. Before, ppl had to rely on bots running up the price w/ money that didn't exist. Now, anyone can help run up the price w/ money they don't have, thanks to leverage. Grin

ynef

full member

Activity: 158

Merit: 100

Quote from: marcuslong on October 27, 2016, 09:13:28 AM

It's really posible that bitcoin will broke the $700 dollar so far the bitcoin price is in $681 dollars and it's still increasing and hoping that it will continue growing till the the end of the month so that we can be happy for this comming christmas

$700 is a relatively safe bet. However the whales out here might very well be counting on that. In theory, after $699 someone could dump a massive load on the market and cash in while everyone else is losing.

marcuslong

legendary

Activity: 1036

Merit: 1002

Quote from: amacar2 on October 23, 2016, 05:56:20 AM

Today Price bounces by $20 overnight and today is first day of this week so i think we are heading towards $700 which may get touched by end of this week, what are your speculation.

How much you guys have right now and will you short some when it reach $700 again or not?

It's really posible that bitcoin will broke the $700 dollar so far the bitcoin price is in $681 dollars and it's still increasing and hoping that it will continue growing till the the end of the month so that we can be happy for this comming christmas

ynef

full member

Activity: 158

Merit: 100

Quote from: calme on October 27, 2016, 01:15:34 AM

If you joined after 2013 then now you get to see your first mega bullrun. Only this time, leverage is a lot more of a factor. Ppl w/ $1m can take out loans to get over $1m, then take loans on those loans using leverage, so can thus buy a lot more than $100m in BTC for a bullrun than the basic $100m they'd get on 100x leverage. For example.

The guy who takes a loan in order to buy Bitcoin must have some serious balls though.

iv4n

legendary

Activity: 3248

Merit: 1179

Price is 684 $ today, I was saying the same. I'm also sure in that next stop is little over 700 dollars. We need just 17 dollars for that, and it`s possible for price to rise that much in next few days.
This is just one of the threads where OP`s are talking about plus 700 in end of the October. Interesting that this prediction will fulfill, it wasn`t from one man, point is that some of us here are talking about last two months.
I`m thinking that this stop will not last long, between October and new year, anything can happen.

Adamsmit556

member

Activity: 111

Merit: 10

It's predictable that if price breaks the limit of $700, it won't grow for a long time in a short term and drop off is likely to becoming.

calme

sr. member

Activity: 392

Merit: 250

If you joined after 2013 then now you get to see your first mega bullrun. Only this time, leverage is a lot more of a factor. Ppl w/ $1m can take out loans to get over $1m, then take loans on those loans using leverage, so can thus buy a lot more than $100m in BTC for a bullrun than the basic $100m they'd get on 100x leverage. For example.

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

Price went up last night i noticed this when i finish my work then just quick peek on exchange and then i looked little to see if this is only false one but this morning i see that price is still going up
Maybe prediction were true that it will hit 700 this month

ImnotOctopus

sr. member

Activity: 280

Merit: 250

Price is now $682 $30 more and we will be at $700, the pumping is strange it always go up everyday hmmm, maybe it recovered from the hacked now.

I sense there will be a big dump coming In my opinion.

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: monbux on October 26, 2016, 06:16:41 PM

$700 is a good number but it can easily get past that. Lots of good news for bitcoin by the end of this year.

And I hope that it will not just going to be stable at $700 and just like what happened from the past months. Bitcoins price did rapid increase.

History is just repeating itself, so the price of bitcoin from the past is coming back and maybe it would pump again into $1,000.

This signifies that this year is still not yet over, there are really more to come before the end of the year.

eddie13

legendary

Activity: 2296

Merit: 2262

BTC or BUST

BTC has a whole lot of pumping to do before it gets to be "overvalued" IMO..

AZwarel

sr. member

Activity: 401

Merit: 280

If any of you were here around November 2013, you would not say "naah, 700$ is 50$+, we will never get that in a month". Lol.

Since than, bitcoin has at least 2 million+ users, mainstream acknowledgement, banks, hedge funds, capital investment companies waiting for ETF, new technical upgrades in the door, etc.

ATH will be a breeze, once the panic buy in starts.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

$750 by the end of the year for sure.
Possibly higher if we have additional news or the hype stays strong.

I just wish I hadn't invested so much of my BTC into altcoins over the last couple of weeks since none of them will probably go up as much as Bitcoin.

monbux

legendary

Activity: 1736

Merit: 1029

$700 is a good number but it can easily get past that. Lots of good news for bitcoin by the end of this year.

ynef

full member

Activity: 158

Merit: 100

Quote from: Adamsmit556 on October 26, 2016, 05:04:20 PM

Do you have any graph or a data to show this nightmare?

All I meant was if too many people are buying into the hype, it will drop shortly after because that's just how it's played. Or has been played for a long time. You don't need charts to realize that.

Adamsmit556

member

Activity: 111

Merit: 10

Quote from: ynef on October 26, 2016, 04:49:35 PM

If I have learned anything about Bitcoin over the years, it's the fact that when way too many people are starting to talk about "the moon", it's actually time to prepare yourself for a nightmare.

Do you have any graph or a data to show this nightmare?

mindrust

legendary

Activity: 3276

Merit: 2442

Don't get overexcited people. It can't go up forever. There will be a correction eventually. I would start dumping after it touches 700+ and rebuy below 600$. After the correction will arrive at 1000$.

ynef

full member

Activity: 158

Merit: 100

If I have learned anything about Bitcoin over the years, it's the fact that when way too many people are starting to talk about "the moon", it's actually time to prepare yourself for a nightmare.

Greenenergy

sr. member

Activity: 441

Merit: 250

700$ before the end of the week seems highly possible for me. It seems also higly probable for me that in maximum a month we'll be back at 600$.

panju1

legendary

Activity: 1246

Merit: 1000

Quote from: amacar2 on October 23, 2016, 05:56:20 AM

Today Price bounces by $20 overnight and today is first day of this week so i think we are heading towards $700 which may get touched by end of this week, what are your speculation.

How much you guys have right now and will you short some when it reach $700 again or not?

Shorting bitcoin (especially naked shorting) is not a good idea, given how rapid a bull run can be.
Agreed that $700 may look overvalued, considering where Bitcoin has been all these years. But market sentiments might take it much beyond that.

Topic: Price just broked $650, so we next stop will be $700 by end of this week - page 2. (Read 3219 times)