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Topic: Price just broked $650, so we next stop will be $700 by end of this week - page 3. (Read 3219 times)

legendary
Activity: 2688
Merit: 1065
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Every price above $600 is a more than decent price considering all the drama we went through lately. If you realize that, then you'll know what I am talking about.

Yes that's why I don't get others why they are pissed of with the current price. Didn't they realized that we are down to below $500 for long time prior to halving speculations back then. Every price above $600 is fine for me and just need some patience who knows that $600 will be considered as low price like what happen to $500 price today that back then considered as high price.

Also the price increase today is a good movement since it's slow and not on fast phase. Meaning we can expect a correction price at close to $650 if the current movement will maintain it's momentum.

This is my own analyzation and anyone can correct me.
legendary
Activity: 1137
Merit: 1035
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BTC reached $670 on Bitstamp...
legendary
Activity: 1526
Merit: 1179
In this week?
I think you are going very fast, may be in the next month might be possible that bitcoin come at $700, but in this week, it is not possible. I am feeling bad to say that but it is true, and better is that we should accept it.
Also don't be worried, because bitcoin never let us down.

Well hopefully that this is going to happen just like the rapid increase for the past months. Hopefully by the end of the week the price of bitcoin is going to reach $700. But if that is not going to happen by the end of the week hopefully that it is going to happen before the end of the month. We just need to wait for this for the price now is pumping.
Instead of hoping for the price to constantly go up, you can also appreciate the increase that we have experienced so far.

If it's going to happen next month, then it happens, if it doesn't happen, then it doesn't happen. It's no big deal.

Every price above $600 is a more than decent price considering all the drama we went through lately. If you realize that, then you'll know what I am talking about.
hero member
Activity: 3024
Merit: 745
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In this week?
I think you are going very fast, may be in the next month might be possible that bitcoin come at $700, but in this week, it is not possible. I am feeling bad to say that but it is true, and better is that we should accept it.
Also don't be worried, because bitcoin never let us down.

Well hopefully that this is going to happen just like the rapid increase for the past months. Hopefully by the end of the week the price of bitcoin is going to reach $700. But if that is not going to happen by the end of the week hopefully that it is going to happen before the end of the month. We just need to wait for this for the price now is pumping.
hero member
Activity: 812
Merit: 500
In this week?
I think you are going very fast, may be in the next month might be possible that bitcoin come at $700, but in this week, it is not possible. I am feeling bad to say that but it is true, and better is that we should accept it.
Also don't be worried, because bitcoin never let us down.
legendary
Activity: 3094
Merit: 1127
OP pictured out the market of bitcoin to increase in such short period of time. When the price pumps, it's more likely for it to decrease sooner than to increase. Even though the price of bitcoin is actually pointed upward, there would always still be some minor and major dump simply because that's how it works. When the price of bitcoin increases, people take advantage of that situation and sells some coin.
making the price to go down again, that's the essence of it why people are buying because of this possibility to earn from
this investment knowing the fluctuation and the capability to earn.

Thats  why  people  do make  profits  with  it  and  this is really a normal thing  on bitcoins price. If we saw that  the price would tend  up to rise  then   we should really expect that there are   people would  really sell of their coins    which  could cause  for bitcoins  price  to  decrease or  fall again  to a certain  point and  thats the time again  to  buy  bitcoins  on  a cheaper price and  would make  the price increase again. Its  just  like that, the  cycle would   never end as long there are people would  able to trade with it.
hero member
Activity: 1302
Merit: 540
OP pictured out the market of bitcoin to increase in such short period of time. When the price pumps, it's more likely for it to decrease sooner than to increase. Even though the price of bitcoin is actually pointed upward, there would always still be some minor and major dump simply because that's how it works. When the price of bitcoin increases, people take advantage of that situation and sells some coin.
making the price to go down again, that's the essence of it why people are buying because of this possibility to earn from
this investment knowing the fluctuation and the capability to earn.
legendary
Activity: 1008
Merit: 1060
OP pictured out the market of bitcoin to increase in such short period of time. When the price pumps, it's more likely for it to decrease sooner than to increase. Even though the price of bitcoin is actually pointed upward, there would always still be some minor and major dump simply because that's how it works. When the price of bitcoin increases, people take advantage of that situation and sells some coin.
hero member
Activity: 1372
Merit: 503
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?
Bitcoin price will hit the prediction of $700 dollars per bitcoin and many will be happy if this happy by the end of the month or maybe next month or the last thing is by the end of the year and this is just a spectulation but it just getting true and if this really happens then many of us are going to be happy because our christmas or newyear a god damn soo cool.
hero member
Activity: 714
Merit: 500
I just sold all that I bought and earned from April up to now. Now I will have to start from scratch again and hope that I can still buy a few, even in the low $600 range. $700 is very much possible, but I highly doubt if it is going to happen this week. The climb from $600 to $650 took a while and $650 is still not a strong support at this point in time.
legendary
Activity: 1386
Merit: 1020
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Even thoug bitcoins price broke already  on  $650 price but still it would not  guarantee us to  reach   $700 on the end of the week . As of today   it stabilizes agaon  on $650 price and  for sure  it would really take another time  for  it  to  move again. Lets wait   on the next move though.
legendary
Activity: 2898
Merit: 1823
$700 by end of this week might be too soon, but i think that it could happen in early of November Smiley
As usual, we hope people don't sell their bitcoin too soon which could lead bitcoin price to few weeks ago.

Yes it could be too soon, but not entirely impossible for Bitcoin. We have seen it jump higher before. Ok so now we know that there is demand for Bitcoin, the problem now is the "why"?

What is causing this rise? I have read an article that the big Chinese miners are becoming optimistic about Bitcoin Unlimited and that they are insinuating that they are supporting bigger blocks, ending the scaling debate.
member
Activity: 98
Merit: 10
this now is trend up
maybe in end october bitcoin price can up until 700dollar/bitcoin
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
$700 by end of this week might be too soon, but i think that it could happen in early of November Smiley
As usual, we hope people don't sell their bitcoin too soon which could lead bitcoin price to few weeks ago.
We have difficulties at $650. Let's cross that level fist and stay stable above. $700 would be the second step, once the first is completed. I don't expect very sudden rise at the moment, therefore these little steps have to be followed.
newbie
Activity: 35
Merit: 0
Get ready for another pump. I bet we reach $700 in the next coming weeks!
hero member
Activity: 854
Merit: 1000
I can definitely see a $700+ price in the next two months, IF we can continue at this trend. We are seeing SegWit and the LN coming soon, and

this will remove any doubt about the scaling issues that has been hyped up by Bitcoin haters and Fiat shills. Once all of this falls into place, we

will see some mainstream adoption globally.  Grin
The only thing that can stop it is a black swan, e.g. hacking of one of the major exchange or something similar.
legendary
Activity: 966
Merit: 1006
Only few days remaining for end of october and this month so we may have to wait next month to see $700 price again. Price recovered really fast, nobody have guessed that price will rise again $700 this year, after bitfinex platform got hacked early this year.
legendary
Activity: 2870
Merit: 7490
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$700 by end of this week might be too soon, but i think that it could happen in early of November Smiley
As usual, we hope people don't sell their bitcoin too soon which could lead bitcoin price to few weeks ago.
legendary
Activity: 2898
Merit: 1823
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?

Why would you short Bitcoin? In a way, it is like betting against it and the potentially big price jump to $1000 and possibly beyond. The coins to short sell or bet against are the over priced and the over hyped ones like Ethereum or Dash. Bitcoin should be held, and if it goes down, you should buy more. But doing the same to altcoins is not advisable.
member
Activity: 84
Merit: 10
^^ You would normally short if you thought the mkt was overvalued, so I think we can use context clues to see what you really meant Wink

The demand of bitcoins is increased in the market that is why i guess it is overvalued as there is an whole article about it you can read yourself i just lost the link.

Mate, it looks like you got the terminology wrong. It least based on what you wrote it looks like you are confusing the terms.
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