What Will it Take For BTC to Reach $1000? - page 3.

bitllionaire

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Quote from: BitcoinGirl.Club on February 03, 2017, 05:16:41 AM

Now that bitcoin has reached $1000 it will be a good idea for people to hold on to their btc to maintain the price
or we can just buy more btc to push price even higher

holding bitcoin even at this stage is a good idea. i did not sold my bitcoin when the price cross 1150 in previous day and still not going to sell my bitcoin even if the price of bitcoin will cross 1200 USD level. because i am still pretty confident that this time the price of bitcoin is going to cross every 1600 use level very soon, so i am not going to sell my bitcoin in next moth or two.

Botnake

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Quote from: soros017 on February 03, 2017, 05:19:36 AM

Quote from: phr0stbyt3 on February 03, 2017, 03:07:14 AM

Well it has already reaches 1000$ as for now.
But yeah I guess there are a few reasons which will help it reach 1000$ easily.
First if china government doesn't interfere and tell it's people that it is risky as last time they issued a warning that bitcoin is risky the price fell from 1100$ to 800$.
Second reason awareness. As day by day bitcoin keeps getting more famous daily due to this reason it can be easy for bitcoin to touch 1000$.

If China had the power to compromise the operation of the network, I think they would have already done it. They know that without points of centralization it becomes difficult to stop the currency, so I suppose the best thing they could do is not try to interfere with Bitcoin's progress, since that would only bring more media coverage, and more people would be aware of the existence of the currency.

Exactly, people will be amaze on how this technology so valuable that it reach to the price of $1,000. When they learn that, they will become curious and possibly they will do additional research and I am pretty sure they will be convince with the information they might read in the internet. Users of bitcoin are very optimistic, therefore it is expected the most feedback about bitcoin are positive.

Xester

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Quote from: BitcoinGirl.Club on February 03, 2017, 05:16:41 AM

Now that bitcoin has reached $1000 it will be a good idea for people to hold on to their btc to maintain the price
or we can just buy more btc to push price even higher

This topic should retire and change the title since bitcoin has reached the One Thousand Dollars value per coin. This topic should be changed to "What will it take for btc to reach two thousand dollar value?". Im glad that bitcoin has really come back to 1000$ value in just a few weeks I am looking for another increase in value and I do hope it will reach 2000 $ value by march.

soros017

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Quote from: phr0stbyt3 on February 03, 2017, 03:07:14 AM

Well it has already reaches 1000$ as for now.
But yeah I guess there are a few reasons which will help it reach 1000$ easily.
First if china government doesn't interfere and tell it's people that it is risky as last time they issued a warning that bitcoin is risky the price fell from 1100$ to 800$.
Second reason awareness. As day by day bitcoin keeps getting more famous daily due to this reason it can be easy for bitcoin to touch 1000$.

If China had the power to compromise the operation of the network, I think they would have already done it. They know that without points of centralization it becomes difficult to stop the currency, so I suppose the best thing they could do is not try to interfere with Bitcoin's progress, since that would only bring more media coverage, and more people would be aware of the existence of the currency.

BitcoinGirl.Club

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Now that bitcoin has reached $1000 it will be a good idea for people to hold on to their btc to maintain the price
or we can just buy more btc to push price even higher

LLec

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Quote from: lionheart78 on February 03, 2017, 05:09:19 AM

Quote from: Pab on February 02, 2017, 01:13:44 PM

Game is simple if bitcoin will break all time high at 1200$ will goes to 1800$-2200$ for today trading is stable
and biggest fear that China will ban bitcoin has gone.Bitcoin price rise will be supported by news from USA and Europe. Trade war between USA and China may put bitcoin on high

I hope that to happen but many holder are anticipating to cash out after the ATH. Remember we cannot control people and their target price. I hope after if incase Bitcoin reach the new ATH, it can withstand the dump from these people cashing out. It might take longer to reach $2000 and be stable or make it a new floor.

Never really thought of this scenario because haven't seen this happening in such a short amount of time like it just did to reach this pinnacle.
If people will be selling when it reaches $1152 all at the same time that will definitely cause an extreme decline in price as with any other stock that is selling and trading on the market. Bitcoin should be no different in this scenario either.

lionheart78

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Quote from: Pab on February 02, 2017, 01:13:44 PM

Game is simple if bitcoin will break all time high at 1200$ will goes to 1800$-2200$ for today trading is stable
and biggest fear that China will ban bitcoin has gone.Bitcoin price rise will be supported by news from USA and Europe. Trade war between USA and China may put bitcoin on high

I hope that to happen but many holder are anticipating to cash out after the ATH. Remember we cannot control people and their target price. I hope after if incase Bitcoin reach the new ATH, it can withstand the dump from these people cashing out. It might take longer to reach $2000 and be stable or make it a new floor.

Pettuh4

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It is already $1000 plus and so this thread seems irrelevant at the moment. Bitcoin keeps surging upward and I'm pretty sure this time it will stay up there beyond the 1000$ mark unlike early this year.

ophyrim

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Quote from: Botnake on February 03, 2017, 01:22:47 AM

Quote from: ophyrim on February 02, 2017, 05:19:16 PM

Quote from: David19 on May 07, 2015, 03:49:34 AM

What Will it Take For BTC to Reach $1000?

Let's discuss.

So interesting this post was posted nearly 1.5 years ago and today 1 bitcoin = 1000 dollar exactly.
-What happened today?
-Nothing
Just a regular day like other days. But if tomorrow bitcoin rise to the 2000 dollar.

-What is going to happen?
-Nothing
We will just make a good profit that is all.

The least we can do is to continue supporting bitcoin and wait for the right time for bitcoin to grow, we already got what we have been waiting and it's back after a big fallback last January. Let's treasure this moment and if you can sell for a profit then let's do it, it's good to experience cashing out with this big price we are witnessing.

If you are a bitcoin/dollar trader you are right. Sell at the high price and buy at the low price can be very profitable in this situation. But I don't think most of the bitcoin investor can be trade actively. I have many friends, they only buy bitcoin and just wait. They don't care about the rising or the falling price

megynacuna

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Quote from: RodeoX on February 02, 2017, 02:31:34 PM

At the moment it will take a drop in price of $0.38.

Now it will take a drop in prices of about 16.19$. We are back to over $1000 again and hopefully we will keep surging forward just like the beginning of the year.

phr0stbyt3

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Well it has already reaches 1000$ as for now.
But yeah I guess there are a few reasons which will help it reach 1000$ easily.
First if china government doesn't interfere and tell it's people that it is risky as last time they issued a warning that bitcoin is risky the price fell from 1100$ to 800$.
Second reason awareness. As day by day bitcoin keeps getting more famous daily due to this reason it can be easy for bitcoin to touch 1000$.

delliaerd

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Quote from: ophyrim on February 02, 2017, 05:19:16 PM

Quote from: David19 on May 07, 2015, 03:49:34 AM

What Will it Take For BTC to Reach $1000?

Let's discuss.

So interesting this post was posted nearly 1.5 years ago and today 1 bitcoin = 1000 dollar exactly.
-What happened today?
-Nothing
Just a regular day like other days. But if tomorrow bitcoin rise to the 2000 dollar.

-What is going to happen?
-Nothing
We will just make a good profit that is all.

Are you sure with your opinion dude ? I think You should be more conscientious in observing the circumstance. Because the price of bitcoin go up has some reason. One of the reason is that more and more people are buying bitcoin especially with huge amount greater than the total supply available on the market

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We did already reach the $1k price now which is really great and OP assumptions is already happened which means bitcoin does really increase its value in longer years to come.As long the adoption is on the move it will surely go that way no matter what thats why im glad that i know about bitcoin on earlier times.

Botnake

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Quote from: ophyrim on February 02, 2017, 05:19:16 PM

Quote from: David19 on May 07, 2015, 03:49:34 AM

What Will it Take For BTC to Reach $1000?

Let's discuss.

So interesting this post was posted nearly 1.5 years ago and today 1 bitcoin = 1000 dollar exactly.
-What happened today?
-Nothing
Just a regular day like other days. But if tomorrow bitcoin rise to the 2000 dollar.

-What is going to happen?
-Nothing
We will just make a good profit that is all.

The least we can do is to continue supporting bitcoin and wait for the right time for bitcoin to grow, we already got what we have been waiting and it's back after a big fallback last January. Let's treasure this moment and if you can sell for a profit then let's do it, it's good to experience cashing out with this big price we are witnessing.

ophyrim

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Quote from: David19 on May 07, 2015, 03:49:34 AM

What Will it Take For BTC to Reach $1000?

Let's discuss.

So interesting this post was posted nearly 1.5 years ago and today 1 bitcoin = 1000 dollar exactly.
-What happened today?
-Nothing
Just a regular day like other days. But if tomorrow bitcoin rise to the 2000 dollar.

-What is going to happen?
-Nothing
We will just make a good profit that is all.

RealPhotoshoper

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Quote from: Dmtripp27 on February 02, 2017, 02:18:55 PM

I just checked on it a few mins ago its @ 1001.19 USD wish i would have waited a few more day before selling my BTC. Now i hope it will go back down. I figured with blockchain being so slow recently that the price would be dropping again. I don't think it will be stable at 1k tho.

seems like the game already on again after a 'dead price' phase in the last few weeks.
the market now on fire back to volatile and really interesting to watch.
for the reason why the price now increased back from $850 to over $1,000 i personally not sure if it was big holder game?

LeGaulois

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BTC=1000$ I guess a lot of us are happy today héhé. At least i am Grin

. Time to sell a bit for me. I renewed a domain last week before the final date and finally i am happy... It seems to me this jump is not suddenly like the one at the beginning of January. This say, I hope it can stay at $1000 or more, a little longer than 2 days this time. GO Bitcoin !

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Quote from: Idrisu on February 02, 2017, 02:14:03 PM

Quote from: fr4nkthetank on February 02, 2017, 09:34:55 AM

Looks like we are going to hit 1000$ again

This time we may stay above that for a while. I don't see why not. Expectation of price increase means people will hodl and the usual buying will slowly increase prices as it will be larger than the selling pressure over a long period. I could be wrong, but I dont see bitcoin going anywhere but up in the long run. Of course, its -30% here, +30% there...

As at today the 2 February 2017 bitcoin is trading over $1000 and to me that is a good news. Trading experts are oready predicating that bitcoin is going to trade over $2000 before the end of this year Both fundamental and technical analyst are predicting positive outlook for bitcoin and other major cryptocurrencies for the first quarter of the year.

I remember when in 2011 gold started to surge on the quantitative easing juice, the financial experts and analysts had been as well predicting that the price of gold would soon reach 3,000 dollars per ounce (or something to that tune). Some claimed even more. It looked like these dudes competed with each other as to who would claim a higher price and not blink at that. But it all ended with a severe crash in gold prices...

And today gold lost third of its former shine (dollar-wise)

RodeoX

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The revolution will be monetized!

At the moment it will take a drop in price of $0.38.

Wandering Soul~

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Quote from: Idrisu on February 02, 2017, 02:14:03 PM

Quote from: fr4nkthetank on February 02, 2017, 09:34:55 AM

Looks like we are going to hit 1000$ again

This time we may stay above that for a while. I don't see why not. Expectation of price increase means people will hodl and the usual buying will slowly increase prices as it will be larger than the selling pressure over a long period. I could be wrong, but I dont see bitcoin going anywhere but up in the long run. Of course, its -30% here, +30% there...

As at today the 2 February 2017 bitcoin is trading over $1000 and to me that is a good news. Trading experts are oready predicating that bitcoin is going to trade over $2000 before the end of this year. Both fundamental and technical analyst are predicting positive outlook for bitcoin and other major cryptocurrencies for the first quarter of the year.

Yeah I have also checked it and I confirmed that it is over $1000 as of now but the question is how long will it stay like that . It reach $1100+ in the first week of January and got lower entually . The difference is on what they go through to become $1000 . The first week of Jan has a smooth road I say that as the days pass by it just keep increasing and on the other hand the current one has a lot of ups and down which is quite long compared to the other one so this price might be longer than expected .

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