as soon as the bad news continue we will have fluctuations
after a single bad news traders take care to test their strengths and weaknesses
unless everybody stops putting mad on bitcoins face, or else bitcoiners become more and more , it will stand up and flourish!
HHH***OOO***DDD***LLL
Topic: What's next for Bitcoin? $100 or $1000 (Read 1961 times)
I think it's safe to say Bitcoin isn't going below $100 any time soon.
$100.... then $10,000 out of nowhere
the panicers lose, the hodlers win
the panicers lose, the hodlers win
up or down?
Maybe neither...
Maybe neither...
I think it will go up over $1000 within the next 2 weeks. We now know that Dubai will have 400 BTC ATM within 2 weeks. Also Australia will have 100 BTC ATM in the next few months.
Now it is going main stream. And a lot of rich people in Dubai will be buying a lot of BTC. So the demand will be high and the price is going to go up.
Regarding 400 BTC ATMs in Dubai....
http://www.coindesk.com/ded-officials-debunk-bitcoin-atm-speculation-dubai/
here's what will actually happen, straight from my old crystal ball which is never wrong: we will sit in the 400-600 region for a month or two, the pressure from buyers would continue to grow, until everybody understands that it is not going lower. at about that time, wall street funds would be ready to put some money in; once the reversal becomes confirmed, a new rally would start (somewhere in june-july), rocketing to a 4-7 k per coin region by autumn, before retracing back to ~2000. 1250 becomes the new bottom then, same as 265 is now and 31 was last spring.
Almost matches the chart I've been following for some time. Once 858-970 range gets tapped.. strap up
https://www.tradingview.com/x/8upstGcZ/
up or down?
Maybe neither...
Maybe neither...
I think it will go up over $1000 within the next 2 weeks. We now know that Dubai will have 400 BTC ATM within 2 weeks. Also Australia will have 100 BTC ATM in the next few months.
Now it is going main stream. And a lot of rich people in Dubai will be buying a lot of BTC. So the demand will be high and the price is going to go up.
Going to go with 1000 way before I see us going to 100. I'm not expecting to see 1000 and day soon but in the near future I'd suspect that to take place.
$1000, but not in the next 3 months, a bit later this year, around September.
here's what will actually happen, straight from my old crystal ball which is never wrong: we will sit in the 400-600 region for a month or two, the pressure from buyers would continue to grow, until everybody understands that it is not going lower. at about that time, wall street funds would be ready to put some money in; once the reversal becomes confirmed, a new rally would start (somewhere in june-july), rocketing to a 4-7 k per coin region by autumn, before retracing back to ~2000. 1250 becomes the new bottom then, same as 265 is now and 31 was last spring.
confirmed
+1
here's what will actually happen, straight from my old crystal ball which is never wrong: we will sit in the 400-600 region for a month or two, the pressure from buyers would continue to grow, until everybody understands that it is not going lower. at about that time, wall street funds would be ready to put some money in; once the reversal becomes confirmed, a new rally would start (somewhere in june-july), rocketing to a 4-7 k per coin region by autumn, before retracing back to ~2000. 1250 becomes the new bottom then, same as 265 is now and 31 was last spring.
confirmed
here's what will actually happen, straight from my old crystal ball which is never wrong: we will sit in the 400-600 region for a month or two, the pressure from buyers would continue to grow, until everybody understands that it is not going lower. at about that time, wall street funds would be ready to put some money in; once the reversal becomes confirmed, a new rally would start (somewhere in june-july), rocketing to a 4-7 k per coin region by autumn, before retracing back to ~2000. 1250 becomes the new bottom then, same as 265 is now and 31 was last spring.
I think it will stabilise and may hit $1000 for awhile but will probably drop back down to $500 - $600 that's only if nothing happens with the world markets this year though, if something does happen like a 2008 - 2009 level of panic then we will see it easily break $1000 again.
$100 may not happen even in a 2011-like scenario.
It already happened (on BTC-e, Bitfinex and ''Mt.Gox'').
$100 may not happen even in a 2011-like scenario.
You can probably get your answers here dude...
https://bitcointalksearch.org/topic/300-or-800-next-526622
https://bitcointalksearch.org/topic/300-or-800-next-526622
up or down?
Maybe neither...
Maybe neither...
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