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Topic: When do you expect the price of btc to rise? (Read 2524 times)

hero member
Activity: 602
Merit: 500
It will rise when the Regulation  good  for BTC is.
So,I expect a solid uptrend Mid/End of June
The Action now is too early to be considered a start of a rally
legendary
Activity: 1988
Merit: 1007

That's a hard one to answer, because I think a lot of people are going to jump ship at the 1k mark (like we saw last year). Basically I see it as being like a wave. We'll hit ATH, people will jump ship and lower the price. It will climb back up, hopefully past the ATH the next time, and the cycle will continue.

I think much depends on the speed of a rise towards $1000. If it was a grind upwards over months and months then I guess many would unload out of sheer boredom and relief once it got there.

If it was looking explosive then good old greed would take over and many would sit tight and wait to see where it ended up.

It's the opposite. If it went up slowly people would dump on the way up. If it shot up, people would try to guess what the top is and dump in the hopes that it'll drop by 50% again and they can buy in for 2x as many coins.

It just depends on the person and when they purchased Bitcoin and it could also depend on their reasons for purchasing it.  Then there are tax ramifications for cashing out that might cause some to want to hold for longer.  I know that I personally wasn't in a place to sell last year when we reached $1000 because I would have had to pay short term capital gains taxes.  Of course, there are those that try to avoid taxation (buying gift cards or whatever else they do) but I happen to try my best to be a law abiding citizen.  Shocking I know. Wink

It really is not all that simple and some people will want to buy and hold until they get to $100,000 if it really does get there.

It's an interesting thing to think about for sure. We all have our ideas on what's going to happen, but we could also all be wrong, :p. Cryptos have proven to be a wild beast in the past.
sr. member
Activity: 378
Merit: 255
I hope you become the next octomom!  Cheesy

Woah. That's pretty nasty.

Didn't Octomom become a pornstar?

 Smiley Wink Cheesy Grin Roll Eyes

Sorry, not happening guys.  Except for me. Grin
sr. member
Activity: 378
Merit: 255
Now is good.   Wink

I actually do think we are on the precipice of the next major bubble.  We have felt the "squeeze" of the price this past couple of weeks with very low volatility and movement.  It seems the "dumpers" are not successful now in lowering the price any further.  The sellers have all sold and now we are just in a short period of time before the buying begins.  It will start off gradually, kind of like a dam that has a leak.  It will slowly trickle then suddenly burst!  Tons of fun if you have been through them before.  This will be my third bubble.  The first one totally shocked me and unfortunately I did not have much invested in BTC at the time.  The second one (in November) was somewhat expected but still surprised me at how suddenly it happened.  This one coming up next almost feels totally expected.  It is like I have been pregnant for months just waiting for the "due date."  I guess that is an analogy only a woman can give!   Grin



Then I hope you become the next octomom!  Cheesy

first start a college fund

Bitcoin *IS* our college fund.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
I'm starting to feel like I'm taking potshots at this but I think that by August we will be in a bullish cycle
The trigger or series of events that lead towards this price though remain to be seen
sr. member
Activity: 616
Merit: 250
Not to be a cute or anything but...


 When Overall Demand exceeds Supplies the Price per Bitcoin will again appreciably rise.

 Mining keeps on expanding Supply to add to the equation and puzzle the OP desires an answer for.


 Be patient. Think in terms of Years, not weeks or months if one is desiring realized gains. Odds are very high the results will be a positive experience if one keeps their patience. In the near term there is going to be much price volatility while Bitcoin stays in it's Growth stages for at least the next several years or longer unless suddenly it's fully catapulted into the mainstream. When that finally occurs and it's commonly used then the volatility in pricing will likely be much less but still Bitcoin is apt to keep growing in value per bitcoin simply because of it's limited amounts.


P.S. - Don't forget to utilize and freely spend some bitcoins too, get them in circulation. Rinse, Repeat.


Now...


Re: When do you expect the price of btc to rise?
-------------------------------------------------------

0 to 7 months from now the price of btc is extremely likely to rise.


 It occurs suddenly, often with little or no warning, and often amazingly with full fury of the marketplace.
It could be in the next hour, or not until a few years from now. But that isn't remotely likely.


 Major growth is in store in the weeks and months ahead for Bitcoin.
==========================================


0 to 7 months from now the price of btc is extremely likely to rise.


 Better get a bit of Bitcoin.


 Save some, spend some, enjoy ushering in a big part of the future.
 Help ween us all off debt based fiat currencies.
 Help break those debt chains that enslave us all.
 Help governments to break free of debt based currencies.
 It's the Future, debt FREE currencies. So is Bitcoin.


Bitcoin is The Future.
hero member
Activity: 742
Merit: 500
It's a matter of quantum physics.  If you don't look at the price it starts to skyrocket.
Science bitch!

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
I hope you become the next octomom!  Cheesy

Woah. That's pretty nasty.

Didn't Octomom become a pornstar?

 Smiley Wink Cheesy Grin Roll Eyes
hero member
Activity: 518
Merit: 500
Now is good.   Wink

I actually do think we are on the precipice of the next major bubble.  We have felt the "squeeze" of the price this past couple of weeks with very low volatility and movement.  It seems the "dumpers" are not successful now in lowering the price any further.  The sellers have all sold and now we are just in a short period of time before the buying begins.  It will start off gradually, kind of like a dam that has a leak.  It will slowly trickle then suddenly burst!  Tons of fun if you have been through them before.  This will be my third bubble.  The first one totally shocked me and unfortunately I did not have much invested in BTC at the time.  The second one (in November) was somewhat expected but still surprised me at how suddenly it happened.  This one coming up next almost feels totally expected.  It is like I have been pregnant for months just waiting for the "due date."  I guess that is an analogy only a woman can give!   Grin



Then I hope you become the next octomom!  Cheesy

first start a college fund
full member
Activity: 126
Merit: 101
Be Here Now
Now is good.   Wink

I actually do think we are on the precipice of the next major bubble.  We have felt the "squeeze" of the price this past couple of weeks with very low volatility and movement.  It seems the "dumpers" are not successful now in lowering the price any further.  The sellers have all sold and now we are just in a short period of time before the buying begins.  It will start off gradually, kind of like a dam that has a leak.  It will slowly trickle then suddenly burst!  Tons of fun if you have been through them before.  This will be my third bubble.  The first one totally shocked me and unfortunately I did not have much invested in BTC at the time.  The second one (in November) was somewhat expected but still surprised me at how suddenly it happened.  This one coming up next almost feels totally expected.  It is like I have been pregnant for months just waiting for the "due date."  I guess that is an analogy only a woman can give!   Grin



Then I hope you become the next octomom!  Cheesy
legendary
Activity: 2324
Merit: 1125
bitcoin is trading around 450$ since like some two months. should i expect the price to rise? if yes, then why and when?
Yes. Wednesday. The next cycle is due. Wink

Wednesday it is then!  I second that!!!  Grin



Motion carried!
legendary
Activity: 1148
Merit: 1001
bitcoin is trading around 450$ since like some two months. should i expect the price to rise? if yes, then why and when?
Yes. Wednesday. The next cycle is due. Wink

Wednesday it is then!  I second that!!!  Grin

legendary
Activity: 1708
Merit: 1020
bitcoin is trading around 450$ since like some two months. should i expect the price to rise? if yes, then why and when?
Yes. Wednesday. The next cycle is due. Wink
legendary
Activity: 1148
Merit: 1001

That's a hard one to answer, because I think a lot of people are going to jump ship at the 1k mark (like we saw last year). Basically I see it as being like a wave. We'll hit ATH, people will jump ship and lower the price. It will climb back up, hopefully past the ATH the next time, and the cycle will continue.

I think much depends on the speed of a rise towards $1000. If it was a grind upwards over months and months then I guess many would unload out of sheer boredom and relief once it got there.

If it was looking explosive then good old greed would take over and many would sit tight and wait to see where it ended up.

It's the opposite. If it went up slowly people would dump on the way up. If it shot up, people would try to guess what the top is and dump in the hopes that it'll drop by 50% again and they can buy in for 2x as many coins.

It just depends on the person and when they purchased Bitcoin and it could also depend on their reasons for purchasing it.  Then there are tax ramifications for cashing out that might cause some to want to hold for longer.  I know that I personally wasn't in a place to sell last year when we reached $1000 because I would have had to pay short term capital gains taxes.  Of course, there are those that try to avoid taxation (buying gift cards or whatever else they do) but I happen to try my best to be a law abiding citizen.  Shocking I know. Wink

It really is not all that simple and some people will want to buy and hold until they get to $100,000 if it really does get there.
legendary
Activity: 1988
Merit: 1007

That's a hard one to answer, because I think a lot of people are going to jump ship at the 1k mark (like we saw last year). Basically I see it as being like a wave. We'll hit ATH, people will jump ship and lower the price. It will climb back up, hopefully past the ATH the next time, and the cycle will continue.

I think much depends on the speed of a rise towards $1000. If it was a grind upwards over months and months then I guess many would unload out of sheer boredom and relief once it got there.

If it was looking explosive then good old greed would take over and many would sit tight and wait to see where it ended up.

It's the opposite. If it went up slowly people would dump on the way up. If it shot up, people would try to guess what the top is and dump in the hopes that it'll drop by 50% again and they can buy in for 2x as many coins.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht

That's a hard one to answer, because I think a lot of people are going to jump ship at the 1k mark (like we saw last year). Basically I see it as being like a wave. We'll hit ATH, people will jump ship and lower the price. It will climb back up, hopefully past the ATH the next time, and the cycle will continue.

I think much depends on the speed of a rise towards $1000. If it was a grind upwards over months and months then I guess many would unload out of sheer boredom and relief once it got there.

If it was looking explosive then good old greed would take over and many would sit tight and wait to see where it ended up.
sr. member
Activity: 252
Merit: 250
I really think most people will not be trying to "get out" of Bitcoin as the price rises.  It will have quite the opposite effect for a while.

I think that is just natural. People don't want to "get out" when price is going up because they get greedy. They want to "get out" when price is going down because they get fearful.
legendary
Activity: 1148
Merit: 1001
There was a "massive difference" for each ATH.  It is all about the adoption rate and the number of people involved now.  If we look strictly at the math then there should be no problem getting to 2K on the next run.  It would be a pitiful run if it doesn't and the weakest Bubble in Bitcoin's history if the peak was only at 2K from where it is now.

I'm talking about $ amounts. Let's say there's 1000 coins.

BTC is $1. Market cap is $1000
BTC goes up to $25. Market cap is $25000 (+24000)
BTC goes up to $300. Market cap is $300000 (+275000)
BTC goes up to $1200. Market cap is $1200000 (+900000)

We're not looking at how $1200 is only 4x $300. We're looking at how much more money the system has to get to meet that goal.

With more people comes more $.  Wink

It really isn't going to be a problem. 
legendary
Activity: 1148
Merit: 1001
I agree with most of things already stated but somehow I do not like this prolonged period of stagnation. I agree this is great as a sign of market stabilization but what I do not understand is how it is possible that the price stays at the same level when we see lots of new users/miners/investors every day, creating additional demand for BTC. We all know that the quantity of BTC supplied to the market is more less the same since difficulty has been adjusting constantly to accommodate this. So, we have been having 140ish BTC added to the market every hour and the supply constantly goes up, why is the price stagnant? Why do I have a feeling someone has been dumping BTC for a long time, thus suppressing the price. Gox anyone?

You mean 150 BTC per hour is added. This means, at the current rate, around 60k per hour. If there's not more than that being invested, the price will go down or stay equal.

A lot more money is still waiting to buy or it's on the way to do so. All the big companies will move in sooner or later but they need to go through their bureaucratic meetings and licenses first. Some big funds have bought on the top at US$1,000, one of the reasons it stayed up there quite some time.

I think a lot of big investors are already stocking up. They are just doing it smart, which is to take it slow so as to not ramp up the prices while buying. I'm positive there are major investors that already have tens of thousands and are waiting for the price to go up.

My question is..... how long can prices remain deflated before long term holders that are under water, including large miners that continue to mine at a loss, begin to liquidate their holdings? Are we guaranteed a fat price rice befgore then?

That's a hard one to answer, because I think a lot of people are going to jump ship at the 1k mark (like we saw last year). Basically I see it as being like a wave. We'll hit ATH, people will jump ship and lower the price. It will climb back up, hopefully past the ATH the next time, and the cycle will continue.

Many of us expected that people would "jump ship" when the price reached the $266 ATH in November.  Some people sold at that that price, of course, but then the price continued to climb up to over $1000.  I wouldn't really be that concerned.  It might bounce around $1000 for a day or so but it won't stay at that price long I believe.

There's a massive difference between $266 and $1k though. That's like saying that because it pushes through to $2k, people wouldn't jump ship at $10 million. Major differences there.

In any case, I have no doubt that the price will continue to climb. It's just going to create waves while it happens.

There was a "massive difference" for each ATH.  It is all about the adoption rate and the number of people involved now.  If we look strictly at the math then there should be no problem getting to 2K on the next run.  It would be a pitiful run if it doesn't and the weakest Bubble in Bitcoin's history if the peak was only at 2K from where it is now.

One must keep in mind the volume profile. How many bought at 700-1100? How many of those will be jumping at the chance to get out at breakeven or profit? How did this differ from 266?

From personal experience, I purchased a small amount of coin close to $266 (granted it was not much but I did pay close to that price) then I had a long and painful Summer.  The thought crossed my mind that maybe Bitcoin was not going anywhere but when the price started rising again the funny thing was that it became tempting to buy even more!  Of course, I have been a holder since the beginning.  I believe in the long-term success of Bitcoin and I am not a day-trader so I am not trying to take advantage of the swings in price.  If we really believe the price is going to at least $10,000 at some point then the smart thing for some of us to do is just buy as much as possible at as good of a price as we can and just wait and ride out the ups and downs.  That said, my husband and I are planning on systematically selling of a small percentage at certain peaks in price, and perhaps buying back in a little bit here and there on the dips, but I really think most people will not be trying to "get out" of Bitcoin as the price rises.  It will have quite the opposite effect for a while.
legendary
Activity: 1988
Merit: 1007
There was a "massive difference" for each ATH.  It is all about the adoption rate and the number of people involved now.  If we look strictly at the math then there should be no problem getting to 2K on the next run.  It would be a pitiful run if it doesn't and the weakest Bubble in Bitcoin's history if the peak was only at 2K from where it is now.

I'm talking about $ amounts. Let's say there's 1000 coins.

BTC is $1. Market cap is $1000
BTC goes up to $25. Market cap is $25000 (+24000)
BTC goes up to $300. Market cap is $300000 (+275000)
BTC goes up to $1200. Market cap is $1200000 (+900000)

We're not looking at how $1200 is only 4x $300. We're looking at how much more money the system has to get to meet that goal.
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