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Topic: Why do people still think we can make it past 1000 anytime soon? - page 4. (Read 5697 times)

hero member
Activity: 798
Merit: 1000
Because Bitcoin   Grin But no seriously, everyone is expecting it to. As soon as we start moving in a definate up direction a lot of people take their coins of the exchanges, stop trading and hodl as most know how easy it is to get burned on a BTC bull run. Then with much less coins for sale the price invariably goes upwards panic buying ensues and que 2014 bubble.
sr. member
Activity: 361
Merit: 250
I tend to believe that Bitcoin will never visit USD 1000 again.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
History.

Anytime soon = 30 days or 14 months? (for example)
Once BTC gets moving, it tends to keep moving up, up, up, and that is just a start.  Grin
sr. member
Activity: 266
Merit: 250
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Why do people still think we can make it past 1000 anytime soon?
The biggest moves happen when good traders are taken by surprise.
If BTC did somehow race above the all-time high, then a fast push to $3,500 is possible (estimate based on previous "insanity")
If BTC goes below $300 (for example), it will hopefully bounce fast back to $600+, but could go much lower.

No one knows for certain, but...
It is *possible* we will see $3,500 within 12 to 18 months.   Grin
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
Buffet once said - trading is process of redistributing wealth from least patient to most patient  Wink

I like that statement for many reasons.

To the OP: If you agree with the fundamental improvement of bitcoin over our fiat systems it would be easy to see why its value and price is/will be over $1000/coin/
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Buffet once said - trading is process of redistributing wealth from least patient to most patient  Wink
sr. member
Activity: 639
Merit: 251
We wont be seeing 1000 agian until fall at least. We are OF THE DEFLECTION, people.
Expect 300-600 the nearest months.
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