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Topic: Will bitcoin ever reach $1000 dollars again? - page 22. (Read 20728 times)

sr. member
Activity: 542
Merit: 251
pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?

That's the number that I've come up with using regression analysis.
That iw q cool webaite. I have never seen it before. I think we are at the start of a bubble, but the price was at $600 only a couple months a go.

Interesting, thanks.  I'll definitely remember that number if we approach it anytime soon.

Take a look at the "Current Trend Price" on http://cryptocoinstats.com/priceforecaster.php
That's the price we should be at today if the price followed a perfect regression line.  In theory anytime we are below the line BTC is undervalued and above the line is a bubble.  That is, if everything else remains constant.
full member
Activity: 169
Merit: 100
It will go to 10000 usd per coin considering it is still at early stage of bubble.

sr. member
Activity: 448
Merit: 250
pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

interesting. what is the significance of 742? tested support/resistance? fibonnacci levels? confluence?

edit: i seem to have missed a reply in there. Cheesy
full member
Activity: 228
Merit: 100
pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?

That's the number that I've come up with using regression analysis.

Interesting, thanks.  I'll definitely remember that number if we approach it anytime soon.

Take a look at the "Current Trend Price" on http://cryptocoinstats.com/priceforecaster.php
That's the price we should be at today if the price followed a perfect regression line.  In theory anytime we are below the line BTC is undervalued and above the line is a bubble.  That is, if everything else remains constant.
member
Activity: 116
Merit: 10
Bitcoins is moved up mostly in long term period, This is not guarantee of course that it will do the same this time but it might specially with the relatively increased interest and press coverage.
hero member
Activity: 1372
Merit: 783
better everyday ♥
pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?

That's the number that I've come up with using regression analysis.

Interesting, thanks.  I'll definitely remember that number if we approach it anytime soon.
full member
Activity: 228
Merit: 100
pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?

That's the number that I've come up with using regression analysis.
hero member
Activity: 1372
Merit: 783
better everyday ♥
pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?
newbie
Activity: 56
Merit: 0
Short answer... Yes
How long will it take... your guess is as good as mine, there are a lot of factors to consider and recent indications shows a uptrend is a bout to begin... so watch this space
full member
Activity: 228
Merit: 100
pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.
sr. member
Activity: 448
Merit: 250
pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley
full member
Activity: 228
Merit: 100
For the price to rise alot I think there will have to be a change with transation fees. What I mean is that if .001 btc becomes $100 a $50 transation fee would not work.

That's when you lower your transaction fee.
sr. member
Activity: 542
Merit: 251
For the price to rise alot I think there will have to be a change with transation fees. What I mean is that if .001 btc becomes $100 a $50 transation fee would not work.
sr. member
Activity: 518
Merit: 250
Quote
With short spikes and drops in Bitcoin value happening on a daily basis do you see Bitcoin reaching its previous peak value and also do you see it exceeding this value by a considerable distance?

I think it will go to $1000 or beyond within a few years period.  Price can go up and down in the meantime.
hero member
Activity: 1372
Merit: 783
better everyday ♥
Give it time, the main thing is to get more adoption, businesses, and people using it.

The price will take care of itself once  Bitcoin is seen as viable to the masses.
full member
Activity: 165
Merit: 100
I'm sure it'll be there by the end of the year.
member
Activity: 83
Merit: 10

If demand were to increase through the adoption of bitcoin by big retailers then surely that would massively outstrip current supply levels leading to a large increase in valuation
Neg
full member
Activity: 224
Merit: 100
I don't care wether it's 1k this year or not. I'm looking at the bigger picture. I think or hope it'll be ten times this much in the near future.
full member
Activity: 228
Merit: 100
Yes.

I believe it'll be well over $1,000 within a year: http://cryptocoinstats.com/priceforecaster.php

I'm sure it will, but we can't go by them sort of price forecasting charts as they're not magical fortune telling devices.

True, but regression allows us to see what's the norm as well as to help identify trends.
sr. member
Activity: 324
Merit: 250
I think it'll be over 1000 later in the year. All we need is some good news.
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