It will definitely hit 1500 this year. Most likely much higher!
Done. Now ~2,050 which is wayyy over 1,500
Topic: Will Bitcoin exceed its all-time-high of almost $1300 in the near future? (Read 2742 times)
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July 15, 2017, 06:15:41 PM
Done. Now ~2,050 which is wayyy over 1,500
January 12, 2017, 05:45:20 PM
With the recent crash I am not optimistic that bitcoin will reach the $1,300 this month.
The recent panic of selling made many people not trust bitcoin as much as they were trusting before its crash.
I'm not saying that the price is low but it's a bit far from the target of $1.3k
The recent panic of selling made many people not trust bitcoin as much as they were trusting before its crash.
I'm not saying that the price is low but it's a bit far from the target of $1.3k
people who think this way are better stay away from bitcoin and investing in it. because someone who is incapable of seeing what potential bitcoin has is not going to change his mind and will continue panicking. also someone who thinks like this is also incapable of looking at a chart of the last month or last years in other words he is another newbie with no idea what trading is.
Well not all people are like this or think similar, I'm not saying that bitcoin will not get a higher price very soon.
I will not be surprised if the bitcoin price will be 1.3k this month but It will be hard to be achieved but it has the potential.
January 12, 2017, 12:08:43 PM
It will definitely hit 1500 this year. Most likely much higher!
January 12, 2017, 11:51:10 AM
Yes, it will. Look at the chart you can see how high bitcoin will be in this year? I believe it will hit over 1,500$ in this year.
Now it's testing at the bottom line 750$- 800$ and it can break this price in this month and will hit 950$-1,000$ in this month.
Now it's testing at the bottom line 750$- 800$ and it can break this price in this month and will hit 950$-1,000$ in this month.
January 12, 2017, 11:44:14 AM
I hope you are right and btc won't drop even more than now ($800) but I think it can drop to something like $600 in a month or so. As you said, there are many newbies now and they might have bought some btc before and sell in panic now. Panic selling can lead even calm people to some irrational actions... At least I'm sure the price won't be $1300 any time soon, because now it is just dropping. Bitcoin is still too unstable to keep its price that high.
January 12, 2017, 07:29:00 AM
It also blasted from 790 to 1150 in two weeks (dec21-jan4) so it can go up quickly to. Does it have to end the same as 2013? We can't always expect history to repeat itself.
Everything works as a cycle, so anything could happen. So even the history could repeat. On this basis I believe the price movement won't happen as from $750 - $1150 in the near future. Only a sustained growth could lead us to the peak increase, fo which we need to wait with patience and support for adoption.
January 12, 2017, 01:18:41 AM
It also blasted from 790 to 1150 in two weeks (dec21-jan4) so it can go up quickly to. Does it have to end the same as 2013? We can't always expect history to repeat itself.
January 12, 2017, 01:08:45 AM
If bitcoin can drop 400 in a few days than why would it take 1-3 years to get to 1300? It could very possibly get to 1300 in a month and 3000 by the end of the year. You never know what might happen.
Have you seen how long bitcoin got to $1,100 after it crashed before from $1,000 levels? Took a hell long time! It took it three whole years after it crashed in 2014 at the price of $1,000, before it reached $1,000 again. So if it does drop by $400, it can drop some more and will just slowly rise up again like last time. That's a big possibility again.
January 12, 2017, 12:52:04 AM
If bitcoin can drop 400 in a few days than why would it take 1-3 years to get to 1300? It could very possibly get to 1300 in a month and 3000 by the end of the year. You never know what might happen.
January 12, 2017, 12:35:37 AM
Also I get the gut feeling the last 2 posters are might be fake accounts setup by people that that KNOW it's about to crash, or just some poor bastard who bought in high and wants it to go back there asap.
Look at the posts:
Yes I think we can count on that for sure, the fact is that 1300 dollar is reachable this year and that it can even reach an higher amount for sure.
Yes I think we can count on that for sure, the fact is that 1300 dollar is reachable this year and that it can even reach an higher amount for sure.
Cannot agree more, this year it can happen if it will continue grow like this there is a possibility that this will happen for sure!!
Just feels like these were wrote by the same person to me.
Maybe time to sell?
Oh this is just lovely.
Last night before I went to bed I sold all what I have on the books. Just bought in half at $850, all because of those shill posters. Probably puppet accounts of the group doing the dumping? No idea something just seemed fishy, weird new accounts writing 1 liners about buying all around the forum. Thanks for the heads up!
TIME TO SELL PEOPLE. Tempted to deposit more fiat incase we break below $800 in the next couple days. Yumyum.
In terms of 2017 though, I still believe we will reach a new ATH. Look at the history of what happens to Bitcoin after a massive media-induced buying frenzy. It crashes. Ignore the ATH of 2014 because that was a shambles involving the most popular exchange and caused a lot of uncertainty (which was good because now we're spread between a variety of exchanges).
Who knows where the floor could be right now? If we break through $800 we could end up in the 600-700 range again. All I know, is the floor hits, we'll be back to steady gains. Hopefully not too steady
, I like this action for a change... I ignored Bitcoin (active trading at least) for most of 2016 due to a lack of it.The price now is indeed lovely!
The price just went below $800 and looks like it's dropping some more. We might even see $600 range. I predicted that it would drop, but not this early. I didn't even had the chance to sell at the all time high we had a few days back and not the prices is really low! I'm preparing money to buy at $600 range if it does go there.
January 11, 2017, 04:24:39 AM
I believe the bitcoin price will always pull away from the $1300 as the whales and holders including traders all just want to dump their coins for a quick profit whenever bitcoins gain value and I do not anticipate the price to go that high for now.
all the whales and holders who wanted to sell, sold their coins when price was $1150 without any untrained eyes even noticing then when they were done taking profit the dump came and then weak hands joined in pushing the price down.
now is the time where all the whales and holders are once again without any untrained eyes even noticing are buying bitcoin when prices are stable.
January 11, 2017, 03:49:48 AM
Just wondering what everyone thinks.
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
That's correct, guy. I still believe in bitcoin. Many new investors from China, India, Venezuela and some other southeast asia countries have joined the bitcoin community and it has boosted the bitcoin price higher . I expect bitcoin can reach at least 1,200$ in this year or more.
January 11, 2017, 03:43:40 AM
I believe the bitcoin price will always pull away from the $1300 as the whales and holders including traders all just want to dump their coins for a quick profit whenever bitcoins gain value and I do not anticipate the price to go that high for now.
January 11, 2017, 02:23:55 AM
By looking at the current price right now, i don't think the price of bitcoin will reach $1300 in the near future. As you can see the price is not going up again because the last 5 days the bitcoins price dropped so hard. Maybe it can reach when the next christmas or on Chinese New year.
January 11, 2017, 01:39:05 AM
Last previous weeks showed us that it's nothing for bitcoin to exceed prices that we can't imagine. It changed from 750 usd to 1000$ in days so now many factors like not profitable mining and people's interest in bitcoin, to my mind will cause that in result we will see new record of bitcoin's price. Of course it will happen suddenly as it happened in another situations.
January 11, 2017, 01:30:48 AM
Just wondering what everyone thinks.
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
Bitcoin nearly break the ath this month. And Becuase of some reasons bitcoin not break ath. And has been stable at 800 tp 900$ price. But im sure months will past and we will get that ath within this year. We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
January 10, 2017, 11:58:48 PM
If it keeps dipping back below $900 again then it is hard to say if it will reach beyond $1300 anytime soon because it is having a hard time right now just keeping itself above where it is now.
This going up and down at that price is really nerve racking for those that are on the fence to hold or to sell.
Now if it was closer to that market cap. Then I would be in the positive to be in favor of saying that it will because it is closer to the $1000 barrier that is just a mental constraint to most that watch the price as shown last week in the media. Just look at the headlines in your local newspaper and news report on tv and you will see what I am talking about. I think even Time magazine was going to have bitcoin featured on their cover for this month.
yeah that's right mate if the price resist to 1K $ barrier the possibility to exceed the price as we all knew that more and more people notice the movement of this currency and its really getting much attention as you mention maybe time will come that more exposure will be showed up and investor coming from different nations will support the project as well, lets all continue supporting and believing that bitcoin will be the future currency online. This going up and down at that price is really nerve racking for those that are on the fence to hold or to sell.
Now if it was closer to that market cap. Then I would be in the positive to be in favor of saying that it will because it is closer to the $1000 barrier that is just a mental constraint to most that watch the price as shown last week in the media. Just look at the headlines in your local newspaper and news report on tv and you will see what I am talking about. I think even Time magazine was going to have bitcoin featured on their cover for this month.
January 10, 2017, 11:56:24 PM
On my opinion: everything can happen. It can fall under $700 or can go over 1100 within a month or two. The year is long so it's not impossible to hit $1300. But this is not in my hand or your hand.
January 10, 2017, 11:54:57 PM
if this $900-1000 is the new floor for bitcoin, and considering the volatility of this coin then its not hard to imagine $1300 being reached anytime later this year. it may or may not happen. but if i were to bet on it i think it will happen this 2017.
January 10, 2017, 11:49:00 PM
If it keeps dipping back below $900 again then it is hard to say if it will reach beyond $1300 anytime soon because it is having a hard time right now just keeping itself above where it is now.
This going up and down at that price is really nerve racking for those that are on the fence to hold or to sell.
Now if it was closer to that market cap. Then I would be in the positive to be in favor of saying that it will because it is closer to the $1000 barrier that is just a mental constraint to most that watch the price as shown last week in the media. Just look at the headlines in your local newspaper and news report on tv and you will see what I am talking about. I think even Time magazine was going to have bitcoin featured on their cover for this month.
This going up and down at that price is really nerve racking for those that are on the fence to hold or to sell.
Now if it was closer to that market cap. Then I would be in the positive to be in favor of saying that it will because it is closer to the $1000 barrier that is just a mental constraint to most that watch the price as shown last week in the media. Just look at the headlines in your local newspaper and news report on tv and you will see what I am talking about. I think even Time magazine was going to have bitcoin featured on their cover for this month.
January 10, 2017, 09:38:03 PM
Wow I didn't check for quite a while and my bitcoins have been doing great. I'm hoping for a new all time high mid 2017 or sooner!
Like how long have you not been checking the bitcoin prices? If you bought it in 2015 then you profited more than 200%. If in 2016 then around 100%. Depending when you bought it. Good for you man, congrats on holding those coins. We all hope the prices jump back to $1,000 levels so that our bitcoins can get more in terms of fiat.
January 10, 2017, 09:30:42 PM
Wow I didn't check for quite a while and my bitcoins have been doing great. I'm hoping for a new all time high mid 2017 or sooner!
January 10, 2017, 12:22:04 PM
Yes I think we can count on that for sure, the fact is that 1300 dollar is reachable this year and that it can even reach an higher amount for sure.
Cannot agree more, this year it can happen if it will continue grow like this there is a possibility that this will happen for sure!!
January 10, 2017, 11:46:27 AM
Yes I think we can count on that for sure, the fact is that 1300 dollar is reachable this year and that it can even reach an higher amount for sure.
January 10, 2017, 06:59:47 AM
Next milestone will be March 11th, if the ETF gets accepted then its obviously going to rally... but if it gets denied after all this time....
January 10, 2017, 06:51:27 AM
I guess it is too early to say that Bitcoin won't reach its new ATH this 2017, as we can see bitcoin is currently stable at around $880 - $940 range. I think $1300 is achievable around or before mid year. There are lots of updates in line after segwit implementation. This might give a boost. Aside from that people are adopting bitcoin, fresh money is still coming to bitcoin and many are holding till the next uptrend of Bitcoin.
January 10, 2017, 06:27:34 AM
He can see $ 1,300 by the end of the year, but he's showing resistance right now in this band. In short, maybe $ 900. It's too early to talk right now. If you continue to hold on to this level, you can go uphill again in the next month and try to stay in that resistance.
January 10, 2017, 05:51:25 AM
it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017
I agree.Looks like we build a new support level which will be used by the smart guys as another accumulation phase before moving up again.
Therefore it's worth to have a look at the following thread...
https://bitcointalksearch.org/topic/m.17440001
January 10, 2017, 04:13:19 AM
it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017
[img ]http://i.imgur.com/XXGAc1g.jpg[/img]
[img ]http://i.imgur.com/XXGAc1g.jpg[/img]
That would be a relief to see if we do well similar to 2016's progress. Doubling the price in a year would really be an idea situation but at these prices I am skeptical to see it double again for this year. Probably a 50% increase is much more plausible than seeing it double again for this year. Still, high hopes up!
The chart appears to show the price is accelerating as it did in 2013. Although the price could languish for a while, a doubling for the year may be too conservative.
I hope that would be true. But we all must bare in mind that a lot of whales are just waiting to cash out and that would flood the system with more bitcoins hence removing the higher demand than supply we currently have for bitcoins. If there would be an influx of more bitcoins everybody will have a easier time getting some because it is less scarce than before.
January 10, 2017, 01:53:39 AM
it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017
[img ]http://i.imgur.com/XXGAc1g.jpg[/img]
[img ]http://i.imgur.com/XXGAc1g.jpg[/img]
That would be a relief to see if we do well similar to 2016's progress. Doubling the price in a year would really be an idea situation but at these prices I am skeptical to see it double again for this year. Probably a 50% increase is much more plausible than seeing it double again for this year. Still, high hopes up!
The chart appears to show the price is accelerating as it did in 2013. Although the price could languish for a while, a doubling for the year may be too conservative.
January 10, 2017, 01:32:27 AM
it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017
[img ]http://i.imgur.com/XXGAc1g.jpg[/img]
[img ]http://i.imgur.com/XXGAc1g.jpg[/img]
That would be a relief to see if we do well similar to 2016's progress. Doubling the price in a year would really be an idea situation but at these prices I am skeptical to see it double again for this year. Probably a 50% increase is much more plausible than seeing it double again for this year. Still, high hopes up!
January 10, 2017, 12:46:55 AM
it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017
January 09, 2017, 11:44:55 PM
Bitcoin will not exceed its all time high in the near future in my opinion. It can't even exceed it's all time high now but the last price rise was good. Maybe in the far future, after the last bitcoin halving, it will have a value more than 1300$ but after that it will be unpredictable and it might be replaced by a new crypto-currency maybe not. Also I think many people must have stopped mining by that time since it is not profitable after that.
Halving is one potential factor for its value. It may or may not rise after a next halving. It you may recall during the last halving, a lot of people has predicted that the value will declined but it didn't happened.
It actually boosted the prices by way a lot and that really increased the number of people still buying but the supply was declining as the halving really halved the supply being generated by miners. That event never decreased the priced of bitcoin. What decreased it, after a few days, was the "hacking" event in bitfinex which I don't think was true.
January 09, 2017, 10:35:54 AM
Bitcoin will not exceed its all time high in the near future in my opinion. It can't even exceed it's all time high now but the last price rise was good. Maybe in the far future, after the last bitcoin halving, it will have a value more than 1300$ but after that it will be unpredictable and it might be replaced by a new crypto-currency maybe not. Also I think many people must have stopped mining by that time since it is not profitable after that.
Halving is one potential factor for its value. It may or may not rise after a next halving. It you may recall during the last halving, a lot of people has predicted that the value will declined but it didn't happened.
January 09, 2017, 10:34:13 AM
it seem to be moving up still. it may not reach 1.300 but it won't take much time. btc will be more than 1000usd before the year end.
people we disappointed late year when it hit 700 and goes back to 500 but they were regretting this time. one of them invested 65btc so he could have gotten a lot if he just keep it.
people we disappointed late year when it hit 700 and goes back to 500 but they were regretting this time. one of them invested 65btc so he could have gotten a lot if he just keep it.
January 09, 2017, 10:18:24 AM
I think it will. We just all have to wait for some time this year. But it will, I don't think there is any reason why bitcoins will drop lower than $800 any more. So I think it will still reach the $1,300 level. Probably this year or maybe next year. I think next year would still count as near future anyway.
January 09, 2017, 10:06:25 AM
2017 doesn't look to be the year to give the all time high price than the past. Even if the price goes high too the price won't sustain, it falls in a short same as the past. The price might cross the quoted $1300 by the year end or by the upcoming year start, similar to that we experienced recently. Lot more adoption is required to reach the expected price and sustain for a long time period. Lets hope everything will be better this year.
January 09, 2017, 07:56:26 AM
With the recent crash I am not optimistic that bitcoin will reach the $1,300 this month.
The recent panic of selling made many people not trust bitcoin as much as they were trusting before its crash.
I'm not saying that the price is low but it's a bit far from the target of $1.3k
The recent panic of selling made many people not trust bitcoin as much as they were trusting before its crash.
I'm not saying that the price is low but it's a bit far from the target of $1.3k
people who think this way are better stay away from bitcoin and investing in it. because someone who is incapable of seeing what potential bitcoin has is not going to change his mind and will continue panicking. also someone who thinks like this is also incapable of looking at a chart of the last month or last years in other words he is another newbie with no idea what trading is.
January 09, 2017, 05:59:55 AM
there are big chances that it will move to 1300$ price fluctuation are common in trading, bitcoin has strong stability which move further because at the same time those who are doing mining will exchange bitcoin for fiat money, some it may cause the down fall the price.But this year surely it will touch 1300$ mark.
January 08, 2017, 06:25:36 PM
With the recent crash I am not optimistic that bitcoin will reach the $1,300 this month.
The recent panic of selling made many people not trust bitcoin as much as they were trusting before its crash.
I'm not saying that the price is low but it's a bit far from the target of $1.3k
The recent panic of selling made many people not trust bitcoin as much as they were trusting before its crash.
I'm not saying that the price is low but it's a bit far from the target of $1.3k
January 08, 2017, 06:09:05 PM
Well we have just encountered a small setback over bthe past few days but the price has settled at around $900 again with sideways movements. Currently not much is going on but i think that it is only a matter of time before $1k became the new floor.
All time high of $1300 should be broken in my opinion quite easily. Obviously we've seen some resistance at $1200 but that is just this time.
It's just a matter of time before that ATH is broken.
All time high of $1300 should be broken in my opinion quite easily. Obviously we've seen some resistance at $1200 but that is just this time.
It's just a matter of time before that ATH is broken.
January 08, 2017, 05:56:40 PM
I think sometime in 2017 it will definitely hit 1300 or so, but it may be a few months. Around 900 to 1k looks to be the current range.
January 08, 2017, 05:39:01 PM
Bitcoin is getting harder and harder to pump, partly because of the price and partly because there are so many ways to short it, unlike in 2013. I personally think the price will stay in the $850 - $950 range for a bit.
January 08, 2017, 04:19:42 PM
I don't know why the fuck I'm making this statement either.
Sometimes you've just got to share, man. 
January 08, 2017, 12:57:50 PM
This is just my opinion, but I feel Bitcoins momentum was kinda killed with this dump back to the 800s and it's gonna take some time to reach the 1200s again since you need people to actually buy BTC at 1300$ to reach 1300$.
You won't get that much people to buy Bitcoin over 1000$ if they think it can drop dramatically to 800$ while they sleep. We need some weeks even months of stability to gain back confidence.
You won't get that much people to buy Bitcoin over 1000$ if they think it can drop dramatically to 800$ while they sleep. We need some weeks even months of stability to gain back confidence.
I don't think the momentum was "killed", it was interrupted if anything. The momentum will eventually keep going towards where it was going, and that is towards a new ATH.
It's only a matter of time, the question is if you want to gamble your bitcoin position for a potential 100 ish dollar short (since it seems average now is 800)
the momentum to go to the moon has been killed but the overall momentum is still there and price will continue rising after a while.
right now there is a crazy stage where nobody is sure what is going to happen and so far price has been going up and down, shaking out weaker hands and forming a parabolic rise:
January 08, 2017, 12:45:48 PM
Just wondering what everyone thinks.
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
I totally agree with your comment and i am 100% sure that coming month we will see the ATH price broken and new ATH is created. this dip was a good dip as small traders and panic traders have come out of the bitcoin and now long term traders are holding it and it is good for bitcoin.
January 08, 2017, 12:28:20 PM
Yes, Bitcoin will go above 1300$ in near future.
January 08, 2017, 12:03:50 PM
This is just my opinion, but I feel Bitcoins momentum was kinda killed with this dump back to the 800s and it's gonna take some time to reach the 1200s again since you need people to actually buy BTC at 1300$ to reach 1300$.
You won't get that much people to buy Bitcoin over 1000$ if they think it can drop dramatically to 800$ while they sleep. We need some weeks even months of stability to gain back confidence.
You won't get that much people to buy Bitcoin over 1000$ if they think it can drop dramatically to 800$ while they sleep. We need some weeks even months of stability to gain back confidence.
I don't think the momentum was "killed", it was interrupted if anything. The momentum will eventually keep going towards where it was going, and that is towards a new ATH.
It's only a matter of time, the question is if you want to gamble your bitcoin position for a potential 100 ish dollar short (since it seems average now is 800)
January 08, 2017, 11:53:10 AM
This is just my opinion, but I feel Bitcoins momentum was kinda killed with this dump back to the 800s and it's gonna take some time to reach the 1200s again since you need people to actually buy BTC at 1300$ to reach 1300$.
You won't get that much people to buy Bitcoin over 1000$ if they think it can drop dramatically to 800$ while they sleep. We need some weeks even months of stability to gain back confidence.
You won't get that much people to buy Bitcoin over 1000$ if they think it can drop dramatically to 800$ while they sleep. We need some weeks even months of stability to gain back confidence.
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January 08, 2017, 10:25:00 AM
When the price was around 1200$ I was quite sure he price will go to 1500$ and maybe even more but no its hard to say if the price will have a jump soon though in long term surly it will reach even 2000$
many people predict that after the price reach $1200 then the price will be increase but there are many people that wrong with their prediction and there is a panic selling in the market. many people is stuck with high price and hope that the price will be back like before. the condition now is hard to be predicted as the market is not only depend on one or two people but many people want to make profit. but i am sure that the price will be more than $1300 but i don't know when we can reach that price.
January 08, 2017, 10:09:34 AM
Yeah I know what you mean... I'm going to be honest the reason I'm posting this is because I sold all what I have on the books at $1080, got lucky and put half in at $820. Problem is I got a bit emotional and put the rest in at $900-920, now I don't want to go to sleep LOL. This is why I don't day-trade, I just can't handle it. But this volatility is just too good to miss out on.
I feel like when I wake up tomorrow we'll either be in the $700's or back into the $1000's... Tempted to just sell the ones I bought at the 900's at break even price (well minor profit) and sleep comfortably on my 820's. I've noticed a pattern in the past, and whenever I start coming to this forum for answers I make losses because I'm getting uncertain. I tend to try to stay off of here in recent years.
I feel like when I wake up tomorrow we'll either be in the $700's or back into the $1000's... Tempted to just sell the ones I bought at the 900's at break even price (well minor profit) and sleep comfortably on my 820's. I've noticed a pattern in the past, and whenever I start coming to this forum for answers I make losses because I'm getting uncertain. I tend to try to stay off of here in recent years.
As long as you are willing to hold until October, then I think it is very, very, very unlikely BTC will not be above $1000 by then.
I think on any time horizon longer than 3 months, it is more likely that price is above $1000 than below.
And the upside is much, much greater than the downside with a 2018 time horizon.
So I would sit tight unless you enjoy holding cash while BTC rises higher and higher. The worst that can happen is $700 (excepting some really bizarre attack such as China banning BItcoin which I think is very unlikely).
January 08, 2017, 10:06:28 AM
Quote from: TingCoin
When hasn't Bitcoin been being influenced by those things you mentioned? It always has been. Do you have links to the rumors of Chinas new legislation? Pretty interesting stuff, I did a search and couldn't find anything recent.
The links you are looking for are tweets by people that is in direct contact with china:
Quote
Charlie Lee @SatoshiLite Jan 6
Charlie Lee Retweeted Charlie Lee
Ok, in all seriousness, I spoke to a relative in China and he says it's not any meaningful news. Just PBOC FUD. So China has not banned BTC!
Charlie Lee Retweeted Charlie Lee
Ok, in all seriousness, I spoke to a relative in China and he says it's not any meaningful news. Just PBOC FUD. So China has not banned BTC!
@SatoshiLite is a good tweeter to follow, he is the creator of bitcoin and has contacts within china and china's mining comunity. He confirmed it was just a rumor.
https://twitter.com/bobbyclee/status/817371073108815872
https://twitter.com/Excellion/status/817370542000877574
Those two are also good to follow.
So as you can see it was all a big misunderstanding... Chinese government releases a warning about volatility and causes volatility... funny actually.
January 08, 2017, 10:03:25 AM
PS. My favorite Altcoin is DASH, just saying.
I feel it's technologically superior to all the rest of them.
I feel it's technologically superior to all the rest of them.
Because apparently you don't understand the technology at any deep level. If you did, I think you would come to a different conclusion. Sorry not meaning to be condescending, but I will have a whitepaper out sometime this year that you should read.
January 08, 2017, 05:25:29 AM
It is almost at the $1300 value these past few days but then suddenly drop . we can not tell if it will jump up to that price soon in the future as we can see the price is getting quite stable to it's current price . and it seems it would take several months before we can see it getting increased again hopefully it would exceed its ATH .
January 08, 2017, 05:21:03 AM
Bitcoin will not exceed its all time high in the near future in my opinion. It can't even exceed it's all time high now but the last price rise was good. Maybe in the far future, after the last bitcoin halving, it will have a value more than 1300$ but after that it will be unpredictable and it might be replaced by a new crypto-currency maybe not. Also I think many people must have stopped mining by that time since it is not profitable after that.
January 08, 2017, 04:42:28 AM
things will stay the same and most likely, its value will go more than 1300 USD until all bitcoin are mined, its value will keep getting bigger and bigger. only then we can experience some other problems and that may cause bitcoin to gradually decline and will be replaced by another coin who knows it could be monero or ETH.
January 08, 2017, 04:28:57 AM
Innate volatility of bitcoin is one thing. But it seems that it is not the biggest problem for bitcoin on the way of reaching new ATH.
We entered the phase where bitcoin is being influenced by politics, hidden agenda of miners, ulterior motives of developers and more.
Some examples: scaling debate, SegWit and Lighining Network debate - what is true Bitcoin, what isn't?, and the most important Chinese Government influence.
As it seems that rumors of China new bitcoin legislation project caused latest bitcoin race to end prematurely.
We entered the phase where bitcoin is being influenced by politics, hidden agenda of miners, ulterior motives of developers and more.
Some examples: scaling debate, SegWit and Lighining Network debate - what is true Bitcoin, what isn't?, and the most important Chinese Government influence.
As it seems that rumors of China new bitcoin legislation project caused latest bitcoin race to end prematurely.
January 08, 2017, 03:58:24 AM
Just wondering what everyone thinks.
not so near but we will surely see $1300 and possibly a lot more this year.Quote
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
i agree that things are so different from 2013-14 and the massive bubble we witnessed in bitcoin. and this time the rise took its sweet time before getting to the current price and since it has been strong it can not go wrong thing time around.Quote
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
i say they both were effective but not enough for such a rise specially India since the trade volume on their exchanges weren't that high and only localbitcoins were reporting a rise in the volume (which wasn't considerable compared to others).and that 50K limit in China i don't think is going to show its effect on "bitcoin price" right away because those merchants who want to deal with more than 50K are not going to jump into bitcoin as soon as they hear this news.
Quote
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
well $600 is impossible, period.What do you guys think?
the "dump" also proved this.
before the rise happened (bubble of 2016 $1150) price was strongly holding at $780 with a strong buy support. and after the dump happened price couldn't break $800 and that is a good sign.
another good sign is that price is currently at above $900 once again so the buy support is still there.
January 08, 2017, 03:56:40 AM
When the price was around 1200$ I was quite sure he price will go to 1500$ and maybe even more but no its hard to say if the price will have a jump soon though in long term surly it will reach even 2000$
January 08, 2017, 01:11:31 AM
Flip a coin. Either we are going much higher now, or we will meander for some months first and perhaps even make another cup & handle dip to $700 first.
The $1300 ATH will be breached by 2018 at the absolute latest.
I am leaning towards we are entering a frenzy period. As you say, China appears to be driving this.
I don't subscribe to any specific prediction, but volatility does appear to be increasing.
If you want to ride this wild horse, don't get thrown off.
The $1300 ATH will be breached by 2018 at the absolute latest.
I am leaning towards we are entering a frenzy period. As you say, China appears to be driving this.
I think the price will double top up to $1300 - $1500 within the next weeks and then decline to $600 - $700 over the next 2-3 months with another run up for the latter half of 2017 
You're in the wrong place if you're seeking financial stability..
You're in the wrong place if you're seeking financial stability..I don't subscribe to any specific prediction, but volatility does appear to be increasing.
If you want to ride this wild horse, don't get thrown off.
January 08, 2017, 01:03:15 AM
Just wondering what everyone thinks.
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
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