Will BTC reach $600 during the first month of the new year? - page 2.

agustina2

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Quote from: 1Referee on January 21, 2016, 04:55:23 AM

Quote from: Bitcoinbro on January 21, 2016, 04:26:30 AM

We're nearing towards the end of the first month.
I was hoping for bitcoin to reach $600 this month but I don't see that happening anymore
I believe most of the growth has been holding back because of the recent news lately surrounding bitcoin

$600 for this month was too high to become reality. Even $500 will be very difficult to reach as this dump made people buy at sub $400 prices, and thus there will be more sellers when we approach $500 the comming month(s). The bad news from Cryptsy and Mike Hearn was just a small bump in our road to $500, but we'll be there eventually. Patience is needed here.

If there's a bad news, there's also a good news that will lead to cause of big pump. $600 is still possible because still we are in January. We don't know what will happen to price.

1Referee

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Quote from: Bitcoinbro on January 21, 2016, 04:26:30 AM

We're nearing towards the end of the first month.
I was hoping for bitcoin to reach $600 this month but I don't see that happening anymore
I believe most of the growth has been holding back because of the recent news lately surrounding bitcoin

$600 for this month was too high to become reality. Even $500 will be very difficult to reach as this dump made people buy at sub $400 prices, and thus there will be more sellers when we approach $500 the comming month(s). The bad news from Cryptsy and Mike Hearn was just a small bump in our road to $500, but we'll be there eventually. Patience is needed here.

Bitcoinbro

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We're nearing towards the end of the first month.
I was hoping for bitcoin to reach $600 this month but I don't see that happening anymore
I believe most of the growth has been holding back because of the recent news lately surrounding bitcoin

chaser15

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Get ready now. The price will kicked now. So much fast recovery. This scenario shows us that no matter how bad news will come to bitcoin, still it will back again in track like in did in the past.

Amph

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Quote from: asradoni on January 21, 2016, 03:39:51 AM

Quote from: azguard on January 20, 2016, 10:29:55 AM

Consider that price is on the rise again we can expect to see changes maybe for better and we can finally break 500$ barrier if so then we can expect climb in price to 600 maybe

If the price can be $500 in 10 years, that is 25% increase from here. So even $500 is good for the price rise.

no 500 in 10 years, is too low, for miners, 500 in 10 years mean bitcoin is dead, you need to account the diff, and the margin that miners need to sustain the network, in 10 years value neeed to be around 2k at least

stromma44

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Quote from: azguard on January 20, 2016, 10:29:55 AM

Consider that price is on the rise again we can expect to see changes maybe for better and we can finally break 500$ barrier if so then we can expect climb in price to 600 maybe

During the first month of the year it will break the barrier 500$ as you said. Now it has crossed the barrier of 400$, for which it had taken a week or more, so to break the barrier of 500$ it needs time even though it is stable. i'm sure over the first month of the year if it reaches its good, but very less chances

LuckyYOU

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I doubt bitcoin is able to reach $600 this month
January is almost over and bitcoin has not grown in value at all
This could happen next month.

asradoni

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Quote from: azguard on January 20, 2016, 10:29:55 AM

Consider that price is on the rise again we can expect to see changes maybe for better and we can finally break 500$ barrier if so then we can expect climb in price to 600 maybe

If the price can be $500 in 10 years, that is 25% increase from here. So even $500 is good for the price rise.

azguard

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Consider that price is on the rise again we can expect to see changes maybe for better and we can finally break 500$ barrier if so then we can expect climb in price to 600 maybe

MissionPhailed

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Ah, has been a while since I've visited this topic.

No, I assume $600 is unreachable this month and I would even go further and say we won't see this value in Q1 and Q2 this year. Price will be moving mostly sideways this month and the Speculation section of this forum will be crammed with bearish threads. Though I don't believe in the 'doomsday' predictions either.

Dux2K

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Quote from: harizen on January 19, 2016, 09:16:57 AM

Don't focus on getting the price back to $600 this month. If it will not happen this month then it's fine. But one sure thing and I believe, that $600 mark is possible this year and even higher than that.

I sure hope so i think after halving price will be at 600 stable maybe more but i will be fine with 600

harizen

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Don't focus on getting the price back to $600 this month. If it will not happen this month then it's fine. But one sure thing and I believe, that $600 mark is possible this year and even higher than that.

azguard

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Quote from: jjacob on January 18, 2016, 08:10:50 PM

Quote from: SirLancelot on January 18, 2016, 02:04:59 PM

Quote from: harizen on January 18, 2016, 11:34:25 AM

Quote from: GannickusX on January 18, 2016, 07:40:49 AM

Quote from: azguard on January 18, 2016, 06:57:19 AM

Quote from: Sanguintan on January 18, 2016, 03:36:24 AM

I do not see $600 in January. If the price reach $500 by the end of the month, I will be very happy. It is already a good start.

well after this crash it wont be seen for a while we can expect slowly for price rise and then wait for some opportunities

You don't know that, just like you didn't know the crash was coming, the crash happened because of the news with hearn and cryptsy. You don't know if the next week there are good news that could boost the price up to where it was or even more, trying to predict the price because the sake of it, it's dumb.

Yes. Basis for some speculation can't based only in the current price because in my own view it really can't consider a source of basis. Anything can happen in just a short peruod of time and we see that multiple times.

Yes bitcoin prices are highly known for it's unexpected movements.
So, I still believe there are lot of chances for reaching $600 levels within this month also. Because there are lot of positive events around the globe.

12 days. 50%+ hike required.
I would say the chances are low, no matter what the triggers are.

most likely wont happen this month but from next it can be done
this month will be just to change price little over 400 and keep it steady for next tide

Altynbekova

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It's possible but we need some news.
Not something that will come eventually (ie the halving).
But some news about some company stepping in or maybe the whales have a new plan?

DomesticTrader

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There's quite some tention on the markets. I have to say I don't see this price happening anytime soon.

Amph

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Quote from: talks_cheep on January 18, 2016, 11:13:18 PM

Haha it's going down, not going up. Those of you greedy enough to expect bitcoin to rise continuously will be sorely disappointed continuously.

well it's stable, it's not going down anymore, i think we can clearly see a return to 450 in 1 month or so

still the halving is there, and the value will recover for sure before it, my only concern is that for every stupid drama the price each tiem tank so much, it's retarded, so much for decentralization..

Proxiebuier

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Quote from: talks_cheep on January 18, 2016, 11:13:18 PM

Haha it's going down, not going up. Those of you greedy enough to expect bitcoin to rise continuously will be sorely disappointed continuously.

it's a normally sir Tongue

You will never see a rainbow without rain,
now the rain momenth and im sure the rainbow will come soon

abacus

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Quote from: HarHarHar9965 on January 19, 2016, 02:07:58 AM

- snip -
But there is 0% chance to reach 600$ within this month end.

This makes good sense. I think we'll close this month with the price somewhere in the 400-450 range.

HarHarHar9965

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Quote from: talks_cheep on January 18, 2016, 11:13:18 PM

Haha it's going down, not going up. Those of you greedy enough to expect bitcoin to rise continuously will be sorely disappointed continuously.

Won't get much disappointment because past few days there is not much fluctuation. Its holding itself in a range of 375$ - 385$. Falling days there are hope to increase in value slowly. But there is 0% chance to reach 600$ within this month end.

talks_cheep

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Haha it's going down, not going up. Those of you greedy enough to expect bitcoin to rise continuously will be sorely disappointed continuously.

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