Will BTC reach $600 during the first month of the new year? - page 79.

Proxiebuier

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Quote from: Triple on October 16, 2015, 09:31:14 AM

Quote from: Proxiebuier on October 16, 2015, 09:30:08 AM

of course yesss

im sure we can it $300 at this month,
look bitcoin price now stable ~260 , next week bitcoin will be stable at ~270 maybe ~280 Grin

Do you have any news or information on why you think that's the case? Nothing I see can cause a jump in BTC prices by that much.

all of signal market say it

http://i.imgur.com/ZVC5mn7.png

also you can see different about buy wall and sell wall

Triple

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Quote from: Proxiebuier on October 16, 2015, 09:30:08 AM

of course yesss

im sure we can it $300 at this month,
look bitcoin price now stable ~260 , next week bitcoin will be stable at ~270 maybe ~280 Grin

Do you have any news or information on why you think that's the case? Nothing I see can cause a jump in BTC prices by that much.

Proxiebuier

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of course yesss

im sure we can it $300 at this month,
look bitcoin price now stable ~260 , next week bitcoin will be stable at ~270 maybe ~280 Grin

Triple

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I'm gonna go ahead and say no to that. BTC prices seem to be very stable right now around $250-260 and there is no news that would benefit the rise of BTC currently.

Omikifuse

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I was surprised that the Gemini launch caused no pump to 300 this time. Maybe this is the lagged effect of Gemini.

It is possible that 300 is reached this month but, again, will not be stable and will be followed by a dump

trafficolaa

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It seems $300 has more possible chance for this month at the moment trend is showing positive rise in price and we can hope for this price floor within this month and more possible to cross this figure this time.

Q7

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The closer it is to the expected halving period, more likely it could be a rise supported by the fundamentals. But I could be wrong. We have seen that happened couple of times only to see price retraced back to its original level. 300 would be the resistance point and if they could sustain it, we might even see a breakout.

BitcoinHodler

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HODLing is an art, not just a word...

from what i see in the market these days, it most likely reach $300 in two weeks!

pooya87

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Quote from: chaser15 on October 16, 2015, 08:03:40 AM

Quote from: LMGTFY on October 16, 2015, 07:34:30 AM

Quote from: chaser15 on October 16, 2015, 07:18:26 AM

Quote from: LFC_Bitcoin on October 16, 2015, 06:19:40 AM

I'd rather stay at 260 for a few months than have a big jump to 300 then tank all the way back to 200-220.
Gradual & sustained progress is key.

Why it will come back to 200-220? It halving has something to do with it? What is supposedly happen when halving occur?

I don't know if this is what LFC_Bitcoin had in mind, but BTC/USD has been range-bound between ~200 and ~300 USD since late January. My belief is that it's demonstrated it can go above 300 several times, but to sustain a price above 300 it'll need support and a quick dash to >300 won't bring that support - more likely is that people will sell to take profits. If the price rises slowly, over time, people will have more confidence that the rise isn't just a temporary blip.

Ah I see.

So one factor of bitcoin price decrease is by massive dumping?

and..

One factor of bitcoin price increase is massive buying?

Is it like that? Im still new to bitcoin world. I like to know some economic aspect of high-low prices change.

what you described is the classic supply and demand.
massive dumps will lead to increasing amount of supply which will result in decrease in price and some sort of big news or even a hype (not a short term though) will lead to massive buys (increasing demand) hence the price going up.

chaser15

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Quote from: LMGTFY on October 16, 2015, 07:34:30 AM

Quote from: chaser15 on October 16, 2015, 07:18:26 AM

Quote from: LFC_Bitcoin on October 16, 2015, 06:19:40 AM

I'd rather stay at 260 for a few months than have a big jump to 300 then tank all the way back to 200-220.
Gradual & sustained progress is key.

Why it will come back to 200-220? It halving has something to do with it? What is supposedly happen when halving occur?

I don't know if this is what LFC_Bitcoin had in mind, but BTC/USD has been range-bound between ~200 and ~300 USD since late January. My belief is that it's demonstrated it can go above 300 several times, but to sustain a price above 300 it'll need support and a quick dash to >300 won't bring that support - more likely is that people will sell to take profits. If the price rises slowly, over time, people will have more confidence that the rise isn't just a temporary blip.

Ah I see.

So one factor of bitcoin price decrease is by massive dumping?

and..

One factor of bitcoin price increase is massive buying?

Is it like that? Im still new to bitcoin world. I like to know some economic aspect of high-low prices change.

randy8777

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nope. there is just too much selling pressure at the moment. who knows within 2015 but definitely not this month. target for this month is $275.

1Referee

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I don't think it will reach $300 this month as the price went up already this week. It can't go up all the time. I'm sure a dump will follow tomorrow or the day after that.

LMGTFY

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Quote from: chaser15 on October 16, 2015, 07:18:26 AM

Quote from: LFC_Bitcoin on October 16, 2015, 06:19:40 AM

I'd rather stay at 260 for a few months than have a big jump to 300 then tank all the way back to 200-220.
Gradual & sustained progress is key.

Why it will come back to 200-220? It halving has something to do with it? What is supposedly happen when halving occur?

I don't know if this is what LFC_Bitcoin had in mind, but BTC/USD has been range-bound between ~200 and ~300 USD since late January. My belief is that it's demonstrated it can go above 300 several times, but to sustain a price above 300 it'll need support and a quick dash to >300 won't bring that support - more likely is that people will sell to take profits. If the price rises slowly, over time, people will have more confidence that the rise isn't just a temporary blip.

talks_cheep

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YES YES YES, This I believe.

chaser15

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Quote from: LFC_Bitcoin on October 16, 2015, 06:19:40 AM

Quote from: Amph on October 16, 2015, 05:49:46 AM

ok but would be able to remain there this time, or we can easily expect another tanking to 220? i'm more interested in this, than simply we can reach xxx price

i know that dumper don't care, and they will just dump at the peak and repeat, but what it's really matter are stable value

I'd rather stay at 260 for a few months than have a big jump to 300 then tank all the way back to 200-220.
Gradual & sustained progress is key.

Why it will come back to 200-220? Is halving has something to do with it? What is supposedly happen when halving occur?

minerbit hill

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I'm a strong believer that we will see $300 for the price of bitcoin sometime this month or later in next month

Mickeyb

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Move On !!!!!!

Quote from: mexxer-2 on October 16, 2015, 04:19:53 AM

Seeing the recent price moving upwards, I am a bit optimistic about btc reaching till $280 or so, but I don't think price can continue being stable after that. What are you guys' opinion on this?

I though that we will end up the year in this price range, but Bitcoin never seizes to surprise. We have just broken $260 support in Bitfinex. If we continue like this, we might even be able to break $300. I don't know can we hold it above and even form a new floor there.

I don't know, you never know with Bitcoin!

LFC_Bitcoin

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Quote from: Amph on October 16, 2015, 05:49:46 AM

ok but would be able to remain there this time, or we can easily expect another tanking to 220? i'm more interested in this, than simply we can reach xxx price

i know that dumper don't care, and they will just dump at the peak and repeat, but what it's really matter are stable value

I'd rather stay at 260 for a few months than have a big jump to 300 then tank all the way back to 200-220.
Gradual & sustained progress is key.

pooya87

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if the current upward trend continues, i am sure that bitcoin price can reach $300 even in shorter time. but i am afraid this might stop because of some dumb dumps and slow down.

so i guess next month is a more realistic point for an stable $300 possibility.

mexxer-2

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4 Mana 7/7

Added a poll , that should show the general opinion on the topic.

Topic: Will BTC reach $600 during the first month of the new year? - page 79. (Read 80100 times)