Will it hit $1000 again? | Bitcointalksearch.org

PoolMinor

legendary

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Quote from: STT on September 05, 2020, 07:59:18 PM

Quote

Being defeated is often a temporary condition. Giving up is what makes it permanent. -Marilyn vos Savant

1000 would require capitaluation more then profit taking, different size of magnitude. The bigger picture always matters more and everything else is froth comparatively. Chart since 2013 peak

Since you missed it before and did not understand my attempt to show the people of the past that it would indeed get back above ( in 2015) $1000. I changed the subject line of my post to $10,000 to illustrate the same point.

Thanks for the graph it looks wonderful.

Holding until $250,000, and re buying when it hits the 85% drop.

Edit: Probably should lock this thread.

STT

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Its a pullback with a small p still so I'm only look at 200 day average for a target in long term considerations. The decline is quite slight but steady

1 hour bars and 2 day average overhead, so a steady decline without much hesitation or challenge especially will have some upset but in the bigger picture its quite fair and only a return to price of the July and before. Each horizontal line here represents some significance to the longer term. 10500 has been a ceiling recently but on this particular chart I'd mention 10200 area as somewhere to watch for these days going forward. 50 and 200 day averages also are likely to be checked and I expect buying to occur before that long.

Quote

Being defeated is often a temporary condition. Giving up is what makes it permanent. -Marilyn vos Savant

1000 would require capitaluation more then profit taking, different size of magnitude. The bigger picture always matters more and everything else is froth comparatively. Chart since 2013 peak

PoolMinor

legendary

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XXXVII Fnord is toast without bread

Yes

dothebeats

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Quote from: Amph on February 26, 2015, 09:52:51 AM

Quote from: virtapayseller666 on February 26, 2015, 07:45:07 AM

Quote from: gkv9 on February 26, 2015, 07:42:33 AM

Quote from: uki on February 26, 2015, 06:13:57 AM

Quote from: virtapayseller666 on February 26, 2015, 05:11:56 AM

in year 2016 price will above 500$

that remains yet to be seen.

Yes, it yet remains but ain't impossible... Wink

And so, just waiting to see the trends break it towards the upside now as there were so many triangular patterns formed and needs to be broken...

500$ in 2016 is possible if we people help bitcoin community by holding bitcoins and share about bitcoins to all

500 is too low for the next halving, and it is super possible for sure, hell 500 could be achieved right now...

Could be, yes. But apparently we are not seeing that range in the time being.

dothebeats

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It will, under the right conditions. The next halving might as well bring us near to that price, but until then we could only speculate. Even the $500 range is for us yet to see.

Amph

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Quote from: virtapayseller666 on February 26, 2015, 07:45:07 AM

Quote from: gkv9 on February 26, 2015, 07:42:33 AM

Quote from: uki on February 26, 2015, 06:13:57 AM

Quote from: virtapayseller666 on February 26, 2015, 05:11:56 AM

in year 2016 price will above 500$

that remains yet to be seen.

Yes, it yet remains but ain't impossible... Wink

And so, just waiting to see the trends break it towards the upside now as there were so many triangular patterns formed and needs to be broken...

500$ in 2016 is possible if we people help bitcoin community by holding bitcoins and share about bitcoins to all

500 is too low for the next halving, and it is super possible for sure, hell 500 could be achieved right now...

virtapayseller666

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Quote from: gkv9 on February 26, 2015, 07:42:33 AM

Quote from: uki on February 26, 2015, 06:13:57 AM

Quote from: virtapayseller666 on February 26, 2015, 05:11:56 AM

in year 2016 price will above 500$

that remains yet to be seen.

Yes, it yet remains but ain't impossible... Wink

And so, just waiting to see the trends break it towards the upside now as there were so many triangular patterns formed and needs to be broken...

500$ in 2016 is possible if we people help bitcoin community by holding bitcoins and share about bitcoins to all

gkv9

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!!! RiSe aBovE ThE StoRm !!!

Quote from: uki on February 26, 2015, 06:13:57 AM

Quote from: virtapayseller666 on February 26, 2015, 05:11:56 AM

in year 2016 price will above 500$

that remains yet to be seen.

Yes, it yet remains but ain't impossible... Wink

And so, just waiting to see the trends break it towards the upside now as there were so many triangular patterns formed and needs to be broken...

uki

legendary

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Quote from: virtapayseller666 on February 26, 2015, 05:11:56 AM

in year 2016 price will above 500$

that remains yet to be seen.

virtapayseller666

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Quote from: uki on February 25, 2015, 05:37:44 PM

Quote from: neurotypical on February 25, 2015, 12:48:40 PM

Quote from: txbtc on February 25, 2015, 01:59:32 AM

I think if the Winklevoss ETF gets approved and launched, we'll see a huge panic buying and big correction. If that happens, we could be at $1,000 or more in next years

This coupled with the Gemini exchange should give us a nice bull rally.

But now we are speaking about 2016 at least. So far the news has been they won't make it this year.

in year 2016 price will above 500$

pa

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Quote from: wayneyoyo on February 25, 2015, 04:22:13 AM

Quote from: uki on February 25, 2015, 04:17:33 AM

Quote from: Omikifuse on February 25, 2015, 01:44:53 AM

Never before BTC failed to reach the former ATH, no matter how big the fall and even if it takes some time.

I doubt it will be different this time

That is an interesting observation. However it does not take into account the level from which the price started. Starting the bubble from $1 or even $ sub1 is much easier than from where we are right now. In other words: growing say 100 fold from nothing to $100 a coin is relatively easy, growing another 100 fold is not.

It really would not be that big of a deal for the price to go up another 100 fold. The issue is that there are few sources of money that could potentially cause the price to go up that much. The last bubble was likely the result of hedge funds trying to buy up a lot of bitcoin, but I don't see any similar source of buying

There are many many hedge funds and other institutional investors that have not yet dipped their toes into Bitcoin.

uki

legendary

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Quote from: neurotypical on February 25, 2015, 12:48:40 PM

Quote from: txbtc on February 25, 2015, 01:59:32 AM

I think if the Winklevoss ETF gets approved and launched, we'll see a huge panic buying and big correction. If that happens, we could be at $1,000 or more in next years

This coupled with the Gemini exchange should give us a nice bull rally.

But now we are speaking about 2016 at least. So far the news has been they won't make it this year.

neurotypical

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Quote from: txbtc on February 25, 2015, 01:59:32 AM

I think if the Winklevoss ETF gets approved and launched, we'll see a huge panic buying and big correction. If that happens, we could be at $1,000 or more in next years

This coupled with the Gemini exchange should give us a nice bull rally.

Beliathon

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https://youtu.be/PZm8TTLR2NU

Sooner than you think.

Shiver

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Quote from: picolo on February 25, 2015, 10:22:13 AM

Quote from: opentoe on December 16, 2013, 05:24:24 PM

I have coins from mining, so I really didn't buy any. I guess I can hold on to them for a while and see what happens. I usually don't have time to even check on BTC prices daily, but when I was selling my minted coins for $1k each I got spoiled.

You bought hardware and paid for electricity but never had to go through third party exchanges or exchange on localbitcoins.
You just sit, watch your miners and collect your bitcoins.

In hindsight, when I was (GPU) mining, all the hassle, component failure, extreme heat and noise, and cost of course, it would have worked out about the same price just to buy rather than mine. Hindsight being 20/20 and all that...

picolo

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Quote from: opentoe on December 16, 2013, 05:24:24 PM

I have coins from mining, so I really didn't buy any. I guess I can hold on to them for a while and see what happens. I usually don't have time to even check on BTC prices daily, but when I was selling my minted coins for $1k each I got spoiled.

You bought hardware and paid for electricity but never had to go through third party exchanges or exchange on localbitcoins.
You just sit, watch your miners and collect your bitcoins.

Shiver

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I got involved in May 2011, and if you had told me then that it could even reach $50, I flat out wouldn't have believed it possible. Bear in mind what the charts looked like back then, with unchartered territory up ahead and some massive spikes (that look like mole hills today).

I watched an Andreas Antonopoulos video the other day, which I think was from 2014 Q4 or thereabouts. He's known for not wanting to get drawn into speculative discussions about BTC price, but he did say that he thought 2015 would probably be the last year we will see sub $1000 prices.

uki

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Quote from: wayneyoyo on February 25, 2015, 04:22:13 AM

Quote from: uki on February 25, 2015, 04:17:33 AM

That is an interesting observation. However it does not take into account the level from which the price started. Starting the bubble from $1 or even $ sub1 is much easier than from where we are right now. In other words: growing say 100 fold from nothing to $100 a coin is relatively easy, growing another 100 fold is not.

It really would not be that big of a deal for the price to go up another 100 fold. The issue is that there are few sources of money that could potentially cause the price to go up that much. The last bubble was likely the result of hedge funds trying to buy up a lot of bitcoin, but I don't see any similar source of buying

That is why it will be much more difficult to get another 100-folder now. I repeat, it is quite a different story to get a 100 fold growth of a project that is in the very early start up phase (that was the case with Bitcoin 2-3 years ago) and a project that is already mature to some extent and got some attention from broader public (Bitcoin now).

wayneyoyo

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Quote from: uki on February 25, 2015, 04:17:33 AM

Quote from: Omikifuse on February 25, 2015, 01:44:53 AM

Never before BTC failed to reach the former ATH, no matter how big the fall and even if it takes some time.

I doubt it will be different this time

That is an interesting observation. However it does not take into account the level from which the price started. Starting the bubble from $1 or even $ sub1 is much easier than from where we are right now. In other words: growing say 100 fold from nothing to $100 a coin is relatively easy, growing another 100 fold is not.

It really would not be that big of a deal for the price to go up another 100 fold. The issue is that there are few sources of money that could potentially cause the price to go up that much. The last bubble was likely the result of hedge funds trying to buy up a lot of bitcoin, but I don't see any similar source of buying

uki

legendary

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cryptojunk bag holder

Quote from: Omikifuse on February 25, 2015, 01:44:53 AM

Never before BTC failed to reach the former ATH, no matter how big the fall and even if it takes some time.

I doubt it will be different this time

That is an interesting observation. However it does not take into account the level from which the price started. Starting the bubble from $1 or even $ sub1 is much easier than from where we are right now. In other words: growing say 100 fold from nothing to $100 a coin is relatively easy, growing another 100 fold is not.

Topic: Will it hit $1000 again? (Read 15429 times)