Topic: Will it hit $1000 again? - page 5. (Read 15492 times)
we will definitely hit $1000 again, I just think it will be a gradual increase rather than that meteoric rise we say back in Nov/Dec 2013
It will be interesting to look in a couple of months to see how the bitcoin holdings have changed. Will the recent price gyrations have increased the concentration of bitcoin holdings, or aided in the dispersal of bitcoin to newer hands, personally I would bet on the former.
The market is beginning to look a little orchestrated, the accuracy of a number of predictions (to the day) not even the week/month is slightly suspicious. Would it surprise anyone if they discovered that a chosen few are still able to move coins from gox to bitstamp, despite the exchange shutdown. At $300 a coin they could split the profit with gox and the only losers are those in the community not in the know. (ie most of us).
In the meantime we can get ready for the next pump, whilst those early adopters who for various reasons want out at the moment continue to get out.
The market is beginning to look a little orchestrated, the accuracy of a number of predictions (to the day) not even the week/month is slightly suspicious. Would it surprise anyone if they discovered that a chosen few are still able to move coins from gox to bitstamp, despite the exchange shutdown. At $300 a coin they could split the profit with gox and the only losers are those in the community not in the know. (ie most of us).
In the meantime we can get ready for the next pump, whilst those early adopters who for various reasons want out at the moment continue to get out.
I think if anything, the smaller holders of bitcoins are the ones who panic sold. The larger holders added more coins to their portfolios at cheaper prices...
aaaaaaaaand.... it's bouncing back already! 
Been holding out for it to get back up to $1000 USD again. Anyone think it will get back up there any time soon? Any guesses?
igive two weeks There would actually need to be some critical flaw in bitcoin for prices to go that low. Not the flaw like Gox is stating...
Gox is just trying to spread propaganda and induce a panic into the market. What they are blaming onto the Bitcoin protocol has been known for years and we never had any major issues with transaction malleability before. One thing everyone needs to ask themselves is "why talk about it now?". Gox is pretty much just playing the blame game for some transaction issues that was caused on their end and not due to the Bitcoin protocol. If their goal was to bring the market down, then they succeeded in doing so.. but since no one can withdraw their fiat or bitcoins, it's pretty much an empty market. The only people who will come out on top of Gox's fiasco is Gox themselves, most of their members are going to lose out big time. I hope other exchanges doesn't follow down Gox's path and start throwing their own FUD against the network's protocol either."TRUST IN THE COIN"
As far as BTC going back up to the $1000s, I wouldn't hold my breath for that to happen any time soon. I'd say maybe within a 3-4 months time, we might see prices getting closer to the $1000s mark... but only if Gox or some other major player in Bitcoin doesn't screw it up by manipulating the market again.
I've read many times, I think even in this thread it was suppose to hit $1k again already...so it really is anyone's guess on what will happen. I'm a big chicken and overly cautious and just buy 2 BTC at a time. Can't really afford to lose money anyway.
it'll definitely bounce back ... it always has.
+1
Its reminds me
moving large volume with algo-quants strategy
http://youtu.be/GAGaReF9LaI?t=6m46s
It will be interesting to look in a couple of months to see how the bitcoin holdings have changed. Will the recent price gyrations have increased the concentration of bitcoin holdings, or aided in the dispersal of bitcoin to newer hands, personally I would bet on the former.
The market is beginning to look a little orchestrated, the accuracy of a number of predictions (to the day) not even the week/month is slightly suspicious. Would it surprise anyone if they discovered that a chosen few are still able to move coins from gox to bitstamp, despite the exchange shutdown. At $300 a coin they could split the profit with gox and the only losers are those in the community not in the know. (ie most of us).
In the meantime we can get ready for the next pump, whilst those early adopters who for various reasons want out at the moment continue to get out.
The market is beginning to look a little orchestrated, the accuracy of a number of predictions (to the day) not even the week/month is slightly suspicious. Would it surprise anyone if they discovered that a chosen few are still able to move coins from gox to bitstamp, despite the exchange shutdown. At $300 a coin they could split the profit with gox and the only losers are those in the community not in the know. (ie most of us).
In the meantime we can get ready for the next pump, whilst those early adopters who for various reasons want out at the moment continue to get out.
I think there is a psychological barrier between gold Vs bitcoin price ... gold investors not really happy with it ... and they are powerful ...I would use btc to certifying gold bullion bars like http://www.coindesk.com/bullion-bitcoin-launch-gold-bitcoin-exchange/
like http://www.coindesk.com/bullion-bitcoin-launch-gold-bitcoin-exchange/ There would actually need to be some critical flaw in bitcoin for prices to go that low. Not the flaw like Gox is stating...
Gox is just trying to spread propaganda and induce a panic into the market. What they are blaming onto the Bitcoin protocol has been known for years and we never had any major issues with transaction malleability before. One thing everyone needs to ask themselves is "why talk about it now?". Gox is pretty much just playing the blame game for some transaction issues that was caused on their end and not due to the Bitcoin protocol. If their goal was to bring the market down, then they succeeded in doing so.. but since no one can withdraw their fiat or bitcoins, it's pretty much an empty market. The only people who will come out on top of Gox's fiasco is Gox themselves, most of their members are going to lose out big time. I hope other exchanges doesn't follow down Gox's path and start throwing their own FUD against the network's protocol either."TRUST IN THE COIN"
As far as BTC going back up to the $1000s, I wouldn't hold my breath for that to happen any time soon. I'd say maybe within a 3-4 months time, we might see prices getting closer to the $1000s mark... but only if Gox or some other major player in Bitcoin doesn't screw it up by manipulating the market again.
Since everyone here says it will pump back up eventually over $800, you are buying coins I assume them now right? Or if you aren't buying coins, maybe not that confident in your guess it will rise again?
When you can buy a new 7950 graphics card on ebay for under $300, then you can start getting worried.
When prices start going that low we will be getting them for 50USD in the end....hope that does not happen.
There would actually need to be some critical flaw in bitcoin for prices to go that low. Not the flaw like Gox is stating...
It's almost impossible to make a profit if you buy when market sentiment is high and sell when market sentiment is low. Do the opposite of what you feeeeel like doing and you will most likely come out on top.
This is just like sports betting...in regards to doing the opposite of what you feel
When you can buy a new 7950 graphics card on ebay for under $300, then you can start getting worried.
When prices start going that low we will be getting them for 50USD in the end....hope that does not happen.
it'll definitely bounce back ... it always has.
The price of mining hardware is remaining steady, so in general people know it is still worth investing in the market long term.
When you can buy a new 7950 graphics card on ebay for under $300, then you can start getting worried.
The price of mining hardware is remaining steady, so in general people know it is still worth investing in the market long term.
When you can buy a new 7950 graphics card on ebay for under $300, then you can start getting worried.
We'll be there by April or May most likely. Right now, we're finally establishing the post bubble floor. Once we hit the price that people feel comfortable with and maintain it for a couple months, we'll go up again. That's how it works.
China will remove their restriction to bitcoin once they have obtained high enough coins then pump it high enough so late comers buy at a high price
It's almost impossible to make a profit if you buy when market sentiment is high and sell when market sentiment is low. Do the opposite of what you feeeeel like doing and you will most likely come out on top.
Again, no it won't, but my tax attorney said that I need to stop betting on this stuff, so I won't be betting any more with fiat or bitcoin. If it does hit $1000 again (which I know it won't because of sources), then I'll send the next person to post...my guitar pick and one of my socks.
You just said you can predict the future. Are you being serious? Can your "sources" predict the future?
I'm terrible at math, have no idea about stocks, trades or anything of that nature but do know one can't predict what will happen in the future.
As I'm typing this I have not yet hit the post button. I predict I will click on the post button and I won't die and something bad won't happen right before I click it. 100% Guarantee.
Let's find out!!
Hint: If you are reading this, I predicted the future.
Are you still alive? Or did something bad happen?
I think we will hit $1000 again sometime in 2014, but we have had a lot more bad news lately than most people anticipated, especially the ones thinking $10k/btc in 2014. The masses still arent fully ready for bitcoin because of the risks and some of the difficulties if you are computer illiterate.
I am optomistic about btc future and value, i just thinj we need a longer time table than most had hoped.
I am optomistic about btc future and value, i just thinj we need a longer time table than most had hoped.
Tell me almighty teacher will it go back up to $800? $900? I'm ready to buy at a low price and don't know!!!!!! Lowest it has been in a while.
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