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Title: 300$ Hit Post by: scox on July 11, 2015, 01:16:32 PM Well guys. Opening new thread on the rocket soaring of BTC in the last week.
Kind of angry couldn't get to buy more but I am very interested in what the more experienced members think about it. Is it just speculation like the 1200$ soar? Or... Greace China? Litecoin? What, what is it. Lets discuss it please as many here have many different opinions. Title: Re: 300$ Hit Post by: |Bitcoin| on July 11, 2015, 01:21:46 PM Will stay at 300 for a long time. No more hyip haha.
Title: Re: 300$ Hit Post by: doublemore on July 11, 2015, 01:23:48 PM Well guys. Opening new thread on the rocket soaring of BTC in the last week. Kind of angry couldn't get to buy more but I am very interested in what the more experienced members think about it. Is it just speculation like the 1200$ soar? Or... Greace China? Litecoin? What, what is it. Lets discuss it please as many here have many different opinions. $300 is not hit yet on finex but might happen in a few minutes as we seem to be on a stealth pump. Title: Re: 300$ Hit Post by: scox on July 11, 2015, 01:24:46 PM Hmm. I'm in this world since btc was 6 bux, and I still can't imagine what is going to happen. I am no economist but this situation is really weird.
Title: Re: 300$ Hit Post by: Scamc0p on July 11, 2015, 01:25:18 PM But tomorrow will it still rise or fall down hard? It is all over the news for tomorrow's decision :-X
Title: Re: 300$ Hit Post by: scox on July 11, 2015, 01:28:03 PM But tomorrow will it still rise or fall down hard? It is all over the news for tomorrow's decision :-X What decision? :o :o :oTitle: Re: 300$ Hit Post by: Herbert2020 on July 11, 2015, 01:33:28 PM we haven't actually get past the $300 mark yet but we are getting there.
i think this time this rise is going to continue forward and we are going to see much higher prices, i don't know if we can reach the $1200 mark yet but $300 is definitely not the end of it. Title: Re: 300$ Hit Post by: lottery248 on July 11, 2015, 01:51:03 PM bitcoin is soarin'
i am glad that our god is arriving, because the true librety is applied by more people. however, i cannot get bitcoins since it is expensive. Title: Re: 300$ Hit Post by: scox on July 11, 2015, 01:52:09 PM Is it going up? Is it going down?
AND WHY?! Title: Re: 300$ Hit Post by: okae on July 11, 2015, 01:57:58 PM we haven't actually get past the $300 mark yet but we are getting there. i think this time this rise is going to continue forward and we are going to see much higher prices, i don't know if we can reach the $1200 mark yet but $300 is definitely not the end of it. i agree with you man, atm we are 2-4$ from 300$ so is just a question of hours that we reach it, i thin we are into a new sky rocket yes? ;P maybe we will not reach 1200$ but we will see how the price rise a lot in the next weeks, i hope so... :) Title: Re: 300$ Hit Post by: Amph on July 11, 2015, 02:08:21 PM maybe better to move this in speculation, i'm still waiting for 500, 300 is an easy target right now, only a matter of time until we consolidate it
Title: Re: 300$ Hit Post by: ShamrockHannah on July 11, 2015, 02:11:47 PM Man I reckon it's gonna keep on rising. The world is changing faster than ever. With economic crisis a lot more countries are gonna turn to the bitcoin in the near future, then we'll see how high the price goes
Title: Re: 300$ Hit Post by: lexuz on July 11, 2015, 02:26:20 PM Great just hit $300 we jumping high in this week, i'm waiting reach to $400, this gonna happen next month?
Title: Re: 300$ Hit Post by: ransomer on July 11, 2015, 02:27:31 PM maybe better to move this in speculation, i'm stoll waiting for 500, 300 is an easy target right now, only a matter of time until we consolidate it Yes, I'm predicting a 400 or slightly above target for this year. Title: Re: 300$ Hit Post by: ransomer on July 11, 2015, 02:29:48 PM Is it going up? Is it going down? AND WHY?! One reason is...It caught up with itself. If you look at the curve and take away the bubble to 1100 completely, and just extend the curve from before the bubble to now... then you will see that 300-330 is where we should be now, and around 400 or slightly above by year's end. Title: Re: 300$ Hit Post by: scarsbergholden on July 11, 2015, 02:41:23 PM Great to see bitcoin back in the rally for 300, if by the case of the mondays dump we dont pass 275 back again we could be at 300 all next week, i can say that 300 would be the new floor in till monday comes.
Title: Re: 300$ Hit Post by: philipma1957 on July 11, 2015, 02:41:51 PM Is it going up? Is it going down? AND WHY?! One reason is...It caught up with itself. If you look at the curve and take away the bubble to 1100 completely, and just extend the curve from before the bubble to now... then you will see that 300-330 is where we should be now, and around 400 or slightly above by year's end. interesting logic, but I like it. Title: Re: 300$ Hit Post by: LiteCoinGuy on July 11, 2015, 02:42:42 PM Title: Re: 300$ Hit Post by: philipma1957 on July 11, 2015, 03:28:45 PM and we are now at:
295 coinbase 294 btc-e 300 may crack open and get passed or we may fall down to 260 by monday so what will it be on MON 260 or 310? place your bets. Title: Re: 300$ Hit Post by: lorylore on July 11, 2015, 03:31:34 PM As far as i saw today the max price that bitcoin had was 298$ and not 300$. I hope today will reach it.
Title: Re: 300$ Hit Post by: cellard on July 11, 2015, 03:38:53 PM It was obvious we would reach 300 this month. We still have 20 days to go before the current month ends, plenty of run to surpass it and even maintain the price above the 300 range.
Title: Re: 300$ Hit Post by: Hopalong on July 11, 2015, 03:45:09 PM bitcoin is soarin' i am glad that our god is arriving, because the true librety is applied by more people. however, i cannot get bitcoins since it is expensive. It is more expensive when the price go up and fewer will be able to buy... What i wonder if the prices for stuff you buy for bitcoin is going down at the same rate. If not the price for using bitcoins is higher than last week.... Title: Re: 300$ Hit Post by: unamis76 on July 11, 2015, 03:57:49 PM the "1200$ soar" wasn't only speculation...
As for this time it's most probably whales swinging the order books :D Title: Re: 300$ Hit Post by: randy8777 on July 11, 2015, 06:12:17 PM it might go over $300 for a short time, but i don't think it will stay above $300. but we don't know as always. if large traders are willing to protect that level then we might advance to higher levels.
Title: Re: 300$ Hit Post by: ransomer on July 11, 2015, 09:07:49 PM it might go over $300 for a short time, but i don't think it will stay above $300. but we don't know as always. if large traders are willing to protect that level then we might advance to higher levels. We will see. I' think it will. If there is another dip it will be short. Generally I think it will end the year around 400 (and 1000 next year but that's another discussion). Title: Re: 300$ Hit Post by: newIndia on July 11, 2015, 09:14:12 PM Is it going up? Is it going down? AND WHY?! One reason is...It caught up with itself. If you look at the curve and take away the bubble to 1100 completely, and just extend the curve from before the bubble to now... then you will see that 300-330 is where we should be now, and around 400 or slightly above by year's end. interesting logic, but I like it. Correct. Without Willy bot we were supposed to be here, where we are now... Title: Re: 300$ Hit Post by: skeletonbit on July 11, 2015, 09:46:09 PM If we are seriously going to break 300, I dont think we are just going to blast past it and forget it.
http://www.tradingmemes.com/wp-content/uploads/2014/03/52e3902ea9bcb.png Title: Re: 300$ Hit Post by: dinda22 on July 11, 2015, 10:43:01 PM I hope when it reached $300 bitcoin prices will stabilize or it will be increased, not like the previous one, which had reached $295 then down again to $229 :)
Title: Re: 300$ Hit Post by: mpow on July 12, 2015, 01:43:14 AM Just HIT. 301
Title: Re: 300$ Hit Post by: nicked on July 12, 2015, 02:03:28 AM 308.42 on Bitfinex.
Title: Re: 300$ Hit Post by: goxed on July 12, 2015, 02:09:14 AM Who's buying and why?
Title: Re: 300$ Hit Post by: freedomno1 on July 12, 2015, 02:09:20 AM 308.42 on Bitfinex. Not bad at 301.80 on Bitcoin average But it did pass $300 so sentiment is good to pass that round number obstacle ;) https://bitcoinaverage.com/#USD Title: Re: 300$ Hit Post by: fryarminer on July 12, 2015, 02:36:08 AM bitcoin is soarin' i am glad that our god is arriving, because the true librety is applied by more people. however, i cannot get bitcoins since it is expensive. It is more expensive when the price go up and fewer will be able to buy... What i wonder if the prices for stuff you buy for bitcoin is going down at the same rate. If not the price for using bitcoins is higher than last week.... Sure people can keep buying. They just have to stop thinking about Bitcoin in full numbers. But a fraction of a Bitcoin. Title: Re: 300$ Hit Post by: Brewins on July 12, 2015, 02:42:56 AM Chances are it will stay in 300 for a while and then dump back to previous levels, like happened at least a couple of times before
Title: Re: 300$ Hit Post by: thebigtalk on July 12, 2015, 02:44:04 AM 308.42 on Bitfinex. Based on eCoin.eu chart, It's at $302. Well I guess this is it. It will stay on $300 for a week or so. If it stays up for 3 weeks straight, it will be the new price. Happy trading to everyone! Title: Re: 300$ Hit Post by: funtotry on July 12, 2015, 02:50:27 AM We are hitting 300 on btc-e very very soon, I don't think that we will be dipping below 300, maybe by a couple dollar but it looks mostly positive from here on.
Title: Re: 300$ Hit Post by: coinableS on July 12, 2015, 02:51:55 AM Chances are it will stay in 300 for a while and then dump back to previous levels, like happened at least a couple of times before Chances are nobody knows what the honey badger is going to do. Looking at the 1D chart is this a triple top at $300 ready to go back down? Or did we form a hard floor at 215-220 and now we're headed back up? Is this the start to another bubble? Nobody knows so just sit back, bitcoin is driving. Title: Re: 300$ Hit Post by: funtotry on July 12, 2015, 03:07:33 AM Look at the charts on btc-e, litecoin is going straight up! I hope it hits 5$ by tonight?
And btc just took a small drop Title: Re: 300$ Hit Post by: CEG5952 on July 12, 2015, 03:09:52 AM Look at the charts on btc-e, litecoin is going straight up! I hope it hits 5$ by tonight? And btc just took a small drop LTC Will be steady at 4. It will probably hit 5 some time soon but just a temporary pump IMHO. Title: Re: 300$ Hit Post by: prodigy8 on July 12, 2015, 03:21:53 AM Now that $300 is behind us. Let's talk about $400 :D
Title: Re: 300$ Hit Post by: jonald_fyookball on July 12, 2015, 05:03:40 AM I think it may fall back to the high $200s at some point unless demand keeps up with the 3600 daily issuance. however, when the block halving occurs, expect price to double.
Title: Re: 300$ Hit Post by: waterpile on July 12, 2015, 05:07:59 AM Now that $300 is behind us. Let's talk about $400 :D 400 is too much for now, lets say the range of $300 - $310 next week Title: Re: 300$ Hit Post by: nuff on July 12, 2015, 06:15:08 AM The psychological level of $300 has been breached, it should maintain at that for a while, maybe continue to rise for a few more days but I'm convinced 300's the new 266 now. I wouldn't want the price to skyrocket in such a short time as that would hinder adoption and utility and that's not good. I'd rather have bitcoin stabilize as it has been for the past year. With price stability, and with developments to identify problems and to improve the protocol (as exposed by the stress-test) Bitcoin is becoming more a currency now than a commodity to be hoarded and held. But one never knows, with the whispers of a coming financial crisis sometime 2015-2016 that's even bigger than 2008, Bitcoin might just explode again. Interesting times ahead, but all in Bitcoin's favour no less.
Title: Re: 300$ Hit Post by: Amph on July 12, 2015, 08:25:30 AM Who's buying and why? People need bitcoins to pay for their VPNs and drugs. vpn are very cheap, i was buying those with 0.008 or less, can't be the reason... Now that $300 is behind us. Let's talk about $400 :D better to talk about 350, 25-50 per step seems the best aim of the current slow pump I think it may fall back to the high $200s at some point unless demand keeps up with the 3600 daily issuance. however, when the block halving occurs, expect price to double. so we should hope that the price will not fall for an entire year under 300? a bit pretentious i believe that miners are dumping less if they are not in urgent to pay their bills, if they see the price rise i'm sure they are not that stupid to perform a blind dump and losing value Title: Re: 300$ Hit Post by: HarHarHar9965 on July 12, 2015, 09:27:31 AM But tomorrow will it still rise or fall down hard? It is all over the news for tomorrow's decision :-X What decision? :o :o :oThe decision about the Greece loan default is going to take place today and with its involvement or rather, rumors of involvement with bitcoin considered as a viable currency to use. However, I find bitcoin is a currency of a lot of flaws at the moment and unfit to be Greece's much needed savior. Today's decision will have a heavy effect on the price level of bitcoin either way. Title: Re: 300$ Hit Post by: fryarminer on July 12, 2015, 02:02:46 PM But tomorrow will it still rise or fall down hard? It is all over the news for tomorrow's decision :-X What decision? :o :o :oThe decision about the Greece loan default is going to take place today and with its involvement or rather, rumors of involvement with bitcoin considered as a viable currency to use. However, I find bitcoin is a currency of a lot of flaws at the moment and unfit to be Greece's much needed savior. Today's decision will have a heavy effect on the price level of bitcoin either way. A lot of flaws? Like what? Stress testing and indecision about block size isn't really that big of a flaw. Title: Re: 300$ Hit Post by: funtotry on July 12, 2015, 02:12:19 PM $310 at the moment, nothing to complain about ;) Hell yea, we are going to the moon!And litecoin has gone up too, now at the 0.017/btc mark, maybe we will break the 0.02/btc mark today! Title: Re: 300$ Hit Post by: lorylore on July 12, 2015, 03:30:34 PM Hey guys i was right on my speculation for this month was 300$ and today i see that it was 313$ and right now 310$.
Title: Re: 300$ Hit Post by: Abraham_samad on July 12, 2015, 03:37:53 PM $350 it's posibble :D
Title: Re: 300$ Hit Post by: Bitdonator on July 12, 2015, 03:44:17 PM 311 now and still rising :D
next week will be very interesting Title: Re: 300$ Hit Post by: smith coins on July 12, 2015, 08:35:16 PM We've had a great run clean through $300 and this thing could achieve orbit if we get one or two unexpected triggers. Been a nice run :)
Title: Re: 300$ Hit Post by: ransomer on July 12, 2015, 09:41:26 PM We've had a great run clean through $300 and this thing could achieve orbit if we get one or two unexpected triggers. Been a nice run :) If everything goes like it ought to I expect 400 this year and around 1000 next year. However there will be plenty of ups and down in between and the market might already now be in the process of incorporating the lower mining that will hit the market next year - so we might come in above 400 this year already. Or some of the very early people might sell off and thus keeping a lid on the price. Title: Re: 300$ Hit Post by: TheRealistMassiah1 on July 13, 2015, 02:52:09 AM $312 And still raising I think end of this week can reach $325++. ;D And $370 at the end of this Month, Yeah Bitcoin going to moon again. :P Why though ... Why is it going to the moon, are we having another Mt Gox Willy bot moment ... Like Back in 2013-2014... Volume and pricing doesn't add up to this "going to the moon" ... and plus when bitcoins get to 1,000 dollars who's going to buy it ? Why would anyone buy a bitcoin of 1,000 dollars a coin, then who would be at the end to liquidate these coins at that value.... Are rich millionaires / banks going to enter the market and liquidate your coins for you? ... Please look into the "Greater fools" theory when it comes to investments please. Title: Re: 300$ Hit Post by: funtotry on July 13, 2015, 03:26:43 AM Btc went down to 299$ on btc-e, maybe down even further. And litecoin down to about a 4.9, above 5 on bitfinex.
Idk about both of them. I am just putting 50% in each one and hopefully they both rise overnight. Bit scared actually Title: Re: 300$ Hit Post by: ransomer on July 13, 2015, 12:18:06 PM Btc went down to 299$ on btc-e, maybe down even further. And litecoin down to about a 4.9, above 5 on bitfinex. Idk about both of them. I am just putting 50% in each one and hopefully they both rise overnight. Bit scared actually They are fine. BTC is and probably LTC too. Look at the curve for BTC over the past month - it does not go up in a straight line, but in a zig-zag motion. This little dip was expected now before doing the next surge up to 330.. then dip to 290-300 again. Then surge to 345...and so on. That is my prediction. A lot of volatility. Title: Re: 300$ Hit Post by: Amph on July 13, 2015, 02:37:43 PM $312 And still raising I think end of this week can reach $325++. ;D And $370 at the end of this Month, Yeah Bitcoin going to moon again. :P Why though ... Why is it going to the moon, are we having another Mt Gox Willy bot moment ... Like Back in 2013-2014... Volume and pricing doesn't add up to this "going to the moon" ... and plus when bitcoins get to 1,000 dollars who's going to buy it ? Why would anyone buy a bitcoin of 1,000 dollars a coin, then who would be at the end to liquidate these coins at that value.... Are rich millionaires / banks going to enter the market and liquidate your coins for you? ... Please look into the "Greater fools" theory when it comes to investments please. why they must buy one entire bitcoin? bitcoin is divisible if they can affor 1 bitcoin at 100 they will buy 0.1 when it will be at 1k, that's the whole point of its scarcity, also i believe that bitcoin is not well suited for the most poor only the rich ghuy can drive the price up, average joe are facing too much this current crisis they don't have the money to invest in anything not only bitcoin Title: Re: 300$ Hit Post by: ransomer on July 13, 2015, 02:50:45 PM $312 And still raising I think end of this week can reach $325++. ;D And $370 at the end of this Month, Yeah Bitcoin going to moon again. :P Why though ... Why is it going to the moon, are we having another Mt Gox Willy bot moment ... Like Back in 2013-2014... Volume and pricing doesn't add up to this "going to the moon" ... and plus when bitcoins get to 1,000 dollars who's going to buy it ? Why would anyone buy a bitcoin of 1,000 dollars a coin, then who would be at the end to liquidate these coins at that value.... Are rich millionaires / banks going to enter the market and liquidate your coins for you? ... Please look into the "Greater fools" theory when it comes to investments please. According to your world view bitcoins is a commodity that must be invested in for a brief period and then "liquidated" back into FIAT. Such questions and such an understanding, is honestly a misunderstanding of bitcoin. Bitcoin from that view means that bitcoin is and remains what it is now - a currency that noone uses and noone stores wealth in. And people buy only for the random hope that others also buy it and push the price up long enough for one to get out again at a higher price. Just an empty shell or ponzi scheme, where the "last fool" applies. That is however a complete misunderstanding. Bitcoin and blockchain technology more broadly will be vehicles that will drive huge cost saving and thus create a lot of wealth. Much like the Internet has done and is doing. As transactions are done in btc (even if they are "under the hood" and FIAT remains the surface money for most) demand for btc will increase a lot, and with the limited supply the price of btc (the exchange rate) will not drop, but rather increase. This is economics 101. As mining rewards half next year the same demand as we have seen this year would have pushed prices even higher. Since demand has been steadily growing the effect is most likely to be even higher. All in all btc is a currency with utility over current currencies and as it is used more and more it's exchange rate to FIAT will go up. And we have not even touched the point that most FIATs are likely to depreciate against BTC on their own accord (frantically printing new money) too on top of the benefits of btc. Title: Re: 300$ Hit Post by: TheRealistMassiah1 on July 13, 2015, 03:16:57 PM $312 And still raising I think end of this week can reach $325++. ;D And $370 at the end of this Month, Yeah Bitcoin going to moon again. :P Why though ... Why is it going to the moon, are we having another Mt Gox Willy bot moment ... Like Back in 2013-2014... Volume and pricing doesn't add up to this "going to the moon" ... and plus when bitcoins get to 1,000 dollars who's going to buy it ? Why would anyone buy a bitcoin of 1,000 dollars a coin, then who would be at the end to liquidate these coins at that value.... Are rich millionaires / banks going to enter the market and liquidate your coins for you? ... Please look into the "Greater fools" theory when it comes to investments please. According to your world view bitcoins is a commodity that must be invested in for a brief period and then "liquidated" back into FIAT. Such questions and such an understanding, is honestly a misunderstanding of bitcoin. Bitcoin from that view means that bitcoin is and remains what it is now - a currency that noone uses and noone stores wealth in. And people buy only for the random hope that others also buy it and push the price up long enough for one to get out again at a higher price. Just an empty shell or ponzi scheme, where the "last fool" applies. That is however a complete misunderstanding. Bitcoin and blockchain technology more broadly will be vehicles that will drive huge cost saving and thus create a lot of wealth. Much like the Internet has done and is doing. As transactions are done in btc (even if they are "under the hood" and FIAT remains the surface money for most) demand for btc will increase a lot, and with the limited supply the price of btc (the exchange rate) will not drop, but rather increase. This is economics 101. As mining rewards half next year the same demand as we have seen this year would have pushed prices even higher. Since demand has been steadily growing the effect is most likely to be even higher. All in all btc is a currency with utility over current currencies and as it is used more and more it's exchange rate to FIAT will go up. And we have not even touched the point that most FIATs are likely to depreciate against BTC on their own accord (frantically printing new money) too on top of the benefits of btc. My brain is sadly fried for today and hemorrhaging blood (//endsarcasm) , I'll be taking a nap and i'll come back and respond to your statement concisely .. for now just think about your statement over again for me. points to look over for you --"bitcoin is not mis understood as a commodity note" it is litterally an m3 aka Intangible Asset Account -- it is technically a ponzi , how else would you liquidate your bitcoins after you have poured money into it you have to find a buyer to escape the bitcoin -- deflationary aspect of bitcoin and disappearing wallets and coins year over year --fiats depreciating against btc??? wtf -- you have no concept of store of value do you ... 1 dollar today will be 1 dollar in 10 years etc etc -- resolve and fine tune your argument points then i'll get back to you... Title: Re: 300$ Hit Post by: lorylore on July 14, 2015, 10:25:37 PM Well at first we wanted just to hit the 300$ price, but now we want to be at least 300$
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