Bitcoin Forum

I can see quite a few announcements and yet the price has not been going positive this last few months.

To those who think the price will rise, are you expecting something to happen in the near future and if so what do you think will move the price up?

announcements are useless, there were tons of them in the past and guess what we are still in the same range as we were in january, if you don't directly invest with money and not with words, nothing will change

i'm waiting for the halving at the moment, because i know that it's the only thing that will move this mess

ETFs, Gemini, any government that might make any positive announcement about adopting Bitcoin or even acknowledging it, even if some major bank would do the same.

Halving will also definitely have an impact on Bitcoin price in my opinion.

Yes that is correct and also if any big companies announce they can accept bitcoins to purchase their products then it will be a good news for the bitcoins to move prices and also if any governments accepts it as an legal currency then that will be very good news for bitcoins.

Regarding ETF and Gemini.It has been really quite since a few months.Does anybody know what the Winkle guys are doing? Do still wait to get "fully regulated" to make everything right? We have seen a few ETFs coming up now and nothing to hear from these two.
Furthermore I doubt that another exchange will have any impact on Bitcoin's price.

I also believe nothing big will happen this year. Next year to halving we might see some bigger movement.

I just posted a question about Gemini on another thread.  I guess we were both wondering the same thing and composing at the same time.

I think it's just an American system. Everything has to be covered by the law, all the licences need to be obtained. That's why it takes as long as it takes. Look at the BitLicense mess and what every single exchange needs to fulfill just to be able to operate in the US.

It's a bureaucracy and all of the interests that need to be fulfilled.

When the debt system starts to crack and people look for an exit.

Isn't that already happening right now? As always, people only act when it's too late.

OP : I only can think of WallStreet announcing it will officially invest in Bitcoin (the coin) and not in Bitcoin related startups. That will give the price a huge boost for sure.

We saw an ETF investing in bitcoin (through GBTC) lately but I think it'd be interesting to see how this and Gemini performs in a longer term. ARK investment's web x.0 has already been performing very well, if bitcoin proves to be a good part ETF seeing more adoption of BTC in this space could likely benefit BTC. While they didn't invest directly, awareness on high profile investors is always good. ARK even released a whitepaper and a series researching bitcoin so awareness among their investors must be very good.

Has BTC's value ever risen because of an announcement? The only one I can think of was the senate hearings during late 2013. The price went mental as positive words came out. It was primed to blow anyway.

No, but we can't deny that when we had news from Greece back in June the price surged. Then it was nothing and we came back to the old pattern.

There are some news stronger than others and when that happens BTC price shakes for the good or the bad.

I clearly remember that when Russia banned BTC a while ago the price never recovered from that news.

So, only in terms of price, yes some announcements do have their say.

Bad news undeniably gets the job done repeatedly. It seems to a far more resistant to the good stuff but that rarely affects people holding coins right now unlike the doom.

I think the biggest announcement we need is a consensus on this block limit debate. Once that is out of the way, confidence will build. Current users would resume buying and investments can grow. With the next halving in July, the combination will surely boost the price to higher levels.

http://www.cnn.com/2015/09/22/politics/pope-francis-america-congress-visit/

Price might sky rock if it is listed on Nasdaq.

Announcements are not as important as action
That said that ETF getting launched Bitcoin getting past the halving and forking one way or the other in terms of Blocksize
And a few Hedge Fund managers boosting the price would be good.

rising gold prices and economic damage in a country may be able to make bitcoin prices rise  :)

It is very possible that it is the next announcement, I'm sure many coin owners are waiting for that.
But if I have a coin I wont give it away or sell it to someone else.

I'm not expecting some country will be facing a crisis, but some country crisis have affected bitcoin price atm in this year, although that just few days. About this issue, I got nice articles, maybe those articles could explain some factors that affecting bitcoin price.
https://www.cryptocoinsnews.com/affects-bitcoin-price/
http://www.newsbtc.com/2015/03/13/how-will-2017s-block-reward-halving-affect-bitcoin-price/

We do not need any big announcements for bitcoin price raise. By it's nature it will double every four years. If we spread the bitcoin to every people then the price would hit the sky then moon. But, when we spread bitcoin, some new services would arrive that service announcement would be a big boost for bitcoin price like this OP said....

We need the big announcements as the trigger for bitcoin market activity. Yeah spreading bitcoin to people is a good way to make the price be higher, but it will be useless if those people dont want bitcoin in the end. We cant depend on just that way to increase bitcoin price.

It won't increase in price every 4 years (halving) without any positive incentives for the future. That is a big mistake to believe like this imo.
We need to progress the network and announcements with solid arguments, incentives to the people outside of the Bitcoin ecosystem why they should choose to use Bitcoin.Lots of work and solving issues have to be done for that.
Without bees no honey. And without honey no incentives for the consumers.

Alibaba accepting btc payment will lift the price.

But Jack Ma, owner of Alibaba, is having his own payment service named Alipay. I doubt that he will implement or agree to another service than that. MAybe he will start his own Alicoin or whatever. :D

huge companies as amazon and alibaba will do the price good for sure. but for that you'll need to have larger than 1mb blocks as these two companies will fill blocks that fast. at this point it's nothing more than a big fantasy.

The things that can move up the price of bitcoin can be thousands but unimaginable. So no one can tell one or some of those. But that I expect in order that the price of bitcoin go higher is the spread as much as it is possible of the known of bitcoin. Bitcoin must be known and possibly used by as more people as it was possible. Only in this way will be bigger the number of those which will want to own some of those, only in this way will increased the demand for bitcoin and only in this way it is for sure that will be increased even the price of bitcoin. A solid increase which will not be a bubble like the bubble of MtGox.