Bitcoin Forum

Bitcoin transactions are forming a higher transaction rate on trading platforms and spikes indicate the price at $500 within 7 days.

This estimated value also considers the flow of positive Bitcoin talk, speculation and rapid new entries into the market.

Information fluctuations have spiked to a point of sharp crash or boom upword with the chance of no rapid activity being 2.1% based on past memberships to Bitcoin related material.

Sudden increased interest and attention always equal either a rapid negative or positive effect, depending on what may be considered negative/positive (in this case Bitcoin price going up or down).

False perceived success could push Bitcoin to $2000+ -- a price that could boom even further with a huge bust based on past Bitcoin chart patterns.

Gifting with Bitcoin has become something of a norm and interest in Bitcoin naturally grows around the winter times. (why the hell did you give me Bitcoin and what is Bitcoin and how do I use it what the fuck it has no government?)

Less activity in the outside world currently has a positive effect on Bitcoin since the Internet holds most of the valuable markets. (virtual markets and technology)

As the Internet grows in value, Bitcoin will, but as governments control more Internet, error on line 2. Buy. Buy. Buy.

Nice to see a post hyping prices rather than fudding the shit out of BTC...

Sadly I need BTC price to stay low until I have my klyemax debt paid off..

I think that currently we are in a (tiny) pump-and-dump bubble because of people expectations vs Gemini exchange.
But that'll settle off in a few days. After that, I agree, we should buy more.

The sign of bigger bubbles is tiny bubbles bubbling.

I like the way you tried to create hype about the increase of price.If this happens we all will be happy but I think to reach at 500 $ within 7 days is a bit exaggeration without any serious reason.Price of Bitcoin will go up surely but step by step over the time.

If price goes up than the current ones it touches 300 $ within couple of days then I would make entry to buy more just with the purpose of trading to make some profit.I have some holdings in cold storage for long term which I don't touch in no condition.

I see you're new here.

Everything you mention above, in the first two paragraphs, describes accurately the environment right now. The part you get wrong is; these factors never have had any bearing on the price. Up down or sideways.

As much as we'd all love a giant spike I'm afraid those days are over. Possibly the halving next year will cause rapid incline, but realistically what needs to happen is wider adoption and regular real world usage.

I'm expecting slow but steady growth. Btc will be strongest if it develops into a sustainable self contained ecosystem. It's a long way from that any time soon.

OP must be high on drugs.

Bitcoin is not about to take off. Gemini is a joke, in fact the Winklevoss twins are jokers. They have no credit with Wall Street or any other reputable financial industry. Bitcoin is about to go down, as usual. It's been going down for the last 2 years now.

Interesting math...so it's been going down since 2012? You said going down for 2 years. So 2012 to 2014? Because it's been going up since January 2015. Please help me understand. I thought there was a spike to 1200 in fall 2013? Was the price even higher than 1200 in 2012?

These are my thoughts exactly. You can speculate all day and make 'educated gambles' trading it but the truth is bitcoin is nothing without an strong ecosystem. I'm bullish very long term as I see tons of applications for it especially in the financial world. Right now, bitcoin doesn't help the average person enough for them to use it.

I've heard various numbers, many suggesting 1 million participants in Bitcoin users.  What if each user gave $5-10 dollars worth of BTC to friends/relatives at Christmas, so that to use it they have to put in some effort to learn about it?

Extending that to Birthdays, how many people do each of those 1 million people know?  Is that not helping yourself by helping others?

Technology is increasing at a rapid pace each and every year, month, day, hour, minute, millisecond, microsecond, etc.

Bitcoin can only increase in value unless destroyed by government, authorities, regulation, laws, etc.

The idea of paper money will die along with the dollar, euro, yen, ruble, etc.

In the end the zeros and ones will win.

World domination ran by technology so sophisticated it could replace many humans attempting the impossible task of managing value, power, control, influence, etc.

price need stabilizing, but increasing slowly is nice.

as much as i would love to see another big spike in price which will lead to big profits for my investments in bitcoin, i would much love to see a slow but steady growth.
i think it is better to see price go up a little bit every week rather seeing a huge pump followed up by bigger dumps.

i believe this just a little while then will down again fast, sorry i suggest you to sell your coins now before to late

Btc can only increase in value huh.. so what do you call the last 18months?

Bitcoin has existed for more than 18 months.

ya this sight is rare to see. prices have been steadily going up over the last week. its sbout 253 usd rn, hope the trend stays  :D

I also don't see any valid reason to go price over $500 within this month, i think price can go to this by the end of this year and this would have more chance as per some trading signals showing this.

Sorry OP, I am very optimistic person, but the realist in me says that we will end up this year in the current price ranges. I just don't see anything at the moment that is upcoming and that would spark up the price so high upwards as you suggested.

Of course, in Bitcoin world you never know and I always leave a little chance that something unplanned will happen in the near future that will send the prices through the roof.

Doesn't look like your 7 day 500 USD mark will happen.. Unfortunately.

I do see a slow upward trend forming again, let's just hope something like the XT debate doesn't interfere again like last run to 300+

most people realize the whole xt thing won't last very long. there are now 2 versions of xt client out. both versions have around 200 nodes each connected at the moment. not much to worry about.

It will come.

Those lying spikes... :'(

The only question is whether the next spike will be lower or higher than the last...

The 7-day doubling didn't happen, but I wouldn't call this uptrend slow.
The price seems to be increasing by more than a percent every day.  :)

It will get to $500 I believe in information technology.

Some people still don't understand how easy it is to comprehend value systems.

New fresh waves of (information savvy) generations are >in<coming.

Internet enabling new people to money systems everyday and these new people prefer BTC type systems.

The internet  does not stop or sleep.

Information never stops coming.

Open 24/7

We rely on just 1s and 0s more and more everyday. Never halting.

Suppressive technology will constantly be blown away by hackers always a step ahead of any known government systems.

Higher or lower, a spike is a spike and every one will be happy on that one. The real question is when will it happen? Or will it happen again?