Bitcoin Forum

https://i.imgur.com/Ezq2DPc.jpg?1

i think chinese will hit 4000CNY at end of this year
we know chinese market is crazy bull

hold your bitcoin guys

wa. It is really good! IMO from the chart the next target should be 3000 Yuan, which is more realistic.

bitcoin price is quite stable in this few days because the price is always above $300
i'm glad to heard it and i hope this is not only a speculations and will really happen

$600 within two months? Hmm....with BTC everything s possible but I do go with $500. Even that would be very optimistic development. I would also expect much higher price as we get closer to the next halving.

so half of the last ath is repeating itself in about the same time-frame(end of november, first days of december) and this due to chinese again, no surprise there

Yes now are entered into the same time-frame like we had in 2013 with bullish Chinese market i also think this is great time to saving our coins and hold them we can see the maximum price for BTCitcoin even more than 2013.

That is wonderful something great happening again after a long time so that i am much to look over price chart because i am ready to see the highest price for bitcoin.

What Chinese did say the next target will be 4000CNY ?? The first logical step is to break through the 3000CNY barrier first before having a fantasy over anything above that. This month promises to be a very interesting one with huge loads of volume and good day trading opportunities. Since exchanges as Bitstamp and Bitfinex aren't following China as they used to do, it doesn't matter if Huobi reaches $400. Other exchanges will stay below that. China has to reach at least $430-$450 in order to make stamp and finex reach $400.

Wow that volume! :o
But $600 is a bit too much I believe. I stay conservative and go for $450.I would be quiete happy with that.
But this is indeed a great picture to start the day with. :)

But i am also hopeful this time bitcoin will cross this barrier, this time it more promising than ever with steady rise in price so target for this $450 is still looking nice and we will be there this time.

If you draw lines in this manner you can predict any price you want.. Looks like they just picked some random peaks and valleys to draw the lines...

If this is indeed a repeat of November 2013, it will be extremely exciting! Also good time for alts :)

OP is this your opinion, or have you actually heard about this from some Chinese people? Because if this is only your opinion, OK, it's not that I don't respect it, but anyone can come with a prediction like this.

Thanks for clarifying it!

Yes i am also interested to know about what is the source of this great inside news because i did so many research about this today but got no valid answer for this next range of price ???

How many people do you interact with on a daily basis? Just curious if it's the entire 14 million.

I'm fairly certain it was their opinion - they start their post with "I think", and the subject ends with a question-mark. I assumed they were asking whether we agreed with their analysis of the BTC/CNY chart.

There is very small possibility for bitcon to reach $600 and stay there for some time within 2 months. It might go to $600, but drop below it quickly.

i doubt it unless he is really famous with a great youtube channel or something, just trolling i guess

this will not exclude a possible speculation made by few chinese bits, mini willi bot or whatever

How do we know he's a human being? He could be a super computer running Shanghai's traffic with some extra time on his hands. That being the case he could easily be eavesdropping on every single conversation.

It's way too early to think in terms of the price reaching $600. We need to settle above $400 first, which is already a huge challenge. My guess is $400 before the end of the year.

if the market runs smoothly as it is today
very easy to hit $600 at end of this year

$450 at end of nopember
$600 at end of december

 ;D ;D

you are !!!

The above number is possible. I would like a much slower and steadier rise.

$350 at end of November
$400 at end of December

4 sounds like "die" in chinese, so 4000 might not be a good number in chinese eyes.

I hope we pass 4000 to 5000 quickly, because if bitcoin stays too long at 4000 maybe chinese will not want to buy it.

Once we get to 6000 and 8000 we can see some fun price action though.

you can open https://bitcoinwisdom.com/markets/huobi/btccny
price at Huobi $354.84/2249.09 CNY

it's very easy to get $400 at HUOBI

When chinese say then the chances are good to reach.
I really would be happy if the price will reach $600.
I think we should focused to the price of $400 then gradually rise to $600

The lone wolf of shangai

 If will come official news that China legalise bitcoin we will see 600$
Imagine Alibaba accepting bitcoin one time again.Finally China will legalise btc,becouse thay dont want leave bitcoin in shadow

600 $ before ending 2015 its a great increase of value, one month ago we could buy bitcoins at 200 $, This was 3x price. Some traders will sell before that price. We need more positive news about regulation of btc in china before going to 600 $.

when the price was $220-$240 people were constanly doubting whether to buy or not. and now you see the price increased with $100. those who bought are happy now.

lets hope you are right though i dont think that it is possible

My original price target for end of 2015 was $300. Now it seems even $500 is possible. The price has risen fast.

dude if that happened, we would see at least $2000 in a very short amount of time

It is way too early to draw such a conclusion. I am not saying it is impossible, but it will be really hard to push all the markets like Mt. Gox did. I know that biggest Chinese exchanges do not have trading fees, but still the most difficult part of it is still in front of us.
 

current rate at Huobi $397.09/2516.4 CNY
The highest rate $402/ 2550CNY

yay!!!!  ;D

im true

The price rise is quite mad at present. I begin to doubt the sustainability of this dramatic rise. What is behind this rise?

Mavrodi's Ponzi and the use of bitcoin to enter it.

gemini, eu vat free, chinese unofficially limit the restriciton about bitcoin, some random manipulation + noobs get sucked in + panic buy

the same story for every pump, random good news + panic buy

Systemic failure of the Economic system

China buying hundred tons of gold and now interested in Bitcoin

http://www.zerohedge.com/news/2015-11-02/reason-bitcoins-recent-surge-revealed (http://www.zerohedge.com/news/2015-11-02/reason-bitcoins-recent-surge-revealed)

This is a good read regarding why we are having this chinese train to the atmosphere.

So I guess this is a reason then. Yes, this was one of the good news and the biggest contender by far for this huge run.

I guess that Bitcoin will strive the most on the failures and bad luck of other governments and their financial systems. This is why Satoshi has designed it and released it. To help people all over the world get rid of governmental clamps and to show governments that there are other ways, not just their way.

hold on. None of the news you mention is something to rely on or to start the spark. Some usual suspects that are repeated every time the train starts to roll on.

Gemini - no updates on the details of the launch date, nor operation. still a 'project that will be launched soon'. Since more than a year.
eu vat free - for now nothing changed in Germany or Sweden. The statement you mention has zero effect on regulations.
chinese lifting the restrictions - who really knows that?
manipulation - more probable, no evidence however and hard to get any.

1) gemini has been trading for some time now..
2) the ruling has been made EU wide
3) btcc today reopened direct chinese banking deposits..
4) of course..as always..this time upwards instead

And you can transfer money directly from a Chinese bank in to Chinese exchanges.

https://www.btcc.com/news/article/btcc-now-accepting-direct-bank-deposits

BTCC Now Accepting Direct Bank Deposits
Nov 02, 2015

Recent bitcoin price increases have reignited enthusiasm in buying bitcoin. BTCC is confident this trend will continue. As such, we are pleased to announce that we now accept direct deposits.
 
Customers now need only log in, click on “Account,” then “Fund,” and then select the “Bank Deposit” option to fund their BTCC accounts through their bank accounts. All customers who have Chinese bank accounts will be able to make direct deposits through ATM transfers or online banking.
 
BTCC will stop accepting customer deposits through agents on November 15.

The Next target 4000CNY not 3000 :)
trust me

price will be down to 2600-2700 after reache 3000 but after it "the crazy pump " will be start again
we wil hit 4000CNY

I think 2013 we went up 250+ in one day, why would it be any different this time around, vastly more dollars can enter and panic buy

hemmm i like " panic buy " it's make me rich instan hahaa  :D
bitcoin price now is a good choice for trader, we can double the money only in 1month

Only in 2 weeks we get double price, i so depressed aleady sell my coin in the price $390 but it's okay im happy to see bitcoin to da moon

chinese say next target 4000CNY ? / $600
no no chines say next target 1,000.00 USD   =   6,336.81 CNY
real target is 63336 yuan 10000$ 1 btc

That is the real situation of many traders here. It is just a bubble, you can not expect when it will burst out. I believe you will be happier when the bitcoin Prise will hit again around #300 levels.

BTC-E resistance levels at 454 and 667.

you are lucky because you sell at $390
i sell my btc at ~$330

and now i hold only ~0.3BTC



agree it
we will rich if we can sell at $10.000 again  :D

i not i have only 80 btc.

yeahh only ?
you are rich man :)
congratulation to your win at bitcoin holding and believer

i hope oneday i can have 80BTC too

At the current rate, only billionaires can afford 80 BTC

I think $800 is possible by the end of the year. In bitcoin world, when things move, it can move very fast.

In bitcoin word, $800 is possible by the end of the week ;D

(I don't say it will happen)

Bitcoin price did not reach $800 by the end of the week. We can predict again $800 by the end of this year. It is quite possible.

.. .... 80 BTC is only $28k...  I could buy that.. I am not even close to a millionare.. even a 100 000are..

I do agree it is quite possible to see price over 600$ at this weekend or by the end of next week.It is a correction time and hype is still at the peak.So hold on for good profit and I do same.

bit is not possible if the condition now. I think it will rise again occurred before the new year 2016. I am very confident .

There is no specific reasons for the price to rise dramatically at present. There are blockchain adoption news for some time now, but that is the reason for the last mini bubble.

If the Chinese economy(the real economy, not Bitcoins) continues to improve and they hit forecasts for next year, I don't see them having a positive impacts on Bitcoin.

I see Bitcoin testing the sub $300 levels as well as trying to break $400.  Have fun with the ride.