Bitcoin Forum

https://hackpad-attachments.imgix.net/purseio.hackpad.com_pVwWHiGiv9o_p.295532_1447465449714_2013_BF.png?fit=max&w=882

Bitcoin rise to $1000 at 29nov 2013
any chance bitcoin will rise again to $1000 at Black friday ? 27 NOVEMBER -2015

nah, i don't think so everyone would expect it, it will follow a new pattern this time, 500 would be hard already to achieve in 10 days or so

Doubt it, even with the pump and dump few weeks back bitcoins barely managed to stay at $500
Let alone $1000 in just a few weeks :(
Though, im positive the price will increase greatly ::)
Plus with halving that coming few months from now it could be really great price pump ;)

Why not, we have seen large jumps before within a couple of days for no apparent reason so a jump to $1000 is not impossible, it would be a surprise but not that much of a shock although $500 would be more of a natural increase.

This is world of possibilities and it can happen to reach 1000 $ is not that high target to think impossible.In recent speculation price were increasing in $50s and it can happen again.It is matter of time if some investment poured in bitcoin surely we can see 1000 $ again by Black Friday .

Can't think of a reason of why the price could reach $1000 in a matter of around 11 days. The peak to $1000 back then was driven by huge loads of demand. Every one was going nuts to buy theself even 0.5BTC just to benefit from the peak as people were thinking it would rise way higher than $1000. Currently we don't have that kind of demand to make such a large price jump.

What, in 10 days? No way! Why would you think that we might get so far up in only 10 days?

because pump does not come because we are near something, like for example we are near 400 but it will take a while before we can actually sustain that wall

like it was for the 300 wall, 1k is possible yes but it's all about what chinese want, because they are the one that cna pump this in no time

You are lucky if you see 400$ again this November. You can see 1000$ only in your dreams, not in reality. There's no reason/fake news to %300 price jump.

400 is barrier if pass then price may go sky high or not
we can expect another rise maybe this year but just maybe

Well there's halving coming next year. That hype alone will most likely drive up the prices of at least double that it is today. All that will happen way before the halving because speculators. But bitcoin going $1k a pop will most likely not happen this month.

I agree with the ones that said it is hard to even pass the 400$ barrier this november, but at the same time nothing is impossible like we saw weeks ago the price jump to +500$ in few days; chances that the same thing happens again is 1% imo  :)

If major players would take the risk for a pump this coming Black Friday we may see another $400 before November ends, that is, if they would risk going for a pump. It's not likely though, they have already profited early this month.

Of course there is a real chance for 1k in the next few days... well, it's something next to zero, but still greater than zero, so it could happen :).

Can't see it happen within 2 weeks. I don't even think the Bitcoin Black Friday will cause the price to go even higher. People will purchase goods and the coins will get converted to fiat directly.

Sure could happen. We went to 500 in less than a week from mid 200's. Probably won't though.

No i don't see bitcoin rising to $1000 at black friday, but it's possible to reach targets like $370-$380.

No chance at all as much as I would love to wake up to that price... The trend is different now, just like for any year since no one remembers what was the price exactly last year this time, so it won't happen neither now just because once it went that up... a lot more should be taken into effect for the price to go that up and certainly those criteria's are not into effect as of now and I doubt it will by then

With current trend it looking much hard to reach $1000 on that Black Friday maybe we will see little rise there and it can go up to $600 after it is stable at new price floor.

Yup Bitcoin price unpredictable i am pretty sure about this it can go up to $1000 or more than 2013, it is world of possibilities and anything can happen.

I think 2016 Black Friday will have a much better change for a $1000.- coin.

always be a chances to hit that price but i think this is will not happen in this month and also i think we wouldn't see the price above $500 anymore in this year

Not this year.

I'd say about 0.1% chance, no more than that. I really don't think we will ever see $1000 any time soon. In 10 years, surely, but not before.

No this is very unlikely. Of course never say never, but the chance this to happen is lower than 1%.
I would be happy with $400.But even that seems hard to achieve.

I don't believe rising to 1000 $ in just 10 days, it will be an 300 % incresing. Before needs to pass 400 $ and 500 $ . If it grows as a rocket it could fall fast another time. Its better to grow slowly.

i doubt it that it might be possible for this to happen but i will hope that this is possible and that i will make some profit by trading then

thats a really optimistic idea though i believe that it is possible as once it has already happened why cant it happen again?

Have you ever seen 2 pumps in a short time? Graphics need to rest. We can't see any big price jump for at least 2-3 months.
2016 will be very interesting though. Block halving is coming in July.

No way,i hear people speculation about a price drop and a price rise. Sure you want to make money but remember most prices rises of bitcoin were caused by nothing and thus the bubble grew.
Price drops are mostly caused by hacks/bad news. So yeah you can't predict them.

Of course anything is possible but I don't think this is the case. If the conditions would be said about a month then maybe...

are you sure with your coment ? i think it's easy tp hit $400 at this month, some hours ago bitcoin reach $350 and now stable again at price $330 aren't you think this is accumulation price ?


that's right anything could happen

People should be mass buying their black friday purchases with bitcoin for that to be possible probably.

But if they were smart, they would stock up on their bitcoins for purchase before that day, spreading the buy pressure and keeping a lower avarage buy price.

So 1000 by black friday seems very unlikely to me.

More like it'll go lower, since all people who accept BTC will be cashing out..

this still doent mean anything but i dont think i will happen maybe to pass 400$ barrier but that is all 1000$ is still much for this month

and why? i don't remember that any festivity has ever brought a big crash in the past, it was the same, they do not influence the market

this mean only one thing, average joe are not involved with bitcoin too much, they don't hold many or otherwise like you said they would have dumped at every festivity to buy their useless stuff

okey up to you :)
we will see it break $400 $500 $600 $700 $800 $900 then $1000

im not sure 100% but i hope it bitcoin can reach it

The chance of bitcoin hitting $1000 on black friday is highly unlikely by the looks of it

The chances of this happening is really slim

No

$650 in 10 days is too much even for BTC, at least in the current stage of adoption

dunno even 650 seem high right now for this to happen
optimistically will be over 450 maybe
im optimist and expect that but this may not be the case

I think he means to say that merchants will cash out all the sales they make on Bitcoin Black Friday. It does make sense. All sales will get converted to fiat currency instantly.

I would be happy if the exchange rate rose in 10 days to $500 though because in recent weeks he walks around $300 and doesn't want to be fixed at least $400.

my point is that merchants can cash out at any time why in the festivity exactly? merchants actually cash out as soon as possible, they do not wait a specific time unless they believe that the price is going to increase in the near future

Maybe... Does China observe Black Friday?

Back in 2013  there was much more hype from general BTC bumping, i do not think it was much influence from black Friday, i hope i am wrong, we will see in 29th.

nothing will happen or it will price is going down at the moment so maybe it will be black Friday for price to go below 300$ and i mean we dont want that do we

Nobody will spent bitcoin now because the of the low value and the price crash, maybe it will increased but not till $1000

The only reason for a pump right now would only be so that the pumper can unload their bag at higher price. We rose from ~220 to 300+ and it seams stabile, but that
was with insane amount of good news and mostely also because no VAT decision in EU, and recently it seams that everything is going downhill from the legal side, so i wouldn't be surprised if we return to
~200-250 instead of going up.

i dont think this might happen because such price was only once in a whole history and it wont rise so fast in my opinion

I agree with vendetahome, But there might be a considerable price increase on Black friday.
My prediction is somewhere around the $500 mark.

No chinese have a bigger day than black friday at 11-11
source : http://www.forbes.com/sites/liyanchen/2015/11/10/chinas-singles-day-is-already-bigger-than-black-friday-now-its-going-global/

anyway  rate some hourse ago 
https://i.imgur.com/1W6yfRr.png

LOCALBITCOIN hit $468  :D

Well we are all hoping for that but I can't see that coming. Don't expect too much. Personally I'm a bit worried that bitcoin price may go lower instead cuz of this : http://www.coindesk.com/european-union-to-crack-down-on-bitcoin-after-paris-attacks/

Localbitcoins...... Hah.
Price displays should be limited to liquid exchanges.
This resembles the fat finger moment at the Gemini exchange.

I highly doubt we'll reach $1000 on black friday. We got a steady $300 going on, I think we should be satisfied for that right now, compared to the beginning of this year.

So I don't expect much change when black friday comes around.

According to me, reaching 1000$ in just 6 days is just impossible. However, a 100$-200$ increase is still realistic.

Probability ZERO.

 All the current news about Bitcoin is NEGATIVE, there is nothing to support any sort of a major price jump upwards.

 The last spike is OVER, now we're back in "drift down to actual support level" mode barring any new major news, with aid being given to the downwards-drift force by the current EU "tighten regulations" news.

Not going to happen, there is not enough demand.

I don't think Chinese people care about Black Friday. No chance.
I still believe we will see little raise around december.

in my opinion its nearly impossible to reach such heights

i highly doubt that bitcoin can rise so instantly to a thousand dollar price in just a one day though i hope that this will happen

How do you come up with one day? I have been searching through this thread, and nowhere it says one day  :)

Not in a long shot.

Let's hope it will rise at all. The fiat used to buy bitcoins, will be converted from btc to fiat again to cover up cost (for merchants).

maybe max 100$ for price to change 200$ is too much at least for this small time (few days left)
also more will be for price to stay how it is

black friday -> people want to buy things -> people buy things with bitcoin through bitpay -> bitpay converts BTC to $ to pay the merchant.
So, I wouldn't count on it.

With a little bit of thinking you must agree it's a clear,

 nope it won't ;D

and also why they should choose bitcoin as a payment(those that are not using it now) when they have always done good with fiat? there is no reason

Ok this could happen, but if we follow logic it is not likely to happen anytime soon, dreams can become true tho :P

I'm really hoping for it ! We all will have win win situations ! Only sad part about it happening are the transaction fees .I hope they don't rip us apart with the transaction fees.There are slime chances of it happening it though because a jump this big from the rate at the moment seems not likely happening .

4 days to go and i'm strongly doubt the price will reach to $1000 at Black friday
because it's very impossible i think bitcoin price can reach up to $1000 only in 4 days

Bitcoin isn't going to go anywhere near 1k again anytime soon, especially not because of blackfriday. People aren't going to be buying coins especially for it and will just spend their existing coins if at all. Probably not much point spending btc when there will likely be much better deals in fiat stores.

Already left too little time so the price has soared to a specified course. So we will wait and hope that it will happen at least until the end of the year.

Haha you did good on buying those coins but don't let your hopes go too high! To pull this off is too much, even for Bitcoin!

No way, it can't see $1000 this year. Maybe next year but it needs at least a month run without any decrease.
Let's accumulate coins while we still have a chance.

I do not think that black Friday will affect bitcoin price in that extreme way that you want .. We still have a journey to reach 1k $

No

you got that right it wont hit 400 not less 1000 to many optimistic people here but hope that im wrong

Most of the spending will probably be done by the early adopters. Many of those folks don't earn very much fiat at their day jobs, and in many countries, it's better for tax purposes to buy something with bitcoin then to transfer out fiat.

im expecting it to go up, although i dont think its going to nearly triple in value it should still go up a bit if people decide to use btc for transactions that take place on blackfriday.

The more people that decide to shop online and pay with btc, the better it would be for the price of btc.

It can go up a bit maybe to 500$ again but not to 1000$. Unless some big new money come into the game: right now we see no new big money.
We had the China job at the beginning of November and that stopped. We're sideways again.

If Bitcoin price were to rise due to Black Friday we would have already seen it start doing so by now. Doesn't look like it's happening. The people who going to spend bitcoins on Black Friday are those who already have it to spend. If anything, the Black Friday Bitcoin event will just raise awareness of Bitcoin. And even with increased awareness from the published numbers from the event, people will have already spent their disposable income in fiat.

exactly. also, the black friday is no reason for the price to go up. it's just 1 day in the year that is only different because people can get a good deal. that's it.

This could happen and hoping it does. Just look at single's day in China. That was a record breaking day for online sales for them and that is like their Black Friday.
This year should be huge due to bitcoin being more well known and used by many more people than a year ago at this time.

I don't see this happen.

Consumers buy and merchants will sell to fiat again to cover up cost. Even in the case it would rise, it would be temporary.

A lot of shop will have promotions this year. So I am not certain what will happen.

There is a chance we will see a like 5% increase, but nothing big I think

Price is going down instead of going up. I don't want to see red charts in black friday. :(
Stamp 319$ right now.

There is no chance the price of bitcoin will go to $1000 on Black Friday. It will not even go to $1000 by the end of the year.

It did have a nice run for 4 hours. From that all the way up to $339. But fell back down now.
Was hoping for Black Friday to be big for bitcoin but it isn't looking that way now for the slide back down suddenly.

some small price change is happening but not this big maybe we will hit 500 by end of year

Yes quite sharp raise in bitcoin price levels. Anything is possible with bitcoin prices, so we can expect even $1000 levels also. But personally I feel this mark is too far may be testing $600 or $700 are within reach on the event of this Black Friday .