Bitcoin Forum

i don't sure, i doubt china is still in the chinese new year, the majority have just started to work just like bitcoin.
for that matter, chinese will use the bitcoin. why chinese people don't pack the red packet to their children with bitcoin though? ???

in case of chinese people are now buying bitcoin, then this would be true. :)

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poll included.

I think we will see an up tick soon, not sure if we will reach 400 but get pretty close

I think we'll at least test 400, whether we push through it or not is to be seen.  China is already $20 above the Bitstamp price so it's only a matter of time before we catch up.  IMO we'll either hover around the 395 area for a little bit or surge through 400 to top out somewhere around 420.

i think it is possible now that i see the chinese moving in, it does not matter that they are in chinese holiday bitcoin market never sleeps and if there is a good movement i will be watching closely.

I see the Italians are having bank problems; are they coming next?

No... The Chinese are still having their holidays... Just like 12 days of Christmas, there are 15 days of Chinese New year!

yeah, that is what i was thinking. they are on holiday and as a result the amount of pressure is not going to be enough to push the price up.
what you see on their exchanger might even be because they are trying to pull a mtgox.

I think bitcoin prices will actually reach $ 400 and even more this year, a lot of positive news about it, even on facebook and I hope it will be better than yesterday's price and not go down again

I think it will reach 400 again soon, maybe indeed before 16/2. Seems that bitcoin is trying to itch back up for a while now.

Thje problem is potentially that ETH is sucking up a lot of volume and traders drawing form the attention that bitcoin should be getting. Also the profit from those coins may be sold soon (although I still think most trading is done between their own hands).

Yeah sure, many of us think that. But nobody talked about 'this year' in general this topic, we are now speculating if $400 will be crushed by 16th February, which is within a week. I personally think yes.

Might not be possible with the recent Classic drama, but well thats just my speculation.

I think it will still stay below $400 by that time. I think we will see the $400 level within this month, but it will be a very slow rise.

There's a possibility but not in the next 4 days as mentioned on the poll, more like in the next month perhaps. Although at the time of typing this, were up by 0.79% and standing at $380, I believe were going to stay a little longer on it before it starts to gradually go up further more so for now a bit of up and downs which it's like a normal day and not connected with either Chinese people buying BTCitcoin or not.

Yes. Chinese people are still celebrating Chinese New Year. Well, I'd like to receive a red packet containing Bitcoin in one way or another way. However, most adults in my country (at least those I know), do not use Bitcoin. Even if you use Bitcoin, I doubt they will give Bitcoin in a red packet as the price of Bitcoin is really unstable.

I hope so. We kept largely in the 360/380 range but lately we came to touch the 380 range much more often!!! The begining of a rise probably :)

That is very good to notice, because if the price will rise it most likely rises for more then 100 dollar, like last time from 200 to 500 within a week or something.
I hope we can see 500+ soon, I expect to see it within a month of two :)

Anyways, I have a good hope!

A $20 rise isn't that much, so I can imagine testing $400 in a couple of days, but without the pressure from China I'm not sure if that will be a long lasting price rise.

Also I've read that Switzerland is implementing NEGATIVE interest rates on bank holdings, and the FED is "studying" negative interest rates to "counter another economic slump".  BUT, it looks like gold is the winner with this news, not btc...yet

i think that bitcoin price would be reach to $400 soon but in 16/2 i think it would not be happen and i guess bitcoin will stay $400 below till that day

Of course, that's why I was talking about the hope for a new rise ^^

But 400 is incredibly resistant for sure. We won't go through this one in one or two days.

the price can easily go up around $20 in just a few minutes. we have seen this happen plenty of times already. but i think the growth to $400 will take some weeks. 4 days is not enough. before the end of february it will be at $400.

If the price goes to $400 for very short period, it is possible. It would be better for the price to stay above it for longer.

yeah, that's why i prefer the price to take a little bit longer to reach the $400 level instead of a peak that breaks through that level within a very short time. building up serious buy support takes time, that's why slow growth is the best possible growth.

it's possible of course. we've been moving around $380-390 since yesterday. in few days we might return to $370-$380 or hit $400.

i vote yes because 10-20 USD increase is always possible to reach in a short time.
besides i believe that when the ETH pump ends there is a lot of money coming back to bitcoin which is going to push it up.

I think yes..hitting 400$ nowadays is not hard and highly possible. I think most of the world stocks are currently trading in red, it will support bitcoin prices to raise.
So, my vote is yes..

You can replace that question with: Are the problems being fixed?

Answering that questing will also answer the question if the price will go up or not.


Considering bitcoins problems and limitations at this point I believe it's still highly overpriced.

and the fact that worldwide people are now finally buying back into gold makes that a more attractive investment.  The saying "if you cant hold it you dont own it" is something a lot of people go by in times like these

do you really think that if they were to fix th e scalability issue right now, the adoption will skyrocket? are you really so naive?

it will change nothing, adoption is slow and need something else to be here

In my opinion 400$ will be reached soon but only 4 days? I would give a bit more of time, could be two weeks to reach the 400$. The economy is going down, stock markets are having very bad days, bitcoin is increasing the number of companies that work on its ecosystem, and we have the halving event on few months.

Nothing is broken or damaged when it comes to Bitcoin. Stop spreading nonsense. OP : I really can't see the price touch $400 in a matter of days. It will take much longer.

I voted yes because I'm optimistic, the beginning of the next week will be exciting and i hope it will reach $400

I do not think this will happen, maybe next month but not this month its to early.
If we wait one month its possible for sure the bitcoin just need some time for it to rise a bit.

we are currently stuck in the trading range $350-410 for a (in Bitcoin terms) longer while. For now, I don't see any fundamental developments to push the price in one or the other direction. Therefore, it is possible to go to $400, as this is still within the range we are bounded, and such a $20 move wouldn't need much effort. Sure, it is possible.

wow, holy shit. seems numbers of people agrees that bitcoin will go for $400 within 16/2. :o
thanks everyone joined this poll, let's see if it really does.

Stop spreading lies. Bitcoin doesn't scale and doesn't offer much protection in terms of privacy.

@amph of course it won't magically skyrocket bitcoin but it is one of the first requirements for it.

I think price can reach or pass 400 within 16 this feb as we can see price already touching 390 today.

I too feel the same as today it almost reached $400 (just a few dollars less). I bought bitcoins when it was $460 and I just want the price to rise over the amount and I'll then sell and buy more bitcoins. Till now I've not managed to make a lot of profit as the price was $375-$385 for the past 2 weeks.

we are just $12 away from reaching $400 which makes it very likely that it will happen this month. china is already over $400 and i am sure the other exchanges will follow china.

I agree with most of people here, 20 dollars is not a big rise, now is 388 at coindesk. So in few days we can see price rise even aboce 400 $. We will see what will sony do next month and about steam will they accept bitcoin as I saw somewhere.
Anyway I would like to see price over 500 $ that would be a nice surprise.

Yes it is possible, in fact I saw a recent price reach of $397, so $400 is very near, but there is no guarantee of stability...
It is possible only if BTC reaches $412 - 420 range...

looks like this prediction thread is coming true 2 days earlier. i only hope that the bitcoin price stays up above the $400 resistance line and not fall back down again after a short while.

It ain't a resistance dude, it's still the support line S2, S1 is at $420 and the break even seems to me at $450...
If it breaks that, then we are sure to see $500 in no time...

I didn't expect it to become reality, but we are just $1 away from reaching $400 right now at Bitfinex. I only hope that when we do reach $400 that we don't fall back to $380's again. We have seen this happen way too often.

Getting close (https://bitcointalk.org/index.php?topic=178336.msg13878961#msg13878961):

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2F7fvpazd.png&t=561&c=23AhksRAnrRVcg

OP your speculation is becoming true, we are still 2 days until your target but the price is very near to 400, at the moment $398.1

now, it is clear that the call was very good. The real question is how long we are able to stay above $400 and whether we are able to attack the $410-415 zone.
Getting $400 was easy, the really nut to crack is above that.

Well we know that the price of bitcoin is unstable but i think it will stay for few weeks at $400+ and maybe will go at $450+ at the end of the month or the beginning of March.

this was already happened bitcoin price reach 401 USD on satoshindex and 399,8USD on Preev, i'm sure we gonna reach $420 next month

I think it will be very hard to break the resistance we have above, i.e., the zone between $410 and $415. We don't have other arguments rather than speculative, about the next pump starting.
I don't see the next pump right now, as we are still relatively far from halving.

I saw the price of $400 already in some exchanges. But that is not very significant. The price is very volatile.

Given that we're currently at 399,51$, I think that it is highly possible to reach this price on February 16th.

$400 is back.
Let's hope our baby continues to rise a bit.
China will be back in the markets tomorrow so I think we will have good chances to hold this range.

Well bitcoin has reached $400 already. Hopefully this will keep going up and not back down again.

It will be very difficult to maintain this rise on absolutely no news. The resistance zone I mentioned in my earlier posts, just above $400 has stopped us already couple of times. It won't give up that easily.

Well I wouldn't have bet on that but seems you were riiiiiiiight...

400$ is reached so I guess we can say it's all done. You were right on this one buddy. But look out for the resistance, not sure we'll go any higher than the 400.

I half expected that we'll shot past through $400 to $410 or more. guess the big pump isn't here yet.  :-\
hopefully the price will raise steadily and not get dumped again like last time.

You were right, it happened and bitcoin is really close to $400, even though it already reached the amount you predicted, it's still a good question if it will stay up like this or if it will come back down again.

Not so sure about a steady increase. In fact I don't think it'll go above the 400. Simply because it's a huge ceiling for everyone, they'll all go dumping as hell.

seems op has made a correct prediction. bitstamp and btc-e have gone above the $400 price level while bitfinex was struggling with a +1000 btc sell wall at $400. i really hope we will advance further and build up a strong support above $400. as long as that doesn't happen, the price can still go back to where we were a few days back. at this point there is no support at all.

It's already been done the price today is 404 and i think it will still gradually increasing i think the price will rise above 410 after that the price will slowly down again to 380. im not sure if it will happen but get ready for the price fluctuate just watch every hour or minutes sometimes the fluctuate is jumping rise to $500. so just keep watching and ready for exchange...

I don't expect jumping to $500 on no news. I think that the strong resistance that is just ahead of us, at $410-415 should end this rise.
For now, there is nothing to sustain it further. Daytraders should soon cash out on their gains and put back their buy orders below $380.
Rinse and repeat.

Yes but OP say Feb 16. Anyway the price could keep 400 at least until that date.

I think so. The prediction could be very accuracy if the price stays above $400 by that date. I hope it will.

Lol, you think this jump will come out from where?

Don't worry, no chance for the price to just "jump" like this.

That is a good prediction. Today is the 16/2/2016. The price is over $400. What is your next prediction?

i am gonna predict one more of them soon, however lemme get some of the news about bitcoin.
:)

Well if you get right like that all the time I gonna follow you ;D

That could be just one time luck. But it is good to see the price recover. I also want the price to stay here.

I shall predict the bitcoin will be $500 within 16/4. It could go higher in May or June due to the halving effect.

$500 is just $70 away from the current price. It is reachable during a small pump. It is more difficult for the price to stay above the level.