Bitcoin Forum

Economy => Speculation => Topic started by: LiteCoinGuy on June 03, 2016, 07:43:09 PM



Title: Bitcoin is going crazy yo
Post by: LiteCoinGuy on June 03, 2016, 07:43:09 PM
https://i.imgur.com/CTrdPrA.png


Title: Bitcoin Price Passes $570 for First Time Since August 2014
Post by: Ted E. Bare on June 03, 2016, 07:48:10 PM
The price of bitcoin is up more than 6% today, according to the CoinDesk Bitcoin USD Price Index (BPI), reaching a level not seen in nearly two years.


Title: Re: Bitcoin is going crazy yo
Post by: alpher on June 03, 2016, 07:58:39 PM
$2000 peak, $800 stable .


Title: Re: Bitcoin is going crazy yo
Post by: 600watt on June 03, 2016, 08:23:31 PM
$2000 peak, $800 stable .



$4500 peak, $1100 stable.


Title: Re: Bitcoin is going crazy yo
Post by: Dafar on June 03, 2016, 09:27:36 PM
$2000 peak, $800 stable .



$4500 peak, $1100 stable.



$7000 peak, $3000 stable.


Title: Re: Bitcoin is going crazy yo
Post by: Boba on June 03, 2016, 09:28:05 PM
$5900 peak, $1400 stable.


Title: Re: Bitcoin is going crazy yo
Post by: European Central Bank on June 03, 2016, 09:30:50 PM
$700 something dollar peak. Settling back to 500s. Or am I gonna get slapped for that?


Title: Re: Bitcoin is going crazy yo
Post by: bitebits on June 03, 2016, 09:43:22 PM
$700 something dollar peak. Settling back to 500s. Or am I gonna get slapped for that?

Just put it here and quote yourself in case you were right. Today we can't argue your statement.

@OP: it would be nice having a scale on the Y-axis as well.


Title: Re: Bitcoin is going crazy yo
Post by: 1Referee on June 03, 2016, 09:50:32 PM
No doubt about we reaching a new ATH at some point, but it will definitely not happen this year. I can see $700 as the highest price of this year.


Title: Re: Bitcoin is going crazy yo
Post by: The Sceptical Chymist on June 03, 2016, 09:52:31 PM
Happy about the rise in bitcoin, of course, but I'm more excited that I actually made a profit on Lisk and WAVES, which turned 0.33 btc into 0.501 btc.  That's what I consider a big win for me, as I don't bet a lot of money on these altcoins.  So I'm totally cool with the value of the bitcoin I made going up.  And let it keep going up!


Title: Re: Bitcoin is going crazy yo
Post by: ImnotOctopus on June 03, 2016, 09:56:07 PM
$800 would be my guess as the highest peak for this year to $1000.

Lets see what will happen in the following days and weeks.


Title: Re: Bitcoin is going crazy yo
Post by: Luthier on June 03, 2016, 11:46:59 PM
$2500 peak, $1200 stable.


Title: Re: Bitcoin is going crazy yo
Post by: hendra147 on June 03, 2016, 11:52:18 PM
$800 would be my guess as the highest peak for this year to $1000.

Lets see what will happen in the following days and weeks.

like my prediction, I do not see bitcoin will go much more than $1,000 this year. but it is the highest peak $800-1000 and stable price $500-600


Title: Re: Bitcoin is going crazy yo
Post by: tntdgcr on June 03, 2016, 11:53:18 PM
LTC guy , are you sure ur not BTC guy now =p :) I love it friend.


Title: Re: Bitcoin is going crazy yo
Post by: Fakhoury on June 04, 2016, 12:04:36 AM
$2000 peak, $800 stable .



$4500 peak, $1100 stable.

With respect to all, but this is the most likely to be.


Title: Re: Bitcoin is going crazy yo
Post by: chesthing on June 04, 2016, 12:21:47 AM
Happy about the rise in bitcoin, of course, but I'm more excited that I actually made a profit on Lisk and WAVES, which turned 0.33 btc into 0.501 btc.  That's what I consider a big win for me, as I don't bet a lot of money on these altcoins.  So I'm totally cool with the value of the bitcoin I made going up.  And let it keep going up!

Waves isn't tradable yet, knucklehead.


Title: Re: Bitcoin is going crazy yo
Post by: 2015Bubble on June 04, 2016, 12:23:40 AM
$2000 peak, $800 stable .



$4500 peak, $1100 stable.

That would be really great if I can dump at 4.5 and buy back at 1 :D


Title: Re: Bitcoin is going crazy yo
Post by: Biodom on June 04, 2016, 12:24:18 AM
$2000 peak, $800 stable .



$4500 peak, $1100 stable.

I like this one as well, makes the most sense to me.
The only question-would it be a single peak or a double, like in 2013.
If the latter, ostensibly we could have a bigger peak and trough in 2017.
Timing of the first peak in 2013 was about 5 mo after halving, then a second one (bigger) in another 7 mo.
Similar peaks time-wise would be in December of 2016, then June 2017.


Title: Re: Bitcoin is going crazy yo
Post by: mtnsaa on June 04, 2016, 12:26:48 AM
LOL, there's no way Bitcoin will pass $1000, you guys are on crack. The last bubble burned a lot of people and it was actually justified, Bitcoin was gonna be the very next thing, many people actually believed that.

This is just a bull rally before the halvening but it won't last because there's no buzz behind BTC anymore, it actually has a lot of bad buzz if you ask me. So crossing that $1000 barrier would be impossible in my opinion but I can see it reaching a peak of $700-800 to then slowly back down to $300-400 unless there are some actual announcements or actual demand for BTC.


Title: Re: Bitcoin is going crazy yo
Post by: ajareselde on June 04, 2016, 12:30:18 AM
$2000 peak, $800 stable .



$4500 peak, $1100 stable.

I like this one as well, makes the most sense to me.

Well if that really happens, i'm buying beers. TBH i would also like to see that happen, but i just dont think this is the year it will happen.
At the best we could have 1500$ peak this year, but i sure hope i'm wrong.


Title: Re: Bitcoin is going crazy yo
Post by: 2015Bubble on June 04, 2016, 12:43:09 AM
LOL, there's no way Bitcoin will pass $1000, you guys are on crack. The last bubble burned a lot of people and it was actually justified, Bitcoin was gonna be the very next thing, many people actually believed that.

This is just a bull rally before the halvening but it won't last because there's no buzz behind BTC anymore, it actually has a lot of bad buzz if you ask me. So crossing that $1000 barrier would be impossible in my opinion but I can see it reaching a peak of $700-800 to then slowly back down to $300-400 unless there are some actual announcements or actual demand for BTC.

400 before halving, 300 after halving.
Are you aware that halving means less coins?
Great logic.


Title: Re: Bitcoin is going crazy yo
Post by: r0ach on June 04, 2016, 01:05:10 AM
LOL, there's no way Bitcoin will pass $1000, you guys are on crack. The last bubble burned a lot of people and it was actually justified, Bitcoin was gonna be the very next thing, many people actually believed that.

This is just a bull rally before the halvening but it won't last because there's no buzz behind BTC anymore, it actually has a lot of bad buzz if you ask me. So crossing that $1000 barrier would be impossible in my opinion but I can see it reaching a peak of $700-800 to then slowly back down to $300-400 unless there are some actual announcements or actual demand for BTC.

Every single bear post like this guy, all you have to do is click their post history and you instantly notice they bought a bunch of scamcoins like "waves", "lisk", and "Eth", so now they're like, "o god, please don't let BTC go up and collapse my scamcoins to nothingness!"


Title: Re: Bitcoin is going crazy yo
Post by: mtnsaa on June 04, 2016, 01:22:48 AM
LOL, there's no way Bitcoin will pass $1000, you guys are on crack. The last bubble burned a lot of people and it was actually justified, Bitcoin was gonna be the very next thing, many people actually believed that.

This is just a bull rally before the halvening but it won't last because there's no buzz behind BTC anymore, it actually has a lot of bad buzz if you ask me. So crossing that $1000 barrier would be impossible in my opinion but I can see it reaching a peak of $700-800 to then slowly back down to $300-400 unless there are some actual announcements or actual demand for BTC.

Every single bear post like this guy, all you have to do is click their post history and you instantly notice they bought a bunch of scamcoins like "waves", "lisk", and "Eth", so now they're like, "o god, please don't let BTC go up and collapse my scamcoins to nothingness!"


Lol...you have some good points even if you are trolling me. I diversify my portfolio, I only hold 2 or 3 altcoins with heavy preference on ETH but that doesn't mean that I don't hold BTC (I would say my shares are 50-50 with BTC & ETH right now). It would be great if it hits 5-10k like so many nutjobs think it will but you all know it won't, it's just not possible.



Title: Re: Bitcoin is going crazy yo
Post by: zimmah on June 04, 2016, 01:28:28 PM



$4500 peak, $1100 stable.



$7000 peak, $3000 stable.

somewhere in between these i'd say


Title: Re: Bitcoin is going crazy yo
Post by: Daneric on June 04, 2016, 01:31:34 PM
Its crazy indeed, but I don't think it will go beyond $1,000


Title: Re: Bitcoin is going crazy yo
Post by: randy8777 on June 04, 2016, 01:45:25 PM
bitfinex reached a high of $593.89 before tanking down heavily to just over $570 as it is right now. let's see how long the price will need to touch $600 for the first time. good thing is that the price difference between chinese exchanges and the other exchanges is gone. that's a good sign.


Title: Re: Bitcoin is going crazy yo
Post by: iqlimasyadiqa on June 04, 2016, 01:46:01 PM
bitcoin sometimes it makes me mad. I felt the movement of bitcoin too ekstream for a currency. however I was a trader, and I liked the bitcoin price movements. it could make me rich. but I still see the movement bitcoin crazy.


Title: Re: Bitcoin is going crazy yo
Post by: zimmah on June 04, 2016, 01:51:52 PM
LOL, there's no way Bitcoin will pass $1000, you guys are on crack. The last bubble burned a lot of people and it was actually justified, Bitcoin was gonna be the very next thing, many people actually believed that.

This is just a bull rally before the halvening but it won't last because there's no buzz behind BTC anymore, it actually has a lot of bad buzz if you ask me. So crossing that $1000 barrier would be impossible in my opinion but I can see it reaching a peak of $700-800 to then slowly back down to $300-400 unless there are some actual announcements or actual demand for BTC.

Every single bear post like this guy, all you have to do is click their post history and you instantly notice they bought a bunch of scamcoins like "waves", "lisk", and "Eth", so now they're like, "o god, please don't let BTC go up and collapse my scamcoins to nothingness!"


Lol...you have some good points even if you are trolling me. I diversify my portfolio, I only hold 2 or 3 altcoins with heavy preference on ETH but that doesn't mean that I don't hold BTC (I would say my shares are 50-50 with BTC & ETH right now). It would be great if it hits 5-10k like so many nutjobs think it will but you all know it won't, it's just not possible.



even on ETH website it sais ETH is not meant as a currency, I don't know why people believe it will replace BTC because it's not even designed to compete with bitcoin, it's designed to ADD TO bitcoin.


Title: Re: Bitcoin is going crazy yo
Post by: mtnsaa on June 04, 2016, 04:43:49 PM
LOL, there's no way Bitcoin will pass $1000, you guys are on crack. The last bubble burned a lot of people and it was actually justified, Bitcoin was gonna be the very next thing, many people actually believed that.

This is just a bull rally before the halvening but it won't last because there's no buzz behind BTC anymore, it actually has a lot of bad buzz if you ask me. So crossing that $1000 barrier would be impossible in my opinion but I can see it reaching a peak of $700-800 to then slowly back down to $300-400 unless there are some actual announcements or actual demand for BTC.

Every single bear post like this guy, all you have to do is click their post history and you instantly notice they bought a bunch of scamcoins like "waves", "lisk", and "Eth", so now they're like, "o god, please don't let BTC go up and collapse my scamcoins to nothingness!"


Lol...you have some good points even if you are trolling me. I diversify my portfolio, I only hold 2 or 3 altcoins with heavy preference on ETH but that doesn't mean that I don't hold BTC (I would say my shares are 50-50 with BTC & ETH right now). It would be great if it hits 5-10k like so many nutjobs think it will but you all know it won't, it's just not possible.



even on ETH website it sais ETH is not meant as a currency, I don't know why people believe it will replace BTC because it's not even designed to compete with bitcoin, it's designed to ADD TO bitcoin.

I didn't say that but it's just easy money, I bought at $3 or $4 now it's pushing $14, and if you bought at $10 it wouldn't be so unrealistic to see it go to $20 before the end of the year or even more.

Now if you think it's easier for BTC to go to $1500, $3000, $5000 than for to ETH to go to $25, $40 and 50$ considering the current hype then you are very naive. Yes now Bitcoin is rallying but just wait before the halvening ends. ETH held it's USD price like a champ and BTC is currently pushing $600.

But I'm on the same page man, I think BTC could be a great storage of wealth and a speculation tool, just like gold perhaps even better in these times. However ETH holds different potential and while it's not meant as a currency but I don't think Bitcoin is either...it's certainly as failure as a method for payment for example. Owning ETH to buy stuff is ridiculous (just like BTC) but that doesn't mean its value and usage won't increase with time.


Title: Re: Bitcoin is going crazy yo
Post by: bitebits on June 04, 2016, 05:11:52 PM
Are you aware that halving means less coins?

Technically that is not true. The halving means that in the next ~four years 2,625 million new bitcoins come into existence instead of 5,250 million like in the last ~four years. Bitcoin is still inflationary, but it gets to a more reasonable ~5%.

I would say my shares are 50-50 with BTC & ETH right now.

You have mine and r0ach preliminary condolence. Try to learn from your financial mistakes and you will have a bright financial future anyway ;).


Title: Re: Bitcoin is going crazy yo
Post by: amacar2 on June 04, 2016, 05:14:51 PM
SO all we have to conclude that we have to wait till atleast 1k before shorting? Chart look cool and i am holding for now.


Title: Re: Bitcoin is going crazy yo
Post by: Vikingr on June 04, 2016, 05:15:01 PM
I think at this time thebitcoin price will reach to about $2000 and the stability will be about more than $1000 and will not come back.


Title: Re: Bitcoin is going crazy yo
Post by: BitcoinAshley on June 04, 2016, 07:11:52 PM
HODLing. Post-halvening rally, peak $11,000, crash to $1500, stable at $4500. Mark my werdz.  8)


Title: Re: Bitcoin is going crazy yo
Post by: Dafar on June 04, 2016, 07:39:35 PM
Lol...you have some good points even if you are trolling me. I diversify my portfolio, I only hold 2 or 3 altcoins with heavy preference on ETH



LOL.... just L.O.L.

No need to read further


Title: Re: Bitcoin is going crazy yo
Post by: Bitcoinbro on June 04, 2016, 07:57:11 PM
I think at this time thebitcoin price will reach to about $2000 and the stability will be about more than $1000 and will not come back.

Nah it is going high but noway it will reach 2k. That's some non-biased you make there. Sure we all do like the price increasing bit by bit, but if it goes steady, like it goes now, it's better for all us. No crash, just a steady up.


Title: Re: Bitcoin is going crazy yo
Post by: Bit_Happy on June 04, 2016, 08:05:15 PM
$2000 peak, $800 stable .



$4500 peak, $1100 stable.

I will go $3,457 peak
and $1.476.76 stable.




ps, It wasn't "300 stable", but closer to $230.
Nice chart though.


Title: Re: Bitcoin is going crazy yo
Post by: lexuz on June 04, 2016, 08:31:48 PM
$2000 peak, $800 stable .



$4500 peak, $1100 stable.



$7000 peak, $3000 stable.
i dare $570 peak, $300 stable :D