Bitcoin Forum

What are your thoughts on the price of BTC short-term?  Maybe 30 days?

Anyone who thinks they can make a really good guess at the short term price of bitcoin is probably kidding themselves. its way to volatile to make a prediction like that.

baring any new negative news from other countries governments clamping down on bitcoin like china, india, and tawain have done in recent weeks. I personally would expect bitcoin prices to either stay stable or rise a bit in the coming 30 days.  But keep in mind thats just a personal a opionon and it truly is hard to predict such short term changes in the price of bitcoin.

Understood.  I'm thinking of buying more and I'm trying to get a feel for a consensus on the short-term direction.

In bitcoinland, where prices can double or half in a few days, I don't think 30 days is particularly short-term, but if you want to guess where we will be in 30 days, I am guessing on "nicely above $1000"

+1

I second that unless there is a panic sell for some reason, but it looks like people on the Bitcoin train are fast getting wise to panic selling.

This leaves the door open for a different kind of panic - panic buying!

Buy now and be prepared to hold fast. The price may very well dip immediately a little lower than your purchase price. Do not fall into the trap of panic selling at that point.

Sell BTC?  Now that's funny.  :)

Are you a HODLER? ;)

Nothing short term. As in previous years April will bring major profits :)

Hello Wilhelm

happy New year to you from Gemany!

ya, i buy whenever i could buy.... and then hodl don´t sodl!

Happy new year segeln from your neighbouring country the Netherlands!!! :)

Happy new year to everyone on this forum by the way !!!

Hope 2014 makes us all BTC millionairs but I doubt it :D

Happy New Year!  :)

Gelukkig nieuwjaar Wilhelm!

Happy new year everybody!

Jij ook Steef!!! We gaan hopelijk rijk worden in 2014 :D

You can buy some fiat with BTC though to pay in the ancient places :)

Short-term: Side-ways and a bit of ups and a bit of downs
Mid-term: Up
Long-term: To the moon and beyond

I think BTC will slowly climb back to $1000, after that it's anyone's guess. IMO if hedge funds are buying in you will see BTC going much higher, it all depends on how much money is pumped in.

Investment firms in the US are preparing to enter the market in 2014. That alone will push the trading price to $2000 to $5000

Over the next month we will fluctuate between 600 and 900. Maybe a few exchanges going briefly above or below.

I agree.

This.  Bitcoin survives in a soup of hype and FUD right now.  No one knows its true value.  It has no fundamentals.  It has no breakup value.  It is an enigma.  It is a commodity.  It isn't a commodity.  It is a currency.  It isn't a currency.  You can forget trying to price it.  Mass psychology will govern its price.  I don't even think it is reasonable to compare it with other payment services.  It both far surpasses their capabilities yet can be duplicated with little effort.  In short, unless you are a whale or have advance knowledge of hype/FUD coming down the pipe, don't bother with hard predictions.  If you believe in the technology, buy.  If you don't, better not hop on board.

We get it. Its unique, driven by mass psychology alone. But mass psychology is driven by sentiment, and sentiment is driven by news. I see a lot of good news in the next 6-12 months, so predict a big rise. Could be wrong, easily. But wasn't wrong the last 12 months.

I want  to be very bullish, but no we will stay below 1000$ through entire month
hope to be wrong on this

I'd say it will fluctuate at those levels. 650-900$ still a way to go before another big jump

Knocking on the $900 door hard now. Once it breaks through, gonna go to $1000 to $1100 quite quickly

you'd be surprised. there are methods which can do just that, depending on the price environment.

Definitely methods out there. Not free though :)