Bitcoin Forum

Bitcoin price comes back to life  :D I'm going to celebrate on this occasion

What do you think will be the highest value this year? Below or above $1000?

I have an optimistic view .. so I guess we will fly above 2k

What makes you think it is coming back to life?  The slight rise today or something completely different? 

This slight rise is just the sign of a new price cycle and obviously it's not bearish..

I wish I could be as optimistic as you are.
And believe me, I'd like so much to see Bitcoin rise and some altcoins too with it!  ;)

I guess in the last 4 months or so(since I started Bitcoin) I have seen tons of slight rises, the price 4 months ago was a lot better than it is now.  I am just curious as all

They are already rising buddy http://coinmarketcap.com  :D

well ,the time will tell

Good to hear that, people must buy at this low price, and then we can count some profits.
I'm sure that btc price will rise again sometime.

after a dump there is a small return and then a dump again, don't be too happy, but i hope i'm wrong

Its all pipe dreams. People want massive returns but this is very unlikely

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It is really unrealistic to think  that Bitcoin will go back to 1k+, i don't see any reason why

It's realistic. People from 2011 couldn't imagine the pike on the BTCUSD graph, which actually took place later in 2013-2014. And the 1k+ per BTC is what nobody can imagine now, though the price of $500-$600-$700 or more is quite possible this year. Quite possible.

Yay, another thread to make fun of in a year.

...

Hope so re the big wave.

I bought some at +/- $600.

Some at +/- $500

Some at +/- $400

Some at +/- $350

And just the other day, $270.

I guess we will just have to wait and see.  I have NO IDEA what near-term future prices will be like.

I value BTC because it is portable and apparently very resilient if you are careful.  Volatile, yes.  But I can live with that.  No choice!

 :D

what are the reasons why some people are speculating that the price will increase?

They just guess.
You can't think is real  ;D ;D ;D

And your justification for over 2k?

I knew such comments will appear (enjoy your "hard" earned sats)

Check your PM

well the wave of HYIP sites that will not happen anytime soon.

yup, its been a wave of hyip sites alright.

optimism is never bad
keep it up

Oh you silly people, STOP THIS SILLINESS OF YOURS.

Bitcoin is not gold that you buy it and wait for it to rise in price because when it does rise all you silly guys would do is dump all the coins and create a bigger crash.

Just do day trade, Bitcoin is a currency so trade it like it is one and not some rare commodity.

^ No. One of the few reasons I hold is because I'm afraid I would screw up at day trading. :-)

That has always been the issue with Bitcoin traders, we are not trained to trade in FOREX. We are computer nerds trained in writing lines of codes. Cryptos need to be passed as currencies and more mainstream trading platforms need to recognize them.

What do you mean trade? in the markets or buy stuff with it?
And why it has to be what you say it has to be? It is what people make out of it. If people want to hold it they can do it freely. If you believe it will go up why would you buy some lame shit with it when you can use dollars.

can we wait for it to hold above 300 before we say bitcoin is heading back up lol. Although I hope your right!!!!

i  think we are still far away from it, until bitcoin struggle to rise again ata 300-400 range, there no much hope for t

Of couse we are still far away or someone thought that the price will rise x2 in a day?

How can it come back to life since it have never even died :o

That was just a metaphor  ;D

its struggling at $287, i think it will go down again.

I'm pretty optimistic here. The price is slowing crawling its way up (although a bit slow) but we can see it making small gains. As long as it can maintain the trend, it's good enough.

The price slowly went down for now
Just a day ago we hit $300 and now the price down again to $284

I hope it won't down anymore

LOL get your facts straight bro. I am not Hitler or Kim Jong-un I am not TELLING people to do anything.
I am just TELLING people the difference between the right and the wrong use of a currency.

By Trade I meant currency trading as in FOREX = Foreign exchange.

You can for sure tame a wild tiger cub and keep it as a pet, but you cant call it a true wild cat. I hope you get my point.

Bitcoin was meant to be a currency NOT a commodity, treat it like a commodity and it will burn you.


This is my reasoning of why the price of BTC is so volatile. Now dont interpret my post as a commandment. You are free to eat bitcoins or wipe your gf's ass with it or even wear it as a piece of clothing lol (by printing it) :)

I can see that we will not raise 360$ in this month also it's very hard for price to keep increase . Pump

What is more likely by the end of January? Bitcoin falls below $200 or Bitcoin rises above $400? 

The worst that can happen is to drop 30-40 , most probably we wont see any major rise until late january , mid february

Any reason you think this?  Are you just blindly saying that because you don't know or that is what you think?

I have many reasons to think so ,one of them is opinions of experienced traders

So you are just guessing like the rest of us?  If experienced traders meant anything all of them would be filthy rich beyond and wouldn't have to bother about telling people it is going to rise/fall.

I told you i'm not guessing, I am relying on opinions/analyzes of most experienced traders

I am telling you that is just an educated guess, which is still a guess.  If the experienced traders were 100% on predicting the market, they would be so filthy rich they wouldn't need to trade.  It still is a guess.

How much you guess in the next month ?

You will see a straight line upwards.

I can see that we will raise 310 $ this week

You are trying to say that if someone can make money, he will stop doing this just because he is too rich? lol.

To exaggerate my point completely, yes.  I am saying they don't have any better idea than the rest of us.  Everything is a guess and even if its educated, its just a guess.

If people were to successfully able to predict this, they would make billions quickly, and stop.  I for one after I had billions of dollars, wouldn't want to waste my time getting more money, I would go out and enjoy it, and if I needed more I would just quickly get billions again.    They are guessing just like the rest of us

Well they are completely different from you and I doubt if you could give a proper analysis based on chart.

Actually with a degree in Computer science and a background in math and business I am guessing I could come up with very similar predictions as them

Go ahead ,let's see  ;)

I would rather not waste my time, as I stated in my original statement, I don't believe they are accurate and believe they are guesses.

So now you admit that not everyone could give a correct analyze based on a chart,not just a guess?

I think you are missing the point.  I am saying the graphs they analyze are not always accurate and eventually it comes down to a guess of what you are going to do.  Just like the rest of us, even the people looking at graphs are guessing

I'm not missing the point ,you're making excuses. You said they are "guessing"  just like the rest of us ,but seems you cannot justify your words.

Not sure how I can be more blunt here.  I am saying, looking at graphs will lead you to guessing what is going to happen, guessing just like everyone else.

I think btc can have another bubble, because if you ask your next door neighbour they haven't a clue what btc is, in fact if you ask everyone at work, nobody knows what btc is, when they do and when they put the price on the news everynight thats when it's too late to buy in

Everyone I know knows what bitcoin is to some extent, all but one from me showing them first hand why its great for whatever they are into.

Yeah "obviously". Just like the price was obviously going to $2000 by the end of 2014.

Are increasing numbers of HYIP sites an indication of anything?  Do they drag the price down because people get ripped off?

I would think the opposite could be true.  It could be investment groups hedging a bet that btc will go up soon and the are trying to accumulate before the surge.

You're wrong, when did I said so?

Bitcoin price now drop we can't see any increases . When will we see the big pump ?

who knows, might be nxt yr or maybe after 3yrs or more. Nobody really knows...

$moon

Six month price graph is terrible

Price is getting really scary. IF it falls below 200 things are going to go to hell.

What's with all the dump the last few days?

Did I miss something?  ???

...

Mmm!!

And I thought that maybe I had timed my last purchase of gold for BTC badly when BTC was in the $300s.

Of course, I should have considered buying gold when BTC was in the $600 and $700s...

*  *  *

Looks like the Big Wave that hit was for sub-$250.  We will see in the coming weeks and months. 

I agree with some above comments that essentially NO ONE can predict BTC price well.  With charts or without.  Your guess is as good as mine.  Or the other way around maybe...

Well ,I anticipated the things a bit .
And yes no one can predict the precise price  up to decimals... Traders can say you the general trend ,the approximative lows and highs.

Remember when I pointed out that holding BTC for as a commodity is risky ?

This is exactly why I said it.

As soon as people are seeing that the price of their 'commodity' is falling, they are dumping the commodity in the market creating a huge back log of sell orders which creates a downward pressure on the graph essentially pulling down the market.

If everyone used btc as a currency to buy stuff and do margin trading like any other forex these crashes would have been much less significant. Keep in mind the price of BTC will rise with the increase in it's usage, holding btc for price rise is opposite of that.

just curios what the really price of thats coin

No comment .  ;D
http://im84.gulfup.com/WUqTPQ.jpg

Honestly whatever people will pay for the coin at the time...

BITCOIN is nothing but a few bits of data, it is something virtual and how much you are willing to spend on your virtual currency is completely upto you.

The bitcoin rise from 09 - 14 was comparable to the Dot Com boom in the 90's, would the future of Bitcoin be as bleak as the DotCom era ? Probably not but you will have to wait a long time for that future to come.

Bitcoins are limit for 21 millions coins not like domains . and in the future bitcoin price can ever drop to 8 $ maybe in 3
years bitcoin price will jump to 3k $

216$ at the moment is going up and down every minute this is really frustrating

everything is nothing, the value of a thing is given by "our meter"

it's not related to anything else

"Frustrating?"

LOL

Are you kidding me??? This is the opportunity of your life time and you are just staring at the screen, scratching your balls, and doing nothing but getting frustrated??? What a loser!!!

It is called optimism bias. In other words, to hope for something out of nothing is the most popular form of hope... 8)

Time to short! With 1:10 leverage.

i think it will showing at begin of februari . i guess

Indeed ..  I anticipated the things a bit

Those people who are calling people out for not buying, why?  You have no idea if it is going to go up or not.  You are just  hoping like the rest of us.  I currently am not buying because I think I will be able to get it below $150 in less than a month.  Then I hope it will be going back up, but I have no idea if it will or not.

Dude if you have no ideea what you are doing ,don't trade then ,simple as that

It is possible to go down to $150 but now seems to be hovering around the $200 mark though.

No one has any idea if the price is going up, so you are saying no one should trade?  That is stupid, trading is gambling, simple as that, some people like to gamble whats wrong with that

Trading is much more than just gambling. Trading involves mathematical market analysis and a keep eye to judge coil points. If you consider gambling and trading to be the same then you need to rethink about your involvement in btc trading.

Did you predict with your mathematical judgement that last drop of the bitcoin price? Because I guess some things are just hard to foresee with science alone.

Dude if you think no one has any ideea how to trade i'm sorry for you ,no offence ...
PS You can make profit not only from long-term...

I agree to a point, Yes it was probably a poor choice of words, say you have a slight edge in trading vs a slight loss chance in gambling.  My main point is if everyone is so confident in their trading ability, how come all traders are not filthy rich? 

Price should drop to ~130 then will be huuuge recovery  ::)

We still waiting the big wave  ;D

The big wave is coming for sometimes now, but it never arrived, on the contrary the remaining water is drying up. The bitcoin community looking for the the next big wave very desperately.