Bitcoin Forum

I am pretty much satisfied with the current BTC price ,but  something makes me feel it will cross 700 by this november .
so it's up 50$ in a day , 370~ according to http://preev.com/

I just noticed that too  :o $50 in one day is remarkable from the beginning of 2015 for one year nearly has past.
But you say to not celebrate just yet, it could go to $325 more by end of month to $700? This is a bold statement. Has there ever been such a gain in a one month's time lapse?
Do you see a trend emerging from years pasts or is there someone's forecast you are following?
I think most of the forum followers would like to know.. for future reference of course.

The higher it reach the faster it falls? I hope not in this case. Is there are any news about bitcoin which explain why price is skyrocketing right now?
I tried to search it, but there is nothing certain. I think price increase was caused by these elements: new EU VAT law, general positive news stories and launch of Winklevoss bitcoin exchange.

No. Those topics were for the sudden increase last week. This steep slope upwards is something else. Could be from all the movement in China over the weekend of selling and buying at a frantic rate causing such an increase this week. Hard to say it is still early in the morning and I don't think their exchanges are open right now. We'll see tomorrow if this feverish trend continues on. Up to $379 now.

I am not sure of the above reasons ,but i assume it is because of Chinese exchanges.
It will be in news in a day ,we can check then.

The Bitcoin symbol was just accepted for Unicode today as well: https://twitter.com/ken_lunde/status/661351862155669506 (https://twitter.com/ken_lunde/status/661351862155669506)

I don't see that being a big influence on the price by itself, but adding it on top of the price rally and bullish atmosphere of Bitcoin lately can only be a good thing.

I think we can see 700 usd very soon :)

wow it's a goo way to introducig bitcoin at world :)
this is good news for me

to keep holding my bitcoin

from $380 to $700 is a long way to go, but it may happen since we experienced a $100 climb for the past few weeks but $700 may take 6 weeks or more to achieve

to be accurate the bump started from around 15th october when it was close to 250,so it's up 130~ in the last 3 weeks.
edit:- it's already 450~ at LBC, https://markets.blockchain.info/

It might reach 750 in late January, but I dont think at the end of this month.  :'(

I hope it goes up, I've invested in a few bitcoins just after bitcoin dropped from 1.2k... I'm a greedy bastard and i'm going to hodl my bitcoins forevah. When my coins are sold, It'd be my children who sell them, after i'm dead and gone. Bitcoin is love, Bitcoin is life.

btc will rise up again at 500$,and go down again for sure. it will not reach the 600$ mark.

China peaked at $403.70. Would definitely hit $500 in no time.

I'd say that it would take the end of this month to reach $700.

It would reach the $600 mark, it has enough buyers, and there are now extra support backing it up.

Honestly that's the kind of things that I don't like ... you guys should be realistic little bit . This is not going to happen , at least not before Xmas if you ask me , also how do you guys know this is not a market manipulation ? the price is like rising by huge numbers like 10$ at once or shit , so it has to be one/few persons doing that and not bunch of people who are "buying before the halving" .

Bitcoin will probably hit the 700s in late June next year, but not this November, unless something momentous happens and  the price spikes up four hundred dollars. But let's hope nothing bad happens and bitcoin drops back to 100 again. I will actually cry. I invested multiple bitcoins yesterday, and they've gone up 10 dollars each. Let's keep this up trend going, guys! Tell your friends about bitcoin!

The halving is coming, hodl as much as you can! :D

I am pretty much satisfied with trend. I do not think it will reach 700 soon by end of the year. But we can see some big movements up, or down. Bitcoin start to move.

China is pushing us into a November 2013 bull run. 700 may very well be possible if this keeps going with current steam.

It may be rising fast, but this was normal business back in 2013.

I would be wary about doing long time bitcoin price predictions. Bitcoin is not national currency, you can't base your assumptions on economic growth, productivity, natural resources, export etc.
Bitcoin can be either $250 or $500 in two weeks. Claiming that you know bitcoin price from June next year is like claiming you can predict lottery numbers.

Do you think so it will chase back to $700. I think it will stop in $400-$500.Anyway that was a sudden increase in bitcoin price from $230 to $ 370 about less than a month ...

seems unknown, i want to see how strong is this pump , it can be an all in, to a very high price, or stopping there and a big dump occur again, all or nothing as usual

we are still at half-way for 700, not so close for now

i hope btc does pass 700 but i do not think it will happen until early 2016.

finally, the money i lost from slow fall in 2014 is coming back :)

Having bought some BTC @ ~220$ dollars gives me a nice feeling. I know that in case of crash I will always get some profit.
I am holding without even thinking about it but I know that this time I will not go for a loss.

Keep moving up!

I'm keeping my hopes up for bitcoin to keep going up. Hopefully it will reach at leat $500 by the end of the year

Not many people predicted $350 by end of the year, let a lone $700.

With the recent dramatic price price, more optimistic predictions appear. What a change of mood.

I wouldn't call it unrealistic, not when bitcoin bubbles seems to expand quickly and it has happened a few times in the past.  I mean, the price is already 50% up in a couple of weeks and the chart is looking ever more exponential.

Could it be market manipulation? Yes it could, but when the price is going up, that isn't a problem!  Hell it's be manipulated down for long enough!

It's too fast, already breaking the 400$ mark in China. I'd call it the beginning of a bubble. Let's see how high it will go and pop.
Guessing 600$ and back to 350$ after the dump. But it's really difficult to say, it could go much higher or just stop at 450$  ;D

Yeas just had a look at preev and it is floating + or - 395 .
however i assume it is going to get to 500~ this week ,can be wrong though.

$513 and drop down will start.

for it to reach $700 will be a good thing BUT people will start getting scared about another "gox" happening and over 50% of people having bitcoins will drop their coins for fiat.

I think that if we use fundamental analysis the biggest factor out there right now must be the fact that China capital controls are screwing up a lot of people's wealth, which means tons of money is going to keep coming into Bitcoin as they see Bitcoin as the ultimate safe haven with the ultimate features to transport money all over the world. And second, the US debt ceiling will reach its climax this week, particularly around today. A lot of bad news for fiat and a lot of good news for BTC.

I'm quite satisfied too with these price now but $700 in this november i guess it's not yet
and i think probably the bitcoin price is around $400-$500 this november

No one can know that but I will do a pray (even I don't believe in God) to arrive at least at 600.  ;) It will be a big achievement even this amount. But I think that the most important thing, and even much more important than the arrive of that price, is the stability in any kind of price can arrive. Going high and seeing going again down (even fast) is painful. Seems like bitcoin have no power to stay in high levels.

$700 is too high for now. I hope we'll see the price reach $700 next year. The halving effect will possibly make the price go even higher by that time. I am happily waiting for it.

I'm happy enough that the value is going up, as long as it's going up I'm content it will go well for bitcoin.

So far we have no reason to doubt.

Prayer tends to work better when you DO believe in God.  Just sayin'.

But yeah, I think we can see big numbers this month.  It's got all the signs.

The hundreds of millions of Chinese bypassing capital controls say, “Nǐ hǎo!”

I have been saying it since 2014, but as time progressed, less people believed me, and at some point I was starting to doubt myself at times.

Seems like I was right after all.

I might say you are right. Chinese are bypassing their capital controls and this is a reason for this rise. It seems that they will continue doing so. $23 trillions they have in their economy. Imagine if only one tiny part of this money gets poured into Bitcoin economy.

I think that sky is the limit and not just $700 in November as you have said.

It makes me think at november 2013  :o

OMGG,,, what the fuck is happening? it is again up 50 $ in less than one day , 413 now .
https://markets.blockchain.info/

edit :- 420$

It's a speculative feeding frenzy/correction (depends on how you view BTC) ;D, like I've seen since bitcoins first $30 high bubble. However, if we break $500 you can kiss goodbye to buying at $500 again. (unless someone works out how to switch the world wide web....off) :P

Just watching the charts it is absolutely crazy! green everywhere!
Candles going up up up!

New money will flow into bitcoin exchanges easily now in China. In the West, we do not have this kind of fast service.

https://www.btcc.com/news/article/btcc-now-accepting-direct-bank-deposits

BTCC Now Accepting Direct Bank Deposits
Nov 02, 2015

Recent bitcoin price increases have reignited enthusiasm in buying bitcoin. BTCC is confident this trend will continue. As such, we are pleased to announce that we now accept direct deposits.
 
Customers now need only log in, click on “Account,” then “Fund,” and then select the “Bank Deposit” option to fund their BTCC accounts through their bank accounts. All customers who have Chinese bank accounts will be able to make direct deposits through ATM transfers or online banking.
 
BTCC will stop accepting customer deposits through agents on November 15.

Did it just cack >:( I saw it at $420 then it dropped back to $382  :o
What is it doing. It is making my trading slump in the last hour.
Is this china's doing or is someone with a lot of coins dumping here?

You're trying to trade this? Lol.

I was selling then it puked all the sudden when I did one moments before.

no holders who have been waiting for this day to come have finally found opportunity to sell.
we need more hodl people, not fast sellers!!

I think the fact is that most of chinese were sleeping. Now they are up and running again as we speak.
 :)

So the price is pushed up again at $492 （edit： 502） It is running too fast. We need the bitcoin to have some rests. It is not for the future.

Well you asked for it so ye shall receive. You happy now  >:( ???
It went down to $380 but now it slowly gaining ground again. Creeping up to $432 again.
Don't do that, you are jinxing this massive climb that we all need. No slow down. Full steam ahead!
Let the weak stomached fall where they stand  :P ;)

700 seems like a bit of a stretch, but I could see it happening at least momentarily if we can charge back through 500.  Today's drop showed that there is quite a bit of support keeping it from going back to pre-rally prices, so now that the weak hands are out we could get back to shooting up fast.

We are November 21 today and seems that your prediction will not be true. Bitcoin is stable at 220-230 us dollar since some days. But lets forget the 700 us dollar for the moment and discuss about the actual one. I will be much more than happy and satisfied if it will remain here. I has such hopes when bitcoin remained for few days at the level of 280 us dollar. But was not possible. He decreased and is here in this price. But even if remain here it will be a great achievement. We must remember that at the beginning of the increase the price of bitcoin was near 250 us dollar. if the final will be 320-330 us dollar it is not bad at all again. It is a final significant increase.

BTC is just gravitate around 333 until somewhere around the end of year, I think.

Like happened with the 230 level.

So no 700 any time soon

Actually, Bitcoin is drifting downwards, with intermittant "buy pushes" and "sell pushes" moving it a few dollars either way for a short period.

 I'm guessing $300 or a bit under by end of the month, $250 or somewhere in that ballpark by end of year, if there is no new major positive news and the existing EU push to "increase regulation" of alternate currencies.

 I see NO significant real support anywhere near the current price level, just short-term resistance from folks wanting to hang on to the current pricing.

The price is around $320 for about 3 weeks now. It migh drop below $300 briefly. There is no big news to drive the price either way.

I believe that when it drops below $300 again, it will be easier to bounce back above $300

I don't think it will stay below $300 for that long since we're looking at a quite stable $300 right now.

It seems the price of bitcoin will only go back to $700 in 2016. The 2015 has almost finished. The price is only $430 now.

Of course it will only go to that kind of price levels in 2016, and not this year. It's not that hard to figure out since this year has only 3 days left. ;)

which is perfectly fine and very good, we achieved almost a 100% increase this year, expecting more after a 10 months of bear trend is being naive

however i'm expecting much more for 2016, another 100% increase is the minimum that can happen at this point

Another 100% is quite necessary within next year to encourage miners to be in mining business before halving.

It is new year, the bitcoin price is still $450. The price still has $250 to go to reach $700. Maybe in a few months.