Bitcoin Forum

Next stop: MOON  ;D

I wouldn't hurry too much :P, it was $1,150 and we thought that we are near the moon destination but we weren't.
We can say buy to Triple Digits now but I'm afraid we will say hello to Triple Digits soon lol.

We had to stop and unload some of the dead weight (those useless Bears)

The journey is too long and will take many years and we have to stop many times a year to unload unnecessary things lol
The three digit is the bottom of the current price and I like your humor.

Since the dollar did not moved so much, it's really Bitcoin beeing on the move. A second turn would depicture a Double Top pattern, on my estimate this question should be answered in between next 7 days. Current run allready lasted 23 days.

While i am one of those celebrating with the current price of BTC, its still too early to say that BTC price will not go back to 900 level. Maybe we should give it some time and wait till it settle at 1100+ and let it stay there for a few weeks or more. I already unloaded some of my coins for now and I still have a few stashed somewhere.

they'll be back in a few minutes probably. i don't think we'll ever see sub 600 again but the rest is still fair game.

we still are

the rocket just got delayed by chinese/PBOC inspection/FUD, but looks like things normalized again and people realized China won't ban Bitcoin again, plus the argument that the chinese manipulate the market with 0% fees is gone now

Isn't that a forever process for a public currency like bitcoin?
There will always be weak hands :P

i don't think it is time to say goodbyte to under $1000 prices at this point.
let's see how much demand is there and how high price can go and then decide. right now it seems to be good, the next correction will determine the new bottom which will certainly be at least $950 and most probably at $1000

Cup and handle forming..

https://www.youtube.com/watch?v=0HtyF0jux2Q

Do we form the cup and handle or do we flop :O?!?!?!?!

a moment of silence for all those who said "there is a lot more room to go down" and called $400-$600 the bottom for bitcoin price just because they sold on the dip of $750-$800 and wanted to be true.

But that was unexpected random event that caused last price drop, who knew that PBOC will step in and chinese traders will panic and react allergically to the news?
This time there is no need to worry about Chinese market, another intervention of their central bank is highly unlikely. Maybe this will keep price high and stable.

Indeed but I hope this is not a bull trap  :)  I was really expecting Bitcoin to uptrend after being idle but not this fast.  Just a couple of days and Bitcoin broken the 4 digit wall.

Im hoping the same thing too that this is just not a bull trap which do happen previously on which we rose up price to $1100 then a price drop almost $740+ which i dont really like to see that bitcoins price is dropping but theres no other way to go but to the moon to the future. :)

Better if we wait and pinned our eyes on the bitcoin price since it broke 1000 again. Let's hope for the better.

And I know traders now is really excited then will soon then the price will decrease again. That's the most annoying part when BTC reach this four digit.

Ahah, when I read the title I thought about a huge FUD in the other way around. That you were saying we were heading to 2 digits.
I just hope it will hole this time :/
It's a huge psychological price for me so I guess I'm not the only one. Seeing BTC above 1k$ is a big step and I can't consider it as finished unless it keeps for at least two or three weeks... Until then I'd say we can go back to 3 digits at any time.

People have started to speculate of getting hold in the four digit value for a long. Everything is uncertain with bitcoin which makes people to believe in it. As the price variation has been going without falls , expect a fall soon. It would be good if the price stays in the four digit price even after the fall.

its true, youre true this now bitcoin price over 1000 dollar again
and i hope stable price over 1000 dollar, and not back again to 3 digit, under 1000 dollar

Well, happily I would say it  :D.
This might be the time for bitcoin for up to four digits. I think, for too long bitcoin fell silent at that price, so maybe in a few months, the price of bitcoin go to the moon. hope like that.

If bitcoin could just establish a strong support at $1000, then I would be delighted. Let us see how it can hold because each time the price reaches four digits, there are those who take profit already and sends the price tumbling down to three digits again.

it reached 1k 3 times already, this is already a definition of a rock solid value in my view at least in this cryptoworld, 1k will be the new bottom soon

but to go very high you need another big pump, otherwise with those slow increase we will need a very long time for 5k-10k

It's still gonna get rocky from here on. I suppose we should wait for the dust to settle so we can see what the new baseline is.

Yes a break through atleast my wallet is starting to carry some weight :)
Next stop the moon hope whales don't dump their coins to pull down price...

A year ago, reaching 1000 is already moon to me. Now that it is here, I think I want more.

It have been steadily above 1000 for  almost a day now. I was waiting for the dump but it never came. Maybe the profit was still too small. It may never go to the moon yet, but we can consider this as our new low.

yeah. the psychology here is so freaking skittish. $5 up it's $50,000 by the summer. $5 down and it's time to hang yourself. people seem to be semi bored at a price level they were dreaming of a few short months back.

even a year ago i wasn't calling $1000 moon.
from the start when i came to know bitcoin , i knew that bitcoin price is going to very high values.
even $1000 is still too little and too far from the real potential of this coin.

many say $10,000 but i don't like that speculation much. instead i do believe in a 4 to $5000 price.

I'd like to see $1,000 as a new support level, I'd love to never again see sub $1,000 but I fear we probably will.

It's pointless to assume we will not see three figure prices again. It has been proven that the $1000 level is far from a stable price to settle at. Maybe that due to the actions against leverage trading in China we'll see the volatility decline quite a bit, but it's still Bitcoin that we're talking about. Who on earth expected the price to dive below $200 (it went to sub $160) in 2015 after it peaked at around $1160. It's a decline of around $1000!

The 2013 scenario was an unique one. Consider all the variables that contributed to that:

1) MT Gox was the only exchange in the world
2) MT Gox was shown to be a fraud, fake volume everywhere etc
3) The software was not as advanced as it is today
4) Infrastructure was overall weak


List goes now. Now we are safe from all the bullshit. We have several different exchanges, the software is robust, and we got rid of the stupid chinese.

Only up now.

I am not sure that we will be giving a permanent farewell to 3 digit price levels. Until bitcoin reaches $1500 or $2000 levels, we may expect some causal fluctuations into 950+ levels. So, it must be too early to good bye to triple digit prices of bitcoins.

These flash spiked are just the start and I also see a Moon price coming towards the second quarter of this year. The Chinese

government has thrown some spikes in the road, but we managed to navigate past it. Now we are on the highway and we are speeding

at 200 MPH.  ::) .....To the Moon!!!!

Did that cup and handle formed out before, ever? Any examples inside chart history?
On my perception it's the most misleading pattern. When you are standing on a hill, and been standing on a hill before and have walked through a long and cheapdeep valley, what would you exspect to appear next on the landscape?

The wanderer collects fairy tells but doesn't believes in them.

There is no assurance that the price will stay at this level and i think sooner many people will sell their bitcoin and the price coud touch again back to 3 digit..
So we are still not getting bye bye for 3 digit because we will still welcome it..
maybe this coming may we will see the price more increase and we can stay long in $1000 value..

Good to see so many speculations here. I think there will be one more corrections this month before the final good bye to triple digit. Not sure if it will be below 900 but I should be ready with during that time.

Sooner or later 3 digits will be a thing of the past, just like 2 digits are a thing of the past now. Eventually, 4 digits will be a thing of the past, then 5, then 6...  BTC is like BRK-A stock, it only goes up long term.

It will be hard to achieve. Many people see $1000 as psychological barrier. I know many claims from traders saying: if bitcoin will reach $1000 then this price is good for me to sell.
There are a lot of weak hands there, shortsighted people who don't believe that price of BTC may and will go much higher than $1000.

I agree with the thread title. We'll soon form a nice triple top at ~$1150 and then crash under $100 again* and stay there (yes you've read the correct number, _double_ digits incoming) :P

(*it's a worst case scenario, yes, but every day I see the block size problem unsolved, with full blocks and mempools and delayed transactions, its probability does increase. Let's see if this hype drives us to 1 million unconfirmed transactions.)

Look bitcoin/yuan price today bitcoin passed 7000 yuan level,it is cruciual breaktrogh breakdown level,if bitcoin will goes below 7000 yuan sell.Now it is time for accumulation above 7000 yuan longer it takes higher bitcoin will be,dollar is going down for now euro rise to dollar but european banks crisis will fire sooner or later

Yeeeahh!!  You know what time it is.  Now haw manny days did we all stay up above $1000 last time it broke bad?  Imma hopin' this ain't jist anotha pop from which we got tossed like a spent prophylaxtic.  Imma hopin' we truly DO go to da moon!!

MtGox was the major exchange back then, but definitely not the only exchange. I myself was using Bitstamp and BTC-E back then. Glad I never got involved in MtGox due to their hefty 0.5% fees. If they offered lower fees, I would definitely sign up there, so that was my luck. But for the rest -- we're indeed much further now as Bitcoin has been maturing nicely throughout the years. But it's never a good idea to rule out massive dumps if another major exchange messes up big time (again).

"Moon" is very far from the actual place that bitcoin price is, I know that we are happy to see the bitcoin price at 4 digits.
The panic will always happen and it's not a surprise at least for me, the chinese are chinese and we know how they behave in these situations.

There will be some who turn bearish once the price rises. If everybody believes that Bitcoin is going to the moon, who is going to do the selling?  :P
We have been at $1000 for more than 24 hours now and the support does feel solid.

Expectations do seem high and everything is looking good up to this point. So there has no need to sell any as the hope of it reaching the ath soon is quite high. So why would anyone would want to lose out holding their coins when all signs are pointing up for bitcoin's price?
Just does not make any sense to do that now. Does it?

if you are a day trader with short positions it may make some sense. although i never like it in times like this because things become much harder to predict.

in any case if anyone sells he has to be prepared to face the consequenses and lose money and if he waits he may have to face loss too. but the difference in waiting is that if you wait and price goes down you can be sure that it will come back up again so it is no all loss.

When nobody will be ready to sell, the triple digit prices of bitcoin would vanish for ever from the usage of denoting bitcoin price levels. Bitcoin prices are seeming so strong above $1000 levels, it means it may go forward for another $200 to $400 distance too.

There maybe some fluctuations in between times due to profit booking and panic selling, but as long as prices are sustaining we can expect $2000 in very quick time itself.

1020 very strong on bitstamp

will have to dive... before climbing up again

Well if you say so. :D
All that I know it is time to buy and that is exactly what i did. ;D
But did notice it very expensive to do it when it cost me 20% then when I did it last year near Christmas time.
So yeah. It is time to hold any if you have it and then sell when it is higher in the next 24 hours.

Moon ?


It's too low my friend ...




http://imagizer.imageshack.us/a/img923/8860/jvREWo.jpg

Good bye? no we never can say good bye to 3 digits,  there is always have posibble the price fall down maybe there is have possible too the price back down to 2 digits.

everyone certainly do not want it. we all hope that the price of bitcoin has increased continuously.

2% above "Triple Digits". Those markers are arbitrary at best, just pointing out the fact that whole of europe still things Triple Digits and what about the Chinese?
Psychology of numbers is overated. 

If you say good bye to triple digits the most likely outcome is we are going to have to say hi to them again in the next weeks, but I think that probably in the next 2 or 3 years we will be able to say goodbye to triple digits for sure.

It would be more exiciting if we can see 5 digits this year or maybe next 2 years.  Keeping at four digits in price for a long time lessen the chance of bitcoin price to back to three digits.

haha, ok if we are going to make wild assumptions the i say it is possible but the possibility of going down to 2 digits ($10-$99) is the same possibility of going to 6 digits ($100,000-$999,999).

Very nice comparison on those assumptions but i dont really think we would crash again so hard and going back to 2 digits price of bitcoin.I would really love to see this current price of bitcoin and im sure all bitcoin users are happy too.We do love to see price increase.

Aaaand again, from Chinese new year "Year of the fire rooster" it's merely +12.5% far away into 10 000 Renminbi. Huobi strieved for 8888 on that 28th january because of lucky numbers and whatsnot.

But you cannot guess what that would be in Dollars since the exchange rates are highly political. Just one party deciding to devalue their currency for export economy motivations.

Neither triple nor 4 nor 5 digits are anything stable that could act as a further support line on charts.

Suprisingly, the price is holding just above 1000 for a few days now. The price is going sideways, going up for about 1025 and down to 1010. I hope this holds for a few more days then we can really say goodbye to 3 digits and start working up to 2000.

are you by any chance new to speculation and bitcoin price?
because you have two mistakes here.
first of all there is no surprise for bitcoin price staying above $1000, the surprise was staying below it before. and now after all that accumulation and downtime it is only logical to see $1000+

also what you are calling sideways is a normal fluctuation. which is a small range (for bitcoin it can be up to $50) where price goes up and down because of trades that are happening.

It is just a few dollars over 1000 dollars, so I don't think we say goodbye to 3 figure price, actually there are something I am worrying, I worry about Chinese central bank bans bitcoin in one day, or shut down the exchanges, but I don't think it is possible. They can't prevent the freedom currency-bitcoin.

   With bitcoin fluctuations we sure cant say goodbye to 3 figure price. You gone too far with banning bitcoin in China and closing their exchangers, I know that Chinese government is very strict, but are they ready to go that far?
   Headline is awesome thou, one day we will say goodbye to triple digits.

Fixed that for you.

Actually $1000+/- 10-20 is not enough for profitable mining anymore and I think price should rise to $1100+.
Recently hashrate jumped but price still hesitating to jump accordingly due to all the fights between oppositions.
                   

No, you will never able to find profitable mining as competitions for mining will be always infinite, if there is a room for significant profits, a new miner will join to compete for that. It is tough race, once bitcoin prices jump into $1200 levels then we can expect significant increase in mining difficulty also.

Back to topic : We just come out of triple rates, so we need further march to say bye for ever.

Since the price is just a fist full of dollars away from this prediction of back to three digits. I would beg to say that it is evident that it will happen one way or another.
But I also have to agree with the above poster in him saying once it hits $1100 then it will be in a safe zone and then they're won't be so much worrying and unknown about if this will happen tomorrow or in the near future.

I think your concerns are somewhat unfounded, and let me tell you why, as you know the banks do not control BTC, however, since cash transactions are controlled by them when making cash conversions to BTC or viceversa and if for some situation they decide to ban would provoke some panic sales causing a drop in prices which would then be offset by purchase orders from other countries, on the other hand if exchanges stop working which seems unlikely would give rise to descentralized exchanges, if at  some point many places begin to accept BTC as a means of payment conversion to cash would no longer be necessary probably. So more than the banks or exchanges, the opinion of most people in the world is of greater weight ,and, where appropriate, governments.

bitcoin current price actually left 3-digit number, and up to the fourth digit. This is the best thing I have seen this year. I think that this will happen in a very long time in this year, maybe even the price will continue to rise, and grow. This will be a very good year for bitcoin users.

It's not that important that we're at the 1,000$  level and it's not enough for me. Because we can say that it is not a permanent point. Whenever we go up to  1000$ then that's a good thing. Looks like you are expecting a lot now. And we can say that we are on the rise and we seem to be going up these levels as the purchase continues. But let's see how long this will last.

Yes the market is now experiencing a decline and price almost exactly $ 1,000. I think these days the price of bitcoin will be back to 3 digits again. But hopefully prices will remain and continue to rise above $ 1,000 because I expect prices will remain above $ 1,000. And if it should go down hopefully will quickly return to top $ 1,000 again.

maybe yes but maybe no. i think the traders still fighting hard to stay at 1k$ and its really amazing that even there's downtrend movement we are still able to stay at 1k$ we just needed to keep holding for this new ath and keep attracting new investors to ride with the flow, keep holding if possible and don't panic or to excited so no more low price to happen.

Seems like you are trying to kid us OP? this ain't true and everyone knows it, in order for maintaining a balance between different markets the price will be corrected to $960 and stays there for a while.

Yes prices still stable at around $ 1,000 so there is no certainty. Downtrend movement is still reasonable because a small percentage, so not a lot of affect. You're right, it's better not panic because it can affect the price of bitcoin be negative. Maybe we can actually say goodbye to 3 digits if the price is around $ 1,600, so it's been a long way to fall below $ 1,000

Yeah, I would be careful with statements like these, that we'll be on 4 digits from now, because I also expect a correction back to +- $900 level. Everytime, when a price suddenly jumps up +$100 and more, some kind of correction follows right after that.

Even if there was a correction to $900 it would be short-lived. There is lots of support at $1000 and more people using BTC every day.

From a long term perspective, nobody doubts that bitcoin will be higher than $1000. Personally, I think that we will say forever goodbye to 3 digits this year, but what I wanted to just say is, that I don't think it will happen from this exact moment. I believe we will be under 1k again soon and of course it may not be for long period of time. :)

You might have to say hello soon. you never when the price may fall, but still now its in a four digit thats a great news. Bitcoin price is not moving very much but its progressing but it might not in the future. And the if the price keeps going up much quicker it might fall at any time. But still now everyone is happy :D

We will say goodbye to triple digits if the price reach at least $1300-1400, due to every dip usually take $200-300 every time weak hand sell out. So, we're not stable on $1000 floor yet, daily traders and investors would make fluctuations which bitcoin going through this situation everyday. Next destination to the moon, we will take off only if we have bigger block size.

I did not expect bitcoin to return to triple digits after having reached $1000 earlier this year (or was it last year?)   

But I think we will soon say goodbye to 3 digits for real this time.

Now, let's see how long it takes until we reach 5 digits.

I wish the day will never come again when we see the triple digits come in bitcoin price. Because bitcoin is not only bitcoin, it is very precious thing for earning wise, especially in online earning. And if bitcoin continuously rise and never come back than it is really too good. But i am afraid because I feel may be in the coming month we will see that Triple Digits come back.   

Wait untill 8 March,looks like all that game is will SEC approve Winkelovs brothers EFT fund or no,if yes bitcoin price will rise to 2200$ for sure,if not will be correct.Persnally i dont think bitcoin EFT fund will be approved,but maybe

Lol say bye or buy to triple digits? It works either way I guess. Thanks for the in depth analysis op. Could go tell me which lottery numbers I should pick now?

At this point it's impossible to say goodbye to 3 figure prices. If you look through the order books of all exchanges, you'll notice that there isn't any real buy support. And the "support" that you see are just orders from bots that will pull back everything at the time the price starts coming down. If Bitcoin lives up to all its (realistic) expectations, then at some point we will not see 3 figure prices for a long time, just have patience. Use this price to collect as many coins as possible.

We are far from officially saying bye to the 3 digit  not until we go over the all time high bitcoin price and get policies to favor bitcoin technologies and stop the tendency of massive dumping.

What I have learned over years of trading and specially of bitcoin trading, is that those walls mean anything. Orders can be set and removed in big bulks quickly, so you shouldn't really base your trading in orders... psychology is everything, and in my book I think $1000 is becoming slowly a psychological floor that will keep triggering buying frenzies as soon as it goes under $1000, which means, we will start seeing 3 figures more distant as we go past ATH.

I know order books aren't always telling something, but I was just pointing out that with the barely worthy of mentioning buy support, that there is no way the price will remain above $1000 for long. It will take some time before we can finally take some distance from the flat $1000 level. I hope the approval of the Winklevoss ETH will be a decent trigger. But then again, even after surpassing the old ATH there are no guarantees that we will stay at 4 figure levels for long. It's Bitcoin that we are talking about after all.

Damn we saw 3 digits again thanks to china Gov  :-\

Well just wait again, PBOC is not yet done with shorting trades.  Let us wait till BTC reach $1100-$1200  PBOC will short again and announces another warning then we can see 3 digits again.  But make sure you are quick because this dip will turn into uptrend sooner than PBOC expected lol.

This time price is expected to increase high than moving down towards a triple digit value. Price is now stable to make the price movement happen forward. The recent lagging of transactions taking more than few days for confirmation might cause a drop if PBOC make serious regulations.

price will surely rise but for now there is nothing indicating it in the short term!

for now the PBOC crap is flying around in bitcoin news and short term traders are having fun with the fluctuation of the market and making profit. that is why i am expecting the same situation for some more time meaning 3 digits and 1000 together.

china regulation , investagation again all china exchanger, and pending about witdraw until one month
and affect bitcoin price down again, china exchanger is big affect about bitcoin price

we said goodbye to 3 digits but 3 digits doesn't want to say goodbye to us. not complaining though, it is a good chance to buy more. but it seems to me like a force that is keeping the price down these days.
...what will happen when it is removed ;)

We are still in 3 digits but that doesn't mean we are here for so long. I'm sure Bitcoin will make new ground for 1000 dollars, after 600 and 900 supports. That takes a little more time, just hold and wait. There are less coins in circulation, everybody hold their coins, you'll see less volatile market in the future. China has no real impact over long time, just trust the technology.

It seems that the effect of this FUD has greatly diminished in recent days, and I think more people will realize that this is not something that compromises the ecosystem. As far as I know, the proposal of this is not to prevent people from trading Bitcoin, but to prevent some shady activities such as money laundering.

when you say goodbye, and that number back as it is today, I think it would be a funny thing. Well, the price of bitcoin only a few months left the 3-digit number, and now has returned. but I think, this 3-digit number will only appear a few weeks, to be an opportunity for investors to buy bitcoin in large numbers.

Still stand by my claim, that triple digits are gone.

Even after to heavy FUD the past few weeks and halting from trades in China the price stays just at or under $1000.

IMO, this will cause the price to rebound harder once the manipulations lose their grip.

Seems like they are gone for good now. 5 Digits here we come!

Isn't it too soon for 5 digits? man i would love to see 5 digits, but i don't think we'll see it soon. probably in a year or two the price will gradually increase to 5 digits hehe.

I think in a very long time, we will not meet with the third digit in the price of bitcoin. I believe the price will continue to rise, and increasing in number, according to the investment is the case today. I think the price of bitcoin will last in 4-digit number in a very long time.

yes of course its to early for a 5 digits price :D

Means 1000% from actually price :) I don't think we can see it, but obviously I hope price continue rising ....

In how many months/ years we can see a 5 digits price :O ?!?!

In 12 days we will see the triple digits again.

Unless the community can decide on scaling method soon, we may never see it. And then bitcoin will become something obsolete that nobody uses any longer. Maybe another alt will take over, or cryptocurrencies as a whole will be known as a stupid way to use blockchain technology

After a long bull running it always happens a correction of price after this run. It is history proven and bitcoin is no different to this trend. The price is near 1200 dollars right now but I think the bull running will have a correction soon and price will be again in the three digits area.

I agree. The time is near for the correction.

Lol, I got that you are thinking that ETF will be rejected.  Let us see then, I also wanted to see how will Bitcoin fare if the etf is rejected, though I really wanted that ETF to be approved.


the correction will happen right after the ETF decision.  Correction does not necessary means declining in price, actually it is declining in price if the item is overpriced and in some instances inclining in price if it is undervalued.  So if ETF is approved, the correction will probably increase Bitcoin price because of the incoming funds that make Bitcoin current price undervalued.

You know somethings up when the newbie accounts start talking about a correction ::)

You know when somebody called 'quake' starts talking about somebody else. Get your shit together.

I guess it was to early to say goodbye to the triple digits price since they might show up again in case a dump were to occur. In my opinion though, it is also to early for us to expect that we will only see four digits from now on since there is still the possibility that a dump might occur that will bring down bitcoin's price to sub 1000$ or lesser. Well only time can accurately tell what the price in the future will be.

hey guys serious question, where can we know the ETF decisión once is out? I always read at twitter coindesk and bitcointalk the bullish news, but never the bearish ones lol.

the charts will tell everything my friend. SPOILER ALLERT : BITCOIN WINKLEVOSS ETF NOT APROVED  :D

lmao, nothing is sure nowadays and by the way the market is moving I wonder if there is something I don't know going on, why is the Price pumping if most of us expect the ETF to be rejected? since we're only one week away of the decision I prefer to wait and see what happens, but I asked what I asked because I only know about the bad news when the badblooth already happened  :-[

I would recomend the ETF site , or the COIN website, or like i said the charts should be enough.

https://coin-etf.com/

http://www.etf.com/channels/bitcoin

What is all this talk about a needed correction is going to happen soon?

Something that is amist we the bitcoin community do not know about. We are being kept in the dark about something big that is going too or not going to happen?

I personall do not believe in all this talk about the ETF not being approved. :-[

Thats the whole point. Many traders believe that the price rise of the last week(s) is ETF related. ETF is hyped becauselots of traders expect an aproval. You can also see it the volume. Some big players stept in and they expect that millions will be pumped into bitcoin when ETF is aproved. When it is not aproved (chance of 70% ) those investors will step out to safe their money because the expexted price increase of ETF will not happen. This will likely result in an dump.

We are seeing good movement of the price these days but i think there is still no assurance that the price would not decrease again back to 3 digit and i think there is someone are generating more bitcoin and saving more bitcoin and wait for the price increase if the y get their own goal they plan to sell it all but they can not manipulate the movement of the price.
They are group just like in our group they are giving a signal if the price will go down the group team will also sell their bitcoin that can affect the value of bitcoin if they are many bitcoin holders..

It is obvious, etf news is everywhere and then the speculation of the price increase once this etf is approved.  But this will just become a bull run once the etf is approved and a bull trap if it did not.  We are still unsure if ever this etf will be approved since only the SEC have the knowledge over this.  So I guess we need to keep our finger cross that the result over ETF is positive.

That is based on past performance. They must remember that past performance can't guarantee future results. It's obvious that we can expect a dump while price is experiencing a pump but don't ever compare it to what happen in the past that tremendous fall always happened. Yes it has possibilities but today is different. In the first big price decrease after the price breached above $1,000, IIRC the dipping point was established at around $800- and this is the correction price ( I said around, not exact $800).

Just let those expected news to happen since the most important factor here is how people will respond no matter what the news is.

For the meantime. Guys please say good bye to previous ATH.   :o ;D

Say hello to Triple Digits again  ;D

Next stop : MARS  :P

Maybe good buy soon also in the next few minutes but the important things is to resist and stop panicking then start buying again

I didn't expect we will say hello so soon again. To be honest, I didn't expect we will say it ever again, I was sure bitcoin has its bottom above 1k already.
But it seems that a fear from hard forking bitcoin does its trick well. :-P

I think good buy opportunity awaits us, it's a matter of weeks and bitcoin will reach $1200 again.. hope so  ::)

Bitcoin is like a long journey in the highways road and there might be some speed breakers minimise the speed and if you think it as end,its wrong.Likewise, price fall in bitcoin now is just temporary and bitcoin will soon speed up.I think the next stop willnot be moon and it will be Pluto instead.

Looks like bitcoint prices are looking back to the mother earth. Price drops below 1000$. Hopefully this phase will over soon and price will roar back to high again. Next high -> moon, mars, jupiter, next galaxy...

I hope it will also rebound to the previous price of $1200-$1300. Last week we are all so happy about the price after the ETF rejection. But now it turns out to temporary and fleeting, talking about volatility. But I'm still positive about the future still, I'm holding it for now and not panic. I still looking at the end of the year still and hope the price rise.

Most probably affected by a possible schism regarding a hardfork. Hard fork or not bitcoin will continue to grow and will be a good long term investment. Good timw to buy nowadays.

I have been trying to tell that also to my friends and my facebook bitcoin group. But it seems like it is not working.
They are really panicking as to where that price will come. I told them it will go back. It is just the hype of that war of BU and Segwit that makes some user thinks about their investment.
But I think even if bitcoin go down BU and Segwit is still in the field of bitcoin so they would have to accept our coin.
Thanks to the who cleared this out for me.

Those who are investing because of greed will surely panick when they see the price dropping.  There is no use to keep on repeating yourself to those group when you have told them already.  Just let them panic sell.  It is their lost not yours.  When the price of BTC bounce back, tell those who sold their BTC at the current dip that you told them so  ;D

Everybody is greedy for money lets be honest about it. but what makes the difference is how we utilize our thought matters most. i think majority of them understood about the btc if the price falls down then it get recover within few weeks. hardly you will see people now getting panic because all of experience failure at some point, from then we realized we should not make the same mistake again. but the price is good lets enjoy it. 

btc price is increasing which is a very good sign for us. what has disturbed me is the price is fluttering. but as far as i observed for a week it is buy time for all. for sure we can say bye bye to the triple digits and we will talk value at least 1001 or more. even we have seen 4 days back where the price had raised to 1200 and sure we will see more like this.

Say hello to double digits next  ::). Maybe 1 digit.

Not surprising to see that we are back to triple digits. Its a week end or others call it WEAK end but it will start to pick up again by Monday or Tueday and if you notice from Wednesday to Friday the price of BTC is trending downwards and last I see price of BTC yesterday it was $1,024 so seeing $940 today is not surprising but instead take the oppurtunity to buy cheap coins.

This happening gives an oppurtunity to those who wants to have a high profit. Its the right time to buy cheap coins and wait for the surprise that will next month. Going to the moon is next.

"cheap coins" was a phrase thrown around a great deal with ever decreasing enthusiasm in 2014. better to keep your powder dry and see what happens in the coming weeks.

We could do it, but at the same time do we need to? What I mean most of the people here in the forum are people that are very aware of bitcoin and what it means for the future, so it is not like we need a celebration to remind us of the great potential of bitcoin.

Seems we haven't quite yet left the triple digits behind for good.

and it seems it might still take a while longer before we will.

Aaand we are on 4 digits again.. :D It starts to be quite exhausting to say good bye and hello to the triple digits all the time again and again. ;D
But seriously, there will still be probably some kind of oscillation around 1k btc before the new bottom will move above that level. Good thing is that we could see, that even when there was a thread of hard fork or ETF approval, we didn't get very deep and we can say that $900 is a reall bottom right now. If you compare it with 2014, bitcoin is much more stable than it used to be back in the times. 8)

Some price fluctuation is good for traders. I don't mind it as long as we trend upward. In fact, a slow rise with fluctuation is probably the best scenario.

Nothing to panic about, the dump wasn't too bad in the end. We'll be back up close to where we were soon enough.
Keep buying whilst coins are still affordable.

Lol. Welcome back triple digits.  ;D

Yup the market is everything but stable. This movement makes me seasick.

Yes we will see 2k next month I believe I hodl my coin HODL now so we can all profit

Better to don't expect guys that the price of bitcoin will increase more than 2k value the movement of the price right now i think its normal it is just like the same as last year and 2015 movement i hope that we will not experience that there are exchange sites are down or hack that can push the value of bitcoin down.

Price would not go low, but it would also not touch that level very soon because a lot of volume in USD is needed for that to happen and we need real potential buyers to take Bitcoins to a completely higher place. There won't be any hacks that would take place, but as said, destiny is the thing and bitcoin's destiny is that, it will get more down before taking off and the obstacles currently being seen are Bitcoin Unlimited IMO.

Any basis or reference? Or you are just saying something random?  People are afraid of the upcoming fork so if ever BU is successful, we can see a steep decline in price.  And this HF won't happen in an instance.  So basically a month after, maybe we can still see Bitcoin at three digit price.

-No reference
-100% random
Just saying what he wants to happen. Price still looks like shit like this whole month.

The recent pumps and dumps of bitcoin it's heaven for experienced traders, because (without no offence to anyone) current market is full of noobs driven by emotions which panic sell with every little price change. And those pro traders, who then buy low are laughing hard. ;)

-400$, muh its heaven  :D

If you consider yourself as an experienced pro trader, your current situation shouldn't bother you at all, because then you would know, that sooner or later, you'll be in green again. If you check your bitcoin balance every day and cry with every dip, then you rather shouldn't trade, because it will probably ruin your nerves. ;D
My advice is, don't sell, buy more. ;)

I am still 250$ in profit on each coin i have. But i think we are going lower. Trust seems comepletely lost and the market failed today to break the bearish pattern.

It will rise again.
The real problem is that mining is becoming less and less profitable (with my hashnest payment decreasing daily).
Do we know of a reason why this is happening? Is there a reason or is it just random fluctuations in the price again?

Just wait for some official news that any BU hard fork won't happen anytime soon and you'll see how quickly bitcoin  willgain  its trust back again.. As I said - sweet sweet emotions! ;D
But I understand your frustration, these situations will definitely slow down bitcoin price growth.

I really hope so man. A flashcrash or a dip isnt a problem. But a month decline isnt good for any of us. Not for the miners, hodlers, media, competition, crypto reputation. It just pisses me off. :(

You're right, possitive publicity is always better.  :)  But just remember how quickly we got above 1k.. One year ago, we dreamed even about $800, because we were somewhere around $400 or something.. On September we were on $600 and on New Years Eve we poped our champagne with $1k.. Two months later we reached ath at  $1400, so being around 1k again it is not any big disaster, we still have hundreds of % growth within one single year. I think it's amazing and current  btc price just makes me smile. ;)

Me too, but i fear for the ewbies that stepped in a month ago and they are making lots of losses every day. Also new bitcoin users wont step in now so that means no more adoption. They are choosing ethereum now, you can see it at google trends and in Africoins topic. Cmon even choosing ethereum above bitcoin, then you know that there is something wrong with btc.

I still believe in bitcoin, fork or no fork. It is just natural to be scared of the upcoming fork so it reflects on the price. But we know bitcoin is better than bu, so it will bounce back and be on track to the moon soon.

Well, if bitcoin survived the fall from $1300 to $200 back in 2014, it will survive this little dip easily. ;D
And that almost all altcoins rise when bitcoin price falls, it is also a very well known scenario, people just move their funds from one coin to another. Recent trend in alts feels very possitive to me, because it means that people doesn't change their bitcoins back to fiat, but that they believe in crypto and leave their money in it. It is a proof that crypto adoption works. ;)

Yup nothing to be worried about short term fluctuations and we are used to it now and at a moment bitcoin is still trending in 3 digits but it will again achieve the 4 digit price in next couple of weeks and till it achieves that be strong and hold your coins tightly.

I have been HODLing my bitcoins for forever, and I never sold, not even when the price dropped to $250ish after having reached $1300. I don't give a damn, I don't sell for price swings up or down.     
But just recently I did sell 25% of my coins and exchanged them for altcoins, because I am getting sick and tired of this blocksize debate, and it's hurting bitcoin.   

If this debate isn't resolved soon, bitcoin will die from it.     
   
And the worst thing is, is that bitcoin core had the responsibility to avoid this debate, and they failed. Yet they still have support of many people, even though they failed the one job they had.

I have been HODLing my bitcoins for forever, and I never sold, not even when the price dropped to $250ish after having reached $1300. I don't give a damn, I don't sell for price swings up or down.     
But just recently I did sell 25% of my coins and exchanged them for altcoins, because I am getting sick and tired of this blocksize debate, and it's hurting bitcoin.   

If this debate isn't resolved soon, bitcoin will die from it.     
   
And the worst thing is, is that bitcoin core had the responsibility to avoid this debate, and they failed. Yet they still have support of many people, even though they failed the one job they had.
[/quote]

With you on this, most of us who've been HODLing will continue to hold, perhaps with some appetite to add to our stock when the price dips to more "affordable" levels. I hardly think those who've been in it for the long haul would feel any concern for price this year. The only significant event was the new high, and that is overall good news.

You're also probably not alone in diversifying to some of the more established alts now, however, what with all the blocksize wars going on. Makes me wish I had a bit more capital to manage that strategy.

I fully agree, they are ruining bitcoin and letting altcoins getting their marketcap as a result of pour leadership

lol. have you seen bitcoin price history so far!
it has been always like this, the current trend of price going down and having (seemingly) trouble to go back up has been a common thing. the FUD subject changes but the principle stays the same :)

the same goes for altcoins, they have always used this opportunity to pump themselves and that is not new either.

I've been in here longer then you kid, I don't need to look at the history of bitcoin, I was there.

This is different though.     

This isn't some FUD about an exchange being hacked, or the president of China farting on chinese miners.     
This is a serious issue that is caused by poor leadership and politics.   
An issue that could have been prevented, and could be fixed easily. But so far it has taken years and it's still not fixed, and there's no sign that it would be fixed at all. 

The technical side of the problem is trivial, but the political side is difficult. And most of the altcoins don't have the same problem, because they have nothing to lose, so their leadership isn't fighting for control (yet, at least).   

Due to this infighting, the user experience for bitcoin users is noticeably getting worse. Or at best stagnating (and in revolutionary technology, stagnation is identical to deterioration). While at the same time altcoins keep innovating and increasing user experience.   

How long do you think bitcoin can ride of their network effect alone? Because truth is, bitcoin has offered nothing to their users other then being the big guy in town for the last 2 years or so.   

Do you really think this fact alone will be enough to carry bitcoin for another 2 years?

think again.     

Bitcoin is still young, most investors are innovators and early adopters. Early adoption and innovation is in your blood, you're either an early adopter or you're not. 
Early adopters constantly look for revolutionary technology. And right now, bitcoin has became stale. 
So most of the whales in bitcoin have already started to look for promising new ideas. Some may have already diversified a bit to test the waters.     
   
It won't be long before they dive in completely. You can't keep innovators and early adopters satisfied for very long with a stale product.

It depend on the price, fully. If the price stagnates and other cryptocurrencies will outperform bitcoin then we have a big problem because it occcurs at the same time when bitcoin has his big issues. I agree that this problem isnt like the others. This isnt a temporary problem that bitcoin can overcome easily. The price reflects the situation perfectly.

Big problem or chance negative or positive : Leg up or flash crash. Dragging problem that wont be solved = slow decrease (bear market) Now lets look at the charts. Pboc, flash crash. Second Pboc, flash crash + already slower recovery because the market starts to see it like a problem that isnt solved. SEC denied ETF Winklevoss, flash crash. Block size debate between BU, CORE and SegWit -> slow decrease in a larger time period. So you are right. The charts are always confirming the problem. And it looks like the market is aware of the problem, decrease has occured and quick recovery wont happen. This is a clue that the block size debate wont be solved soon.

We can only wait and see. It looks like the altcoins are also getting hurt, so there wont be a safe heaven anymore. Kapital isnt flowing back to Bitcoin what means less money in crypto = even more slower recovery for Bitcoin.

If we solve the scaling issue than we will test ATH again. Otherwise i dont really know where this is going. I wish it would go up, but there wont be a good reason for that, only increasing adoption. This means even more transactions = higher fees. This can build up untill it explodes. You cant build when the funds are rotten.

It's too soon but I had a nice feeling of Deja Vu when I said farewell to double digits in the past
So looking forward to that day arriving a few years down the road ^^.

The block size problem can be fixed very easily! This has been going on for way too long though.
I can only imagine the positive effect on Bitcoin if the scaling problem ever gets fixed. Bitcoin already has thousands of transactions every 10 minutes. It is a good thing to have that many transactions, it shows the need to transfer money and actually use Bitcoin.
Increase the limits and Bitcoin can grow. One way or another. I don't care how.
Or, wait until some unimportant pre-mined or centrally controlled alt-coin takes over.

Now we are back to $1000+, but we will see how long it lasts. Big moves in the altcoin market, millionaires have been made in the last few days. Big big pumps in a couple altcoins. The HF FUD is being used for that.

Last time I checked btc is above $1000 and ETH is down. Alt-coins market beginning to feel the dump and in a matter day, btc market price will rise again. Maybe HF is being used by a lot of FUD last couple of weeks as evident of a lot of threads here in our community. But it also look likes it is almost over for now because HF will not push through just yet. So bitcoin price is soaring. We just need to be watchful though, as we don't want btc to be pump by big whales then ran again to alt-coins to gain profits. We just need to hold on our bitcoin and see where it will take us in the near future. 

History shows that this down thrends is normally happens and its up to us on how we overcome the price downside and we should be more aware so that we wouldn't lose our money for this drop but FUD and mud throwing to bitcoins is normally happening since many people wants to create commotion so that they can buy bitcoins at cheapest price to earn with it when the price will pump.

sometimes, when you say goodbye to the bitcoin price figures are 3 digits, sometimes the price is really back. well, maybe it is normal that we are happy if the bitcoin price rises, but it might make us disappointed when the price of bitcoin really came back on 3-digit, even more so for the moment.

This is fluctuation, and smart traders make a profit out of it.


I agree, it can be easily fixed but the thing is there is two major group that have different proposal about it and they are competing against each other to get the upper hand and control.  I still wondering why this two camp are not adjusting to accommodate both plans and emerge with a new proposal that all of us can have benefits. 

It is definitely too soon to call that but it is always a good sign to see the price crossing the thousand dollar valuation even with the confusions hovering above our shoulders regarding what to expect and if the sentiments are right and a couple of good bull runs will make sure that the price wont see the triple digits ever again and that is how things are at the moment,hope it will reach the potential like everyone believes in.

I don’t have a problem with that since that give us nice chances to invest at those lower prices and make profits when the price finally recovers, so we must take those prices as a great opportunity to earn in the long term with bitcoin.

Even the three digit value is good for users to profit out of it. Again we got an opportunity to stand above $1000, but soon after crossing $1050 it has started to decrease and now seems to be around $1020. So not sure how long we hold four digit value.

We seem to be in a tight band where bitcoin does not move much, it goes up a little and then it goes down a little bit too, it seems the current dilemma between segwit and BU seems to be taking its toll among the investors since there does not seem to be much movement at the moment.

Theres really a reason why bitcoin price does move like that and its not surprising anymore since bitcoin price is volatile from the start.I would like to say that price might drop anytime on 3-digits as of this year because of the events that is happening on crypto ecosystem we cant conclude to say goodbye on 3 digits since possibilities on coming back to that price range is still there.

I believe Bitcoin won't fall very much, maybe it can reach to $900, but it's going very well now... I thought the price could fall more when that talk about hardfork started, but it didn't have so much flutuation. Even this happen it's good somehow, we can enjoy the 3 digits to buy the currency cheap, but I'm not sure we will see Bitcoin on 3 digits house for much time this year or in the future.

It will not, Currently the bitcoin on the steady way. We are not seeing more volatility of the bitcoin chart in this day. looks like those people are busy to make more pump on the altcoin.

The early hardfork debate gives a lot of the impact for the market. But at this time looks like there is a bright answer to that thing.

Yeah wrong thinking of some people here. They got afraid just looking at the three digits and start to panic sell.
Of course I am also scared of that. But that doesn't mean you will have to sell and not wait for it to come back. This is bitcoin and the fluctuations are really hardcore that sometimes it takes 3 digits also to fall just for a day.
They should understand that. If all of us will panic then it will be dumped more.

Hard Fork eventuality is not possible right now, that is the reason price of Bitcoin stabilized.
We reached stalemate with BU being supported by ~37% hash power and SegWit by ~29%.
As you said hardcore speculators moved to altcoins: Ethereum, Ripple, Litecoin, Round, PIVX, Decred are being pumped like crazy.

Bitcoin seems to have established itself on the 4 digits once again at the current price of 1141 dollars, that is great since our holdings in bitcoin have recovered after the big crash that happened due to the rumor that a fork was coming so it seems everything is back to normal.

I guess everything is back to normal then but I say that it is too early to say goodbye to triple digit prices just yet because there is still a possibility that it will go down again to sub 1000$ in the next coming weeks but it is also possible that it won't go back to triple digits but most probably it will go back again to triple digits since 1000$ itself is a big price compared to prices bitcoin once had in the past and before halving so I think the probability of welcoming triple digits again is still there.

Anything​could happen, but as quoted above its too early to expect four digit value for a long time. But a major issue has got solved, which serves as an pathway for bitcoin to stay above $1000 for a very long time period with sustained growth. Also we are to face more and more halving which is also an reason for the upcoming growth.

there was no issue to be solved! that is the reason why price went back up to where it belongs ($1100+) and is staying there. otherwise nothing has changed with bitcoin and never was going to change. it was all FUD and a lot of noise on the internet and everyone took advantage of it.
and the growth is the growth as always, more demand coming in and more money injected into bitcoin market while people buy bitcoin and the supply is still limited.
I can't really see why would anyone even expect price to stay down!

Simple. Possible hardfork on 14 december? Altcoins with more % growth. Bitcoin losing its marketcap month by month is a fact. And people still saying muhh altcoin bubble. No. Bitcoin is just getting competition of platforms (ETC , ETH) Seems like those platforms with smart contracts have more potential than a P2P system. In my opinion Bitcoin can only stay n1 when everyone sees it as a store of value. But with its volatility and decrease of this month people are also doubting that. We can only see and wait how this is going to end

People doubted but what happened? Those who doubtbit have so much to learn.
I dont know about your "n1" or other thing you say. It grew to this number and I saw it and you can see it too with google.
That says it all.
I dont know what you are trying to accomplish here but you could advertise your coins without making bad stories about bitcoin.

No advertising. Just pointing to the fact that bitcoin is losing its market domminance fast. Seems like other coins are getting more and more attention. FACT. No stories just FACTS.

Not a fact. Market cap is down for just 1 month. It's up from 3 months ago. Way up (nearly triple) from 12 months ago.

I mean bitcoin dominance or marketcap compared to altcoins. My bad, sorry. Not its marketcap compared to BTC marketcaps of the past.
That would be a stupid comparison, like I said mb.

it is still not the time that we say good bye to triple digit as we saw that the price of bitcoins going down to triple digit from 1300$ . until and unless it is reaching the price of bitcoins is 2000$ we cant bid goodbye and i dont think it is likely going to happen nearby soon.

Bitcoin price is highly volatile so I have to agree with you on Bitcoin possibly revisiting triple digit price.  But as of now I guess we can just enjoy this recovery to 4 digit and hope that it will stay as is and even go forward to 5 digit price after a year or two.

I'm fine with that. Bitcoin can't be everything to everyone. If other altcoins grow up and solve different problems, that just makes Bitcoin that much stronger where it excels.

Say hello to 4 digits for the rest of the year. Some already predicted that bitcoin could jump as high as 2000$ this year,not surprising cause the demand in bitcoin is increasing as day passes.

It's the first time I really see support for four digits. Even with the scaling war still unsolved, the price stays firmly in the 1000-1150 area and is even again about to break the old Bitstamp ATH. I don't think it's impossible to dip below this level but consider it highly unlikely - if there is no contentious hard fork or a technical problem at least the ~900 level should hold.


Don't be too greedy ;). I think, for five digits to happen we will have to wait at least five years more. There must be working and decentralized 2nd layer solutions for this to happen.

Five digits? What time will happen? No one knows?.. Hahaha, for me five digits will happen like in 2020 so we need to 3 years from now...to achieved it, market is the always the one that will make us to achieved five digits price of bitcoin

people always realize these things when it is too late. you can see already so many people who are caught up in the altcoin bullshit and the tactics they use to pump their coin and think what the "advertising team" says is true and they are really replacing bitcoin and meanwhile the price of each of those shitcoins is still dropping continuously while these people still hold their bags of altcoin until they give up and dump at a much lower price with a huge loss.

you are not Nostradamus!
and there is not possibility for that happening unless someone with less than 10% hashrate decides to fork because none of the miners are going to go for a less than 90% support fork.

pump and dump.
haven't you been around for the past 7+ years!

marketcap is not something you should even look at (https://bitcointalk.org/index.php?topic=1842964.0)

dumb people say all kinds of random thing, you shouldn't listen to any of them!

I could have believed that any random altcoin be a competition for bitcoin but never I can ever agree that ethereum can even be remotely a competition for bitcoin.
that is not even a currency. and not to mention it is centralized and full of bugs.

haven't you people learned from last time they forked because they lost money because of their flawed platform logic!

as I said dumb people believe all kinds of crazy stuff. anybody who has ever doubted bitcoin because of some random FUD on social media, has clearly not understood what bitcoin is.

bitcoin dominance is still there and intact. read the marketcap link above.
- the trade volume is still the highest in the long run. altcoins get high trade volume only during their pumps.
- the price is still the highest and still staying up where it belongs without going down except temporarily due to some FUD meanwhile altcoins get pumped and stay up a short time before they are dumped back down
- the number of transactions is still the highest and still the same as before if not more.
- the number of services and businesses and merchants that are accepting bitcoin is growing every day. meanwhile nobody uses any of the altcoins apart from pump and dumps.
- the number of full nodes is still the highest and this month it has even grown by about 500 more full nodes. meanwhile altcoins are only kept at exchanges until they are sold back again and the money gets out (nobody really owns an altcoin wallet let alone run a full node) unless there is stacking or some other kind of reward involved or they are mining.

People only learn when it will cost them a lot money. But the thing is that it needs to sink in properly before bag hodlers finally realize that they have been 'goxxed'.

Prior to the part where they realize their loss is the phase of denial. They will buy up coins on the way down in order to compensate their expensive other coins, but no matter how low they buy, the price keeps tanking deeper and deeper.

It's a sad but hard reality. I know how these things go because I used to be one of them. I gladly managed to keep the losses minimal, but it made me realize that the only coin worth supporting is Bitcoin.

I agree with you about the hard reality for altcoins part, getting into an altcoin in the first place is a risky thing to do since it can dump or the dev might run anytime even if you are early investor, there's still a risk. Most of the time, only devs and early investors profit and those who buy it when it is released and pumped were the bag holders. Sad to say that altcoin trading is full of lies so bitcoin is the only coin worth supporting as you say since it is the most dependable one to rise up again when it goes down in price.

Correct me if i'm wrong,
is 1 BTC worth more than 1oz of Gold for at least 2 month now ?
Once upon a time, when 1 BTC was valued less than an once of silver, I told a bank finance advisor about Bitcoin, and concluded saying I'll come back when it will worth more than 1oz Ag.  I came back to him, and he was stunned to learn the facts.. I told him that I'll come back when it will be valued more than an once of gold, he laught !!  3 years ago I got back to him, saying that I'll come back before 2020, when 1000 mBTC will worth more than 40k US..  He looked terrified ;)

imagine of much fun I had doing thid :D

I BUY & HODL guys !

3 years from now? it's too short for me, i mean not enough time for bitcoin reached 5 digits even we will face next halving. i bet 10 years or more than 10 years for we can see bitcoin price reached 5 digits.

I agree, maybe 10 would be ideal. Right now bitcoin has just recently stabilized at a 4 digit number and reached it's all time high this year since it's creation. Even if you do double the price every year that will not get us to a 5 digit price level within the next three years. A ten year goal would be perfect though.

i also agree with your both statement 3 years might be not enough since there's still some issue and people awareness and business societies involvement is not yet been present that much, but maybe after 10 years and all issue has been resolved and those investors will see the potentials for sure price will reach that high.

Well, you are correct since bitcoin can lose 200 dollars in a single day and that is not a big deal, I will consider bitcoin to be completely out of triple digits when it reaches a price of 1500 and it is not a bubble formed by speculators but slow growth over time.

never lose hope in bitcoin hahah bitcoin price is just starting . it's still on 3 digits and still counting hahaha. i regret it when i trade my btc into cash when i saw bitcoin price is slowly decreasing after i cash out my btc in the next day bitcoin started again on increasing. what a waste. i lost my chance on getting much higher amount of money in there buddy. looks like i have to wait another term till bitcoin decrease again.

As long as you learn the lesson then everything is fine, some will fall for it, but the truth is as you get more experienced in bitcoin then the more sturdier you become about your resolution to keep holding bitcoin for the long term and you will never fall for it again.

Still in 3 digits? We rebounded a week back and are now closer to $1200.
We are flirting with All Time Highs again.  :)

I think it is too early to say that the price would stay in the four digit mark, there are a lot that can happen, but I am very satisfied with the value it attain right now and I think it is enough for now we might wish to just make the value stay on this 4 digit mark than go more further because you might know when the values gonna drop, maybe if some big associates that stock a lot bitcoin would drop his load, but I wish it will not happen.

Bitcoin could still drop quite a bit at nearly any time.  With scaling issues about and a lot of uncertainty in the market we can expect bears to become more prominent in a week or so, and we might get at least close to triple digits.

We're on the verge of saying bye forever though.

We should not get too cocky we are one FUD away of the three digits, and I think until the issue about segwit activation is resolved I don’t hope to get a price that high, but I think as soon we get segwit activated we may get a huge increase in price.

I honestly wish I had bought more when it was triple digits.

Always thought that bitcoin was in a bubble when it was over $1000 but I guess not. Because right now the price isn't going anywhere but staying above $1,000 at this moment in time in bitcoin history....

Wish I could time travel to buy more BTC lol.

For now it's too early to say something like that. And you started this post in feb and there was a 3 digit in march. We can say in one way 3 digits is coming to an end to soon but for that to happen we need the price to reach 1500$ otherwise three digit would keep occuring

not nessasarily.
price can stay above $1100-$1200 and never even break the $1100 every again let alone go back to 3 digits.
going down at this point can only be acheived with a massive market manipulation. because when you shake out the weak hands, they drop of of the market and there is no more of them to shake out! then the hands become stronger making any drop harder.

More like bye for now.

In 3+ years, we'll be back under $1,000 again.

In 3 years of time, we will be into 5 digit prices. You got any explanation to support what will be happening in next three years to make bitcoin prices to come under $1000 price levels ?

In 3 next years, bitcoin will be having another halving which will be making mining rewards into less then 10 bitcoins, which means approximately every 10 minutes we will be getting less then 10 bitcoins but there will be more than 10 bitcoins demands will be expected for the same 10 minute durations.

It means there will be severe inflation which might make bitcoin prices to skyrocketing, but you are talking about three digit prices at those times, really funny  ;)

It might work in future due to its potential and I am looking forward to see the bitcoin 5 digits. What to do bitcoin is volatile always we cannot simply think always bump only in the upcoming months or year.
Demand and supply for bitcoin rise in rate from 2014. Blockchain technology is being adopted by many companies continuously. This is potential of bitcoins.

No point in regretting it, at least you took advantage of the situation to the best of your ability, don’t forget that insight is always 20/20 as long as you took the right choice, and you did by buying bitcoin, then you are doing fine already.

Yeah we are in the early stage of development. When you think of gold, it has reached the same price once after surviving thousands of years. We are just in a eight years time has made such a big growth. So we cannot have a guaranteed stay above four digits, but the ongoing growth is somehow seems to be stable leading a healthy growth.

Nice speculation but I doubt it will happened in the near future. I would have agree if the price is doubled, more like $2000++ in 3 years. And I don't think anyone here would have agree with your prediction either. Anyways, as the next halving will occur in the next 3 years, The question of the how the price will move is an interesting one.For me it will mean an increase in price as more people will be made aware of the crypto currency sphere and bitcoin itself.

3+ years? More like 3+ months lol.

Didn't expect someone would say something like that and a negative one on the bitcoin side, I have been thinking positively that it will not go back to just 1k amount but for a 3 years of bitcoin not growing that much you would expect the value to not go down so much, I think yes this is a speculation thread and we are talking about the nearest possible thing bitcoin will be and the way he say it is unrealistic.

Assuming that the price will come back again under $1k again after a couple of months just like what happened last month. But after 3+ years? I don't think so that it is going to happen any more. We will surely going to say goodbye with three digits and will probably aim for more digits, should I say welcome 5 digits after 3+ years?

Assuming the current growthfactor we will see 5 digits in $ at 2023 when we dont calculate the damage of any negative scenario in this formula. I think that 9k -10k is the max. price for bitcoin.

TOTAL INCREASE IN REFERENCE WITH 2017    % CHANCE                     BTC START PRICE                             

2011 = 1156 EUR       = 1                      =2313079,9%                      0,05    EUR                                       
2013 = 1143 EUR       = 0.98                  =6065,85%                         10,12   EUR
2015 = 952,06 EUR    = 0,83                  =451,19%                           265,07 EUR
2016 = 761,94  EUR   = 0,79                  =189,8%                             391,96 EUR

So this will mean that +/- bitcoin is growing every year -10% stagnation.

2017 will be 1156 x +/- 1,67           = 1930,52 EUR at the end of the year.
2018 will be 1930,52 x +/- 1,57       = 3030,9164 EUR at the end ot the year
2019 will be 3030,9164 x +/- 1,47   = 4455,44711 EUR
2020 will be 4455,44711 x +/- 1,37  = 6103,96 EUR
2021 will be 6103,96 x +/- 1,27       = 7752,03 EUR
2022 will be 7752,03 x +/- 1,17       = 9069,87 EUR
2023 will be 9069,87 x +/-1,07        = 9704,76939 EUR

Good charts that you had and I can't wait to see the price of bitcoin to be landing at 5 digit. As you had mentioned casualties and any other negative scenarios aren't included, do you think isn't that to early by not including those things that we are worrying? Or we don't have to worry about those things as bitcoin chart will clearly tell us that it will go up naturally.

Too soon to say that :).  No bad press to see Bitcoin under $1000.  People seems used to the political debate about Bitcoin Scalability and have accepted that it will take a long time to solve it.  Aside from that the effectiveness of the previous FUD had gone so I do not think Bitcoin price will crash that low.

technically it can be fixed really easily, and should have been done long ago.
the problem is political, and i'm not sure bitcoin will ever overcome the political struggle.

mostly because a lot of idiots still support the  obviously toxic blockstream.

if the bitcoin community would just ignore the toxic blockstream devs, bitcoin would be way better off. Instead, a lot of people seem to cheer them on.

Ridiculous.

So what we can do. Politics been involved in bitcoin when the price striking to big amount. If you look the bitcoin to see more than 1000$, Yes, we are moving to big amount and you can see the value around and more than 1100$.
Price fluctuations and forking pulling back the value but adoption rate takes off the value to big amount.

Triple digits might be on their way soon due to the mess ups from the Tether dollar and the trouble with Bitfinex right now.  After that fiasco is behind us, then we'll say goodbye for the long term.

What happened with Tether ? I did miss the news abut that one

Just wait and see how this political agendas will end up.  I just hope this agendas won' consume Bitcoin and lead it to its demise.  It is really getting tiresome reading debates and propagandas of these two camp but we cannot do anything about that except exit Bitcoin and look to other altcoin if we have enough of these stuff but of course we won't do that.  This political agendas is stalling Bitcoin to its greatness.

Personal or political agendas will not stop in bitcoin ecosystem. We can admit that both has its own agenda, but is it good for the bitcoin market price? absolutely not. Because every negative news has an effect on the price. It may has on some extent drive out some investors and move to alt-coins already. I hope a consensus can be reach so that so that we can really see the potential of bitcoin like going mainstream and adopted as mode of payment by big merchants.

Yes the halving is another thing we need to take into account when it comes to the price, when the last halving happened not much happened that month but after a few months passed the price began to climb so we must take this opportunity to buy bitcoin before the next halving.

Barry  is that you?   :D