Back then the money required to pump up the price was significantly lower than now. Right now it will take much more money to do the same trick.
Yeah right, really legit argument, NOT. You think they didn't say the same thing back then? Read the OP. Bitcoin is not even 1% of gold's market cap. 1% price change of gold is a piece of cake. Gold has risen 20% with the past 2 months. The entire world is standing behind Gold. Tell me who's standing behind Bitcoin beside a few wealthy traders who are only interested in short term profits? |
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I always have the bitcoinwisdom bitstamp chart open all the time. It's for me the best for keeping an eye on the price. I only wish that they were showing a much larger part of the live orderbook. I am looking for a site as clarkmoody where they were showing a huge list of the live orderbook from MtGox. So far I haven't found it.
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It will go up but I'm sure there'll be a lot of Sell orders that will come up upon reaching the $450 mark again.
Any price above $450 will attract sellers. For some reason it is a good price level to sell at considering how many coins are being sold. I guess these guys have bought their coins below $250 in 2015. Good profit. |
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It's febuary now, price is 420$, but it might, and probably will, rise more, maybe to 500$ again
The price will be over $500 in the next 2 to 3 months. The market will react to the block halving earlier than expected. It's not earlier than expected. It's just a normal price increase considering people are buying themself a good position in the market. The real pump that people are waiting for will happen a few weeks to a month before the actual block halving. i hope to happen after halving when most will dump cuz they were disappoint with price then few month after halving i expect bigger price change When people start dumping like there is no tomorrow the good traders know that it will make them a lot money in a very short time. It's an expected dump that a lot people can benefit from. |
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I don't get any 502 gateway errors but since yesterday and today pages seem to take ages to load. Seems like the forum is under heavy load?
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It's always the same with CCN. Why can't they simply predict this upfront instead of creating articles about stuff that already happened?
When the price goes up they release an article with "The price is moving up nicely". And when the price is going down hard they write "Price is collapsing".... Seriously?
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i think have more than 1 wallet is for farming. U know calm? Yes like calms give (i forget but maybe worth 10$ btc) to old wallet on blockchain.
It can be used for farming purposes such as giveaways, but the biggest reason for having several wallet addresses is purely security and anonymity. |
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Hey, I just oppened a short after seeing the litle rise on bitfinex.
Am I the only one expecting a small dump back to 420 before it starts to rise again?
Didn't it already happen today? It dropped around $20 in a very short time frame. I think at this point people are already happy with the fact that the price is sitting above $400 for now. |
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Bitcoin is growing slowly recently, it has been a while since we saw bitcoin at $1k, in 4 years it should worth around $1k at least
I think the price will reach $1000 late this year. It will be $2000 by the end of 2020. It could be higher. This year it will not go to a high amount, soon or later it will but not this year, also 2020 will be one of the best bitcoins years. This is also because there will come a halving again in that year so the price will rise again so we will see something in the range of 1500 dollar that year. How do you already know that 2020 will be one of the best years for Bitcoin? Bitcoin grows every year and it will continue for as long as there is demand for Bitcoin. This makes each year a good year for Bitcoin. |
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I think we'll see some action till the price comes very close to $500 and then it will slow down or even stop for a while as it will be a real struggle to break through $500.
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Exchanges will never admit creating volume or using insider information for their trades. I fully believe exchange owners are well aware of the fact that when there are loads of coins being deposited in their exchanges that they will use this in their advantange to short. I am only not sure whether they are selling this information to wealthy traders. Don't think so, but it's definitely possible.
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People still need to get used to the fact that when they go into bitcoin, they don't hold a phsyical item anymore.
Luckily, even though it is not phsyical, you are actually completely in control over your own bitcoins, which is something you don't have when you have fiat in a bank account.
I think you may be right that we will see a substantial increase in the near future, but 5000 may be a bit too much. I'm still thinking 3000 will be the top of the next real rally.
Nope pal, no chance to reach 3000$ or 5000$ in this block halving Maximum It will be reach upto 1000$ I guess But this not a fair speculation from you. No chance? Are you kidding me? Don't you know anything about bitcoin? It went from 10 to 270 in 2013. And idiots like you sold at 20$ and regretted for their entire life. A 27x rise is nothing new to bitcoin and it happens all of sudden, without any warning. Back then the money required to pump up the price was significantly lower than now. Right now it will take much more money to do the same trick. |
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we can assist to another pump like the one that make us get out of that atrocious 2xx range
i believe 700+ is the next target before the summer, around spring(not first day of spring...)
Reaching and staying above $500 will already be a real challenge, let alone reaching $700 before the summer. The closer we come to the $500 level, the more likely it is that the price will get pushed down like $30-$40. It has happened a few times already. |
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It's febuary now, price is 420$, but it might, and probably will, rise more, maybe to 500$ again
The price will be over $500 in the next 2 to 3 months. The market will react to the block halving earlier than expected. It's not earlier than expected. It's just a normal price increase considering people are buying themself a good position in the market. The real pump that people are waiting for will happen a few weeks to a month before the actual block halving. |
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People who say that Bitcoin can reach $1 million per coin at some poin in the future are not being realistic. They keep fooling themselfs. I think anything between $1000-$5000 is surely possible. Especially when Bitcoin is getting used as an investment tool by institutional investors. These guys have the money to move Bitcoin beyond what we think is possible. Without them we'll probably keep sitting below $5000 for ever. We only need Bitcoin to gain more popularity among average joe people as being a currency and an investment tool. The rest will go automatically.
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I thinks Bitcoins does not need any bank because it has the facilities of keeping our own money in our laptop, mobile through the block chain digital wallet.
Bitcoin banks are nothing more than third parties holding your wealth. Only noobish people will make use of these Bitcoin banks because they will probably get a certain interest rate for storing their coins there. Our Bitcoin clients that we have installed on our PC's are Bitcoin banks. We don't need anything else. |
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I think buying 1 Bitcoin today is a very good long term investment, Bitcoin is still very young and there are only 21 million Bitcoins which can be mined in total. Bitcoin usage is getting more momentum each day and the future looks very bright. So your 1 BTC will surely be worth much more in several years from now.  For all people here 'long term' has a different meaning. One thinks 1 year is long term, and the other thinks in terms of 5 years to be long term. 1 Bitcoin can bring you a decent profit, but it's not enough to get a lot profit from it unless it shoots up to $10,000 per coin at some poin in the future. |
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I am quite sure that a small portion of these "offline" drugs transactions are already happening with Bitcoin. It may not always be in the legal way, but it's a good example of how things can work. I am only not sure how the governments will keep an eye on the revenue if nearly all transactions go through Bitcoin.
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To me the current monthy salary payout works out quite well. I don't feel the need to seeing this change any time soon. But it would be nice if people are being given the option to choose their payout period if they so wish.
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