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MoneyGod
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April 26, 2014, 09:03:13 PM |
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with the recent downtrends, it's gonna take a while to reach 1k mark , may be end of this year.
Yes agree its can take too much time because now panic selling is too much and pressure is on this btc |
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romerun
Legendary
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Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
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April 27, 2014, 04:43:32 AM |
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So according to your chart, the next top will be late Jul ish and around the $4k mark?!
no, it only says as long as we are in the channel, we are still in the long term bull, bitcoin rally cycle is around 6-7 months in the past, at the end of may or so we should see another spark of rally. By august or so we shouldn't see one btc worth less than 800 ever again. |
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DubFX
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April 27, 2014, 04:45:30 AM |
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So this question appears again...will we hit 1k again?
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oXo
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April 27, 2014, 05:39:46 AM |
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it's actually fun to see one of the old impossible threads becoming possible after bitcoins reached $1000, maybe the bitcoin might worth 1 million dollar like the other thread.
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inaparkin
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April 27, 2014, 06:56:57 AM |
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my grandma says it will come by the end of year to 4789 USD
will the bitcoin reach $1000 one day...? yes it got to that in 2013 |
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go4nature
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Activity: 70
Merit: 10
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April 27, 2014, 07:35:23 AM |
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IF we don't have any serious problem like Mtgox/ or countries banning bitcoin with in six month we can reach $1000 easily.
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voanquan
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April 27, 2014, 08:47:17 AM |
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Depend on China
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faiza1990
Sr. Member
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Activity: 420
Merit: 250
★☆★777Coin★☆★
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April 27, 2014, 09:23:11 AM |
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Depend on China
No China is doing nothing with this bitcoin its just a rumor |
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dharmapuriharithaa
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Activity: 70
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April 27, 2014, 10:36:36 AM |
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Currently china has second most bitcoin users in the world. So banning bitcoin in china will affect the price.
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ReBoRn
Sr. Member
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Activity: 392
Merit: 250
Bitcoin will survive
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April 27, 2014, 12:30:04 PM |
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Currently china has second most bitcoin users in the world. So banning bitcoin in china will affect the price.
But now we have many time this news China is not going to ban this then why again and again this rumor moving here |
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boumalo
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April 27, 2014, 12:40:58 PM |
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IF we don't have any serious problem like Mtgox/ or countries banning bitcoin with in six month we can reach $1000 easily.
I think you are right : the price would rise if the atmosphere around Bitcoin improves and if we don't have any negative big news for a while |
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Cyberdyne
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April 29, 2014, 03:46:13 AM |
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the price would rise if the atmosphere around Bitcoin improves
I guess that rules out Beijing then. |
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durrrr
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April 29, 2014, 05:25:06 AM |
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if the china thing was all a rumor then why did the price sky rocket in december? could anyone explain this?
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greenlion
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April 29, 2014, 09:18:20 AM |
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I think China will be a factor in a future rally but in a completely different capacity than just driving price via exchange trading. The gradual encroaching restrictions have propelled huge expansion in mining as a substitute bitcoin acquisition method, and it's very possible this demographic is less inclined to sell for fiat as quickly as their western counterparts. The Chinese middle class has a LOT of savings with nowhere to make a return, and have both great access to ASIC mining hardware via individual purchase domestically and through investing in more professional ventures. It's very plausible that in the near future, a much lower percentage of mining supply will be sold on short timescales just for fiat, and a more hoarded supply necessarily leads to less resistance to upwards price pressure.
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faiza1990
Sr. Member
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★☆★777Coin★☆★
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April 29, 2014, 10:35:57 AM |
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if the china thing was all a rumor then why did the price sky rocket in december? could anyone explain this?
Its just because many peoples was buying and used this in holidays but after back to back few scams its badly came down |
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Tammy Chan
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April 29, 2014, 10:43:25 AM |
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Currently china has second most bitcoin users in the world. So banning bitcoin in china will affect the price.
But now we have many time this news China is not going to ban this then why again and again this rumor moving here People keep spreading the news to pump and dump the price. |
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Thyaga
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April 29, 2014, 01:37:46 PM |
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would be very difficult to penetrate the $ 1,000. because at this time was hard enough to reach $ 600. may cause rumors BTC in china.
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rohnearner
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April 29, 2014, 02:03:00 PM |
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would be very difficult to penetrate the $ 1,000. because at this time was hard enough to reach $ 600. may cause rumors BTC in china.
Not may be but it is one of the impacting reason why the market is on a down trend... this fud is going on around for a while now .. god knows when this will stop impacting the market and will be treated like a rumor only. |
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sj2199
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April 29, 2014, 02:06:59 PM |
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it is good if it reaches $1000 or even more... if this happens then present bitcoiner would be largely profited
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boumalo
Legendary
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April 29, 2014, 02:59:27 PM |
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would be very difficult to penetrate the $ 1,000. because at this time was hard enough to reach $ 600. may cause rumors BTC in china.
Not may be but it is one of the impacting reason why the market is on a down trend... this fud is going on around for a while now .. god knows when this will stop impacting the market and will be treated like a rumor only. 1000$ may feel really far away from some when we have been going down from 1200 to 450 now and all uptrends have stopped before 700 but the FED is inflating the USD as we speak with a very small growth, unfunded liabilities, a trillion a year commercial deficit, the economy has a huge government to support so we are heading to a huge crisis that should have happened after the .com bubble burst in 2001 but was postponed by inflating new bubbles |
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