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Author Topic: BITCOIN going up or down  (Read 38524 times)
bitlancr
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November 22, 2015, 05:36:49 PM
 #241

I am wishing that we stay at the current price for an entire year. The only way that anyone that isn't rich can make a good portfolio of crypto, is if Bitcoin remains cheap. If it starts going up, it will be too hard to get 1 BTC. Right now with hard work and dedication, you can make 1 BTC almost monthly, in the future, the average joes like me will not be able to make 1 BTC a month anymore, this is fatal against the plan of having 2 figures in your BTC wallet (as in xx BTC, or at least 10..)

That is very good thought. Wall Street financial companies are not aware of the potential of bitcoin. So we are lucky to have these low prices. If the pension funds are fully aware of the potential of bitcoin, the price of bitcoin will be in hundreds of thousands. Average Joe will not be able to get hold of one bitcoin.

They are aware of it, but watching how bitcoin is getting developed. A little while ago they had a bitcoin fund for the nasdaq. Right now most of they see it as monopoly money.
But we made a great step since last year. More merchants accept it and with the upcoming holidays it's fair to say more people will buying btc and using it, which makes it a step closer to adoption.

This sentiment makes me believe the bitcoin price will go up.
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November 22, 2015, 06:27:30 PM
 #242

This weeks it is going down to maybe 270 usd. Then in the new year we will see a great rise to 500 or even more.

Make sure to follow the market charts.

Pollak
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November 22, 2015, 06:56:03 PM
 #243

Weirdly enough I would be ready to buy when we hit and hold 350 before I would buy right now. I know it doesnt make sense that I would like 350 over a lower price but I just feel like if it hits 350 it could run over 400 rather easily but around here we could drop into the 200s again

I think you are right. We have momentum and best way would if we would see 350 again, so the step to 400 is within our reach.

Now it feels we are futher away then ever.

bitcoin-hunter
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November 22, 2015, 07:39:47 PM
 #244

Weirdly enough I would be ready to buy when we hit and hold 350 before I would buy right now. I know it doesnt make sense that I would like 350 over a lower price but I just feel like if it hits 350 it could run over 400 rather easily but around here we could drop into the 200s again

I think you are right. We have momentum and best way would if we would see 350 again, so the step to 400 is within our reach.

Now it feels we are futher away then ever.

Expect a rally come december. Maybe just a week before christmas, but we patient holders will be rewarded with a bonus this year.
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November 22, 2015, 08:31:06 PM
 #245

The rally is over.
Now we have to sit and wit till the end of the year.

Come januari a fresh year will give us an extra impulse and the market will rally like it never did before.

I expect january and may to be very hectic
CryptoBjorn
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November 22, 2015, 08:58:52 PM
 #246

Sentiments are positive but I still expect it will go down. The way to the bottom (250) has started.

Maybe we will have some flirts with 350 again. But the 400 days are over.
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November 22, 2015, 09:14:33 PM
 #247

Maybe will go down short term because of normal flutuactions nad black friday sell offs, but the trend is up, at least before the halving.

Just don't keep coins after the halving day to not be caught by a dump

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November 22, 2015, 09:21:06 PM
 #248

My sentiment at the moment is stability.

It is, however, not impossible that we will see harsh price movements, either up or down:

- If the price manages to stay stable, above 300 or better 320 USD, some days more and then a slow upward trend begins, then I think a new bull run to $500 is perfectly possible, even still in November. Greed is the key; we have seen how fast it can go in the beginning of November, even if there may have been influence from China and Russia (and MMM).
- The other possible scenario is a small panic event when prices go downwards towards $300. Then there could be first sell-offs. Next station would be $266. I think this barrier is still psychologically important.

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MissionPhailed
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November 22, 2015, 09:56:49 PM
 #249

I might be premature with my vision, but its rather positive that the value of Bitcoin has 'settled' just above $300. This is well above the 'median' price throughout most of 2015, which was (very) rougly $250. I'd say the outlook is slightly positive; slow upwards trend, perhaps more or less influenced by block halving in the summer of 2016.
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November 23, 2015, 11:29:32 AM
 #250

The price will go up or down in short term. We cannot predict that. But we know the price will go up in long term.
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November 23, 2015, 11:50:54 AM
 #251

In the longterm it goes definitely up when all the problems (block size for instance) will be solved in the future. Remember that we will see block reward halving next year. Should have an impact on price.
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November 23, 2015, 02:24:30 PM
 #252

In the longterm it goes definitely up when all the problems (block size for instance) will be solved in the future. Remember that we will see block reward halving next year. Should have an impact on price.

This sounds plausible. I think the whales are preparing the price for the halving.

Maybe 400 end of december, then even higher in march. Before july 2016 (block halving) it will be around 600 (i predict).

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November 23, 2015, 06:42:24 PM
 #253

bitcoin is definitely going up. long is not forever, it might take long to rise but I believe in the end it will be stronger. for anything to be stable and strong, then it must grow slowly but sure
Pollak
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November 23, 2015, 10:19:56 PM
 #254

In the longterm it goes definitely up when all the problems (block size for instance) will be solved in the future. Remember that we will see block reward halving next year. Should have an impact on price.

This sounds plausible. I think the whales are preparing the price for the halving.

Maybe 400 end of december, then even higher in march. Before july 2016 (block halving) it will be around 600 (i predict).

Before the halving it will go up.. 100%. But everyting that happens before that is pure speculation. There is no way someone can know that.

equator
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November 23, 2015, 10:53:54 PM
 #255

bitcoin going up or down, is purely on the news and development of the bitcoin and crypto coins. if their is any bad news then the market will react and you can see the downfall of the bitcoin price, but that doesnt means that it will die but it is the opportunity to buy it because if any good news flow start the it will start going up, like what it happened in the recent time , that it went from $200 to $500 within 30 days and now it is just moving in the range of #300 - #350
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November 23, 2015, 11:53:52 PM
 #256

It is very hard to predict Bitcoin price in short term, but in long term it will almost sure be worth more in my opinion (if internet dont die of course).
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November 24, 2015, 08:28:02 AM
 #257

The thrill of the price occurs when bitcoin price only plays in a given range. In this way, we can make profits. Just do some reading and analyzation before going in a move.
bitcoin-hunter
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November 24, 2015, 09:06:30 AM
 #258

We don't really know but everyone is looking for the future (2016).
Just hope that in 2016 the price will be positieve.
newcoins1978
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November 24, 2015, 09:15:41 AM
 #259

You can't really predict with bitcoin, just speculate a bit.

If I have to think about the long term using and saving bitcoin I believe it will go up. But it won't happen over night.
zodiac3011
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November 24, 2015, 02:51:20 PM
 #260

You can't really predict with bitcoin, just speculate a bit.

If I have to think about the long term using and saving bitcoin I believe it will go up. But it won't happen over night.
The price of bitcoin can go up and can make a great differencd over night just like the last pump to 500. World events can affect bitcoin price
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