Bitcoin ready to take off!!!

[Q7]

It doesn't matter. I would prefer price to stay the same and maintained that way. Have you noticed that price has stayed relatively stable for the past few months? That shows that volatility has finally settled down to allow business adoption. That's the level of confidence that we need moving ahead, not just some overnight jump and then goes back to square one when the dust finally settles down.

[neurotypical]

It is hard to tell if bitcoin will reach similar price like in late 2013. I think we don't have any potential now. After great bitcoin news like: experimenting with blockchain potential use for financial institutions and new Canada's pro bitcoin law, I don't see any price rise so I don't believe in $1000 BTC - I think we need to wait for the next halving to find out.

News don't mean insta pump. It's when lots of good news stack up overtime, where a pump happens out of a sudden, because people realize they've been ignoring the obvious, so they want to get in all at once.

[Bagatell]

Twaddle

Newbies making the overly abused comparison to Beanie Babies = Obvious Troll

So you quote him. (－‸ლ)

[rivoke]

Had a read of this:
http://www.finance-guy.net/finblog/bitcoin-storm-brewing

Bitcoin looks similar to how it was back in late 2013   Similar price and volatility... that was right before the big jump over $1,100

are we ready for the next big jump?  How high do you think we'll go on this one?

Probably more than what we expected. It still have potential for increasing because their market still vibrant. Just need more time before this can happen.
If we look back before 2013, we can't expected if bitcoin can increase into $ 1000. And for now we are now in same line but in different time

[sbrzol]

Had a read of this:
http://www.finance-guy.net/finblog/bitcoin-storm-brewing
Bitcoin looks similar to how it was back in late 2013   Similar price and volatility... that was right before the big jump over $1,100

I personally believe Bitcoin is ready to enter a bull market. I still want to read what arguments this article has to offer. I am very disappointed. 

Writer thinks "a storm is brewing" because Bitcoin has low volatility similar to late 2012 before the massive rally and then states Bitcoin is ready to make a huge move, but "not sure if this will be up or down"? He didn't commit to a direction, magnitude or time frame. Basically, he pointed out the obvious and deduced nothing.

Yeah, perfect article if the writer is only 16 years old. 

[fearlesscat10]

Had a read of this:
http://www.finance-guy.net/finblog/bitcoin-storm-brewing
Bitcoin looks similar to how it was back in late 2013   Similar price and volatility... that was right before the big jump over $1,100

I personally believe Bitcoin is ready to enter a bull market. I still want to read what arguments this article has to offer. I am very disappointed. 

Writer thinks "a storm is brewing" because Bitcoin has low volatility similar to late 2012 before the massive rally and then states Bitcoin is ready to make a huge move, but "not sure if this will be up or down"? He didn't commit to a direction, magnitude or time frame. Basically, he pointed out the obvious and deduced nothing.

Yeah, perfect article if the writer is only 16 years old. 

We've been seeing threads like this and articles like that for the past few months. What else is new?

[tyrexs]

i'm not to wait bitcoin get big jump, what i want bitcoin grow up and i think price stable is nice

[Eastwind]

stop waiting for bitcoin to take off. these times are over. be happy with a slower but stable year on year growth instead of a temporarily peak. we're done with that.

I like the slow rise, which will happen after more adoption.

[ajareselde]

stop waiting for bitcoin to take off. these times are over. be happy with a slower but stable year on year growth instead of a temporarily peak. we're done with that.

I like the slow rise, which will happen after more adoption.

For bitcoin to have more massive adoption it needs another hype, not the other way around. If there was no pump and ath of 1200$, you wouldnt have 30% of what you have now in terms of
adoption. If this Grexit thing cooks things up, it could start a massive amount of spaculator investments, and then you can have your adoption.

Why do u think people would want to spread their business on something that doesnt have demand or popularity? They wouldn't. So for adoption to grow, there must first be more people interested in it.

cheers

[pooya87]

i personally like bitcoin price moved in the past few months. it is a steady overall growth starting from under $200 which can be considered the lowest price and worked its way up to this level at $450.
a sudden (huge) rise in price means an upcoming fall afterwards, but the steady growth will be more stable than a jump.

[pumawolf]

i can feel the pressure building up  towards the halving  ,  we shall see if bitcoin bukkake happens when the halving  cums .

[Amph]

stop waiting for bitcoin to take off. these times are over. be happy with a slower but stable year on year growth instead of a temporarily peak. we're done with that.

well i guess we could live with bitcoin as it is right now, it is not that bad as it was at the beginning, if nothing will happen and bitcoin remain niche then i'm sure bitcoin will find its spot, anyway

[Searing]

i can feel the pressure building up  towards the halving  ,  we shall see if bitcoin bukkake happens when the halving  cums .

I'd sure like BTC here in the near future jump up at the same % as LTC recently did.....then it could play its 'SIDEWAYS PRICE GAMES'

for another few months and I would be content (hey it can go up in a staircase type manner ... I'm not proud)

but this current price 'dead calm sideways stuff' is getting on my last nerve! ( I mean come on already...go up!)

crap probably 'jinx'd it'

[devnull2]

I'm sure it will climb to 300$ soon.

[Herbert2020]

looks like there is enough buy resistance that the price has nowhere to go but up.

i wonder how much?

[Searing]

looks like there is enough buy resistance that the price has nowhere to go but up.

i wonder how much?

damn I believe you!

(like the young girl with 'round heels' that picks up sailors from the docks....'sure baby I'll be back don't worry')


waving hankie at the dock hoping my 'BTC ship will come in....so to speak

(damn that BTC kool aid I drank in 2013 was powerful stuff)
 

[mayflor2]

No I don't think we share a similar thinking on this matter. the 2013 shoot was due to a number of uncertain factors which I don't really see this year. the growth has been very steady and constant, which makes me out of all very happy. It kinda assures that though there will not be a sudden rise in the prices of the bitcoin, there won't be any drop either, that is, we are looking at a constant growth in the rates in the coming future. This week has been great and I hope the trend continues.

[moneyflow]

let us not be greedy and think about it again. do we really want the same situation/ fluctuations as 2013? I don't think so. the current market is so smooth and steady that i don't wish for anything else but this assured growth in the bitcoin prices rather than heart failing fluctuations. this is satisfactory in my opinion. also, i dont think 2013 will repeat itself, even with greece becoming bankrupt.

[jaredboice]

stop waiting for bitcoin to take off. these times are over. be happy with a slower but stable year on year growth instead of a temporarily peak. we're done with that.

If there were 7 Billion Bitcoins, I'd say you might be right.  But there's only gonna be 21 Million of these suckers, and nations are still unsure on how to deal with it.  Trust me when I say that the party is just beginning

[Eastwind]

stop waiting for bitcoin to take off. these times are over. be happy with a slower but stable year on year growth instead of a temporarily peak. we're done with that.

If there were 7 Billion Bitcoins, I'd say you might be right.  But there's only gonna be 21 Million of these suckers, and nations are still unsure on how to deal with it.  Trust me when I say that the party is just beginning

The total number of bitcoin is irrelevant. bitcoin is dividable.

I like slow rise, 25% (or a rate corresponding to adoption) a year is fine with me.