Bitcoin goes to 1200-1300 (within a month?)

[porcupine87]

In some day Bitcoin will rise again. You can be sure that one crazy guess will be right. So take your change. If you are right you'll be the king

[1714974184]

1714974184

[yefi]

As for China and things being fresh, it seems we are forgetting that they still own 80% of the Bitcoin scene, and control the bigger alt-coin exchanges. With recent volatility in the Chinese stock market, they could easily push the price over a grand in a day or two. 

Shit, did you just see that whippet? It was travelling 3,500 MPH, just broke free of Earth's gravity, and exploded in the ionosphere. 

[vtr99]

As for China and things being fresh, it seems we are forgetting that they still own 80% of the Bitcoin scene, and control the bigger alt-coin exchanges. With recent volatility in the Chinese stock market, they could easily push the price over a grand in a day or two. 

Shit, did you just see that whippet? It was travelling 3,500 MPH, just broke free of Earth's gravity, and exploded in the ionosphere. 

The jump from $300 to $600, and then $900 happened very fast in November of 2013. I would expect the moves to happen even faster this time because there are a lot more traders, more solid exchanges, and a lot more money in play. Market conditions are far better for a sustained rally this time.

[HarHarHar9965]

In some day Bitcoin will rise again. You can be sure that one crazy guess will be right. So take your change. If you are right you'll be the king

Bitcoin has already increased so much this month, last month there were so many posts regarding how bitcoin is dying, how it is a hoax etc and now that bitcoin is actually hitting close to 290 dollars, these troll boys are nowhere to be found. Most of these trolls are either losers at gambling or people who did not hold and cry out here like a fucking disgrace to the adulthood.

[qwk]

The jump from $300 to $600, and then $900 happened very fast in November of 2013. I would expect the moves to happen even faster this time because there are a lot more traders, more solid exchanges, and a lot more money in play.

Those conditions speak for slower moves, not faster ones.

Market conditions are far better for a sustained rally this time.

More sustainable yes, faster no.

[Stedsm]

Your prediction is taking launch as it seems Bitcoin will surely be there till this month's end.
Will surely watch for the price as I was not aware of it past few days.

[Dilla]

Your prediction is taking launch as it seems Bitcoin will surely be there till this month's end.
Will surely watch for the price as I was not aware of it past few days.

Ease up, we are still in the $200s

[vtr99]

The jump from $300 to $600, and then $900 happened very fast in November of 2013. I would expect the moves to happen even faster this time because there are a lot more traders, more solid exchanges, and a lot more money in play.

Those conditions speak for slower moves, not faster ones.

Market conditions are far better for a sustained rally this time.

More sustainable yes, faster no.

When you have multiple defaults more than a dozen times larger than Cyprus in the same week, and faltering economies around the world at the same time, this makes for faster transitions, not slower. The fact that there are larger, more stable exchanges, and more volatility in stock markets will make it much easier to see massive increases or decreases in values. One only needs to compare volume now and then. Litecoin and Bitcoin have traded over half a billion dollars in the last 24 hours. Litecoin volatility in the past 24 hours proves my point... Things could happen MUCH faster this time.

http://bravenewcoin.com/price/price-index/

[Amph]

Your prediction is taking launch as it seems Bitcoin will surely be there till this month's end.
Will surely watch for the price as I was not aware of it past few days.

still too far away, if we rise only $25 in few days, we need 50+ of those 25 to reach the OP prediction

but it can happen , the same way it did with the $1200, but i'm not sure if the grexit and the litecoin pump, will be enough for it

[yefi]

The jump from $300 to $600, and then $900 happened very fast in November of 2013. I would expect the moves to happen even faster this time because there are a lot more traders, more solid exchanges, and a lot more money in play.

Those conditions speak for slower moves, not faster ones.

Yes, it's no accident that the fastest and relatively largest movements occur in the small-cap cryptos.

[gentlemand]

I wasen't there on November 2013 or whatever the year and the month was when the big pump happened but didn't that happen because of a huge Manipulation from Mtgox ? which is made by a bot called Willybot or something
and since Mtgox closed and no one is sure how they did , don't think it's gonna happen that easy this time

China was the real driver. It was even being pumped by Chinese TV. I'm sure Willy was a factor but Gox wasn't the biggest player by that point anyway. You hadn't been able to get USD out for several months by then.

Real people handed over real money for those $1100+ coins.

[vtr99]

The jump from $300 to $600, and then $900 happened very fast in November of 2013. I would expect the moves to happen even faster this time because there are a lot more traders, more solid exchanges, and a lot more money in play.

Those conditions speak for slower moves, not faster ones.

Yes, it's no accident that the fastest and relatively largest movements occur in the small-cap cryptos.

If you remember the 2013 rally, it was Bitcoin that jumped and the alts followed. Bitcoin and Litecoin have the largest market cap movements by far, the alt-coins just have higher percentage fluctuations. Like I said, those two coins did half a billion in transactions over the last 24 hours.

[wlefever]

Watching

[guy_wonderful]

Sorry for the long answer.
Now. Let's change stops from 238 to 279. Current price 290.
Bitcoin could reach 308 in next 4 hours. That would be great, new high from beginning of january.

Here is some explanation:
Here is some technical analysis:
As you can see blue line broken , is a good indicator. Before price tried to take off few times (white arrows at sec. pic.) but had not enought fuel then. These two things together they say, "hey we really want to go up but cant to that jet.
Will add more explanation later, cuz im gonna sleep now. it was nice movement today and hard day im tired, hope you made profits , relaxing for now, https://www.youtube.com/watch?v=ImOBrjSsHuw
We must be ready for major jump tomorrow.

What's the point of this if you are not betting money?

I do.

Big potential.
Trend : LONG at 260 and under, STOP AT 238<<<<<
Recomended money managment: risk 6% per trade.
I will update LONG prognosis in the topic.
Higher forces are not involved in this...
List of wonderful forecasts :
https://bitcointalk.org/index.php?topic=1104548

interesting speculation, but i can not agree with the time-frame of one month, at least not after passing a couple of days to see how the market will shape up to be like.

What you will say now?

I would like to hear more insight about OP's prediction. I don't see how it could get to such levels  just after leaving a 1 1/2 year long bear market trend. Something around $350 seems more realistic to me IMO.

"leaving a 1 1/2 year long bear market trend." - Actualy that's the major thing for me.
I cant really explain right now, head full of too much information. But still bitocin is something between stock and commodity and ponzi bubble. If it's grows it's will grow high and fast.

I wonder if this thread is gonna be part of his list of wonderful forecasts lol

This made me smile, thx.

Some reasoning behind the prediction would be much appreciated.

Bitocoin is something between stock and commodity and ponzi bubble. If it's grows it's will grow high and fast.

Big potential.

Trend : LONG at 260 and under, STOP AT 238<<<<<

Recomended money managment: risk 6% per trade.

I will update LONG prognosis in the topic.



Higher forces are not involved in this...








List of wonderful forecasts :
https://bitcointalk.org/index.php?topic=1104548

What makes you think BTC will reach 1.200 USD within a month?

Bitcoin is something between stock and commodity and ponzi bubble. If it's grows it's will grow high and fast.

Interesting dream you have OP, not that I mind your hope-rocket.

Just don't take it in a funny way, as this guy had some great predictions before which is why we follow him...
We are with you @OP, let's show them the spike they think we are just "bragging" about...

Cheers.!

What's your new cheap coin target?

very cheep at current moment.
239 still important "stop loss"

You still believe it will explode to $1200 by 8/1? or are you backing off of that prediction?

Sure. There was not a moment when I thought otherwise.

What's your new cheap coin target?

very cheep at current moment.
239 still important "stop loss"

You still believe it will explode to $1200 by 8/1? or are you backing off of that prediction?

exact numbers and timing points are less relevant than the opinion that we are at the beginning of a sharp uptrend.
If it will be proven to be so, such opinion should be considered VERY valuable.
However, I am not 100% convinced yet, so my slow accumulation continues (no bulk purchases yet).
One good sign, though: bitcoin price totally ignored the false block mining fiasco. Few months ago we would have lost at least 10% on that.
If bitcoin will ignore one more "negative" news for it, like Greece making a deal with EU on Mon-Tue, I would be convinced that we are at least in a medium term uptrend.

[vtr99]

Not that many people understand how a Ponzi Scheme works. There are even fewer who understand the benefits of Crypro currency.

If anything is a Ponzi Scheme it's fiat currency that isn't backed by anything, is unlimited in number, and can be created out of thin air...

Even banks are beginning to understand this technology is likely to make many of their services obsolete.

When something is based on math, it's usually much easier to determine true or false value. 

http://www.businessinsider.com/bnp-paribas-bitcoin-blockchain-securities-firms-redundant-2015-7?r=UK

https://www.youtube.com/watch?v=7-vYEsfsa30

http://insidebitcoins.com/news/is-bitcoin-better-than-gold-part-one-transaction-costs-and-centralization/32881

[Eastwind]

Yes. Fiat is more Ponzi than bitcoin.

[GotaPauj]

300$ is enough

[gentlemand]

300$ is enough

It's already smacked 300 out of the park on most exchanges. The question is whether it continues to fall upwards or not. Alts are showing there's an appetite for pumpage out there. If it's still 300 in a month that'll be fine with me but I'm curious to see whether the markets want more.

[vtr99]

300$ is enough

It's already smacked 300 out of the park on most exchanges. The question is whether it continues to fall upwards or not. Alts are showing there's an appetite for pumpage out there. If it's still 300 in a month that'll be fine with me but I'm curious to see whether the markets want more.

People are tired of trying to save money that loses value as fast as they can save it. Fiat kept in a bank is losing about 10% a year. So now they are going to raise interest rates. What do you think happens when rates go up on all this debt that can't be paid?

$1,200 Bitcoin will look like a bargain soon...

[guy_wonderful]

Got an alarm. Stop order at 279 Fulfilled. F**K

That's was too shot I assume. Now good stops looks like is at 263