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

[vtr99]

thats clearly impossible price is sometimes going up or down but it most probably cant reach such big prices so fast

It's happened before, so it's clearly NOT impossible.

[elDano]

Speculation threads needs more valid argument, it is just blabbering without any foundation/base most of the time.

[Emersonnets]

I don't think so, not realistic in my opinion seeing as that btc is at $300

To be real I think it will be around 350 - 400 in a month

[vtr99]

Speculation threads needs more valid argument, it is just blabbering without any foundation/base most of the time.

It's only speculation to the kiddies and newbies who don't understand how to interpret facts. I never said it would happen in a month, but it will happen soon... You would have to be completely blind not to see it. 

[avw1982]

Read the comments, because most of them are spot on!

http://news.yahoo.com/doubters-strange-stock-market-rebound-155454732--sector.html

Everyone should read this! For some it would be eye opening.

Pretty amazing article and it's worth to read the comments beneath it.
This is going to end pretty bloody. I'll keep increasing my BTC stash.

yeah article and all fine and how Bitcoin rate grow up to this much level, I am able believe this things an all we can expect good level when compare to current price but this expectation is too much i feel. when china made a rule for banking system that time price flies like flight. Is anything happen like that again?

[98problems]

it would be kinda cool if this would happen because more people would be attracted to buying btc though i believe it is impossible

[justbitcoins]

it would be kinda cool if this would happen because more people would be attracted to buying btc though i believe it is impossible

I can safely predict the bitcoin price will not go over $1,000 within a month or 2 months. There is no big news to push the price higher.

[pitham1]

Thread started in June. Price failed to hit $1,200 in July. And in August. And in September.
Is OP too ashamed to show up and lock this thread?

why should he lock this thread. aren't the people here allowed to post here in your opinion? op can simply change the thread tittle to be updated again.

Why lock the thread? It will be interesting to see how long it takes to hit $1,200...

This thread could go on for ever.
We could languish in the $300s for ages. 

[posternat]

This thread could go on for ever.
We could languish in the $300s for ages. 

In 6 months, we will not see $300 for ever due to the adoption of bitcoin and the halving of block reward.

[vtr99]

This thread could go on for ever.
We could languish in the $300s for ages. 

In 6 months, we will not see $300 for ever due to the adoption of bitcoin and the halving of block reward.

Up almost 4% today. In 6 months we could easily be looking at double or triple the current price.

   BTC   359.84 USD   14,890,540   5,358,264,186 USD   172,575,257 USD   +3.84 %

[Lavavest]

Speculation threads needs more valid argument, it is just blabbering without any foundation/base most of the time.

It's only speculation to the kiddies and newbies who don't understand how to interpret facts. I never said it would happen in a month, but it will happen soon... You would have to be completely blind not to see it. 

It will not happen in a month, maybe in 6 months when the block reward halves and the block size is increased to 2MB or higher.

[QuintLeo]

Market analasys assumes a MATURE market, which Bitcloin is a long way from being.

 NEWS is the primary driver of bitcoin price movement, and right now the news is looking decidedly negative for the near and medium term.

 Probability ZERO of seeing 1000+ prices this year without a MASSIVE MAJOR POSITIVE new event or three.



 3-5% bitcoin price movement in one day is common, it does NOT represent a trend.
 Try looking at a WEEK at a time, unless some major holder/group is trying a pump-and-dump maneuver (the fact that is POSSIBLE is an indication of how immature the Bitcoin market is, and how small in absolute terms).

[vtr99]

Market analasys assumes a MATURE market, which Bitcloin is a long way from being.

 NEWS is the primary driver of bitcoin price movement, and right now the news is looking decidedly negative for the near and medium term.

 Probability ZERO of seeing 1000+ prices this year without a MASSIVE MAJOR POSITIVE new event or three.



 3-5% bitcoin price movement in one day is common, it does NOT represent a trend.
 Try looking at a WEEK at a time, unless some major holder/group is trying a pump-and-dump maneuver (the fact that is POSSIBLE is an indication of how immature the Bitcoin market is, and how small in absolute terms).

Yeah, whatever...  Bitcoin is plenty mature to know it has a very bright future. I don't need it to hit $1,000 in a month, I'm plenty happy with 100% gain in less than 12 months. But long term we will easily see $1,000 and many times that. All the BTC I bought back when thread was young is looking real nice. 

BTC   372.04 USD   14,898,740   5,542,917,873 USD   129,448,948 USD   +3.43 %

[1Referee]

Market analasys assumes a MATURE market, which Bitcloin is a long way from being.

 NEWS is the primary driver of bitcoin price movement, and right now the news is looking decidedly negative for the near and medium term.

 Probability ZERO of seeing 1000+ prices this year without a MASSIVE MAJOR POSITIVE new event or three.



 3-5% bitcoin price movement in one day is common, it does NOT represent a trend.
 Try looking at a WEEK at a time, unless some major holder/group is trying a pump-and-dump maneuver (the fact that is POSSIBLE is an indication of how immature the Bitcoin market is, and how small in absolute terms).

Even major good news won't bring the price to $1000 this year. If really, really good news pops up, then it could go to $450>$500>$550 and even to >$600>$650 and then it will cool down and the price falls back to around $500.

[wikenpp]

Wow what's happening with the price. 375 already.

Just a little bit more and we are at 400. Go bitcoin!

[vtr99]

Market analasys assumes a MATURE market, which Bitcloin is a long way from being.

 NEWS is the primary driver of bitcoin price movement, and right now the news is looking decidedly negative for the near and medium term.

 Probability ZERO of seeing 1000+ prices this year without a MASSIVE MAJOR POSITIVE new event or three.



 3-5% bitcoin price movement in one day is common, it does NOT represent a trend.
 Try looking at a WEEK at a time, unless some major holder/group is trying a pump-and-dump maneuver (the fact that is POSSIBLE is an indication of how immature the Bitcoin market is, and how small in absolute terms).

Even major good news won't bring the price to $1000 this year. If really, really good news pops up, then it could go to $450>$500>$550 and even to >$600>$650 and then it will cool down and the price falls back to around $500.

Or we could easily blow through the $1,000 mark and never look back. It just depends on how many people really want to own a Bitcoin. The increasing volatility and depreciation of fiat currency is making investors think more about BTC.

BTC   382.07 USD   14,900,590   5,693,030,754 USD   173,777,559 USD   +4.14 %

http://www.theguardian.com/business/2015/nov/29/chinese-yuan-imf-special-basket-of-currencies-us-dollar

[gkv9]

Market analasys assumes a MATURE market, which Bitcloin is a long way from being.

 NEWS is the primary driver of bitcoin price movement, and right now the news is looking decidedly negative for the near and medium term.

 Probability ZERO of seeing 1000+ prices this year without a MASSIVE MAJOR POSITIVE new event or three.



 3-5% bitcoin price movement in one day is common, it does NOT represent a trend.
 Try looking at a WEEK at a time, unless some major holder/group is trying a pump-and-dump maneuver (the fact that is POSSIBLE is an indication of how immature the Bitcoin market is, and how small in absolute terms).

Even major good news won't bring the price to $1000 this year. If really, really good news pops up, then it could go to $450>$500>$550 and even to >$600>$650 and then it will cool down and the price falls back to around $500.

Or we could easily blow through the $1,000 mark and never look back. It just depends on how many people really want to own a Bitcoin. The increasing volatility and depreciation of fiat currency is making investors think more about BTC.

BTC   382.07 USD   14,900,590   5,693,030,754 USD   173,777,559 USD   +4.14 %

http://www.theguardian.com/business/2015/nov/29/chinese-yuan-imf-special-basket-of-currencies-us-dollar

If we could actually see some stability after the $1k mark (if it really happens soon in few days), then that would be the most amazing thing we could witness, as Gold has been declined a lot these days getting interest of investors decreased out of it...

[vtr99]

Market analasys assumes a MATURE market, which Bitcloin is a long way from being.

 NEWS is the primary driver of bitcoin price movement, and right now the news is looking decidedly negative for the near and medium term.

 Probability ZERO of seeing 1000+ prices this year without a MASSIVE MAJOR POSITIVE new event or three.



 3-5% bitcoin price movement in one day is common, it does NOT represent a trend.
 Try looking at a WEEK at a time, unless some major holder/group is trying a pump-and-dump maneuver (the fact that is POSSIBLE is an indication of how immature the Bitcoin market is, and how small in absolute terms).

Even major good news won't bring the price to $1000 this year. If really, really good news pops up, then it could go to $450>$500>$550 and even to >$600>$650 and then it will cool down and the price falls back to around $500.

Or we could easily blow through the $1,000 mark and never look back. It just depends on how many people really want to own a Bitcoin. The increasing volatility and depreciation of fiat currency is making investors think more about BTC.

BTC   382.07 USD   14,900,590   5,693,030,754 USD   173,777,559 USD   +4.14 %

http://www.theguardian.com/business/2015/nov/29/chinese-yuan-imf-special-basket-of-currencies-us-dollar

If we could actually see some stability after the $1k mark (if it really happens soon in few days), then that would be the most amazing thing we could witness, as Gold has been declined a lot these days getting interest of investors decreased out of it...

I think we are far better off with a slow and gradual rise in price. As debt payable in fiat currencies continues to rise, it should automatically bring more upward stability to BTC and quality alt-coins. It's just a matter of time before logic dictates Bitcoin will win the battle as a long term store of value. Eventually gold will be a secondary player due to the superior portability, and security of Bitcoin. People will look back and think $400 BTC was an incredible bargain.

http://demonocracy.info/infographics/usa/world_debt/world_debt.html

[kingaltcoins]

It'll never reach $1000 until the next halving starts on July, 2016. Now, it'll merely stuck between $400 to $450.

[parmatiya]

It'll never reach $1000 until the next halving starts on July, 2016. Now, it'll merely stuck between $400 to $450.

$1000 for next July is quite ambitious. The halving can help it. If the block chain size is also increased, the price could be $1000 easily.