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

[Rizky Aditya]

Well this thread was in june so bitcoin was not around 1200-1300 dollars. Now the price for bitcoin is okey, is around 450 dollars.
This month I think it just reach to 500 dollars but it won't break it I think.

Who cares? I've more than doubled my money since my first post on this thread. Like I said, much better to have a slow build upwards than massive volatility. 

No one is going to get massive profit just from holding, as you said you have to play with the volatility otherwise do not invest since there is no point to hold bitcoins for years when it's clear that is not the way to go.

That is not true. I have held onto my bitcoin for 6 years and I sold most at $1000 and bought at $100, that's a decent profit if you ask me.

[vtr99]

Well this thread was in june so bitcoin was not around 1200-1300 dollars. Now the price for bitcoin is okey, is around 450 dollars.
This month I think it just reach to 500 dollars but it won't break it I think.

Who cares? I've more than doubled my money since my first post on this thread. Like I said, much better to have a slow build upwards than massive volatility. 

No one is going to get massive profit just from holding, as you said you have to play with the volatility otherwise do not invest since there is no point to hold bitcoins for years when it's clear that is not the way to go.

This time around (for BTC), I've been buying and holding since the low $200s as I mentioned earlier in this thread. Last time I made gains similar to the other poster, bought in early 2013, and sold in late 2013. So I'd say on average I buy and hold for at least a year. The big winners in Bitcoin, and other alts are going to be the ones who can hang on the longest.
I think selling BTC now will prove to be a big mistake. There will be volatility, but the long term direction is going to be UP, Big Time!

[guy_wonderful]

Guy_WOnderful is Right as always

p.s
Heloo Guys

p.p.s
I was kinda bussy lately. Now Back. Maybe will post some good shit, maybe will came back when bit will hit 700  it matters from your questions, if you have. Sorry, cant asnwer to pm very fast. >:l

[parmatiya]

Guy_WOnderful is Right as always

p.s
Heloo Guys

p.p.s
I was kinda bussy lately. Now Back. Maybe will post some good shit, maybe will came back when bit will hit 700  it matters from your questions, if you have. Sorry, cant asnwer to pm very fast. >:l

I think it will not rise to $700 until March 2016. So you will not post anything in this thread until then?

[XinXan]

Well this thread was in june so bitcoin was not around 1200-1300 dollars. Now the price for bitcoin is okey, is around 450 dollars.
This month I think it just reach to 500 dollars but it won't break it I think.

Who cares? I've more than doubled my money since my first post on this thread. Like I said, much better to have a slow build upwards than massive volatility. 

No one is going to get massive profit just from holding, as you said you have to play with the volatility otherwise do not invest since there is no point to hold bitcoins for years when it's clear that is not the way to go.

That is not true. I have held onto my bitcoin for 6 years and I sold most at $1000 and bought at $100, that's a decent profit if you ask me.

Bitcoin is not even 6 years old until tomorrow so I doubt you have been holding for so long, please don't lie. Second, imagine you bought your bitcoins at 1000$ and you are still holding to this day, what are your expectations exactly? The price won't jump to 100k any time soon if at all, what is the point of holding? Someone who bought at 1000$ should have sold way eariler at 900$ or 800$ at most to avoid heavy losses.

[vtr99]

Well this thread was in june so bitcoin was not around 1200-1300 dollars. Now the price for bitcoin is okey, is around 450 dollars.
This month I think it just reach to 500 dollars but it won't break it I think.

Who cares? I've more than doubled my money since my first post on this thread. Like I said, much better to have a slow build upwards than massive volatility. 

No one is going to get massive profit just from holding, as you said you have to play with the volatility otherwise do not invest since there is no point to hold bitcoins for years when it's clear that is not the way to go.

That is not true. I have held onto my bitcoin for 6 years and I sold most at $1000 and bought at $100, that's a decent profit if you ask me.

Bitcoin is not even 6 years old until tomorrow so I doubt you have been holding for so long, please don't lie. Second, imagine you bought your bitcoins at 1000$ and you are still holding to this day, what are your expectations exactly? The price won't jump to 100k any time soon if at all, what is the point of holding? Someone who bought at 1000$ should have sold way eariler at 900$ or 800$ at most to avoid heavy losses.

And why use a worst case scenario? Most of us that were smart enough to buy around $200 or less are quite happy with 100% plus returns. It is possible, but I doubt we will see BTC at prices that low ever again. In my opinion $1,000 at some point in the near future is a sure thing. Eventually I'm fairly sure we will see BTC at more than ten times that. I plan on increasing my holdings, and hanging on to them for many more years regardless of the price.

And for your information, Bitcoin has been around for 7 years. http://historyofbitcoin.org/

[praprata]

Well this are just dreams right now. Either we go back to 300 dollar or we get support at 500 dollar.
These are the only scenario's i am taking at hand.

[uki]

Well this are just dreams right now. Either we go back to 300 dollar or we get support at 500 dollar.
These are the only scenario's i am taking at hand.

How about staying where we are for another 3 months? For now we don't have many reasons for moving either to the upside or to the downside. Halving is still too far away to have the real impact, yet the sentiment turned into positive in 2015. We probably need more time to build the steam for the next bigger move.

[vtr99]

Well this are just dreams right now. Either we go back to 300 dollar or we get support at 500 dollar.
These are the only scenario's i am taking at hand.

How about staying where we are for another 3 months? For now we don't have many reasons for moving either to the upside or to the downside. Halving is still too far away to have the real impact, yet the sentiment turned into positive in 2015. We probably need more time to build the steam for the next bigger move.

What happens with the economy will have a bigger effect than anything else. Irresponsible governments have created debt beyond most intelligent people's imagination, and that reality will soon make 2008 look like a picnic. One of the few safe havens will certainly be Bitcoin.

http://www.usdebtclock.org/

[vtr99]

I suspect we will soon look back at $400 BTC as a tremendous bargain. The fiat game is about to be revealed as the world's biggest Ponzi scheme. Back when the massive debt was hidden in the housing bubble, it was not so obvious. Now that governments own it, there is no place to hide since there is no longer any real economic growth. Liberal tax and spend policies, and government incomptence are going to be revealed as the biggest scam on Earth.

http://www.marketwatch.com/story/us-stocks-set-for-tumble-at-open-as-china-fears-return-2016-01-04

[wikenpp]

I suspect we will soon look back at $400 BTC as a tremendous bargain. The fiat game is about to be revealed as the world's biggest Ponzi scheme. Back when the massive debt was hidden in the housing bubble, it was not so obvious. Now that governments own it, there is no place to hide since there is no longer any real economic growth. Liberal tax and spend policies, and government incomptence are going to be revealed as the biggest scam on Earth.

http://www.marketwatch.com/story/us-stocks-set-for-tumble-at-open-as-china-fears-return-2016-01-04

Chinese numbers came out and again it was not what investors expected.
It's fair to say 2016 will be turbulent for international markets.

Here we can find a gap for bitcoin.

[vtr99]

I suspect we will soon look back at $400 BTC as a tremendous bargain. The fiat game is about to be revealed as the world's biggest Ponzi scheme. Back when the massive debt was hidden in the housing bubble, it was not so obvious. Now that governments own it, there is no place to hide since there is no longer any real economic growth. Liberal tax and spend policies, and government incomptence are going to be revealed as the biggest scam on Earth.

http://www.marketwatch.com/story/us-stocks-set-for-tumble-at-open-as-china-fears-return-2016-01-04

Chinese numbers came out and again it was not what investors expected.
It's fair to say 2016 will be turbulent for international markets.

Here we can find a gap for bitcoin.

The markets have been manipulated, and anyone with a brain knows it. I laugh when people say BTC is being "pumped". BTC reminds me of U.S. coins before they stopped minting them in silver. Multiply that times a thousand or more.
Along with markets in free fall, we are looking at a perfect storm as Europe tumbles out of control due to idiotic immigration policy.


http://www.breitbart.com/london/2016/01/04/revealed-1000-migrants-brawl-rape-sexually-assault-steal-one-german-train-station-new-years-eve/

http://www.express.co.uk/news/politics/631357/PEGIDA-launches-Britain-vow-fight-Islamification-of-the-West-Tommy-Robinson

http://www.marketwatch.com/story/chinas-rigged-markets-could-fall-much-further-much-faster-2016-01-04

[vtr99]

You guys know that this thread was started in June, right? Thus far:

July:          Nope.
August:      Sorry, no.
September: Maybe next month
October:     Definitely next month
November:  Working on it.
December:   Don't rub it in
January:     This time, for sure!

Embarrassing

@vtr99, how's that shitcoin of yours doing?

Time is on our side. I don't look at profits over weeks, or months. I make my conclusions and ride it out. 2016 will be a great year for Bitcoin. The only thing embarrassing here is the lack of intelligence shown in your posts. 

As I've said before, I made over 30,000% on Megacoin. One of the best investments I ever made...

[richardsNY]

Well this are just dreams right now. Either we go back to 300 dollar or we get support at 500 dollar.
These are the only scenario's i am taking at hand.

I don't think $300 will happen anymore unless there is very bad news showing up. I really believe it is possible to stay above $500 to build a solid support level around the $500 level to not let it fall below it. It just takes time.

[crairezx20]

Well this are just dreams right now. Either we go back to 300 dollar or we get support at 500 dollar.
These are the only scenario's i am taking at hand.

I don't think $300 will happen anymore unless there is very bad news showing up. I really believe it is possible to stay above $500 to build a solid support level around the $500 level to not let it fall below it. It just takes time.

It will down bellow $300 after halving ends but for now the price will rise gradually around 470-480.
so keep your bitcoin until reach 470 above and sell it nearly halving ends..

[bitlancr]

For the price to reach this high some significat party has to join and buy.
Not Amazon accepting bitcoin directly but some huge bank buying bitcoins.

I don't see anything like this happen in the next year or so.

[BitcoinAddicts]

For the price to reach this high some significat party has to join and buy.
Not Amazon accepting bitcoin directly but some huge bank buying bitcoins.

I don't see anything like this happen in the next year or so.

I think the best for Bitcoin is a financial crisis.

[richardsNY]

Well this are just dreams right now. Either we go back to 300 dollar or we get support at 500 dollar.
These are the only scenario's i am taking at hand.

I don't think $300 will happen anymore unless there is very bad news showing up. I really believe it is possible to stay above $500 to build a solid support level around the $500 level to not let it fall below it. It just takes time.

It will down bellow $300 after halving ends but for now the price will rise gradually around 470-480.
so keep your bitcoin until reach 470 above and sell it nearly halving ends..

It will go down to $300 after the block halving? Surely not. It will only go higher. After the halving the price will at least be higher than $700.

[Evansloin]

This month no.
This year no.
Next year yes.

Why?
I don't see the price tripling in 1 year.

[SpeedyCapo]

Maybe in july with the block halving.

But not before that. There is much more news needed for this to happen.