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

[vtr99]

Not bad for two of my favorites for a few hours.  Hopefully BTC next! 

Megacoin   MEC   0.02400632 USD   31,792,163   763,213 USD   54,007 USD   +8.88 %   

Shadowcoin SDC   0.09775053 USD   6,507,733   636,134 USD   1,289 USD   +15.81 %

[Altynbekova]

I do think that the price goes up. But I do not think that's going to happen so quickly in such a short time.

Indeed, it is very high, but I personally think it is going up.

But it takes a while it happens gradually clear.

[bitlancr]

No I don't see this happen I think it will not is even getting close to that number of the 1200-1300 dollar. I think the bitcoin will rise but to such a high number I think it will rise to 600 dollar maybe something near that number.

[vtr99]

As the bad news continues to roll in, Gold, Silver, and Bitcoin will start to move upward. Bad debt will be more and more of an issue just like it was in 2008, except now there is 40% more, and they can only take interest rates negative. The Nikkei just opened down sharply again. Bitcoin is cheap compared to where it's going soon.

http://www.cnbc.com/2016/02/04/us-layoffs-hit-75114-in-jan-surging-to-6-month-high-challenger.html

http://www.bloomberg.com/news/articles/2016-02-04/credit-suisse-investment-bank-slumps-as-thiam-speeds-up-overhaul

http://www.nytimes.com/2016/02/04/business/dealbook/toxic-loans-in-china-weigh-on-global-growth.html?_r=0

[angaper]

I think it will take a long time to see such price again. I don't like to be pessimistic, but I think it is better to be mentally prepared for an eventual plummeting of bitcoin in order to take all the precautionary measures, avoiding excessive confidence in an alleged rich future.

[vtr99]

I think it will take a long time to see such price again. I don't like to be pessimistic, but I think it is better to be mentally prepared for an eventual plummeting of bitcoin in order to take all the precautionary measures, avoiding excessive confidence in an alleged rich future.

Never invest anything you can't afford to lose. 1st rule of investing.

The 2nd and most important rule is, without big risk you can't make big money.

Speculation in high volatility investments isn't for everyone.  

Megacoin   MEC   0.02570959 USD   31,799,400   817,550 USD   21,219 USD   +8.42 %

[Backside walkaround]

Yowza, how much more wrong can you be?  Looks to me like bitcoin is just stagnating and we may not see much in the way of swings.  But we might.  But we didn't see what OP predicted.

[tn211]

No I think its unlikely, the market is to small right now, its of course unpredictable.
Also the market price is to low today to get to such a high price.

[vtr99]

Yowza, how much more wrong can you be?  Looks to me like bitcoin is just stagnating and we may not see much in the way of swings.  But we might.  But we didn't see what OP predicted.

That's why you are a newbie.    Stagnating since when?

Bitcoin has massive infrastructure that is growing each day. Look back at how many years it took Microsoft before it saw explosive growth. Bitcoin will eventually make Microsoft look like chump change. These idiots need to stop thinking about the once month part of his prediction since that is already history. As they say, good things come to those who are patient.
Meanwhile, there are plenty of exciting coins to make your fortune.  

Megacoin   MEC   0.03479522 USD   31,804,475   1,106,644 USD   74,590 USD   +42.25 %

[vtr99]

Talk about your Greek tragedies. 

http://www.cnbc.com/2016/02/05/citi-world-economy-trapped-in-death-spiral.html

Anyone else remember their role in the 2008 crisis?

https://www.quora.com/What-was-Citigroups-role-in-the-2008-financial-crisis

http://www.corp-research.org/citigroup

Chapter Two is coming to a location near you!

[vtr99]

Just as expected...

http://news.yahoo.com/greek-stock-market-falls-sharply-banking-sector-meltdown-001624353.html

http://www.marketwatch.com/story/why-a-selloff-in-european-banks-is-ominous-2016-02-07

http://news.yahoo.com/russia-shuts-down-two-more-banks-093516555.html

[vtr99]

Good thing we are in a recovery, otherwise the news could be worse.

http://dailycaller.com/2016/02/09/us-economy-braces-for-the-worst-after-asian-markets-implode/

http://www.usatoday.com/story/money/2016/02/09/sears-accelerates-store-closures-sales-continue-to-fall/80046634/

[sishendaoye]

I honestly do not think it's going to grow so fast. I think in fact it's going to grow, but I personally think not so fast. It grows little by little.
I think at the end of the year you get that price.

[gregyoung14]

I honestly do not think it's going to grow so fast. I think in fact it's going to grow, but I personally think not so fast. It grows little by little.
I think at the end of the year you get that price.

Yea, my same thoughts exactly. It's not growing drastically all the way up to 1200.. And im not saying that that can not happen. Guess all im saying is everyone who wants to be successful with BTCs ought to manage their expectations properly.

[vtr99]

I honestly do not think it's going to grow so fast. I think in fact it's going to grow, but I personally think not so fast. It grows little by little.
I think at the end of the year you get that price.

We will see Bitcoin follow gold, or lead the trend in gold and silver. While the markets are imploding, everything is going to go down. But as things get much worse, gold and Bitcoin will recover fast, and keep moving upward. We are still close to the beginning of this market implosion. 2016 will be far worse than 2008.

http://schiffgold.com/news/

[vtr99]

http://money.cnn.com/2016/02/09/news/economy/global-central-banks-options/

Gee, I wonder why?  

http://www.nytimes.com/2016/02/09/business/dealbook/nervousness-about-global-banking-giants-intensifies.html?_r=0

They either did ot on purpose, or they are incredibly stupid.

http://demonocracy.info/infographics/usa/federal_reserve-qe3/money_printing-2012-2013.html

Now

https://www.dollarvigilante.com/blog/2016/02/09/deutsche-bank-on-the-verge-of-failure-stock-price-collapses.html

And then,

https://www.dollarvigilante.com/blog/2015/09/28/another-black-monday-in-the-markets-will-deutsche-bank-be-this-cycles-lehman-bros.html

[Fabrizio89]

Euro will hit parity maybe in q4 or next year, by that time Bitcoin will skyrocket

[Supercrypt]

Euro will hit parity maybe in q4 or next year, by that time Bitcoin will skyrocket

The current economic slow down in almost all the countries and downfall of oil prices are some of positive factors for bitcoin prices to get pushed up now itself. Before halving itself, I strongly believe that we can see bitcoin prices goes to $1200 price levels.

[Lutzow]

Euro will hit parity maybe in q4 or next year, by that time Bitcoin will skyrocket

The current economic slow down in almost all the countries and downfall of oil prices are some of positive factors for bitcoin prices to get pushed up now itself. Before halving itself, I strongly believe that we can see bitcoin prices goes to $1200 price levels.

We can only hope that this one will come true but realistically, there could be a lot of sellers when the price reach around the 800-90 level so I don't see much push in price going to $1200 but I do hope it does.

[MaritiJames3]

Euro will hit parity maybe in q4 or next year, by that time Bitcoin will skyrocket

The current economic slow down in almost all the countries and downfall of oil prices are some of positive factors for bitcoin prices to get pushed up now itself. Before halving itself, I strongly believe that we can see bitcoin prices goes to $1200 price levels.

We can only hope that this one will come true but realistically, there could be a lot of sellers when the price reach around the 800-90 level so I don't see much push in price going to $1200 but I do hope it does.

I do not see this happen at all, this years its very unlikely it will happen, I think it can happen but it will take years before it can. This year it will be at a max of 700 dollar max, The bitcoin is also unpredictable but we will see what happen.