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

[pariahbit]

I see Megacoin has made it up to #75 on http://coinmarketcap.com/.


Wait, did I say UP? Lol, DOWN, I meant down

And your point is? Does it make you happy? Did your parents mistreat you?

Wow, your coin used to be 75 once?! Good times, good times...
It's http://s33.postimg.org/vzja26v9r/Capture.gif

Props for still wearing it as your badge of shame  "I'm gud with muney, lol" sign avatar

[zimmah]

no i don't think that price form 600$ will rise to 1200$ even because of halving, because 30 days is not enough for that price rise as there will be people that will sell bitcoins so price won't rise that fast

but maybe after 2 months, this might be possible, to see 1200$ price after halving which will happen in 2 months, and this would be pretty awesome for bitcoin and all bitcoin users

30 days is more than enough

even 7 days is enough

I will go as far as saying it could happen in 2 or 3 days. We have had a couple bumps of nearly $100 that happened overnight, and this is simple accumulation due to speculation. Once a real rally gets underway the price could spike very rapidly. I expect we will see some major price movement as we get closer to the halving. You have to remember crypto is a lot more developed and well known now than it was in late 2013. As I have said many times, all it will take is a relatively small group of people deciding they want to own at least 1 Bitcoin. I have no doubt that day will be here soon, and when it does the smart people will holding BTC as a long term hedge, not selling for a quick profit.

agreed, in a 'real' rally you usually know the top is in when the last 7 days saw about a 100% increase in price. And usually the last 2 or 3 days are the fastest.

So with the next run we can see amazing numbers flying by, and several $100 a day is nothing new.

[Ethey]

I will throw my fiat into BTC until SHA-256 is cracked.

Started buyin at $1200...... I am the bag holder king.


I like wild predictions .  This guy has been full bear mode until like a month ago... soo..

oh man you are in over your head ... but I won't tell you to stop ...

So continue to do you! mr "I bought at 1200 USD!"   

Addition: I think that buying at 1200 makes you the bag holder king of losses but that's relative!

I am proud of you for sticking to your goals and dreams and Hodling!

You begin to be offensive hihi

Any opinions on this "golden cross" situation?


Golden crosses.. green dragons.. all sorts of crazy chart patterns as of late.

One of the guys on our forum who likes to look at things from a TA point of view noted this...

https://i.imgur.com/iE8bpUo.png

http://www.investopedia.com/terms/c/cupandhandle.asp

I was also in full bear mode until about 6 weeks ago. There is plenty of evidence the winds of change have arrived. I believe we will see a lot more upside in the near future.

 

1200 seems a little bit too high for me after the halving but 1000 seems pretty sure..

[yefi]

I said the original prediction was premature and this turned out to be true -  this thing is like turning round an oil tanker. It takes time to build up momentum and for fear to recede.

And now? Now we are at a point, I think, where it's possible. I still wouldn't say it's the likeliest outcome pre-halving, but neither can it be blithely dismissed.

[pariahbit]

I said the original prediction was premature and this turned out to be true -  this thing is like turning round an oil tanker. It takes time to build up momentum and for fear to recede.

Yeah, you don't wanna rush these things.

http://www.smh.com.au/content/dam/images/3/9/7/p/m/image.related.articleLeadwide.620x349.zrsf9.png/1401371604930.jpg

But we're finally heading in the right direction, I think the worst is over...

[yefi]

Sure. All those tiny 1mm torpedos you fired would seem worthwhile also then. Unfortunately, you may not get your wish.

[Cyaren]

Well, yeah. As I said everything is pretty much possible with bitcoin, as it is undeniably a very good technology and is an innovation on all the previous technology. We just need more publicity, and the pumps will come naturally.

We've already reached 1100 before... 1200 is just another 100 dollars. That's nothing.

[vtr99]

If you stocked up at $200 not long ago, this has to be some of the easiest money ever made!  

Bitcoin $624.61 USD   9,773,600,000 USD   15,647,465   473,950,000 USD   + 7.05 %

As I predicted, as we approach $10 Billion in market cap the price will start to accelerate. Only 37 days until BTC becomes a lot more rare.  

A few minutes later... 

Bitcoin $650.3 USD   10,177,000,000 USD   15,650,000   638,732,967 USD   + 11.5 %

[guy_wonderful]

Isn't bitcoin wonderful?

[spiz0r]

Wov just hit 700 USD at huobi!

[richardsNY]

Isn't bitcoin wonderful?

Bitcoin has always been wonderful. The current price increase shows that long term holders get rewarded big time for their trust and patience.

[bitlancr]

Isn't bitcoin wonderful?

Bitcoin has always been wonderful. The current price increase shows that long term holders get rewarded big time for their trust and patience.

Right now a lot of people will make some big profits due to the fact the price is rising to some nice prices.
I really believe in the bitcoin again.

[vtr99]

Isn't bitcoin wonderful?

Bitcoin has always been wonderful. The current price increase shows that long term holders get rewarded big time for their trust and patience.

The beautiful thing is that this rally is across the board! It supports what I've said all along... Those who accumulate for the long term usually come out way ahead of those who try to day trade.

Bitcoin $683.61 USD   10,699,313,242 USD   15,651,165   744,210,000 USD   + 9.16 %

[avw1982]

Well, yeah. As I said everything is pretty much possible with bitcoin, as it is undeniably a very good technology and is an innovation on all the previous technology. We just need more publicity, and the pumps will come naturally.

We've already reached 1100 before... 1200 is just another 100 dollars. That's nothing.

The closer we come to the block halving, the higher the price will be. Once we are like a month away from the halving, then people look back at this price of $630 as being very low. The price will definitely rise to much higher levels. Just have some patience and collect yourself as many coins as possible. After the block halving it will be much harder to do so.

[Cyaren]

Isn't bitcoin wonderful?

Bitcoin has always been wonderful. The current price increase shows that long term holders get rewarded big time for their trust and patience.

The beautiful thing is that this rally is across the board! It supports what I've said all along... Those who accumulate for the long term usually come out way ahead of those who try to day trade.

Bitcoin $683.61 USD   10,699,313,242 USD   15,651,165   744,210,000 USD   + 9.16 %

Yeah, bitcoin just hit 10 billion USD market cap, which is great.

Well, anything can happen with bitcoin, you know. It could go to 1200-1300 in a month or so, or maybe it'd take another decade for us to achieve that. Nobody really knows right now.

[Karartma1]

If you stocked up at $200 not long ago, this has to be some of the easiest money ever made!  

Bitcoin $624.61 USD   9,773,600,000 USD   15,647,465   473,950,000 USD   + 7.05 %

As I predicted, as we approach $10 Billion in market cap the price will start to accelerate. Only 37 days until BTC becomes a lot more rare.  

A few minutes later... 

Bitcoin $650.3 USD   10,177,000,000 USD   15,650,000   638,732,967 USD   + 11.5 %

Nice one yeah.

I've always waited for this day. I knew it was coming back. We're riding the wave: this is the most difficult and exciting time at the same time.
This is the time of nerves and strong rational thinking.
We're onboard and we should be prepared for everything!

[fearlesscat10]

If you stocked up at $200 not long ago, this has to be some of the easiest money ever made!  

Bitcoin $624.61 USD   9,773,600,000 USD   15,647,465   473,950,000 USD   + 7.05 %

As I predicted, as we approach $10 Billion in market cap the price will start to accelerate. Only 37 days until BTC becomes a lot more rare.  

A few minutes later... 

Bitcoin $650.3 USD   10,177,000,000 USD   15,650,000   638,732,967 USD   + 11.5 %

Nice one yeah.

I've always waited for this day. I knew it was coming back. We're riding the wave: this is the most difficult and exciting time at the same time.
This is the time of nerves and strong rational thinking.
We're onboard and we should be prepared for everything!

This makes me so sad that I didn't have much cash when it was still around $200. Do you guys think it's still wise to buy at this point? Do I go all in? 

[bitcoinhopper]

I don't have much knowledge about your estimates but I know that in the next month because of halving the price is really going to that much value.

I also do not have that much knowledge but I know that the price is not going to be around 1200 or 1300 this year. That is not going to happen. Especially with the possibility of the halving coming.

The halving could double the price as the supply of new coins is reduced. The SegWit could double the price again.

The value of Bitcoin will be higher and that is also that you are going to make some profit but you have to know that it can takes a long time until it will reach that.
But it should be nice if we can all make some profit with Bitcoin but we cant control it and that is the problem.

[hermanhs09]

Isn't bitcoin wonderful?

Bitcoin has always been wonderful. The current price increase shows that long term holders get rewarded big time for their trust and patience.

The beautiful thing is that this rally is across the board! It supports what I've said all along... Those who accumulate for the long term usually come out way ahead of those who try to day trade.

Bitcoin $683.61 USD   10,699,313,242 USD   15,651,165   744,210,000 USD   + 9.16 %

Very nice stats there. If we can get this trend going strong until the halving day, then we'll certainly reach the 1200-1300 mark in no time at all. We can even exceed that mark by some margin.

Go go BTC!

[vtr99]

If you stocked up at $200 not long ago, this has to be some of the easiest money ever made!  

Bitcoin $624.61 USD   9,773,600,000 USD   15,647,465   473,950,000 USD   + 7.05 %

As I predicted, as we approach $10 Billion in market cap the price will start to accelerate. Only 37 days until BTC becomes a lot more rare.  

A few minutes later... 

Bitcoin $650.3 USD   10,177,000,000 USD   15,650,000   638,732,967 USD   + 11.5 %

Nice one yeah.

I've always waited for this day. I knew it was coming back. We're riding the wave: this is the most difficult and exciting time at the same time.
This is the time of nerves and strong rational thinking.
We're onboard and we should be prepared for everything!

This makes me so sad that I didn't have much cash when it was still around $200. Do you guys think it's still wise to buy at this point? Do I go all in? 

My honest feeling is that this is the "Month" where we see the OP's original prediction come true. I believe his numbers will be exceeded, and there is even more massive upward momentum coming.
As always there will eventually be a correction, but I think we are closer to the bottom than the top. I can see many stock investors moving to the Bitcoin and alt-coin scene as Crypto becomes the investment of the future.

Market cap $11 billion and climbing! 

Bitcoin $716.15 USD   11,210,196,969 USD   15,653,340   755,750,749 USD   + 10.2 %