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Author Topic: Bitcoin Price Hits Highest Level Since August  (Read 6418 times)
coinpr0n
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October 28, 2015, 09:37:59 AM
 #61

The bitcoin price hits highest level since July. If we go up a little more even we can start saying highest price since start of 2015.

OccidentalCoin
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October 28, 2015, 11:03:59 AM
 #62

The bitcoin price hits highest level since July. If we go up a little more even we can start saying highest price since start of 2015.

Were we in the longest bear market of bitcoin? Are we out of the bear market? What is the watershed price to enter bull market?
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October 28, 2015, 12:03:46 PM
 #63

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

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October 28, 2015, 04:31:26 PM
 #64

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

This is also my main concern. This time could be different. We have Gemini now, it is regulated and has bank to custody our money.
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October 28, 2015, 04:59:36 PM
 #65

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement.
smith coins
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October 28, 2015, 05:53:16 PM
 #66

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement.

The price is going back bellow than $300.
At the moment it is 298 as shows on coindesk bitcoin price chart.
I think it should take the highest level on November or December for this year
zodiac3011
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October 28, 2015, 11:39:52 PM
 #67

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement.

The price is going back bellow than $300.
At the moment it is 298 as shows on coindesk bitcoin price chart.
I think it should take the highest level on November or December for this year
that can be sure yet as the price climbing faster than normal is a sign of unstability. We cannot sure what will happen with it. And the halving is coming soon too so this is unpredictable
OccidentalCoin
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October 29, 2015, 08:19:58 AM
 #68

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement.

The price is going back bellow than $300.
At the moment it is 298 as shows on coindesk bitcoin price chart.
I think it should take the highest level on November or December for this year
that can be sure yet as the price climbing faster than normal is a sign of unstability. We cannot sure what will happen with it. And the halving is coming soon too so this is unpredictable

If the price rises too fast, it is not good for the medium. We need lower volatility to show the bitcoin as a value store and currency.
Betwrong
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October 29, 2015, 08:50:40 AM
 #69

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement.

The price is going back bellow than $300.
At the moment it is 298 as shows on coindesk bitcoin price chart.
I think it should take the highest level on November or December for this year

But now the price is above $305 again. It looks like it is stabilizing there, around $300, but I think it will reach $320 and will stay at that point +- $20 several months from now.

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Amph
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October 29, 2015, 10:20:47 AM
 #70

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement.

The price is going back bellow than $300.
At the moment it is 298 as shows on coindesk bitcoin price chart.
I think it should take the highest level on November or December for this year
that can be sure yet as the price climbing faster than normal is a sign of unstability. We cannot sure what will happen with it. And the halving is coming soon too so this is unpredictable

If the price rises too fast, it is not good for the medium. We need lower volatility to show the bitcoin as a value store and currency.

well it's not something that depend from us, for now it's more important that the price rise, because we are too low, it does not matter much if we reach 1k in 1 day or 1 year

when the price will reach a good position, that it's better to look at steady grow and stability, but they are not important for the time being
prodigy8
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October 29, 2015, 10:35:12 AM
 #71

But now the price is above $305 again. It looks like it is stabilizing there, around $300, but I think it will reach $320 and will stay at that point +- $20 several months from now.

The price has been increased too much for now.
But i think it is the real price for October.
I think that by the end of the year will reach the maximum price for 2015
zimmah
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October 29, 2015, 04:25:02 PM
 #72

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement.

The price is going back bellow than $300.
At the moment it is 298 as shows on coindesk bitcoin price chart.
I think it should take the highest level on November or December for this year
that can be sure yet as the price climbing faster than normal is a sign of unstability. We cannot sure what will happen with it. And the halving is coming soon too so this is unpredictable

If the price rises too fast, it is not good for the medium. We need lower volatility to show the bitcoin as a value store and currency.

We can't maintain a stable price at this range forever, bitcoin is way too small.

A single person can buy up all bitcoins at current price if he wants. That's not healthy for a worldwide currency.

We won't be stable for several years to come, bitcoin is too small and too fresh to be stable.
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October 29, 2015, 04:58:33 PM
 #73

I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement.

The price is going back bellow than $300.
At the moment it is 298 as shows on coindesk bitcoin price chart.
I think it should take the highest level on November or December for this year
that can be sure yet as the price climbing faster than normal is a sign of unstability. We cannot sure what will happen with it. And the halving is coming soon too so this is unpredictable

If the price rises too fast, it is not good for the medium. We need lower volatility to show the bitcoin as a value store and currency.

We can't maintain a stable price at this range forever, bitcoin is way too small.

A single person can buy up all bitcoins at current price if he wants. That's not healthy for a worldwide currency.

We won't be stable for several years to come, bitcoin is too small and too fresh to be stable.

Yes we will have volatility for several more years.But this will be volatility on the way up!!I can live with that.
OccidentalCoin
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October 29, 2015, 06:22:28 PM
 #74

Yes we will have volatility for several more years.But this will be volatility on the way up!!I can live with that.

Can you live with the two year bear market we just experienced. It could take another year to reach the $1200 level in 2013. That is three year in total.
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October 29, 2015, 07:27:04 PM
 #75

its nice to hear that as it means bitcoin is getting more popular lets hope the price will keep on rising

 
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zimmah
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October 29, 2015, 07:46:08 PM
 #76

Yes we will have volatility for several more years.But this will be volatility on the way up!!I can live with that.

Can you live with the two year bear market we just experienced. It could take another year to reach the $1200 level in 2013. That is three year in total.

yes, it's easy to live with that, because even though the bear market can last for years, we all know it's going to bull eventually, and when it does, it will go big.

go big or go home.
actmyname
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October 29, 2015, 08:10:31 PM
 #77

Today's been the highest since January, back when it started falling from the 2014 price.

This can't last, we all know that. (But a man can hope)

sana9821
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October 29, 2015, 09:04:59 PM
 #78

well thats cool lets hope this trend will keep on going and bitcoins price will go to the new heights what would attract more investors

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October 29, 2015, 09:06:29 PM
 #79

Today's been the highest since January, back when it started falling from the 2014 price.

This can't last, we all know that. (But a man can hope)
A small correction would be healthy to cool down the technical indicators.
The important part of the story is what will happen next. Whether the possible correction will be shallow or we go back to mid $200 levels. It looks, at least for now that there is a potential to see further grows in the remaining two months of the year.

this space is intentionally left blank
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October 30, 2015, 04:24:29 AM
 #80

The price right now at preev is $328 for 1 bitcoin I expect to see bitcoin's price at $335 today Grin
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