OrientA
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November 17, 2015, 10:36:59 PM |
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everyone voting 10k shows your all mostly vulnerable.. and easily manipulated.
whales know they can buy up tons and instantly jack up the price.. knowing delusional wide-eyed 10k kids will dive on BTC to ride that wave to 10k then the whale will laugh his ass off hard .. and dump like he has never dumped before. all over the added momentum the 10kids brought. bringing the whale one hell of a fancy profit !
and the whale can do that anytime he wants some extra cash. the current price of bitcoin will not mean anything to them (makes no difference)
the fact the majority think $10,000 a coin is even possible empowers whales to dominate the markets with severe manipulation.
and OP you put $500 in the title but not in the Polll ? i say it might spike up to $500 'ish winter time but it will go back down again.
When the price is over $10,000, it means the market cap is $210 billion. Bitcoin becomes quite popular then. There are more people use and invest in bitcoin. The effect of several big whales is not as important as that of today. The market cannot be manipulated easily.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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HarryKPeters
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November 17, 2015, 10:56:52 PM |
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I like the optimism, but we have to be realistic too. 500 should be just enough for the halving,with 600/700 we have reach a excellent price. Anything over that is big bonus!
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OrientA
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November 18, 2015, 01:18:31 AM |
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I like the optimism, but we have to be realistic too. 500 should be just enough for the halving,with 600/700 we have reach a excellent price. Anything over that is big bonus!
I do not care about a specific price of bitcoin. I just want it to be useful. In order to be useful, the price has to be stable. If the price volatility is like US dolloar, then it is excellent. However, it is not possible at the moment. The market capitalization is too small. If the price rises 20% a year, I am very happy. If the price volatility is less than 5%, I am even happier.
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ShetKid
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November 18, 2015, 03:22:14 AM |
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I like the optimism, but we have to be realistic too. 500 should be just enough for the halving,with 600/700 we have reach a excellent price. Anything over that is big bonus!
The only problem is the existence of so many bitcoins , so evenm after halving people could possible sell all their bitcoin just to profit and bring the stable price back to 300's
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elyas772
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November 18, 2015, 03:31:06 AM |
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we must positive thinking about bitcoin and im sure we can hit $500 at end of this month we will comeback to $1000
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Supercrypt
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November 18, 2015, 04:43:58 AM |
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we must positive thinking about bitcoin and im sure we can hit $500 at end of this month we will comeback to $1000 May be this month end or December end we can expect the testing of $500 levels again. Surely before halving we can expect the price to go above $1000 again. By end of 2016 definitely we are going to test $2000 levels. Believe in bitcoin.
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crazyivan
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November 18, 2015, 07:18:58 AM |
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I like the optimism, but we have to be realistic too. 500 should be just enough for the halving,with 600/700 we have reach a excellent price. Anything over that is big bonus!
This is probably the most realistic prognosis but I would go a bit above that. I think we can see $1k before the end of the next year. Another very important aspect is the price stabiliy. As long as we see these large price swings, no serious investor ll join BTC. This volatility only attracts scammers and speculators.
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azguard
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November 18, 2015, 01:18:21 PM |
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you think it will be this Friday? lets hope that wont be down price Friday
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Amph
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November 18, 2015, 02:21:32 PM |
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if this market is really in the hands of china people, why the day after the thanksgiving day should be important to them there were numerous festivity in the past none of them ever triggered something, new year’s day also was worthless in this regard and it is arguably the most important day
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WorldCoiner
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November 18, 2015, 02:33:08 PM |
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It's struggeling at the moment. We would need a move above the 400 to get closer to the 500. This would also bring additional media attention.
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lexuz
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November 18, 2015, 03:47:12 PM |
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if this market is really in the hands of china people, why the day after the thanksgiving day should be important to them there were numerous festivity in the past none of them ever triggered something, new year’s day also was worthless in this regard and it is arguably the most important day So you predict price will up before chinese lunar festival or maybe price goes down because many china people will sell their coin
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OrientA
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November 18, 2015, 11:37:32 PM |
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if this market is really in the hands of china people, why the day after the thanksgiving day should be important to them there were numerous festivity in the past none of them ever triggered something, new year’s day also was worthless in this regard and it is arguably the most important day So you predict price will up before chinese lunar festival or maybe price goes down because many china people will sell their coin The price shall no have relationship with the Chinese lunar festival. The Chinese stock market is not related to the Festivals in China. Bitcoin has is own price pattern. When we reach the consensus of blocksize, the price will reflect that. The discussion is not active now. A few months ago, there was fierce debate.
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newcoins1978
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November 19, 2015, 12:05:47 AM |
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Maybe mid december it will rise again. Not sure but I got a feeling the wales don't want bitcoin at 400 dollar before 2016.
So, when we reach 300 usd again I will start buying again.
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sirohige
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November 19, 2015, 12:08:53 AM |
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Maybe mid december it will rise again. Not sure but I got a feeling the wales don't want bitcoin at 400 dollar before 2016.
So, when we reach 300 usd again I will start buying again.
sell at $500 and buy back at $300 it's a good way to double your bitcoin but im not sure we will reach $500 at this year maybe in next year after halving block
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azguard
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November 19, 2015, 08:07:00 AM |
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Maybe mid december it will rise again. Not sure but I got a feeling the wales don't want bitcoin at 400 dollar before 2016.
So, when we reach 300 usd again I will start buying again.
sell at $500 and buy back at $300 it's a good way to double your bitcoin but im not sure we will reach $500 at this year maybe in next year after halving block if price goes above 400 then we can only w8 for price to stabilize and then we can see. but if pass this 400 price wont go down below again
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Amph
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November 19, 2015, 08:45:14 AM |
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Maybe mid december it will rise again. Not sure but I got a feeling the wales don't want bitcoin at 400 dollar before 2016.
So, when we reach 300 usd again I will start buying again.
most likely those whale are in cahoots with miners, so they have a certain target to stabilize the value at around certain level, they are preparing everything for the halving already i'll not be surprise if among miners there are early adopters or other kind of whale that manipulate the market
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fearlesscat10
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November 19, 2015, 09:09:46 AM |
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Maybe mid december it will rise again. Not sure but I got a feeling the wales don't want bitcoin at 400 dollar before 2016.
So, when we reach 300 usd again I will start buying again.
sell at $500 and buy back at $300 it's a good way to double your bitcoin but im not sure we will reach $500 at this year maybe in next year after halving block Sorry for the noob question, but when exactly next year is the halving going to happen?
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LMGTFY
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November 19, 2015, 09:36:51 AM |
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Sorry for the noob question, but when exactly next year is the halving going to happen?
Current projection is towards the end of July. The Chartbuddy bot is currently providing a block countdown ("BTH" - blocks to halving) over on the Wall Observer thread, though it's in blocks (obviously!), which I still can't translate into days/weeks/months!
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YouScam
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November 19, 2015, 09:38:14 AM |
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It did reach $500 There should be another thread: "Will bitcoin reach $1000 by end of year?"
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