This steady rise is gonna continue till halving

[rjclarke2000]

1k just doesn't cut it for me. Call it greed, call it stupidity, call it brave but I am in this for the long haul and I'll hold until we reach a far higher price than 1k.


I realise this may never happen but there is always a small possibility and I quote...



"He who dares, wins"

Derek 'Delboy' Trotter
Peckham, London.

[dothebeats]

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

U a permabear?

Even the biggest crash wouldn't bring bitcoin in single digits. There are always people who think hard on the negative instead of being realistic. Yes it might crash, we all know it, but not to the point that we'll see single digits.

[Zarathustra]

I don't think this rise is "the rise". We'll probably still have many months of little price movement, as we've seen the last couple months, a kind of staircase shape till the thing goes parabolic.

The last halving was priced in by the time it happened.

No, after the halving date a 50fold increase began.

[gentlemand]

No, after the halving date a 50fold increase began.

Do you really think that had anything to do with lower inflation?

ASIC, Willy Bot, China, positive noises from the senate. At no point did I see anyone mention a halving that took place multiple months previously.

[Zarathustra]

No, after the halving date a 50fold increase began.

Do you really think that had anything to do with lower inflation?

Yes, will happen again.

At no point did I see anyone mention a halving that took place multiple months previously.

Not necessery to 'mention' that the supply collapsed to the halve amount. That the reality is 'mentioned' or not is irrelevant.

[gentlemand]

Not necessery to 'mention' that the supply collapsed to the halve amount. That the reality is 'mentioned' or not is irrelevant.

It is unquestionably a reduction in supply, but in reality on the peak days of the madness the difference in availability would've probably been less than one per cent. Hundreds of thousands of coins were changing hands.

I guess it may well add up cumulatively but exchange availability is elastic enough to meet most demand while completely disregarding the underlying inflation or reduced amount thereof.

[Zarathustra]

Not necessery to 'mention' that the supply collapsed to the halve amount. That the reality is 'mentioned' or not is irrelevant.

It is unquestionably a reduction in supply, but in reality on the peak days of the madness the difference in availability would've probably been less than one per cent. Hundreds of thousands of coins were changing hands.

I guess it may well add up cumulatively but exchange availability is elastic enough to meet most demand while completely disregarding the underlying inflation or reduced amount thereof.

Trading is a zero sum game. Traders buy and sell and buy and sell. That doesn't raise the supply and therefore can't meet demand.

[freedomno1]

Expect 600 by new year and a new ATH before halving!!!

In a slightly bullish mood,
I would say want to bet on it but it may be to soon to make that thread with two months left ha-ha.

[disclaimer201]

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

Even more likely scenario: greed will take over and the rally has only just begun. Everyone and his mother will be buying in again. Then, we will see correction and some stagnation and a very slow price rise until July/August. When the greed switch is switched, we will easily see 600 by the end of December.

[smiletyson]

No it won't. We may see $400 on November (balloon) But not for a long time.
Price will decline back to $250-$350 in december. Maybe we'll see another rise till halvening.

[lolikop]

The ATH wont be reached if we hadnt negative responses,
 all those anti btc responses  i absolutly love it.

[ajareselde]

It all depends on how high it will go before the halving, and what will the situation with CNY and EUR on the market be.
So far it's looking good, but if inflates to 450-500$ before halving next year - i would be sceptical about it after that. Right now it looks like it's gonna breach 300$ any second now.

[mrbrt]

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the lst one, there was no regression

Exactly - this story has happened multiple times already.

[Zarathustra]

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the lst one, there was no regression

Exactly - this story has happened multiple times already.

Yes, first 'tulip' bubble to 32 (2011) and back to 3,
second to 266 (2013) and back to 50,
third to 1200 (2013) and back to 166,
fourth to 5000 (2016)
fifth to 20'000 (2017)

[WhatTheGox]

Expect 600 by new year and a new ATH before halving!!!

This current rise doesnt feel that steady, i think the halving will set off the next bubble though.  600 by new year seems really hard to believe but yeah i guess we've been there before so cant be that much a shock.

[DiamondCardz]

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

I really doubt this, and I'm not part of the crowd that thinks Bitcoin is "on the verge of global adoption" or "about to go to the moon". Bitcoin is still a fairly new and untested currency, despite what some of Bitcointalk thinks. There's quite a lot of time to go before we even see $1000/BTC again.

[Denker]

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the lst one, there was no regression

Exactly - this story has happened multiple times already.

Yes, first 'tulip' bubble to 32 (2011) and back to 3,
second to 266 (2013) and back to 50,
third to 1200 (2013) and back to 166,
fourth to 5000 (2016)
fifth to 20'000 (2017)

Brave prediction!I'm bullish but this is mega bullish"
How much the fourth and fifth bubble will correct in your opnion?

[designerusa]

I'm pretty sure we will see continuous ups and downs in bitcoin's price till halving, right before halving it will boom, after halving its' price will dramatically rise in short time and some people will leave (I can guess) but it will not lose its' price like 2013.

[spiderbrain]

We'll probably bounce off 317, go down to 280ish again, form a handle from that cup and then into orbit. After that is anyone's guess!

[Zarathustra]

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the lst one, there was no regression

Exactly - this story has happened multiple times already.

Yes, first 'tulip' bubble to 32 (2011) and back to 3,
second to 266 (2013) and back to 50,
third to 1200 (2013) and back to 166,
fourth to 5000 (2016)
fifth to 20'000 (2017)

Brave prediction!I'm bullish but this is mega bullish"
How much the fourth and fifth bubble will correct in your opnion?

The 2011 bubble corrected about 93 percent. The 2013er bubbles 'just' 80-85 percent. I guess the next bubbles will correct about 70 percent.