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kaselit
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November 03, 2015, 08:09:41 AM
 #1

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November 03, 2015, 08:22:39 AM
 #2

skyrocketing??

this is only start my friend

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November 03, 2015, 08:30:08 AM
 #3

Sky rocketing would be tomorrow sitting at $500 I am putting it down to Santa getting all his gifts together haha.
Seriously though I doubt you can pinpoint it to one reason, it could be down to China, the sell off of the silk road coins or just natural increase.
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November 03, 2015, 08:33:53 AM
 #4

Is there a way to monitor where the BTC come from?

What do you mean by that, my friend? Did you meant BTC transactions? Or who's the creator of Bitcoin? Or monitoring BTC Price?
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November 03, 2015, 08:40:03 AM
 #5

Well theirs plenty of money to be cleaned in China so its inevitable that Bitcoin will rise with such a huge populous wanting to move their cash.
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November 03, 2015, 08:41:22 AM
 #6

BTC transactions
Yes, you can see where BTC transactions came from and where they went to (of course, all by Bitcoin addresses, not real life info).
All you need is the tx hash, and you can look it up on https://blockchain.info/
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November 03, 2015, 08:43:22 AM
 #7

its called a, correction after a long bear market / bubble - question is how much correction there has been / inflated it is - and when it stabilises/pops.   (delete as appropriate)
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November 03, 2015, 08:47:08 AM
 #8

Is there a way to understand why the value is skyrocketing?

Q. What is happening ?
A. It is going up

Q. Is there a way to understand ?
A. Define "Understand".  Basic Market Forces.

Q. why the value is skyrocketing ?
A. There are more buyers than sellers at current price.

Implied-question - "Why are buyers buying now ?"
Possible answers - Accumulative sentiment ("Bitcoin *still isnt dead ?! and going up again ? Better grab some"),
Insider Knowledge, Big-Evil-Secret-Market-Manipulators, Technology gaining traction, Impending World Economic Collapse (in some areas), Phase of the moon, Media Hype, or any combinatorial mix of the above.

That should cover about 90% of questions in the speculation area Smiley
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November 03, 2015, 08:47:57 AM
 #9

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price
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November 03, 2015, 08:55:30 AM
 #10

Is there a way to understand why the value is skyrocketing?

Not really. It can have various reasons. Just make sure you have bought your coins before the rally started, so you can enjoy seeing the value of your coins go up.

Sky rocketing would be tomorrow sitting at $500 I am putting it down to Santa getting all his gifts together haha.
Seriously though I doubt you can pinpoint it to one reason, it could be down to China, the sell off of the silk road coins or just natural increase.

With Huobi and OKCoin everything is possible. Both exchanges went over $400 today. I wonder where they will settle at. My guess is in the range of $400-$450 perhaps to stay there for a few weeks.

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November 03, 2015, 09:28:39 AM
 #11

You can't keep the basketball under water forever, that's what's happening.

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November 03, 2015, 09:33:31 AM
 #12

these crazy increases are really spooking me out, im happy but I just dont get it.
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November 03, 2015, 09:45:05 AM
 #13

one that affects a sharp skyrocketing bitcoin might china or perhaps because of halving..


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November 03, 2015, 09:47:01 AM
 #14

those of you who are bubble virgins will not understand what is happening right now. you are supposed to have a bull orgasm and not question the meaning of this

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November 03, 2015, 10:06:26 AM
 #15

skyrocketing??

this is only start my friend

hope to see price goes to glory days like end of 2013 and beginning of 2014



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November 03, 2015, 10:14:25 AM
 #16

Is there a way to understand why the value is skyrocketing?


well this article is claiming the first to call it..and say it could be a huge bubble if china jumps in again

(man I hope these guys are correct) Smiley

http://www.zerohedge.com/news/2015-11-02/reason-bitcoins-recent-surge-revealed














 

 

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November 03, 2015, 05:16:11 PM
 #17

Is there a way to understand why the value is skyrocketing?


well this article is claiming the first to call it..and say it could be a huge bubble if china jumps in again

(man I hope these guys are correct) Smiley

http://www.zerohedge.com/news/2015-11-02/reason-bitcoins-recent-surge-revealed

Yes, early September they were already writing about possible jump in price if Chinese start avoiding capital controls. This is a very plausible scenario in my head.

I rather hope that this is causing a price rise, than MMM ponzi scheme for example. Besides the Chinese, we had many more bullish news in the last few weeks. But Chinese exchanges are leading the pace so I guess it's them avoiding capital controls.
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November 03, 2015, 05:18:38 PM
 #18

China, EU Tax ruling, being mentioned in mainstream magazines, and now mainstream media. The more it goes up, the more attention it gets -> more people involved -> price further up -> even more attention, etc. This pretty much explains it, even though nobody can be completely sure. I feel sorry for the bears.

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November 03, 2015, 05:20:25 PM
 #19

Demand (reasons already mentioned in thread) >>> Supply (sellers mostly already sold out)
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November 03, 2015, 05:32:29 PM
 #20

Is there a way to understand why the value is skyrocketing?

Telling skyrocketing when the price is only 400 us dollar mean have no dreams about bitcoin. We have much more hopings. At least me. This price is ridiculous one for me. When the price will go higher than 5k only in that situation we can tell that it was only the beginning of the skyrocketing. The true skyrocketing can be over 10k us dollar. Those are the figures of the true bitcoin. The bitcoin which is wanted from many of us.
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November 03, 2015, 05:39:29 PM
 #21

Is there a way to understand why the value is skyrocketing?

Not likely. Sit back and enjoy the show. Don't sell your coins cheap.

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November 03, 2015, 07:04:56 PM
 #22

Bitcoin's price are trying to reach to its true value which was suppressed for long time.It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.
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November 03, 2015, 07:07:24 PM
 #23

I do agree with those who say don't sell your bitcoins so cheap.There should price for 1 bitcoin at least 2k-3k $ for current period of time.Price are moving in right direction and still is time to get the train on while it is slow.

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November 03, 2015, 07:08:58 PM
 #24

If there aren't any pump then i should look for an answer.
Currently i hink that the chinese exchanges are pumping the price.
And this time harder than ever, for a long time since the time when the price was $1,000
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November 03, 2015, 07:11:23 PM
 #25

Bitcoin's price are trying to reach to its true value which was suppressed for long time.It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Yes that is more like price is getting correction as so many trade experts said price will get floor around $600 before end of this month or maybe can go more higher this than.
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November 03, 2015, 07:14:08 PM
 #26

Price is going higher with natural growth so i am enjoy this golden era. Grin

I don't think that the recent increase is natural growth.
I think that it is more than pumps from the chinese people.
The price can go even more higher if they do not stop Smiley
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November 03, 2015, 07:38:14 PM
 #27

This is happening because of injected money of Chinese investors and the way it is growing don't seem natural growth at all.If it was slow but steady increase over the time that could be considered normal.Where it will stop we don't know but this time it seems to reach a new all time high in coming weeks or months.

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November 03, 2015, 07:42:09 PM
 #28

What happening that is really great and like most wonderful i hope this will continue and will reach $1000 very soon.









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November 03, 2015, 07:43:45 PM
 #29

And it's gone.....   $51 drop in 15 minutes.
    Tongue  Hopefully just the dumpers getting the greed out of their system again.   

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November 03, 2015, 07:55:51 PM
 #30

It is quite normal to see dumps happening while it is going upwards.I personally see prices going at 1000 USD this time and then some stability in price for couple of weeks and then again boom in price after halving of blocks next year.
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November 03, 2015, 08:30:14 PM
 #31

And it's gone.....   $51 drop in 15 minutes.
    Tongue  Hopefully just the dumpers getting the greed out of their system again.   


You haven't seen shit yet. Even a rise of 200$ followed by a fall by 300$ before rising again 400$ in 24 hours is a perfectly normal market action at times of super bullish price discovery. Until the rally lasts it will always recover and conquer even greater heights. Every time it crashes like that could be the final time but we will never know. For example, we might run up to 10000$ per BTC, then fall down to 6000$ temporarily, only to capture 17777$ the next day. The swings will get bigger as the climax gets closer.

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November 04, 2015, 07:17:00 PM
 #32

what we all w8 for long time price is rising and this is good
lets just hope that some altcoins were following this jump or this will be only for btc



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November 21, 2015, 04:33:58 PM
 #33

what we all w8 for long time price is rising and this is good
lets just hope that some altcoins were following this jump or this will be only for btc

Now that the big euphoria has gone and all us who hoped the verified of our big dream to see finally bitcoin at high levels of price are quieter, can be made the reflections from all this pleasant event. We had a very high increase of the price of bitcoin which reached more than 100% of its initial price. A jump which honor bitcoin. But then, slowly and with steps, this increase become decrease. Until today this price is not yet arrived at the initial price but seems to be stopped or move up and down at the level of 30%-35% above the initial one. I think that yet is a very good price if bitcoin will remain here. Will testify a real increase of demand and further spread of it and if this is true this price will be the beginning of the newer one cycle. Which maybe will repeat the same cycle as it was the last. And if this story will continue in this way, that will be the verification of our dream. Bitcoin at the price wondered by all of us. Go for it! Slowly but sure.
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November 21, 2015, 06:01:27 PM
 #34

Is there a way to understand why the value is skyrocketing?

sad to say that the skyrocketing didnt have enough fuel to go full blast till the end of the month.
but its ok, we wil havel our rocket fuelled next year maybe?

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November 21, 2015, 06:09:59 PM
 #35

i doubt that someone can understand the price of bitcoin or predict what price will be after some time we can only speculate

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November 21, 2015, 09:17:07 PM
 #36

Is there a way to understand why the value is skyrocketing?

Not likely. Sit back and enjoy the show. Don't sell your coins cheap.

330 is expensive if you bought at 240, but cheap if you look at the potential.

For me the currency price is ok, with a stable rise of 5% each month, till july 2016, slow but steady progress is what we need.

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November 21, 2015, 09:18:05 PM
 #37

i doubt that someone can understand the price of bitcoin or predict what price will be after some time we can only speculate
ya there really havent been many accurate predictions of the price changes this year. the bubbles just come and go.
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November 21, 2015, 10:07:36 PM
 #38

Is there a way to understand why the value is skyrocketing?

Not likely. Sit back and enjoy the show. Don't sell your coins cheap.

330 is expensive if you bought at 240, but cheap if you look at the potential.

For me the currency price is ok, with a stable rise of 5% each month, till july 2016, slow but steady progress is what we need.

every current price is nothing more than a dot when you are willing to hold your coins for years. the reward by that time for your patience will be huge.
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November 21, 2015, 10:09:50 PM
 #39

The essence of business: supply-demand balance
society would be whatever he wants
determine market demand
but still
Please carefully follow



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  O HOLD YOUR
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November 21, 2015, 10:14:25 PM
 #40

the price is slowly decreasing because more people are dumping their coins then the people want to buy< atleast thats my theory.
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November 21, 2015, 11:09:57 PM
 #41

the price is slowly decreasing because more people are dumping their coins then the people want to buy< atleast thats my theory.

This theory is correct. I see it only decreasing now since this post was created.
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November 21, 2015, 11:15:24 PM
 #42

the price is slowly decreasing because more people are dumping their coins then the people want to buy< atleast thats my theory.

Yes the people who hoped for a revival are losing patience and want to sell before it becomes 300 usd or less. Are they right to do so?

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November 21, 2015, 11:15:52 PM
 #43

I now... Angry
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November 22, 2015, 12:12:24 AM
 #44

the price is slowly decreasing because more people are dumping their coins then the people want to buy< atleast thats my theory.

Yes the people who hoped for a revival are losing patience and want to sell before it becomes 300 usd or less. Are they right to do so?
Yes they are right to do it now so they can get some before the price drops even further.
I did so this afternoon and don't regret it.
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November 22, 2015, 08:45:18 AM
 #45

the price is slowly decreasing because more people are dumping their coins then the people want to buy< atleast thats my theory.

not decreasing anymore, it's stuck at the same price since many days already, it look rock solid, no need to worry

300 is the new bottom i believe you cna buy safe there
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November 22, 2015, 08:50:31 AM
 #46

The price is stabilizing at current level, it will rise after a while again, next big target could be between 600-800, after what it would stabilize at ~ 400-500$.

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Move On !!!!!!


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November 22, 2015, 11:02:01 AM
 #47

If something has told me that we will end up December and even November well over $300 after being the whole year just above $200, I would have taken it right away! So don't worry, nothing is happening to the Bitcoin price!
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November 22, 2015, 11:18:30 AM
 #48

the price is slowly decreasing because more people are dumping their coins then the people want to buy< atleast thats my theory.

Yes the people who hoped for a revival are losing patience and want to sell before it becomes 300 usd or less. Are they right to do so?

People who are losing patience and want to sell just because the price is not going up as much as they hoped, should sell their coins directly and stay away from Bitcoin and any other kind of investment. The key essential thing when it comes to investments is patience.

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November 22, 2015, 11:28:21 AM
 #49

Is there a way to understand why the value is skyrocketing?

In winter and fall always there is rising .
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November 22, 2015, 05:38:11 PM
 #50

It's simple, some whales are playing with the price. We can predict the price, but the whales are determing the price. It's a rich man's world.
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November 22, 2015, 06:11:46 PM
 #51

It's simple, some whales are playing with the price. We can predict the price, but the whales are determing the price. It's a rich man's world.

Those whales you are referring to are nothing more than traders/holder like the rest of us; they trade based on the probability and estimated determined by current state of
things, and currently bitcoin is more or less pretty wanted. I wouldn't sweat about it too much in the end, because if you're thinking long term - anything under 1k/btc is a steal.
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November 22, 2015, 06:19:14 PM
 #52

Those whales you are referring to are nothing more than traders/holder like the rest of us; ...

Caveat: The rest of us can't execute multi-thousand BTC trades, across every exchange, with split-second timing.

I could do it. I just choose not to.

Get sick. Get well.
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November 22, 2015, 06:25:26 PM
 #53

Nothing is happening to the bitcoin price, Its just stabilizing around the $350 mark for now.

Personally I am waiting to see what happens to the price on black friday.
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November 22, 2015, 09:22:07 PM
 #54

Some people wanted to buy lots of coins, and decided to buy in the exchanges. So they did and the price skyrocket for a while, and when they stopped, the price stopped to grow and stabilized around 300.

That's my theory

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November 23, 2015, 08:28:10 AM
 #55

Nothing is happening to the bitcoin price, Its just stabilizing around the $350 mark for now.

Personally I am waiting to see what happens to the price on black friday.

nothing will happen
price will stay the same maybe something small in + or - but nothing big
i share optimism for what happen 2013 but hardly expect to see it again with that range



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November 23, 2015, 10:14:06 AM
 #56

The price is stable after the recent dramatic rise and correction. It is the normal behaviour of price action.

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November 23, 2015, 03:41:11 PM
 #57

I still expect a Christmas rally but for some reason it is constantly delayed and the price is like magic revolves around the 300 USD.
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November 23, 2015, 04:15:11 PM
 #58

I still expect a Christmas rally but for some reason it is constantly delayed and the price is like magic revolves around the 300 USD.

And I don't see why the price should increase during the holidays.
I rather believe we will go down a bit because people buy presents and other stuff for christmas.
But I hope we can hold the $300 range.

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November 25, 2015, 09:24:33 AM
 #59

I still expect a Christmas rally but for some reason it is constantly delayed and the price is like magic revolves around the 300 USD.

And I don't see why the price should increase during the holidays.
I rather believe we will go down a bit because people buy presents and other stuff for christmas.
But I hope we can hold the $300 range.

The price action is random as traders have different opinion. The consensus at present is that the bitcoin is worth around $320.
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November 25, 2015, 09:51:38 AM
 #60

I still expect a Christmas rally but for some reason it is constantly delayed and the price is like magic revolves around the 300 USD.

And I don't see why the price should increase during the holidays.
I rather believe we will go down a bit because people buy presents and other stuff for christmas.
But I hope we can hold the $300 range.

we will do not worry price is stable in 320 range - or + depends of market or exchange



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November 25, 2015, 02:31:24 PM
 #61

I still expect a Christmas rally but for some reason it is constantly delayed and the price is like magic revolves around the 300 USD.

And I don't see why the price should increase during the holidays.
I rather believe we will go down a bit because people buy presents and other stuff for christmas.
But I hope we can hold the $300 range.

we will do not worry price is stable in 320 range - or + depends of market or exchange


Stable price is good for the adoption of bitcoin. If the price rises 10% a year, and the fluctuation below 5% within a year, it will be a good investment.
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November 25, 2015, 05:19:42 PM
 #62

I still expect a Christmas rally but for some reason it is constantly delayed and the price is like magic revolves around the 300 USD.

And I don't see why the price should increase during the holidays.
I rather believe we will go down a bit because people buy presents and other stuff for christmas.
But I hope we can hold the $300 range.

we will do not worry price is stable in 320 range - or + depends of market or exchange


Stable price is good for the adoption of bitcoin. If the price rises 10% a year, and the fluctuation below 5% within a year, it will be a good investment.

A rise of 10% per year is good if the price is in the +$1000 range. If at current price it will take a full year to just see a 10% increase, then a lot traders will lose interest.

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November 25, 2015, 05:54:28 PM
 #63

A rise of 10% per year is good if the price is in the +$1000 range. If at current price it will take a full year to just see a 10% increase, then a lot traders will lose interest.

Uh, how... what...?

If a trader buys BTC with $1000, at $250 for 1 BTC, and the price goes up 10% over 1 year - they can sell their 4 BTC for $1100.

If a trader buys BTC with $1000, at $1000 for 1 BTC, and the price goes up 10% over 1 year - they can sell their 1 BTC for $1100.

What am I missing?

This space intentionally left blank.
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November 25, 2015, 06:09:04 PM
 #64

I still expect a Christmas rally but for some reason it is constantly delayed and the price is like magic revolves around the 300 USD.

And I don't see why the price should increase during the holidays.
I rather believe we will go down a bit because people buy presents and other stuff for christmas.
But I hope we can hold the $300 range.
Exactly my thoughts, we're closing in on the holidays so I don't expect anything to happen too much.

Some people are speculating that a bunch of people will dump their bitcoins because of the holidays in exchange for fiat.

We all got our own speculations about it I guess. I'm going to continue to holding on a bit longer.

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November 25, 2015, 06:10:23 PM
 #65

A rise of 10% per year is good if the price is in the +$1000 range. If at current price it will take a full year to just see a 10% increase, then a lot traders will lose interest.

Uh, how... what...?

If a trader buys BTC with $1000, at $250 for 1 BTC, and the price goes up 10% over 1 year - they can sell their 4 BTC for $1100.

If a trader buys BTC with $1000, at $1000 for 1 BTC, and the price goes up 10% over 1 year - they can sell their 1 BTC for $1100.

What am I missing?

nothing you will have this 10% profit and it better that you have 4 coin rather then one



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November 25, 2015, 09:52:24 PM
 #66

A rise of 10% per year is good if the price is in the +$1000 range. If at current price it will take a full year to just see a 10% increase, then a lot traders will lose interest.

Uh, how... what...?

If a trader buys BTC with $1000, at $250 for 1 BTC, and the price goes up 10% over 1 year - they can sell their 4 BTC for $1100.

If a trader buys BTC with $1000, at $1000 for 1 BTC, and the price goes up 10% over 1 year - they can sell their 1 BTC for $1100.

What am I missing?

I meant to say that at current price $325 a 10% increase would result in a $32.50 rise over a 1 year period. Which is too little for a lot people. With the price at $1000 the 10% rise is $100. That's a better increase when the price is going up just 10% over a 1 year period. I was talking about 1 Bitcoin. I should have stated that in my previous post.

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November 25, 2015, 10:31:35 PM
 #67

I still expect a Christmas rally but for some reason it is constantly delayed and the price is like magic revolves around the 300 USD.

And I don't see why the price should increase during the holidays.
I rather believe we will go down a bit because people buy presents and other stuff for christmas.
But I hope we can hold the $300 range.

we will do not worry price is stable in 320 range - or + depends of market or exchange


Stable price is good for the adoption of bitcoin. If the price rises 10% a year, and the fluctuation below 5% within a year, it will be a good investment.

Don't let me crush your dreams but stability is something that we won't see for a while in Bitcoin! Bitcoin will grow and will grow in bubbles and we will have at least 2 or 3 more bubbles until the year 2020 and with these bubbles we will have a crazy volatility. Why? Well as huge new influx of people will be happening, you can't expect that we grow only 10% yearly. That's impossible. If 200,000 people discovers Bitcoin and wishes to invest just a bit into it, the price will shoot up like crazy.

This volatility will be happening also until our market cap doesn't increase at least 10 folds! Our market is just too little and very easily movable!
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November 26, 2015, 10:59:18 AM
 #68

The bitcoin is not a popular store of value at present as it is too volatile. When the price is 100 times of present value, it will be more difficult to be manipulated. So the price will be more stable.
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November 27, 2015, 01:31:49 PM
 #69

Remember that USA is about 5% of the world population, so I wouldn't expect holidays in one country to make too much difference in a global market.  China might be a different story as they seem to be the main players.

I can easily see 10% gains in a year (if you smooth out the highs and lows).  BTC'ers seem to be tolerant of higher risk than people for example, looking provide a reliable income from their life long savings put into BlueChips or something in their later years, than young guns who can afford a few mistakes when they are in their peak learning years.

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November 27, 2015, 01:37:07 PM
 #70

The bitcoin is not a popular store of value at present as it is too volatile. When the price is 100 times of present value, it will be more difficult to be manipulated. So the price will be more stable.

I agree, but from yesterday jump it looks like now price is stabile. I just hope it will remain like this, or it will go higher.


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November 27, 2015, 01:42:01 PM
 #71

The bitcoin is not a popular store of value at present as it is too volatile. When the price is 100 times of present value, it will be more difficult to be manipulated. So the price will be more stable.

I agree, but from yesterday jump it looks like now price is stabile. I just hope it will remain like this, or it will go higher.

You call price stable after it jumped more than 10% in one day because it is stable for a day afterwards? Stable is minor swings if you look at yearly prices.

We are not stable yet.
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November 27, 2015, 01:44:20 PM
 #72

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.
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November 27, 2015, 03:07:27 PM
 #73

It seems like bitcoin is slowly going back down and slowly bouncing back up today.

I thought I would see more of a difference as today is black friday.

Maybe next week we'll see some changes.
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November 28, 2015, 08:45:03 AM
 #74

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.
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November 28, 2015, 09:04:22 AM
 #75

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.
$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.
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November 28, 2015, 09:46:58 AM
 #76

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.
$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

$800 is definitely not a realistic target for this year. If we manage to break through the $400 price level this year, then we have seen a very nice increase over the entire year. I don't think the $350 will hold much longer as the support at that level is very weak.

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November 29, 2015, 04:34:01 PM
 #77

Remember that USA is about 5% of the world population, so I wouldn't expect holidays in one country to make too much difference in a global market.  China might be a different story as they seem to be the main players.

I can easily see 10% gains in a year (if you smooth out the highs and lows).  BTC'ers seem to be tolerant of higher risk than people for example, looking provide a reliable income from their life long savings put into BlueChips or something in their later years, than young guns who can afford a few mistakes when they are in their peak learning years.

For the next 10 years, the price rise will be bigger and volatility be higher. When the market cap reaches 1 trillion, the price will be stable.

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November 29, 2015, 05:20:19 PM
 #78

Remember that USA is about 5% of the world population, so I wouldn't expect holidays in one country to make too much difference in a global market.  China might be a different story as they seem to be the main players.

I can easily see 10% gains in a year (if you smooth out the highs and lows).  BTC'ers seem to be tolerant of higher risk than people for example, looking provide a reliable income from their life long savings put into BlueChips or something in their later years, than young guns who can afford a few mistakes when they are in their peak learning years.

For the next 10 years, the price rise will be bigger and volatility be higher. When the market cap reaches 1 trillion, the price will be stable.


No I don't think this will happen at all.

The more people start with investing in bitcoin the lesser the share of the wales.
WIth that in mind they will not be able to pump it anymore.
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November 29, 2015, 06:49:11 PM
 #79

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.
$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

you know that 500 as a peak was achieved like two week ago? why 800 seems impossible tell me?

it can go like the last time, another 100% increase form current value, so 700 as a peak and 500+ as a stable value
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November 29, 2015, 07:48:01 PM
 #80

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.
$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

They probably said the same when bitcoin was 1$ and people said it was going for 100$ and ended up on 1000$, the truth is that we don't know what will happen, not even in the next 10 days, bitcoin is unpredictable at the moment. Literally anything can happen.

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November 29, 2015, 09:51:29 PM
 #81

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.
$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

They probably said the same when bitcoin was 1$ and people said it was going for 100$ and ended up on 1000$, the truth is that we don't know what will happen, not even in the next 10 days, bitcoin is unpredictable at the moment. Literally anything can happen.

Anything can happen, that's right. However it will take a lot more money to move the price as the market cap is increasing year on year. Back then it was quite easy to see the price go up 50 to 100% in a relatively short time frame. Now everything takes much longer.

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November 29, 2015, 10:05:19 PM
 #82

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.
$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

They probably said the same when bitcoin was 1$ and people said it was going for 100$ and ended up on 1000$, the truth is that we don't know what will happen, not even in the next 10 days, bitcoin is unpredictable at the moment. Literally anything can happen.

Anything can happen, that's right. However it will take a lot more money to move the price as the market cap is increasing year on year. Back then it was quite easy to see the price go up 50 to 100% in a relatively short time frame. Now everything takes much longer.

Yes but the people who manipulated the price the last time are very wealth. Even so they must have cashed out a little to make their business of pumping lucrative.
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November 29, 2015, 10:10:23 PM
 #83

I expect upward outbreak soon. What we experienced 30 days ago might happen again soon.

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November 29, 2015, 10:10:40 PM
 #84

$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

you know that 500 as a peak was achieved like two week ago? why 800 seems impossible tell me?

it can go like the last time, another 100% increase form current value, so 700 as a peak and 500+ as a stable value
I also don't see much chances to get above the current top ($502) in what reminds of this year. The last run has ended and there is not much fuel left. What is most probable is that we stay at the current $350 level and will move a bit up and a bit down around it. I don't see m(any) fundamental reasons for a sudden spike up now. Speculative rise, yes, you can't rule it out, but even than you need to have some interested parties to come and play it. Would they repeat the same play, just after two, three weeks from the end of the last one? Probably not.

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November 29, 2015, 10:13:23 PM
 #85

Sell  500$ buy back 300$  easy,than drive price  up

Price is increasing nicely   we can get 400$ even tomorrow

why  not 800$ why  not 1000$why not10000$

There is strong resitence at  520$

but today in few houres china  coming and it could be 400$  during day down to 380$  and so on

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November 29, 2015, 10:43:00 PM
 #86

$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

you know that 500 as a peak was achieved like two week ago? why 800 seems impossible tell me?

it can go like the last time, another 100% increase form current value, so 700 as a peak and 500+ as a stable value
I also don't see much chances to get above the current top ($502) in what reminds of this year. The last run has ended and there is not much fuel left. What is most probable is that we stay at the current $350 level and will move a bit up and a bit down around it. I don't see m(any) fundamental reasons for a sudden spike up now. Speculative rise, yes, you can't rule it out, but even than you need to have some interested parties to come and play it. Would they repeat the same play, just after two, three weeks from the end of the last one? Probably not.

Don't be so sure! After all we are in the Bitcoin world! Imagine if we would get a positive news about the block size increase from the Hong Kong workshop in December! I bet that this would get us easily over the $502 target! So never say never!
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November 29, 2015, 10:58:27 PM
 #87

Today is a big jump of 15 dollars and the chart has become from red to Green today, i haven't found any strong information but i hope that this is not a pump.

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November 30, 2015, 01:07:14 AM
 #88

I also don't see much chances to get above the current top ($502) in what reminds of this year. The last run has ended and there is not much fuel left. What is most probable is that we stay at the current $350 level and will move a bit up and a bit down around it. I don't see m(any) fundamental reasons for a sudden spike up now. Speculative rise, yes, you can't rule it out, but even than you need to have some interested parties to come and play it. Would they repeat the same play, just after two, three weeks from the end of the last one? Probably not.

Don't be so sure! After all we are in the Bitcoin world! Imagine if we would get a positive news about the block size increase from the Hong Kong workshop in December! I bet that this would get us easily over the $502 target! So never say never!
Of course, I know that things happen much faster in the Bitcoin world than in any other 'regular' market. Yet, I stay quite sceptical to any further leg up this year.
Thanks for reminding me about the Bitcoin-scaling workshop. That is indeed the only important event that is still left on the table in this year's calendar. Whether it will bring any price-positive outcome that remains to be seen.

this space is intentionally left blank
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November 30, 2015, 01:12:08 PM
 #89

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.
$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

$800 is definitely not a realistic target for this year. If we manage to break through the $400 price level this year, then we have seen a very nice increase over the entire year. I don't think the $350 will hold much longer as the support at that level is very weak.

seem like price will reach 400 in few days but for 800 or more this year hard
it need something huge to happen and 500 is more closer to this years end by my estimate maybe close to it



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January 02, 2016, 08:43:46 AM
 #90

Remember that USA is about 5% of the world population, so I wouldn't expect holidays in one country to make too much difference in a global market.  China might be a different story as they seem to be the main players.

I can easily see 10% gains in a year (if you smooth out the highs and lows).  BTC'ers seem to be tolerant of higher risk than people for example, looking provide a reliable income from their life long savings put into BlueChips or something in their later years, than young guns who can afford a few mistakes when they are in their peak learning years.

For the next 10 years, the price rise will be bigger and volatility be higher. When the market cap reaches 1 trillion, the price will be stable.


No I don't think this will happen at all.

The more people start with investing in bitcoin the lesser the share of the wales.
WIth that in mind they will not be able to pump it anymore.

But for most people, they do not trade. They hold or use it. So the bitcoin number in exchanges is limited, there will be pump and dump, but in smaller scale.

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January 02, 2016, 02:03:19 PM
 #91

it fluctuates as always i am not worried at all as it happens all the time
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January 03, 2016, 04:06:44 AM
 #92

Is there a way to understand why the value is skyrocketing?
Because the more order of bitcoin from buyer it will increase the price and also if less supply of bitcoin
The price should be increase thats why their still waiting for halving before they sell bitcoins...
So keep your bitcoin until halving ends..

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January 03, 2016, 08:01:22 PM
 #93

Today i feel the price can grow big time.

I see there is tension in the market. Which mean the market will go up big time, or the price will decrease a lot.

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January 03, 2016, 08:05:06 PM
 #94

I believe now is the time for the price to go back again.
We were very lucky to see it this high.

But with the new difficulty a lot of miners will be forced to stop.


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January 04, 2016, 08:19:20 AM
 #95

right now nothing price is stable and ready for jump well i hope so it will jump (but we all hope for big jump)
only thing that can be done is that we follow and wait for some big changes



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January 04, 2016, 09:10:37 AM
 #96

right now nothing price is stable and ready for jump well i hope so it will jump (but we all hope for big jump)
only thing that can be done is that we follow and wait for some big changes

Yes bitcoin prices more stable from this new year. I believe it is a good sign for a long-term price appreciation. I do believe with this more stable prices we can easily see $500 levels very soon.

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January 04, 2016, 09:30:29 AM
 #97

But with the new difficulty a lot of miners will be forced to stop.

More than a year ago people said due to the rising difficulty miners are going to shut down their operations. Look now, the difficulty is at an all time high. It will continue to go up with at least a few per cent per difficulty adjustment the comming months.

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January 04, 2016, 09:36:48 AM
 #98

They will soon stop their operations for sure as mining cost will exceed mining profit as the difficulty begins on rising...

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January 04, 2016, 10:08:51 AM
 #99

right now nothing price is stable and ready for jump well i hope so it will jump (but we all hope for big jump)
only thing that can be done is that we follow and wait for some big changes

Yes bitcoin prices more stable from this new year. I believe it is a good sign for a long-term price appreciation. I do believe with this more stable prices we can easily see $500 levels very soon.

i think so to
believe that this will be the year of bitcoin (hope that Chinese wont put BTC as zodiac sign  Grin)

expecting big from this year and hope that we all make some profit o matter how small it was



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January 04, 2016, 09:27:38 PM
 #100

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD
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January 04, 2016, 10:16:18 PM
 #101

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

Well the next support after 400 is 380. I think it will be very hard to break.
People will just jump on a price of 380 price of bitcoin.
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January 04, 2016, 11:23:46 PM
 #102

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

the sentiment is too good to let it go down. i think we will try to reach $450 again the comming days. $300 is not of importance anymore. $500 is what we are look out for. people that haven't bought yet should do it now instead of waiting for a lower price.
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January 05, 2016, 10:28:37 AM
 #103

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

sorry but price wont come down it can only go up only mater is on what point it will stop 500 or 800 or 1000 maybe more
halving will be major influence on price but it will be for long term



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January 05, 2016, 09:00:27 PM
 #104

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

Well the next support after 400 is 380. I think it will be very hard to break.
People will just jump on a price of 380 price of bitcoin.

A big whale can manipulate the bitcoin easily as the market depth is too low. But that will not last long.

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January 05, 2016, 09:35:56 PM
 #105

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

Well the next support after 400 is 380. I think it will be very hard to break.
People will just jump on a price of 380 price of bitcoin.

A big whale can manipulate the bitcoin easily as the market depth is too low. But that will not last long.

Na I don't think so. The time of big whales running the show is long gone. Today you need at least 10-15 big whales to shake up the price.
So it's not 1 person deciding to play around with bitcoin anymore.
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January 06, 2016, 06:39:32 PM
 #106

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

Well the next support after 400 is 380. I think it will be very hard to break.
People will just jump on a price of 380 price of bitcoin.

A big whale can manipulate the bitcoin easily as the market depth is too low. But that will not last long.

Na I don't think so. The time of big whales running the show is long gone. Today you need at least 10-15 big whales to shake up the price.
So it's not 1 person deciding to play around with bitcoin anymore.

I am sure some companies like hashnest and bitpay are big enough to manipulate the price.
The amount of bitcoins they have can really cause the market to crash easily to 100 USD or even less.

Having that in mind, they are probably the same parties whom benefitted the most of this current increase.

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January 06, 2016, 07:23:29 PM
 #107

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

sorry but price wont come down it can only go up only mater is on what point it will stop 500 or 800 or 1000 maybe more
halving will be major influence on price but it will be for long term
Yeah the price should be rise above 500 if halving is over you will see the price rising fast.And the price will never down below 400.
Just view the chart of this month its very stable and no sign of breaking down below 400..

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Kalder
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January 07, 2016, 10:23:10 AM
 #108

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

sorry but price wont come down it can only go up only mater is on what point it will stop 500 or 800 or 1000 maybe more
halving will be major influence on price but it will be for long term
Yeah the price should be rise above 500 if halving is over you will see the price rising fast.And the price will never down below 400.
Just view the chart of this month its very stable and no sign of breaking down below 400..

The price is rising now to around $450. This could be helped by funds seeking safe heaven due to the stock market drop.

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January 07, 2016, 10:31:25 AM
 #109

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

sorry but price wont come down it can only go up only mater is on what point it will stop 500 or 800 or 1000 maybe more
halving will be major influence on price but it will be for long term
Yeah the price should be rise above 500 if halving is over you will see the price rising fast.And the price will never down below 400.
Just view the chart of this month its very stable and no sign of breaking down below 400..

The price is rising now to around $450. This could be helped by funds seeking safe heaven due to the stock market drop.

If that was the case, then the price would go much higher than the $450 that we are currently sitting on. It's a normal price increase that was already due to happen. It's that simple.

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January 07, 2016, 10:39:07 AM
 #110

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

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January 07, 2016, 11:34:32 AM
 #111

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

10k for one BTC might sound crazy today. But it's possible and I say give it a few more years and we might change to talk about bits when buying and paying with Bitcoin.
You don't have to believe in BTC for long term. Others are doing it, and that number will increase.
There guys out there, heavily invested in Bitcoin who believe it's value can reach 6 or 7 digits!!!

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January 07, 2016, 06:02:11 PM
 #112

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

Well the next support after 400 is 380. I think it will be very hard to break.
People will just jump on a price of 380 price of bitcoin.

A big whale can manipulate the bitcoin easily as the market depth is too low. But that will not last long.

Na I don't think so. The time of big whales running the show is long gone. Today you need at least 10-15 big whales to shake up the price.
So it's not 1 person deciding to play around with bitcoin anymore.

I am sure some companies like hashnest and bitpay are big enough to manipulate the price.
The amount of bitcoins they have can really cause the market to crash easily to 100 USD or even less.

Having that in mind, they are probably the same parties whom benefitted the most of this current increase.

No way China rules market,hashnet and bitpay have nothing to  say in that case,there is constant buy demand,little by little,but real test is 520$  level

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January 07, 2016, 07:16:09 PM
 #113

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

At this point I also find it very weird to talk about $10K when we haven't even seen the price reach $1000 again. Let's just focus on what we consider a realistic price target as $700-$1200 for the comming years. Everything higher than $1200 will be a nice bonus.

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January 07, 2016, 07:23:51 PM
 #114

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

10k for one BTC might sound crazy today. But it's possible and I say give it a few more years and we might change to talk about bits when buying and paying with Bitcoin.
You don't have to believe in BTC for long term. Others are doing it, and that number will increase.
There guys out there, heavily invested in Bitcoin who believe it's value can reach 6 or 7 digits!!!

Bitcoin literally can not reach 7 digits in USD, because since even if all currencies in the entire world, were replaced by Bitcoin, then 1 Bitcoin would be worth around $500k in today's dollar.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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January 08, 2016, 08:31:18 AM
 #115

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

10k for one BTC might sound crazy today. But it's possible and I say give it a few more years and we might change to talk about bits when buying and paying with Bitcoin.
You don't have to believe in BTC for long term. Others are doing it, and that number will increase.
There guys out there, heavily invested in Bitcoin who believe it's value can reach 6 or 7 digits!!!

Bitcoin literally can not reach 7 digits in USD, because since even if all currencies in the entire world, were replaced by Bitcoin, then 1 Bitcoin would be worth around $500k in today's dollar.

you're basically saying that bitcoin can not surpass gold? cannot be greater than a marketcap of 6T?
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January 08, 2016, 09:21:04 AM
 #116

What is the happening well in November was going up to 400 and 450 dollars.
Now is kinda stable at range 450 dollars I think we will see this year just some 400 dollars not under that.
I hope that I am right than is bitcoin so worth it after all.
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January 08, 2016, 10:32:16 AM
 #117

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

10k for one BTC might sound crazy today. But it's possible and I say give it a few more years and we might change to talk about bits when buying and paying with Bitcoin.
You don't have to believe in BTC for long term. Others are doing it, and that number will increase.
There guys out there, heavily invested in Bitcoin who believe it's value can reach 6 or 7 digits!!!

Bitcoin literally can not reach 7 digits in USD, because since even if all currencies in the entire world, were replaced by Bitcoin, then 1 Bitcoin would be worth around $500k in today's dollar.

you're basically saying that bitcoin can not surpass gold? cannot be greater than a marketcap of 6T?

What does gold have to do with a cryptocurrency anyways? There is no point in comparing the two. I woulnd't compare bitcoin to anything else because but other cryptos.

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January 08, 2016, 10:34:53 AM
 #118

Ok but the fact that gold and bitcoin went up at the same time due to chinese news that's remarkable to me.
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January 08, 2016, 11:12:33 AM
 #119

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

10k for one BTC might sound crazy today. But it's possible and I say give it a few more years and we might change to talk about bits when buying and paying with Bitcoin.
You don't have to believe in BTC for long term. Others are doing it, and that number will increase.
There guys out there, heavily invested in Bitcoin who believe it's value can reach 6 or 7 digits!!!

Bitcoin literally can not reach 7 digits in USD, because since even if all currencies in the entire world, were replaced by Bitcoin, then 1 Bitcoin would be worth around $500k in today's dollar.

you're basically saying that bitcoin can not surpass gold? cannot be greater than a marketcap of 6T?

What does gold have to do with a cryptocurrency anyways? There is no point in comparing the two. I woulnd't compare bitcoin to anything else because but other cryptos.

They are probably involving gold as it is also historically used in times of financial problems.

A direct comparison can indeed not be made, but the general thought of safe haven from traditional markets can be made.
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January 08, 2016, 11:41:04 AM
 #120

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

10k for one BTC might sound crazy today. But it's possible and I say give it a few more years and we might change to talk about bits when buying and paying with Bitcoin.
You don't have to believe in BTC for long term. Others are doing it, and that number will increase.
There guys out there, heavily invested in Bitcoin who believe it's value can reach 6 or 7 digits!!!

Bitcoin literally can not reach 7 digits in USD, because since even if all currencies in the entire world, were replaced by Bitcoin, then 1 Bitcoin would be worth around $500k in today's dollar.

you're basically saying that bitcoin can not surpass gold? cannot be greater than a marketcap of 6T?

What does gold have to do with a cryptocurrency anyways? There is no point in comparing the two. I woulnd't compare bitcoin to anything else because but other cryptos.

ehm you can not comapre it to other crypto, since they are all clone, and bitcoin is the king of them

it make more sense to comapre it to gold than anything else
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January 08, 2016, 03:09:34 PM
 #121

Ok but the fact that gold and bitcoin went up at the same time due to chinese news that's remarkable to me.

Yes. So both gold and bitcoin are treated as safe heaven by investors. That is a remarkable achievement for bitcoin.
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January 08, 2016, 03:21:16 PM
 #122

Ok but the fact that gold and bitcoin went up at the same time due to chinese news that's remarkable to me.

Same here

When I think about what moves the bitcoin market, sometimes I get a headache from it

It's obvious that China has a lot to do with it.
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January 08, 2016, 04:26:24 PM
 #123

Ok but the fact that gold and bitcoin went up at the same time due to chinese news that's remarkable to me.

Same here

When I think about what moves the bitcoin market, sometimes I get a headache from it

It's obvious that China has a lot to do with it.

Chinese investors are very difficult to understand. One time they seem to go all in on a certain investment, and the next time they seem to sell everything because they have found themself something better. China is everywhere.

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January 09, 2016, 04:36:08 AM
 #124

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

10k for one BTC might sound crazy today. But it's possible and I say give it a few more years and we might change to talk about bits when buying and paying with Bitcoin.
You don't have to believe in BTC for long term. Others are doing it, and that number will increase.
There guys out there, heavily invested in Bitcoin who believe it's value can reach 6 or 7 digits!!!

Bitcoin literally can not reach 7 digits in USD, because since even if all currencies in the entire world, were replaced by Bitcoin, then 1 Bitcoin would be worth around $500k in today's dollar.

you're basically saying that bitcoin can not surpass gold? cannot be greater than a marketcap of 6T?

$500k Bitcoin is a marketcap of 10.5 Trillion USD, it surpasses gold. Also what does gold have to do with this? Bitcoin can NEVER replace gold, it can only exist alongside of gold. What Bitcoin can do is theoretically replace all fiat currencies in circulation. That gives it a value of $500k per Bitcoin.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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January 09, 2016, 08:02:58 AM
 #125

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

10k for one BTC might sound crazy today. But it's possible and I say give it a few more years and we might change to talk about bits when buying and paying with Bitcoin.
You don't have to believe in BTC for long term. Others are doing it, and that number will increase.
There guys out there, heavily invested in Bitcoin who believe it's value can reach 6 or 7 digits!!!

Bitcoin literally can not reach 7 digits in USD, because since even if all currencies in the entire world, were replaced by Bitcoin, then 1 Bitcoin would be worth around $500k in today's dollar.

you're basically saying that bitcoin can not surpass gold? cannot be greater than a marketcap of 6T?

$500k Bitcoin is a marketcap of 10.5 Trillion USD, it surpasses gold. Also what does gold have to do with this? Bitcoin can NEVER replace gold, it can only exist alongside of gold. What Bitcoin can do is theoretically replace all fiat currencies in circulation. That gives it a value of $500k per Bitcoin.

no 500k is a marketcap of 10.5 trillion only when the other coins will be mined, if we reach that value in the upcoming years it will be much less, the current supply is only 15M

i like to comapre it to gold, because gold and bitcoin share some similarity, like the mining aspect and the rarity
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January 09, 2016, 08:08:20 AM
 #126

i would have done the same qustion when it was dumping, since 230 was never the true value of bitcoin

to answer your question, i can simply say, bitcoin is worth much more, 230 were like free bitcoin, you will remember this in 5-10 years when even 10k would be considered a cheap price

So many people saying that...
It's good to have faith but still, keep calm buddy. 10k for one btc is maybe a bit fucking crazy no?
I don't believe in long term btc for my on.

10k for one BTC might sound crazy today. But it's possible and I say give it a few more years and we might change to talk about bits when buying and paying with Bitcoin.
You don't have to believe in BTC for long term. Others are doing it, and that number will increase.
There guys out there, heavily invested in Bitcoin who believe it's value can reach 6 or 7 digits!!!

Bitcoin literally can not reach 7 digits in USD, because since even if all currencies in the entire world, were replaced by Bitcoin, then 1 Bitcoin would be worth around $500k in today's dollar.

you're basically saying that bitcoin can not surpass gold? cannot be greater than a marketcap of 6T?

$500k Bitcoin is a marketcap of 10.5 Trillion USD, it surpasses gold. Also what does gold have to do with this? Bitcoin can NEVER replace gold, it can only exist alongside of gold. What Bitcoin can do is theoretically replace all fiat currencies in circulation. That gives it a value of $500k per Bitcoin.

How we can say bitcoin can not replace gold?

When considering the usage and compatibility with the modern requirement, bitcoin is more flexible than gold. So, there are lot of chances to surpass the market cap of gold by bitcoin.

Market caps are just a number, nothing to do with the value/price of any commodity.



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January 09, 2016, 08:17:11 AM
 #127

The price seems to be slowly trending downwards.
Let us hope it is not going to fall off a cliff.  Smiley
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January 09, 2016, 12:53:10 PM
 #128

The price seems to be slowly trending downwards.
Let us hope it is not going to fall off a cliff.  Smiley

why do you think its down cuz it up slowly over 450 today
yesterday was around 450 now it off

price is on the rise



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January 09, 2016, 01:26:56 PM
 #129

The price seems to be slowly trending downwards.
Let us hope it is not going to fall off a cliff.  Smiley

why do you think its down cuz it up slowly over 450 today
yesterday was around 450 now it off

price is on the rise


This dude probably looks at an 48 hour chart of the price and think we are heading down. We are at a very good profit this year. From below $180 in January to right now $450. Not really what I consider to be a downwards trend. Wink

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January 09, 2016, 01:38:01 PM
 #130

The price seems to be slowly trending downwards.
Let us hope it is not going to fall off a cliff.  Smiley

why do you think its down cuz it up slowly over 450 today
yesterday was around 450 now it off

price is on the rise


This dude probably looks at an 48 hour chart of the price and think we are heading down. We are at a very good profit this year. From below $180 in January to right now $450. Not really what I consider to be a downwards trend. Wink
Yeah the price is getting a nice pump today. I think this year will be very good for the long term holders.
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January 09, 2016, 02:25:42 PM
 #131

The price seems to be slowly trending downwards.
Let us hope it is not going to fall off a cliff.  Smiley

Relax buddy!
Nothing will happen.It's weekend and the majority is taking some rest these days.
The outlook for the next coming months is positive I'd say, so we will see an increase of BTC's value.

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January 09, 2016, 02:32:03 PM
 #132

Well if I remember correctly the Chinese market quit dropping like a rock in friday. Don't know how many investors are day to say traders but I imagine quite a few of the Chinese that were scrambling out of there market may take that as a sign its hit the bottom and are reinvesting in hopes that it will go back up. So the bitcoin market could be "slowing down" compared to the past couple of days ><

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January 09, 2016, 05:14:28 PM
 #133

The price seems to be slowly trending downwards.
Let us hope it is not going to fall off a cliff.  Smiley

Relax buddy!
Nothing will happen.It's weekend and the majority is taking some rest these days.
The outlook for the next coming months is positive I'd say, so we will see an increase of BTC's value.

Yes I too expect same positive happening for bitcoin prices this week end. Because there are many positive events are happening around the globe which resulted in new money inflow to bitcoin. Bitcoin is trading right now around $450 in stable and steady manner.

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January 09, 2016, 08:30:03 PM
 #134

I think it's time for a uprising. Not sure how much but before the halving in july we will see a price rally.
So expect it to go to 550 usd.