Hello $2500

[HCLivess]

Judging from localbitcoins volume (real volume, not back and forth hypertrading), we will soon hit a $2500 mark
http://coin.dance/charts

[1714988455]

1714988455

[1714988455]

1714988455

[Bitcoininspace]

Where did you come up with the 2500$ if I may ask?

[DaddyMonsi]

Your forecast seems to be very far fetched but if everyday is like yesterday where $100 jump of price happened, $2,500 can be attained in a month.

[icaruz]

YOURE TO advance to say that.it will not even touch the 600 mark.

[Minecache]

I can't see it surpassing 550. Sorry.

[--Encrypted--]

that's way too high. even if there is no dump (and I believe it will happen mid-december) I doubt we'll reach that price anytime soon.

oh, and speculations belongs in the speculation board.

[Shinpako09]

Yeah bitcoin price is kicking but $2500 is to the moon. I think its impossible. I'm happy with the bitcoin price dancing from $400 to $500 right now hope it last till end of this month or year.

[Amph]

everything can happen at this point, 500 was broken already but not for long, preev still display only 488

x5 current price in no time would be crazy, but so it was the x2 in few days

[neurotypical]

The volume in chinese exchanges (huobi/okCoin) is absolutely stunning. I don't remember such volume ever before. It seems like word is around town now on China and it's spreading fast with their capital controls tightening up their wealth. It's seems people is getting feed up of the goverment taking away their hard earned money and are pushing out outside thanks to Bitcoin.

[Envrin]

that's way too high.

$2500 is easily attainable.  Not saying it's going to happen in the next month (highly doubtful), but it's very easy to envision that price in the future.

After all, researchers report that bitcoin is going to be the 6th largest reserve currency in the world by 2030.

http://www.cnbc.com/2015/11/03/bitcoin-to-be-6th-largest-reserve-currency-by-2030-research.html

[MF Doom]

that's way too high.

$2500 is easily attainable.  Not saying it's going to happen in the next month (highly doubtful), but it's very easy to envision that price in the future.

After all, researchers report that bitcoin is going to be the 6th largest reserve currency in the world by 2030.

http://www.cnbc.com/2015/11/03/bitcoin-to-be-6th-largest-reserve-currency-by-2030-research.html

I wouldn't say $2500 is easily attainable.  That would raise the btc market cap from roughly $6 billion to roughly $30 billion.

If you think $24 billion is easy to come by, well then pm me, I have some bridges for sale.

[Bitcoinpro]

its had a big surge, one of the biggest

[WhatTheGox]

I can't see it surpassing 550. Sorry.

lol that is a very bold statement, its flying past any resistance and we haven't even got started yet.  I was pretty amazed we had hit 500 already but only because it was so soon.  You think the whales wont be pushing this thing super high?

[BruceLee007]

Judging from localbitcoins volume (real volume, not back and forth hypertrading), we will soon hit a $2500 mark
http://coin.dance/charts

LOL dude i laughed so hard  any way i have someone who wants to bet any amount that bitcoin price will not hit even $850 ! let me know if you want to bet.

[cexylikepie]

This is Insane....

[Bitcoinpro]

Judging from localbitcoins volume (real volume, not back and forth hypertrading), we will soon hit a $2500 mark
http://coin.dance/charts

LOL dude i laughed so hard  any way i have someone who wants to bet any amount that bitcoin price will not hit even $850 ! let me know if you want to bet.

are they willing to bet 50 btc

[Betwrong]

Judging from localbitcoins volume (real volume, not back and forth hypertrading), we will soon hit a $2500 mark
http://coin.dance/charts

I don't think so. In 5 or 6 years maybe but definitely not now.

As we can see at PREEV the price went down from $500 to $475 and then raised a little to $483. The best case scenario IMO: the price will stabilize at around $500.

[Envrin]

I wouldn't say $2500 is easily attainable.  That would raise the btc market cap from roughly $6 billion to roughly $30 billion.

If you think $24 billion is easy to come by, well then pm me, I have some bridges for sale.

Never said it was going to be easy, nor was it going to happen right away.  Give it a few more years though, and it's definitely within the realm of reality.

$2500 isn't unrealistic, like some people who were preaching $1 million/BTC before.  $2500 is actually attainable, and I can see that happening in the years ahead.

[Gildarts]

Judging from localbitcoins volume (real volume, not back and forth hypertrading), we will soon hit a $2500 mark
http://coin.dance/charts

This prediction is so sick! Perhaps it's possible that it will hit soon to $2500+ for years.

Looking forward to this thread!

[shark32]

I wouldn't say $2500 is easily attainable.  That would raise the btc market cap from roughly $6 billion to roughly $30 billion.

If you think $24 billion is easy to come by, well then pm me, I have some bridges for sale.

While I'm also sceptical about breaching the 2k mark on this runup, your math does not take hodlers into consideration.

If 50% of the coins would not be sold during the rise, the capital needed is actually "only" $13 billion

I'm not sure if my is correct here as I'm too lazy put some effort in it right now, but heres another example to make my point more clear:

If all of the sudden there wouldnt be any possibility to trade btc any more but local bitcoins and one crazy guy would pay $2.5k for the last available bitcoin, the market cap would rise to 30bn just based on this 2.5k injection.