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Author Topic: $1200 before December 1  (Read 3568 times)
klf
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November 29, 2015, 12:02:36 PM
 #21

I don't believe bitcoin is able to reach around the $1000 this year anymore. I do believe bitcoin is able to reach this amount of dollars next year.

I think even next year also may not reach 1000+ but it may be trading over 600+ unless some very good news comes out on bitcoin than it may go that level otherwise I don't think it will reach 1000 in one year. It is almost 200% at current level which is quite impossible and survive at that price.

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November 29, 2015, 12:14:55 PM
 #22

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Anyways, I can see $1,200 before December 1


 You WERE joking, right?
 Or you DID mean December 1 of 2017?

 Barring a major new POSITIVE news announcement involving Bitcoin, I don't see even the HALVING next year achieving that high of a spike.

 By December 1 of 2017, some chance - though I believe it to be a fairly small chance at best.
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November 29, 2015, 02:47:03 PM
 #23

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Anyways, I can see $1,200 before December 1


 You WERE joking, right?
 Or you DID mean December 1 of 2017?

 Barring a major new POSITIVE news announcement involving Bitcoin, I don't see even the HALVING next year achieving that high of a spike.

 By December 1 of 2017, some chance - though I believe it to be a fairly small chance at best.




The Market disagrees with you.  As the pattern shows, the downtrend is over.  Uptrend has only just begun.  The last halving took place near the end of 2012.  Bitcoin went up like a rocket after that going up nearly 100-fold and then crashing to a level that is still to this day about 30x higher than it was before the halving. There is little chance that the last All Time High will not be breached by January of 2017.  That means that anyone who gets in now probably has a more than 50-50 chance to, at the very least, triple their money, conservatively speaking, by buying and holding for 13-14 months. So Sowwy to anyone who sold too early and to banksters who are probably a decade away from losing their monopolized cash-cow criminal monetary system.  Grin
Denker
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November 29, 2015, 06:40:45 PM
 #24

$1200 before December 1. 2016? I would agree that is possible.
This year is very unlikely as you may know yourself.
With next years halving taking place around august and with a bit off after-effects this range could be a realistic goal.

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November 29, 2015, 06:46:13 PM
 #25

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Anyways, I can see $1,200 before December 1


 You WERE joking, right?
 Or you DID mean December 1 of 2017?

 Barring a major new POSITIVE news announcement involving Bitcoin, I don't see even the HALVING next year achieving that high of a spike.

 By December 1 of 2017, some chance - though I believe it to be a fairly small chance at best.


december 1200 for a mere 1200 which was already touched in the past not even an impossible target?

no way, we can hit that around the halving without any problem, you see we hit 500 in 3 days like it was nothing and the double of that it's still nothing
rally
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November 29, 2015, 06:48:21 PM
 #26

Not this year anymore .
Not for next year too.
But within a few years i think this is good possible.
Some more positive news on TV or in the press should be very good for the price.

                                   
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ThunderThomas
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November 29, 2015, 07:03:58 PM
 #27

Which December do you expect this to happen? I really doubt that it will happen this year. I do believe that it's possible to reach that kind of value next year.

NorrisK
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November 29, 2015, 07:05:14 PM
 #28

Seems kinda impossible for this year now. Only a few days left to reach the target, which unfortunately cannot happen.

But we are still trending upwards, so that is also good news.

Snipe85
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November 29, 2015, 07:20:34 PM
 #29

This is not investment advice, this is speculation and ranting! Don't panic on the way up, and never trade anything for less than you believe is fair.

Anyways, I can see $1,200 before December 1, and there's no ceiling to the exchange rate. I believe the peak price of Bitcoin will be inversely proportional to the degree of negative sentiment among personal investors regarding the manipulations of conventional stock and bond markets. Bitcoin isn't pegged to an exchange rate by decree, rather by fixed supply inflation and generic market demand...


I usually panic on the way down, but that's just me.  Grin

Anyways, I can see $1,200 before December 1, and there's no ceiling to the exchange rate.

It won't happen, there's no way. I just can't see all those hard stock investors suddenly switching to bitcoin. BTC is still considered a joke by many of them.

Struble
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November 29, 2015, 07:29:22 PM
 #30

December 1, 2015? I don't think so. December 1 is in about 2 days, not a realistic thought to have for this years December. If you're talking about next year then yes I can see that happening.

Wilhelm
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November 29, 2015, 07:29:35 PM
 #31

It won't happen, there's no way. I just can't see all those hard stock investors suddenly switching to bitcoin. BTC is still considered a joke by many of them.

This reminds me of an invention called "the Computer" which was laughed at in the olden days....

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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November 29, 2015, 07:51:22 PM
 #32

I dont think what you mean is this year maybe next year but i dont think bitcoin will reach $1200 again even though we still have a time more than 1 year
ivanst776
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November 29, 2015, 07:57:28 PM
 #33

If bitcoin price reaches $500 then it would be a success for bitcoin especially when recently the price crashed down to ~$300

Wilhelm
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November 29, 2015, 08:15:29 PM
 #34

It won't happen, there's no way. I just can't see all those hard stock investors suddenly switching to bitcoin. BTC is still considered a joke by many of them.

This reminds me of an invention called "the Computer" which was laughed at in the olden days....

What olden days? Computers were never laughed at, wtf are you talking about?

Yes the days when you were yet to be born or living under a rock. Grab a book and read up on computer history.

Here are some pointers:

- Alan Turing (The father of computers) was ridculed and put under unbearable scrutiny because of his "machines".
- Steve Wozniac: Wozniak's "personal computer" was harshly received by HP. The company simply didn't understand why any ordinary person would need a computer with that particular form and functionality. It was  just a hobbyist product to them. HP was apparently so insistent on the uselessness of such a device that they rejected Wozniak five times!
- IBM President: "I think there is a worldwide market for maybe five computers.". Due to his fathers death he could force the company into the computer business.
- Ken Olson (DEC): "There is no reason for any individual to have a computer in his home."
- Pablo Picasso: "Computers are useless. They can only give you answers."

etc.
etc.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
wikenpp
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November 29, 2015, 08:26:15 PM
 #35

If bitcoin price reaches $500 then it would be a success for bitcoin especially when recently the price crashed down to ~$300


I think it would prove again that we are dealing with some heavy market manipulation, which is actually bad.

A steady rise of 15%- 25% makes more sense, since more people will start using it.
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November 29, 2015, 08:43:24 PM
 #36

If bitcoin price reaches $500 then it would be a success for bitcoin especially when recently the price crashed down to ~$300


I think it would prove again that we are dealing with some heavy market manipulation, which is actually bad.

A steady rise of 15%- 25% makes more sense, since more people will start using it.

Well i remember that the bitcoin price within 24 hours rises more than $70 at that day which i think was manipulated sadly, but bitcoin has that potential to grow even more.

Mickeyb
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November 29, 2015, 10:50:48 PM
 #37

If bitcoin price reaches $500 then it would be a success for bitcoin especially when recently the price crashed down to ~$300


I think it would prove again that we are dealing with some heavy market manipulation, which is actually bad.

A steady rise of 15%- 25% makes more sense, since more people will start using it.

Well i remember that the bitcoin price within 24 hours rises more than $70 at that day which i think was manipulated sadly, but bitcoin has that potential to grow even more.

We should let market does what it does the best, regulates itself! Yes, there included are speculators as well. As we will grow and become bigger, these speculators will be squeezed out as well.

For now though, we are condemned to live with them together in the same market! There's nothing we can do in all honesty!
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November 30, 2015, 12:25:46 AM
 #38

If bitcoin price reaches $500 then it would be a success for bitcoin especially when recently the price crashed down to ~$300


I think it would prove again that we are dealing with some heavy market manipulation, which is actually bad.

A steady rise of 15%- 25% makes more sense, since more people will start using it.

Well i remember that the bitcoin price within 24 hours rises more than $70 at that day which i think was manipulated sadly, but bitcoin has that potential to grow even more.

We should let market does what it does the best, regulates itself! Yes, there included are speculators as well. As we will grow and become bigger, these speculators will be squeezed out as well.

For now though, we are condemned to live with them together in the same market! There's nothing we can do in all honesty!

Yes could be manipulate  or could be real.  You can decide it

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wikenpp
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November 30, 2015, 12:56:37 AM
 #39

To me it looks the manipulators are not in for a close less then 400. This means we can expect some good things Wink
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November 30, 2015, 12:58:58 AM
 #40

Let me add to that, december hasn't even started. We still got a full month here.

500? Maybe yes
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