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blacky90 (OP)
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December 10, 2015, 07:52:29 PM
Last edit: December 10, 2015, 08:04:56 PM by blacky90 |
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$1000 by the first quarter of 2016?
your thoughts?
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WENGER
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December 10, 2015, 07:57:29 PM |
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Although we've been on a steady uphill route for the past few days and in time of typing this were at $415 value, I highly doubt that would reach up to that extent by first Q of 2016, at most I think it would be in range of 500-ish to 600 value so I wouldn't really hope for that high as expectations makes people feel failure once it isn't meet.
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spazzdla
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Activity: 1722
Merit: 1000
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December 10, 2015, 07:58:10 PM |
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No
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InvoKing
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✋(▀Ĺ̯ ▀-͠ )
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December 10, 2015, 07:58:40 PM |
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can we reach $1000 by the first quarter of 2016?   your thoughts?  Everything could be possible but I don't think that the price will reach 1k$ in the first quarter, if you said after the halving / mid-2016 then I could say YES  |
PSPD:law and order enforcement!
Press Section Police Department!
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Meuh6879
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December 10, 2015, 07:59:20 PM |
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No.
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BitMaxz
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Block halving is coming.
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December 10, 2015, 08:07:31 PM |
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No imposible maybe it will happen middle of 2016 but in the first quarter it will never happen no matter what happen...
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rally
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December 10, 2015, 08:09:31 PM |
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That's a bit to fast i think.
Let's hope at the end of 2016.
That should be great.
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Dilla
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December 10, 2015, 08:11:13 PM |
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I'd say $680ish. $1k is possible but not likely, I'd say Q2 to Q3 we'll see $1k+. If we see $1k in Q1, we will be heading for $3k by the halving.
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The Sceptical Chymist
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Cashback 15%
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December 10, 2015, 09:12:12 PM |
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Look, this is bitcoin and it can be a roller coaster ride, so $1000 is possible by Q1 2016. Certainly. Having said that, I don't think we're going to get there by then. And if it did happen, we might be in another bubble situation. I think it's best if btc rises slowly and consistently, like blood levels of a good antidepressant. Nature abhors sharp peaks.  |
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Snail2
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December 10, 2015, 09:15:01 PM |
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Everything possible, but $1000 in Q1 seems to be unlikely. Call me bearish if you want but I would be happy with $500-600  . |
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rally
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December 10, 2015, 09:15:19 PM |
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Look, this is bitcoin and it can be a roller coaster ride, so $1000 is possible by Q1 2016. Certainly. Having said that, I don't think we're going to get there by then. And if it did happen, we might be in another bubble situation. I think it's best if btc rises slowly and consistently, like blood levels of a good antidepressant. Nature abhors sharp peaks. That is very good said. A good news around BTC in the press should be very good to create a roller coaster, and than everything is possibel. Lest hope for a good 2016. I am in fact already very happy that the price don't go down. |
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Graphics
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December 10, 2015, 09:15:43 PM |
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That's a bit too unrealistic. I don't think the price of bitcoin can more than double in such a short period of time.
$500 is probably a good estimate IMO.
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HarryKPeters
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December 10, 2015, 09:32:50 PM |
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Yeah 500 maybe 600 certainly not more. There is just too many factors which prohibit a new pump to 1000. The market cap is much bigger so the market manipultators need
way more money to pump it to 1000 usd. A 600 value would probably make the manipulators go broke.
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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December 10, 2015, 09:40:50 PM |
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$1000 by the first quarter of 2016?
your thoughts?
Bitcoin halving is scheduled to be approx by end of June, so i am thinking it's 2nd quarter 2016 that will spike up the price the most, and if we are to move up to 1k usd next year (which i am certain we will), it should be then. In 1st quarter i'm mostly expect attempts of manipulation and a lot of fake bad news designed to convince people to sell for a lower price. |
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600watt
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December 10, 2015, 09:40:58 PM |
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That's a bit too unrealistic. I don't think the price of bitcoin can more than double in such a short period of time.
$500 is probably a good estimate IMO.
when this beast gets unleashed doubling is nothing! price oct 12th 2013: $120 price nov 29th 2013: $1100 = 9fold in 7 weeks. end of q1 is... like... hm... = 20fold in 16 weeks  |
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jakelyson
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December 10, 2015, 09:46:09 PM |
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I also think the most plausible speculation is around 600 if the current movement continues. I do not want to be too optimistic and wish for a sudden 1000 and then it will suddenly drop also. A steady pace upwards is better.
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NorrisK
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December 10, 2015, 09:52:50 PM |
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I also think the most plausible speculation is around 600 if the current movement continues. I do not want to be too optimistic and wish for a sudden 1000 and then it will suddenly drop also. A steady pace upwards is better.
A spike for fun wouldn't be too bad.. As long as the general trend is going upwards, I don't mind it touching 1000 before stabalizing at 600. I don't expect bitcoin to keep rising steadily, there will be some thunder associated with it somewhere down the line. |
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Graphics
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December 10, 2015, 09:53:30 PM |
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That's a bit too unrealistic. I don't think the price of bitcoin can more than double in such a short period of time.
$500 is probably a good estimate IMO.
when this beast gets unleashed doubling is nothing! price oct 12th 2013: $120 price nov 29th 2013: $1100 = 9fold in 7 weeks. end of q1 is... like... hm... = 20fold in 16 weeks Hmm.... Ok 20 fold in 16 weeks in the current context is around $8400 a coin by March xD I do hope that could happen though |
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Wilhelm
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December 10, 2015, 10:03:15 PM |
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$666 always screws up people and trading can end up going sideways below this level.
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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traderbit
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December 10, 2015, 10:12:21 PM |
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As most of the replies are saying no then i am with them.
THere is not any good reason to believe that the price will hit 1k.
It is even doubtful if 1k will be hit by the end of 2016
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