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Author Topic: BTC at $435. Is it sustainable?  (Read 10790 times)
KaChingCoinDev (OP)
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December 11, 2015, 02:56:02 PM
 #21

How the hell would anyone here know?

Obviously it is all speculation. I'm looking for opinions  Wink
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December 11, 2015, 02:59:22 PM
 #22

How the hell would anyone here know?

Obviously it is all speculation. I'm looking for opinions  Wink
I was just kidding. And pointing out that the guesses here are just that, guesses.

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December 11, 2015, 03:00:46 PM
 #23

There isn't really any news to have an effect on bitcoin so I doubt that that's the reason of the bitcoin value going up.
I'm just happy that it's going up, I would be happy if it went either way though.

You don't think it's going up at least in part by the whole "Satoshi" hype? I would think it's bringing interest into bitcoin.

That Satoshi hype has nothing to do with all the happenings today in the price even at small percentage. It's all because of cheap price rumors that maybe we will only see in this year because price may reach high next year due to halving. People buying more coins now that increase the demand rates thats why price jumps as what of as it today and not just a manipulator move last rally that bring 400 to 500 in just a matter of hours.
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December 11, 2015, 03:02:34 PM
 #24

It's already moving towards 430$, the peak was 440$ very briefly but didn't move more than that. In my opinion the selling pressure indicates that high levels can't be sustained and there isn't much of a bullish overturn. The price will drop again sooner or later, there's also holidays in the middle that historically indicate that bubbles around that time each year. I've also stated in other threads that I believe it's a good time to sell only to re-buy when the price falls again. Because bitcoin surely is going to keep being volatile.
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December 11, 2015, 03:15:42 PM
 #25

There isn't really any news to have an effect on bitcoin so I doubt that that's the reason of the bitcoin value going up.
I'm just happy that it's going up, I would be happy if it went either way though.

You don't think it's going up at least in part by the whole "Satoshi" hype? I would think it's bringing interest into bitcoin.

Hype? You mean the imposter who calls himself out to be satoshi? Maybe it has something to do with that but I don't think that should have an big impact on bitcoin
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December 11, 2015, 03:18:03 PM
 #26

As sustainable as the temperature in summer guys  Wink
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December 11, 2015, 03:21:07 PM
 #27

We have seen 400, 500 dollars this year.
So I prefer to see increase even more and be sustainable around 750 dollars.
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December 11, 2015, 03:23:54 PM
 #28

Nobody can give you a clear answer on this one, only more speculation and predictions.
Only time will and can tell if $435 is sustainable.
KaChingCoinDev (OP)
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December 11, 2015, 03:30:05 PM
 #29

How the hell would anyone here know?

Obviously it is all speculation. I'm looking for opinions  Wink
I was just kidding. And pointing out that the guesses here are just that, guesses.

Ah, okay no problem. That is a very good point tho.
KaChingCoinDev (OP)
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December 11, 2015, 03:32:49 PM
 #30

As sustainable as the temperature in summer guys  Wink

Can you elaborate on why you feel this way?

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December 11, 2015, 03:38:01 PM
 #31

Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
i feel like its going to go up a bit more maybe around 460, then go back in the 300s. Lips sealed, bitcoin is really unpredictable tho.
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December 11, 2015, 03:54:19 PM
 #32

Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
i feel like its going to go up a bit more maybe around 460, then go back in the 300s. Lips sealed, bitcoin is really unpredictable tho.

It's really unpredictable but I don't see any reason that it will go back to $300. Your using your speculation skills too much. Smiley
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December 11, 2015, 04:29:23 PM
 #33

I think this will continue, I am very optimistic that we will touch $500 at the end of 2015 Cool Cool
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December 11, 2015, 04:30:17 PM
 #34

I prefer these step-wise pumps which then stabilize at a higher range than the previous ones. Hopefully it keeps going this way. North by Northeast.
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December 11, 2015, 04:32:00 PM
 #35

I think this will continue, I am very optimistic that we will touch $500 at the end of 2015 Cool Cool

More like $470 - 480, I presume. Let's not get our hopes too high, we all know people are gonna cash out if this keeps on going.

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KaChingCoinDev (OP)
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December 11, 2015, 04:33:05 PM
 #36

I think this will continue, I am very optimistic that we will touch $500 at the end of 2015 Cool Cool

More like $470 - 480, I presume. Let's not get our hopes too high, we all know people are gonna cash out if this keeps on going.

I'm even happy if we are at $450 at the end of 2015 if it is able to be held stable.
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December 11, 2015, 04:45:57 PM
 #37

Apart btc-e and kraken always trading with a lower price, all the other major exchangers btc/usd ~$437 and since the Chinese exchangers are trading with ~$446 then I am pretty sure that the price will stay between 430-440$ for a while or even pass $440  Smiley

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December 11, 2015, 05:54:23 PM
 #38

Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?

Its good news for us and Price wil imcrease more I guess Because Due to christmas and new year Price bump will go further more and today price is rate is 436$ right now. I am really happy to see this bump.
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December 11, 2015, 06:37:45 PM
 #39

Ask yourself how valuable can be this ecosystem  Grin
http://startupmanagement.org/2015/10/22/the-global-landscape-of-blockchain-companies-in-financial-services/
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December 11, 2015, 06:44:45 PM
 #40

Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?

It is sustainable, what more I think it will rise a bit more before it stop. Will to back, in my opinion no, but I'm not 100 % sure of course. After reading some smart comments here on this forum  I believe price of bitcoin is still far from its real price, if bitcoin continue toc grow, and if people start to use it more and more only way for price is up, and we see bitcoin stronger every month.

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