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Author Topic: $500 at the beginning of May ?  (Read 5002 times)
rickadone
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April 29, 2016, 11:37:44 AM
 #101

Huh. Another failed prediction? No biggie, at least the margin of error is getting slimmer.
Here's a blast from the past Smiley
Lowered Expectations



~ time passes ~




good times.

maybe in 2017 we will have predictions of $100,000 or so.

would be fun
That's funny. The article about "Bitcoin Price Will Reach $10k in 2014" is actually published in 2014. I know they might've done the poll probably a month before new years but they could've probably published it a little sooner. Plus, they probably didn't expect the drop on that time.
$100,000 in 2017. That'd be a good dream I won't try to wake up from.
target
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April 29, 2016, 12:05:36 PM
 #102

Huh. Another failed prediction? No biggie, at least the margin of error is getting slimmer.
Here's a blast from the past Smiley
Lowered Expectations



~ time passes ~




good times.

maybe in 2017 we will have predictions of $100,000 or so.

would be fun
That's funny. The article about "Bitcoin Price Will Reach $10k in 2014" is actually published in 2014. I know they might've done the poll probably a month before new years but they could've probably published it a little sooner. Plus, they probably didn't expect the drop on that time.
$100,000 in 2017. That'd be a good dream I won't try to wake up from.

$100,000 will never happen though. what will happen is taht people will dump their bitcoin when it reach $500-600 and it would be staying in these support for a long time until the next halving.
those users wil just about 5btc and up will dump to earn few hundreds and then buy again after the drop and it will go on and go for god knows when.
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April 29, 2016, 12:19:45 PM
 #103

People always expecting that they will win jackpot when they bought ticket this is nature..
We are greedy and pure expectations are very subjective.
What about real mathematical predictions?
How many new users are here ?
How much money is inolde now in bitcoin,real money, not assumptions based on actual price of bitcoin..
aleandromagno
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April 29, 2016, 12:21:51 PM
 #104

Huh. Another failed prediction? No biggie, at least the margin of error is getting slimmer.
Here's a blast from the past Smiley
Lowered Expectations



~ time passes ~




good times.

maybe in 2017 we will have predictions of $100,000 or so.

would be fun
That's funny. The article about "Bitcoin Price Will Reach $10k in 2014" is actually published in 2014. I know they might've done the poll probably a month before new years but they could've probably published it a little sooner. Plus, they probably didn't expect the drop on that time.
$100,000 in 2017. That'd be a good dream I won't try to wake up from.

$100,000 will never happen though. what will happen is taht people will dump their bitcoin when it reach $500-600 and it would be staying in these support for a long time until the next halving.
those users wil just about 5btc and up will dump to earn few hundreds and then buy again after the drop and it will go on and go for god knows when.

I don't think that $600 or $700 is any border. Buying and selling are happening all the time. Support as well can be on $2000..  Roll Eyes

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April 29, 2016, 12:41:18 PM
 #105

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.
Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.

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April 29, 2016, 12:51:00 PM
 #106

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.
Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.

It is true that now big players can manipulate the price, but capitalization of Bitcoin is growing all the time! Sooner or later Bitcoin will become a stable money! $500 may be even in few days. But do not forget about halving ...

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..1xBit.com   Super Six..
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April 29, 2016, 01:05:07 PM
 #107

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.
Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.

It is true that now big players can manipulate the price, but capitalization of Bitcoin is growing all the time! Sooner or later Bitcoin will become a stable money! $500 may be even in few days. But do not forget about halving ...

All big players doesn't have same thoughts so manipulation is just giving an average movement unlike in the past where there are only few people holds a lot of coins, if we are talking about the bitcoin price movement by start of a year.

Speculation is quite the major factor here disregarding some other factors that affects bitcoin price.

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April 29, 2016, 01:08:07 PM
 #108

This prediction is not looking so good now as it is only 2 days away from May and the amount of the rally has skydived back down to what it was a month ago. No real progress at all.  Sad

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April 29, 2016, 01:45:49 PM
 #109

Close call, since the bull pressure is really hard and attempts to crash the price are failing, the price crashed to 420 hours ago and we are not at 452 and steady growing, we will soon crush the 470 peak of the other day and then we will go through the 500's psychological barrier in no time. After that, it's breaking the last ATH.
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April 29, 2016, 02:23:31 PM
 #110

This prediction is not looking so good now as it is only 2 days away from May and the amount of the rally has skydived back down to what it was a month ago. No real progress at all.  Sad
This prediction may fail again. stay a few more days a month may be arriving, and the price is still above $ 450, we need people who want to buy bitcoin with many within a few days to get the price reaches $ 500

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April 29, 2016, 02:29:23 PM
 #111

500 dollar at the beginning of may is in my eyes possible because its now already at the 45 dollar so I think it will not be hard to reach the 500 dollar.
The 500 dollar can be reached very easy if you ask me, just a matter of some time.
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April 29, 2016, 03:09:06 PM
 #112

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.
Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.
The value is hard to predict and the most people are of course hoping that the value will be more worth and that can be nice for the people who already have Bitcoin.
But it wont rise that fast I think because it takes time until the value will be more.
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April 29, 2016, 03:18:39 PM
 #113

I think the 500 dollar is reachable for may but I think it will hit this amount in the middle of may to be honest.
The price is close to it now but I also think in a week it will lower a bit.

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April 29, 2016, 03:27:49 PM
 #114

The price should be way higher but that would assume that the BTC price and people's behaviour follows common sense!  Also if someone can explain to me why some people think the halving should lead to a price fall I would be grateful.
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April 29, 2016, 05:52:59 PM
 #115

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.
Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.

It is true that now big players can manipulate the price, but capitalization of Bitcoin is growing all the time! Sooner or later Bitcoin will become a stable money! $500 may be even in few days. But do not forget about halving ...
Halving won't get us far, if it is only halving... If there is no real focus on the development we will get yet another pump similar to that one we had last November. How fat it can go? Somewhere between $500 and $600.

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April 29, 2016, 06:34:50 PM
 #116

Halving won't get us far, if it is only halving... If there is no real focus on the development we will get yet another pump similar to that one we had last November. How fat it can go? Somewhere between $500 and $600.

I agree I don't think it will cause a huge rise but some crazy people think it will cause a crash in price and I just don't understand how fewer coins being produced does that?  Also I think you're right the big rises in value will come from external developments that increase the uses and utility of Bitcoin not the technical side of things.
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April 29, 2016, 08:21:43 PM
 #117

There is a good chance that the 500 dollar will be reached this next month but we still have to look if its really gonna happen.
Maybe it will be in the beginning although I think that would be to mealy I think it will be at the end it will take some time to reach the 500 dollar from the number 450.
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April 29, 2016, 08:47:12 PM
 #118

To be honest this is a bit of a long shot even though April has been a relatively positive month for Bitcoin.

But to be honest, we have no idea where Bitcoin will go since it is manipulated heavily by the big players.
Exactly. As long as the speculation is the main driving force it is really hard to predict when the next p&d will start.

It is true that now big players can manipulate the price, but capitalization of Bitcoin is growing all the time! Sooner or later Bitcoin will become a stable money! $500 may be even in few days. But do not forget about halving ...
Halving won't get us far, if it is only halving... If there is no real focus on the development we will get yet another pump similar to that one we had last November. How fat it can go? Somewhere between $500 and $600.

$600 will probably be the highest point assuming the price will go in that direction. They keep naming the block halving all the time, but what if there wasn't a block halving? Would they still be that confident that the price will sky rocket this year? I don't think so.
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April 29, 2016, 09:43:51 PM
 #119

$600 will probably be the highest point assuming the price will go in that direction. They keep naming the block halving all the time, but what if there wasn't a block halving? Would they still be that confident that the price will sky rocket this year? I don't think so.

The only thing the block halving will do is push out the little guys who mine and leave only the super sized mining farms resulting in greater consolidation and centralisation moving further and further away from the ideals of Bitcoin.  It will likely raise the price but as has been stated previously large sustained price rises are only going to come with greater adoption and it seems with Bitcoin that little has changed in this regard since 2013 when I first got interested in it. 

Sure there are huge plans in the background for mainstream uses and adoption but they are forever 6 months away or a year away and never seem to actually arrive.  It's like Bitcoin is the nuclear fusion of currency - nuclear fusion is always 20 years away from becoming a reality, Bitcoin is always 6-12 months away but it may as well be 20 years.

(As for the increasing centralisation of mining I think a switch to POS might help but this is not the right place to discuss that.  I have started a thread in the mining forum if anyone is interested to explore that idea: https://bitcointalk.org/index.php?topic=1454710.msg14706074#msg14706074)
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April 29, 2016, 11:43:11 PM
 #120

$500 before april ends.  Grin
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