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Author Topic: It took only 11 days to go from 639 to 1148 last time  (Read 6399 times)
Fatanut
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October 14, 2016, 01:39:57 PM
 #21

Well, we can always be optimistic and hope that the line "History repeats itself." will happen. November and December is coming up, we're already in mid October. We just have to wait a few more days to see if people would be investing their money into Bitcoins instead of just buying things that they want. It is usually at these months when people spends a lot of money. I already dumped some of my coins just to make sure that I'll get some profit just in case the price goes back to 600$.

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Lucius
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October 14, 2016, 02:11:21 PM
 #22

I can agree that the present time is completely different then of what happened in the past,so we will need a lot more than 11 days to achieve these price.But it all depends what happens and possibility that repeats what happened at the end of last year.

Then we see how easy price can jump from 250$ to 500$,so it is easily possible to price could reach somewhere between 800-900$ by the end of year.

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Rostadom
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October 14, 2016, 02:31:02 PM
 #23

Just because it happened before, doesn't mean it will happen again today. I think the main reason why it increased that much before because people were just starting to know Bitcoins and a lot of people wanted to have Bitcoins at that time. Whales are entering the game. Today, the whales are already set. They all have their Bitcoins ready to be sold in a higher price. Nevertheless, this is still a possibility.
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October 14, 2016, 03:23:57 PM
 #24



Before you are thinking about selling, think twice. Bitcoin can pump insanely high since the marketcap is really small and it can potentially go to 100.000+ per coin long term, so 600 to 1000 is absolutely nothing.

The next months will be fun.

I don't want to spoiled all great expectations here but manipulation back then is different if it will be applied by today.

No doubt that coins are much distributed today at "DIFFERENT" person today unlike back then where most of the people are big hoarders. Also no doubt that coins today are being used even it can only gives small percentage at bitcoin price.

We can reach that $1,000 positively but not on a sudden increase since Im sure many will dump at $800 , $900 range.

Just a speculation though.

Correct, situation  on previous years  are not  similar as  of now  and as you said coins are now distributed  and spread already unlike  on those previous years  that there are lots of huge bitcoin holders  thats why its easy to dump and pump on bitcoins price unlike  now that  it would really takes time  to  reach  a certain high price point.

nice where did you keep this image nice to see this
but maybe it would be good if this comes true
but think that like said herenot just like that sudden increase

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azguard
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October 14, 2016, 04:09:52 PM
 #25

I can agree that the present time is completely different then of what happened in the past,so we will need a lot more than 11 days to achieve these price.But it all depends what happens and possibility that repeats what happened at the end of last year.

Then we see how easy price can jump from 250$ to 500$,so it is easily possible to price could reach somewhere between 800-900$ by the end of year.

sure i will back you up this market now and the one in 2013 are completely different in all ways
now is very hard to come with this huge jumps in price also it is hard to see price come down like that but realistically we could see price you mentioned by end of this year



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minimalB
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October 14, 2016, 05:07:24 PM
 #26

Hey guys,

can someone please tell me which iOS app is in OP's post? Thanks.
wikenpp
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October 14, 2016, 11:46:15 PM
 #27

That is exactly the reason why the rise was only temporary. If the price goes to a certain point slowly the market can adapt and support will build. Just like we see now.
Remember bitcoin has changed from 2013 to now. It's way more popular and therefore more money and interests are involved.
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October 15, 2016, 12:07:03 AM
 #28

Just because it happened before, doesn't mean it will happen again today. I think the main reason why it increased that much before because people were just starting to know Bitcoins and a lot of people wanted to have Bitcoins at that time. Whales are entering the game. Today, the whales are already set. They all have their Bitcoins ready to be sold in a higher price. Nevertheless, this is still a possibility.

For whatever reason, it went up to that high price in short time, but it also didn't survive longer period and can back also so fast, and it went to $200 level. So anything goes up so quickly will not survive for a longer period. I think many people who ever purchased at that price by thinking it will go up even more and lost money will never buy bitcoins again in their lifetime. Prices always should go slow and study.
alnoor1231
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October 15, 2016, 12:11:05 AM
 #29

I remember us being at 600 multiple times over the last 2 years. Be hopeful, but don't hold your breath Smiley
blackmagician
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October 15, 2016, 12:46:14 AM
 #30

Deja vu? If its gonna happen then i will now start collecting btc thru faucets. Even it will toollk me months or years on faucets just to collect 0.1 btc. Cause for now i dont have any btc to invest or to gamble.

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October 15, 2016, 03:03:55 AM
 #31

Btc price went up to 640 from 600 recently, so I expected new posts with $10,000 bitcoins.

Get over it, people. Bitcoin will never hit 10,000. Bitcoin will never hit 2,000. Ever.

Well, at least NOT IN YOUR LIFE TIME.

As someone pointed out, the last time it went to 1,000, we had mtgox and willy, as well as China discovering bitcoin. There's no mtgox or willy, and China now controls anything bitcoin-related. Simply, there's no space for bitcoin to rocket off into.

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October 15, 2016, 03:13:34 AM
 #32



Before you are thinking about selling, think twice. Bitcoin can pump insanely high since the marketcap is really small and it can potentially go to 100.000+ per coin long term, so 600 to 1000 is absolutely nothing.

The next months will be fun.

11 days?? It took only 9!!  Tongue
A bubble like that is not desirable. Those who got in at the wrong moment had to wait years before they could break even. It is better to have a consistent, sustained increase.
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October 15, 2016, 04:33:34 AM
 #33

From the screenshot above it took only 9 days in fact to go from $639 to $1,148, it was really a hard pump which worked well but that didn't lasted long. I wouldn't be so sure that the price can go to 100.000+ easily because going to 1k is not easy so for 100k isn't needed to be discussed.
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October 15, 2016, 12:31:53 PM
 #34

Before you are thinking about selling, think twice.

i always think twice and then some more before making any trades, that is the only way to success. you eliminate panic selling and you will always benefit.

Quote
Bitcoin can pump insanely high since the marketcap is really small and it can potentially go to 100.000+ per coin long term, so 600 to 1000 is absolutely nothing.

The next months will be fun.

$100,000 per coin is just an illusion in short term. maybe some day in the future after i am dead, this happens but there is no way it happens in short term.

so 600 to 1000 dollar is a lot at this point and if we continue growing slowly as this the price will be reached and it will never come back down again.

Hey guys,

can someone please tell me which iOS app is in OP's post? Thanks.

i am also interested to know this, i hope OP replies to his own topic!!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 15, 2016, 02:41:29 PM
 #35

From the screenshot above it took only 9 days in fact to go from $639 to $1,148, it was really a hard pump which worked well but that didn't lasted long. I wouldn't be so sure that the price can go to 100.000+ easily because going to 1k is not easy so for 100k isn't needed to be discussed.

Indeed  its  really a hard pump and  as expected  there would follow a  hard dump because most  people would  really tend to sell of  their bitcoin. As of todays  situation  of bitcoin price it would not  do the same thing for sure  but still better to see this  movement anyway slowly rising.

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October 15, 2016, 03:01:57 PM
 #36

Better to see that big pump again but we may have to wait for really big good event to happen to see such price ride again.
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October 15, 2016, 03:46:50 PM
 #37



Before you are thinking about selling, think twice. Bitcoin can pump insanely high since the marketcap is really small and it can potentially go to 100.000+ per coin long term, so 600 to 1000 is absolutely nothing.

The next months will be fun.
But now not month of november so your prediction maybe would totally wrong because i only believe one bitcoin price would rise when closer to end of the year.
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October 15, 2016, 04:45:48 PM
 #38

Better to see that big pump again but we may have to wait for really big good event to happen to see such price ride again.

how can a big pump leading to a big bubble be a good thing? and trust me, you won't make profit from it because when price of anything is going up like that you will always think there will be more so you will wait for 2000,3000,10000.... and don't sell and prices like these don't last long and before you know it price drops back down to $600 (in case such pump happens)

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October 15, 2016, 07:08:12 PM
 #39



Before you are thinking about selling, think twice. Bitcoin can pump insanely high since the marketcap is really small and it can potentially go to 100.000+ per coin long term, so 600 to 1000 is absolutely nothing.

The next months will be fun.
But now not month of november so your prediction maybe would totally wrong because i only believe one bitcoin price would rise when closer to end of the year.

sure but think that OP aimed on price and hoping to see the same result like back in 2013
can't say it will be like that and can't say it wont be likr that
we could see that next month or next year or in some other time



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October 15, 2016, 07:20:28 PM
 #40

Already five days, and only 660$. Hopefully that won't be for now. I have not enough in reserve so better that it happens later Kiss !
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