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Author Topic: It took only 11 days to go from 639 to 1148 last time  (Read 6406 times)
gkv9
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October 15, 2016, 07:47:11 PM
 #41

That's correct, because halving is done finally and with ease... Even the fees are so high, but still would love to see bitcoins pumping steadily and making it up to a new ATH we all have been waiting for... History is surely going to repeat itself, I am waiting for both November and January as both were exciting months during 2013-14 period... Smiley

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October 15, 2016, 09:32:28 PM
 #42

yes that is right but after that the price fell down to a very lower value so i like bitcoin to continue rising through this way and hope that the price of bitcoin will not drop to a low level just like previous time. and hope that this time it will stay there for a long time.
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October 15, 2016, 10:14:08 PM
 #43

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)


Let's be realistic  if the price pumped to $10,000 it would not fall all the way back to 600

In that event, 600 would be a memory, just  like buying a bitcoin for under  $10 is now for us....
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October 16, 2016, 03:53:16 AM
 #44

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)


Let's be realistic  if the price pumped to $10,000 it would not fall all the way back to 600

In that event, 600 would be a memory, just  like buying a bitcoin for under  $10 is now for us....

It would really be  a  dream if bitcoins price would reach 10k price but  as you said   if we reach that amount it would  not really dump its price back on  600 which is  impossible thing to do unless if all  bitcoin holders and investors would  dump their coins for sure  it would go back to its  price point.

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October 16, 2016, 04:10:25 AM
 #45

it doesn't matter how long it took for the big rise in the past and it really doesn't matter what the price was in the last time a rise this big happened.

today is a new day and it can not be compared with the past since a lot of things has changed since that last time of big bitcoin rally.

There is a FOMO brewing...
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October 16, 2016, 07:51:18 AM
 #46

it is not going to happen this time, not yet.

eventually we will see another rise like that, but at the moment it's not possible because we're still not done with that stupid debate.
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October 16, 2016, 09:26:40 AM
 #47

it is not going to happen this time, not yet.

eventually we will see another rise like that, but at the moment it's not possible because we're still not done with that stupid debate.
Yeah it will be a long time before we see a rise like that but I might be wrong about it.

Are you talking about the bitcoin block size debate?
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October 16, 2016, 09:36:58 AM
 #48



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.
you are true , but in my opinion the price will not cross $700/btc .
still your suggestion is much appreciable because it is the time to hold btc not to sell .

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pissedoff
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October 16, 2016, 11:31:26 AM
 #49



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.
you are true , but in my opinion the price will not cross $700/btc .
still your suggestion is much appreciable because it is the time to hold btc not to sell .
Its definitely not the time to sell your bitcoins now, We might only see an increase in the bitcoin market price unless some major bad news comes.
Caladonian
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October 16, 2016, 11:40:39 AM
 #50



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.
you are true , but in my opinion the price will not cross $700/btc .
still your suggestion is much appreciable because it is the time to hold btc not to sell .
Its definitely not the time to sell your bitcoins now, We might only see an increase in the bitcoin market price unless some major bad news comes.
i'm with you buds i don't see possible reason to make it fall down and the market keep showing strength so better
to keep buying and holding it or if wiser that much try playing it inside alt trading while waiting for it to grow more.
pissedoff
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October 16, 2016, 12:05:26 PM
 #51



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.
you are true , but in my opinion the price will not cross $700/btc .
still your suggestion is much appreciable because it is the time to hold btc not to sell .
Its definitely not the time to sell your bitcoins now, We might only see an increase in the bitcoin market price unless some major bad news comes.
i'm with you buds i don't see possible reason to make it fall down and the market keep showing strength so better
to keep buying and holding it or if wiser that much try playing it inside alt trading while waiting for it to grow more.
Playing with altcoin trading is very risky unless your an experienced trader so I don't think its good for everyone.
Perpetuate
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October 16, 2016, 12:25:16 PM
 #52

I don't think that bitcoin will hit the thousand mark for some time. Unless it is there is an increased use of it around the world, I believe it will just slowly but steadily grow. As long as there is no other exchange that is hacked it should reach it by Q2 2017.
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October 16, 2016, 01:31:11 PM
 #53

instead of counting the days to a pump and hoping for it, you should start hoping this never happens because it never lasts and unless you are watching the price 24/7 you will surely miss out on selling your coins because price in a bubble will drop faster than rising.

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celebreze32
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October 16, 2016, 01:56:00 PM
 #54

We have a lot of people who got burnt, when they jumped in when the price reached $1000. Those people are still waiting for the price to reach those levels

I find that very hard to believe.  No newbie sits at a loss for over three years.  They'd double down or abandon it. And hardly anyone will have paid the absolute peak price for all their coin.

Everyone saying Bitcoin can never pump again because it's  mature or everyone knows about it is talking out of their ass. The only reason it hasn't pumped is because there hasn't been any demand for it.

I read a few posts by newbies dumping their Bitcoins at a loss after jumping in when the price reached $1000. I don't think many held them for years. Most newbies bought at $1000 to buy the altcoins that were pumping after Bitcoin's pump. That helped keep the price above $900 for most of December and January after Bitcoin reached $1000. Bitcoin pumped fast but didn't dump fast, whereas the altcoins often got pumped and dumped within a day. If Bitcoin pumps like that again it will probably hold a new high value for months after.
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October 16, 2016, 02:25:23 PM
 #55

instead of counting the days to a pump and hoping for it, you should start hoping this never happens because it never lasts and unless you are watching the price 24/7 you will surely miss out on selling your coins because price in a bubble will drop faster than rising.
We should hope that this never happens as a bubble but we should hope that it happens due to good buying support.
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October 16, 2016, 02:33:40 PM
 #56

We have a lot of people who got burnt, when they jumped in when the price reached $1000. Those people are still waiting for the price to reach those levels

I find that very hard to believe.  No newbie sits at a loss for over three years.  They'd double down or abandon it. And hardly anyone will have paid the absolute peak price for all their coin.

Everyone saying Bitcoin can never pump again because it's  mature or everyone knows about it is talking out of their ass. The only reason it hasn't pumped is because there hasn't been any demand for it.

I read a few posts by newbies dumping their Bitcoins at a loss after jumping in when the price reached $1000. I don't think many held them for years. Most newbies bought at $1000 to buy the altcoins that were pumping after Bitcoin's pump. That helped keep the price above $900 for most of December and January after Bitcoin reached $1000. Bitcoin pumped fast but didn't dump fast, whereas the altcoins often got pumped and dumped within a day. If Bitcoin pumps like that again it will probably hold a new high value for months after.

nobody cares about what newbies are doing because they are doing it with a very small amount of money , and in fact that is why they are called newbies otherwise you would have called them financial geniuses!

besides the reason why price stayed up was the manipulation with combination of hype and i don't really understand why we are talking about this in 2016 since EVERYTHING has CHANGED since that time.

Holding Bitcoin More Every Day
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October 16, 2016, 04:03:32 PM
 #57

I don't think that bitcoin will hit the thousand mark for some time. Unless it is there is an increased use of it around the world, I believe it will just slowly but steadily grow. As long as there is no other exchange that is hacked it should reach it by Q2 2017.

The $1000 range can be broken extremely fast.Let an ETF get an approval and Wall-Street money flood in and you will see the $1000+ in no time at all!
And no bigger increase of user adoption is needed to reach that goal.
If just a few of the filthy rich decide to park a very tiny fraction of their wealth in Bitcoin we will pass the old ATH pretty quick.
I'm sure 2017 can be the year where we see the 4 figures in terms of BTC's price again.
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October 16, 2016, 04:40:29 PM
 #58

I don't think that bitcoin will hit the thousand mark for some time. Unless it is there is an increased use of it around the world, I believe it will just slowly but steadily grow. As long as there is no other exchange that is hacked it should reach it by Q2 2017.

The $1000 range can be broken extremely fast.Let an ETF get an approval and Wall-Street money flood in and you will see the $1000+ in no time at all!
And no bigger increase of user adoption is needed to reach that goal.
If just a few of the filthy rich decide to park a very tiny fraction of their wealth in Bitcoin we will pass the old ATH pretty quick.
I'm sure 2017 can be the year where we see the 4 figures in terms of BTC's price again.
The few filthy rich people can even buy all the bitcoins in circulation but I don't think they will jump into bitcoin unless it becomes big on its own.
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October 16, 2016, 05:30:07 PM
 #59

If just a few of the filthy rich decide to park a very tiny fraction of their wealth in Bitcoin we will pass the old ATH pretty quick.

they didn't get filthy rich by becoming greater fools and enriching the people here. if they really want in then we'll see all kinds of weird techniques to avoid inflating the price. otc will explode and maybe they'll play some exchange games to hammer the price.
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October 16, 2016, 05:30:34 PM
 #60

it is not going to happen this time, not yet.

eventually we will see another rise like that, but at the moment it's not possible because we're still not done with that stupid debate.

I agree just what the other person said, way back it was an unknown entity, so it was a surprise when they saw bitcoin gaining grounds, then they all  jump in it without analyzing or thinking.  But now people already bitcoin and more probably cautious on what to act when they see bitcoin price increasing.  It may surpass the previous ATH but i don't think it is this year.

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