Dux2K
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October 19, 2016, 03:42:16 PM |
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Seems we won't see this cuz price is going down is is just some spike or just something else Think that maybe this will be bad if this comes back to 600
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Barbut
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October 19, 2016, 03:56:39 PM |
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It was pretty nice rise back then, thanks for reminder. I think it's time now for new record. There is many similarities now with halving 4 years ago, conditions are same, bitcoin is more popular. New record is possible, and I'm happy to see that many of us here feel's the same. Well now is 19, just 10 more days and we will see what will happen, I wish best of luck for us.
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kryptqnick
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October 19, 2016, 05:41:46 PM |
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Well, if Bitcoin jumped from 600$ to 1000$ in less than 2 weeks it doesn't mean that it will be the same this time. Of course I don't think that now is the right time to sell. I guess it will grow up. But slowly, not the way it did. It's just our problem as human beings that we try to fing some regular things in our life to have something we can count on. The world is not like that actually. And as B.Russell nicely said, a cock can be surprised one day that he won't get food but will be killed.
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SaShiRaJaVu
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October 19, 2016, 06:09:37 PM |
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I was no where near the bitcoin community during that time and really surprised to see the spike in price within a few days ,i suspect that the sudden surge is because there was a sudden interest from all over the world and people started purchasing the coin and that might help in the instant rise in price,now we cant expect those sort of sudden rise but i expect it to rise gradually
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Bitcoinsummoner
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October 19, 2016, 06:34:24 PM |
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Well the price of bitcoin right now is 639 but there is still no sign that the price will increase again to 1148.. so for now for me its impossible to happen.. maybe the price can be consider is 700 value to 800 value its more easy to be reach this goal than 1k value..
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n691309
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October 19, 2016, 10:46:21 PM |
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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. Almost a week has passed and the price was the same until today afternoon when the price was dumped a bit(-$10), and the bitcoin trending is not like before on that huge pump, I want to see bitcoin more stable and at a higher price within 1 year.
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outatime1
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October 19, 2016, 11:50:37 PM |
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If I remember correctly, the last time the price went over $1100, it was pump that was possibly a bot error on mtgox. In other words, it wasn't real. It was sort of a fluke. If it went that high that fast again, I think we should expect it to also be a fluke and the price will come back down.
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Shiroslullaby
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October 20, 2016, 01:19:16 AM |
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Its obviously much easier to grow small number than a high one when you are talking about money. That's why everyone tries to invest at a coin during startup/ ICO. You have a much better chance of a coin doubling from $0.01 to $0.02 than $10.00 to $20.00
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Altcoinmoney
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October 20, 2016, 01:46:22 AM |
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Lets hope we will achieve such an nice amount again, I do not see it happen fast but it would be nice if we see it happen. I think that its possible in the future and maybe even faster.
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dunfida
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October 20, 2016, 04:06:14 AM |
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Lets hope we will achieve such an nice amount again, I do not see it happen fast but it would be nice if we see it happen. I think that its possible in the future and maybe even faster.
We are hoping the same thing too, not only us but all of bitcoin users would love to see those prices again or even more. It would really not happen in a fast way because adoption is the main issue here. If bitcoins adoption would rapidly increase then as expected the price would increase too.
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richardsNY
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October 20, 2016, 04:16:21 AM |
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If I remember correctly, the last time the price went over $1100, it was pump that was possibly a bot error on mtgox. In other words, it wasn't real. It was sort of a fluke. If it went that high that fast again, I think we should expect it to also be a fluke and the price will come back down.
It was not a bot error. It was pure manipulation in benefit of the operator from MtGox himself. He had like 100,000 BTC, so what's easier to make himself filthy rich than manipulating the price higher and higher with his very own exchange? But unfortunately greed took over as he clearly wasn't satisfied with "just" 100,000 BTC. Filthy scammer that he is. He didn't only ruin thousands of people, but also left a scar on Bitcoin's image.
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Iceborn
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October 21, 2016, 01:03:20 AM |
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Back in the days it was way easier, its now also stabler than ever due to that I do not think that 11 days is possible. It would not take weeks to accomplish this in a good time.
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marcus1986
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October 24, 2016, 06:27:21 PM |
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Yeah, these were amazing days! I feel very soon we are waiting the repetition of these events.
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uki
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October 24, 2016, 08:14:49 PM |
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-snip- 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.
History won't repeat that easily. We are in a different setup, with different volumes involved at the moment. By different setup I mean, there is no more Wally, and there are some more exchanges so the volume is not so concentrated in one spot, it is more spread. Secondly, revisiting some price level costs usually much more volume than at the very first time. We have now much more Bitcoins circulating, as back then in 2013, and I don't see new fiat money coming to bitcoin that easily as three years ago to push it to the ath.
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LFC_Bitcoin
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October 24, 2016, 09:56:57 PM |
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Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.
I was dreaming of much higher prices than we are currently seeing.
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azguard
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October 25, 2016, 07:06:53 AM |
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Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.
I was dreaming of much higher prices than we are currently seeing.
i think that 90% of forum users here are expect the same after halving but nothing happen that we need something desperate that is also true but i dont think we can hit 1000 this year not now or in two week or by end of year dont see anything that will help boost the price up only still small spikes now and then but they dont mean anything
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amacar2
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October 25, 2016, 03:31:28 PM |
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Yeah, these were amazing days! I feel very soon we are waiting the repetition of these events.
It is hard now to see such huge pump like before because lots of new players are in trading market swinging price almost everyday for nice quick profit. There need atleast few big events for bitcoin so that new fiat can flow into bitcoin marketcap, and current buying support seems to be coming from china due to devaluation of their currency.
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pitham1
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October 25, 2016, 11:52:06 PM |
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Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.
I was dreaming of much higher prices than we are currently seeing.
There are vast untapped markets in emerging economies... Africa, India, etc. We just need a fraction of them to adopt Bitcoin and the price will go through the roof.
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pooya87
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October 26, 2016, 04:34:10 AM |
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Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.
I was dreaming of much higher prices than we are currently seeing.
There are vast untapped markets in emerging economies... Africa, India, etc. We just need a fraction of them to adopt Bitcoin and the price will go through the roof. since that kind of adoption is not going to happen over night , that kind of "through the roof" rise will also never happen over night. it takes time and this would probably take a year at least.
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milewilda
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October 26, 2016, 04:47:29 AM |
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Just to echo what the poster about me said, there simply isn't enough new users & new fiat being pumped into bitcoin at the moment. We desperately need something to give the price a real boost.
I was dreaming of much higher prices than we are currently seeing.
There are vast untapped markets in emerging economies... Africa, India, etc. We just need a fraction of them to adopt Bitcoin and the price will go through the roof. since that kind of adoption is not going to happen over night , that kind of "through the roof" rise will also never happen over night. it takes time and this would probably take a year at least. Thats the main thing which really affects the bitcoins price which is its adoption and as you mentioned its doesnt happen overnight and would really takes time. Bitcoins price on gradual movement would be better for me compared on those hard pumps which usually ends up on a hard dump. Situation on bitcoins price on previous years would not be the same on upcoming years because as we all know adoption is here and movements would be expected to be different at all.
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