Price just broked $650, so we next stop will be $700 by end of this week

[lolxxxx]

And the market is overvalued by 80% best time for investment and the price of bitcoins will grow for sur hoping to see 1k bh the end of 2016 lets hope for the best.

[calme]

^^ You would normally short if you thought the mkt was overvalued, so I think we can use context clues to see what you really meant

[BitcoinPC]

Exactly, now bitcoin is $650, and definitely i can predict that bitcoin would be grow more than $750. Now you see bitcoin still in a good position, so i think 100% chances than in the next 2 months bitcoin will be rise up. We should believe on it, that the coming months would be great for bitcoin's price wise and also give us chance to make profit.

[lolxxxx]

^^ You would normally short if you thought the mkt was overvalued, so I think we can use context clues to see what you really meant

The demand of bitcoins is increased in the market that is why i guess it is overvalued as there is an whole article about it you can read yourself i just lost the link.

[uki]

^^ You would normally short if you thought the mkt was overvalued, so I think we can use context clues to see what you really meant

The demand of bitcoins is increased in the market that is why i guess it is overvalued as there is an whole article about it you can read yourself i just lost the link.

Forget about article, just think a bit. If something is overvalued, that means it is more likely that the price will drop rather than keep rising.
More likely means here that the price may keep rising for some more time, but not too long. That also means that there is substantial risk to buy at this point of time and the logical decision is to sell rather than to buy.

[Zadicar]

^^ You would normally short if you thought the mkt was overvalued, so I think we can use context clues to see what you really meant

The demand of bitcoins is increased in the market that is why i guess it is overvalued as there is an whole article about it you can read yourself i just lost the link.

Forget about article, just think a bit. If something is overvalued, that means it is more likely that the price will drop rather than keep rising.
More likely means here that the price may keep rising for some more time, but not too long. That also means that there is substantial risk to buy at this point of time and the logical decision is to sell rather than to buy.

If we saw  the  price of bitcoin  would soar  up  high  gradually  and then  just as expected   there would  be really times that   it would  go down its price because  people would  really tend to sell  up their  bitcoin  on the   high price and with that  it would  go down again. Reachin $700 price  point would  be  possible   on this year not  within  this week.

[pooya87]

^^ You would normally short if you thought the mkt was overvalued, so I think we can use context clues to see what you really meant

The demand of bitcoins is increased in the market that is why i guess it is overvalued as there is an whole article about it you can read yourself i just lost the link.

overvalued doesn't mean price has gone up, it means it is over the value that is should be.

and when you say "demand of bitcoin is increased" it means the value is where it should be and even undervalued right now. and that is what i think is happening.

[jondeen707]

^^ You would normally short if you thought the mkt was overvalued, so I think we can use context clues to see what you really meant

The demand of bitcoins is increased in the market that is why i guess it is overvalued as there is an whole article about it you can read yourself i just lost the link.

Mate, it looks like you got the terminology wrong. It least based on what you wrote it looks like you are confusing the terms.

[Wind_FURY]

Today Price bounces by $20 overnight and today is first day of this week so i think we are heading towards $700 which may get touched by end of this week, what are your speculation.

How much you guys have right now and will you short some when it reach $700 again or not?

Why would you short Bitcoin? In a way, it is like betting against it and the potentially big price jump to $1000 and possibly beyond. The coins to short sell or bet against are the over priced and the over hyped ones like Ethereum or Dash. Bitcoin should be held, and if it goes down, you should buy more. But doing the same to altcoins is not advisable.

[piloder]

Only few days remaining for end of october and this month so we may have to wait next month to see $700 price again. Price recovered really fast, nobody have guessed that price will rise again $700 this year, after bitfinex platform got hacked early this year.

[marcus1986]

I can definitely see a $700+ price in the next two months, IF we can continue at this trend. We are seeing SegWit and the LN coming soon, and

this will remove any doubt about the scaling issues that has been hyped up by Bitcoin haters and Fiat shills. Once all of this falls into place, we

will see some mainstream adoption globally. 

The only thing that can stop it is a black swan, e.g. hacking of one of the major exchange or something similar.

[mrNightowl]

Get ready for another pump. I bet we reach $700 in the next coming weeks!

[uki]

$700 by end of this week might be too soon, but i think that it could happen in early of November
As usual, we hope people don't sell their bitcoin too soon which could lead bitcoin price to few weeks ago.

We have difficulties at $650. Let's cross that level fist and stay stable above. $700 would be the second step, once the first is completed. I don't expect very sudden rise at the moment, therefore these little steps have to be followed.

[joshmacabe]

this now is trend up
maybe in end october bitcoin price can up until 700dollar/bitcoin

[Wind_FURY]

$700 by end of this week might be too soon, but i think that it could happen in early of November
As usual, we hope people don't sell their bitcoin too soon which could lead bitcoin price to few weeks ago.

Yes it could be too soon, but not entirely impossible for Bitcoin. We have seen it jump higher before. Ok so now we know that there is demand for Bitcoin, the problem now is the "why"?

What is causing this rise? I have read an article that the big Chinese miners are becoming optimistic about Bitcoin Unlimited and that they are insinuating that they are supporting bigger blocks, ending the scaling debate.

[Zadicar]

Even thoug bitcoins price broke already  on  $650 price but still it would not  guarantee us to  reach   $700 on the end of the week . As of today   it stabilizes agaon  on $650 price and  for sure  it would really take another time  for  it  to  move again. Lets wait   on the next move though.

[Doms]

I just sold all that I bought and earned from April up to now. Now I will have to start from scratch again and hope that I can still buy a few, even in the low $600 range. $700 is very much possible, but I highly doubt if it is going to happen this week. The climb from $600 to $650 took a while and $650 is still not a strong support at this point in time.

[Kotone]

Today Price bounces by $20 overnight and today is first day of this week so i think we are heading towards $700 which may get touched by end of this week, what are your speculation.

How much you guys have right now and will you short some when it reach $700 again or not?

Bitcoin price will hit the prediction of $700 dollars per bitcoin and many will be happy if this happy by the end of the month or maybe next month or the last thing is by the end of the year and this is just a spectulation but it just getting true and if this really happens then many of us are going to be happy because our christmas or newyear a god damn soo cool.

[Fatanut]

OP pictured out the market of bitcoin to increase in such short period of time. When the price pumps, it's more likely for it to decrease sooner than to increase. Even though the price of bitcoin is actually pointed upward, there would always still be some minor and major dump simply because that's how it works. When the price of bitcoin increases, people take advantage of that situation and sells some coin.

[Caladonian]

OP pictured out the market of bitcoin to increase in such short period of time. When the price pumps, it's more likely for it to decrease sooner than to increase. Even though the price of bitcoin is actually pointed upward, there would always still be some minor and major dump simply because that's how it works. When the price of bitcoin increases, people take advantage of that situation and sells some coin.

making the price to go down again, that's the essence of it why people are buying because of this possibility to earn from
this investment knowing the fluctuation and the capability to earn.