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

[Adamsmit556]

It's predictable that if price breaks the limit of $700, it won't grow for a long time in a short term and drop off is likely to becoming.

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[iv4n]

Price is 684 $ today, I was saying the same. I'm also sure in that next stop is little over 700 dollars. We need just 17 dollars for that, and it`s possible for price to rise that much in next few days.
This is just one of the threads where OP`s are talking about plus 700 in end of the October. Interesting that this prediction will fulfill, it wasn`t from one man, point is that some of us here are talking about last two months.
I`m thinking that this stop will not last long, between October and new year, anything can happen.

[ynef]

If you joined after 2013 then now you get to see your first mega bullrun. Only this time, leverage is a lot more of a factor. Ppl w/ $1m can take out loans to get over $1m, then take loans on those loans using leverage, so can thus buy a lot more than $100m in BTC for a bullrun than the basic $100m they'd get on 100x leverage. For example.

The guy who takes a loan in order to buy Bitcoin must have some serious balls though.

[marcuslong]

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?

It's really posible that bitcoin will broke the $700 dollar so far the bitcoin price is in $681 dollars and it's still increasing and hoping that it will continue growing till the the end of the month so that we can be happy for this comming christmas

[ynef]

It's really posible that bitcoin will broke the $700 dollar so far the bitcoin price is in $681 dollars and it's still increasing and hoping that it will continue growing till the the end of the month so that we can be happy for this comming christmas

$700 is a relatively safe bet. However the whales out here might very well be counting on that. In theory, after $699 someone could dump a massive load on the market and cash in while everyone else is losing.

[calme]

If you joined after 2013 then now you get to see your first mega bullrun. Only this time, leverage is a lot more of a factor. Ppl w/ $1m can take out loans to get over $1m, then take loans on those loans using leverage, so can thus buy a lot more than $100m in BTC for a bullrun than the basic $100m they'd get on 100x leverage. For example.

The guy who takes a loan in order to buy Bitcoin must have some serious balls though.

You betcha. But basically what I was getting at is that the exchanges are now more leverage-oriented than they were back in the day. Before, ppl had to rely on bots running up the price w/ money that didn't exist. Now, anyone can help run up the price w/ money they don't have, thanks to leverage.  

[coinzat]

Your speculation was right . the price is heading to 700 level in steady steps. It was the same time last year when the price start rising from 200 to 400 and a similar pump seems to happen again in the next days

[uki]

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?

With your experience level in this forum, I would expect that a 3% daily movement in Bitcoin won't make you start a new thread. Why? simply because Bitcoin is a still very volatile asset and such movements are part of the game. No need to make big theories out of that.

[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?

With your experience level in this forum, I would expect that a 3% daily movement in Bitcoin won't make you start a new thread. Why? simply because Bitcoin is a still very volatile asset and such movements are part of the game. No need to make big theories out of that.

Why not? This new price trend upward is not just the normal volatility movements of Bitcoin. There is a new pump that is worthy to be talked about. One new theory that is coming out is that Iceland's Pirate Party might become the next to rule their government this coming Saturday. So there are talks that we might see Bitcoin becoming adopted as an actual national currency.

[senyorito123]

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?

With your experience level in this forum, I would expect that a 3% daily movement in Bitcoin won't make you start a new thread. Why? simply because Bitcoin is a still very volatile asset and such movements are part of the game. No need to make big theories out of that.

Why not? This new price trend upward is not just the normal volatility movements of Bitcoin. There is a new pump that is worthy to be talked about. One new theory that is coming out is that Iceland's Pirate Party might become the next to rule their government this coming Saturday. So there are talks that we might see Bitcoin becoming adopted as an actual national currency.

Your though's maybe valid but to think that bitcoin will be an national currency will be a hard issue to think that will be surely implemented, but also maybe those upcoming event really helps since that event is long wait and it can cause commotion on buy orders to the bitcoins and the other conclusion that also have strong points why bitcoins price for now is surging up is the price peak season with bitcoin and wikipidea can give us the answer if we seek past information regarding to this one.

[uki]

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?

With your experience level in this forum, I would expect that a 3% daily movement in Bitcoin won't make you start a new thread. Why? simply because Bitcoin is a still very volatile asset and such movements are part of the game. No need to make big theories out of that.

Why not? This new price trend upward is not just the normal volatility movements of Bitcoin. There is a new pump that is worthy to be talked about. One new theory that is coming out is that Iceland's Pirate Party might become the next to rule their government this coming Saturday. So there are talks that we might see Bitcoin becoming adopted as an actual national currency.

Here is the link to pretty nice article summing up the current behaviour of Bitcoin: http://www.zerohedge.com/news/2016-10-27/needham-raises-bitcoin-price-target-848-heres-why
Although it is also very bullish, important things to note is this 3% daily volatility level, which is similar to small cap shares.
But in all honesty, fundamentally I am not that bullish. Not yet. I simply need to see some hard facts, not just rumours.

[Dux2K]

Your speculation was right . the price is heading to 700 level in steady steps. It was the same time last year when the price start rising from 200 to 400 and a similar pump seems to happen again in the next days

It would be nice to see that again but i think if see price go this high wont be as fast as last time it will take this time little longer

[serjent05]

I think it is possible to have bitcoin at 700 USD at the end of this week.  The uptrend seems to be going strong everyday.  If you can observe the pile of buy pressure,  700 USD is very possible.  There are more and more interesting thing that occur and help bitcoin price to ascend from 620 USD to what it is at this point.

[error08]

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?

$700 is a huge jump. We seem to be comprehensively out of the $30-$640 range now.
I would bet on $675 being the next resistance level.

Now the stage around $685-690, so we are close to break to $700 in the nearly future.
I think for the next two days left for this month could become nice chance for the price to bounce up, we just can't wait it happen.

[Caladonian]

I think it is possible to have bitcoin at 700 USD at the end of this week.  The uptrend seems to be going strong everyday.  If you can observe the pile of buy pressure,  700 USD is very possible.  There are more and more interesting thing that occur and help bitcoin price to ascend from 620 USD to what it is at this point.

there's a lots of investors seems to get more interested with this investment seeing the potential and the possibility of
adoption of current system might give btca big chance to make more valuable in this coming years so 700 up to 1000$
are still possible before ending this year.

[uki]

I think it is possible to have bitcoin at 700 USD at the end of this week.  The uptrend seems to be going strong everyday.  If you can observe the pile of buy pressure,  700 USD is very possible.  There are more and more interesting thing that occur and help bitcoin price to ascend from 620 USD to what it is at this point.

there's a lots of investors seems to get more interested with this investment seeing the potential and the possibility of
adoption of current system might give btca big chance to make more valuable in this coming years so 700 up to 1000$
are still possible before ending this year.

It is not more than another pump setup. I doubt many new money is really flowing into Bitcoin. But let's wait and look how the things develop. In my opinion there is no fundamental change in the last three months when we went down to $500.

[TrustyTim222]

It's predictable that if price breaks the limit of $700, it won't grow for a long time in a short term and drop off is likely to becoming.

I'm actually waiting for it to drop again... It's super hard to sell anything for bitcoin when people are holding on to all of theirs waiting for the price to go up. I just want to sell a few reddit accounts or something and get enough BTC to transfer over into my Steam wallet so I can finally use the Steam market.

Basically the problem with BTC being a "stock" and a currency at the same time is that whenever the price starts rising the economy freezes up as people's mentality switches over from the "currency" to the "stock" view of their BTC, waiting for the value to grow instead of spending it. If we wanted the value to really go up everyone would be spending some of their bitcoin regularly while only holding onto a little bit of their investment stash in case it goes through the roof (because something big happens like kids finding out it's good to buy and sell CS:GO skins with without their parents' credit card or something).

[error08]

Well, today the price already break to $700, so the prediction is true and it looks like will continue to rise.
Don't be so hurry sell out all your coin, I think the price could be increase in the next week.

[Taki]

Today the price is really close to hit the point of 700$ I hope it will happen in next few days. It's a big break for bitcoin I think. More than month the price seemed statable on the point of 600$. But this days it started to go higher so fast! I think bitcoin's current price 697 $ is not the possible maximum and i hope bitcoin will continue to grow with the same temps.

[serjent05]

Well, today the price already break to $700, so the prediction is true and it looks like will continue to rise.
Don't be so hurry sell out all your coin, I think the price could be increase in the next week.

Yes, it just break the 700 USD barrier, so the prediction on 700 USD at the end of october happened, I wonder what will be the next floor of Bitcoin since it already passed the 700 USD Barrier.  I hope this will be the next floor and Bitcoin starts to hit 800 USD from now until at the end of this year.