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Author Topic: $700 HIT ^^ TARGET 900-1100  (Read 5650 times)
guy_wonderful (OP)
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October 29, 2016, 01:40:44 PM
Last edit: October 29, 2016, 01:59:21 PM by guy_wonderful
 #1

700 reached. Congratulations!

It's took us longer than expected, but as told - we are finally here.
Targets still the same 800- 1300
By the way, now target can be officially corrected to 900-1100 https://bitcointalk.org/index.php?topic=1104545

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October 29, 2016, 01:57:21 PM
 #2

700 reached. Congratulations!

It's took us longer than expected, but as told - we are finally here.
Targets still the same 800- 1300
By the way, can be officially corrected now to 900-1100 https://bitcointalk.org/index.php?topic=1104545
Actually we may now see price touching $800 like everyone have speculated before bitfinex got hacked and price get dumped heavily. Price is recovering very fast and it also have good momentum. $800 seem really easy to achieve.

 
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October 29, 2016, 02:57:19 PM
 #3

It seems that the train is going full steam and does not intend to stop any time soon.With this speed it is not unrealistic to expect 800$ in next few days and then even that magic 1000$.

I see price is around 714-717$ on BitFinex and Coinbase,something a little less on other exchanges, but all is in green.Media should do their part of work now,bring some positive new and push price even more upward Smiley


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October 29, 2016, 03:44:36 PM
 #4

Cliff High, the internet web bot algorithm guy, around a month ago or so, said once we break $700, look for $800, on our way to $1000.
We will go above and below $1000, but finally never fall again below it.

He also mentioned Gold and silver exploding. His Bitcoin price target was something like $12,000 per coin...

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October 29, 2016, 05:04:45 PM
 #5

Yeah this is really a big pump from $600 wothout reaching a month long the price got reach $700

So expect more this coming month maybe it will reach $800 with in last week and in december maybe hit in $900-$1000 so expect this value Roll Eyes

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October 29, 2016, 05:11:59 PM
 #6

wasn't 700 already reached? so why you say it took longer than expected? i remember that we reached 770 actually, so 700 is still very low compared to the previous peak, i would not be so excited about it yet

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October 29, 2016, 08:21:33 PM
 #7

700 reached. Congratulations!

It's took us longer than expected, but as told - we are finally here.
Targets still the same 800- 1300
By the way, can be officially corrected now to 900-1100 https://bitcointalk.org/index.php?topic=1104545
Actually we may now see price touching $800 like everyone have speculated before bitfinex got hacked and price get dumped heavily. Price is recovering very fast and it also have good momentum. $800 seem really easy to achieve.

I totally forgot about Bitfinex hack. When you consider this, the price wanted to move much higher back then.

Makes me wonder which exchanger is going to get "hacked" now?

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October 29, 2016, 08:37:20 PM
 #8

700 reached. Congratulations!

It's took us longer than expected, but as told - we are finally here.
Targets still the same 800- 1300
By the way, can be officially corrected now to 900-1100 https://bitcointalk.org/index.php?topic=1104545
Actually we may now see price touching $800 like everyone have speculated before bitfinex got hacked and price get dumped heavily. Price is recovering very fast and it also have good momentum. $800 seem really easy to achieve.

I totally forgot about Bitfinex hack. When you consider this, the price wanted to move much higher back then.

Makes me wonder which exchanger is going to get "hacked" now?

Well most forgot about bitfinex hack but we broke 700 finally what is next price to breakand what will be next stable price

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October 29, 2016, 09:40:06 PM
 #9

will rise to 1000$ soon , we can  go back 2013. yes i believe... Roll Eyes
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October 29, 2016, 09:51:56 PM
 #10

Careful, if American interest rates go up (and that's looking more and more likely), then bitcoin's advance should stall. Unless desperate folk in China and elsewhere buy because their currencies are weakening.

 
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October 29, 2016, 09:55:35 PM
 #11

Careful, if American interest rates go up (and that's looking more and more likely), then bitcoin's advance should stall. Unless desperate folk in China and elsewhere buy because their currencies are weakening.
Interest rates will probably go up.  I think bitcoin's price will move sideways regardless once this price movement settles.
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October 29, 2016, 09:55:37 PM
 #12

700 reached. Congratulations!

It's took us longer than expected, but as told - we are finally here.
Targets still the same 800- 1300
By the way, now target can be officially corrected to 900-1100 https://bitcointalk.org/index.php?topic=1104545

I took longer than we expected because we thought that at halving time the price would be higher.

But I didn't expected to happen this time, I expected later at the end of this year but hopefully happened these days and I really expect now that the price will be $800 very soon.
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October 29, 2016, 09:56:03 PM
 #13

Careful, if American interest rates go up (and that's looking more and more likely), then bitcoin's advance should stall. Unless desperate folk in China and elsewhere buy because their currencies are weakening.

The only thing that stalls the new bull run are people taking profit and that is fine.
Consolidation and then going higher. The only way we gonna see a new ath longer then some days Smiley

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October 29, 2016, 10:00:37 PM
 #14

Well I think it is possible to hit $800 if as said press plays its part.  Without bad news lurking around, and bitcoin gaining its ground breaking $700  barrier,  it just need the press to push it to another $100  increase.  Press together with advertises and enthusiast will play a big part in this uptrend of bitcoin price.

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October 29, 2016, 10:17:30 PM
 #15

Pretty damn cool if I do say so myself.  As far as those target prices...there can't be any logic behind them, and they're kinda just hope in the form of a prediction.  We'd all like to see the all-time high again, but whether we're headed that way is anyone's guess.

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October 29, 2016, 11:59:51 PM
 #16


I took longer than we expected because we thought that at halving time the price would be higher.


The pump up to the halving took the price to about $735. So it will probably go back up to that. After that... we've got both American interest rates rising and the Chinese yuan weakening further. If the bulk of buyers are coming from China (money escaping), then it could hit $800. But rising American interest rates will mean that some people in the west will take profits and sell and park their dollars in money market accounts

 
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MingLee
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October 30, 2016, 02:58:00 AM
 #17


I took longer than we expected because we thought that at halving time the price would be higher.


The pump up to the halving took the price to about $735. So it will probably go back up to that. After that... we've got both American interest rates rising and the Chinese yuan weakening further. If the bulk of buyers are coming from China (money escaping), then it could hit $800. But rising American interest rates will mean that some people in the west will take profits and sell and park their dollars in money market accounts
Regardless of the reasoning for all of this, I'm stoked to see what is going to come out of the rest of this information. The remaining portions of the chinese investors are probably still looking to put more into Bitcoin (assuming this is accurate information) and I wouldn't be surprised to see similar things like this in the future, considering the world economy.
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October 30, 2016, 03:48:50 AM
 #18

Don't be so hasty with thought that $700 is our new home and minimum bitcoin's price from now on. It is far from that.
BTC price is barely stabilized - every $10 gain from now on will be hard. You think that $900 is a possibility in 2016? Forget it.
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October 30, 2016, 05:01:52 AM
 #19

Don't be so hasty with thought that $700 is our new home and minimum bitcoin's price from now on. It is far from that.
BTC price is barely stabilized - every $10 gain from now on will be hard. You think that $900 is a possibility in 2016? Forget it.
No, there are lo of possibilities to see $1000 before end of 2016. But, what I am afraid to face here, there would be another possibilities for a slight downfall around $800 that may lead up to $650 again. If $650 holds strongly, then there will not be any hurdle to test $1000 levels before end of this year itself.
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October 30, 2016, 05:04:48 AM
 #20

i just hope your target of 900 whatever reaches slowly, the same way the current $700+ has been reached. otherwise we are going to see crashes too, and that's something that nobody wants to see with bitcoin.

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