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Author Topic: Bitcoin price volatility  (Read 1420 times)
mindrust
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November 18, 2016, 03:39:28 PM
Last edit: November 18, 2016, 04:39:42 PM by mindrust
 #21

It is possible.

There are serious economical problems ahead waiting for us. Banning cash, raising the interest rates, italexit, deutsche... So many crap... While bitcoin can benefit from those situations, the opposite also may happen. You know, if we go to the phase of "dump everything", bitcoin may take its piece and can crash also. If we don't see the bottom, bitcoin will keep gaining value.

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November 18, 2016, 03:49:08 PM
 #22

This forecast involves different factors. There needs to be real demand to reach the 1,000 USD target. But even if it takes a few months, this value can be achieved.
In my opinion, Bitcoin is underpriced from the perspective of a long-term investor. But for the short term, I'm not sure about it.
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November 19, 2016, 08:39:29 AM
 #23

It is possible.

There are serious economical problems ahead waiting for us. Banning cash, raising the interest rates, italexit, deutsche... So many crap... While bitcoin can benefit from those situations, the opposite also may happen. You know, if we go to the phase of "dump everything", bitcoin may take its piece and can crash also. If we don't see the bottom, bitcoin will keep gaining value.

That depends on whether people see Bitcoin as an commodity-like asset or as cold cash. If they see Bitcoin as a commodity, then Bitcoin's price will drop when the price of other such assets drop.
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November 19, 2016, 09:31:25 AM
 #24

I predicted it could happen. but it did not happen this year. may be 1000 USD will occur at the beginning of the month in 2017. bitcoin price developments very fast and well controlled with very nice.
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November 19, 2016, 10:37:28 AM
 #25

It is possible.

There are serious economical problems ahead waiting for us. Banning cash, raising the interest rates, italexit, deutsche... So many crap... While bitcoin can benefit from those situations, the opposite also may happen. You know, if we go to the phase of "dump everything", bitcoin may take its piece and can crash also. If we don't see the bottom, bitcoin will keep gaining value.
it is very possible. the important thing now is to maintain the deployment of bitcoin. because the more people are using the higher the price of bitcoin on the market. it is the law that apply in the global financial world.
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November 19, 2016, 10:42:52 AM
 #26

It is possible.

There are serious economical problems ahead waiting for us. Banning cash, raising the interest rates, italexit, deutsche... So many crap... While bitcoin can benefit from those situations, the opposite also may happen. You know, if we go to the phase of "dump everything", bitcoin may take its piece and can crash also. If we don't see the bottom, bitcoin will keep gaining value.
it is very possible. the important thing now is to maintain the deployment of bitcoin. because the more people are using the higher the price of bitcoin on the market. it is the law that apply in the global financial world.

What do you mean on " deployment of bitcoin". It sounds strange. But bitcoin volatility as of now is not the same to other alt coins out there. It is more established than before and price increased by 2x is quiet hard to attain at this moment. I think bitcoin is already exposed to world and that is the reason for a big price inflation to 700$ per 1 bitcoin.
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November 19, 2016, 01:20:36 PM
 #27

The price of bitcoin still uptrend, will it reach $1000 again?

it will reach there eventually, it just needs time and as we have been seeing in bitcoin and how it rises we can be sure about two things that bitcoin will be worth $1000 and more some day and that some day will be in at least a year or two from now because price has been rising slowly for the one and a half year now.

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November 19, 2016, 01:43:07 PM
 #28

I predicted it could happen. but it did not happen this year. may be 1000 USD will occur at the beginning of the month in 2017. bitcoin price developments very fast and well controlled with very nice.
Yeah I also speculated it to happen few months after halving but it didn't. If the current up-trend continues then surely we can expect $1000 in early months of 2017.
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November 19, 2016, 06:00:52 PM
 #29

I predicted it could happen. but it did not happen this year. may be 1000 USD will occur at the beginning of the month in 2017. bitcoin price developments very fast and well controlled with very nice.
Yeah I also speculated it to happen few months after halving but it didn't. If the current up-trend continues then surely we can expect $1000 in early months of 2017.

most likely that it will be in q1 of next year
this i expect if this price rise continues to go over 800 and realistically it can stay like that expect around xmas to be that price maybe in some range at least 790-810 just that we can say we are over 800 or at least in that price range

dont think we will see 1000 this year but we never now we might see this at late december but this i have hopes for it in q1 2017



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November 20, 2016, 09:14:19 AM
 #30

Price volatility is one among the unique feature that bitcoin has got. Lot love the volatility which can't be experienced in any of the other country currencies or digital currencies. The volatility keeps the traders active to earn good profit.

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November 20, 2016, 09:51:33 AM
 #31

Price volatility is one among the unique feature that bitcoin has got. Lot love the volatility which can't be experienced in any of the other country currencies or digital currencies. The volatility keeps the traders active to earn good profit.

Yes traders loves high volatility but what about merchants?  Unless this merchants are traders themselves, they will be having a hard time adopting bitcoin and this will have a significant effect in the future of bitcoin.  With limited usage, bitcoin will never make it to the mainstream.  Stability is what it needs to have merchants accept it and start a worldwide mass adoption.

I predicted it could happen. but it did not happen this year. may be 1000 USD will occur at the beginning of the month in 2017. bitcoin price developments very fast and well controlled with very nice.
Yeah I also speculated it to happen few months after halving but it didn't. If the current up-trend continues then surely we can expect $1000 in early months of 2017.

more probably last week of 1st quarter of 2017

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November 20, 2016, 11:05:31 AM
 #32

The price of bitcoin still uptrend, will it reach $1000 again?

it will reach there eventually, it just needs time and as we have been seeing in bitcoin and how it rises we can be sure about two things that bitcoin will be worth $1000 and more some day and that some day will be in at least a year or two from now because price has been rising slowly for the one and a half year now.
so true . we just need time to get the numbers 1,000USD. bitcoin price movements continue rising until today. bitcoin in the beginning of 2017 could reach 1,000USD fairly easily. everyone hopes it will happen as soon as possible.

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November 20, 2016, 12:23:24 PM
 #33

Bitcoin price was volatile from the start of bitcoin trading so it is not surprising to see dumps and pumps on bitcoin. And we can't conclude anything about future price just looking at few $ pumps happening at short time period, but if we look at price trending charts on longer time period yes price trend is upwards this whole year. So i think 1000$ can be reached again or even we may see new ATH price but we may have to wait a year or more for it to happen.
Actually, we can't predict future price based on charts that shown similar increased in the past, maybe a little bit affected but the main reason of increases price cause of demand and supply which supply are limited and demand depends in economics trend and how famous bitcoin as solution of it.
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November 20, 2016, 03:36:23 PM
 #34

several years ago too bitcoin could reach $1000 so i think there is a chance to back on those price however uptrend don't mean will always increasing for each days and for me even very possible but i don't think that would be happening on this year and on my predictions the price will hit again to $1000 a year after second halving date and that year is 2017
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