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Author Topic: 1000+ is anytime now  (Read 9019 times)
thejaytiesto
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November 22, 2016, 05:46:33 PM
 #1

We are going to see a big surge in price and it will happen in a course of days, remember that last time we went from 600 to 1000 it took less than 15 days, so once it starts pumping and we get in the 800 territory, panic buy will kick in, 800 and 900 will go out quick and we will be sitting at 1000+, some people will panic sell at 1000+, it will correct a little, less than people think, then the people that missed the boat will jump in as soon as it goes below 1000, pushing the price to the next ATH.

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November 22, 2016, 05:56:18 PM
 #2

You forgot one very important part of your prediction: why?

Did you see something on TV that made you think of this? Or just thought there weren't enough threads made referencing this arbitrary even number of $1000USD?

Yes. $1000 is going to happen. But what happened in the past was a huge surge and right now we're not seeing that. I'm not saying it can't happen, just why do you think it will? I would like to see consistent steady growth IMO rather than a huge surge, crash, then the people that came on board during the surge / crash hate bitcoins now because they lost so much money. You have to remember that people are stupid so if they see the price surging they'll hang on until it crashes back down to a normal value, be pissed about it and never use bitcoins again. A normal rate of adoption would be much much better.














 

 

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thejaytiesto
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November 22, 2016, 06:00:43 PM
 #3

You forgot one very important part of your prediction: why?

Did you see something on TV that made you think of this? Or just thought there weren't enough threads made referencing this arbitrary even number of $1000USD?

Yes. $1000 is going to happen. But what happened in the past was a huge surge and right now we're not seeing that. I'm not saying it can't happen, just why do you think it will? I would like to see consistent steady growth IMO rather than a huge surge, crash, then the people that came on board during the surge / crash hate bitcoins now because they lost so much money. You have to remember that people are stupid so if they see the price surging they'll hang on until it crashes back down to a normal value, be pissed about it and never use bitcoins again. A normal rate of adoption would be much much better.

Well it's very easy. Bitcoin is about to get segwit, and with segwit pandora's box is opened, sidechains, confidential transactions, lighting network... everything is possible.

Then add in the fact that countries like China keep making their citizens move their wealth away, and we will see a big surge in price.

Trump is yet to enter office, and I think this stupid hype on markets and dollar will end soon too.


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November 22, 2016, 07:02:12 PM
 #4

I like your thinking OP, I'm ready for the train to depart. I've been ready for so long my ass is hurting from sitting here waiting.

Choo Choo.

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November 22, 2016, 07:06:20 PM
 #5

I think sentiment is bullish and positive, but nowhere near manic enough for a surge. It could of course develop fairly rapidly but perhaps it's better that it doesn't.

There doesn't need to be a reason why and Segwit and friends may be months or years away from initiating, if ever.
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November 22, 2016, 07:23:15 PM
 #6

I agree 1000 is imminent, but it is not coming anytime real soon.

There is still a lot of consolidation going on. Price may touch 800 briefly and than drop back for another month.

Breaking the 1000 will likely cause an epic spike though, I'm all ready for that!

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November 22, 2016, 07:26:31 PM
 #7

1000$a coin is too much it wont happen if it does we will see another flash crash back to 600

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November 22, 2016, 07:36:07 PM
 #8

1000+ sounds terrific and I'm very optimistic regarding the price but stil I think it's too soon at the moment to get that high. Maybe somwhere around the begininig of the new year if there will be no some bigger issues or crashes like huge hacker attacks. Anyway have my fingers crossed for this to happen as soon as possible.

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November 22, 2016, 07:51:28 PM
 #9

I like the idea of hitting a 1000(+) again as well. The only part that I dislike is the price chart after hitting this $1000 mark once again. News, especially wallet and exchange hacks, will hit the price even more once it is above a $1000.

For exchanging BTC itself, $1000 for 1 BTC would be great if it stays around that number. It shouldn't become too expensive.

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November 22, 2016, 07:56:44 PM
 #10

Dog, I hope you are right.  It's been a hail of a long time since bitcoin hit its ATH, and all of us is patiently awaiting the break-on-through.

It's a-commin'!!  But right now I'll be happy if and when we bust thru $800.  Then we all will see.

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November 22, 2016, 08:09:50 PM
 #11

We are going to see a big surge in price and it will happen in a course of days, remember that last time we went from 600 to 1000 it took less than 15 days, so once it starts pumping and we get in the 800 territory, panic buy will kick in, 800 and 900 will go out quick and we will be sitting at 1000+, some people will panic sell at 1000+, it will correct a little, less than people think, then the people that missed the boat will jump in as soon as it goes below 1000, pushing the price to the next ATH.
100% possible. Stable bitcoin prices around $740 may support this further. Indian markets are already trading $900+ price levels. So, any time these prices may convergences, then panic buy will do all the rest of job.

 

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November 22, 2016, 08:37:16 PM
 #12

We are going to see a big surge in price and it will happen in a course of days, remember that last time we went from 600 to 1000 it took less than 15 days, so once it starts pumping and we get in the 800 territory, panic buy will kick in, 800 and 900 will go out quick and we will be sitting at 1000+, some people will panic sell at 1000+, it will correct a little, less than people think, then the people that missed the boat will jump in as soon as it goes below 1000, pushing the price to the next ATH.
100% possible. Stable bitcoin prices around $740 may support this further. Indian markets are already trading $900+ price levels. So, any time these prices may convergences, then panic buy will do all the rest of job.

So, let's buy Bitcoins, enjoy the season to make profit any moment with prices in $1000! A rich Christmas for all BTC investors.

I think it will happen soon too. But when the price reaches to $1000, many people will sell the coins and maybe the price can retreat a bit again. I'm sure the price will reach to $1000, but will stable a bit lower... I hope to have a stable price at $900-$950...

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November 22, 2016, 08:42:06 PM
 #13

I hope you're right.

Once the price hits $930USD, we'll be at a Canadian dollar ATH.
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November 22, 2016, 09:22:20 PM
 #14

I hope you're right.

Once the price hits $930USD, we'll be at a Canadian dollar ATH.

Assuming a stable USD and/or CAD, which surely is not a given.

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November 22, 2016, 10:21:19 PM
 #15

I understand the enthusiasm in here, but I am still very sceptical about the price reaching $1k. We still do not have hard facts in our hands, and all the juicy promises are just promises. They may seem close one day and very distant the very next day. The difference is small.
Seeing things a bit more realistically, let's first cross the top of this year and see how we behave there. All the rest, above that, is just pure and wild speculation with little arguments.

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November 22, 2016, 10:41:19 PM
 #16

25% price increase? Without a strong reason?

Honestly bitcoin don't have force to hit this symbolic number of $1000, will be a lot of panic sells until the price reach this number so it will be a slower process, at least 6 months+, less than this is just utopia.

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November 22, 2016, 10:43:29 PM
 #17

I don't think so. The last time bitcoin reached $1000, there was no ability to short, so the pump worked. It won't work now. Besides the Fed will be raising interest rates in December. That will strengthen the dollar against all assets including bitcoin. BTC might rise in terms of yuan, but not in terms of dollars.

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November 22, 2016, 11:18:56 PM
 #18

It's a nice thought, but I'm not sure what you are basing these predictions on.
How many Bitcoin are really being sold in India? The 'financial crisis' was a bit overstated from what I've seen.

No big news, no new services accepting Bitcoin,
maybe Mega will announce something soon but unless we hear some big developments I can't really see how the price will break $800.

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November 22, 2016, 11:24:58 PM
 #19

We are going to see a big surge in price and it will happen in a course of days, remember that last time we went from 600 to 1000 it took less than 15 days, so once it starts pumping and we get in the 800 territory, panic buy will kick in, 800 and 900 will go out quick and we will be sitting at 1000+, some people will panic sell at 1000+, it will correct a little, less than people think, then the people that missed the boat will jump in as soon as it goes below 1000, pushing the price to the next ATH.

Here we go again at the "last time" sequence as a basis.

Remember that past performance can't guarantee future results but can consider as good reference. Events in the past that made bitcoin reached it's ATH will never be happened again. It's a sort of new event that will happen now to reached new ATH.

But you know everyone can speculate as always. If ever you speculation will be correct, Im hoping that the correction price will established at around $900 after some big dump once it reached the line of $1000. But some traders didn't want to buy at consider high price so expect an attempt of manipulation to bring down the price much.



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November 22, 2016, 11:41:05 PM
 #20

At this point it is going to take major news to thrust BTC into a new ATH. Whether it's Pokemon Go implementing Bitcoins or Zuckerberg coming out and saying he has a Million BTC... only time will tell

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