Zadicar
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November 26, 2016, 03:09:34 AM |
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Well just have a faith for bitcoin upper thrend for now its surely well go for the speculated amount but we cannot assure on what year, month and day will it occur, but i cannot really say that this current price well be his toppest price since the adoption still up and price plays on the good level so expect we can see more top in this incoming days maybe the time for that is not for now but let see what will happen on december.
basically what you are saying is have faith, it will grow for sure. It doesn't work that way, sorry. Wishful thinking is one thing, the other thing is what is on the charts. And that doesn't look good. Point. Theres no really need to have faith because it will surely rise up on the future. Reaching 1k price is possible though but not the same on the previous years which it went up on that price and sudden dumps and for now its not like the case because bitcoins price do have a good support and resistance we cant see anything like what happen before. It may rise but not in a forced or hard way.It will be gradually.
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uki
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November 26, 2016, 07:21:36 PM |
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Well just have a faith for bitcoin upper thrend for now its surely well go for the speculated amount but we cannot assure on what year, month and day will it occur, but i cannot really say that this current price well be his toppest price since the adoption still up and price plays on the good level so expect we can see more top in this incoming days maybe the time for that is not for now but let see what will happen on december.
basically what you are saying is have faith, it will grow for sure. It doesn't work that way, sorry. Wishful thinking is one thing, the other thing is what is on the charts. And that doesn't look good. Point. Theres no really need to have faith because it will surely rise up on the future. Reaching 1k price is possible though but not the same on the previous years which it went up on that price and sudden dumps and for now its not like the case because bitcoins price do have a good support and resistance we cant see anything like what happen before. It may rise but not in a forced or hard way.It will be gradually. We have support? Based on what, if I may ask? In last six month (i.e., after announcing Segwit) nothing new fundamentally important has been put on the development side. That means that all the support we have right now, is similar to the one at the halving pump. I will remind you, we even reached $800 to go down $500 shortly after. I wouldn't be very surprised if the story repeats soon, as the correction is due.
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CoinCidental
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November 26, 2016, 09:46:58 PM |
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Well just have a faith for bitcoin upper thrend for now its surely well go for the speculated amount but we cannot assure on what year, month and day will it occur, but i cannot really say that this current price well be his toppest price since the adoption still up and price plays on the good level so expect we can see more top in this incoming days maybe the time for that is not for now but let see what will happen on december.
basically what you are saying is have faith, it will grow for sure. It doesn't work that way, sorry. Wishful thinking is one thing, the other thing is what is on the charts. And that doesn't look good. Point. Theres no really need to have faith because it will surely rise up on the future. Reaching 1k price is possible though but not the same on the previous years which it went up on that price and sudden dumps and for now its not like the case because bitcoins price do have a good support and resistance we cant see anything like what happen before. It may rise but not in a forced or hard way.It will be gradually. We have support? Based on what, if I may ask? In last six month (i.e., after announcing Segwit) nothing new fundamentally important has been put on the development side. That means that all the support we have right now, is similar to the one at the halving pump. I will remind you, we even reached $800 to go down $500 shortly after. I wouldn't be very surprised if the story repeats soon, as the correction is due. 500 would be a great buy in for a lot of people who missed it the last time, if 500 is visited again it wont be for long..... But realistically 600 is probably gone too....
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uki
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November 27, 2016, 10:03:35 AM |
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Theres no really need to have faith because it will surely rise up on the future. Reaching 1k price is possible though but not the same on the previous years which it went up on that price and sudden dumps and for now its not like the case because bitcoins price do have a good support and resistance we cant see anything like what happen before. It may rise but not in a forced or hard way.It will be gradually.
We have support? Based on what, if I may ask? In last six month (i.e., after announcing Segwit) nothing new fundamentally important has been put on the development side. That means that all the support we have right now, is similar to the one at the halving pump. I will remind you, we even reached $800 to go down $500 shortly after. I wouldn't be very surprised if the story repeats soon, as the correction is due. 500 would be a great buy in for a lot of people who missed it the last time, if 500 is visited again it wont be for long..... But realistically 600 is probably gone too.... $5xx handle is not very unlikely. It is about 20% down from where we are now. That wouldn't be something unusual to see correction of that kind for Bitcoin. It looks to me that a correction is due, and the corrections of Bitcoin tend to be at least 15-20%, if we look at the past charts.
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Kotone
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November 27, 2016, 12:07:34 PM |
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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.
Bitcoin will be at the big surge this comming 2017 i read lot's of article as long as there are bitcoin im going to hold them while im earning from trading website, Yes there are start pumping the bitcoin and if they are panicing those traders there are starting to sell and buy there coins to make profit.
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Stedsm
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November 27, 2016, 03:56:09 PM |
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You are right Jay, we are heading towards the price we all have been waiting for. Many will get a chance to get out with ROI for investments made at $1000 they made before, and others will take advantage trading the swings of markets.
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Slow death
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November 27, 2016, 05:54:25 PM |
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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.
I'm of the same opinion as the @Nahl, @uki and @1Referee we was already discuss similar thread such as this when facing next halving even some people says the price will went to $1000 rapidly after halvng but that doesn't happening and also compare the previous situations is not good for predict the price movement and i don't think $1000 will be new ATH on 2016 and even for the beginning of 2017 probably the price will stay on $800 below so OP had just make pure of speculations here
If we don't reach the top of this year before going down we will paint a double top formation with lower second top on the charts. That will look technically very ugly. I am not even saying about the possibility of reaching $1k price. Now it seems the steam is over and as there are no hard facts to support this high price, we should correct soon. I was anyway surprised how good and long we stay above $750.
If we don't reach the top of this year before going down we will paint a double top formation with lower second top on the charts. That will look technically very ugly. I am not even saying about the possibility of reaching $1k price. Now it seems the steam is over and as there are no hard facts to support this high price, we should correct soon.
There isn't any real incentive to go higher from the $750 levels, where I am strongly believing in a serious correction that is heading towards us any time this year. People dreaming about $1000 to happen this year will get smacked in their face real hard. I was anyway surprised how good and long we stay above $750.
I think it's just being kept at current levels by whale traders to get rid of a large part of their stash before they make the price tank real hard. After that they buy back at ~$600. It's a game that they play very well. Not this year.
Only a few words, but these words make more sense than all other dreamers here thinking the price will reach the $1000 level this year.Bitcoin still struggling to go above $750... I can't see how it will reach $1k within this year.... maybe next
It is but I think that it has a good future and that it will still reach this amount this year it just need some weeks to do this in my eyes. It can maybe reach this amount but we still have to see this, lets hope it will, I have some good hope on it but you never know it of course. I think that its possible with some luck. well, wishful thinking is one thing, the reality is the other. currently there are no fundamental reasons to support higher valuation of Bitcoin. A pump may bring the price a bit higher than we are right now, but looking back to the halving pump, we hardly exceeded $800. I don't see why this time should be different (better). They: @Nahl, @uki and @1Referee. made very realistic comments that currently we are overly bullish in here.
Most people are relying on faith, which in my opinion is something they should not do
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richmcrich
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November 27, 2016, 06:08:45 PM |
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Most people are relying on faith, which in my opinion is something they should not do
But when the faith is coming with all reasons why not they are relying on that. No one will hope that litecoin will hit $1000 at any time soon. But, they do see that with bitcoin because of its potential and its demand. India markets are already trading above $1000 due to their recent crisis so why not all other markets too ?
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2double0
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November 27, 2016, 06:32:50 PM |
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Most people are relying on faith, which in my opinion is something they should not do
Faith might be called as speculation, and that's what bitcoin is based upon. So, if relying on faith is not correct according to you, then 1000 USD would not have been possible before.
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uki
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November 27, 2016, 08:08:14 PM |
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Most people are relying on faith, which in my opinion is something they should not do
Faith might be called as speculation, and that's what bitcoin is based upon. So, if relying on faith is not correct according to you, then 1000 USD would not have been possible before. You are right. But even within the speculation, we can distinguish between bets that are relatively safe, and these that are completely wild, not based on any (reasonable) arguments. I can write, for example, that the price of Bitcoin will be 3000 USD next. I'd love that prediction to come true (and I guess everybody around in here), but I know that this practically impossible. I have a lot of evidence around that makes me think that the price won't rise to $3000 next year.
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CoinCidental
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November 28, 2016, 11:24:59 PM |
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Most people are relying on faith, which in my opinion is something they should not do
Faith might be called as speculation, and that's what bitcoin is based upon. So, if relying on faith is not correct according to you, then 1000 USD would not have been possible before. You are right. But even within the speculation, we can distinguish between bets that are relatively safe, and these that are completely wild, not based on any (reasonable) arguments. I can write, for example, that the price of Bitcoin will be 3000 USD next. I'd love that prediction to come true (and I guess everybody around in here), but I know that this practically impossible. I have a lot of evidence around that makes me think that the price won't rise to $3000 next year. Never say never in bitcoinland Mass adoption hasn't even kicked in yet so The only users are STILL mainly crypto geeks...
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Doms
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November 29, 2016, 02:32:42 AM |
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Prices at these levels are already good enough year end prices. If I were to choose, I'd rather that the price stay this way for a while and then just make another run at $800 early next year. We have already seen the price try to break the $800 resistance too soon, only to plummet near $500 levels. A steady albeit slow rise would be more ideal for me.
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error08
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November 29, 2016, 08:23:22 AM |
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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.
We can't judge that what happened last year would happen this year as it's already proven, last time bitcoin need less than 15 days and now we've been waiting for a month and it seems not to happen in this year to reach $1000. Most probably we could see the price rises to $800 by the end of the year.
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serjent05
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November 29, 2016, 09:41:19 AM |
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Most people are relying on faith, which in my opinion is something they should not do
Faith might be called as speculation, and that's what bitcoin is based upon. So, if relying on faith is not correct according to you, then 1000 USD would not have been possible before. The 1000 USD before was mere manipulation, and see what it got the investors at that price to. They are yet to get a ROI, I am not saying 1000 USD is not achievable, but I think it is not yet this year. I can see Bitcoin closing at 750 - 850 range this year , probably some set back at 700. If bad press kicks in we can see sub 600 USD or way less.
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Adelajda
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November 29, 2016, 10:03:49 AM |
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You are right Jay, we are heading towards the price we all have been waiting for. Many will get a chance to get out with ROI for investments made at $1000 they made before, and others will take advantage trading the swings of markets.
I have seen some posts from other members that the price of bitcoin has crossed thousand dollars in some exchanges in india and i am not sure about that and that is the case is it possible for everyone to trade with those exchanges,since i tried to register in one exchange but they are asking all my personal details to get verified
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1Referee
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November 29, 2016, 10:18:13 AM |
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I have seen some posts from other members that the price of bitcoin has crossed thousand dollars in some exchanges in india and i am not sure about that and that is the case is it possible for everyone to trade with those exchanges
I believe it was Nigeria where the price of Bitcoin has peaked over the $1000 level, but it's basically the same story as what is happening in India. Lack of supply makes people there jump into Bitcoin at whatever price just to have some coins. Just look at what will happen as soon as the market there starts maturing. Prices will come down significantly till the level that they somewhat match the rates of western exchanges. i tried to register in one exchange but they are asking all my personal details to get verified
Nowadays exchanges will force you to sign up with your personal details in order to make use of that exchange. Make sure you stick to well established exchanges that have been building up a decent reputation, instead of sending over your personal details to a less known/trusted exchange. You never know what will happen with your personal information.
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Barbut
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November 29, 2016, 10:26:04 AM |
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Prices at these levels are already good enough year end prices. If I were to choose, I'd rather that the price stay this way for a while and then just make another run at $800 early next year. We have already seen the price try to break the $800 resistance too soon, only to plummet near $500 levels. A steady albeit slow rise would be more ideal for me.
Bottom line is this, we need to be satisfied with current price, even thou we wish more its in our human nature, price is very good as it is. We need to break 800 then 900 and eventually we will get to 1000 $ and more. I thought months ago that we can reach 1000 but how year is coming to an end I see how half-cocked I was. 1000 $ sounds great, but holding that high price is better then just touching it, we all agree about it, and slowly and steady rise can be better for achieving that goal.
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rivoke
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November 29, 2016, 10:32:27 AM |
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I think it's impossible for reaching 1000 value except bitcoin reach another halving on 2019 As we know bitcoin become grower but there are more problem occur from their backend so they need some time to recover their popularity
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DonQuijote
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November 29, 2016, 12:45:09 PM |
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You have to be patient, btc is a child
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THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA
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MWesterweele
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November 29, 2016, 02:31:42 PM |
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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.
Yes there are big chance that bitcoin will hit the price of $1000 dollar in this comming year or in this comming new year bitcoin price already broke up the $740 price when this is not stable in this there are chance that bitcoin will be decrease it self but increase that fast. Hoping that there are spike happen.
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