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Author Topic: I don't want a $2,000 bitcoin by February  (Read 3149 times)
bamboylee
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January 05, 2017, 08:13:51 PM
 #21

He will go soon at 550$.

I do not think it will go down that far. We have a healthy support at 800 before the price pushed to over 1000. If it is going down, the bottom will be at 800 and above.
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January 05, 2017, 08:17:45 PM
 #22

Is there anyone else on this forum who is solely interested in what is best for bitcoin and not necessarily just it's price going through the roof? I suppose if it's price does rise high that would be a good thing for bitcoin, but not always. If it shoots up too quickly because of hype or what have you it could collapse like it did before. However I do believe that if the price crashes all the way back down like it did in 2013 it will only strengthen bitcoin even further, just like it did in 2013. However that doesn't mean that's what I'm hoping for.

I'm rooting for a slow and healthy climb like we've seen the past two years. I don't want to see a $2000 bitcoin by February, only to be followed by a $200 bitcoin in March. What are your guys' opinions? 

though im hoarding alot a coin, i dont care much for the price drama. i dont even look at the price unless i have been prompted by other people drama.

those that understand bitcoin and in it for the long haul dont care much either. but i do have to agree a steady progressive price is better than a rampant price rise.

but with that said the up's and downs are to be expected.
if you are a trader do not panic/cry when the price drops. think of it as a discount day to buy more while cheap. if the price jumps treat it as a bonus day to sell at profit to then buy in later when it settles back down.

if your not a trader, then dont worry about the price

I m a trader therefore I do care about price movements but only really to the extent that I can take advantage of them to acquire more BTC to HODL..

I am never concerned about trading to make more $ or cny or monero, eth, dash, etc... They are all just a vehicle to make more BTC..

Though I do believe BTC will eventually go up in price very high to $10k and beyond, I am mostly in the crypto game for its libertarian/anarchistic ideals of taking power away from banks and governments..

Edit.. But, I would like to add that I do think that a higher, much higher price, is instrumental to the widespread adoption of BTC because we need a bigger marketcap and more liquidity to stabilize price and cut down the volatility..

Volatility hampers real world use and I believe that a larger market cap is what we need to become less volitile..

$100 swings right now are devastating volatility but if BTC were $10k then $100 swings would be much more negligible..

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January 05, 2017, 09:58:44 PM
 #23

Well, I do not think speculation will give us any respite now. We will continue to see this great volatility these days and have to be vary cautious when deciding the proper time to buy and sell our coins, especially if you don't want to blow your money.
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January 05, 2017, 10:03:06 PM
 #24

I also would not like 2000 dollar in February because of the fact that it would be too fast and than can easily crash too, not stable at all.
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January 05, 2017, 10:46:02 PM
 #25

Ahm in it ta win it like the muthafukkin Marlboro Man.  So da price need ta git its pimply ass thru the ROOF.  Right naw it only onna third flo' of what I will figuratively describe as 1 World Trade Center.  So if y'all folly that, we still gots along ass ways ta go.  I'm down fo' the suckcess of bitcoin, but I wants to enlarge my metaphorical wallet too.  Mmm hmm.
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January 05, 2017, 10:48:20 PM
 #26

Ahm in it ta win it like the muthafukkin Marlboro Man.  So da price need ta git its pimply ass thru the ROOF.  Right naw it only onna third flo' of what I will figuratively describe as 1 World Trade Center.  So if y'all folly that, we still gots along ass ways ta go.  I'm down fo' the suckcess of bitcoin, but I wants to enlarge my metaphorical wallet too.  Mmm hmm.

This cracks me up!!
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January 05, 2017, 11:07:10 PM
 #27

Ahm in it ta win it like the muthafukkin Marlboro Man.  So da price need ta git its pimply ass thru the ROOF.  Right naw it only onna third flo' of what I will figuratively describe as 1 World Trade Center.  So if y'all folly that, we still gots along ass ways ta go.  I'm down fo' the suckcess of bitcoin, but I wants to enlarge my metaphorical wallet too.  Mmm hmm.

This guy, lol.
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February 24, 2017, 09:35:48 AM
 #28

I also would not like 2000 dollar in February because of the fact that it would be too fast and than can easily crash too, not stable at all.

$2000 could be June or July.
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February 24, 2017, 09:47:29 AM
 #29

Quote
Is there anyone else on this forum who is solely interested in what is best for bitcoin and not necessarily just it's price going through the roof? I suppose if it's price does rise high that would be a good thing for bitcoin, but not always. If it shoots up too quickly because of hype or what have you it could collapse like it did before


it is a very good thing for bitcoin. It is what brought it so far.


Dont worry it will go through the roof as before. and it will correct as before. All the Fudders will appear again and scream look bitcoin crashed down to 3000 $ its dead. its inevitable.


If you dont like it why dont you just go for a quieter hobby.. collecting stamps for instance Cool
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February 25, 2017, 06:10:30 PM
 #30

I agree with the OP. It's too early. That's why I'm also happy that the hype stopped a bit and we are still under the old MtGox high of $1242, which according to my ATH poll is considered the "valid ATH" by a large part of the forum.

There are fundamentals we need to fix first - the most important one being the blocksize / scalability question. It is totally insane to have a FOMO rally now, when almost all newbies are having problems with transactions with a too low fee - the forum is already being flooded with threads about that.

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February 25, 2017, 07:35:24 PM
 #31

I agree with the OP. It's too early. That's why I'm also happy that the hype stopped a bit and we are still under the old MtGox high of $1242, which according to my ATH poll is considered the "valid ATH" by a large part of the forum.

There are fundamentals we need to fix first - the most important one being the blocksize / scalability question. It is totally insane to have a FOMO rally now, when almost all newbies are having problems with transactions with a too low fee - the forum is already being flooded with threads about that.

At this point the only thing that keeps me conservative is that there still isn't a single indication that we might see larger blocks become reality this year. If that will get sorted out, then there won't be anything holding Bitcoin back anymore in the coming years, assuming we don't go through another saga of "hacked" exchanges. Other than that, we can be proud of what we have achieved so far.
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February 25, 2017, 08:27:57 PM
 #32

Is there anyone else on this forum who is solely interested in what is best for bitcoin and not necessarily just it's price going through the roof? I suppose if it's price does rise high that would be a good thing for bitcoin, but not always. If it shoots up too quickly because of hype or what have you it could collapse like it did before. However I do believe that if the price crashes all the way back down like it did in 2013 it will only strengthen bitcoin even further, just like it did in 2013. However that doesn't mean that's what I'm hoping for.

I'm rooting for a slow and healthy climb like we've seen the past two years. I don't want to see a $2000 bitcoin by February, only to be followed by a $200 bitcoin in March. What are your guys' opinions? 

Only if the market cap bigger than just enough which cannot manipulated by the capital. Then, I consider $2000 in the nearly future or faster climb is necessary. Yes, slowly increasing but surely make people will not sell their bitcoin simultaneously and massively.
However, significant decrease will make traders sell out bitcoin obviously but it always happens in every rise, such as we are experiencing now after break $1200 point yesterday.
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February 25, 2017, 08:42:54 PM
 #33

He will go soon at 550$.

I do not think it will go down that far. We have a healthy support at 800 before the price pushed to over 1000. If it is going down, the bottom will be at 800 and above.
of course it won't those days are long gone and will never come back, I would even doubt that bitcoin can drop under one thousand dollar price, of course I am not saying it is impossible, but it is highly not likable to happen, bitcoin is really strong right now and it becomes only stronger with time as more and more people jump in, so let's use bitcoin as much as possible and give it the power that it deserves.




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February 25, 2017, 08:50:07 PM
 #34

Is there anyone else on this forum who is solely interested in what is best for bitcoin and not necessarily just it's price going through the roof? I suppose if it's price does rise high that would be a good thing for bitcoin, but not always. If it shoots up too quickly because of hype or what have you it could collapse like it did before. However I do believe that if the price crashes all the way back down like it did in 2013 it will only strengthen bitcoin even further, just like it did in 2013. However that doesn't mean that's what I'm hoping for.

I'm rooting for a slow and healthy climb like we've seen the past two years. I don't want to see a $2000 bitcoin by February, only to be followed by a $200 bitcoin in March. What are your guys' opinions? 

I understand what you say, but there is not problem if Bitcoin hits $2000 soon. The price will surely decrease very fast after this happen, but won't decrease so strong like in the past. We already have a solid base near $800-$900, and that is a good price to be.

Bitcoin can hit $2000, down again and rise again, the only thing I know is that Bitcoin won't lose its price because an event like you said.

 
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February 25, 2017, 08:51:56 PM
 #35

Well I think that it wont happen right now maybe next February,
But in this year it is pretty much impossible so you will definitely won't see it,

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February 25, 2017, 10:34:29 PM
 #36

Op's inner mind fears of price fall, which is the only reason that makes him to expect price increase by march and the price now is quite good without big fluctuations and moving similar to a gradual growth. If the price moves to $2000 in a short span the steeper variation happens which is not good for a healthy growth.

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February 25, 2017, 10:44:06 PM
 #37

It isn't going to look that way now. Embarrassed

Maybe next month when everything is going to be going bitcoin's way and the cash be dropping from the heavens.

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February 25, 2017, 10:57:40 PM
 #38

In my own speculation like other said there is no possibility that the price can be rise in that amount $2,000 this february..  and i think the movement of the price will be just the same as last year and the movement are just repeating in the little bit similar movements..
To take note we are still not reaching by this middle of the year that i think we will see again 1 hacked exchange site was down that can affect its value..

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February 25, 2017, 11:19:51 PM
 #39

In my own speculation like other said there is no possibility that the price can be rise in that amount $2,000 this february..  and i think the movement of the price will be just the same as last year and the movement are just repeating in the little bit similar movements..
To take note we are still not reaching by this middle of the year that i think we will see again 1 hacked exchange site was down that can affect its value..
Your answer is out of context because this thread was opened at the beginning of the year, when the price had just broken the $1000 mark with an important momentum. But now, when February is about to end, it seems almost impossible to see that high price in next days, but perhaps we could see an important correction instead.
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February 25, 2017, 11:25:40 PM
 #40

Is there anyone else on this forum who is solely interested in what is best for bitcoin and not necessarily just it's price going through the roof? I suppose if it's price does rise high that would be a good thing for bitcoin, but not always. If it shoots up too quickly because of hype or what have you it could collapse like it did before. However I do believe that if the price crashes all the way back down like it did in 2013 it will only strengthen bitcoin even further, just like it did in 2013. However that doesn't mean that's what I'm hoping for.

I'm rooting for a slow and healthy climb like we've seen the past two years. I don't want to see a $2000 bitcoin by February, only to be followed by a $200 bitcoin in March. What are your guys' opinions? 
You reflects my opinion also.A quick increase in price is not good for bitcoin.
Sudden high rise and fall makes it more unstable and people prefer to stay away.
This come as a great hurdle for btc becoming mainstream.
It also leave a lots of newbies in lose who buy seeing upward trend and lose their money as price fall and the sell out of panic.
I hope bitcoin price goes up gradually not quickly Smiley

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