I don't want a $2,000 bitcoin by February

[Seansky]

Right now we can see the price increasing gradually but not to fast. I think it was really good and I agree with OP, I too don't want to see a sudden rise in bitcoin just to see a few days later that it's price is dumped a lot. I like the way the price moves in the current movements since it looks kinda healthy, not like those that happened way back 2013, a manipulated one I guess. I  also hope we will see the new floor price soon too.

[LLec]

But really what would be the difference between an ETF and a hedge fund dedicated to bitcoin?
Aren't they essentially the same thing when it comes down to it?
I am new to the whole funds game and got interested into it later when i heard about this ETF approval date is fast approaching.

[_nur]

do you not look at the chart? the bulls are back now

[yeezred]

But really what would be the difference between an ETF and a hedge fund dedicated to bitcoin?
Aren't they essentially the same thing when it comes down to it?
I am new to the whole funds game and got interested into it later when i heard about this ETF approval date is fast approaching.

An ETF is a collection of stocks or commodities that trades on the stock market. In this case, the ETF would track the bitcoin price and will allow ANYONE with a broker to purchase the ETF.

A hedge fund is a specialized private fund that invests in a variety of financial instruments. Unless the hedge fund is public and thus has a stock, you wouldn't be able to invest in it unless you had millions of dollars.

[puremage111]

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? 

$2000 is possible but not in this few months, near to Q4 of 2017 when the price able to stay consistent within $1.5k mark, we could expect at december of 2017, a 30-50% gain which would be approx $1.8k ~ $2k but tbh, $2000 for a bitcoin seems to be more than its intrinsic value as a digital coin imo

[xIIImaL]

do you not look at the chart? the bulls are back now

Yeah price is 1158$ now. Hope everyone is enjoying it value is moving to next peak i think but not sure. How long this value reached to this year. This 2000$ expectation will be fulfill on upcoming halving only as it happen like last year halving.

[X-ray]

do you not look at the chart? the bulls are back now

Yeah price is 1158$ now. Hope everyone is enjoying it value is moving to next peak i think but not sure. How long this value reached to this year. This 2000$ expectation will be fulfill on upcoming halving only as it happen like last year halving.

I guess the approval of bitcoin etf will never bring the bitcoin toward $2000. and the maximum price of bitcoin is $1500 if the SEC already approved bitcoin to sign in the US. Let see what will be doing by the market.

[gilangIDR]

do you not look at the chart? the bulls are back now

Yeah price is 1158$ now. Hope everyone is enjoying it value is moving to next peak i think but not sure. How long this value reached to this year. This 2000$ expectation will be fulfill on upcoming halving only as it happen like last year halving.

there are still a few more days to see an increase in the price of bitcoin. bitcoin currently have a movement that tends to be positive. we'll see if at the end of February this bitcoin prices could reach 1200 USD or not.

[senyorito123]

do you not look at the chart? the bulls are back now

Yeah price is 1158$ now. Hope everyone is enjoying it value is moving to next peak i think but not sure. How long this value reached to this year. This 2000$ expectation will be fulfill on upcoming halving only as it happen like last year halving.

there are still a few more days to see an increase in the price of bitcoin. bitcoin currently have a movement that tends to be positive. we'll see if at the end of February this bitcoin prices could reach 1200 USD or not.

thats 2 days left and i doubt 1200$ will achive at the end of month since as i've monitored the price this morning i've seen that the price is just playing for current price and its flactuation is only good for short trade at this moment. And maybe the 1200$ will be achieve on march since i believe the adoption of bitcoins will continously grow on each months passes by.

[adidas]

February is almost over and the price is just down the 1200 dollars mark. It is impossible judging by the trend of the price in February that the price of bitcoin will reach 2000 dollars within February. I doubt it will even in March.

[iqlimasyadiqa]

February is almost over and the price is just down the 1200 dollars mark. It is impossible judging by the trend of the price in February that the price of bitcoin will reach 2000 dollars within February. I doubt it will even in March.

I agree with you . 2000USD too high for the benchmark at the end of february. some news reports also stated that there has not been a great sentiment that could change the price of bitcoin is signifcant.

[SimonJones]

When everyone expects the price to go up, it will go down or stay without moving. That's how it works.

[d5000]

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.

At least, at this moment, the Segwit adoption is slowly increasing. Although that small rise from 23-24% to 25-26% might not be even statistically significant, it gives me a little bit of hope. Also, Bitcoin Unlimited adoption is falling, so miners may be soon convinced that Segwit is actually the sole option to get more transaction capacity.

I think it 50% of Segwit adoption is reached then we can hope for a definitive solution given that Roger Ver has announced a couple of weeks ago that he would support Segwit if the majority is supporting it.

With the current rhythm of adoption growth we can expect 50% in 2-3 months. Then I consider it valid to expect a new bull run.

[Babayega31]

If we have that $2000 by february that would I guess it will be a better profit for everyone and more will be selling their bitcoin unless some of them will not because of confusions. But if when that $2000 will hit the top it will fluctuate lower, and give chances to others who didn't upon reaching that higher price for the first time.

[angaper]

When everyone expects the price to go up, it will go down or stay without moving. That's how it works.

"Sell the rumor, buy the fact", it is a well known rule in financial markets, but it seems the bitcoin market is broken all these old rules, so perhaps this is not applicable for bitcoin too.

[BitDane]

When everyone expects the price to go up, it will go down or stay without moving. That's how it works.

"Sell the rumor, buy the fact", it is a well known rule in financial markets, but it seems the bitcoin market is broken all these old rules, so perhaps this is not applicable for bitcoin too.

LOl actually it is not only bitcoin but the whole cryptocurrency.  what would we expect?  Well, about the price up and down, I think as long as the market is unsaturated, the price will continually to increase.  So for now, since Bitcoin market is greatly unsaturated, we can expect bitcoin to continuously rise, there maybe some dip but eventually it will go rise again until its market reach the full saturation level.

[ngocbkcse]

When everyone expects the price to go up, it will go down or stay without moving. That's how it works.

It's so early in the bitcoin journey, and a few twists and turns here and there can't possibly tell us where it's going. If you've taken the plunge, stick to your guns and follow it all the way through until the end game is clear. This isn't in terms of weeks or months, but years, and I'm betting those of us who stick with it will not regret it!

[Zadicar]

$2k on february? Its not possible and now we are close to an end for this month and we are still on $1100+ price of bitcoin.These assumptions and speculations arent realistic to consider since they are too high and cant be reach on a short period of time of this year.

[Slark]

If ETF will get stamp of approval from SEC then it will be that organic growth and natural progress Op is talking about.
We have to remember that bitcoin is widely under priced according to experts, blockchain potential as the biggest and widely distributed database is underrated.
It is bitcoin users who don't belive that bitcoin is more valuable and are hindering price progression. We should have reach $2k long time ago.

[Schuyler]

Anything above $1200 by this month’s end is asking too much, in my opinion. What I look forward to more is the effect of the SEC decision whether to approve or deny the ETFs this second week of March.  That is why I am still in a wait and see approach and if ever that brings the prices higher, I am just going to wait for $1500 before letting go of some bitcoins.