Yuuto
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January 08, 2017, 11:09:05 PM |
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Well we have just encountered a small setback over bthe past few days but the price has settled at around $900 again with sideways movements. Currently not much is going on but i think that it is only a matter of time before $1k became the new floor.
All time high of $1300 should be broken in my opinion quite easily. Obviously we've seen some resistance at $1200 but that is just this time.
It's just a matter of time before that ATH is broken.
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SmartIphone
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January 08, 2017, 11:25:36 PM |
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With the recent crash I am not optimistic that bitcoin will reach the $1,300 this month. The recent panic of selling made many people not trust bitcoin as much as they were trusting before its crash. I'm not saying that the price is low but it's a bit far from the target of $1.3k
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btcdiggingmaster
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January 09, 2017, 10:59:55 AM |
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there are big chances that it will move to 1300$ price fluctuation are common in trading, bitcoin has strong stability which move further because at the same time those who are doing mining will exchange bitcoin for fiat money, some it may cause the down fall the price.But this year surely it will touch 1300$ mark.
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Red-Apple
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January 09, 2017, 12:56:26 PM |
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With the recent crash I am not optimistic that bitcoin will reach the $1,300 this month. The recent panic of selling made many people not trust bitcoin as much as they were trusting before its crash. I'm not saying that the price is low but it's a bit far from the target of $1.3k
people who think this way are better stay away from bitcoin and investing in it. because someone who is incapable of seeing what potential bitcoin has is not going to change his mind and will continue panicking. also someone who thinks like this is also incapable of looking at a chart of the last month or last years in other words he is another newbie with no idea what trading is.
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--signature space for rent; sent PM--
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n0ne
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January 09, 2017, 03:06:25 PM |
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2017 doesn't look to be the year to give the all time high price than the past. Even if the price goes high too the price won't sustain, it falls in a short same as the past. The price might cross the quoted $1300 by the year end or by the upcoming year start, similar to that we experienced recently. Lot more adoption is required to reach the expected price and sustain for a long time period. Lets hope everything will be better this year.
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Qartersa
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January 09, 2017, 03:18:24 PM |
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I think it will. We just all have to wait for some time this year. But it will, I don't think there is any reason why bitcoins will drop lower than $800 any more. So I think it will still reach the $1,300 level. Probably this year or maybe next year. I think next year would still count as near future anyway.
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electronicash
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January 09, 2017, 03:34:13 PM |
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it seem to be moving up still. it may not reach 1.300 but it won't take much time. btc will be more than 1000usd before the year end.
people we disappointed late year when it hit 700 and goes back to 500 but they were regretting this time. one of them invested 65btc so he could have gotten a lot if he just keep it.
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Kemarit
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January 09, 2017, 03:35:54 PM |
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Bitcoin will not exceed its all time high in the near future in my opinion. It can't even exceed it's all time high now but the last price rise was good. Maybe in the far future, after the last bitcoin halving, it will have a value more than 1300$ but after that it will be unpredictable and it might be replaced by a new crypto-currency maybe not. Also I think many people must have stopped mining by that time since it is not profitable after that.
Halving is one potential factor for its value. It may or may not rise after a next halving. It you may recall during the last halving, a lot of people has predicted that the value will declined but it didn't happened.
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Qartersa
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January 10, 2017, 04:44:55 AM |
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Bitcoin will not exceed its all time high in the near future in my opinion. It can't even exceed it's all time high now but the last price rise was good. Maybe in the far future, after the last bitcoin halving, it will have a value more than 1300$ but after that it will be unpredictable and it might be replaced by a new crypto-currency maybe not. Also I think many people must have stopped mining by that time since it is not profitable after that.
Halving is one potential factor for its value. It may or may not rise after a next halving. It you may recall during the last halving, a lot of people has predicted that the value will declined but it didn't happened. It actually boosted the prices by way a lot and that really increased the number of people still buying but the supply was declining as the halving really halved the supply being generated by miners. That event never decreased the priced of bitcoin. What decreased it, after a few days, was the "hacking" event in bitfinex which I don't think was true.
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pooya87
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January 10, 2017, 05:46:55 AM |
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it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXXGAc1g.jpg&t=665&c=iTTnPwtMfRzxew)
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Qartersa
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January 10, 2017, 06:32:27 AM |
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it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017
[img ]https://i.imgur.com/XXGAc1g.jpg[/img]
That would be a relief to see if we do well similar to 2016's progress. Doubling the price in a year would really be an idea situation but at these prices I am skeptical to see it double again for this year. Probably a 50% increase is much more plausible than seeing it double again for this year. Still, high hopes up!
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iamnotback
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January 10, 2017, 06:53:39 AM |
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it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017
[img ]https://i.imgur.com/XXGAc1g.jpg[/img]
That would be a relief to see if we do well similar to 2016's progress. Doubling the price in a year would really be an idea situation but at these prices I am skeptical to see it double again for this year. Probably a 50% increase is much more plausible than seeing it double again for this year. Still, high hopes up! The chart appears to show the price is accelerating as it did in 2013. Although the price could languish for a while, a doubling for the year may be too conservative.
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Qartersa
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January 10, 2017, 09:13:19 AM |
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it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017
[img ]https://i.imgur.com/XXGAc1g.jpg[/img]
That would be a relief to see if we do well similar to 2016's progress. Doubling the price in a year would really be an idea situation but at these prices I am skeptical to see it double again for this year. Probably a 50% increase is much more plausible than seeing it double again for this year. Still, high hopes up! The chart appears to show the price is accelerating as it did in 2013. Although the price could languish for a while, a doubling for the year may be too conservative. I hope that would be true. But we all must bare in mind that a lot of whales are just waiting to cash out and that would flood the system with more bitcoins hence removing the higher demand than supply we currently have for bitcoins. If there would be an influx of more bitcoins everybody will have a easier time getting some because it is less scarce than before.
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Denker
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January 10, 2017, 10:51:25 AM |
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it is too soon to say anything for sure but for the time being it seems like we are seeing another stable price shaping around $900 after the highly volatile price for only 2-3 days and this can be a good accumulation phase and i am hopeful to see the same price rise like the whole years of 2015 and 2016. and if it happens we can see $1300 mid 2017 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXXGAc1g.jpg&t=665&c=iTTnPwtMfRzxew) I agree.Looks like we build a new support level which will be used by the smart guys as another accumulation phase before moving up again. Therefore it's worth to have a look at the following thread...
https://bitcointalk.org/index.php?topic=1498855.msg17440001#msg17440001
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffs5.directupload.net%2Fimages%2F170110%2Faa9behiw.png&t=665&c=KFnG9WypZBydFQ)
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Dammitt
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January 10, 2017, 11:27:34 AM |
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He can see $ 1,300 by the end of the year, but he's showing resistance right now in this band. In short, maybe $ 900. It's too early to talk right now. If you continue to hold on to this level, you can go uphill again in the next month and try to stay in that resistance.
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BitFinnese
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January 10, 2017, 11:51:27 AM |
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I guess it is too early to say that Bitcoin won't reach its new ATH this 2017, as we can see bitcoin is currently stable at around $880 - $940 range. I think $1300 is achievable around or before mid year. There are lots of updates in line after segwit implementation. This might give a boost. Aside from that people are adopting bitcoin, fresh money is still coming to bitcoin and many are holding till the next uptrend of Bitcoin.
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uhoh
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January 10, 2017, 11:59:47 AM |
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Next milestone will be March 11th, if the ETF gets accepted then its obviously going to rally... but if it gets denied after all this time....
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Ducksun
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January 10, 2017, 04:46:27 PM |
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Yes I think we can count on that for sure, the fact is that 1300 dollar is reachable this year and that it can even reach an higher amount for sure.
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BrandonFever
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January 10, 2017, 05:22:04 PM |
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Yes I think we can count on that for sure, the fact is that 1300 dollar is reachable this year and that it can even reach an higher amount for sure.
Cannot agree more, this year it can happen if it will continue grow like this there is a possibility that this will happen for sure!!
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The End Is Neigh
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January 11, 2017, 02:30:42 AM |
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Wow I didn't check for quite a while and my bitcoins have been doing great. I'm hoping for a new all time high mid 2017 or sooner!
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