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Qartersa
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January 11, 2017, 02:38:03 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!
Like how long have you not been checking the bitcoin prices? If you bought it in 2015 then you profited more than 200%. If in 2016 then around 100%. Depending when you bought it. Good for you man, congrats on holding those coins. We all hope the prices jump back to $1,000 levels so that our bitcoins can get more in terms of fiat. |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Arcteryx
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January 11, 2017, 04:49:00 AM |
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If it keeps dipping back below $900 again then it is hard to say if it will reach beyond $1300 anytime soon because it is having a hard time right now just keeping itself above where it is now.
This going up and down at that price is really nerve racking for those that are on the fence to hold or to sell.
Now if it was closer to that market cap. Then I would be in the positive to be in favor of saying that it will because it is closer to the $1000 barrier that is just a mental constraint to most that watch the price as shown last week in the media. Just look at the headlines in your local newspaper and news report on tv and you will see what I am talking about. I think even Time magazine was going to have bitcoin featured on their cover for this month.
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iTradeChips
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January 11, 2017, 04:54:57 AM |
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if this $900-1000 is the new floor for bitcoin, and considering the volatility of this coin then its not hard to imagine $1300 being reached anytime later this year. it may or may not happen. but if i were to bet on it i think it will happen this 2017.
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tifossi
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January 11, 2017, 04:56:24 AM |
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On my opinion: everything can happen. It can fall under $700 or can go over 1100 within a month or two. The year is long so it's not impossible to hit $1300. But this is not in my hand or your hand.
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Golftech
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January 11, 2017, 04:58:48 AM |
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If it keeps dipping back below $900 again then it is hard to say if it will reach beyond $1300 anytime soon because it is having a hard time right now just keeping itself above where it is now.
This going up and down at that price is really nerve racking for those that are on the fence to hold or to sell.
Now if it was closer to that market cap. Then I would be in the positive to be in favor of saying that it will because it is closer to the $1000 barrier that is just a mental constraint to most that watch the price as shown last week in the media. Just look at the headlines in your local newspaper and news report on tv and you will see what I am talking about. I think even Time magazine was going to have bitcoin featured on their cover for this month.
yeah that's right mate if the price resist to 1K $ barrier the possibility to exceed the price as we all knew that more and more people notice the movement of this currency and its really getting much attention as you mention maybe time will come that more exposure will be showed up and investor coming from different nations will support the project as well, lets all continue supporting and believing that bitcoin will be the future currency online. |
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pealr12
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January 11, 2017, 06:30:48 AM |
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Just wondering what everyone thinks.
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
Bitcoin nearly break the ath this month. And Becuase of some reasons bitcoin not break ath. And has been stable at 800 tp 900$ price. But im sure months will past and we will get that ath within this year. |
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shield132
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January 11, 2017, 06:39:05 AM |
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Last previous weeks showed us that it's nothing for bitcoin to exceed prices that we can't imagine. It changed from 750 usd to 1000$ in days so now many factors like not profitable mining and people's interest in bitcoin, to my mind will cause that in result we will see new record of bitcoin's price. Of course it will happen suddenly as it happened in another situations.
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shine1123
Sr. Member
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Activity: 490
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January 11, 2017, 07:23:55 AM |
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By looking at the current price right now, i don't think the price of bitcoin will reach $1300 in the near future. As you can see the price is not going up again because the last 5 days the bitcoins price dropped so hard. Maybe it can reach when the next christmas or on Chinese New year.
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SHAWN-MIDWAYS
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January 11, 2017, 08:43:40 AM |
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I believe the bitcoin price will always pull away from the $1300 as the whales and holders including traders all just want to dump their coins for a quick profit whenever bitcoins gain value and I do not anticipate the price to go that high for now.
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Rachelin
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Activity: 15
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January 11, 2017, 08:49:48 AM |
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Just wondering what everyone thinks.
We should keep in mind that the last all time high happened due to the Mt.Gox scenario (Google that if you weren't around at that time) whereas this current activity is, as far as we can tell unrelated to any foul play and is actually legitimate due to the current situations happening around the world.
Personally I believe the main contributors to this this high are India (the uncertainty in fiat created from the govt abolishing all 500 and 1000 rupee notes in November) and China (you are only allowed to send $50,000 per year out of the country, now it's the new year a good amount of them are putting that into bitcoin via legal methods). If you look at volume/price graphs, it seems to correlate.
It's likely that this pump has brought in a lot of new adopters, so I think it's pretty unlikely we'll ever see the $600 range anytime soon if ever again. Personally I think the $800-1000 range is stable, but am expecting more craziness to happen before then (at least I hope).
What do you guys think?
That's correct, guy. I still believe in bitcoin. Many new investors from China, India, Venezuela and some other southeast asia countries have joined the bitcoin community and it has boosted the bitcoin price higher . I expect bitcoin can reach at least 1,200$ in this year or more. |
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Herbert2020
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January 11, 2017, 09:24:39 AM |
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I believe the bitcoin price will always pull away from the $1300 as the whales and holders including traders all just want to dump their coins for a quick profit whenever bitcoins gain value and I do not anticipate the price to go that high for now.
all the whales and holders who wanted to sell, sold their coins when price was $1150 without any untrained eyes even noticing then when they were done taking profit the dump came and then weak hands joined in pushing the price down. now is the time where all the whales and holders are once again without any untrained eyes even noticing are buying bitcoin when prices are stable. |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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Qartersa
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January 12, 2017, 05:35:37 AM |
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Also I get the gut feeling the last 2 posters are might be fake accounts setup by people that that KNOW it's about to crash, or just some poor bastard who bought in high and wants it to go back there asap. Look at the posts: 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.
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!! Just feels like these were wrote by the same person to me. Maybe time to sell?  Oh this is just lovely. Last night before I went to bed I sold all what I have on the books. Just bought in half at $850, all because of those shill posters. Probably puppet accounts of the group doing the dumping? No idea something just seemed fishy, weird new accounts writing 1 liners about buying all around the forum. Thanks for the heads up!  TIME TO SELL PEOPLE. Tempted to deposit more fiat incase we break below $800 in the next couple days. Yumyum. In terms of 2017 though, I still believe we will reach a new ATH. Look at the history of what happens to Bitcoin after a massive media-induced buying frenzy. It crashes. Ignore the ATH of 2014 because that was a shambles involving the most popular exchange and caused a lot of uncertainty (which was good because now we're spread between a variety of exchanges). Who knows where the floor could be right now? If we break through $800 we could end up in the 600-700 range again. All I know, is the floor hits, we'll be back to steady gains. Hopefully not too steady , I like this action for a change... I ignored Bitcoin (active trading at least) for most of 2016 due to a lack of it. The price now is indeed lovely! The price just went below $800 and looks like it's dropping some more. We might even see $600 range. I predicted that it would drop, but not this early. I didn't even had the chance to sell at the all time high we had a few days back and not the prices is really low! I'm preparing money to buy at $600 range if it does go there. |
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yonton
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January 12, 2017, 05:52:04 AM |
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If bitcoin can drop 400 in a few days than why would it take 1-3 years to get to 1300? It could very possibly get to 1300 in a month and 3000 by the end of the year. You never know what might happen.
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Qartersa
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January 12, 2017, 06:08:45 AM |
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If bitcoin can drop 400 in a few days than why would it take 1-3 years to get to 1300? It could very possibly get to 1300 in a month and 3000 by the end of the year. You never know what might happen.
Have you seen how long bitcoin got to $1,100 after it crashed before from $1,000 levels? Took a hell long time! It took it three whole years after it crashed in 2014 at the price of $1,000, before it reached $1,000 again. So if it does drop by $400, it can drop some more and will just slowly rise up again like last time. That's a big possibility again. |
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yonton
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January 12, 2017, 06:18:41 AM |
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It also blasted from 790 to 1150 in two weeks (dec21-jan4) so it can go up quickly to. Does it have to end the same as 2013? We can't always expect history to repeat itself.
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ASHLIUSZ
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January 12, 2017, 12:29:00 PM |
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It also blasted from 790 to 1150 in two weeks (dec21-jan4) so it can go up quickly to. Does it have to end the same as 2013? We can't always expect history to repeat itself.
Everything works as a cycle, so anything could happen. So even the history could repeat. On this basis I believe the price movement won't happen as from $750 - $1150 in the near future. Only a sustained growth could lead us to the peak increase, fo which we need to wait with patience and support for adoption. |
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kryptqnick
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January 12, 2017, 04:44:14 PM |
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I hope you are right and btc won't drop even more than now ($800) but I think it can drop to something like $600 in a month or so. As you said, there are many newbies now and they might have bought some btc before and sell in panic now. Panic selling can lead even calm people to some irrational actions... At least I'm sure the price won't be $1300 any time soon, because now it is just dropping. Bitcoin is still too unstable to keep its price that high.
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Nikensen
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January 12, 2017, 04:51:10 PM |
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Yes, it will. Look at the chart you can see how high bitcoin will be in this year? I believe it will hit over 1,500$ in this year.
Now it's testing at the bottom line 750$- 800$ and it can break this price in this month and will hit 950$-1,000$ in this month.
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yonton
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January 12, 2017, 05:08:43 PM |
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It will definitely hit 1500 this year. Most likely much higher!
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SmartIphone
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January 12, 2017, 10:45:20 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. Well not all people are like this or think similar, I'm not saying that bitcoin will not get a higher price very soon. I will not be surprised if the bitcoin price will be 1.3k this month but It will be hard to be achieved but it has the potential. |
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