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Author Topic: 1000$ rally tomorrow  (Read 4072 times)
lumeire
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January 21, 2017, 08:21:08 AM
 #41

At the end, the Trump inauguration day was one of the most boring days of 2017 for the Bitcoin price. It is possible that this is a bearish sign for the short term.

Why? Because as we saw in this forum, some people had speculated with a price increase for BTC only because of Trump's inauguration. If they are disappointed of the real price evolution (about -0,6% down until now) , they could sell and send the price again into the 730-820 region we just escaped.

Well it's not over yet, we don't even know what regulations his administration plans with regards to digital currencies.

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January 21, 2017, 10:01:34 PM
 #42

OK, at least for the short term I was wrong - there was no sell-off yesterday and today. The price even increased a bit. I don't think it has much to do with Trump though. Instead, I think the increase is due to technical reasons (if my analysis is right, there was a bullish triangle just closing today).

@lumeire, you are totally right, but in this thread we were talking about the very short term consequences of Trump's inauguration. There weren't any, until now. In the long term, I think Trump is bearish because he adheres to protectionism, and that could be the reason for a more restrictive regulation in the US regarding digital currencies.

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January 23, 2017, 01:23:55 AM
 #43

OK, at least for the short term I was wrong - there was no sell-off yesterday and today. The price even increased a bit. I don't think it has much to do with Trump though. Instead, I think the increase is due to technical reasons (if my analysis is right, there was a bullish triangle just closing today).

@lumeire, you are totally right, but in this thread we were talking about the very short term consequences of Trump's inauguration. There weren't any, until now. In the long term, I think Trump is bearish because he adheres to protectionism, and that could be the reason for a more restrictive regulation in the US regarding digital currencies.
Trumps tweets get more media attention then what happened during that day.
He is a bear person so do not expect the price to skyrocket. It is increasing now only because arramageddon didn't happen when he got sworn on the bible and the world is still here. So there is some relief and growing positivity for hope of a happier time in the world.
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January 23, 2017, 09:30:30 AM
 #44

Not sure if Trump will have as big of an impact on BTC as you think..

Even i am also thinking the same i don't think Trump Presidential inauguration will influence on bitcoin, may be sudden pump and dump. If bitcoin belongs to USA than we can able to see there is increase in the price.

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January 23, 2017, 10:11:42 AM
 #45

The price increased a bit but yesterday, there were no pumps to 1000$ that are expected to happen by OP. Guess trump's inauguration day is yet another ordinary day for the crypto world and also to the price of bitcoin. It might have a good effect on bitcoin for long term bitcoin price though but for short term we can clearly say it does not bring it bad effect and neither good effect.


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January 23, 2017, 10:43:36 AM
 #46

The price increased a bit but yesterday, there were no pumps to 1000$ that are expected to happen by OP. Guess trump's inauguration day is yet another ordinary day for the crypto world and also to the price of bitcoin. It might have a good effect on bitcoin for long term bitcoin price though but for short term we can clearly say it does not bring it bad effect and neither good effect.
Expectations of OP had just  failed because we didnt even touch the $1k price again on bitcoin but im still glad that it somehow bumps it price and reach again $900+ again and now its stabilize on that pricepoint.We are still hoping for the price increase and the best thing to do now is to wait on that right time Smiley

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January 23, 2017, 03:46:38 PM
 #47

Okay, so what now op. Where is the rally that you are saying? Its already 23 of January. I'd rather choose a slow movement of price rather than moving up so quick.


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January 23, 2017, 04:00:02 PM
 #48

Okay, so what now op. Where is the rally that you are saying? Its already 23 of January. I'd rather choose a slow movement of price rather than moving up so quick.

Okay the rally didn't happen, but the fact that we didn't crash is already a success. We are holding strong at 920$, only 80$ up to go.

Now we only need something like segwit to give us an additional push, but idiot miners still didn't learn the lesson.

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January 23, 2017, 04:03:20 PM
 #49

I think tomorrow with the Trump thing we may see a rally. It looks like the chinese crap is no longer able to crush the market anymore, so now they will try to pump instead of shorting. The Trump inauguration seems like a good psychological point to press for a bigger price. Make your bets. It may dip but I don't care, that's my prediction.
Nothing happen with Trump's inauguration. Just like I expected. One more prove that politic in the US has nothing with bitcoin. Only we are, bitcoin users, make effect on the price for bitcoin and nothing and nobody else.
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January 23, 2017, 04:52:58 PM
 #50

Well, then I also would hope so. if trump really can make bitcoin be better, I think it can be started from the price of bitcoin. Well, I do not know this price increase occurred because of it or not, but if it is something good, then I will expect it.  Grin

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January 23, 2017, 08:16:50 PM
 #51

I think tomorrow with the Trump thing we may see a rally. It looks like the chinese crap is no longer able to crush the market anymore, so now they will try to pump instead of shorting. The Trump inauguration seems like a good psychological point to press for a bigger price. Make your bets. It may dip but I don't care, that's my prediction.
Nothing happen with Trump's inauguration. Just like I expected. One more prove that politic in the US has nothing with bitcoin. Only we are, bitcoin users, make effect on the price for bitcoin and nothing and nobody else.

At least the price now is 900+. I do not know if the inauguration has something to do with it but it started it way up during the inauguration. It did not rally as expected but that it is still good price increase.

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January 26, 2017, 10:21:23 PM
 #52

The $1000 target is not far from the current price but besides Trump I think that also Chinese exchanges have a high potential to change/affect the price
I don't think that Trump inauguration yesterday could instantly change bitcoin price.
We don't know for sure what kind of economics policies that will be release regarding to bitcoin development.
On the other hand, Chinese people still have big influence to bitcoin market as long as they possess so much btc.
The price still fluctuate and seems hardly to get up and pass $950 right now.

It's been a week and the price stayed at the same stage as it was but I don't think that Trump can do something so fast that could destroy a very successful industry which is increasing maybe the economy of the lots of people in the world. The target of $1000 is not far it is only +10% of the actual price which can be pumped within a day or two.


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January 26, 2017, 10:46:16 PM
 #53

It's a bit early to say but i think we are going to be in the 1000 dollars by next week. I'm no expert but if China goes steady and up after introducing fees and ditching the fake leverage volume then this should be a strong sign.

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January 26, 2017, 11:51:27 PM
 #54

I think tomorrow with the Trump thing we may see a rally. It looks like the chinese crap is no longer able to crush the market anymore, so now they will try to pump instead of shorting. The Trump inauguration seems like a good psychological point to press for a bigger price. Make your bets. It may dip but I don't care, that's my prediction.
I'm not sure if Trump inauguration few days ago will give so much effect to bitcoin market if there's no any economics policy issued regarding bitcoin or push investors to invest on bitcoin. But, bitcoin will increase for sure and I bet we will back to $1000 in the next month as we could see the price fluctuate but always persist to $900 and slowly rises.


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January 27, 2017, 02:54:56 AM
 #55

The notion tomorrow is long time , I pessimistic that bitcoin can reach $1,000 until last January. It looks stagnant price movements, one day up and then one day down. Usually, the beginning of the year the price of the bitcoin is always stable, the speculators have not been much intervention so the price like a straight line.
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January 27, 2017, 03:30:31 AM
 #56

The notion tomorrow is long time , I pessimistic that bitcoin can reach $1,000 until last January. It looks stagnant price movements, one day up and then one day down. Usually, the beginning of the year the price of the bitcoin is always stable, the speculators have not been much intervention so the price like a straight line.
Historically beginning of the year was period when big dumps were happening. It was far from being a stable time for bitcoin.
The rest of your post is so blurry that I can't tell what you wanted to say, it is not coherent at all.
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January 27, 2017, 07:22:48 AM
 #57

well its awesome how bitcoin price is pumping so fast its being dump this past few days but now its pumping again maybe the bigwhales having a good income thats why they're investing all their money on bitcoin and thats the reason why its pumping. thanks to those bigwales .

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xIIImaL
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January 27, 2017, 12:17:37 PM
 #58

The notion tomorrow is long time , I pessimistic that bitcoin can reach $1,000 until last January. It looks stagnant price movements, one day up and then one day down. Usually, the beginning of the year the price of the bitcoin is always stable, the speculators have not been much intervention so the price like a straight line.

Nope bitcoin is not stable all the time. It is volatile only. We can see that recent days bitcoins value in raising face and crossed the 900$. If we wish to reach 1000$ or more than that we have to wait till the this year Christmas.



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icecube45
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January 28, 2017, 07:03:28 AM
 #59

The notion tomorrow is long time , I pessimistic that bitcoin can reach $1,000 until last January. It looks stagnant price movements, one day up and then one day down. Usually, the beginning of the year the price of the bitcoin is always stable, the speculators have not been much intervention so the price like a straight line.

Nope bitcoin is not stable all the time. It is volatile only. We can see that recent days bitcoins value in raising face and crossed the 900$. If we wish to reach 1000$ or more than that we have to wait till the this year Christmas.
I think we do not need to wait until Christmas and I think it was very long. Price $ 1,000 will definitely be achieved between March-August later because bitcoin prices now still close so it will be very easy to reach it, but it will take time but it is not that long in my opinion. We must also be sure that by now many factors that make bitcoin prices rise well.
talkbitcoin
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January 28, 2017, 11:13:48 AM
 #60

The notion tomorrow is long time , I pessimistic that bitcoin can reach $1,000 until last January. It looks stagnant price movements, one day up and then one day down. Usually, the beginning of the year the price of the bitcoin is always stable, the speculators have not been much intervention so the price like a straight line.

Nope bitcoin is not stable all the time. It is volatile only. We can see that recent days bitcoins value in raising face and crossed the 900$. If we wish to reach 1000$ or more than that we have to wait till the this year Christmas.

if you change your definition of stable price for bitcoin because it is different for bitcoin, then you can see that price of bitcoin is actually stable and the changes are because of the way this market is and how small it is. and right now we are seeing a stability phase.
and i believe that the price will start slowly rising soon, just like before because we are back at the same routine of accumulating at stable low prices and then big ass raise.














 

 

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