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Author Topic: Give me an estimate on next breakout!  (Read 1415 times)
Red-Apple
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January 30, 2017, 03:19:15 PM
 #21

If a few individuals stop f**king around and reach a consensus about some serious changes in the code, because of a recent jump in hash rate and the never ending competition of miners, soon price will go over $1k.

it is not "a few" individuals! have you seen how hash rate is distributed lately? check it out there are lots of pools, farms and individuals involved who are mining and need to come to a consensus!

and since you are talking about chance in the code i am assuming you are talking about the block size debate, and even if consensus is reached price will rise, sure. but that is not adoption so don't expect much rise and don't expect it to last.

only real adoption, and new investors, new buyers, new services and merchants,... these things will raise the price and it is happening slowly as we can see these days.

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January 31, 2017, 10:54:29 AM
 #22

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.
Price is swinging between this range because of chinese trading platform implemented fees on trading which used to be zero fee before. Now whales don't like to spend from their pocket to pay fees and start bull run. However on long run price will keep on increasing and from now on it will be healthy growth without much manipulation like before.


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quake313
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January 31, 2017, 12:43:59 PM
 #23

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.
Price is swinging between this range because of chinese trading platform implemented fees on trading which used to be zero fee before. Now whales don't like to spend from their pocket to pay fees and start bull run. However on long run price will keep on increasing and from now on it will be healthy growth without much manipulation like before.

Just broke up +950$.
noormcs5
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February 02, 2017, 03:54:13 PM
 #24

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.
Price is swinging between this range because of chinese trading platform implemented fees on trading which used to be zero fee before. Now whales don't like to spend from their pocket to pay fees and start bull run. However on long run price will keep on increasing and from now on it will be healthy growth without much manipulation like before.

Just broke up +950$.

I could see 990$ on one of the exchange. We are getting close to $1000 and this gonna happen twice in 2 months time. This is a remarkable achievement and it shows the worth of bitcoins. Those who still doubt on bitcoin credibility should think twice.

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error08
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February 02, 2017, 04:26:52 PM
 #25

If a few individuals stop f**king around and reach a consensus about some serious changes in the code, because of a recent jump in hash rate and the never ending competition of miners, soon price will go over $1k.

it is not "a few" individuals! have you seen how hash rate is distributed lately? check it out there are lots of pools, farms and individuals involved who are mining and need to come to a consensus!

and since you are talking about chance in the code i am assuming you are talking about the block size debate, and even if consensus is reached price will rise, sure. but that is not adoption so don't expect much rise and don't expect it to last.

only real adoption, and new investors, new buyers, new services and merchants,... these things will raise the price and it is happening slowly as we can see these days.
But more real adopters and more merchants/services accept bitcoin will refers to transaction problem due to block size.
Those factors that could make the price slowly increases but more stable without any manipulation.
We're just heading to next breakout at $1000 in the next day.
novemberwoah
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February 02, 2017, 05:54:49 PM
 #26

these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.
Price is swinging between this range because of chinese trading platform implemented fees on trading which used to be zero fee before. Now whales don't like to spend from their pocket to pay fees and start bull run. However on long run price will keep on increasing and from now on it will be healthy growth without much manipulation like before.

Just broke up +950$.

I could see 990$ on one of the exchange. We are getting close to $1000 and this gonna happen twice in 2 months time. This is a remarkable achievement and it shows the worth of bitcoins. Those who still doubt on bitcoin credibility should think twice.
Now the price of bitcoin is getting approaching $ 1,000 and will soon approach. It will last until the next few days and the price will exceed $ 1,000. This increase in my opinion reasonable in bitcoin market because the percentage increase is not too big, and you correctly have to think twice to doubt bitcoin.
Febo
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February 03, 2017, 02:08:59 PM
 #27

If a few individuals stop f**king around and reach a consensus about some serious changes in the code, because of a recent jump in hash rate and the never ending competition of miners, soon price will go over $1k.

it is not "a few" individuals! have you seen how hash rate is distributed lately? check it out there are lots of pools, farms and individuals involved who are mining and need to come to a consensus!

and since you are talking about chance in the code i am assuming you are talking about the block size debate, and even if consensus is reached price will rise, sure. but that is not adoption so don't expect much rise and don't expect it to last.

only real adoption, and new investors, new buyers, new services and merchants,... these things will raise the price and it is happening slowly as we can see these days.
But more real adopters and more merchants/services accept bitcoin will refers to transaction problem due to block size.
Those factors that could make the price slowly increases but more stable without any manipulation.
We're just heading to next breakout at $1000 in the next day.


It seems this breakout is painfully slow. 1% a day.  If no corrections we will see $2000 BTC in 4 months time.  Maybe by December we will be on top of bubble.    Seems someone press slow motion on Bitcoin.

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talkbitcoin
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February 03, 2017, 02:49:08 PM
 #28

It seems this breakout is painfully slow. 1% a day.  If no corrections we will see $2000 BTC in 4 months time.  Maybe by December we will be on top of bubble.    Seems someone press slow motion on Bitcoin.

painfully? are you serious.
price is $1012 as i am typing this and yesterday it was $916 and that is already about $100 rise. i say that is even uncomfortably big.
and percentage wise, price went up 7.6% yesterday and another 3.4% today to the high of $1020
which part of this total 11% you are calling painfully slow?

next time please check a price chart and open a calculator and them post comments Cheesy














 

 

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