mtwelve (OP)
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February 02, 2017, 03:18:02 PM |
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Or are we just going to reach the current ATH at around $1160? What are you guys thinking? I've seen $1025 thrown around alot as a target for a pull back.
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jaberwock
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February 02, 2017, 03:36:40 PM |
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One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time
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mtwelve (OP)
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February 02, 2017, 03:45:59 PM |
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One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time
A lot of people don't consider Gox ATH a true ATH due to the illiquidity... but yeah that's what I'm asking. $1300 and above is inevitable, I'm just wondering if you think it will be briefly after we break $1000.
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richardsNY
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February 02, 2017, 04:22:17 PM |
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One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time
Gox's ATH doesn't hold much value since people had no way to cash out money, nor their coins. It was just people recklessly buying up the price in a YOLO manner. That's why we just need to focus on Bitstamp's ATH. But then again, I prefer to see a slower but more steady growth than all the peaks we have been seeing. None of these peaks have lasted long as the price was dumped down again due to FUD and other stuff.
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BrewMaster
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February 02, 2017, 04:37:01 PM |
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Or are we just going to reach the current ATH at around $1160? What are you guys thinking? I've seen $1025 thrown around alot as a target for a pull back.
it is hard to talk about the ATH at this point, the buy support seems to be good right now and we have been rising with a good speed. on top of that around $920 had a decent amount of time, and that helped with the accumulation. however we still need to see above $1000 and how supports are going to be then, to give any opinion about the future. i myself expect 1050 and then playing around above $1000 for a while before the ATH to have another nice shake out.
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There is a FOMO brewing...
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manselr
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February 02, 2017, 05:00:38 PM |
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One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time
Gox's ATH doesn't hold much value since people had no way to cash out money, nor their coins. It was just people recklessly buying up the price in a YOLO manner. That's why we just need to focus on Bitstamp's ATH. But then again, I prefer to see a slower but more steady growth than all the peaks we have been seeing. None of these peaks have lasted long as the price was dumped down again due to FUD and other stuff. Indeed, but like it or not, it makes the graph look ugly, we must destroy that fake ATH. Once we get an ATH now, it will be with real volume, no fake Gox, no fake chinese gamblers, now it's the real deal and we are so damn close. Once we get the new ATH in the current scenario then we'll shoot to the sky since it will be a total consolidation.
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mtwelve (OP)
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February 02, 2017, 05:37:02 PM |
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Or are we just going to reach the current ATH at around $1160? What are you guys thinking? I've seen $1025 thrown around alot as a target for a pull back.
it is hard to talk about the ATH at this point, the buy support seems to be good right now and we have been rising with a good speed. on top of that around $920 had a decent amount of time, and that helped with the accumulation. however we still need to see above $1000 and how supports are going to be then, to give any opinion about the future. i myself expect 1050 and then playing around above $1000 for a while before the ATH to have another nice shake out. I'm having similar intentions, I think unloading around the $1050 mark would be good.
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star citizen
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February 02, 2017, 05:39:53 PM |
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I prefer that Bitcoin stays in this range for some time, and then start a slow climb, but I think we'll see some big spikes on the road ahead...
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February 02, 2017, 06:11:40 PM |
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To infinity and beyond~
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▄▄▄▄▄▄▄▄▄▄ ▄██████████████▄ ▄█████████████████▌ ▐███████████████████▌ ▄█████████████████████▄ ███████████████████████ ▐███████████████████████ ▐███████████████████████ ▐███████████████████████ ▐███████████████████████ ██████████████████████▀ ▀████████████████████▀ ▀██████████████████ ▀▀████████████▀▀
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Febo
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February 02, 2017, 06:26:41 PM |
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One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time
Gox's ATH doesn't hold much value since people had no way to cash out money, nor their coins. It was just people recklessly buying up the price in a YOLO manner. That's why we just need to focus on Bitstamp's ATH. But then again, I prefer to see a slower but more steady growth than all the peaks we have been seeing. None of these peaks have lasted long as the price was dumped down again due to FUD and other stuff. At no ATH much people sell coins at that price. Actually not many people sold BTC at over $1100. It is same as altho BTC went to under $800 few weeks ago only few actually bought them for that price.
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nizamcc
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February 02, 2017, 06:40:28 PM |
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I think that we may go near $2000 if we break $1000 once again, because the resistance levels are showing good strength nowadays than support, and they are being crossed every time we think Bitcoin will go down. Proving everybody wrong, bitcoin is the King and I think that we will see another ATH soon if it crosses back $1000.
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serjent05
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February 02, 2017, 07:01:01 PM |
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Well I guess a new ATH is inevitable this year. I do not know if it can be reached this early but I am confident that we are nearing to the new All Time High. It is the second time Bitcoin breaks $1000 wall (i checked it on google) and we are still at the 1st quarter of the year.
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mtwelve (OP)
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February 02, 2017, 07:02:21 PM |
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I think that we may go near $2000 if we break $1000 once again, because the resistance levels are showing good strength nowadays than support, and they are being crossed every time we think Bitcoin will go down. Proving everybody wrong, bitcoin is the King and I think that we will see another ATH soon if it crosses back $1000.
Well we just did. Fingers crossed.
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BitcoinPanther
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February 02, 2017, 07:09:54 PM |
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Bitcoin already broken the wall of $1000. It is again at 4 digit price. I do believe of the possibility that Bitcoin will reach a new ATH this time. The market is still Bullish I just hope that it is not a Bull Trap. Because for sure Bitcoin Price will drop sharply if it is.
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alyssa85
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February 02, 2017, 07:27:33 PM |
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I prefer that Bitcoin stays in this range for some time, and then start a slow climb, but I think we'll see some big spikes on the road ahead...
Me too. People also need to prepare for those who bought at $1000+ selling in relief (the drop from $1000 to $800 will have spooked them and they will be glad to get out).
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harizen
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February 02, 2017, 07:28:25 PM |
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Or are we just going to reach the current ATH at around $1160? What are you guys thinking? I've seen $1025 thrown around alot as a target for a pull back.
The sudden price increase at the first road of breaching $1,000 for the first time months ago since the ATH starts around $700 or $800 if I recalled it correctly. This past days, the sudden price increase starts at around $900 before reaching the current price and still going up as of Im posting this. So basically if you get the picture of my statement, since the price started at around $900 it's really possible to breached again the last price high we encountered this year. But of course we don't just have to based on that since it's still on the hands of people's response about the current price movement whether to go increase or decrease.
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ifightformerkel
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February 02, 2017, 07:43:30 PM |
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We broke now 1.000 Dollar again. I think when we will break 1160 Dollar, then it will go now very fast to 1500 and more in the next days.
The days where you can buy bitcoin "cheap" are over imo, buy now or buy later, but only expensive.
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richardsNY
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February 02, 2017, 07:53:51 PM |
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One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time
Gox's ATH doesn't hold much value since people had no way to cash out money, nor their coins. It was just people recklessly buying up the price in a YOLO manner. That's why we just need to focus on Bitstamp's ATH. But then again, I prefer to see a slower but more steady growth than all the peaks we have been seeing. None of these peaks have lasted long as the price was dumped down again due to FUD and other stuff. Indeed, but like it or not, it makes the graph look ugly, we must destroy that fake ATH. Once we get an ATH now, it will be with real volume, no fake Gox, no fake chinese gamblers, now it's the real deal and we are so damn close. Once we get the new ATH in the current scenario then we'll shoot to the sky since it will be a total consolidation. It just depends on what graph you are looking. If I look at Bitstamp, then there is an ATH of $1163 -- which we nearly broke through early January as the price almost touched the $1140 level. Bitfinex back in 2013 reached an ATH of $1175 -- which we also nearly broke through in early January as the price peaked at $1166. I think if we don't experience any more exchange "hacks", then I am fairly confident that we'll break the ATH this year on every exchange. CNY exchanges have broken through the old ATH already in January.
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lite
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February 02, 2017, 07:56:38 PM |
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We broke now 1.000 Dollar again. I think when we will break 1160 Dollar, then it will go now very fast to 1500 and more in the next days.
The days where you can buy bitcoin "cheap" are over imo, buy now or buy later, but only expensive.
True. we ain't gonna get cheap coins now. i think the price of bitcoin will be $1500 by june or july. we need stable increase, not fast rise and fall right?
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kwukduck
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February 02, 2017, 08:29:31 PM |
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I doubt it very much. And even IF we will see a new ATH it's nothing but a fad. Why?! You ask...? Simple, the technical fundamentals to support this value are still missing, bitcoin does not scale, SegWit has been rejected by the community. Bitcoin does not offer privacy. And most importantly price-wise; the orderbooks are extremely weak.
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