[CLOSED] Bitcoin Price $1,220 on 13 March 2017

[bamboylee]

I vote for 1100 to 1200 because if SEC disapprove ETF, then the price will drop but not that much. And if ever it drops, hodlers will buy the dip and will push the price back up. I think 1200 is a safe bet for me. And is the range of the price right now and it may stay at that level for a while. All of this are just my speculations.

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[btcdiggingmaster]

It might drop small at first. But drop can spark panic+ Bear push. And this can push price really down. Same as opposite panic buy + Bull rush.

Considering the long term, it will be the win-win situation for the bitcoin in both cases. Any decision is going to prove beneficial for the bitcoin in the long run (yes it might leave some temporary impact) but we have already experienced huge price fluctuations before this so it won't be a big issue IMO.

Bitcoin investment is always a win-win situation to people who wait patiently. But after march 13 the price of bitcoin will drop to 1100$ due to the effect of the ETF, once bitcoin is not approved by them. In another case, if bitcoin is approved by the ETF than the price will bounce to more than 1500$.

[Pamadar]

It might drop small at first. But drop can spark panic+ Bear push. And this can push price really down. Same as opposite panic buy + Bull rush.

Considering the long term, it will be the win-win situation for the bitcoin in both cases. Any decision is going to prove beneficial for the bitcoin in the long run (yes it might leave some temporary impact) but we have already experienced huge price fluctuations before this so it won't be a big issue IMO.

Bitcoin investment is always a win-win situation to people who wait patiently. But after march 13 the price of bitcoin will drop to 1100$ due to the effect of the ETF, once bitcoin is not approved by them. In another case, if bitcoin is approved by the ETF than the price will bounce to more than 1500$.

its really hard to say what will happen after the etf and like what you have said its a win-win situation for those who understand the flow
if holders can wait and be patient since fluctuation always happen and sudden movement can be expect, just need to have some nerve
and allow yourself to believe that what ever happen it will rise up again.

[JavaLove]

Based on the current charts, I voted for $1200 - $1300.

I don't believe that the price will surpass $1300 in the next few weeks without a large announcement coming out of the community (that is positive, of course).

Earlier today (07/03/2017), the price of Bitcoin dipped for about an hour and then rose to a fairly normal rate ($1250) which has actually stabilized to be normal. Therefore, with regular fluctuations we've seen over years and years of bitcoin analysis I am about 80% sure that the price will stay normal at max $1300.

Remember that just last year, at the beginning, everyone thought that the 2016 halving would have immediate and pre effects. In January and February, people projected a major immediate jump. This is just not possible, and won't happen this week. In fact, we saw the shock waves of the halving take effect in around October, when the actual halving itself took place in June or July.

I believe that by May we will hit $1350 and possible touch $1400. However in the next week we will see normal, healthy fluctuations (unless a major event happens).

[South Park]

If day traders stopped providing the market with supply we could've seen prices above $2000 by now but unfortunately people are in need of cash and depending on these daily profits to live. I'm still optimistic and hope to see a range of price between $1400 and $1700.

That will never happen, if the price of something is too high then someone is bound to sell to try to get advantage of the opportunity if the price is too low then someone will buy a lot of the product to resell later that is the way the economy works and bitcoin follows the same economic principles.

[BitFinnese]

Hello Fellas,

I would like to test community's opinion about 'SEC to make the final decision on Winklevoss Bitcoin ETF' and thus what do you think the price will be on 13th March 2017? (Approx 10 days later from today).

It would be great if you can post your opinion/stand to back your vote.

Best
Dudeperfect

I have two opinion on this.  First if the Winklevoss Bitcoin ETF is approved, I can see Bitcoin price increasing upto $1500 before the end of this semester.  The reason is that the fund going into Bitcoin economy will push the price upward plus the people who are hesitant to hop in before that approval will certainly influenced by the SEC decision to join the Bitcoin economy.  But, if the ETF is disapproved, sad to say but the current hype will turn into a bubble, bursting with the ETF rejection, price will definitely go down, back to $1000, and if will go further down if manipulators take advantage of the event and spread FUD shaking weaker hands to panic sell their holdings.  Maybe we can see sub $900 bitcoin price.

[Ashong Salonga]

Hello Fellas,

I would like to test community's opinion about 'SEC to make the final decision on Winklevoss Bitcoin ETF' and thus what do you think the price will be on 13th March 2017? (Approx 10 days later from today).

It would be great if you can post your opinion/stand to back your vote.

Best
Dudeperfect

I think, bitcoin will took around $1000-$1100 as I analyse its market. There are sell huge sell order which costs bitcoin to stop pumping yet it's normal. In my opinion, by montt of july, it'll rise again suprisingly and gradually as what occured last year.

[azguard]

Think we can say that in this we have multiple scenarios from drop to rise and to remain as it is right now. If this is approved then i expect for start for price to go slightly over 1300 dollars and in mid year will be around 1500, if this is back out then i expect to see price not bellow 1050 dollars per bitcoin. In the end maybe will price remain as it is at the moment maybe not. To many speculation have i read on net but my personal opinion is that price remain in 1200-1300 range.

[maydna]

Think we can say that in this we have multiple scenarios from drop to rise and to remain as it is right now. If this is approved then i expect for start for price to go slightly over 1300 dollars and in mid year will be around 1500, if this is back out then i expect to see price not bellow 1050 dollars per bitcoin. In the end maybe will price remain as it is at the moment maybe not. To many speculation have i read on net but my personal opinion is that price remain in 1200-1300 range.

i agree with this but in the other side, market china will release their withdraw and i think they will make big withdraw amount and if this is happen, i can not imagine what will going on in the market. imagine many trader make withdrawal in the same time, the transaction will be slowly and many transaction is pending. we only make prediction about what will happen on that day but i am waiting for next price and i think the price can reach $1300 as many people want.

[jtipt]

As we all know Bitcoin's price on 13th March will be either over today's price of under its not gonna stay this after ETF. I am thinking if ETF is approved BTC will most likely see $1500, but on the other hand if ETF is disapproved then we can expect bitcoin price going below $1000.

[iqlimasyadiqa]

As we all know Bitcoin's price on 13th March will be either over today's price of under its not gonna stay this after ETF. I am thinking if ETF is approved BTC will most likely see $1500, but on the other hand if ETF is disapproved then we can expect bitcoin price going below $1000.

we all certainly hope it will all be true. due to the substantial increase then bitcoin will be increasingly in demand by many people. it should be appreciated and we will wait for that date.

[OrangeII]

Well, soon 13 March 2017 will arrive. I think bitcoin prices will remain above $ 1,200. it can be said that the high prices, but, for now, there is no potential that could make bitcoin price exceeds the price of $ 1,300 within a few days.

[Zadicar]

Seeing on the poll seems like most people voted for stable or increasing price after the news which indicates lots of bitcoin users do really believe that the news would make the price would increase even more which is a good thought but we cant still be sure on what would happen.

[stevano]

Seeing on the poll seems like most people voted for stable or increasing price after the news which indicates lots of bitcoin users do really believe that the news would make the price would increase even more which is a good thought but we cant still be sure on what would happen.

but unfortunately sometimes the results are not as expected, for example, just today the sale value of bitcoin is in decline, but I believe based on the chart which I read later bitcoin will rise again on the 13th of March this
we just wait and hope that a lot of this will happen

[Bitcoin0916]

Seeing on the poll seems like most people voted for stable or increasing price after the news which indicates lots of bitcoin users do really believe that the news would make the price would increase even more which is a good thought but we cant still be sure on what would happen.

but unfortunately sometimes the results are not as expected, for example, just today the sale value of bitcoin is in decline, but I believe based on the chart which I read later bitcoin will rise again on the 13th of March this
we just wait and hope that a lot of this will happen

I think waiting is not enough, it is better we buy bitcoin, much speculation convinced that the price of bitcoin this March will reach $1.500, I'm sure the bitcoin will not drop again as the incident earlier in this year, this is because the more the increasing users.

[BlackPanda]

Well, soon 13 March 2017 will arrive. I think bitcoin prices will remain above $ 1,200. it can be said that the high prices, but, for now, there is no potential that could make bitcoin price exceeds the price of $ 1,300 within a few days.

Now this does not exist, but on the 13th I'm sure everything will change drastically. bitcoin prices will be in the range 1500USD. thus, the demand for bitcoin will increase in world financial markets.

[emezh10]

Well, soon 13 March 2017 will arrive. I think bitcoin prices will remain above $ 1,200. it can be said that the high prices, but, for now, there is no potential that could make bitcoin price exceeds the price of $ 1,300 within a few days.

Now this does not exist, but on the 13th I'm sure everything will change drastically. bitcoin prices will be in the range 1500USD. thus, the demand for bitcoin will increase in world financial markets.

I think the pattern through years will happen again from niw on the bitcoin price will be dumping slowly until June to July and the price I think will not drop down to 800$ and by the September the price of the bitcoin will pump up until next year. As you see now the bitcoin price is dumping slowly and I hope the bitcoin will recover as soon as possible. Because of the season the bitcoin price will dump and pump that is because of supply and demand law. I think this coming March 13 the price will drop to 1000$ - 1100$ and I hope it will pump quickly.

[South Park]

Based on the current charts, I voted for $1200 - $1300.

I don't believe that the price will surpass $1300 in the next few weeks without a large announcement coming out of the community (that is positive, of course).

Earlier today (07/03/2017), the price of Bitcoin dipped for about an hour and then rose to a fairly normal rate ($1250) which has actually stabilized to be normal. Therefore, with regular fluctuations we've seen over years and years of bitcoin analysis I am about 80% sure that the price will stay normal at max $1300.

Remember that just last year, at the beginning, everyone thought that the 2016 halving would have immediate and pre effects. In January and February, people projected a major immediate jump. This is just not possible, and won't happen this week. In fact, we saw the shock waves of the halving take effect in around October, when the actual halving itself took place in June or July.

I believe that by May we will hit $1350 and possible touch $1400. However in the next week we will see normal, healthy fluctuations (unless a major event happens).

Sometimes the effects of a decision or an event cannot be seen immediately because instead of everyone reacting immediately to the change we see a kind of domino effect where a single domino hits the next until a chain reaction happens an after some time we see the desired effect.

[CyberKuro]

Hello Fellas,

I would like to test community's opinion about 'SEC to make the final decision on Winklevoss Bitcoin ETF' and thus what do you think the price will be on 13th March 2017? (Approx 10 days later from today).

It would be great if you can post your opinion/stand to back your vote.

Best
Dudeperfect

Vote for $1200-$1300, honestly I doubt it at the first time due to significant decline in the last two days from ATH to $1140. But, surprisingly that bitcoin price already recover to $1200 again, just before 11th March. People may thoughts that SEC will approve winklevoss ETF and the price should stable at those range on this Monday.

[Vaccinus]

i think nothign will change EFT is around the corner and the price is tanking or remainign there, why it should go to $1500 in 3 days? i can't believe this, it's very unlike to me there are more chance that it stuck at $1100 or a little crash will happen