jualidbitmixer
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April 14, 2017, 08:04:16 AM |
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I think we are not going to see 1300 until May or June since we will need new money in order to make that push and reach that price and we will probably need even more good news coming for bitcoin to gives us a rally.
I think it will be hard to hit $1300 on May or June, because the price of bitcoin is kind of weird. If you look at the chart, when the bitcoin's price reach $1210+ the bitcoin price going down suddenly to $1180+ and the price increase again slowly and repeat. I don't know what happen but i think it means the price of bitcoin is stable for now.
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1Referee
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April 14, 2017, 08:36:40 AM |
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I think it will be hard to hit $1300 on May or June, because the price of bitcoin is kind of weird. If you look at the chart, when the bitcoin's price reach $1210+ the bitcoin price going down suddenly to $1180+ and the price increase again slowly and repeat. I don't know what happen but i think it means the price of bitcoin is stable for now.
As long as we are sitting in the exact same situation, which is scaling related, we won't see the market bahave any different. It's more that people don't know what to do anymore. One day the uncertainties regarding the potential hard fork seems to not play a role anymore for people, and the other day it hits the market with a massive bang, where it results in the dumps that we have seen yesterday. Also, the price may seem stable to you, but it isn't and won't be. I think we'll re-visit lower $1000's within a week or two again, and then bounce up from there. It's a cycle.
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jjacob
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April 15, 2017, 01:54:09 PM |
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I think we are not going to see 1300 until May or June since we will need new money in order to make that push and reach that price and we will probably need even more good news coming for bitcoin to gives us a rally.
I think it will be hard to hit $1300 on May or June, because the price of bitcoin is kind of weird. If you look at the chart, when the bitcoin's price reach $1210+ the bitcoin price going down suddenly to $1180+ and the price increase again slowly and repeat. I don't know what happen but i think it means the price of bitcoin is stable for now. It just means that the $1220-$1250 resistance is very, very strong. You need a real positive trigger - like ETF approval or solution to the blocksize debate for these resistance levels to be breached.
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leowonderful
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April 15, 2017, 02:12:41 PM |
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I think we are not going to see 1300 until May or June since we will need new money in order to make that push and reach that price and we will probably need even more good news coming for bitcoin to gives us a rally.
I think it will be hard to hit $1300 on May or June, because the price of bitcoin is kind of weird. If you look at the chart, when the bitcoin's price reach $1210+ the bitcoin price going down suddenly to $1180+ and the price increase again slowly and repeat. I don't know what happen but i think it means the price of bitcoin is stable for now. It just means that the $1220-$1250 resistance is very, very strong. You need a real positive trigger - like ETF approval or solution to the blocksize debate for these resistance levels to be breached. And unfortunately for us both of those things are very unlikely in the near future. That cap around 1230 is strong like you said and for now I would just expect sideways or down until those issues are solved. I'm just hoping we find a good solution soon as the price is really being held down by the scaling debate.
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lumeire
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April 15, 2017, 04:00:39 PM |
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I think we are not going to see 1300 until May or June since we will need new money in order to make that push and reach that price and we will probably need even more good news coming for bitcoin to gives us a rally.
I think it will be hard to hit $1300 on May or June, because the price of bitcoin is kind of weird. If you look at the chart, when the bitcoin's price reach $1210+ the bitcoin price going down suddenly to $1180+ and the price increase again slowly and repeat. I don't know what happen but i think it means the price of bitcoin is stable for now. It just means that the $1220-$1250 resistance is very, very strong. You need a real positive trigger - like ETF approval or solution to the blocksize debate for these resistance levels to be breached. Which just means one thing, it won't happen soon. These debates are taking and delaying development for a really long time IMO.
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Nagadota
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April 16, 2017, 07:58:29 AM |
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I think we are not going to see 1300 until May or June since we will need new money in order to make that push and reach that price and we will probably need even more good news coming for bitcoin to gives us a rally.
I think it will be hard to hit $1300 on May or June, because the price of bitcoin is kind of weird. If you look at the chart, when the bitcoin's price reach $1210+ the bitcoin price going down suddenly to $1180+ and the price increase again slowly and repeat. I don't know what happen but i think it means the price of bitcoin is stable for now. It just means that the $1220-$1250 resistance is very, very strong. You need a real positive trigger - like ETF approval or solution to the blocksize debate for these resistance levels to be breached. It's kind of obvious that the resistance at that kind of level would be pretty strong and there needed to be a correction. The Bitcoin price will be moving near sideways at a stalemate between bulls and bears for a month or so I think.
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Humanxlemming (OP)
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April 17, 2017, 01:53:16 PM |
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I think we are not going to see 1300 until May or June since we will need new money in order to make that push and reach that price and we will probably need even more good news coming for bitcoin to gives us a rally.
I think it will be hard to hit $1300 on May or June, because the price of bitcoin is kind of weird. If you look at the chart, when the bitcoin's price reach $1210+ the bitcoin price going down suddenly to $1180+ and the price increase again slowly and repeat. I don't know what happen but i think it means the price of bitcoin is stable for now. It just means that the $1220-$1250 resistance is very, very strong. You need a real positive trigger - like ETF approval or solution to the blocksize debate for these resistance levels to be breached. It's kind of obvious that the resistance at that kind of level would be pretty strong and there needed to be a correction. The Bitcoin price will be moving near sideways at a stalemate between bulls and bears for a month or so I think. i think anytime can break "ATH" price of bitcoin, its just a weird for now because $1,210-$1,250 have a very strong resistances right, then we just need to wait until $1,250 break and if its break we can see that ATH can fully easy to break anytime. Whales just waiting for it or big investor
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The_Dark_Knight
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April 17, 2017, 05:40:26 PM |
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We are on a brink of great shift again. There are rumors that Russia might acknowledge bitcoin as legal currency. If that happens we will see: price increase, and it will most likely motivate other countries to view bitcoin in more friendly way. Because of that even despite never ending scaling crisis price of bitcoin might be stable and growing.
the USSR already accepted Bitcoin right? At least I saw it on the internet. They still consider it? Anyway if it isnt confirmed yet I dont really see it happening. Lot of russian crypto fanatics want to stay anonymous because they are scared of their Russian goverment. This is why almost the whole ETC team is anonymous. They are all Russian. Why would they be so scared when BTC become legal in Russia? Things could always shift around, bitcoin could be accepted one day and then governments realize that bitcoin is being used by the average person to avoid taxes and the next day bitcoin is banned all over the world, better be safe than sorry.
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Stedsm
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April 17, 2017, 06:38:19 PM |
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We are on a brink of great shift again. There are rumors that Russia might acknowledge bitcoin as legal currency. If that happens we will see: price increase, and it will most likely motivate other countries to view bitcoin in more friendly way. Because of that even despite never ending scaling crisis price of bitcoin might be stable and growing.
the USSR already accepted Bitcoin right? At least I saw it on the internet. They still consider it? Anyway if it isnt confirmed yet I dont really see it happening. Lot of russian crypto fanatics want to stay anonymous because they are scared of their Russian goverment. This is why almost the whole ETC team is anonymous. They are all Russian. Why would they be so scared when BTC become legal in Russia? Things could always shift around, bitcoin could be accepted one day and then governments realize that bitcoin is being used by the average person to avoid taxes and the next day bitcoin is banned all over the world, better be safe than sorry. Why are you being so pessimistic over bitcoins with such statements like " bitcoin is banned"? Even if it does, governments can't stop that average person who is trying to avoid taxes, to not use VPNs which would give access to his coins without any interference of anything, and do you really think that bitcoins would get banned "all over the world"? Is it that easy for anyone to ban it knowing that their citizens' money is involved in it? The market cap is an example itself that how much money is involved currently in bitcoins, do you think these big companies will let governments shut down their circus that easy?
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talkbitcoin
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All I know is that I know nothing.
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April 18, 2017, 09:45:00 AM |
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We are on a brink of great shift again. There are rumors that Russia might acknowledge bitcoin as legal currency. If that happens we will see: price increase, and it will most likely motivate other countries to view bitcoin in more friendly way. Because of that even despite never ending scaling crisis price of bitcoin might be stable and growing.
the USSR already accepted Bitcoin right? At least I saw it on the internet. They still consider it? Anyway if it isnt confirmed yet I dont really see it happening. Lot of russian crypto fanatics want to stay anonymous because they are scared of their Russian goverment. This is why almost the whole ETC team is anonymous. They are all Russian. Why would they be so scared when BTC become legal in Russia? Things could always shift around, bitcoin could be accepted one day and then governments realize that bitcoin is being used by the average person to avoid taxes and the next day bitcoin is banned all over the world, better be safe than sorry. Why are you being so pessimistic over bitcoins with such statements like " bitcoin is banned"? Even if it does, governments can't stop that average person who is trying to avoid taxes, to not use VPNs which would give access to his coins without any interference of anything, and do you really think that bitcoins would get banned "all over the world"? Is it that easy for anyone to ban it knowing that their citizens' money is involved in it? The market cap is an example itself that how much money is involved currently in bitcoins, do you think these big companies will let governments shut down their circus that easy? your IP address is not recorded anywhere and there is no "provable" way to link an IP address to your transactions and your bitcoin. the only thing the government can to is to close the port that bitcoin client uses (i think it is 8003) in which case the beauty of bitcoin is that you can push your transaction to the bitcoin network via any tool. even a simple website online or post it on reddit or something completely anonymous and ask someone to push it without need of a VPN and for receiving bitcoin you don't need internet at all!
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South Park
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April 20, 2017, 05:45:50 PM |
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As I’m writing this bitcoin is at 1285 dollars so we are awfully close to reach the 1300 price if we did not already while I was sleeping, so if the trend continues we will reach that amount of money before the month of April ends and that is good news for all of us.
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Monnt
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April 20, 2017, 06:32:17 PM |
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As I’m writing this bitcoin is at 1285 dollars so we are awfully close to reach the 1300 price if we did not already while I was sleeping, so if the trend continues we will reach that amount of money before the month of April ends and that is good news for all of us.
$1285 ? where ? which exchange rates you are referring ? I am always following bitstamp and it is currently trading at $1228.85 levels with the 24hrs high of $1243.88, but I am too very much sure bitcoin will test $1300 in very near future but I believe $1250 to $1270 will act as very big resistance to pull back the rally, let us see who will be the winner.
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lite
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April 20, 2017, 08:06:00 PM |
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As I’m writing this bitcoin is at 1285 dollars so we are awfully close to reach the 1300 price if we did not already while I was sleeping, so if the trend continues we will reach that amount of money before the month of April ends and that is good news for all of us.
Price broke $1300(on bitfinex), unless we see the same price on other exchanges it hasn't really happened. i think soon other exchanges will follow?
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richardsNY
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April 20, 2017, 08:39:10 PM |
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As I’m writing this bitcoin is at 1285 dollars so we are awfully close to reach the 1300 price if we did not already while I was sleeping, so if the trend continues we will reach that amount of money before the month of April ends and that is good news for all of us.
Price broke $1300(on bitfinex), unless we see the same price on other exchanges it hasn't really happened. i think soon other exchanges will follow? There is no point for other exchanges to follow Bitfinex's highly inflated exchange rate -- simply because it isn't a legitimate increase. For that reason people shouldn't be excited as it will come down again when things (hopefully for people at Bitfinex) go back to normal. If things move in this pace, Bitfinex's rate will break through the $1400 level in a matter of days, at least within this month.
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aardvark15
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April 20, 2017, 10:12:37 PM |
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As I’m writing this bitcoin is at 1285 dollars so we are awfully close to reach the 1300 price if we did not already while I was sleeping, so if the trend continues we will reach that amount of money before the month of April ends and that is good news for all of us.
Price broke $1300(on bitfinex), unless we see the same price on other exchanges it hasn't really happened. i think soon other exchanges will follow? There is no point for other exchanges to follow Bitfinex's highly inflated exchange rate -- simply because it isn't a legitimate increase. For that reason people shouldn't be excited as it will come down again when things (hopefully for people at Bitfinex) go back to normal. If things move in this pace, Bitfinex's rate will break through the $1400 level in a matter of days, at least within this month. The price of Bitcoin topped $1300 on Poloniex too. That must be a legitimate price because those are two of the major exchanges. I haven't checked any other exchanges yet but my guess is that they are there or close to it.
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The_Dark_Knight
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April 20, 2017, 10:22:48 PM |
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We are on a brink of great shift again. There are rumors that Russia might acknowledge bitcoin as legal currency. If that happens we will see: price increase, and it will most likely motivate other countries to view bitcoin in more friendly way. Because of that even despite never ending scaling crisis price of bitcoin might be stable and growing.
the USSR already accepted Bitcoin right? At least I saw it on the internet. They still consider it? Anyway if it isnt confirmed yet I dont really see it happening. Lot of russian crypto fanatics want to stay anonymous because they are scared of their Russian goverment. This is why almost the whole ETC team is anonymous. They are all Russian. Why would they be so scared when BTC become legal in Russia? Things could always shift around, bitcoin could be accepted one day and then governments realize that bitcoin is being used by the average person to avoid taxes and the next day bitcoin is banned all over the world, better be safe than sorry. Why are you being so pessimistic over bitcoins with such statements like " bitcoin is banned"? Even if it does, governments can't stop that average person who is trying to avoid taxes, to not use VPNs which would give access to his coins without any interference of anything, and do you really think that bitcoins would get banned "all over the world"? Is it that easy for anyone to ban it knowing that their citizens' money is involved in it? The market cap is an example itself that how much money is involved currently in bitcoins, do you think these big companies will let governments shut down their circus that easy? I'm not being pessimistic, I’m being realistic, look at the prohibition of alcohol in the United States, alcohol was legal then the government decided to make it illegal and all kind of things happen, crimes, the growth of the mafia and then when the US government went bankrupt they decide to legalize alcohol once again and charge taxes on it, bitcoin could follow the same path that is what I’m saying, bitcoin could be legal one day and at the next it is not, something similar happened to gold as well.
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JohnUser
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April 21, 2017, 05:47:35 AM |
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Price broke $1300(on bitfinex), unless we see the same price on other exchanges it hasn't really happened. i think soon other exchanges will follow?
The price of Bitcoin topped $1300 on Poloniex too. That must be a legitimate price because those are two of the major exchanges. I haven't checked any other exchanges yet but my guess is that they are there or close to it. This two market (finex and polo) have really high crypto price compare to other exchange. As its the only way to withdraw from them they don't represent the real market.
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Vixmore
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April 21, 2017, 07:04:23 AM |
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I think we are not going to see 1300 until May or June since we will need new money in order to make that push and reach that price and we will probably need even more good news coming for bitcoin to gives us a rally.
I think it will be hard to hit $1300 on May or June, because the price of bitcoin is kind of weird. If you look at the chart, when the bitcoin's price reach $1210+ the bitcoin price going down suddenly to $1180+ and the price increase again slowly and repeat. I don't know what happen but i think it means the price of bitcoin is stable for now. I could definitely see that happening. The demand of Bitcoin is rising quite a bit now and the price is rising along with it.
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AjithBtc
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April 22, 2017, 07:02:49 AM |
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I think we are not going to see 1300 until May or June since we will need new money in order to make that push and reach that price and we will probably need even more good news coming for bitcoin to gives us a rally.
I think it will be hard to hit $1300 on May or June, because the price of bitcoin is kind of weird. If you look at the chart, when the bitcoin's price reach $1210+ the bitcoin price going down suddenly to $1180+ and the price increase again slowly and repeat. I don't know what happen but i think it means the price of bitcoin is stable for now. I could definitely see that happening. The demand of Bitcoin is rising quite a bit now and the price is rising along with it. Bitcoin price increases when the demand for it increases, because it has got certain limitations in the bitcoin mining. As regularly more and more people and industrial firms are getting into bitcoin usage the requirement increases causing the price move forward.
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HarryKPeters
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April 22, 2017, 07:43:39 AM |
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1200 is a solid floor, at least as we can hold that floor. At this moment there is not much buy support to hold it. But give it a few weeks and if the price is still here. A new floor around this price will be established.
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