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btctube
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April 30, 2017, 08:22:30 AM |
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$3000 is just not possible, the price will grow little by little so if the price grows about $20 each month, its still not going to be enough to reach that 3000. It will only be possible if ETF will be approved, they were saying its been reviewed again. Assuming it will be approved, all of us will celebrating.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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April 30, 2017, 10:20:35 AM |
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$3000 is just not possible, the price will grow little by little so if the price grows about $20 each month, its still not going to be enough to reach that 3000. It will only be possible if ETF will be approved, they were saying its been reviewed again. Assuming it will be approved, all of us will celebrating.
This ETF review is getting taken far too serious by people. It's just the SEC looking through everything to make sure they haven't missed anything that may have lead to them potentially unfairly rejecting it not that long ago. It's funny that at the time the ETF was rejected people were saying that it didn't matter because there is no need for an ETF, and now there is even a 0.01% chance of approval, people miraculously see huge potential in this ETF.  |
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Kemarit
Legendary
Offline
Activity: 3080
Merit: 1353
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April 30, 2017, 01:05:02 PM |
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$3000 is just not possible, the price will grow little by little so if the price grows about $20 each month, its still not going to be enough to reach that 3000. It will only be possible if ETF will be approved, they were saying its been reviewed again. Assuming it will be approved, all of us will celebrating.
This ETF review is getting taken far too serious by people. It's just the SEC looking through everything to make sure they haven't missed anything that may have lead to them potentially unfairly rejecting it not that long ago. It's funny that at the time the ETF was rejected people were saying that it didn't matter because there is no need for an ETF, and now there is even a 0.01% chance of approval, people miraculously see huge potential in this ETF. I still doubt that if ever the ETF approved it, we will see $3000 level soon. It will still take some time before we see the price jumping on this level. Again as I have said, the impact that really affect the price to really soar is the scalability issue. They need to solved this issue right away and step aside the politics behind it. Because if this is resolved, we can truly see the potential of bitcoin specially in the financial landscape of the general public and other countries who are going to embrace bitcoin technology. |
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X-ray
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April 30, 2017, 02:10:28 PM |
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$3000 is just not possible, the price will grow little by little so if the price grows about $20 each month, its still not going to be enough to reach that 3000. It will only be possible if ETF will be approved, they were saying its been reviewed again. Assuming it will be approved, all of us will celebrating.
It's impossible for bitcoin reach $3000 just in a short time, It will need a lot of time. But ETF approved just give hundreds millionds dollar for the bitcoin market cap. Don't expect if the price of bitcoin can be doubled for instantly caused by bitcoin etf. It's really wrong opinion in my mind. It can't be considered as a big waves in the future. |
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freebutcaged
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April 30, 2017, 03:37:05 PM |
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Bitcoin price literally doubled in one year but since $1200 price range is a little high for most of the people they rather find alternatives to direct buying Bitcoins which would be mining and as long as people can mine for themselves with a cost of even %80 of the current market price they will definitely do it, so unless difficulty increases that much as to make it more profitable to simply buy the coins and not mining them I don't see $3000 or even near $2000 in this year.
Even if ETF approves then people will go and mine instead of buying into the hype.
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Kyraishi
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April 30, 2017, 08:20:25 PM |
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Every time I have seen the price of bitcoin going up even more, there always were many threads about the same topic: if bitcoin is going to reach xxx USD in next xxx years.
The only thing that was changing, was the numbers. It is exactly the same in this case, now it is about BTC reaching 3000$ until 2018.
That question haven't been asked before just because the price of bitcoin has crossed the 1300$ level lately. People are looking even higher and higher levels, which is still good for bitcoin.
I do not really think that it it possible, but bitcoin has amazed us many times already: so it is not impossible to happen.
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forlorn_hope
Newbie
Offline
Activity: 3
Merit: 0
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April 30, 2017, 08:28:18 PM |
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I can't see why not. It's seen almost 220% increase over the past year. That's pretty astonishing.
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Weatherby
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May 01, 2017, 03:24:02 AM |
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Bitcoin price literally doubled in one year but since $1200 price range is a little high for most of the people they rather find alternatives to direct buying Bitcoins which would be mining and as long as people can mine for themselves with a cost of even %80 of the current market price they will definitely do it, so unless difficulty increases that much as to make it more profitable to simply buy the coins and not mining them I don't see $3000 or even near $2000 in this year.
Even if ETF approves then people will go and mine instead of buying into the hype.
Home based casual mining is long gone,it is not at all profitable to mine bitcoin with the difficultly level we have,the positive side is that since the alt coin market is rising along with bitcoin people will be investing their time in mining alts and then convert those coins into bitcoin and that is the possible situation now,the speculation of bitcoin will continue and new grounds will be broken with time. |
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Mr.grin
Legendary
Offline
Activity: 1218
Merit: 1000
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May 01, 2017, 07:03:46 PM |
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We can not measure the potential for bitcoin for now, sometimes it looks impossible, but sometimes it also looks so easy. Well, the most important thing is to prepare a strategy to welcome the price of $ 3000, because definitely the bitcoin price will be high, whether it is within 1 month, or 1 year.
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rajasumi3
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May 02, 2017, 02:31:32 AM |
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I believe in it and i think that the price of bitcoins would reach upto 3000$ by the end of this year and many people are going to make a lot of profit and from that time i am thinking to sell all my bitcoins right then as it will be the highest price of bitcoins.
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mundang
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May 02, 2017, 08:12:22 AM |
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Bitcoin can reach 3000 USD in a year ?
No it cannot that would be very high, and bitcoin cant reached that price within a year only. It needs 2 or 3 years before it gets to the price wanted by some bitcoin users. Well gonna see more and big improvements in bitcoin after 2 years and it may lead to 5000$ price. |
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severaldetails
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May 02, 2017, 08:28:20 AM |
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Bitcoin can reach 3000 USD in a year ?
No it cannot that would be very high, and bitcoin cant reached that price within a year only. It needs 2 or 3 years before it gets to the price wanted by some bitcoin users. Well gonna see more and big improvements in bitcoin after 2 years and it may lead to 5000$ price. I would not say it's completely impossible for bitcoin to do so. Let there be a positive ETF outcome, a break through with the block size problem or a few positive signals from major governments all around the world, and we could approch to a region near 3000$ per coin. Of cours, that is pure speculation from my side, and chances that it will come this way are very small. But not impossible either. |
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PetroffVany
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May 02, 2017, 08:40:56 AM |
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Bitcoin can reach 3000 USD in a year ?
No it cannot that would be very high, and bitcoin cant reached that price within a year only. It needs 2 or 3 years before it gets to the price wanted by some bitcoin users. Well gonna see more and big improvements in bitcoin after 2 years and it may lead to 5000$ price. I agree. It can not grow so fast, it takes more time. The price can not constantly go up and during this year there will still be small reductions that will not allow such growth. |
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deuteragenie
Newbie
Offline
Activity: 36
Merit: 0
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May 02, 2017, 08:56:46 AM |
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Hitting 3000 USD would require a daily increase of about 0.4% for the remainder of the year. Seems very possible to me!
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digaran
Copper Member
Hero Member
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Activity: 1330
Merit: 899
🖤😏
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May 02, 2017, 10:52:25 AM |
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After seeing some crazy price movement in all the altcoins in the last week I'd say everything is possible and I wouldn't be surprised if price kept rising above $1500 in May.
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sergeyzol
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May 02, 2017, 11:50:59 AM |
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After seeing some crazy price movement in all the altcoins in the last week I'd say everything is possible and I wouldn't be surprised if price kept rising above $1500 in May.
Of course, everything is possible, because the price of coins is very unstable. But you need to remember about the risks and be able to get a small profit. |
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iv4n
Legendary
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Activity: 3136
Merit: 1172
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May 02, 2017, 12:00:23 PM |
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After seeing some crazy price movement in all the altcoins in the last week I'd say everything is possible and I wouldn't be surprised if price kept rising above $1500 in May.
Of course, everything is possible, because the price of coins is very unstable. But you need to remember about the risks and be able to get a small profit. Yesterday all coins was in plus and green, today all reds and prices are dropping, but bitcoin is going up and today we saw new ATH. I'm pleasantly surprised with this price movement, I didn't expect this and probably if price continue to rise steady we can see 1500 dollars very soon, looks like that is just a matter of time now. |
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mkmdoc
Sr. Member
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Activity: 658
Merit: 251
VIMee - Social Network
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May 02, 2017, 12:02:25 PM |
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$3000 is just not possible, the price will grow little by little so if the price grows about $20 each month, its still not going to be enough to reach that 3000. It will only be possible if ETF will be approved, they were saying its been reviewed again. Assuming it will be approved, all of us will celebrating.
Yes, the sudden increase in the price to 3000$ is not good for bitcoin, I think ETF will agree to accept bitcoin as one of the payment methods. The price of bitcoin should increase slowly in order to attract more people, the sudden increase in the price will lead to afraid by the people. |
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Schuyler
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May 02, 2017, 12:31:54 PM |
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Anything that goes up too fast too soon is bound to come down at some point. Bitcoin is not exempted from this and we can’t really expect that the price continues to increase without some corrections along the way. Although $3,000 is a nice price to be at, it must happen at the right time and not be caused by some pump and dump scheme.
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bitbunnny
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Activity: 2898
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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May 02, 2017, 01:44:53 PM |
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Everything is possible so it's hard to say exactly but despite current relatively quick rise I don't think that price will touch 3000$ so soon. For that it takes time and all conditions on the market to be right. We can expect further pump but not without any limit and corrections made along the way.
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