maurya78
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July 02, 2014, 10:45:03 AM |
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Maybe in July, starting to feel there is some nice buying momentum building to feed on the impressive merchant adoption piece
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Youghoor
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July 02, 2014, 11:20:41 AM |
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when the person who bought 30000BTC in auction want to make a higher profit he will pump the value to that level.
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Cryddit
Legendary
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Activity: 924
Merit: 1132
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July 02, 2014, 07:33:52 PM |
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maybe by the end of the year
Maybe on July 22 2014 at 3:20 PM pacific time.
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CEG5952
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July 02, 2014, 07:41:05 PM |
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Not sure whether or not we'll get there on this rally, but definitely this year. I'm undecided on whether or not we are still retracing in the bear market, or if this is truly the start of a new bull market. $700s will be telling.
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CryptoCrane
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July 02, 2014, 07:48:42 PM |
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Not sure whether or not we'll get there on this rally, but definitely this year. I'm undecided on whether or not we are still retracing in the bear market, or if this is truly the start of a new bull market. $700s will be telling.
I think it will be a much more difficult climb than last time. Good news used to move the price a ton... not anymore.
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Chicowash
Newbie
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Activity: 48
Merit: 0
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July 02, 2014, 07:59:24 PM |
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Who knows, it could be even higher value, if another big positive newscome out. Why does those silk road coins was even sold ?
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CEG5952
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July 02, 2014, 08:09:04 PM |
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Not sure whether or not we'll get there on this rally, but definitely this year. I'm undecided on whether or not we are still retracing in the bear market, or if this is truly the start of a new bull market. $700s will be telling.
I think it will be a much more difficult climb than last time. Good news used to move the price a ton... not anymore. The thing about news, in my opinion, is that it tends to follow market sentiment -- it doesn't create it. So, in a bear market, good news tends to have little effect. In a bull market, much effect. I don't think we have confirmed the type of full-blown bull market where good news will be immediately reflected in price.
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chaosPT
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July 02, 2014, 08:20:24 PM |
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It happen before and more than $1000 in 2013 , but now its going to happen again look at the big raise these day .
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aboo
Full Member
Offline
Activity: 188
Merit: 100
First decentralized MLM system based on Blockchain
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July 03, 2014, 02:23:54 AM |
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$1,000 can hit today if they wanted to, its based on the pricing of exchanges who can do this.
You can see how Mt.Gox was one of them doing it so what stops others?
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BetMoose
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July 03, 2014, 03:59:48 AM |
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The $1000 is a really strong psychological point for people - some will sell at it, others will buy then support that level. Our prediction market's strongest bet is currently centered around this as well:
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BetMoose.com - Wager on real world events. Profit from predicting the future. Create and share your own contracts.
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CEG5952
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July 03, 2014, 05:55:24 AM |
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$1,000 can hit today if they wanted to, its based on the pricing of exchanges who can do this.
You can see how Mt.Gox was one of them doing it so what stops others?
You saying the exchanges will drive the price up themselves? Like the "Willy Bot" on Gox? (I'm still not sure about that whole thing, and if it happened the way the report laid out) What interest to they have in that? I know they hold a lot of BTC, but over the long term, they will earn much $ and BTC in fees...
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BunsenBurner
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July 03, 2014, 10:33:19 AM |
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The thing about news, in my opinion, is that it tends to follow market sentiment -- it doesn't create it. So, in a bear market, good news tends to have little effect. In a bull market, much effect. I don't think we have confirmed the type of full-blown bull market where good news will be immediately reflected in price.
Exactly. IMO, the media will just create over-reaction to both good news and bad news, like the overbought in Nov 2013.
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