jeffthebaker
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February 25, 2015, 01:49:25 AM |
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Yes.
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klf
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February 25, 2015, 02:53:58 AM |
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I wouldn't be surprised if it went UP to $1000 again but you have to be patient ,btc not will just jump without anything good news
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tyrexs
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February 25, 2015, 05:22:06 AM |
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never hit $1000 again, forget its guy dont hope to much with bitcoin.
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Omikifuse
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February 25, 2015, 05:44:53 AM |
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Never before BTC failed to reach the former ATH, no matter how big the fall and even if it takes some time.
I doubt it will be different this time
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txbtc
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February 25, 2015, 05:59:32 AM |
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I think if the Winklevoss ETF gets approved and launched, we'll see a huge panic buying and big correction. If that happens, we could be at $1,000 or more in next years
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mladen00
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K-ing®
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February 25, 2015, 06:39:39 AM |
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never hit $1000 again, forget its guy dont hope to much with bitcoin.
BTC will never hit 1000$; from 998 BTC will hit 1001$
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IOTA
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Ume
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Finding oNlinE JoB ---=== :)
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February 25, 2015, 06:42:01 AM |
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Btc will or maybe hit 1k$ we can say where there is a will there is a way We have some hope in btc But also think that btc can hit the bottom line .
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uki
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cryptojunk bag holder
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February 25, 2015, 08:17:33 AM |
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Never before BTC failed to reach the former ATH, no matter how big the fall and even if it takes some time.
I doubt it will be different this time
That is an interesting observation. However it does not take into account the level from which the price started. Starting the bubble from $1 or even $ sub1 is much easier than from where we are right now. In other words: growing say 100 fold from nothing to $100 a coin is relatively easy, growing another 100 fold is not.
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wayneyoyo
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February 25, 2015, 08:22:13 AM |
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Never before BTC failed to reach the former ATH, no matter how big the fall and even if it takes some time.
I doubt it will be different this time
That is an interesting observation. However it does not take into account the level from which the price started. Starting the bubble from $1 or even $ sub1 is much easier than from where we are right now. In other words: growing say 100 fold from nothing to $100 a coin is relatively easy, growing another 100 fold is not. It really would not be that big of a deal for the price to go up another 100 fold. The issue is that there are few sources of money that could potentially cause the price to go up that much. The last bubble was likely the result of hedge funds trying to buy up a lot of bitcoin, but I don't see any similar source of buying
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uki
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February 25, 2015, 10:14:43 AM |
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That is an interesting observation. However it does not take into account the level from which the price started. Starting the bubble from $1 or even $ sub1 is much easier than from where we are right now. In other words: growing say 100 fold from nothing to $100 a coin is relatively easy, growing another 100 fold is not.
It really would not be that big of a deal for the price to go up another 100 fold. The issue is that there are few sources of money that could potentially cause the price to go up that much. The last bubble was likely the result of hedge funds trying to buy up a lot of bitcoin, but I don't see any similar source of buyingThat is why it will be much more difficult to get another 100-folder now. I repeat, it is quite a different story to get a 100 fold growth of a project that is in the very early start up phase (that was the case with Bitcoin 2-3 years ago) and a project that is already mature to some extent and got some attention from broader public (Bitcoin now).
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Shiver
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February 25, 2015, 12:19:15 PM |
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I got involved in May 2011, and if you had told me then that it could even reach $50, I flat out wouldn't have believed it possible. Bear in mind what the charts looked like back then, with unchartered territory up ahead and some massive spikes (that look like mole hills today).
I watched an Andreas Antonopoulos video the other day, which I think was from 2014 Q4 or thereabouts. He's known for not wanting to get drawn into speculative discussions about BTC price, but he did say that he thought 2015 would probably be the last year we will see sub $1000 prices.
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picolo
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February 25, 2015, 02:22:13 PM |
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I have coins from mining, so I really didn't buy any. I guess I can hold on to them for a while and see what happens. I usually don't have time to even check on BTC prices daily, but when I was selling my minted coins for $1k each I got spoiled.
You bought hardware and paid for electricity but never had to go through third party exchanges or exchange on localbitcoins. You just sit, watch your miners and collect your bitcoins.
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Shiver
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February 25, 2015, 02:25:17 PM |
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I have coins from mining, so I really didn't buy any. I guess I can hold on to them for a while and see what happens. I usually don't have time to even check on BTC prices daily, but when I was selling my minted coins for $1k each I got spoiled.
You bought hardware and paid for electricity but never had to go through third party exchanges or exchange on localbitcoins. You just sit, watch your miners and collect your bitcoins. In hindsight, when I was (GPU) mining, all the hassle, component failure, extreme heat and noise, and cost of course, it would have worked out about the same price just to buy rather than mine. Hindsight being 20/20 and all that...
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Beliathon
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February 25, 2015, 03:46:51 PM |
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Sooner than you think.
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neurotypical
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February 25, 2015, 04:48:40 PM |
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I think if the Winklevoss ETF gets approved and launched, we'll see a huge panic buying and big correction. If that happens, we could be at $1,000 or more in next years
This coupled with the Gemini exchange should give us a nice bull rally.
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uki
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February 25, 2015, 09:37:44 PM |
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I think if the Winklevoss ETF gets approved and launched, we'll see a huge panic buying and big correction. If that happens, we could be at $1,000 or more in next years
This coupled with the Gemini exchange should give us a nice bull rally. But now we are speaking about 2016 at least. So far the news has been they won't make it this year.
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pa
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February 25, 2015, 11:48:02 PM |
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Never before BTC failed to reach the former ATH, no matter how big the fall and even if it takes some time.
I doubt it will be different this time
That is an interesting observation. However it does not take into account the level from which the price started. Starting the bubble from $1 or even $ sub1 is much easier than from where we are right now. In other words: growing say 100 fold from nothing to $100 a coin is relatively easy, growing another 100 fold is not. It really would not be that big of a deal for the price to go up another 100 fold. The issue is that there are few sources of money that could potentially cause the price to go up that much. The last bubble was likely the result of hedge funds trying to buy up a lot of bitcoin, but I don't see any similar source of buying There are many many hedge funds and other institutional investors that have not yet dipped their toes into Bitcoin.
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virtapayseller666
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February 26, 2015, 09:11:56 AM |
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I think if the Winklevoss ETF gets approved and launched, we'll see a huge panic buying and big correction. If that happens, we could be at $1,000 or more in next years
This coupled with the Gemini exchange should give us a nice bull rally. But now we are speaking about 2016 at least. So far the news has been they won't make it this year. in year 2016 price will above 500$
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uki
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February 26, 2015, 10:13:57 AM |
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in year 2016 price will above 500$
that remains yet to be seen.
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gkv9
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!!! RiSe aBovE ThE StoRm !!!
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February 26, 2015, 11:42:33 AM |
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in year 2016 price will above 500$
that remains yet to be seen. Yes, it yet remains but ain't impossible... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And so, just waiting to see the trends break it towards the upside now as there were so many triangular patterns formed and needs to be broken...
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