Post
Topic
Board Speculation
Re: 1000+ is anytime now
by
~Bitcoin~
on 23/11/2016, 09:46:06 UTC
We are going to see a big surge in price and it will happen in a course of days, remember that last time we went from 600 to 1000 it took less than 15 days, so once it starts pumping and we get in the 800 territory, panic buy will kick in, 800 and 900 will go out quick and we will be sitting at 1000+, some people will panic sell at 1000+, it will correct a little, less than people think, then the people that missed the boat will jump in as soon as it goes below 1000, pushing the price to the next ATH.
Nice assumption/speculation however we may not see same pump of 600 to 1000 in less than 15 days like before as there are more players in bitcoin market right now than before and they will always like to hold bitcoin price lower so that they can keep on buying cheap bitcoins till they slowly pump the price.

We are already near $800 and if we can cross it price may stay at around $800 for few days and another pump may start.