Quote from: Zadicar on February 21, 2017, 01:23:55 PM

Quote from: upsidedown75 on February 21, 2017, 01:21:15 PM

Quote from: azguard on February 21, 2017, 11:15:41 AM

Quote from: OrangeII on February 21, 2017, 07:04:37 AM

soon bitcoin prices will actually reach $ 1,100. Well, this is an increase faster than in previous years. I believe that this will not stop here. bitcoin probably will reach a price of $ 1500, and then stabilized in a few months

Reaching 1500 is achievable for this year cuz year started we will finish February soon and we made progress in price, moving forward, in the end we all want that. Dont expect to see price goes down so much but this price you mentioned expect to see any time this year.

After seeing current rapid progress of bitcoin prices, I am expecting $2000 levels in very short term itself. I believe $1500 will be possible before end of March 2017 itself. Market volume witness enough investors even China got regulated heavily. With exponential price movements possibilities, I am very much sure fast climbing again about to happen.

Price increase rally already building the hype now on bitcoin which most bitcoin users are hoping on reaching on $2k price but on my own view its really high to consider since im just expecting on reaching out 1.4 on this year who knows if bitcoin would go over that point.

Today price made a new high of $1,111.76, presently it is at $1,100.13 at Coindesk. I gladly sold some bit of my coins just to take some profit and hopefully will buy more after a retracement and a signal to buy shows up.

Something very outstanding and going for Bitcoin is the fact that it is beyond the control of any government and so when any government tries to impose itself on it, we're seeing Bitcoin taking the hit and bouncing back in a short while. That is the exact scenario now playing out after the jolt in January, by the PBoC and for that, significant volume of trade have had to leave China for Japan. More or less like demonstrating Le Chatelier's principle holds true not only in Chemistry, but also in FinTech.

Quote

Le Châtelier's principle, chemical principle that states that if a system in equilibrium is disturbed by changes in determining factors, such as temperature, pressure, and concentration of components, the system will tend to shift its equilibrium position so as to counteract the effect of the disturbance