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Topic: $1100 broken, ATH incoming - page 2. (Read 1409 times)

legendary
Activity: 1610
Merit: 1183
February 21, 2017, 02:13:33 PM
#3
It's not that China isn't relevant anymore, they are just waiting out how the actions of the PBOC will play out because there is definitely more to come. Other than that, depending on what exchange you use as a benchmark for the ATH, it will be possible to see a new ATH within a month if the ETF turns out to be approved. It's less than $100 we need to eat through in order to set a new record price. It feels fantastic being a holder with Bitcoin having so much upwards potential. Grin

China was all smoke and mirrors, their volume was fake, they no longer control anything. Their hashing power is also a scam, there are a lot of different mining pools that are owned by the same idiots which btw continue to not signal for segwit.

China will sooner or later get deprecated, their ONLY strong point is that they get cheap eletricity. THAT IS LITERALLY ALL. All good coders, innovation, etc, is not chinese. China is only making us lag behind in bitcoin adoption by not signaling for segwit, that's all. They are useless.
legendary
Activity: 1232
Merit: 1091
February 21, 2017, 01:57:28 PM
#2
It's not that China isn't relevant anymore, they are just waiting out how the actions of the PBOC will play out because there is definitely more to come. Other than that, depending on what exchange you use as a benchmark for the ATH, it will be possible to see a new ATH within a month if the ETF turns out to be approved. It's less than $100 we need to eat through in order to set a new record price. It feels fantastic being a holder with Bitcoin having so much upwards potential. Grin
legendary
Activity: 1372
Merit: 1252
February 21, 2017, 10:55:39 AM
#1
$1100 has been reached, OkCoin still has a big delay in price, china is no longer relevant. Bitcoin is now sailing with confidence towards ATH, and once ATH is broken there is no stopping, it's anybody's guess how high it will go.

It doesn't matter if there is profit taken between $1080 and ATH, it is now unavoidable and a matter of time when we destroy the ATH barrier.
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