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Topic: $11k? Too fast or just hyped? (Read 2159 times)

newbie
Activity: 10
Merit: 0
December 31, 2017, 01:00:31 AM
Due to the positive comments that bitcoin is getting nowadays, more and more investors are starting to make trades in the crypto. This may definitely be a hype.
full member
Activity: 462
Merit: 102
December 11, 2017, 04:18:55 PM
#99
What can I say,, I’m loving it.. So fast,, yes but it’s also so profitable for holders and that matters.. It is now at 17000$ then the 20000$ is even closer to reach this year alone.. Corrections are just used as FUD now because it can help to lower the market price because of panic by new investors but seems not working effectively unlike before..
legendary
Activity: 1232
Merit: 1091
December 11, 2017, 03:54:47 PM
#98
I could suppose that is better that the price increases gradually to do it in a sudden way as it has happened recently,but now invariably if the price remains above the 15k is a clear signal that there is another level of usability with respect to previous years.

Slower but more steady growth is more sustainable for sure, but that doesn't go up in current times where people from all around the world see Bitcoin as an interesting investment option. This might be a process that will take years before it settles where we can then focus on sustainability, especially when institutions provide the much needed liquidity to this market. It of course also depends on how exchanges progress throughout the years, because at some point they might not be as free as they are right now due to stricter regulations. We have already seen the first signs of what regulations do to exchanges, and I am quite sure that there is far more to come.
sr. member
Activity: 602
Merit: 252
December 11, 2017, 01:11:46 PM
#97
To manipulate the price in the name of speculation users hype about the specific altcoins. Similar thing never takes place with bitcoin. The entire decentralized functioning lets for a independent functioning and grow naturally without some sort of push from external forces.
legendary
Activity: 1288
Merit: 1036
December 11, 2017, 12:40:37 PM
#96
Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.
There's no problem about it and also don't forget that the bitcoin is really famous now where celebrities are using bitcoin too and they're trying to advertise it to know that bitcoin is really legit where there friend curious about and tried bitcoin too. I don't mind about the drop of bitcoin because it is part of it where you will see it your self when you see the graph once you visit those market cup.
Asides celebrities, bitcoin massive adoption is expected and a lot of people want in on the ride with some rich investors seeing it as a chance and a moment to buy now while some of them are trying to create FUD to find a way to buy at a price to make them have a huge position on every trade. Some will always fall for it, but for those who are wise, they would rather just use those moments to invest more.
sr. member
Activity: 364
Merit: 250
December 10, 2017, 05:06:10 PM
#95
Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.

All are too fast. To reach this much heights within just days are way too fast to be considered healthy for Bitcoin. I admit that I am happy about the price, however, I do not what to see the possible consequence. I know that the higher Bitcoin goes, the harder it would crash. But if the increase is in a steady manner, a hard crash would be avoided.

I believe that the Q1 of 2018 would be bullish. The hype is not yet over and the Lightning Network will be imposed soon.
sr. member
Activity: 462
Merit: 250
December 10, 2017, 04:51:51 PM
#94
Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.

Three days back, when there was a sudden spike of $2K in a day, every one was in chaos what is going to happen next, whether bitcoin would get crashed somewhere or will keep growing with the same speed to $40K. It has come back to normal now to $15K plus. Every new
I could suppose that is better that the price increases gradually to do it in a sudden way as it has happened recently,but now invariably if the price remains above the 15k is a clear signal that there is another level of usability with respect to previous years.
full member
Activity: 532
Merit: 103
December 10, 2017, 04:34:20 PM
#93
Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.

Three days back, when there was a sudden spike of $2K in a day, every one was in chaos what is going to happen next, whether bitcoin would get crashed somewhere or will keep growing with the same speed to $40K. It has come back to normal now to $15K plus. Every new
legendary
Activity: 2716
Merit: 1383
December 10, 2017, 02:28:40 PM
#92
Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.
I would not say I am worried and at the same time, I may just say it is getting interesting and more confusing by the day. A lot of us expected a correction to come at $10,000 and it did after touching $11,000.

Bitcoin has shown us all some pretty crazy surprising bull run and the slowing down with the recent little correction may be concerning as to understand where the bull is actually headed right now. As it is, we just have to keep looking where it is all going to be headed.
I also thought that we will see a correction at 10000 and  that did not happen it seems the rise in price is a lot stronger than I thought, since we need to take into account that probably many people sold at that price and that many others like us thought there was going to be a correction and did not invest in bitcoin anymore and yet it reached 11k and now we are close to 12k.

We crossed $12,000 during the day. You might have missed it.
Why are people waiting for a correction? To buy more? I think in the long run, it doesn't really matter when you bought.
Just buckle down, get invested and wait out the short-term volatility.
It is not something that I want but something that seemed natural, the correction came but at an higher price, bitcoin almost reached 19k before correcting to 14k so as I have said before it seems the support for bitcoin was a lot higher than I thought, this is one of those instances were I do not mind being wrong since I'm a holder and bitcoin at an higher price than I thought only puts more money in my pocket.
legendary
Activity: 1554
Merit: 1054
December 10, 2017, 01:17:35 AM
#91
Funny to read this two days later with price 16k...
ANd I was the one saying there will be a crash at 11k
Lol, that is how it is bro. No one can predict anything and trust me most of the things people are saying about crash are just some ways to spread FUD to generate panic in the minds of some investors for their own sake. The market cap is growing every day, so if anyone is waiting for a crash right now, they may just as well wait until they get old. Even if corrections should happen, it won't be a crazy one.
sr. member
Activity: 281
Merit: 250
December 09, 2017, 10:48:24 AM
#90
Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.
I think it went too fast. To think that its market value jumped from 1000 earlier this year and now it already reached 12000 uSD of market value. It is really hyped up and that's why there are people that are worried that its market price might fall in a sudden. So the best thing to keep in our minds is to hold.

It went too fast, but this was really needed. The total number of them is really small and this will happen in a price increase. Imagine, millions of people are demanding bitcoin every day.
full member
Activity: 238
Merit: 100
December 09, 2017, 10:46:40 AM
#89
The $11,000 mark is neither too fast nor just hyped. You can see a trend, and you can definitely rely on it. Upon checking my data, I have seen remarkable trends that are worthy of consideration. Say, it reaches $11,000, then it drops to $9,500, then it goes mainstream between $9,500 to $10,500, then climbs again to $11,000 or more. You can see it never really buckles down with such huge disparity. Hence, it is neither too fast nor just hyped.
The price today is after the crash to the 9.5k and all this is just because how were waiting to buy bitcoin they bought It and soon many people who are waiting for crash will also put their money in because price will rise and in result they will see no option and yeah that was not hyped nor correction it was the trend of investor which take the price to the higher level and now we will be used to it in future it will happen is future also.
Unfortunately, not many people want to believe this. Many people feel that it is just a hyped bubble and coinbase and some other exchanges keep getting more users who are registering every single day. A lot missed at that $9k that you said because they fell for the huge correction bullshit and then the value kept kicking and kicking higher.

It was a crazy move though and something that was not expected, and imagine someone who thought $11k was too fast and now we have bitcoin over $16k.

Coinbase getting new users each day does not contradict the hype theory. Its in the nature of a hype that many people hop on the train. I dont think that we are in a bubble though, but hype is definitely a factor of the recent rise. I believe that the recent price rise was too much and we will see a correction anytime soon. Maybe even down under $10,000. I just wait for the big players start cashing out. Of course after this correction Bitcoin will soar up even higher, that happened in the past in this manner and is likely to repeat itself now again. Maybe we see $20,000 to $25,000 even before the correction will come, but it will come.
full member
Activity: 429
Merit: 100
December 09, 2017, 08:05:41 AM
#88
Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.
I think it went too fast. To think that its market value jumped from 1000 earlier this year and now it already reached 12000 uSD of market value. It is really hyped up and that's why there are people that are worried that its market price might fall in a sudden. So the best thing to keep in our minds is to hold.
legendary
Activity: 1232
Merit: 1029
December 09, 2017, 08:02:01 AM
#87
The $11,000 mark is neither too fast nor just hyped. You can see a trend, and you can definitely rely on it. Upon checking my data, I have seen remarkable trends that are worthy of consideration. Say, it reaches $11,000, then it drops to $9,500, then it goes mainstream between $9,500 to $10,500, then climbs again to $11,000 or more. You can see it never really buckles down with such huge disparity. Hence, it is neither too fast nor just hyped.
The price today is after the crash to the 9.5k and all this is just because how were waiting to buy bitcoin they bought It and soon many people who are waiting for crash will also put their money in because price will rise and in result they will see no option and yeah that was not hyped nor correction it was the trend of investor which take the price to the higher level and now we will be used to it in future it will happen is future also.
Unfortunately, not many people want to believe this. Many people feel that it is just a hyped bubble and coinbase and some other exchanges keep getting more users who are registering every single day. A lot missed at that $9k that you said because they fell for the huge correction bullshit and then the value kept kicking and kicking higher.

It was a crazy move though and something that was not expected, and imagine someone who thought $11k was too fast and now we have bitcoin over $16k.
member
Activity: 84
Merit: 10
December 08, 2017, 07:47:17 AM
#86
Funny to read this two days later with price 16k...
ANd I was the one saying there will be a crash at 11k
member
Activity: 66
Merit: 10
December 06, 2017, 02:44:10 PM
#85
Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.

this fast growing is make all bitcoin gambling .

bitcoin keep rise without any reasons and when down down with small price and back rise again
hero member
Activity: 616
Merit: 500
December 06, 2017, 12:32:01 PM
#84
We are now very close to $13k which can be achieved in next 1 or 2 days and if we see that price then it will continue to move up and our next destination should be $15k which is possible by the end of the year or in the beginning of next year.
member
Activity: 490
Merit: 11
December 06, 2017, 08:51:53 AM
#83
now it's 12.7k USD bro
it seems that market demand is high and also a lot of hardfork that will happen in 2018, so people will save BTC with the aim of doubling their money
legendary
Activity: 1036
Merit: 1002
December 06, 2017, 06:17:23 AM
#82
Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.
There's no problem about it and also don't forget that the bitcoin is really famous now where celebrities are using bitcoin too and they're trying to advertise it to know that bitcoin is really legit where there friend curious about and tried bitcoin too. I don't mind about the drop of bitcoin because it is part of it where you will see it your self when you see the graph once you visit those market cup.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
December 06, 2017, 05:42:52 AM
#81
The $11,000 mark is neither too fast nor just hyped. You can see a trend, and you can definitely rely on it. Upon checking my data, I have seen remarkable trends that are worthy of consideration. Say, it reaches $11,000, then it drops to $9,500, then it goes mainstream between $9,500 to $10,500, then climbs again to $11,000 or more. You can see it never really buckles down with such huge disparity. Hence, it is neither too fast nor just hyped.
The price today is after the crash to the 9.5k and all this is just because how were waiting to buy bitcoin they bought It and soon many people who are waiting for crash will also put their money in because price will rise and in result they will see no option and yeah that was not hyped nor correction it was the trend of investor which take the price to the higher level and now we will be used to it in future it will happen is future also.
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