[2017-05-20]Bitcoin Price Breached $2,000, Pundits Coin-Flip What Comes Next - page 2.

richardsNY

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Quote from: karabasss on May 21, 2017, 10:40:17 AM

Many skeptics say that after reaching the barrier in 2000 dollars, the price will begin to fall. This is due to the fact that many are willing to sell at a price of $ 2,000. I also have doubts that the price will go up

$2000 is a psychological barrier, which indeed might be a target people will cash out at, but at this point there is a good level of coin scarcity across all exchanges. As long as that is the case, the price will either hold steady around current levels, or go up further. I have been expecting a correction to happen since the price was like +$300 lower, but it has yet to show up.

veleten

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it does begin to fall-there was a short 2080$ mark
then we visited 2020$ and even 1990$ at BTC-E for some brief period of time
I don't like this 50$ a day growth to be honest,ofc as a holder I'm happy but I fear we may fall down as fast as we grew
there was no obvious signal as to why the price should have grown this much
I prefer a slow but steady growth any day

karabasss

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Quote from: Iranus on May 21, 2017, 08:02:24 AM

Quote from: 1Referee on May 21, 2017, 07:50:44 AM

Quote from: aso118 on May 20, 2017, 10:35:41 PM

We might cross $2100 soon.

GDAX topped $2102 not that long ago, while Bitfinex slightly topped $2099 as peak. Interesting will be how long we can maintain the $2000 level. I am still waiting for that correction to happen, but currently it looks like no one is really willing to contribute towards that correction. People are firmly holding their coins, which is something I haven't seen before in my time in Bitcoin (bought my first coin around $20 back in early 2013). In that regard, we can't really apply that what happened back in the days, to how things are right now.

I expected the price to hover just under $2000 for a while considering how many people looked like they were going to sell at 2k.

All that's important is that the Bitstamp price remains over 2000. Currently it still looks like it's wavering and it's not quite safely over that mental barrier.

IMO it'll stay around here for a week or so before it starts going higher. It won't dip though.

Many skeptics say that after reaching the barrier in 2000 dollars, the price will begin to fall. This is due to the fact that many are willing to sell at a price of $ 2,000. I also have doubts that the price will go up

Iranus

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Quote from: 1Referee on May 21, 2017, 07:50:44 AM

Quote from: aso118 on May 20, 2017, 10:35:41 PM

We might cross $2100 soon.

GDAX topped $2102 not that long ago, while Bitfinex slightly topped $2099 as peak. Interesting will be how long we can maintain the $2000 level. I am still waiting for that correction to happen, but currently it looks like no one is really willing to contribute towards that correction. People are firmly holding their coins, which is something I haven't seen before in my time in Bitcoin (bought my first coin around $20 back in early 2013). In that regard, we can't really apply that what happened back in the days, to how things are right now.

I expected the price to hover just under $2000 for a while considering how many people looked like they were going to sell at 2k.

All that's important is that the Bitstamp price remains over 2000. Currently it still looks like it's wavering and it's not quite safely over that mental barrier.

IMO it'll stay around here for a week or so before it starts going higher. It won't dip though.

1Referee

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Quote from: aso118 on May 20, 2017, 10:35:41 PM

We might cross $2100 soon.

GDAX topped $2102 not that long ago, while Bitfinex slightly topped $2099 as peak. Interesting will be how long we can maintain the $2000 level. I am still waiting for that correction to happen, but currently it looks like no one is really willing to contribute towards that correction. People are firmly holding their coins, which is something I haven't seen before in my time in Bitcoin (bought my first coin around $20 back in early 2013). In that regard, we can't really apply that what happened back in the days, to how things are right now.

aso118

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Quote from: jaberwock on May 20, 2017, 08:07:39 PM

Bitcoin price finally breached the much anticipated $2,000 line, sending excitement throughout the burgeoning global cryptocurrency community. As early as five a.m. GMT+2 on Saturday, CoinMarketCap listed the pacesetter of digital currency for $2014 with almost $34 mln Market Cap.

The $2,000 lane has been expected for some time now but it intensified three days ago when Satoshi Nakamoto's brainchild stabilized at the $1,800 range.

On Friday it made it to the $1,900s further increasing the $2,000 price obsession.

https://cointelegraph.com/news/bitcoin-price-at-1934-all-time-high-led-by-us-to-reach-2000-soon

$34 Mn?? You are off by a factor of 1000.

This rally doesn't look like it is going to stop soon. Within 3 hours of crossing $2K, the price is at $2073.
We might cross $2100 soon.

jaberwock

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Bitcoin price finally breached the much anticipated $2,000 line, sending excitement throughout the burgeoning global cryptocurrency community. As early as five a.m. GMT+2 on Saturday, CoinMarketCap listed the pacesetter of digital currency for $2014 with almost $34 mln Market Cap.

The $2,000 lane has been expected for some time now but it intensified three days ago when Satoshi Nakamoto's brainchild stabilized at the $1,800 range.

On Friday it made it to the $1,900s further increasing the $2,000 price obsession.

https://cointelegraph.com/news/bitcoin-price-at-1934-all-time-high-led-by-us-to-reach-2000-soon

Topic: [2017-05-20]Bitcoin Price Breached $2,000, Pundits Coin-Flip What Comes Next - page 2. (Read 13652 times)