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Topic: 2017 is crazy for bitcoin - page 19. (Read 3390 times)

full member
Activity: 252
Merit: 100
November 03, 2017, 02:39:54 PM
#24
We might not see this rate of growth for bitcoin any more or at least for a while. More public involvement would mean great long term growth for the bitcoin market but also perhaps the less fluctuation. 2017 is the year for bitcoin.
hero member
Activity: 1078
Merit: 507
November 03, 2017, 02:17:46 PM
#23
2017 has marked a new era for bitcoin simply.
First, you see Bitcoin having fork giving rise to Bitcoin Cash and then China bans ICO which affect Bitcoin adversely showing a great dip in the market but then after one month there is coming of another for named as Bitcoin Gold which pushes the Bitcoin to new limits. So, definitely 2017 been a crazy year, also created history with new facts and instances.
legendary
Activity: 1120
Merit: 1003
November 03, 2017, 02:09:41 PM
#22
yeah 2017 interesting year we dont know end of year price , some goverments  banned , some companies take some domains like amazonether amazonbitcoin amazoncrypto like that and aprox 60 days later 10.000 usd bitcoin whynot Smiley
full member
Activity: 369
Merit: 100
Crypto and blockchain writing service
November 03, 2017, 02:08:16 PM
#21
At the rate it's going, we should expect a bitcoin to hit the $10000 mark in 2018. Who knows, it could be more. I really think this is the time to acquire more bitcoin for the future.
member
Activity: 532
Merit: 13
November 03, 2017, 02:07:32 PM
#20
Bitcoin has received a lot of exposure in the media this year. The meteoric rise has not gone unnoticed with the financial press. This has led to many new buyers entering into bitcoin helping to push the price. The idea of free coins with the forks also increases demand.
full member
Activity: 462
Merit: 100
November 03, 2017, 01:59:10 PM
#19
I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.

 

I really think it is just imagine how many hard forks has it been through before year ends and it grew a lot. A lot of people were able to gain a lot of money from bitcoin not just because of the coins they got from the forks but also from the increase of it's price.
hero member
Activity: 882
Merit: 517
cloverdex.io
November 03, 2017, 01:52:55 PM
#18
I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.

 
2017's growth ratio of bitcoin has been phenomenal. As predicted, the price would reach $8k in two days. A massive growth in short span. The last 7 days have been the green days for bitcoins. Almost $1550 have increased in just a week. Good go bitcoin and its team.
member
Activity: 74
Merit: 10
Standing on the shoulders of giants
November 03, 2017, 01:51:47 PM
#17
Yeah its just crazy, the price of bitcoin is rising to 7300 now. What a year and what a day so far. I bet it will cross 8000 or even 9000 before the coming fork.
Make it 10K  Shocked

Some people are doubting that the fork will have a lot of supporters. It is still unclear for now... Every one expect a crash after the fork, this might imply that people are also gonna trade accordingly. Mass psychology is important here! I'm still bullish on BTC even the possible fork cannot stop this train...
newbie
Activity: 26
Merit: 0
November 03, 2017, 01:45:52 PM
#16
Yeah its just crazy, the price of bitcoin is rising to 7300 now. What a year and what a day so far. I bet it will cross 8000 or even 9000 before the coming fork.
Make it 10K  Shocked
full member
Activity: 336
Merit: 100
November 03, 2017, 01:43:08 PM
#15
really, because in 2017 this has been a lot of price increases on all of us and now it's time we can have fun happy with the highest price and also now automatically increase the bitcoin visitors are very abundant when this is what we are waiting for.
full member
Activity: 280
Merit: 100
November 03, 2017, 01:33:18 PM
#14
This year bitkoin really made a rapid leap in the course, having increased in price by more than seven times. This greatly affected the economy of all countries, since tens and hundreds of millions of dollars were invested in the crypto currency. In this regard, the states began to study the crypto currency, trying to classify it according to standard models, but judging by the decisions made, the state authorities of different countries will not be able to come to a single opinion on the issues of crypto currency exchange for a long time. The same applies to attempts to regulate the crypto currency and introduce a profit tax on this activity. The solutions are also diverse, from the prohibition even to have a crypto currency, to its full acceptance as a means of payment. One thing is clear - bitcoin and another crypto currency has seriously declared itself and enters the stage of its official recognition by various states.
newbie
Activity: 14
Merit: 0
November 03, 2017, 01:25:38 PM
#13
I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.

 

Banking in a traditional way has been long here since an era and we witnessed that old aged people are stuck to these systems and may/will always be.
Bitcoin, being especially used by youth, is now taking over all the age groups and the factors are the market moves that subverted the game of all other assets and dragged all such money into Bitcoins. But I believe that it will be a very long journey and to remove traditional banking or to convert it to something new, Bitcoin needs to stabilize and that will only happen when the value reaches a level where buying it will become very hard and it will become extremely priceless just like Gold.

I'm confused about how buying it will become hard when we can just buy / sell fractions.
legendary
Activity: 1218
Merit: 1007
November 03, 2017, 01:22:49 PM
#12
I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.

 

Banking in a traditional way has been long here since an era and we witnessed that old aged people are stuck to these systems and may/will always be.
Bitcoin, being especially used by youth, is now taking over all the age groups and the factors are the market moves that subverted the game of all other assets and dragged all such money into Bitcoins. But I believe that it will be a very long journey and to remove traditional banking or to convert it to something new, Bitcoin needs to stabilize and that will only happen when the value reaches a level where buying it will become very hard and it will become extremely priceless just like Gold.
full member
Activity: 154
Merit: 100
November 03, 2017, 01:22:07 PM
#11
If not everyone then most people thnk that this is just a bubble waiting to burst any minute but in my opinion this is not a bubble, it took time for bitcoin to develop at the beginning no one seemed to think that bitcoin will be at its price now. No one is certain what will happen in the future it can revert back to traditional banking or it wont but the thing is bitcoin was not intended for traditional banking.
legendary
Activity: 1218
Merit: 1007
November 03, 2017, 01:19:17 PM
#10
I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.
Bitcoin is almost guaranteed to be in a bubble period right now, I would be surprised if there was nothing that pops the bubble sometime in the future, but you never know. There might be a constant rise and then a small pop later, it might never pop at all, the fact of the matter is, this is insane right now and it's surprising that it has taken this path.

I wouldn't have put money on Bitcoin rocketing up to $7k over the course of just a few days if you asked me two weeks ago,, but I guess I should start putting money down on some of these predictions since they always seem to be right, and my conservative estimates are often wrong.
sr. member
Activity: 714
Merit: 250
November 03, 2017, 01:16:45 PM
#9
hardfork factor is a powerful driver for bitcoin whose price can not be controlled in this year. in this month alone will happen hardfork back most likely the price will still be pumped
member
Activity: 98
Merit: 10
November 03, 2017, 01:15:07 PM
#8
Cryptocurrency and the blockchain technology are undeniable the future, 2017 has illustrated that quite a bit. Before mobile phones were a thing people hated them and claimed they would never use them but here we are in a time where perhaps 75% of the population owns one. Mainstream peeps. Hopefully bitcoin will still have a leading point when that happens to cryptocurrency. With the recent trends ten thousand dollars is a very probable milestone going into 2018. Time will tell if we will hit it.
full member
Activity: 301
Merit: 100
November 03, 2017, 01:15:04 PM
#7
Probably what you say is absolutely correct now that it can be said that bitcoin has beaten the bank on many things. I have also predicted that the future of Bitcoin will grow tremendously and reach the present high value. However, it is necessary to have a large amount of capital to invest in Bitcoin and that is impossible for me
full member
Activity: 221
Merit: 100
November 03, 2017, 01:14:31 PM
#6
Yeah its just crazy, the price of bitcoin is rising to 7300 now. What a year and what a day so far. I bet it will cross 8000 or even 9000 before the coming fork.
sr. member
Activity: 364
Merit: 250
November 03, 2017, 01:12:42 PM
#5
I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.

 
all would be happy when bitcoin prices rise, especially if you have bitcoin savings in the wallet, the price must be very expensive. on the impact of traditional banking I think it will not interfere except the circulation of money in a country, arguably more and more transactions.
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