Amazing bitcoin performance after the ETF - page 3.

micky123

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Quote from: cellard on March 11, 2017, 10:27:29 AM

As expected, the price dumped when the ETF got rejected because people expected it to dump, so panic selling ensued. Nothing out of the ordinary. But I didn't expect the price to stay at $1100+ so easy and so quick.

This shows us how powerful bitcoin is in 2017 compared to 2013. Bitcoin is indeed maturing, this now feels like a solid, serious thing.

I feel that bitcoin held its own quite well, i really expected a dump all the way to $700 - 800 levels considering the volatility surrounding it, that it didn't, speaks to the maturity level of Bitcoin imo. Of course we have to wait for the weekend and see how it goes, but considering the general trend with Bitcoin and crypto-currencies in general, big news like this used to cause shock-waves and the results were immediate for all to see. I really hope we have moved past that stage and will see a stronger Bitcoin going forward.

Dafar

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dafar consulting

It's a little too early to claim that victory, let's see what happens over the weekend and over the next week. While I'm hoping against it I think we'll see some bearish waves over the next few days, but doubt this is gonna be a trend reversal. I'm still expecting the bull run to resume, and a real rally sometime this year. We had a weak ass ATH of only 0.1% above previous ATH, or 1% if you count today lol... it could be a testament of bitcoin maturing but we are not in bubble territory so it doesn't make sense to me to reverse into a significant or extended bear market. If there are no significant dips and we stay around $1100-$1200, then wow, I think a mega rally is going to be a near reality

cellard

legendary

Activity: 1372

Merit: 1252

As expected, the price dumped when the ETF got rejected because people expected it to dump, so panic selling ensued. Nothing out of the ordinary. But I didn't expect the price to stay at $1100+ so easy and so quick.

This shows us how powerful bitcoin is in 2017 compared to 2013. Bitcoin is indeed maturing, this now feels like a solid, serious thing.

Topic: Amazing bitcoin performance after the ETF - page 3. (Read 2823 times)