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Topic: Bitcoin at all time high $6000 - page 5. (Read 1751 times)

member
Activity: 217
Merit: 14
October 24, 2017, 10:21:50 AM
#43
Bitcoin at certain time interval records new ath and after certain time interval once again starts to fluctuate. After the fluctuations once again marks a new ath or else starts to move downwards. Today the price has come down to $5600, which is expected to increase in less time.
full member
Activity: 686
Merit: 146
October 24, 2017, 09:44:27 AM
#42
It would be normal to experience a price dip or price correction every now and then especially when the price gets too high. The whales would make some actions so that the price would go down and people can buy. With this kind of trend, people are unable to buy bitcoin. As compared to before, there is more demand for bitcoin because it has been gaining popularity this 2017.

It is then quite possible for there to be a price drop after the fork however I don't expect it to drop too low. Bitcoin has been continuing to grow and it will remain strong until the end of the year.
hero member
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October 24, 2017, 08:49:47 AM
#41
Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink

if $5200 is the lower price then we can directly buy bitcoin but if the price is going to go under $5200 then that price is too expensive and i am agree with world bank president said. we have to see the down of bitcoin soon after the fork but i think its just for the correction before the price is back increase and this time, i don't think that the price will go down under $4500. but i am waiting to see the price is reach the lower price so i can buy more bitcoin and waiting the higher price.
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Activity: 2702
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October 24, 2017, 07:54:21 AM
#40

That's because the market value of Bitcoin is continuously increasing each in everytime so it is becoming more expensive as time passes by and as its market demand is getting higher. Maybe it will be able to reach an amount of 7000$ or more by the end of this year if and only if the hardfork will be succesful because it will definitely be a factor just like the recent one and if the pump after the fork will also be continuous.
member
Activity: 96
Merit: 10
October 24, 2017, 07:07:41 AM
#39
Yeah, the demand for bitcoin is absolutely increasing more and more nowadays well in 2018 it might rise even into 7500 USD that would be awesome men. Take time to but bitcoins so that we consider them for trading in the future then it will result to a higher rate of return to us that would a smart move for us investors wouldn't you agree?

Hahah that would be amazing man ! Yess I agree with you .Moreover , the price will be much higher than that !! You know why ? Because we will all be the Market Makers ... There won't be big banks anymore trying to manipulate the price at their own interest because the market cap. will be so huge to even move the price to make some profits ... it's like what happened to the "slaying of the bear whale" ... someone tried to move the markets and make enormous profits by selling low  ... you can check the story
https://www.c[Suspicious link removed]m/2014/10/09/bitcoins-bearwhale-and-the-future-of-a-cryptocurrency.html

The conclusion is that , Yes !! the price will soar to greater heights as the demand increases in the market and the more demand , the more it'll soar !! I've been an avid equities and currencies trader and I've seen how this "big boys" have been playing , and they are unhappy because they will not have control over the markets ... They could've at least tried to listen to the nerds when bitcoin was close to nothing but an idea , but now it's too late ... it's too late to stop it
member
Activity: 96
Merit: 10
October 24, 2017, 06:05:41 AM
#38
Hi TomJames.

Yes that is very good news.
Saying $5200 is too expensive makes no sense if there is no serious analysis behind. Remind me a friend of mine who knows nothing about Bitcoin, two months ago said to me "it won't go above 5k anyway", and here we are.
What some people don't understand is that 5200 or 6000 are just numbers, they mean everything and nothing at the same time, what matters is capitalization, demand for bitcoin and nothing else. Will the demand for Bitcoin decrease in the future? Ask yourself this question and decide what to do!
To answer your question: there could be some small correction, it could get lower to 5k5 again or finish the year at 7k, for me this does not really mean anything since my target is for year 2020 or so.
Good luck to you and enjoy the ride Smiley

This is a very well said explanatio when asking when you should sell. Right now, people are talking about price and really analyzing. But one thing to remember is that Bitcoin has always been volatile and sometimes people might be over analyzing the price and forgeting the main factor which is the supply. Remember the Bitcoin mining for supply is not forever. And we as investors should determine for ourselves on when do we think we should buy or sell.

Yess , and not all the bitcoins have been mined yet . "The Bitcoin mining supply is not forever" you've said it right , until then we will have seen how the markets have reacted and be at a better position to buy or sell .
legendary
Activity: 2170
Merit: 1427
October 24, 2017, 05:39:46 AM
#37
Let's wait for the BitGold hard fork and see how the market will react then

What's the point of waiting? BG's snapshot of Bitcoin's blockchain has already happened, which means that people are free to sell their Bitcoins (if they bought them just for that purpose). Looking at the market, it's pretty clear that while people expected a correction, nothing happened. At this point it's just the regular bit of volatility that gets the market to move up and down. I am actually glad that the market didn't correct, because that would point out how greedy people are, and what risks they expose themselves to just to make a relative profit. Or..... People don't know yet that they can already sell their coins, which is even worse, because that would mean they don't know what they are doing.
hero member
Activity: 2618
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October 24, 2017, 05:17:40 AM
#36
Compared to the past few days today the price has gone low to $5700. Sometimes the same continues long taking the price fall lower than $5000. If such situations arise, user needs to be strong enough to hold back what we have in our btc wallets rather than tending to sell on fearing the chances of bitcoin going low in value.
member
Activity: 96
Merit: 10
October 24, 2017, 05:11:44 AM
#35
what price will close this year at ?
it's all depend on the pump,we need to know what is our peak right now.
i am waiting for a correction in a few days later on and if we're closing at $6000 or even more.
i believe in the end of this year we should see the price closing near that top.
but for now i can not estimate it,because Bitcoin price will be pumped or in bullrun right now.
it's very unpredictable lately.
if everything is good,we should see it more than $5000 even though in a few weeks later we should see a flash crash.

Let's wait for the BitGold hard fork and see how the market will react then , but as more and more people are aware of the digital age , we should see the price go up substantially in the next few years .
member
Activity: 96
Merit: 10
October 24, 2017, 05:01:59 AM
#34
Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink
A good news for all of us holders I think it will continue to rise every other bitcoin fork , many people wants free coins so they actually panic buying this days  to have some free bitcoin Gold .

Exactly , Margarete11 !! And other alt coins  as the return on investment is too lucrative to go without noticing
hero member
Activity: 2128
Merit: 520
October 24, 2017, 05:00:27 AM
#33
Honestly it is too expensive to buy at this point. The rocket has flown and is at the moon already.

We are headed for Mars ! Cheesy
we are now seeing how whales wanted to dive down as the current value fell and its continuously doing it, we cant say whether it will hold and bounce back much stronger but until tomorrow we will see if value will fluctuate either up or down, but for serious investors its okay as we are really looking forward to see the value reaching 10k$.
member
Activity: 96
Merit: 10
October 24, 2017, 04:55:32 AM
#32
Honestly it is too expensive to buy at this point. The rocket has flown and is at the moon already.

We are headed for Mars ! Cheesy
member
Activity: 96
Merit: 10
October 24, 2017, 04:49:04 AM
#31
Hi TomJames.

Yes that is very good news.
Saying $5200 is too expensive makes no sense if there is no serious analysis behind. Remind me a friend of mine who knows nothing about Bitcoin, two months ago said to me "it won't go above 5k anyway", and here we are.
What some people don't understand is that 5200 or 6000 are just numbers, they mean everything and nothing at the same time, what matters is capitalization, demand for bitcoin and nothing else. Will the demand for Bitcoin decrease in the future? Ask yourself this question and decide what to do!
To answer your question: there could be some small correction, it could get lower to 5k5 again or finish the year at 7k, for me this does not really mean anything since my target is for year 2020 or so.
Good luck to you and enjoy the ride Smiley

Exactly !! That's so true , Junoreactor Wink And do you still talk to that friend who didn't believe in you ? haha
hero member
Activity: 3024
Merit: 745
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October 21, 2017, 04:31:59 PM
#30
I think this year is likely to end up closing at around 6000-6500, I expect the price will fall slightly on the 25th but will then begin to climb again in anticipation of segwit2x.

We can still see better price, there's a lot of space for bitcoin to increase until the end of the year. I guess we'll see the same scenario that the price of bitcoin pumped on the first week of January. And I don't see anything on this year end but I'm focusing more on speculative ideas on January 2018 because that's the time that everyone will be back on bitcoin, mostly after the vacation days.
hero member
Activity: 714
Merit: 500
October 21, 2017, 04:24:29 PM
#29
This is just an beginning and bitcoin has lot to offer us in near future so even if price goes down in coming days hold your bitcoins tight and have faith in it as in long term you will only make good profits from it and bitcoin is an license for all of us to become rich in future.
hero member
Activity: 812
Merit: 500
October 21, 2017, 12:06:14 PM
#28
Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink

If i guess about this price that market will close in this year, then this price will be $8000, it is my finial price which i have guessed in my mind and i am sure bitcoin will be reached in it and we all get a profit from our bitcoins. That's why i am not suggest to anyone to sell your bitcoins, i have told to my friends hold your bitcoins till the last month of the year.     
member
Activity: 64
Merit: 10
October 21, 2017, 11:38:04 AM
#27
Do you think bitcoin price could crash before the end of the year and go back at around 4500$ because of the fork, fud or anything like that ? I mean, for different reasons, each times bitcoin reached a new peak (3000$, 5000$) the price has ended up crashing a few days later and came back 2 times stronger.
full member
Activity: 484
Merit: 124
October 21, 2017, 11:24:27 AM
#26
Everybody may not expect this happen but the fact is it's happening.
I'm sure bitcoin will reach into max value after 25 Oct and I can see that bitcoin will start decreasing just like last BCH forking
hero member
Activity: 980
Merit: 507
October 21, 2017, 11:22:55 AM
#25
Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink
Max to Max 7000$  per coin at the end of the year. Everyone is like holy shit bitcoin is now worth 6000$ and I to be honest expected that the markets are going to crash just like last time when it hit 5000$ mark and then you see the price of bitcoin growing more, that was indeed strange, and not enough theories behind it also at the moment. Imma bit curious, and doubtful at the moment on what may be the reason.
hero member
Activity: 1596
Merit: 502
October 21, 2017, 10:50:26 AM
#24
Now all busy with their own thoughts about how to earn free bitcoin gold and therefore the price increases. It was predictable and no surprise. As for the application of segwit2x there seems to me increasingly difficult. I think that this event can make a great deal of uncertainty on this background the price of bitcoin can be significantly reduced.

Yeah price can go in any direction after the fork so if you have any plan to sell your bitcoins then this is the time as price is already above $6k which can give you best profits if you sell it now and if you wait and if price crashes after the fork then you will regret for not selling at this point.
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