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Topic: Bitcoin back above $6k (Read 1228 times)

hero member
Activity: 896
Merit: 1000
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November 05, 2017, 01:42:57 PM
#73
Bitcoin always go up and down,And it's going to reach $10k in the end of this year. On the other hand According to some bitcoin expert it will reach $10k in the march 2018. If bitcoin back above $6k that will not strange at all i think.

Stop paying attention to whatever clown'ish self claimed "expert". Never have people thought that Bitcoin would reach such levels in December of last year. This market is experiencing an increasing level of adoption that is bumping the price to constantly newer highs. Ultimately, it doesn't really matter if we reach $10K this year, or in Q1 of 2018 - it's only a matter of time. And honestly speaking, reaching $10K isn't much of an achievement anymore, aside from the statistical aspect. From current levels to $10K is 'just' a 33% bump, which isn't really something to loudly celebrate. After that we'll just keep rushing up further with institutional capital flowing into this eco system. If you're not a trader, then just keep holding - there is no better option.

That's what I'm thinking, we sometimes see $10,000 aim as the new era, but if we take a look at the current price, getting $10,000 is nothing rather than a statistical record. Now people started to talk about $20,000 aim and this will take too much time to get there, if we're relly gonna hit it up.

Let's first see what happens after the fork. It could be very well the price will retrace to 4k and we are back in the june price. Stability is better then such a big rise, because a panic dump will be huge this time. Very huge.
full member
Activity: 228
Merit: 100
November 05, 2017, 10:35:01 AM
#72
Bitcoin always go up and down,And it's going to reach $10k in the end of this year. On the other hand According to some bitcoin expert it will reach $10k in the march 2018. If bitcoin back above $6k that will not strange at all i think.

Stop paying attention to whatever clown'ish self claimed "expert". Never have people thought that Bitcoin would reach such levels in December of last year. This market is experiencing an increasing level of adoption that is bumping the price to constantly newer highs. Ultimately, it doesn't really matter if we reach $10K this year, or in Q1 of 2018 - it's only a matter of time. And honestly speaking, reaching $10K isn't much of an achievement anymore, aside from the statistical aspect. From current levels to $10K is 'just' a 33% bump, which isn't really something to loudly celebrate. After that we'll just keep rushing up further with institutional capital flowing into this eco system. If you're not a trader, then just keep holding - there is no better option.

That's what I'm thinking, we sometimes see $10,000 aim as the new era, but if we take a look at the current price, getting $10,000 is nothing rather than a statistical record. Now people started to talk about $20,000 aim and this will take too much time to get there, if we're relly gonna hit it up.
legendary
Activity: 2170
Merit: 1427
November 05, 2017, 10:12:57 AM
#71
Bitcoin always go up and down,And it's going to reach $10k in the end of this year. On the other hand According to some bitcoin expert it will reach $10k in the march 2018. If bitcoin back above $6k that will not strange at all i think.

Stop paying attention to whatever clown'ish self claimed "expert". Never have people thought that Bitcoin would reach such levels in December of last year. This market is experiencing an increasing level of adoption that is bumping the price to constantly newer highs. Ultimately, it doesn't really matter if we reach $10K this year, or in Q1 of 2018 - it's only a matter of time. And honestly speaking, reaching $10K isn't much of an achievement anymore, aside from the statistical aspect. From current levels to $10K is 'just' a 33% bump, which isn't really something to loudly celebrate. After that we'll just keep rushing up further with institutional capital flowing into this eco system. If you're not a trader, then just keep holding - there is no better option.
newbie
Activity: 6
Merit: 0
November 05, 2017, 09:11:26 AM
#70
This is just a hype and expect for it to be corrected on the next days. Some whales are just controlling the price of the coin.,
member
Activity: 266
Merit: 10
November 05, 2017, 08:06:55 AM
#69
Bitcoin's price will continue to rise today the highest value it had was $7400. Keep investing guys don't be afraid that the price will go down.

Bitcoin's price now is $7536  Grin Grin Grin Grin

newbie
Activity: 9
Merit: 0
November 05, 2017, 03:02:56 AM
#68
Because of a fork this coming November 15th expect for the price to continue going high
newbie
Activity: 9
Merit: 0
November 05, 2017, 02:57:50 AM
#67
Bitcoin's price will continue to rise today the highest value it had was $7400. Keep investing guys don't be afraid that the price will go down.
member
Activity: 364
Merit: 10
November 04, 2017, 12:53:56 PM
#66
Bitcoin always go up and down,And it's going to reach $10k in the end of this year. On the other hand According to some bitcoin expert it will reach $10k in the march 2018. If bitcoin back above $6k that will not strange at all i think.
full member
Activity: 220
Merit: 100
November 04, 2017, 10:42:20 AM
#65
So bitcoin recently busted through the $6,000 mark once again. ( currently at $6,350 )

Do you think that it will continue to rise the way it has been the last few days or are we in for another market correction/dip in the oncoming week?

Let me know your thoughts!

Bitcoin even reached $7500 in the past days, many says it is because of the upcoming fork but what I think it is because more investors are joining the community. There are news that some of the precious supporters of the fork already back out.
sr. member
Activity: 336
Merit: 250
November 03, 2017, 05:21:39 AM
#64
So bitcoin recently busted through the $6,000 mark once again. ( currently at $6,350 )

Do you think that it will continue to rise the way it has been the last few days or are we in for another market correction/dip in the oncoming week?

Let me know your thoughts!

Expect for the price to continually go high on the next days until November 15, since another fork is being expected to happen on that day more and more people wants to hold as much coin as they want specially this time it is rumored that the coin from the fork will be valued at around $1000 each after the fork. We are experiencing this kind of hype on the price mainly because this is the third fork that bitcoin will experience and from the previous it didn't caused any harm to the coin. Hopefully this time will be the same.
legendary
Activity: 1232
Merit: 1000
November 01, 2017, 06:26:34 PM
#63
As of now the price of bitcoin is already 6500 dollars and im very happy because they already reach that price. For sure it will continue to increase and maybe we see the price of 7k dollars this month so if you have extra money invest now in bitcoin to make more profit.

It is almost at $6700 now. If you are talking about November then $7000 is very much possible. 2017 has been by far the best year for Bitcoin. If this trend continues into 2018, who knows where we could be?  Grin
sr. member
Activity: 1624
Merit: 267
November 01, 2017, 04:32:48 PM
#62
As of now the price of bitcoin is already 6500 dollars and im very happy because they already reach that price. For sure it will continue to increase and maybe we see the price of 7k dollars this month so if you have extra money invest now in bitcoin to make more profit.
newbie
Activity: 55
Merit: 0
November 01, 2017, 04:24:13 PM
#61
Yeah I’m very excited about the bitcoin now a days. It has crossed the boundaries of any valuable asset in the stock exchange or in the solid market. I mean look at the volume of bitcoin investment, it is growing each day and there is no stopping of it. Im so happy that I kept y bitcoin which I bought at the rate of 3K USD and now look at the price chart its almost double which is my 2 fold profit of first investment.


If this continues then me and many of us will become rich personalities in no time. Lol. I mean juts holding 10-20 coins can make us billionaire and you will see the more hikes at the time of fork that is to be launched in November.



You can only be rich if there is someone willing to buy your coins at an inflated value.

Bitcoin has pumped too fast - it was $1000 in jan and is now around $6500. Yet the number of transactions per day has only grown from about 250,000 to 300,000. Something doesn't add up.

That is because the reality of the situation is that there is no connection between Bitcoin's level of general acceptance or usage and its price.  There are no fundamentals that can be demonstrated to be significant drivers of the price.  There is always speculation that this or that piece of news drove the price up or down, and sometimes we can see a possible connection, but we can be sure that how widely adopted Bitcoin usage is at any given time is NOT a driver of its price.
newbie
Activity: 55
Merit: 0
November 01, 2017, 04:16:20 PM
#60
I wonder who is buying at these prices. I must admit, if I didn't already own bitcoin I wouldn't be buying now - I'd be looking at an alt which was cheaper and perhaps with more potential for gain.

But that's the thing, how do you gauge that speculative potential?  The alts have almost no past performance information to guide your investing.  Theoretically an alt might have more potential solely because it is comparatively cheaper, but that is pure speculation when compared to Bitcoin's fantastic track record.
hero member
Activity: 2338
Merit: 517
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November 01, 2017, 04:15:40 PM
#59
I am not astonished by the recent movement of Btc even I am expecting this bullish momentum will continue to till 7500$ mark by the end of this year. But in my opinion according to my chart readings & on the basis of price action. I am expecting more rise in this week. We can expect dip in the second week of november because market correction will also happen after rally.

Well I'm different and opposite feeling and I'm grateful with the price of bitcoin's movement. It's amazing to see that everyone is witnessing great value of bitcoin from time to time. I'm into dip also and preparing myself for it but I guess I don't have to prepare with it since we are used to it and it's like nothing compare with the opposite movement of bitcoin after those dips.

It will rise every day till next 1 year
No not only next year but each year that's coming, price will increase most of the time because of different popular and big companies to accept bitcoin in their businesses.

When do you think an ideal selling price would be?
We are now at $6,500 but this is still not the floor nor the ceiling. And if you are still waiting for the dip, $6,000 is a good amount to buy and don't wait for some lower price or else you'll get old waiting for that moment and your expectation to that lower price will be wasted. Many are waiting for the price to get down before at $4,800 when we are about to reach $6,000 but it never happened since $5,000 was the floor price before. $5,500 - $6,000 can be considered as good time to buy.
member
Activity: 546
Merit: 17
November 01, 2017, 01:39:51 PM
#58
So bitcoin recently busted through the $6,000 mark once again. ( currently at $6,350 )

Do you think that it will continue to rise the way it has been the last few days or are we in for another market correction/dip in the oncoming week?

Let me know your thoughts!
in my opinion bitcoin prices will continue to increase.
with the presence of newcomers or people who want to invest in bitcoin.
actually bitcoin is a long term investment.
because the value and price of bitcoin is designed to always increase over time.
with the volume of bitcoin always rising in every day, then certainly bitcoin prices will continue to increase in the future.
full member
Activity: 630
Merit: 100
November 01, 2017, 11:11:45 AM
#57
So bitcoin recently busted through the $6,000 mark once again. ( currently at $6,350 )

Do you think that it will continue to rise the way it has been the last few days or are we in for another market correction/dip in the oncoming week?

Let me know your thoughts!

On October, 30 it reached even $6 300! I can imagine the triumph of those ones, who mine this cryptocurrency for several years and who were enough patient not to sell BTC.

I am not sure it will grow extremely fast, but everything will depend on the financial education of the population.
legendary
Activity: 1652
Merit: 1088
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November 01, 2017, 08:55:02 AM
#56
Yeah I’m very excited about the bitcoin now a days. It has crossed the boundaries of any valuable asset in the stock exchange or in the solid market. I mean look at the volume of bitcoin investment, it is growing each day and there is no stopping of it. Im so happy that I kept y bitcoin which I bought at the rate of 3K USD and now look at the price chart its almost double which is my 2 fold profit of first investment.


If this continues then me and many of us will become rich personalities in no time. Lol. I mean juts holding 10-20 coins can make us billionaire and you will see the more hikes at the time of fork that is to be launched in November.



You can only be rich if there is someone willing to buy your coins at an inflated value.

Bitcoin has pumped too fast - it was $1000 in jan and is now around $6500. Yet the number of transactions per day has only grown from about 250,000 to 300,000. Something doesn't add up.
legendary
Activity: 1414
Merit: 1001
November 01, 2017, 08:49:00 AM
#55
I do not think that will happen. Look at this time that the price of Bitcoin has increased tremendously and currently Bitcoin price always has a positive trend, so we do not worry there is some news saying that bitcoin price will decrease. Bitcoin prices are not very stable, but we can see that Bitcoin Prices have always experienced a remarkable increase over the past few days. This should be maintained until finally at the end of the year we can see the price of Bitcoin is above the 8000 $ range.
sr. member
Activity: 434
Merit: 254
November 01, 2017, 08:47:13 AM
#54
a lot of speculation that happened in this year. one of which is hardfork that happened 2 times in this year and every hardfork get coin with good price.
bitcoin this year will be up to $ 7000 or even up to $ 8000 this year and until early nexte year. the bubble will break in February. and it will return to the price of $ 4000 - $ 5000.

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