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Topic: bitcoin break its own record !! (Read 2905 times)

hero member
Activity: 882
Merit: 544
March 06, 2017, 07:37:29 AM
#69
Bitcoin really have broken its own record this year and for me 2017 is yet one good year for bitcoin. I really do hope that this price movements that are good will continue until the end of the year and I hope that I am online while movements are happening. Someday bitcoin will break its record again and it will continue to increase in price because of the law of supply and demand.
sr. member
Activity: 784
Merit: 250
March 06, 2017, 07:11:39 AM
#68
As time pasd by bitcoin will pump it's price because of the supply and demand law. Because as time pass by the bitcoin is become more famous because of it's price and because of that many civilian are investing in bitcoin and because of that the supply of the bitcoin will lessen and it's price will increase so how supply and demand law works. And I think the bitcoin is only start for now so the price of it will have a great pump up in the future, and I think $25,000 will be the pick price of it.

Exactly and this is just an beginning and bitcoin will touch even more new heights in coming years as you said that supply of bitcoin is limited as there are only 21 million bitcoins mined and demand will go higher and higher in future that will make bitcoin more powerful currency and will be holding some extra ordinary price and if we are judging what will be its top price then only thing comes to mind is sky is the limit.
hero member
Activity: 826
Merit: 501
March 06, 2017, 07:02:44 AM
#67
As time pasd by bitcoin will pump it's price because of the supply and demand law. Because as time pass by the bitcoin is become more famous because of it's price and because of that many civilian are investing in bitcoin and because of that the supply of the bitcoin will lessen and it's price will increase so how supply and demand law works. And I think the bitcoin is only start for now so the price of it will have a great pump up in the future, and I think $25,000 will be the pick price of it.
hero member
Activity: 812
Merit: 500
March 06, 2017, 03:52:07 AM
#66
Exactly, bitcoin break the record. Actually, i started work with bitcoin last 2 years, and before it i don't know bitcoin has crossed above $1200 or not. But for me, it is first time when i see bitcoin break the record and reach in a top price. Now i hope bitcoin grew more and may be it will reach at $1500.   
legendary
Activity: 1596
Merit: 1011
March 05, 2017, 05:23:00 PM
#65
I'm really starting to think a 3,500 USD valuation will become of Bitcoin in 5 years because of what potential there is in what opens up... For the most part I see aging gains off my activity and am nearing completion of an investment prospect because of how much hype has turned into gold with web services.
potential it will always be there. bitcoin increase now looks very good. even 5 years from now could be a lot of regulations that support bitcoin. such as the enactment of the recognition of bitcoin by countries in the world. is what will be increased momentum bitcoin prices are very high.
full member
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
March 05, 2017, 04:20:50 PM
#64
I'm really starting to think a 3,500 USD valuation will become of Bitcoin in 5 years because of what potential there is in what opens up... For the most part I see aging gains off my activity and am nearing completion of an investment prospect because of how much hype has turned into gold with web services.
sr. member
Activity: 734
Merit: 250
March 05, 2017, 03:55:51 PM
#63
since $1200/btc was the maximum price for the bitcoin in the history but now it is above of 1200 which is $1205/btc .
What do you think guys , what are probability of increase more from above of of 1200$ .
I will say no one can break bitcoins record and when it increases in price more higher than what record it make it not its breaking of its record but it add more strength to its record. so we have to say that the record of bitcoin is now more stronger.
sr. member
Activity: 392
Merit: 250
March 05, 2017, 03:44:22 PM
#62
Yes 3 scenario's are possible this week:

1: profit taking just before ETF Winklevoss deadline + investing before deadline.

This would likely result in more sideways movement till the deadline.

2: chinese exchanges opening again, moral decreases because ETF, this will result in some down movement +/- 40$ till the deadline.

3: hype kicks in and we see +100$ this week till ETF deadline.


scenario 1 is the most likely choice. I wouldnt gamble your money on a 30% chance of ETF aproval. Thats just my strategy.
hero member
Activity: 826
Merit: 1004
March 05, 2017, 03:40:41 PM
#61
Hehe I liked the the heading of your topic.
Anyways I agree bitcoin is really increasing at a high rate I have seen many people telling that it is a stable growth I just hope it grows in this way as there won't be any sort of panic selling and it is good in long run also.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
March 05, 2017, 12:39:41 PM
#60
I already sold it. I can smell the dip from a mile away  Grin

price is too volatile right now. not so long ago it was $1250 and not it is back at $1273 and whenever things become this wild predicting becomes impossible in my experience.

although i am also waiting for a correction but i can't smell it like you Smiley
sr. member
Activity: 392
Merit: 250
March 05, 2017, 12:38:32 PM
#59
thats true. I am right or otherwise i got burned Cheesy. Isnt that exciting?
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
March 05, 2017, 12:31:24 PM
#58
I already sold it. I can smell the dip from a mile away  Grin

It's a new all-time-high, so let's see in a few days if you made the right move.  Smiley
sr. member
Activity: 392
Merit: 250
March 05, 2017, 11:03:34 AM
#57
I already sold it. I can smell the dip from a mile away  Grin
hero member
Activity: 2282
Merit: 505
March 05, 2017, 11:01:25 AM
#56
The future is not in my hands, but my coins do. So I have decided to sell a good part of my coins at this price. I don't know if this was a good decision, but in case of a new drop below $1000 I will be celebrating my decision, but if price breaks that $2000 so largely expected, at least I have enjoyed my spent coins and will have new chances to get more coins.
I think you took the right decision, there is no way ETF gets approved and when it gets rejected then we will see a lowering price, however if you don't take that opportunity to buy more bitcoin for cheap then I think that will be a mistake.
But at first we must sell our bitcoin at the top price of the bitcoin. I think it will happen in near of 11 march. And i guess buy back after 11 march and we will get more bitcoin in our pouch. I doubt it will get approved.
legendary
Activity: 3080
Merit: 1353
March 05, 2017, 10:24:31 AM
#55
The future is not in my hands, but my coins do. So I have decided to sell a good part of my coins at this price. I don't know if this was a good decision, but in case of a new drop below $1000 I will be celebrating my decision, but if price breaks that $2000 so largely expected, at least I have enjoyed my spent coins and will have new chances to get more coins.
I will take same decision like you. I will sell part of my bitcoin in 11 march. i just wanna avoiding the bull trap. In this cases the key is on the SEC's hand. so we are playing on the high risk of the bullish trend of bitcoin. I really care about it. good luck to your decision.

I will sell as well before March 11 probably a day or two not because of the bull trap
but because of important issues at hand and I needed it convert it to fiat. But If I
other options, I will hold on it whether the ETF will be approved by SEC. Because
I don't see a huge dip in price. I'm speculating that the base price would be around
$900 and it could go as high as $1100 if not approved. But once approved by SEC
price would be double pretty much in a span of months or even weeks as investor
would put a lot of money in bitcoin.
hero member
Activity: 1764
Merit: 584
March 01, 2017, 01:38:17 PM
#54
Many are expecting the prices to surpass $1224 and there are still probably people buying to try to take advantage of the expected increase. Which obviously cause further price hikes, as would be expected. Still just be prepared for any extreme changes. Though I'm not expecting any deep plunge on ETF denial, it would probably help to have some cash on hand to buy extra bitcoins should the price really drop.
sr. member
Activity: 840
Merit: 254
March 01, 2017, 01:10:47 PM
#53
The future is not in my hands, but my coins do. So I have decided to sell a good part of my coins at this price. I don't know if this was a good decision, but in case of a new drop below $1000 I will be celebrating my decision, but if price breaks that $2000 so largely expected, at least I have enjoyed my spent coins and will have new chances to get more coins.
I think you took the right decision, there is no way ETF gets approved and when it gets rejected then we will see a lowering price, however if you don't take that opportunity to buy more bitcoin for cheap then I think that will be a mistake.
sr. member
Activity: 246
Merit: 250
February 27, 2017, 11:15:33 PM
#52
The speculation is rising and bitcoin will be breaking more records and if and when the EFT is approved the price would double from the current price range.With every increase in cent the price of bitcoin will be breaking its own record and it is really good to see the price climbing up after the meltdown in 2014.
hero member
Activity: 798
Merit: 506
February 27, 2017, 06:10:05 PM
#51
The future is not in my hands, but my coins do. So I have decided to sell a good part of my coins at this price. I don't know if this was a good decision, but in case of a new drop below $1000 I will be celebrating my decision, but if price breaks that $2000 so largely expected, at least I have enjoyed my spent coins and will have new chances to get more coins.

Well it is your coin and I think there is no bad decision if you have profit in your trade.  If Bitcoin price drop which is possible in my opinion, then you can always buy them at lower price.  
About Bitcoin ATH, I wonder if Bitcoin will surge to higher price like $1300 if ETF is not approved.  I have a feeling that the price will drop if the decision is negative.

People tend to manipulate bitcoin price through trading. They keep supporting others to buy and wait for the higher rate to sell it. They take an advantage while others get loss (in case you have huge amount to sell).  How much bitcoin do you have? Do you have at least BTC1 in your wallet? Why we should sell at $1200 if we could wait for $2000? Yes, it's not easy to reach that point as many people tend to manipulate the price.
hero member
Activity: 1078
Merit: 514
February 27, 2017, 03:56:12 PM
#50
Retail interest in precious metals declined, especially on the backdrop of the government pressure in East Asia. The use of Bitcoin by the Chinese is growing rapidly. I believe that we are experiencing a demographic shift from gold to Bitcoin as the main alternative investments. All that factors are positively affect on Bitcoin and make the price grow so high. And I think 1200$ will not be the limit for Bitcoin.
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