Bitcoin break the history. - page 4.

Snorek

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Quote from: Paya on May 04, 2017, 09:40:46 AM

Feels like a bubble to me. I would prefer slow, healthy rise.

I was organic growth caused by Japan bitcoin legalization - if you think that organic growth must be slow process you are wrong.
Organic = backed by some valid reasons i.e. growing bitcoin adoption, killer bitcoin app, new pro bitcoin legislation etc.

btc_angela

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Quote from: icecube45 on May 07, 2017, 10:34:14 AM

Yeah right, if there are no serious constraints bitcoin prices will surely reach more than $ 2,500 in 2018. I agree with you and I also think like you, it will not be a fantasy but will come true. The bitcoin price is currently $ 1,533 and keeps close to $ 2,000, so hoping for bitcoin could be above $ 2,000 it could happen because it only takes $ 500 to reach it and bitcoin will definitely achieve it. Bitcoin also broke new history, which can compete with gold. That would make bitcoin be a good choice for investment, especially the price is always up.

I think it has surpassed gold already. Hmm.. so what would be the next logical comparison? Diamonds. This will be the next benchmark for bitcoin price in the future, 1 karat of diamond = 1 bitcoin. It is truly astonishing the resiliency of bitcoin price. Ups, Downs but it was always recovers but different scenarios and to see the price reaching new heights.

peter0425

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Quote from: Paya on May 04, 2017, 09:40:46 AM

Feels like a bubble to me. I would prefer slow, healthy rise.

As for me this is not a bubble. This is a slow rise indeed not similar to 2013 bubble. Did you wonder why the price is like this? Or haven't you heard about Japan adoption bitcoin like their own? Japan influence on the bitcoin price is already felt and can't be deny already. Unlike before that there are fake volumes, Japan trading is taking 50% only. So it makes that the price of bitcoin is reaching new level. So I definitely think this is not a bubble as you have said.

icecube45

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Yeah right, if there are no serious constraints bitcoin prices will surely reach more than $ 2,500 in 2018. I agree with you and I also think like you, it will not be a fantasy but will come true. The bitcoin price is currently $ 1,533 and keeps close to $ 2,000, so hoping for bitcoin could be above $ 2,000 it could happen because it only takes $ 500 to reach it and bitcoin will definitely achieve it. Bitcoin also broke new history, which can compete with gold. That would make bitcoin be a good choice for investment, especially the price is always up.

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Quote from: MFahad on May 07, 2017, 06:37:36 AM

It is true, bitcoin price rise very well now bitcoin is equal $1535. It is good news for us, because we was discussing for a long time, when bitcoin would cross $1500, now the time has come. But the next step when bitcoin cross $2000, In my thinking, in this year bitcoin definitely cross $2000, but it is difficult to bitcoin cross $2500 in this year.

As expected from bitcoin every year is a new record for the price of it. I think the bitcoin will reach the 2000$ this year by the month of December and before that I hope it will dump a little so many can buy and get ready for another pump.

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It is true, bitcoin price rise very well now bitcoin is equal $1535. It is good news for us, because we was discussing for a long time, when bitcoin would cross $1500, now the time has come. But the next step when bitcoin cross $2000, In my thinking, in this year bitcoin definitely cross $2000, but it is difficult to bitcoin cross $2500 in this year.

Qunenin

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Quote from: erpbridge on May 03, 2017, 11:59:06 PM

I don't think its going to happen. A lot of the bitcoin is being going up right now due to the good news coming in. Looking at the trend, it stops or reverses and really fast anytime a bad news or a big scam occurs in the bitcoin world. While I would hope it keeps going up, I simply do not see it hitting such high numbers within one year.

If and in many countries of Latin America and Asia the BTC is not known . It will rise even more in the following years . Even in Turkey, very few people know. I hope and dream what will be the price if each and every person on the earth has bitcoins in their wallet.

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Quote from: LeGaulois on May 04, 2017, 09:33:49 AM

I have often think about this idea, something going under the table wich a few people are aware, but have never be able to find a correlation on this. Do you have an exemple? Also, people saying it is due to the good news are wrong, if you check, when bad news are published, the price ggoes up too LOL. I don't know until when this trend will go but it's amazing me

A perfect example of what I'm talking about is late 2013. There was a U.S. Fed meeting that appeared suddenly on their agenda in Nov 2013 to discuss to legality of cryptocurrencies in general, and Bitcoin specifically.

Insiders knew of this meeting well ahead of the general public (possibly up to 12 months in advance), and these wealthy insiders knew that the U.S. would not try to ban Bitcoin or any other cryptocurrency (because lets be honest, they can't), but instead give it a favorable greenlight. So they ran up the market for almost a full year well in advance, culminating on the positive news.

They also knew that at the same time, the FBI would soon be closing in on Mt. Gox (because they knew it was an insolvent exchange) and shutting it down, which would give them a perfect reason to short-dump bitcoin into the ground.

They also whipped up media sites and online forums into a frenzy to feed into the run-up. It all worked to their advantage.

Paya

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Feels like a bubble to me. I would prefer slow, healthy rise.

LeGaulois

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I have often think about this idea, something going under the table wich a few people are aware, but have never be able to find a correlation on this. Do you have an exemple? Also, people saying it is due to the good news are wrong, if you check, when bad news are published, the price ggoes up too LOL. I don't know until when this trend will go but it's amazing me

Torque

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Quote from: gentlemand on May 04, 2017, 07:37:39 AM

Quote from: erpbridge on May 03, 2017, 11:59:06 PM

I don't think its going to happen. A lot of the bitcoin is being going up right now due to the good news coming in. Looking at the trend, it stops or reverses and really fast anytime a bad news or a big scam occurs in the bitcoin world. While I would hope it keeps going up, I simply do not see it hitting such high numbers within one year.

What good news? The most stunning run of good news in Bitcoin's history occurred when it was spiralling down the toilet in 2014.

Agreed. Past history shows that whenever the price of bitcoin began to rise dramatically, it was being driven by wealthy insiders knowing something waaayyy ahead of the general public. In hindsight it was never just completely random, or preceded with a string of good news.

My bet is on a major world market meltdown coming, possibly in the Fall or by end of year. If not this year, certainly in the next. Here's hoping that it'll be seen as a life raft for the rats jumping from their sinking ship.

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Quote from: rajasumi3 on May 04, 2017, 08:32:46 AM

It will be able always better that people keep their trust on bitcoins and digital cryptocurrency.I think that the price of bitcoins would be more than 3000$ by the end of the year.

This is a miracle in the bitcoin world. Prices are increasing so rapidly and positively. We can sense the current bitcoin price movement. The increasing price certainly makes us feel comfortable that bicoin has been trusted by many people.

rajasumi3

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It will be able always better that people keep their trust on bitcoins and digital cryptocurrency.I think that the price of bitcoins would be more than 3000$ by the end of the year.

Red-Apple

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well the price target is above $5000 with the current situation and the current adoption rate in different countries around the world and we are rising at a reasonable speed it may seem like these days it is a more faster rise but in the overall speed of things, i'd say it is still on a good path.

if we can see at least $1900 to $2000 this year, then we are officially going towards that target.
then with changes in the adoption, hopefully some solution for blocksize debate and more countries doing the same as Japan we can start planning for $10,000

for now be careful and start learning the difference between dump price drop and correction drop so that you won't panic.

rickadone

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Quote from: bitbunnny on May 03, 2017, 10:50:24 PM

This could but also doesn't have to happen. Bitcoin is not only rising progressive through the time, the price could fall also. Everything depends on the Bitcoin market, the supply and demand, the factors that inf the market, the big players, both countries and individuals and so on. We would all like to see Bitcoin price at 2500$ or more very soon but unfortunately Bitcoin is not that predictive.

When you are concerning about balance, I believe the prices are being raising for a reason like for increased demand so I think we cannot expect a progressive up surge through out the year. Traders always speculate for future prices and then the reality will follow them. I believe this what happening this time too.

I am sure, by end of this year, we might be having bitcoins value more than $5000. We cannot estimate how much demand the new investors and adopters of bitcoin will be bringing.

gentlemand

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Quote from: erpbridge on May 03, 2017, 11:59:06 PM

I don't think its going to happen. A lot of the bitcoin is being going up right now due to the good news coming in. Looking at the trend, it stops or reverses and really fast anytime a bad news or a big scam occurs in the bitcoin world. While I would hope it keeps going up, I simply do not see it hitting such high numbers within one year.

What good news? The most stunning run of good news in Bitcoin's history occurred when it was spiralling down the toilet in 2014.

achow102

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Quote from: olushakes on May 04, 2017, 12:37:35 AM

Quote from: BitcoinPC on May 03, 2017, 10:34:42 PM

Now anyone see bitcoin has been reached at $1504. It is superb for me and also for all investors of bitcoin.
Since last year in 2016 in this month bitcoin was under $400 to $550. So now we see in this time bitcoin has a double or triple price. So its mean the next coming year in 2018 bitcoin will be reached at $2500 to 3000.
Am i right? what's your opinion?

Your analysis is right and even everybody is happy that the price if bitcoin is increasing at a progressive rate but you will also agree with me that the journey has been long in other to reach the point at which we are today. To assume that by 2018 it would have reached $2500 to me would be a wishful thinking because it would mean we want to assume there are not factors that would negate that which can even make the price worse of from the position we are currently are. Let's just play the part we are playing and the the forces of the market or behind the market decide what the price will be.

I agree with you. Everyone watches growth and even compares with the past figures. But you always need to take into account the fact that something unexpected can happen. The world is developing and we can not guess what will happen tomorrow

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Quote from: BitcoinPC on May 03, 2017, 10:34:42 PM

Now anyone see bitcoin has been reached at $1504. It is superb for me and also for all investors of bitcoin.
Since last year in 2016 in this month bitcoin was under $400 to $550. So now we see in this time bitcoin has a double or triple price. So its mean the next coming year in 2018 bitcoin will be reached at $2500 to 3000.
Am i right? what's your opinion?

Your analysis is right and even everybody is happy that the price if bitcoin is increasing at a progressive rate but you will also agree with me that the journey has been long in other to reach the point at which we are today. To assume that by 2018 it would have reached $2500 to me would be a wishful thinking because it would mean we want to assume there are not factors that would negate that which can even make the price worse of from the position we are currently are. Let's just play the part we are playing and the the forces of the market or behind the market decide what the price will be.

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Quote from: BitcoinPC on May 03, 2017, 10:34:42 PM

Now anyone see bitcoin has been reached at $1504. It is superb for me and also for all investors of bitcoin.
Since last year in 2016 in this month bitcoin was under $400 to $550. So now we see in this time bitcoin has a double or triple price. So its mean the next coming year in 2018 bitcoin will be reached at $2500 to 3000.
Am i right? what's your opinion?

Yes.
No.
Or Even more.

I say this 3 options because we all know that bitcoin price is volatile, although is has been more stable this year compare to previous year. Personally, I hope this price run is sustainable. But in the other hand, sooner or later there might be a something that will cause the price dump resulting to another < $1100 again. For me, this is not a bubble because the price jump is not sudden. But what I'm afraid of is investors that are going to sell off their bitcoin because they have already make a profit gain. Huge profit gain. So if this happen, the price will drop a little. Good thing is bitcoin has this ability to recover from this kind of scenario. So lets just enjoy this price ride and hope for the best.

onrise

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This is first time I am also seeing btc prices soars past 1500$. This is a good sign as now price will start getting consolidated at a stage where it will try to get stable and remain for couple of weeks before getting higher.

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