Topic: Bitcoin breaks $6k barrier - page 5. (Read 819 times)

I am not a big BTC holder, but if you have any experience in the crypto market, you should know by now how movements in the price of Bitcoin affects the rest of the market. In addition, I don't have time for lying sacks of shit that pretend to be stupid, while they know exactly what they're doing. And if you fall in the category of having little command of the English language, then you should rather keep your thoughts to yourself and stick to the local threads.

It's true that bitcoin shows still Trend down, but we need not worry, we can take advantage of this down trend by buying bitcoin and saving waiting for ride back, this way is very profitable.

Yeah its above $7100 so let's see how the resistance is going to be. I'm still hoping that it is strong, however, with no positive news on the horizon, it might be broken easily.

But, let us look at the positive things here, it is very cheap to buy bitcoin once again. Everyone should really get in and try to a least purchase .5 - 1 BTC and just continue to hold on it up to the end of the year.

fyi, I meant it was in the $6ks not below $6k.

I think most people realised that. Lesson learnt.

But don't the hodlers get angry?

What are they going to be like when its $2k?

Look at their comments. I am sorry to say, they are either bots, braindead or pretend to be dumb. This while continuing to entertain the lie that it dipped below $6000 in the context as claimed.

Af this time the price is probably $7137 dollars and one thousands more dump it will decrease the price at $6000 I hope the price will increase again so we can make more profit. I hope the price will not dump so we can see the price again very high like 5 digit number price of the bitcoin.

IMO, this is a bad news, not great news as you say. Bitcoin exchange rates down to $ 6,000 are a real worry when the Ethererum drops to $ 400. And if the market continues to fall this way, I think 2018 will be a bitter year for Bitcoin as well as the cryptocurrencies market ((

its not totaly a great news $6k dollars is too high for those who can't afford to buy bitcoin in that price, i will be glad if its  go down to $2 or $3k dollars and i think thats great news for all the crypto users specialy to investors.

Like I said, very volatile, but trend remains down.

There is no proof that it broke through $6k. It is complete BS.

The bitcoin holders are not happy about the bitcoin price going to $6k at all. But the good news is the bitcoin price started recovering fast as the bitcoin is currently selling around $7,450 at the pressing time.

@coinycoiny They should ban your ass for spreading blatantly false information.

You reminded of my friends who bought when the price was still at $15,000 and now they seem to lose appetite to bitcoin because of the bearish market that we are experiencing. I'm encouraging them to take advantage even they bought at peak, they can still trade and buy with a new set of bitcoins when the price was quite low. This trend is unknown on how long it is here to stay.

You think price will continue down and still you won't sell? You are a bagholder sir!

What happened to all the people that said they were going to buy if it went below $10k?
Did they?
Did they think that that was the bottom of the market like your calling $5500?
Are you really going to buy below $5.5K?

Bitcoin violates the barrier by 6,000 dollars, market capitalization now exceeds $ 100 billion



Today bitfinex, the highest volume of BTC / USD exchange, broke the barrier for 6000 dollars today and all other large exchanges joined it. During printing, the price of Bitcoin reached $ 6,041 according to Coinmarketcap.com, resulting in its market capitalization for the first time exceeded $ 100 billion.

WHAT IS NEWS BELIEVED WITH THIS?

The last surge comes after the consolidation week above the $ 5,000 mark, despite the comments of such skeptics as Jamie Dimon and the president of the central bank of Brazil. Last month, China banned ICO and Burmese stock exchanges, South Korea banned ICOs, the US SEC intensified control over ICOs, and Chase Bank CEO could not close his mouth.
None of this matters.
For years Bitkoyn was called the "honey badger of money" and "anti-friggin." Bitcoin does not care, perhaps the most applicable now. Bitkoynu simply does not care what China does, or what the bank's leaders say, or what central bankers think. The only thing Bitkoyn cares about, apparently, is growing in price and adoption.

I CAN NOT KEEP

Many have suggested that institutional money breaks into bitcoins, and they are likely to be true. LedgerX was recently approved by the Commodity Futures Trading Commission to create a regulated Bitcoin options market. Such a market would give institutions that are afraid that the actual digital currency will be able to expose itself to price movements. This month, LedgerX plans to make its debut in Bactoy options.
Bloomberg reports that industry executives are awaiting Bitcoin ETF approval in the future. They point to LedgerX, stating that with a regulated futures market approved by the CFTC, it's only a matter of time before the SEC comes on board and lets you create an ETF. Earlier this year, the SEC said that if the market for regulated options were developed, they could reconsider their position on the Bitkoyinsky ETF.
The approval of the ETF, or the exchange fund, is considered a holy grail for the institutional adoption of bitcoins. Such a fund would actually have enough bitcoins to be fully "supported", and it would be easy to use institutional and retail investors.

First of all BTC hasn't brake the 6K barrier yet...it's still above 7K...second i don't understand why this should be great? I mean the market is losing so much value..everything is falling and there is nothing to be happy about especially for short term investors...maybe you are happy because you don't hold so many BTCs or Alts and you wish to buy some at a very cheap price..well if that is going to happen i will definitely buy more Bitcoins  

seems markets broke passed the mining cost resistance point and now testing the early adopter recent adopter resistance points.
miners started levelling off their costs to the ~$8k cost on the 2nd of march..
https://blockchain.info/charts/hash-rate?timespan=1year

as for traders.. well now they are just really reying to push to find the absolute low resistance point of a bear, before flipping to a bull again

I don't think it's good nor bad news. For others...ehhh. If you bought at the top, I feel for ya. Price is at a good entry point now. I don't know if it will go below $5500, if it does, I'll be buying more.