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peter0425

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Quote from: enterprevic on October 16, 2017, 10:28:01 AM

The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.

There could be no price can bitcoin could really stop. Bitcoin has gain a lot of awareness this year, but before we got to where we are right now, there are a lot of bumps along the road, i.e ETF rejection is March causing the price to crash ~$1000 then struggle to get up. Japan enters the picture pushing the price to new ATH, then the Chinese impact and the Dimon attack. You should not be worried as we didn't get here with smooth sailing. Its been a bumpy right for us. There are struggles and I think we are just enjoying the fruit of all our challenges and labors. So as far as the prices, if people are willing to put there hard earn cash to the market, then there no stopping, we don't know what the price could be at the end.

CoinsCoinsEverywhere

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Quote from: enterprevic on October 16, 2017, 10:28:01 AM

The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.

Bitcoin's behavior lately hasn't really been that crazy by historical standards. In absolute terms, price swings of $1k are certainly a lot. But in percentage terms, they're more in line with the way bitcoin has behaved in the past (although +20% in a 24-hour period when we went from ~$4800 to ~$5800 was outsized, even for bitcoin).

Bodywowoya

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Quote from: enterprevic on October 16, 2017, 10:28:01 AM

The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.

I think 10 thousand for him the ceiling, now the price is sky-high, and if it reaches such a maximum, even the consequences are difficult to predict. Of course it will not be soon, and everything will depend on investors. But there are such prerequisites so far.

BillTony79

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On the way go to up $7500 end of 2017. And next year maybe $10000 . What do you think Huh

matchi2011

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Buy $BGL before it's too late!

Quote from: enterprevic on October 16, 2017, 10:28:01 AM

The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.

Well i don't think we can give any specific figures because bitcoin can go beyond 10k next year or crash with some unfortunate event. One thing for me is certain, bitcoin is far from reaching it's full potential yet so we may see the predictions of it going to the moon fulfilled in a few years.

andthereyou

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Quote from: Turkiwi on October 17, 2017, 04:14:04 AM

You're saying that BTC was struggling to surpass 1k, but you probably forget that BTC was struggling to pass one dollar at some point in time. The return from one dollar to a thousand is much higher than one thousand to five thousand, so I'm not sure what you're concerned about. Besides that there are real people who use the network behind BTC, and these are real dollars coming in and we haven't even started (mass adoption etc.) there have been definitely people back in the days that said "BTC for one dollar?! That's too much!" But now we're sitting on almost 6k, and in a couple of years people will be asking again "isn't 50k too much for BTC?", so... it's a never ending story

You were right it's a never ending story. I think maybe even 100k can be achieved in the future. The more money coming in the more the price will increase.
The price of bitcoin will determined the future of crypto market.

ReLieD

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Quote from: enterprevic on October 16, 2017, 10:28:01 AM

The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.

There is no fixed price of Bitcoin. It can increase to any extent and similar drop down to any number at any point of time. And it has always struggled to increase. Like it would have reached 5k USD much earlier but then a month back it faced few problems and dropped down to like 3k and now it's back up again. So basically there is no stopping I guess. So it might keep increasing as time passes

alfs75

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platform for everyday business

Quote from: enterprevic on October 16, 2017, 10:28:01 AM

The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.

I thinks there's no exact amount that bitcoin currency will stop increasing to its exact value because as long as bitcoin constant change in black chain market we cannot predict exactly the right amount.maybe now the value turns to $6k or maybe tommorrow morning when we wake up the value turns to $1k, or maybe next month turn back its value from the start.all depend on the investor and the stock investment trading.

Turkiwi

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You're saying that BTC was struggling to surpass 1k, but you probably forget that BTC was struggling to pass one dollar at some point in time. The return from one dollar to a thousand is much higher than one thousand to five thousand, so I'm not sure what you're concerned about. Besides that there are real people who use the network behind BTC, and these are real dollars coming in and we haven't even started (mass adoption etc.) there have been definitely people back in the days that said "BTC for one dollar?! That's too much!" But now we're sitting on almost 6k, and in a couple of years people will be asking again "isn't 50k too much for BTC?", so... it's a never ending story

enterprevic

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The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.

Topic: BITCOIN END PRICE - page 7. (Read 2722 times)