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Topic: Bitcoin Hits $14,000! - page 6. (Read 2085 times)

newbie
Activity: 16
Merit: 0
December 06, 2017, 07:25:08 PM
#8
As long as there is a demand for it, then the price goes up. If it is globalized and major companies start to utilize it.....who knows what can happen
sr. member
Activity: 254
Merit: 1258
December 06, 2017, 07:21:39 PM
#7
Something smells fishy here.
I think it has something to do with the news of it going mainstream, causing it go even more mainstream.

https://www.cnbc.com/2017/11/27/bitcoin-exchange-coinbase-has-more-users-than-stock-brokerage-schwab.html
https://www.cnbc.com/2017/12/06/bitcoin-tops-13000-surging-1000-in-less-than-24-hours.html
https://blogs.wsj.com/moneybeat/2017/12/06/bitcoin-tops-12000-and-is-well-on-its-way-to-13000/
https://twitter.com/FoxBusiness/status/938556132074967042




There aren't that many coins in circulation remember this and there is definitely a demand increase right now.


Fox news treats it as a stock even.
sr. member
Activity: 280
Merit: 250
December 06, 2017, 07:22:35 PM
#7
It's actually totally unexpected that it's gone up so much this year but whats really surprising is that it's kept it's value too and not corrected like many people over in the economics sub forum are saying it would. I think this has just proven that $50,000 isn't far off and we could be seeing it in a few years.
newbie
Activity: 60
Merit: 0
December 06, 2017, 07:21:10 PM
#6
Something smells fishy here.
Like what, mate?

I've just opened up two different trading exchanges and it looks like a simple case of supply not meeting demand.

Up goes the price... simple economics.
member
Activity: 197
Merit: 10
December 06, 2017, 07:19:25 PM
#5
This is Crazy!!!! How much higher can it go? Will it gain 1,000 a day for the rest of the year?


lol if it was only $1000 a day it still wouldn't make sense but at least not this madness. It started the day around $11,600 now $14+ . That's approaching a $3000 increase in 1 day  Shocked

And asia is just waking up let's see what happens. Hope everyone already has some BTC
member
Activity: 112
Merit: 11
December 06, 2017, 07:18:17 PM
#4
member
Activity: 266
Merit: 13
December 06, 2017, 07:12:00 PM
#3
Something smells fishy here.
full member
Activity: 322
Merit: 110
elysian.finance
December 06, 2017, 06:59:54 PM
#2
This is Crazy!!!! How much higher can it go? Will it gain 1,000 a day for the rest of the year?

I hope so, but definitely it is impossible when you invest with a limited amount. When you are a millionaire and can invest more, it is possible to earn a greater profit everyday but not that big i guess.
member
Activity: 65
Merit: 10
December 06, 2017, 06:23:30 PM
#1
This is Crazy!!!! How much higher can it go? Will it gain 1,000 a day for the rest of the year?
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