Bitcoin is on fire! Made the front page of reddit!!

LLec

hero member

Activity: 798

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Being an old thread. I did decide to see what the new post was about but was disappointed with noting relevant to say more about it being front page again.
Because with the ATH nearly here it should be in the front of all news media outlets again.
I doubt reddit will repeat an old story of 3 months ago to just recycle their page again now would they? Cheesy

But we all know that major media outlets just gobble this stuff up to make it to the 6 o'clock news as a breaking news story to gather notoriety amongst their other news media peers.

Yatsida

newbie

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Quote from: Przemax on December 28, 2016, 02:21:37 PM

More new users means mainly a one thing. Big price swings. If that is true we should expect huge price swings. If price will not be much volatile its the China that doesnt know what to do with money. Especially on the winter time so they want to create a bubble. People will join ... even if they are negative commenting the bitcoin. They will join as last pay the price of being last so they could confirm that bitcoin is bad. So yeah it will be a fun time when everyone will confirm what they believe.

The price is rising faster now.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: Wendigo on December 26, 2016, 02:08:04 AM

Some snippets from the Reddit thread:

Quote

[–]CrashXXL 11 points 9 hours ago*

ITT: Everybody saying nobody knows what Bitcoin really is.

Quote

[–]SpontaneousDream 187 points 15 hours ago

A few of the comments here are just painful to read...some people seriously misunderstanding how Bitcoin works and WHY it has value/utility.

Quote

[–]lifethrowaway23 1 point 4 hours ago

ITT: Smug comments saying how people have no idea how currency/bitcoin works.

Quote

[–]xspacess -3 points 12 hours ago

its like fools gold,no one knows who sets price,what its really worth,how much is about

Quote

[–]Gdott -6 points 11 hours ago

I laugh every time I hear people investing in BitCoin.

Quote

[–]PleaseBeJokingPlease -10 points 14 hours ago

Only people who care about bitcoins are the people who own them.

Only a moron would fall for the ponzi scheme that is bitcoins.

"Hey man, buy bitcoins and we'll both be rich when the value goes up!!!"

Quote

[–]holy_paladin -3 points 8 hours ago

These bitcoin investors have no idea how much they gon lose when we get our first quantum computer in the wrong hands

Quote

[–]Yimpish -5 points 7 hours ago

In 2013 a bitcoin was worth easily more than $1000, this just means it's about to drop off again soon.

Damn the similarities to the threads/comments on here are uncanny Grin

How I love the negativity of uneducated fools who believe that everything revolves around centrally steered economy and illusion of economic safety in the form of fiat currencies.
They seriously need to read some bitcoin related FAQ first and then comment. Or maybe it is totally FUD centered attempt to discredit BTC?

Wind_FURY

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Activity: 2898

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Quote from: Mark Frappeles on December 28, 2016, 07:33:50 AM

Bitcoin above $1000 this year: I believe

It could but if everything stays the same it is more possible to happen during the first few months of 2017. I am not a good trader but I have recently been experimenting in trading altcoins at Poloniex. I have lost some of my Bitcoins which I regret because of my greed. I believe the safest and sure way is to just hold them while it is rising. The markets move very fast and I end up in panic buying or selling.

Przemax

hero member

Activity: 574

Merit: 500

More new users means mainly a one thing. Big price swings. If that is true we should expect huge price swings. If price will not be much volatile its the China that doesnt know what to do with money. Especially on the winter time so they want to create a bubble. People will join ... even if they are negative commenting the bitcoin. They will join as last pay the price of being last so they could confirm that bitcoin is bad. So yeah it will be a fun time when everyone will confirm what they believe.

socks435

legendary

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I'm looking for free spin.

That is why the price was increased these days because of reddit that most of visited site world wide.. well i think more new users in bitcoin are come and use bitcoin right now and many people are buying more bitcoins because more people are seeing the movement of the price that actually you can seen that the price is gradually increasing.

CoinCidental

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Si vis pacem, para bellum

Quote from: alyssa85 on December 28, 2016, 10:49:18 AM

The news has hit the Telegraph as well:

http://www.telegraph.co.uk/technology/2016/12/28/bitcoin-price-record-high-against-pound-euro/

THIS IS GENTLEMEN!

Bitcoinsummoner

hero member

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Maintain Social Distance, Stay safe.

It means that bitcoin is trending right now because the price of bitcoin is increase fast and i think if we hit 1k value like other said more attention by many people that we can be attracted to invest more people in bitcoin that can push the price more above 1k value.. i hope they can notice the benefits that we are getting in bitcoin..

MiladMax

full member

Activity: 121

Merit: 100

investing.com:
Bitcoin prices rally past $960; next stop $1,000

http://www.investing.com/news/forex-news/bitcoin-prices-rally-past-$960;-next-stop-$1,000-450161

Gotottack

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Activity: 882

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Bitcoin will rage over the internet and the local news for sure! Bitcoins has been sky rocketing and beating all expectations everybody is speculating about. We all speculated that it will reach $800 before the year's end, and it did just that before christmas. Then now our next milestone is $1,000 before the end of the year! It's very near and we will get there!

alyssa85

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CryptoTalk.Org - Get Paid for every Post!

The news has hit the Telegraph as well:

http://www.telegraph.co.uk/technology/2016/12/28/bitcoin-price-record-high-against-pound-euro/

tiggytomb

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Activity: 1848

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If bitcoin hits the $1,000 mark it will grab even more attention, the exposure it is getting recently is great, it was discussed I think on CNBC recently as well.

CoinCidental

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Si vis pacem, para bellum

Quote from: LFC_Bitcoin on December 28, 2016, 09:13:25 AM

Starting to feel that 'This Is Gentlemen'.

Seriously I think this could be it.

I have no doubts either this or the next bullrun will bring us to $10k..... After that the next one is $100k
It will follow the same S curve everything else does :
https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.d0z16e7sr

anonbit992

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A Trader & An Investor

Quote from: CoinCidental on December 28, 2016, 07:32:11 AM

Quote from: 1Referee on December 28, 2016, 07:16:31 AM

Quote from: CoinCidental on December 28, 2016, 06:48:52 AM

Quote from: Yatsida on December 28, 2016, 04:53:32 AM

Quote from: ?? on ??

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media reports btc to $1k or Btc partity with gold
we might see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

I thought that the mainstream media would also report about Bitcoin reaching $800 and then $900, but it didn't happen. That while when Bitcoin broke through $600 this year for the first time, it was covered on the news. But I must say that $1000 is somewhat of a special price point for the media to report about. I am quite sure that if it is being covered, that there will indeed follow a wave of panic buyers looking to make quick profits. But once things have calmed down, these people will lose out big time as they mostly buy at the peaks. It's called learning an expensive lesson as blindly buying isn't any different from gambling.

gambling you always lose,btc is a limited supply so they could easily buy for 1k and still win
just hodl until 10k
big money is trying to get into btc :

http://www.newsbtc.com/2016/12/27/bitfury-and-other-miners-receive-offers-to-buy-mined-bitcoin-in-bulk/

Media all over world is starting to show case bitcoin and I think we should be happy about it. Good to see new people getting interested in bitcoin. I hope they will take the time and the efforts to understand the technology rather than trying to make some quick bucks. Gambling to make bitcoin is dangerous, gambling should be done for entertainment only.

LFC_Bitcoin

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#1 VIP Crypto Casino

Starting to feel that 'This Is Gentlemen'.

Seriously I think this could be it.

Mark Frappeles

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Bitcoin above $1000 this year: I believe

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: 1Referee on December 28, 2016, 07:16:31 AM

Quote from: CoinCidental on December 28, 2016, 06:48:52 AM

Quote from: Yatsida on December 28, 2016, 04:53:32 AM

Quote from: ?? on ??

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media reports btc to $1k or Btc partity with gold
we might see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

I thought that the mainstream media would also report about Bitcoin reaching $800 and then $900, but it didn't happen. That while when Bitcoin broke through $600 this year for the first time, it was covered on the news. But I must say that $1000 is somewhat of a special price point for the media to report about. I am quite sure that if it is being covered, that there will indeed follow a wave of panic buyers looking to make quick profits. But once things have calmed down, these people will lose out big time as they mostly buy at the peaks. It's called learning an expensive lesson as blindly buying isn't any different from gambling.

gambling you always lose,btc is a limited supply so they could easily buy for 1k and still win
just hodl until 10k
big money is trying to get into btc :

http://www.newsbtc.com/2016/12/27/bitfury-and-other-miners-receive-offers-to-buy-mined-bitcoin-in-bulk/

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: CoinCidental on December 28, 2016, 06:48:52 AM

Quote from: Yatsida on December 28, 2016, 04:53:32 AM

Quote from: ?? on ??

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media reports btc to $1k or Btc partity with gold
we might see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

I thought that the mainstream media would also report about Bitcoin reaching $800 and then $900, but it didn't happen. That while when Bitcoin broke through $600 this year for the first time, it was covered on the news. But I must say that $1000 is somewhat of a special price point for the media to report about. I am quite sure that if it is being covered, that there will indeed follow a wave of panic buyers looking to make quick profits. But once things have calmed down, these people will lose out big time as they mostly buy at the peaks. It's called learning an expensive lesson as blindly buying isn't any different from gambling.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: Yatsida on December 28, 2016, 04:53:32 AM

Quote from: ?? on ??

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media reports btc to $1k or Btc partity with gold
we might see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

Yatsida

newbie

Activity: 67

Merit: 0

Quote from: ?? on ??

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

Topic: Bitcoin is on fire! Made the front page of reddit!! (Read 3073 times)