Pages:
Author

Topic: Bitcoin Price Hits Highest Level Since August - page 2. (Read 6452 times)

full member
Activity: 182
Merit: 250
Fingers crossed that it keeps going higher! Impossible to predict unfortunately
hero member
Activity: 504
Merit: 500
Well since the price is dropping too much today,
I hope that it will stop at least at 300 dollars because it would be a huge dump.
What i really notice now is that the exchange rate for alt coins has been increased a bit.

The price for litecoin, Ethereum, Dash and many other altcoins also dropped. Maybe it is consolidation time.

Well most of other coins (alt coins) are directly depended from bitcoin price.
When the bitcoin price is increased their price is also increased.
The difference is in the exchange rate sometimes which makes some lost exchanging to bitcoin.
I think that we all agree that the price of this month was the highest of year and we hope for more in upcoming weeks.
newbie
Activity: 28
Merit: 0
Well since the price is dropping too much today,
I hope that it will stop at least at 300 dollars because it would be a huge dump.
What i really notice now is that the exchange rate for alt coins has been increased a bit.

The price for litecoin, Ethereum, Dash and many other altcoins also dropped. Maybe it is consolidation time.
hero member
Activity: 504
Merit: 500
I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.

I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement.

The price is going back bellow than $300.
At the moment it is 298 as shows on coindesk bitcoin price chart.
I think it should take the highest level on November or December for this year
that can be sure yet as the price climbing faster than normal is a sign of unstability. We cannot sure what will happen with it. And the halving is coming soon too so this is unpredictable

Well since the price is dropping too much today,
I hope that it will stop at least at 300 dollars because it would be a huge dump.
What i really notice now is that the exchange rate for alt coins has been increased a bit.
legendary
Activity: 3542
Merit: 1352
Yah the price of bitcoins in dollars increasing at very faster rate and probably it will increase till next year july.

It's struggling to go up, actually. Look at the price now. It seems that the fuel has somewhat ran out for this trip. Next week, we'll be able to aee whether we will continue going up or not.
newbie
Activity: 56
Merit: 0
Yah the price of bitcoins in dollars increasing at very faster rate and probably it will increase till next year july.
newbie
Activity: 28
Merit: 0
Bitcoin community in a nutshell: price rises 30%, suddenly people are talking about how "reasonable" or "possible" another 1500% rise is. Stay grounded in reality my friends!

We can always find justification for price rise if the price has risen and vice versa. This time the price rise could be related to next year's halving.
legendary
Activity: 2044
Merit: 1115
It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.

Nothing the comming year 2016 will show what the price is up to in the very longterm. Currently everything you see is short term.

Every long term starts somewhere. It could have started right now. A solid and stable uptrend until in June we have an huge panic selling rally pushing Bitcoin to 5K a coin is perfectly possible given the current coordinates. I might suggest that you keep stacking Bitcoin at any price under 500 dollars, then start buying slower but steady.

Bitcoin community in a nutshell: price rises 30%, suddenly people are talking about how "reasonable" or "possible" another 1500% rise is. Stay grounded in reality my friends!
legendary
Activity: 1400
Merit: 1001
It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.
We still have 38 weeks until halving. Many of us are expecting it to be major point is bitcoin price history. But bitcoin prosperity right now is good.
There is no bad news, only slightly positive ones, bitcoin is being accepted slowly but surely.
legendary
Activity: 1358
Merit: 1014
It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.

Nothing the comming year 2016 will show what the price is up to in the very longterm. Currently everything you see is short term.

Every long term starts somewhere. It could have started right now. A solid and stable uptrend until in June we have an huge panic selling rally pushing Bitcoin to 5K a coin is perfectly possible given the current coordinates. I might suggest that you keep stacking Bitcoin at any price under 500 dollars, then start buying slower but steady.
legendary
Activity: 1232
Merit: 1091
It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.

Nothing the comming year 2016 will show what the price is up to in the very longterm. Currently everything you see is short term.
legendary
Activity: 2436
Merit: 1366
It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.
legendary
Activity: 2044
Merit: 1115
Probably Gemini as you suggested, but if the pump cannot even be sustained until launch (tomorrow) I'm not sure how positive of a signal it is.

it's already going down again. we can't even maintain to keep the price at the $247-$248 levels. we'll probably fall back to below $240 again today.

This pretty effectively illustrates the futility of looking at 5 minute price moves and trying to discern any longer term impact or momentum...
hero member
Activity: 770
Merit: 500
The price has stopped at around $310 now. It is cool. If it stays around $310 for a few weeks, then good time is ahead.

it was 330 like few hours ago, now a little drop to 324, this is surely a new highest of this year, there were never a past-300 price that was so high since january

and it look to be stable enough
325 according to preev right now. The price's more stable I think. Bitcoin's price is the hot topic at the moment as it sky-rocketed from 250 to 325 only after a few days. This could be the new price of bitcoin after months stucked at 220-250 Grin
legendary
Activity: 3248
Merit: 1070
The price has stopped at around $310 now. It is cool. If it stays around $310 for a few weeks, then good time is ahead.

it was 330 like few hours ago, now a little drop to 324, this is surely a new highest of this year, there were never a past-300 price that was so high since january

and it look to be stable enough
sr. member
Activity: 322
Merit: 250
are we happy for the 328 or we need more ? like too much money could hurt but ok we try to stalbe beteewn the 350 if we can
hero member
Activity: 576
Merit: 503
Yes we will have volatility for several more years.But this will be volatility on the way up!!I can live with that.

Can you live with the two year bear market we just experienced. It could take another year to reach the $1200 level in 2013. That is three year in total.

yes, it's easy to live with that, because even though the bear market can last for years, we all know it's going to bull eventually, and when it does, it will go big.

go big or go home.

And anyway, 2 years is a troll exaggeration.
In hindsight, we can see the bear market lasted from dec, 2013 thru jan, 2015. More accurately expressed as one year.
newbie
Activity: 28
Merit: 0
The price has stopped at around $310 now. It is cool. If it stays around $310 for a few weeks, then good time is ahead.
full member
Activity: 126
Merit: 100
That's cool.
The price has been increased so much now. Smiley
I hope it will remain for a long time.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
I doubt that ALL the chinese are moving into Bitcoin - but consider they have over a BILLION POPULATION, 1 tenth of one percent of that (1 million) moving to buy 1 bitcoin would send the bitcoin price rocketing up.

 OK, realistically probably only a few tens or a couple hundreds of thousands of Chinese even know about Bitcoin - but that's still a lotta folks even if only a percent of them decide to push money into Bitcoin.

 Given most of the action pushing pricing up in on the Chinese exchanges, there HAS to be some sort of a Chinese link somewhere.


here is also a very nice article, adding another point: https://bitcoinmagazine.com/articles/chinese-exchanges-agree-bitcoin-price-has-nothing-to-do-with-capital-controls-1446233197

I would add one important point to our discussion on the Chinese market and exchanges. The two biggest exchanges do not have trading fees making bigger price swings and market manipulation much easier. That may also add fuel to the fire once the price increase pace starts accelerating.
Pages:
Jump to: