Bitcoin Price Jumps Above $4,800 for the First Time

Dyn@styN3rd

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Quote from: leonair on September 01, 2017, 09:11:57 AM

This is a very good news about bitcoin itself as it is show casing the power of it above any other crypto currencies, I believe that it will surpass the $5,000 mark before September ends. And maybe it will surpass or reach $7,000 mark before the year 2017 ends. It is not too late to invest in bitcoin though after all this events.

It's $4587 now on Coindesk but I am very positive with your prediction that it'll reach $7k before the year ends. It might go down a bit and could probably fall below $4k mark but knowing Bitcoin it could sky rocket again in just a blink.

panju1

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Quote from: Taxidermista on September 01, 2017, 07:30:35 PM

$4930

We seemed to have retraced pretty strongly after that. $5000 seems to have sparked off a big round of profit booking. This is actually good news, in my opinion. We could be poised for the next step after $5K.

Kyraishi

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Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

Keyword: Briefly.

Price has actually gone over $5000 on certain exchanges which is pretty crazy if you ask me.

But soon after that we saw the price go down to as little as $4690 which i think caught everyone off guard. This just proves that how dangerous a market in mania mode can be, it can be dumped without any warnings.

I think that there will be more corrections coming in soon, most likely driving price down to $4000 or less.

Pasnik

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Quote from: Clark05 on September 01, 2017, 10:11:14 PM

For sure bitcoin world as of now is very happy because the price is not 4800 dollars its already 4900 dollars and counting and I think last 1 hour ago the price reached 5k dollars. Correct me If im wrong but I see that. But maybe today the price will totally see that or meybe tomorrow . 5K is real lets celebrate and for sure itwill increase more because its bear months.

This is it, I think it will reach more than $5k and all would be happy for the price is increasing. This seems the good news for bitcoin holders. Yes lets celebrate price would be skyrocket.

timerland

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Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

Well that was very short lived. Currently, bitcoin is down to $4700 once again, which was a significant decline from the ATH of over $5000 on certain exchanges(never broke $5000 on coinmarketcap, though).

It's actually gotten lower than what we started with yesterday, that's how big of a dump it was.

Anyways, i think that currently price is over pumped. Anything over pumped will have to come down and i think that most likely it will come down by the end of the year. I think that $3k-$3.5k is the most likely scenario. Maybe it'll keep going up, i don't know. But i wouldn't take the risk myself of buying into the market right now.

Yuuto

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Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

There seems to be resistance at the $5k level.

When it got close this morning, it adjusted down $100 straightaway. Seems like some bears are determined to keep the price of bitcoin below $5k even though there are a ton of bulls out there trying to get into btc.

I would say that in the upcoming months, things are going to be even crazier. We should see $5k be broken this month, and perhaps $6k next month. After that though, it is highly likely that a dump will drive btc down to $4-5k and hopefully stabilize there.

Anfisman

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Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

I have a good prediction for bitcoin in september until the end of this year. Currently in Coindesk bitcoin prices almost reach $ 4900 and I am sure in the next few days bitcoin prices will be up to $ 5000. This is based on my observations over the last few days, I see bitcoin fluctuating but the increase price bigger than a decrease price. So, if you want to get a big profit, I think keep hold our bitcoin is a wise choice.

Clark05

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For sure bitcoin world as of now is very happy because the price is not 4800 dollars its already 4900 dollars and counting and I think last 1 hour ago the price reached 5k dollars. Correct me If im wrong but I see that. But maybe today the price will totally see that or meybe tomorrow . 5K is real lets celebrate and for sure itwill increase more because its bear months.

xypos

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Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

Currently the price is at $4900+, and seems to have no signs of stopping.

I would think that the price will at least $5k this month. Whether it is able to stay up there or not, i'm not sure. Depends on how segwit2x turns out, if it turns out well then we could well establish $5k as a floor for now.

Basically a $150 profit per coin at least in less than 24h once again, shows how crazy this currently is. I would be cautious entering.

Taxidermista

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$4930

Saidmod

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Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

This as i expected in early september i think this is a good sign that this september it may reach $5000 finally and by december i am looking forward to $6000-$7000 price range before the year change.

logicgate

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Quote from: giletto on September 01, 2017, 01:25:49 AM

We are on the right path. C'mon bitcoin. Let prove to us that you can become better, greater and more expensive. More investors have spent more and more money on bitcoin. Not only bitcoin, the whole crypto market has also increased, too. Cryptocurrency is now the trend of this decade

Unbelievable! Two days ago it was 4575 dollars and now it is 4715 dollars Shocked

Dude sometimes when I check the new price, I get stoned. For few moments I don't believe my eyes. Though I expect the rise already but still every time watching it converting into reality is shocking. Bitcoins rock!! Feeling out f the world!!!

Coffee135

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I like the behavior of bitcoin this year. Every year bitcoin is growing exponentially. A little more and I really start to believe that it is possible to become a millionaire. We'll see what happens, but the price is $ 5000 I also like.

AngelSky

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Quote from: leonair on September 01, 2017, 09:11:57 AM

Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

This is a very good news about bitcoin itself as it is show casing the power of it above any other crypto currencies, I believe that it will surpass the $5,000 mark before September ends. And maybe it will surpass or reach $7,000 mark before the year 2017 ends. It is not too late to invest in bitcoin though after all this events.

You are correct .Not many People accepted this.The price of bitcoin reaches 4800$+.This shows the growth of bitcoin in a couple of days and weeks. At August 1 ,some may thought the bitcoin will disappear. But the bitcoin over come all the things and shine after that also.Here is the proof for that.

kwukduck

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Quote from: NeuroticFish on September 01, 2017, 12:13:47 AM

I don't want to sound like Kwuckduck, but it's rising too much, too fast. $4800 looks great, $5000 and $8000 prognosis is wonderful.
But sooner or later a correction has to come. And it will hurt. I don't know if this is going to happen before the SegWit2x schedule or later (next year?)... with some luck it will be as short as the pre-SegWit turmoil.

You don't "sound like KwukDuck".
You sound like one of very few people here with some sanity and realism left in his brain.

leonair

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Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

This is a very good news about bitcoin itself as it is show casing the power of it above any other crypto currencies, I believe that it will surpass the $5,000 mark before September ends. And maybe it will surpass or reach $7,000 mark before the year 2017 ends. It is not too late to invest in bitcoin though after all this events.

Koadharber

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Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

Checking on the latest price on Preev.com it is already on 4811 range which im sure we do really reach on a new ATH on bitcoins price we im really glad that we did able to break that 4500 resistance and now price do play on these ranges 4800 and below and for those investors or users who did bought on 4400 for sure they are on profits as of now specially on short traders. Bumping up its price surpassing 5k level in next month is really possible we are just only $200 away on it.

coinbillionaire

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There is many good news on Bitcoin that justifies the $5000 price which I guess will be here to stay by this weekend already.

Like that Bitcoin is even better than GOLD. Many articles in big newspapers on this soaking more traditional investors into where the profit is.

I dont see it as enthusiastic tho as many in the Bitcoin community. The references to bitcoin reaching 100k seem to be largely from people HODLING bitcoin and wanting it to rise.

Remember the tulips in holland? ... I guess people were just as enthusiastic until at some point it all crashed down.

Bitcoin has crashed a couple of times in the past, why exactly would it not crash again? Anyone got any good explanations for that?

I am HODLING my bitcoins of course but i am still a bit sceptic and the less people actually being sceptic, it scares me kinda

Quote

If this continues in future bitcoin value will be on 10k in some years.

In some years? Its rising like 1% a day or even more already. This would get to 10k within maybe 3-4 months if it keeps rising as it currently is rising.

reflector

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Quote from: no0dlepunk on September 01, 2017, 01:20:25 AM

Quote from: reflector on August 31, 2017, 10:47:48 PM

Bitcoin's price briefly passed above the $4,800 mark for the first time today.

According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.

Courtesy: CoinDesk

Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.

I am not quite sure if this would make sense, but It seems like the Chinese considers August as a ghost month that's why they did not make so much transactions... now that August has ended, expect them to be back in bitcoins and make it close to $10k before the ber-months end. CAVEAT!

In this year August block size has been increased and most of the people worry that bitcoin's value would fallen back to 1000$ but fortunately since splitting happens bitcoin's increased to next peak value. So it is good for bitcoin. If this continues in future bitcoin value will be on 10k in some years.

traderethereum

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soon we can see the price reach new highest price more than $5000 and its close to that price. maybe in next month the price will increase so high and only few people can buy a whole bitcoin. but for all of this, i am happy to see the new highest price and i am glad that i can exchange my bitcoin into money for buying something.

but i think the price is jump so fast because i see the price is at $29xx in almost two month ago and stay for a while but after that, the price is like can not stop and continue to increase until now we can see its more than $47xx. its good for bitcoin because i am sure that many people will open their eyes and more people will join with bitcoin. 2017 is the greatest year for bitcoin, the price is moving up, many people interesting with bitcoin and they are curious why the price is up so high especially in this year.

Topic: Bitcoin Price Jumps Above $4,800 for the First Time (Read 1486 times)