Bitcoin Price Jumps Above $4,800 for the First Time - page 2.

alyssa85

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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.

It is rising too fast, but when you get a bull run like this, anyone trying to get in it's way tends to get crushed. By all means take some profits if you own bitcoin, but don't do any shorts, you are likely to get totally crushed.

Carlsen

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It is really interesting to see the price increases once again.
And that is happening even without the ETF approval in the US.
The investors from today, I think they are all normal people who see the potential of bitcoin (and I don't think many people can see that).
Imagine what will happen once ETF is going to be approved.
Every major investment company will to want to have a piece of the cake.
Wow....

miyong

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I Don't expect that bitcoin will go beyond my expectation. I am expecting that bitcoin will reach $5,000 at the end of this year but eventually it is almost $5,000 now.

pitiflin

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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.

Lot of people are considering this as a fact that bitcoin will reach 10000$ by the end of 2017 . Well I put my money saying that bitcoin will reach 7000$ at least and then the rest is history. Until then all you can do is wait and hope for the best.

doomloop

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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

bitcoin already proved us that bitcoin is better and more expensive coin that why bitcoin user increase day by day and every one invest their money in bitcoin bitcoin provesthat the day will become very soon every one will invest thier money in bitcoin and our country money will have no value and every one accept just bitcoin.

mondobitcoin

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More and more people are interested to bitcoin, so the price is growing up
I think and hope, that the price can grow up in the future
Maybe in the next year his price can be 10k

Dyn@styN3rd

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Being a newbie in cryptocurrency, I was really surprised seeing the price at $4700 mark few hours ago but oh boy it really reached the $4800 mark today! I bought a few BTC's 3 weeks ago at $4200 price as there's a prediction that it will reach the $5k mark soon which I think will be just around the corner now, few more days to a week perhaps?

Dudeperfect

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I am sure we are going to cross $5K mark soon but then we might see some downfall in the price because those investors who have invested at lower levels like $3,500 and nearby levels will book their profits at a milestone of $5K so for some time, it will keep fluctuating at $5K level and I am expecting the same level as of now between 20 Dec to 1 Jan. However, I am expecting further growth in the next year and mid term target of $8K considering the growth rate.

giletto

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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

RoommateAgreement

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Bazinga!

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

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.

it is not really called "falling" though. it is the normal fluctuations where price goes up and down in small increments. and as long as it takes 2 steps forward and 1 step backwards we call it a rise in general.

and yeah it is great, this rally is not going to end this soon. we are just getting started and in the following months we will continue to see the bull market and hopefully the SegWit2x issues don't cause a big bear market for us.

Zicadis

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Dump it!!!

Quote from: valentin68 on August 31, 2017, 11:17:59 PM

There is a logarithmic chart of the price of bitcoin that can be found here.
https://99bitcoins.com/price-chart-history/
From this chart it is very simple to say that now bitcoin will increase until 100000.

Expectations are too high for things to happen in less than 4years

Quote from: valentin68 on August 31, 2017, 11:17:59 PM

This increase of today will continue for other 3-4 years from now. So bitcoin will continue to jump, and jump and jump, until 100000. After this value we will have to wait pribably another 10-20 years for another increase to happen.

A continuous increase for 3-4 years without any dips or corrections is not possible neither is it possible to have stagnation for more than a decade without activity, let us not forget bitcoin is still the top crypto currency and every one new to the crypto world will have to go through it first which means rise in demand and price.

Bittoshi

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Quote from: valentin68 on August 31, 2017, 11:17:59 PM

There is a logarithmic chart of the price of bitcoin that can be found here.
https://99bitcoins.com/price-chart-history/
From this chart it is very simple to say that now bitcoin will increase until 100000. This increase of today will continue for other 3-4 years from now. So bitcoin will continue to jump, and jump and jump, until 100000. After this value we will have to wait pribably another 10-20 years for another increase to happen.

$100.000 is a lot. Damn, I really should buy more now, so that I end with 1 coin and not only some Satoshis in the end. Grin

Some say it will even rise up to $500.000 or more. Let's see where we end.

no0dlepunk

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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 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!

crazyivan

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I d be very cautions and say $5-5.5k by the end of the year. Next year we can probably double that. In 2019, people re going to start thinking about next halving and then, anything s possible.

btc_angela

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Quote from: Kemarit on September 01, 2017, 01:07:30 AM

It only mean one thing, investors are really seeing a bright future for bitcoin that is why they are willing to put their cash on the market. I haven't found any news though, whose pumping the price, only news that I read is that Gold investors suddenly flocking and going to bitcoin bigtime that's why the price is so high right now. Testing $5000 would also be a good condition and we will see if you can go there in a few weeks in this massive bull run will continue. It a correction could happen, so be it, just a normal process. Just hope that we can sustain $4600-$4700 so that it will be easy to break the $5000 wall. I don't want to speculate the price at the end of the year, but its definitely huge.

It only briefly touches $4800 though and its back to around $4600+. Its this the new psychological barrier for traders? I think so, so for me it will difficult to touch $5000 for now unless another positive news will come our way. The looming Segwit2x may bring us to that. I consider a healthy correction is needed again so that new people can get it and buy bitcoin back that will really push the price to $5000 or more. Yeah, at the end of the year we may see $8000-$1000. Its gonna be a good Christmas season for all of us then. LOL.

Kemarit

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It only mean one thing, investors are really seeing a bright future for bitcoin that is why they are willing to put their cash on the market. I haven't found any news though, whose pumping the price, only news that I read is that Gold investors suddenly flocking and going to bitcoin bigtime that's why the price is so high right now. Testing $5000 would also be a good condition and we will see if you can go there in a few weeks in this massive bull run will continue. It a correction could happen, so be it, just a normal process. Just hope that we can sustain $4600-$4700 so that it will be easy to break the $5000 wall. I don't want to speculate the price at the end of the year, but its definitely huge.

Singbatak

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It is good to see the bitcoin rise again and record a new alltime high. And because of this, the concept is growing. Maybe now in September. it will climb to $ 5,000 each. Because of the ongoing developments we expect it to increase until the end of the year.

Farma

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even when bitcoin reaches $ 4000 this year, it's also the first time. but, for the top price, I think bitcoin will indeed cost $ 4800 in the near future, and that will make it a lot of people make a profit.

audaciousbeing

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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.

Although we saw it coming and I didn't see it as a surprise and its bound to continue with that trend in the near coming days but at the same time, we should not be unweary of the challenges ahead as well because that is another factor to consider in the face of several opposition both from the crypto community and the entire government as well.

David Hoggs

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It is great to hear that, as its value is increasing day by day and I think it will be growing more than $6000 by the end of the year. Its increasing value is making it more and more popular due to which people are investing their money in it and holding them to double their earnings and gain huge profit.

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