Pages:
Author

Topic: Bitcoin Price Tops $1,000 in First Day of 2017 Trading - page 3. (Read 2173 times)

sr. member
Activity: 294
Merit: 250
It is a great news for them who bought bitcoin when it's price was under 400$.I bought 10btc when bitcoins price was under 500$ and now I am in a very good position.I think I should not be too greedy and better to convert bitcoin to fiat.Because in 2017 bitcoins price won't increase much I think.
hero member
Activity: 2646
Merit: 686
The price of bitcoin inched upward over the course of trading today, passing $1,000 for the first time on CoinDesk Bitcoin Price Index since early January 2014.

Though the price (at press time) was still shy of a three-year high of $1,023 set in January of that year, the milestone nonetheless marks a bright beginning to 2017 for the digital currency. (Bitcoin appreciated by more than 100% in 2016).

The price had reached as high as $999 earlier in the day only to fall back to the $960s, a pattern that was similarly observed over the last week of trading as bitcoin failed to build momentum toward $1,000.

The increase notably took place during what was a day of lower-than-average trading volume, 7-day exchange data from Bitcoinity reveals.

As asserted by analysts, 2017 is expected to be a banner year, one that could finally lead the price to pass its all-time high of $1,216.7 set in 2013.

Source : http://www.coindesk.com/bitcoin-price-1000-january-1-2017/

Indeed my friend it is a pretty good year. I had posted once that prices shall touch 1000$ soon and so did it. I do feel if the global uncertainty continues then it should be reaching anywhere around 1200-1500$. But that would be more clear from Jan when our president elect takes office and makes decision. It will be interesting to see what he could do. Will brexit officially happen. There so much that can take btc upwards.
full member
Activity: 154
Merit: 100
Very bullish for 2017!!!
sr. member
Activity: 381
Merit: 250
Wow.Nice, it seems that
this year will be a great year
for bitcoin.
hero member
Activity: 826
Merit: 501
I think this year was great, it starts with bitcoin prices are very high. within 2 days, bitcoin prices almost reached $ 1,000, even some who have come to the market price of $ 1,000. this time I just wanted to see whether this price will last a long time, or the holder bitcoin will drop its price, some people may be able to benefit from this.
I think the bitcoin price in February will drop because of sudden pumping of the price the next to it is dump so better to trade or convert your bitcoin now. So i will suggest that while the bitcoin is so high convert or trade it now or you will loose the pick price.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
I think this year was great, it starts with bitcoin prices are very high. within 2 days, bitcoin prices almost reached $ 1,000, even some who have come to the market price of $ 1,000. this time I just wanted to see whether this price will last a long time, or the holder bitcoin will drop its price, some people may be able to benefit from this.
legendary
Activity: 1218
Merit: 1007
Stockmarket linkage possibly
Possibly, but it is more than likely a lot of speculators were also jumping at the opportunity and, based on the market, everyone still thinks it has a real chance to go higher and higher than it did before.

More people would be selling if they were worried, right now the market seems content sitting near the $1k mark and chances are they won't get worried anytime soon.

If the stock markets start to go up, we might see a sell-off. I don't know for sure.
legendary
Activity: 1358
Merit: 1000
Stockmarket linkage possibly
newbie
Activity: 10
Merit: 0
The price of bitcoin inched upward over the course of trading today, passing $1,000 for the first time on CoinDesk Bitcoin Price Index since early January 2014.

Though the price (at press time) was still shy of a three-year high of $1,023 set in January of that year, the milestone nonetheless marks a bright beginning to 2017 for the digital currency. (Bitcoin appreciated by more than 100% in 2016).

The price had reached as high as $999 earlier in the day only to fall back to the $960s, a pattern that was similarly observed over the last week of trading as bitcoin failed to build momentum toward $1,000.

The increase notably took place during what was a day of lower-than-average trading volume, 7-day exchange data from Bitcoinity reveals.

As asserted by analysts, 2017 is expected to be a banner year, one that could finally lead the price to pass its all-time high of $1,216.7 set in 2013.

Source : http://www.coindesk.com/bitcoin-price-1000-january-1-2017/
Pages:
Jump to: