Topic: Bitcoin Reaches Toward $7000 - page 2. (Read 595 times)

The market for bitcoin is always volatile. At times the price of bitcoin dropped below $ 6000 and did not increase again. But now, bitcoin is showing signs of recovery. The price of bitcoin increased to over $ 9000. This is a great thing for bitcoin investors.

It is showing a lot of resistance between $9,500 and $9,990 per coin. Also, we should remember that the Mt Gox trustee is dumping the coins under his control on a regular basis. If BTC manages to cross the $10K level despite all these obstacles, then it will be a great achievement.

I believe that we are done with the correction stage and now it is time to gain the momentum in the market. There are investors who are waiting for a positive signal from the market and we will see the upwards graph of the price. I am expecting the price to hit a fresh all-time high level before the next year. Institutional investors and big whales will also come back to exploit the opportunity but this time market will respond in a matured sense so we will see less FUD this time.

Yeah, crypto was quite because it was falling at that time. but now, crypto not only toward $7k, it is even going toward $10k now!
seems like it is the time for bullish market. you can see its price by yourself on the coinmarketcap. most cryptocurrency are green.

We can see the entire market fluctuating but still believe in a few months bitcoin will greatly increase. This is a time to buy and hold your bitcoin.

When you have the experience gained over several years involved in trading, one learns that the market does not stay all the time moving in major trends, but rather most of the time remains in these movements of low volatility ranges (maybe 80% of the time).

Therefore we must be patient because what is certain is that the possibility that the price continues to fall has been drastically reduced, and everything seems to indicate that the possibility of recovering the upward trend is only a matter of time.

Money does not grow on trees, but it happens that they grow up in blockhouses. Everyone can get additional coins, only by giving proof of possession of the bitcoins.

Some crypto-currencies, such as Stellar Lumens and Byteball, are trying to gain momentum by applying a new approach to the distribution of their virtual coins and attract new users, called "airdrop". At first glance, it may seem very unconventional, but it has its indisputable advantages.

Bitcoin currently enjoys the advantage of a pioneer. This means that it not only has the most users - tens of millions of people around the world, but also those who know more about this new technology than the average person. It was these users who made Bitcoin the most valuable network in accordance with Metcalfe's law.

So instead of competing with Bitcoin, why not lure the bitcoins themselves to try their platform based on the amount of funds they already have in the BTC? This would ensure not only wide coverage, but also put coins in the hands of people who could use them - especially while they "hold" their precious bitcoins as digital gold.

On June 27, Stellar launched its second airdrop, distributing 16 billion in the XLM campaign, which will last until August 27. Their first airdrop in October 2016, culminated in the distribution of 19 million lumens. In fact, Stellar's mandate is aimed at distributing 20% ​​of all lumens to bitcoiners for free. If you have bitcoins, then you can qualify for free lumens here. Owners of XRP can also participate in the free distribution.

How much can I get
Today, one lumen equals about 2 cents. If you have, for example, 10 BTC, then on assurances Stellar, you can get 9 866.83 lumens or about 200 dollars at today's rate. 100 BTC will provide you with a possession of 2,000 dollars in lumens, etc. To obtain lumens, follow the instructions. They include the registration of an account in Stellar and the signing of a message from your account of a new wallet to confirm the ownership of the BTC to a specific address at a certain point in time. This is similar to the signature of PGP, so do not worry - your private keys will not be disclosed to anyone.

Also you need to provide a Facebook account, although people who advocate for privacy should not have any problems (no one has canceled fake accounts yet).

Here is an example of how you can sign messages using the Trezor purse.

Byteball
Another altcoin, Byteball (GB), which currently trades at $ 570, is another crypto currency that distributes its coins to the owners of bitcoins. For every 16 BTC users receive 1 GB and for every 5 GB an additional 1 GB. To date, the company has already held seven hands of coins, and the eighth is scheduled for August 7, 2017.

Suppose you have 10 BTC. This means that you will receive approximately 0.625 GB or about 360 dollars. If you have 100 BTC, then you are shining more than $ 3,500. However, the Byteball coin distribution model is slightly different from the Stellar model. Although there is a message signed there and there. Byteball explains the procedure:

"To confirm your balances, install a wallet and talk to the transitional bot (you'll find it in the bot shop in your wallet). The bot will help you link your Bitcoin addresses and Byteball by making a micropayment or signing a message. "

If you keep your bitcoins in Trezor's purse, then here you will find full instructions on how to get free GB by signing the message.

What we are now seeing, while more like the so-called "short squeeze" - the closing of short positions of speculators

For me, it's expected that we are going for a break out because TA shows that we have hit double bottom already and the only logical thing is to go up which we eventually did today. I'm expecting that around the 1st week will be a good test, however, it didn't happened because of so much resistance.

But now this is the moment we all been waiting for, maybe the tax period has something to do with it or not. But once things for sure, this is a good sign that the bears will go on a hibernation because the bulls is awaken, and will go for a run.

A good day. On some exchanges, the price reached $ 8,000. But now the price is $ 7400. It is not yet clear whether the market has developed. We need to observe 2-3 days to understand this.

But who prints bitcoins
NO ONE. This currency is not printed by the central bank and does not work according to its rules. Banks can issue as much money as they need to cover the national debt, thus devaluing their currency
On the contrary, the issue of bitcoins is possible only in digital form, and anyone can start mining, or, as they say, minkot bitcoins at any time. Mining bitcoins occurs by using the computing power of the computer in a distributed network. When transferring bitcoins, transactions are processed by the same network, turning bitcoin into an independent digital payment system

It was an unexpected rise and there was a good amount of buy order but does this rise really attributed to the tax day, why would people sell off their coins to pay the taxes, will see how the market will move after the tax period and will determine how the market responds, i hope Q2 be a good period for the market.

Today, Bitcoin has raised to 8,000 US Dollars in a few hours. Then fell and stabilized at $ 7,700. Bitcoin prices will continue to fall in the coming days due to pressure from the US tax deadline. By December 2017, Bitcoin is valued at $ 20,000, so virtual money investors are required to sell Bitcoins to pay taxes. But after this period, demand for Bitcoin will be higher. And Bitcoin prices will grow again, albeit slowly.

bitcoin has lowered to $ 7000. The bitcoin market is no longer exciting. This is a good time to buy bitcoin. I believe in the next bitcoin will increase strongly again. Bitcoin will reach a new high of $ 20000. so people should buy bitcoin and i am also buying it.

These prices only come once in a while.

Thats for sure.

That would be possible to happen, we don't even know what will be the real happenings but we can predict by our own. The circumstances is in between and it depends on us on how are we going to go through it. Bitcoin is very known all over the world because of the high price and many people invested on it because they trust same with me.

Bitcoin price has been there for a while. I don't know what it means. is this a sign of decreasing a volatility value of bitcoin!? I have seen some players in tough situation to make decisions. every one believes bitcoin price will raise in quarter end of the year, but still there is no guarantee. markets psychology of this year is really different from previous year.

Looks like it didn't matter if Hillary or Trump won, we are going to end up in war anyway it seems... this sucks. It may pump the Bitcoin price to the moon, but what's the point if the world is destroyed? I just hope this doesn't escalate to ridiculous levels, and with Russia in the equation you never know. They need to get their shit together, both sides. I don't know if the gassing were real or not, but in any case, you must consider as a president, if trying to save a certain population with a missile attack will not end up in more casualties in the long run due the possibility of counter attacks escalating quickly from Russia and co.. we don't want that.

The world worry Trump is start bombing Syria soon that make bitcoin price take off a bit.
but Bitcoin is expected to drop further so litecoin is where I've got my funds until btc hits a solid bottom even now current price movement show quiet good