Bitcoin rose to $8000 again. The turnover is increasing rapidly.

n691309

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Quote from: raidarksword on June 20, 2018, 10:02:57 PM

No one can predict what bitcoin's price gonna be, even John McAfee is just speculating from time to time, it doesn't make price go up. Let's just wait and hold what's gonna be, still bitcoin is gonna be pushing back up this year, we can make it.

 I really do not see it as what we think but what we know and right now, we do not know anything.
We are just hopeful and optimistic that bitcoin would surprise us all positively before the end of the year and then, we really cannot predict the future since anything can happen.
 
I am hoping it rises up to $12,000 - $15,000 but above that is what I would just hold on for 2019 cause I do not really see the possibility of that but like I said, no one knows.

raidarksword

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No one can predict what bitcoin's price gonna be, even John McAfee is just speculating from time to time, it doesn't make price go up. Let's just wait and hold what's gonna be, still bitcoin is gonna be pushing back up this year, we can make it.

crppri

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Quote from: Fulmand on April 17, 2018, 02:36:40 AM

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

All I can say is this just a clear message that bitcoin is not a hoax or scam that many people are stating. Clearly they are wrong with all their speculations that bitcoin will die off soon. And clearly this shows that contrary to what they are saying that bitcoin will continue to drop but instead the price increases and it has stayed in that price for weeks now. I believe that the price wilL continue to rise and will make people losing faith in it due to the naysayers to rekindle their belief. Also with the recent price posotive movement many new investors will join the cryptocurrency industy.

totally agree with you, bitcoin is going nowhere, it will rise and stand tall among all. this time bitcoin price will be huge as compared to previous records what i expect is Bitcoin will go higher than 40k$.

WANBANGCOOL

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Bitcoin price is unstable these days. It declined from $10000 to $8818. We can see the bitcoin is a little bit weak now. It may decline in the future.

peter0425

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Quote from: CrazeCoinz on April 22, 2018, 06:29:39 AM

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

This is good as we are now heading to a new level and we can say goodbye to the bearish months that really give us treat and I almost sold my coins. Thanks to my patience I can see a brighter future in here.

Yeah, finally the bears is now on hibernation and finally, we are all hearing the herds consolidating and preparing for a bull run which has just started in my opinion.

Well, patience is really the key here, specially if you have been in this kind of situation, you will not sell at this dips unlike newbie traders. So definitely everything is now on our favor because the bull run has just started. And it seems that it likely that $9K will be hit in the next few days as we are just a few hundred dollars from it.

Coffee135

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Quote from: CrazeCoinz on April 22, 2018, 06:29:39 AM

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

This is good as we are now heading to a new level and we can say goodbye to the bearish months that really give us treat and I almost sold my coins. Thanks to my patience I can see a brighter future in here.

What do you see as a bright future? Now the price is going up because a few whales buy a large number of coins. But what will happen to the market when they start selling these coins? Bright future will only be when the number of small users will grow. But it is still very far away. Now the market is in the hands of speculators.

CrazeCoinz

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

This is good as we are now heading to a new level and we can say goodbye to the bearish months that really give us treat and I almost sold my coins. Thanks to my patience I can see a brighter future in here.

Whosdaddy

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Quote from: Fulmand on April 17, 2018, 02:36:40 AM

All I can say is this just a clear message that bitcoin is not a hoax or scam that many people are stating. Clearly they are wrong with all their speculations that bitcoin will die off soon. And clearly this shows that contrary to what they are saying that bitcoin will continue to drop but instead the price increases and it has stayed in that price for weeks now. I believe that the price wilL continue to rise and will make people losing faith in it due to the naysayers to rekindle their belief. Also with the recent price posotive movement many new investors will join the cryptocurrency industy.

Whoever wants to have such an opinion can keep up with whatever they wish to think as we cannot stop them, but a time will come when they will definitely wish they did not. As things are, over the years, we have always had fluctuations and even in other markets such as stock, Forex, there will always be a downtrend, and that really baffles me why some people would think because they are seeing a downtrend, bitcoin sucks or it is a hoax, I guess that shows how limited they are in knowledge.

It is good to see the whole market really alive and seeing bitcoin recovering but we really do not have much to say for now until we really see a glaring move to see that yes, we are really getting there. However, the whole altcoin market right now is really showing some great improvement and that is good while some may be having some little bit of correction after the bullish momentum we have seen so far. Let's see how these few days will end up turning out to be.

katiecbell

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Quote from: AK47- on April 18, 2018, 11:03:03 AM

But this growth of Bitcoin price was not gradual but sudden. This isn't a sign of organic growth. I doubt if this is an actual growth and not artificial, deliberately done by some big holders o exchanges. I don't think market has really recovered from the bear phase and now will continue in bullish. Regarding increase in daily turnover, we always see such increase when a price moves up because traders start putting in their money out of FOMO.

Yeah and this too much volatility is not good for bitcoin. I want that the price of bitcoin should increase gradually and permanently. I don’t want sudden jump in the price because after some days the price falls again and many investors lose their money of they don’t have such a huge amount of money for investment. I also doubt that big investors are on the back of fall and rise.

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Quote from: Yatsan on April 18, 2018, 11:24:04 AM

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

Indeed true and probably that is because of the market volatility the market price of Bitcoin tends to be changing from time to time and it includes up and downs in its market value. Moreover, holding is the best thing todo as welk as to avoid selling in order to not lose profit due panic. Full recovery had a high probability to happen this year so just wait and be patient.

The price is increasing but 8000 dollars is nothing because we have already seen 19000 dollars? There is a big gap between 19K and 8K. Now the price is increasing and I hope that it will grow more and more with the passage of time and till the end of the year it will cross 20000 dollars. 2018 is the year of bitcoin and many people has big expectations from bitcoin in this year.

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Quote from: jaocoincrypto18 on April 20, 2018, 06:20:57 AM

Quote from: DigitalFox on April 17, 2018, 03:23:32 PM

It's too early to make predictions yet, there is no stable growth trend. We'll hugely depend on the news.

Indeed and this is not the pump that we are looking for because for me anytime this rising performance may fall down again in which this price increase for me is just a normal series in the market. What i am looking in the market is a sudden price increase which is a fast moving trend that will equal the last year performance then that will be the time i think i will rejoice with full confident of the market.

I don't actually agree with that. What happened last december isn't normal and i don't think spikes like that is healthy for btc since its almist certain that there's a correction on the same level. A gradual increase is preferable than a sudden pump.

jaocoincrypto18

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Quote from: DigitalFox on April 17, 2018, 03:23:32 PM

It's too early to make predictions yet, there is no stable growth trend. We'll hugely depend on the news.

Indeed and this is not the pump that we are looking for because for me anytime this rising performance may fall down again in which this price increase for me is just a normal series in the market. What i am looking in the market is a sudden price increase which is a fast moving trend that will equal the last year performance then that will be the time i think i will rejoice with full confident of the market.

avp2306

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Quote from: robotrobert on April 20, 2018, 02:42:30 AM

Quote from: Slow death on April 18, 2018, 01:15:39 PM

You started very well in praising bitcoin and showed good optimism, but:

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017.

until you have remembered that the price fell more than 60%, in all the news channels publish good news but always remember that the price fell 60%, it seems that the bitcoin price was fixed of $20,000 and that this fall was a great tragedy, but the price was not set at $ 20,000, no one has determined that since its creation the price will be $20,000 so why people constantly remember that the price fell 60%? we have to forget this 60% drop and move on

Absolutely, no one can predict the accurate future market but just can give an idea and self-opinion about it that in future Bitcoin price will go high or may be fall again. So, no one knows nothing but can experience the market according to the supply and demand percentage. Around 0.33% people are using Bitcoin out of the whole world population. It is a very good sign and this is increasing rapidly.

No one can actually predict but we have a basis that the rapid growth are occuring on end of the year and mostly the demand will rise at that time that's why we can see the price go run so hard and hype came over the ecosystem and price stretch for even more harder. And although there are low number of people using bitcoins at this point we can still rely on crypto economist since still their words could bring good hype and good profits to us.

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

And its continue to grow and moving pass $8000 and the next target is $8500. So yes we are in upward trend and isn't it good to see it for a change after the bears has been taking over the market for the last 3 months.

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

Of course it only make sense that when bitcoin starts to recover, more investors renewed their interest not just bitcoin but the whole crypto verse so its going to exciting in the next coming months as we might see another bullrun.

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

On the contrary, I think more people will really pour their cash on bitcoin after paying all their taxes for this year. There was one speculation going around that after the Tax day in US, bitcoin will bounce back, exactly what we are seeing today.

robotrobert

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Quote from: Slow death on April 18, 2018, 01:15:39 PM

You started very well in praising bitcoin and showed good optimism, but:

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017.

until you have remembered that the price fell more than 60%, in all the news channels publish good news but always remember that the price fell 60%, it seems that the bitcoin price was fixed of $20,000 and that this fall was a great tragedy, but the price was not set at $ 20,000, no one has determined that since its creation the price will be $20,000 so why people constantly remember that the price fell 60%? we have to forget this 60% drop and move on

Absolutely, no one can predict the accurate future market but just can give an idea and self-opinion about it that in future Bitcoin price will go high or may be fall again. So, no one knows nothing but can experience the market according to the supply and demand percentage. Around 0.33% people are using Bitcoin out of the whole world population. It is a very good sign and this is increasing rapidly.

fabiorem

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We had a quadruple bottom, and the price didnt spike up.

This is happening because theres a tug of war between the people and the Cartel.

And the Cartel seems to be losing it. They are selling to themselves, but sooner or later the margin for profit will grow thin, and they will have to drop it.

Noticed that there is no talk about Nasdaq futures anymore? They said they would start it in April. And here we are.

Webetcoins

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Quote from: vickybitcoin on April 17, 2018, 08:32:37 AM

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

Yes it is and i am very happy with this positive movement of price. When it suddenly reach to that price many were speculative that is just a hype but for weeks now the price stayed strong at 8k and has not drop contrary to what the negative speculations are stating. I can feel that the price is really increasing!

The increase in the market value of bitcoin and that too after this much period is no one a very good news for all those who are there in the world of the crypto currencies especially the ones who have invested their money into bitcoin. This is an indication to this thing that things will be much better in the future and that the current market situation is asking all of us to keep on holding our coins.

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

That's indeed true. The majority of the market is now showing positive signs that it is now starting to recover from the continuous dumps in the market in the beginning of this year. If this would continue for atleast a month, full recovery is expected to happen. This is also a valid reason to invest while the price is still low to earn huge profit as its value is increasing.

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

The data isn't really fascinating since the volatility of bitcoin's price is really high but nonetheless it still is a positive sign that we might be heading towards the greens in the next coming weeks/months. I don't want to get my hopes up too much yet but with the plans laid out by institutional investors on building services around bitcoin and the blockchain, this could warrant yet another bull run.

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In 2014-2015, there were many innovative services that was launched yet the market remained on a slump until Q3 2016 since these services haven't gotten any widespread attention, and if there was, it's only short-lived. What the market needs--unfortunately--is the attention of the masses and not blockchain-related advancements for the price to push. Innovations, though a good thing, isn't really a sufficient mover if you're looking at it price-wise.

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

The tax season is over in most parts of the world so it might mean a go for most traders to buy and buy and buy. The crash simply means that the gains up until December 2017 is unsustainable, and there's no way the push can still be done so most traders already sold. As for Q1 2018, most traders sold due to the tax season, and now we see that the price is already recovering since that is already done.

Slow death

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You started very well in praising bitcoin and showed good optimism, but:

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017.

until you have remembered that the price fell more than 60%, in all the news channels publish good news but always remember that the price fell 60%, it seems that the bitcoin price was fixed of $20,000 and that this fall was a great tragedy, but the price was not set at $ 20,000, no one has determined that since its creation the price will be $20,000 so why people constantly remember that the price fell 60%? we have to forget this 60% drop and move on

Altcoins enthusiast

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I think we should have to invest now that the price of most coins are moderately cheap and investing in them is going to make us money in days to come. Bitcoin is going to recover but when is what most of us cannot really tell.

Yatsan

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

Indeed true and probably that is because of the market volatility the market price of Bitcoin tends to be changing from time to time and it includes up and downs in its market value. Moreover, holding is the best thing todo as welk as to avoid selling in order to not lose profit due panic. Full recovery had a high probability to happen this year so just wait and be patient.

AK47-

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But this growth of Bitcoin price was not gradual but sudden. This isn't a sign of organic growth. I doubt if this is an actual growth and not artificial, deliberately done by some big holders o exchanges. I don't think market has really recovered from the bear phase and now will continue in bullish. Regarding increase in daily turnover, we always see such increase when a price moves up because traders start putting in their money out of FOMO.

abayan

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Quote from: xIIImaL on April 17, 2018, 11:03:00 AM

Quote from: vickybitcoin on April 17, 2018, 08:32:37 AM

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

Yes it is and i am very happy with this positive movement of price. When it suddenly reach to that price many were speculative that is just a hype but for weeks now the price stayed strong at 8k and has not drop contrary to what the negative speculations are stating. I can feel that the price is really increasing!

Along with this I have noticed the thread which shared about the Chinese government's positive move about bitcoin made me happy today. I think we can expect the 10k USD before this month ends out.
Yesterday I see 200 USD dump in the market and today all the cypto currencies value recovered in the market.
Hope we will find the bitcoin price reach the second time peak value even in this year as well.

Wow! This is totally great. We've been thinking about China being against bitcoin in their country, and now they have positive remark about bitcoin.
I believe that they have seen the opportunity it offers to a lot of company now. We are very happy to know that bitcoin changes the perspective of the Chinese that made them decide about bitcoin.

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Quote from: myhoho on April 18, 2018, 10:05:00 AM

Bitcoin is now drawing an decreasing triangle and this is scaring me.
I hope its going to break out to the positive side but it must go over 10000 usd to proove thi smovement.
lets wait and pray for bitcoin

What is there to be scared about? Whatever happens, it's not within your capabilities to do anything about it. Instead of getting scared of a potential scenario, make sure you are prepared for what has to come. The thing is that whatever technical analysis is pointing out right now, only requires a bunch of whales to troll everyone by making their precious technical analysis become a near worthless indicator in a very short time.

Let the market do whatever it is going to do; it has nothing to prove and nothing to deliver to anyone. I definitely get it that people aren't yet comfortable with current market, but there is no need to exaggerate the situation either. I can comfortably watch how the market moves either up or down, because each direction means a good outcome for me. People worrying about the market to go up are stuck in a situation where they purely depend on one single outcome, which is never a good way to approach the short term market. If you're not a trader, then it's entirely pointless to focus on what the market right now is doing. Either trade the market how it comes, or just hold your coins and focus on the long term. Pretty simple.

myhoho

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Bitcoin is now drawing an decreasing triangle and this is scaring me.
I hope its going to break out to the positive side but it must go over 10000 usd to proove thi smovement.
lets wait and pray for bitcoin

BillCoin

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I doubt that it is a turnover as there is not really a reason for this price increasing so fast.
And we all know what happens, where there's no reason for bitcoin's price increasing so fast, it usually drops badly.

We can see a strong resistant point at about 8,400$, this resistant point won't be broken unless something special happens.
People already got used to this price range, and seems like they are willing to sell at any point above 8500$.

bitbunnny

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Honestly, I don't expect some rapid movements of the price, at least not in the upcoming period. Although the Bitcoin price is hard to predict and many factors could intiate sudden change I think that in the next couple of weeks the price will remain in between 7500$ and 8200$, don't think it will go further than this.
For some biger signs of price recovering we will have to wait for a while.

barbara44

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

The price got up, but I don’t really see any rapid move from the way it moved, it was moving slowly. It even dropped down to the price rate of $7,900 yesterday night and before today it got up to $8300 again. But that’s no problem, cause this is a sign that we are going for something huge again.

I know that some people will still end up quitting, but I won’t really blame them, not everyone has the courage it takes to withstand what you see in this. Those that usually fell off are those who were more interested in the money, but ain’t getting it. If you’re the greedy type, it won’t work for you… This is not free money, you gotta work for it or buy it.

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again.

i disagree with your title and this line here.
the price went up fast not "continuously" which shows the buy support is standing on the lines to jump in rather than being in already and buying bitcoin. and as we can see from past 2 days price is stuck around $8000 and is currently below it most probably because someone doesn't want it to rise so they keep selling into it and crashing it down.
also about the "make alive again" comment i have to say bitcoin is alive the rest not so much. we can see they are all red again ever since bag holders started taking their money out.

Armstand

hero member

Activity: 626

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Quote from: just_Alice on April 17, 2018, 01:45:08 PM

The market is definitely recovering, but we can't make any predictions yet, as Bitcoin has been steadily increasing for only a week now. I think there might be another decline, due to newbie investors, who bought BTC in Dec-Feb 2017 and then lost money, but didn't want to sell it while it was too low. They may think that it's the highest point now and sell out everything.

We can make a prediction at least based on our own understanding and target price of the market. Putting expectations may only be our resort to at least hold on to it. But don't put too high expectation that will make you sick whenever it didn't happen. Be realistic.

[email protected]

member

Activity: 365

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I actually know from many predictions that bitcoin price will not totally fall. So the rate at which bitcoin is now is never a surprising thing. This could be the begin of price rises of the market value of bitcoin.

DigitalFox

member

Activity: 280

Merit: 28

It's too early to make predictions yet, there is no stable growth trend. We'll hugely depend on the news.

Lucas Riley

newbie

Activity: 64

Merit: 0

I still think we will test the 8400 mark before heading back down to previous lows of 5800 ish, hopefully at that point Elliot waves theory comes true and the descending triangle we see forming on the 1day chart will explode. This is my hope anyway

just_Alice

hero member

Activity: 1274

Merit: 622

The market is definitely recovering, but we can't make any predictions yet, as Bitcoin has been steadily increasing for only a week now. I think there might be another decline, due to newbie investors, who bought BTC in Dec-Feb 2017 and then lost money, but didn't want to sell it while it was too low. They may think that it's the highest point now and sell out everything.

hugeblack

legendary

Activity: 2702

Merit: 4002

Bitcoin is traded within a symmetrical triangle, medium hovering at $ 8,000 and a peak at $ 9000 and a bottom at $ 7,000 and $ 7500.
I do not think that Bitcoin will leave this triangle soon unless some good news as the lightning network and the laws of regulation.
Everyone said taxes are the cause of this rise, but it does not seem to have a long-term impact[Do not expect mad rises soon].
Just keep HOLDING.There is no reason to sell

tora

member

Activity: 532

Merit: 13

Bitcoin,and most other cryptos, has been rising recently although at a slow pace. I think a continued,but steady, rate increase will be better than the surge experienced last year.

xIIImaL

legendary

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Quote from: vickybitcoin on April 17, 2018, 08:32:37 AM

Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

Yes it is and i am very happy with this positive movement of price. When it suddenly reach to that price many were speculative that is just a hype but for weeks now the price stayed strong at 8k and has not drop contrary to what the negative speculations are stating. I can feel that the price is really increasing!

Along with this I have noticed the thread which shared about the Chinese government's positive move about bitcoin made me happy today. I think we can expect the 10k USD before this month ends out.
Yesterday I see 200 USD dump in the market and today all the cypto currencies value recovered in the market.
Hope we will find the bitcoin price reach the second time peak value even in this year as well.

vickybitcoin

newbie

Activity: 149

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

Yes it is and i am very happy with this positive movement of price. When it suddenly reach to that price many were speculative that is just a hype but for weeks now the price stayed strong at 8k and has not drop contrary to what the negative speculations are stating. I can feel that the price is really increasing!

zhekinsp

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

First of all no one can predict the exact prices even the CEO of blah blah too. Cheesy

But normally the crypto currency prices will starts to recover from April so that is also happening in this year too and there is a rapid price increase happened recently about $1000 price bump in 30 minutes.So it doen't looks like a normal bump so there are chance for price fall too but defenitely the bitcoin prices will recover but time needed for that is unknown.

Fulmand

sr. member

Activity: 568

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Quote from: WANBANGCOOL on April 17, 2018, 12:49:12 AM

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

All I can say is this just a clear message that bitcoin is not a hoax or scam that many people are stating. Clearly they are wrong with all their speculations that bitcoin will die off soon. And clearly this shows that contrary to what they are saying that bitcoin will continue to drop but instead the price increases and it has stayed in that price for weeks now. I believe that the price wilL continue to rise and will make people losing faith in it due to the naysayers to rekindle their belief. Also with the recent price posotive movement many new investors will join the cryptocurrency industy.

WANBANGCOOL

newbie

Activity: 7

Merit: 0

Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.

Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.

In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.

Topic: Bitcoin rose to $8000 again. The turnover is increasing rapidly. (Read 574 times)