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Topic: Bitcoin value is returned to 1000$ again - page 2. (Read 2167 times)

legendary
Activity: 1652
Merit: 1088
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February 06, 2017, 02:57:42 PM
#37
I think speculators are hoping that the SEC approves the Winklevoss ETF. If it happens bitcoin will soar. If they decline, we might fall back to about $800.
legendary
Activity: 1372
Merit: 1252
February 06, 2017, 02:38:37 PM
#36
I think that PBOC intervention which destroyed margin trading in China created more stable market. Maybe $1000 is our new floor and become solid resistance level?
I also think price is growing more naturally now rather than quick dump/pump due to fake trading volume and free trading in chinese exchanger before. $1000 looks strong new floor for next pump rally  Wink

$1000 is looking like a nice new floor indeed. I hope we can maintain an entire month of $1000+ price, that would definitely consolidate bitcoin as a 4 figure asset and then everytime we go back to 3 figures it will keep getting quickly bought up back to 4 figures. At the end of the day it was good news the chinese PBOC stuff happened.
copper member
Activity: 1050
Merit: 500
February 06, 2017, 02:13:13 PM
#35
Well seems Bitcoin is showing that its new temporary floor is $1000+ this past days.  There is no indication of massive dump yet, and the market buy support seems steady.  I wonder if this temporary floor will be the basin of the next uptrend of price, I hope so but unexpected thing may happen.  I just hope the unexpected is Bitcoin breaking 2k wall not Bitcoin going back to sub $800 price.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
February 06, 2017, 01:12:37 PM
#34
Most of us here predicted fast return on 1000 dollars price. It was just a question of time and this is not a surprise. More important now is can we stay here, or we can expect new dump. In both case's this year started good for bitcoin, and generally I think this will be a good year for btc and for us.
hero member
Activity: 840
Merit: 504
February 06, 2017, 11:14:33 AM
#33
Here is view and senti about bitcoin's price bump.

http://www.coindesk.com/bullish-sentiment-fuels-bitcoins-return-to-1000/

Share your views on it guys.BTC
As a bitcoiners this success story glad me.You guys must be remembered that at the first week of january bitcoin price also cross 1000$ mark but unfortunately for only a short a while.Again it cross 1000$ mark,hope this time stable for a long duration though nothing has been stable this marketplace.Doubt anytime it can be dumped regular price.
legendary
Activity: 2170
Merit: 1427
February 06, 2017, 11:13:25 AM
#32
the thing that i believe is that nothing has changed. and bitcoin will continue to go up like before. China fake volume is now removed and nothing else Cheesy

Volatility will always remain, nothing can change that. However, it's the intensity of the volatility that should go down in the coming years. It definitely won't be a fast process, it takes time. Difference now PBOC has taken actions against Chinese exchanges is that people can no longer make use of the popular margin platform, and thus the exchange is forced to enable fees for their regular trading platform. Every massive pump or dump will now cost these people a considerable amount of money. These pump dumpers will think twice before recklessly making the price sink to far lower levels. Eventually the difference should be noticed. Give it some time.
legendary
Activity: 1946
Merit: 1137
February 06, 2017, 10:54:14 AM
#31
I think that PBOC intervention which destroyed margin trading in China created more stable market. Maybe $1000 is our new floor and become solid resistance level?
Serious bullish trend formed, with this kind of support $1000 is not the end of the road, we may see $1100 soon.

nothing has been stable ever sine the PBOC thing happened in China. price wend down and become very volatile in the first couple of days and after becoming stable at 910-920 range it went up to $1010 in a very short time. which was about a 10% rise and depending on how long it took to get there i wouldn't call it stable market.

the thing that i believe is that nothing has changed. and bitcoin will continue to go up like before. China fake volume is now removed and nothing else Cheesy
hero member
Activity: 1204
Merit: 500
February 05, 2017, 06:13:14 PM
#30
This time, the price of bitcoin really back at a price of $ 1000, and can safely say that this is a good thing. maybe for some people who are late to sell his bitcoin in January ago, is now happy, because they miss the opportunity that has come back again.
hero member
Activity: 1610
Merit: 507
February 05, 2017, 11:43:07 AM
#29
i am glad i can see the price hit $1000 again and this is happen in the 2 days ago until now, but the price is in good condition in the market so we can see that the price is getting down and up too often and i think we can make a good profit in trading bitcoin pair fiat. i hope that the price is not going to down but stable in $1000 and it will trigger altcoin to increse their price too.
hero member
Activity: 1190
Merit: 511
February 05, 2017, 11:25:56 AM
#28
I think that PBOC intervention which destroyed margin trading in China created more stable market. Maybe $1000 is our new floor and become solid resistance level?
I also think price is growing more naturally now rather than quick dump/pump due to fake trading volume and free trading in chinese exchanger before. $1000 looks strong new floor for next pump rally  Wink
The good market flow is just stating that bitcoin is in a good and stability nowadays and in the coming months. Yes no fake trading volume because of Chinese exchanger who distracted the market. And we have proven enough that bitcoin is continuing its good start ahead meaning that the demand is increasing continuously.
sr. member
Activity: 399
Merit: 250
February 05, 2017, 11:15:32 AM
#27
I think that PBOC intervention which destroyed margin trading in China created more stable market. Maybe $1000 is our new floor and become solid resistance level?
Serious bullish trend formed, with this kind of support $1000 is not the end of the road, we may see $1100 soon.
Part of the price drop can be attributed to this event, but I think the effect of the FUD related to this event was not so intense, I believe there are other factors which had a greater effect on the price. I think the problem was that Bitcoin had gone up in value very fast in the first weeks of the year, that made some people think there was a bubble effect on the scene.
legendary
Activity: 2436
Merit: 1008
February 05, 2017, 11:08:44 AM
#26
Here is view and senti about bitcoin's price bump.

http://www.coindesk.com/bullish-sentiment-fuels-bitcoins-return-to-1000/

Share your views on it guys.BTC

That is really expected since bitcoin price tremendously increase continously after passing to $500 last 2015. And it earns more strong foundation when we recently breached it again for the first time since the ATH period. And because the price decrease after that rally only landed at around $700, we have really reasons to speculate that the price will back again at that rate since $700 is a good standpoint for buying again another coins.

Bitcoin price, even will experienced lots of dumps, is heading only one dominant journey and that is to increase it's dollar value as time passes by.
hero member
Activity: 854
Merit: 500
February 05, 2017, 11:03:24 AM
#25
I think that PBOC intervention which destroyed margin trading in China created more stable market. Maybe $1000 is our new floor and become solid resistance level?
I also think price is growing more naturally now rather than quick dump/pump due to fake trading volume and free trading in chinese exchanger before. $1000 looks strong new floor for next pump rally  Wink
legendary
Activity: 1596
Merit: 1011
February 05, 2017, 09:04:18 AM
#24
it was 1000 in the recent months, but that was not as sustainable as of now.
probably starting from this time span, there are no surprise of dumping after a pump, where dump, if it becomes sustainable, is a support of price increase.
the price movement was stable and there was no significant surge. we have started a new era with entering 1000USD.
This should continue to survive and continue to grow in order to improve bitcoin prices in the future.
legendary
Activity: 1288
Merit: 1000
February 05, 2017, 08:03:16 AM
#23
I think that PBOC intervention which destroyed margin trading in China created more stable market. Maybe $1000 is our new floor and become solid resistance level?
Serious bullish trend formed, with this kind of support $1000 is not the end of the road, we may see $1100 soon.
legendary
Activity: 1232
Merit: 1000
February 05, 2017, 07:33:12 AM
#22
Here is view and senti about bitcoin's price bump.

http://www.coindesk.com/bullish-sentiment-fuels-bitcoins-return-to-1000/

Share your views on it guys.BTC

Over $1k is a price that we knew would come back. Will we break the $2k this year? That's another question. Bitcoin is here to stay and if it can work on improving the ideological split that has unfortunately evolved over the course of its lifespan, its infrastructure will become stronger. Bitcoin has to evolve.

Whether it hits $2k or not, people will be happy with the price run up over the past few months. This has happened in spite of negative news like the PBOC inspections, Bitfinex hacks, etc during the recent past. So looks like we are over $1000 for good now.  Smiley
legendary
Activity: 1568
Merit: 1005
beware of your keys.
February 04, 2017, 09:49:15 PM
#21
it was 1000 in the recent months, but that was not as sustainable as of now.
probably starting from this time span, there are no surprise of dumping after a pump, where dump, if it becomes sustainable, is a support of price increase.
hero member
Activity: 798
Merit: 500
February 04, 2017, 08:43:57 PM
#20
Here is view and senti about bitcoin's price bump.

http://www.coindesk.com/bullish-sentiment-fuels-bitcoins-return-to-1000/

Share your views on it guys.BTC

Over $1k is a price that we knew would come back. Will we break the $2k this year? That's another question. Bitcoin is here to stay and if it can work on improving the ideological split that has unfortunately evolved over the course of its lifespan, its infrastructure will become stronger. Bitcoin has to evolve.
hero member
Activity: 672
Merit: 500
February 04, 2017, 08:22:58 PM
#19
Well if it is true the current price of Bitcoin has reached 1000 dollars even more . during the last few weeks has reached 1100 dollars and then down again to 800 dollars this is a very good moment that bitcoin touch 1000 again especially for me . And if I look at the demand and supply at the current, Bitcoin price of 1000 dollars will rise a few percent more.
legendary
Activity: 1232
Merit: 1091
February 04, 2017, 08:14:09 PM
#18
I'm totally fine with the pop back up--it's not like I shorted bitcoin or anything, which I know some people are doing (crazy asses).  I'm just hoping this isn't another P&D where we immediately fall back to $750.  It'd be nice to see some sustainable growth.  It'd be nice, also, to see $2000.

The majority of the people are here only for the profits, so yes, they won't hesitate to cash out profits where they can. Current price increase happens a bit quicker than I would like as I prefer a stable growth that is more sustainable in the long term, but I don't consider this to be a pump at all. That however doesn't mean we won't fall back to lower levels again. I don't rule out a $900-$950 visit again in the coming weeks as I can't see the buy support hold the price above $1000 for too long.
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