This run up to the new all-time high has been nothing short of spectacular. Rumor has it that the pending SEC approval of three bitcoin ETFs could trigger another price increase in the following weeks. Is this just the beginning of a legit bull run or are we nearing the peak of the bitcoin price for the rest of 2017? These are a few things to think about while we enjoy this momentous event for bitcoin.
I don't think we are nowhere near the top, the growing has been very organic so I think we are bound to see some ridiculous prices in the following weeks and months. 
Topic: BREAKING: All time high has been achieved! (Read 1707 times)
This run up to the new all-time high has been nothing short of spectacular. Rumor has it that the pending SEC approval of three bitcoin ETFs could trigger another price increase in the following weeks. Is this just the beginning of a legit bull run or are we nearing the peak of the bitcoin price for the rest of 2017? These are a few things to think about while we enjoy this momentous event for bitcoin.
Might as well gets trashed by mods.
I've been excited about bitcoin for a few years now but the gains over the past few days have been remarkable. It has been such a joy to watch the price climb the way it has, and when you step back and reflect on the fact that a crypto-currency has developed in the way it has its just such a historical achievement.
This isn't making a whole lot of sense because we're hitting all time highs at the same time that fees are climbing and transaction times are increasing. It seem like it would be the other way around for some reason. Can somebody explain?
You're thinking about it backwards. Price rise causes the increase in transactions. Some people move their BTC to sell, some people take advantage of the opportunity to buy things and pay with BTC.
I guess that's one way of looking at it. But, it seems like if people we're selling off, it would drive the price down, and it seems like increased fees would reduce the frequency of smaller transactions which would then increase transaction speeds by reducing the stress on the mempool. Maybe I'm going to have to think about it a little more.
Maybe it is different this time with the transaction limit pressure, but in previous rallies payment processors like bitpay have reported huge jumps in bitcoin transactions. We'll have to wait and see how this plays out.
There is a bullrun now, the bitcoin is still on uptrend and gaining new high. It might reach the $2000 in the second half of this year barring untoward incident coming from china.
Time to SODL.
Remember: buy high, sell low! rinse and repeat.
Remember: buy high, sell low! rinse and repeat.
Nothing wrong with cashing out a certain percentage of your profits, but the thing is that this rally or whatever you want to call it isn't going to stop yet. People that happen to sell all their coins at once will find themselves in a bad situation when they see that the price continues to go up higher. That's why it's important to just sell a small percentage and keep holding the rest for when the price goes up further. After that you can cash out another percentage and buy back at the time the price dumps.
This isn't making a whole lot of sense because we're hitting all time highs at the same time that fees are climbing and transaction times are increasing. It seem like it would be the other way around for some reason. Can somebody explain?
You're thinking about it backwards. Price rise causes the increase in transactions. Some people move their BTC to sell, some people take advantage of the opportunity to buy things and pay with BTC.
I guess that's one way of looking at it. But, it seems like if people we're selling off, it would drive the price down, and it seems like increased fees would reduce the frequency of smaller transactions which would then increase transaction speeds by reducing the stress on the mempool. Maybe I'm going to have to think about it a little more.
Is there anything like "OFFICIAL ALL TIME HIGH" price of bitcoin? If yes, what was it before this latest ATH? One more thing, what is the new OFFICIAL ATH price of bitcoin?
The previous all time high value of bitcoin was recorded in November 2013, average price of $1,165.89 touched during those time and now it has once again broken every barriers and successfully moving forward and it is nearing $1200 when i last checked. If everything is allied in the right path we could see some new barriers and hopefully we would hear some good news by march 11. Is there anything like "OFFICIAL ALL TIME HIGH" price of bitcoin? If yes, what was it before this latest ATH? One more thing, what is the new OFFICIAL ATH price of bitcoin?
There is no "official", but Bitstamp is the best previous ATH of 1163, so keep watching Bitstamp prices for new ATHs.
This isn't making a whole lot of sense because we're hitting all time highs at the same time that fees are climbing and transaction times are increasing. It seem like it would be the other way around for some reason. Can somebody explain?
You're thinking about it backwards. Price rise causes the increase in transactions. Some people move their BTC to sell, some people take advantage of the opportunity to buy things and pay with BTC.
Is there anything like "OFFICIAL ALL TIME HIGH" price of bitcoin? If yes, what was it before this latest ATH? One more thing, what is the new OFFICIAL ATH price of bitcoin?
Yeah kinda funny Bitcoin hits all time high in all aspects, Price, Unconfirmed Tx, Transaction Fee, what else?
Difficulty - https://bitcoinwisdom.com/bitcoin/difficultyAnd market capitalisation.
Time to SODL.
Remember: buy high, sell low! rinse and repeat.
Remember: buy high, sell low! rinse and repeat.
This is the most awesomest thing I have ever seen in my whole life!
Today is a historic day for bitcoin indeed.
Well done bitcoin! You have done it finally amist a whole lot of bad and the a little bit of good.
Well done!
Today is a historic day for bitcoin indeed.
Well done bitcoin! You have done it finally amist a whole lot of bad and the a little bit of good.
Well done!
Official: No HODLer has ever lost money on Bitcoin.
It is really good to have bitcoin in this state, which is never gets low to $800 again, I'm hoping that bitcoin will be stable $1000 per bitcoin, so that I have motivation on posting and doing signature campaign lol, though it is the truth.
Let's just hope that the bitcoin users in China won't DUMP their coins because it will really affect the current price of bitcoin.
I think now their wont be possible as per the old news China is no more the real holder or bitcoin as their government have banned bitcoin trading for some time due to this they are not able to do anything in the market.
It's good to see bitcoin price has reached almost 1200 dollars.Nowadays if you notice you can find out bitcoin price is increasing daily by around 30 to 40 dollars.I am just thinking what will be it's price, by the end of this year? It may cross 5000 dollars definitely, if it's price is increasing at this pace provided if there is no intervention of any governments. And unfortunately it will be the end of all bitcoin faucets.
What a time to be alive...
It's good to see that bitcoin price is keep rising after new year period. And I hope it's not the end and soon we will see more records of bitcoin price.
Lol, when I joined bitcoin, it price was lower than $200 and I didn't had expectations that it will reach even $1000. I'm happy that I wasn't right
its really enjoying seeing the price really rising and keep its movements positive for all of us who holding it and from the time being bitcoin are really showing big potentials, you are so lucky to find it as early when the price still cheap if you hold it until now you are enjoying much bigger. It's good to see that bitcoin price is keep rising after new year period. And I hope it's not the end and soon we will see more records of bitcoin price.
Lol, when I joined bitcoin, it price was lower than $200 and I didn't had expectations that it will reach even $1000. I'm happy that I wasn't right
Yeah kinda funny Bitcoin hits all time high in all aspects, Price, Unconfirmed Tx, Transaction Fee, what else?
Difficulty - https://bitcoinwisdom.com/bitcoin/difficultyAnd market capitalisation.
What a time to be alive...
It's good to see that bitcoin price is keep rising after new year period. And I hope it's not the end and soon we will see more records of bitcoin price.
Lol, when I joined bitcoin, it price was lower than $200 and I didn't had expectations that it will reach even $1000. I'm happy that I wasn't right
It's good to see that bitcoin price is keep rising after new year period. And I hope it's not the end and soon we will see more records of bitcoin price.
Lol, when I joined bitcoin, it price was lower than $200 and I didn't had expectations that it will reach even $1000. I'm happy that I wasn't right
Yeah kinda funny Bitcoin hits all time high in all aspects, Price, Unconfirmed Tx, Transaction Fee, what else?
Difficulty - https://bitcoinwisdom.com/bitcoin/difficulty
Whenever this happens I actually become even more nervous for a crash.
Bitcoin HODLER not affected
Hold the...BITCOIN!
Number of unconfirmed Tx has broken all time high as well
Bitcoin HODLER not affected
Hold the...BITCOIN!
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That's right, bitcoin broke it's record of all the time. The next point is going to be 1200$. Bitcoin's temps of grow don't stop to surprise. But I expect some new fall will fallow, cause of it's normal thing for bitcoin.
i am agree that next price that we should reach is $1200 but we need more time before we can see that price. but i think like Taki said, there is always a correction for the price before its increase soon so its better for us to still follow the market and make profit from the different price. but i hope the fall is not to deep because if this is happen, then the price is getting hard to reach $12xx and we need to wait more longer.
Yeah kinda funny Bitcoin hits all time high in all aspects, Price, Unconfirmed Tx, Transaction Fee, what else?
Difficulty - https://bitcoinwisdom.com/bitcoin/difficulty This isn't making a whole lot of sense because we're hitting all time highs at the same time that fees are climbing and transaction times are increasing. It seem like it would be the other way around for some reason. Can somebody explain?
There is no explanation. People will find thousand reasons why, but i think it is safe to say, that there is no logic involved. The price is high because there seems to be a high demand. As to why i wonder my self, because i see no real technical reason. These days many are speculation on the ETF approval. This isn't making a whole lot of sense because we're hitting all time highs at the same time that fees are climbing and transaction times are increasing. It seem like it would be the other way around for some reason. Can somebody explain?
Yeah kinda funny Bitcoin hits all time high in all aspects, Price, Unconfirmed Tx, Transaction Fee, what else? Lol, anyway lets just have a short celebration for the New ATH, this officially states that holders has not lost anything yet in Bitcoin. Grats to the bulls hope Bitcoin stay this way, always keep charging for new ATH!
This isn't making a whole lot of sense because we're hitting all time highs at the same time that fees are climbing and transaction times are increasing. It seem like it would be the other way around for some reason. Can somebody explain?
Every others currency other than USD had already achieved a new ATH. This is very old news. Wait wasn't the ATH 1200 and something USD? Why do the number vary so much?
That was on Mt. Gox. No one could sell at that price and get the money out. Hence, that is not considered.
That's right, bitcoin broke it's record of all the time. The next point is going to be 1200$. Bitcoin's temps of grow don't stop to surprise. But I expect some new fall will fallow, cause of it's normal thing for bitcoin.
Official: No HODLer has ever lost money on Bitcoin.
It is really good to have bitcoin in this state, which is never gets low to $800 again, I'm hoping that bitcoin will be stable $1000 per bitcoin, so that I have motivation on posting and doing signature campaign lol, though it is the truth.
Let's just hope that the bitcoin users in China won't DUMP their coins because it will really affect the current price of bitcoin.
And know let us consider that the value of the dollar is losing a bit every day. The amount of stuff we could have bought with the old ATH is bigger then the amount of stuff we can buy with the new ATH. We call it inflation and it is about 2% per year. To be the real new high we need to go even further up with the price. But those are just my two cents.
Pretty epic news, we're in uncharted territory guys! Give it some time and Bitcoin will be covered by quite a few major news networks, which will also have a positive effect hopefully.
Looking forward to the next couple of weeks!
Looking forward to the next couple of weeks!
Every others currency other than USD had already achieved a new ATH. This is very old news. Wait wasn't the ATH 1200 and something USD? Why do the number vary so much?
Number of unconfirmed Tx has broken all time high as well
Bitcoin HODLER not affected
This is great! Bitcoin is keep on reaching up high and i love it because it gives a lot of profit for us bitcoin users and also to those hodlers who hold their bitcoin for about months or even years and now they can sell it and take some good profits. I'm hoping for extension on the price to climb even more so we are all gonna get great amount of money.
Number of unconfirmed Tx has broken all time high as well
Official: No HODLer has ever lost money on Bitcoin.
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