Breaking: Bitcoin OFFICIALLY touches $1,000 - page 3.

eddie13

legendary

Activity: 2296

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BTC or BUST

Quote from: QuestionAuthority on January 01, 2017, 07:08:48 PM

What is a 'Bubble'
A bubble is an economic cycle characterized by rapid escalation of asset prices followed by a contraction. It is created by a surge in asset prices unwarranted by the fundamentals of the asset and driven by exuberant market behavior. When no more investors are willing to buy at the elevated price, a massive selloff occurs, causing the bubble to deflate.

~Bubble Definition | Investopedia http://www.investopedia.com

So totally 100% warranted and then some..

MakeMoneyBtc

full member

Activity: 1092

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my guide to see bitcoin price is preev.com , there the price is 992 $ so it is close to 1000$ and i am sure it will reach it very fast, happy new year to all bitcoin users

QuestionAuthority

legendary

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You lead and I'll watch you walk away.

Quote from: GMPoison on January 01, 2017, 05:41:00 PM

Quote from: QuestionAuthority on January 01, 2017, 04:32:05 PM

Doubling in price in less than six months but it's not a bubble?

Waiting

It may have doubled in the past 6 months but this isn't a "bubble". December of 2013 was a bubble. For the past couple of years it's been a slow healthy climb up despite all odds including bitcoin being heavily criticized. I think the recent surge in price is only a culmination of that and isn't going to drop too hard. Even if it does, it will have needed it. It's been proven by looking at 2013 to present that bitcoin obviously has huge potential, so if it crashes again just ride it out like we did last time and eventually we'll break through whatever new record high we achieve this time.

What is a 'Bubble'
A bubble is an economic cycle characterized by rapid escalation of asset prices followed by a contraction. It is created by a surge in asset prices unwarranted by the fundamentals of the asset and driven by exuberant market behavior. When no more investors are willing to buy at the elevated price, a massive selloff occurs, causing the bubble to deflate.

~Bubble Definition | Investopedia http://www.investopedia.com

Xester

hero member

Activity: 994

Merit: 544

Quote from: the_poet on January 01, 2017, 12:32:34 PM

It reached $1,000 on Kraken a few mins ago!! Happy new year Bitcolleagues!! Wink

How nice. It's a great new year for us and for bitcoin. But I hope it will not go down at 1000$ per bitcoin, I am seeing other figures not reaching the 1000$ figure. There are other exchangers whose rates runs from 980$ to 994. But I ñoticed that it is still not stable so hopefully it will jump over 1000$ or it will go down to 970$ later this day.

dhampir-D

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Activity: 454

Merit: 250

Quote from: GMPoison on January 01, 2017, 03:48:47 PM

Quote from: SparkedDev on January 01, 2017, 03:45:56 PM

Looks like all the sites are starting to catch up that's good.
Now will it grow is the question, and lets hope its a good answer.

The way I see it is it's been growing for the past 2-3 years despite having it's reputation tarnished. Thus I see no reason for it to slow down. On the other hand $1,000 is such a great psychological wall that who knows what will happen.

This is true, this time the growth was more stable, and hardly anyone will say that this is the result of a bubble. I think the price may suffer some drops, but the recovery will probably occur soon after, just as it has been occurring for the last few months. There is a more active community, compared to 2013, and a much larger user base. People are taking advantage of each dip to buy it.

GMPoison

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Activity: 434

Merit: 250

Quote from: QuestionAuthority on January 01, 2017, 04:32:05 PM

Doubling in price in less than six months but it's not a bubble?

Waiting

It may have doubled in the past 6 months but this isn't a "bubble". December of 2013 was a bubble. For the past couple of years it's been a slow healthy climb up despite all odds including bitcoin being heavily criticized. I think the recent surge in price is only a culmination of that and isn't going to drop too hard. Even if it does, it will have needed it. It's been proven by looking at 2013 to present that bitcoin obviously has huge potential, so if it crashes again just ride it out like we did last time and eventually we'll break through whatever new record high we achieve this time.

lambdaE

sr. member

Activity: 251

Merit: 250

Quote from: LLec on January 01, 2017, 05:33:18 PM

Quote from: the_poet on January 01, 2017, 03:43:54 PM

Bitstamp is there as well!

Well if it has shown on Bitstamp then it is official! Grin

We are on our way to the next level of the bitcoin price gentlemen.
Prepare you seatbelts for the moon ride has set it's countdown. Cool

The moon is already here.. The countdown has finished, next stop dumageville lol

LLec

hero member

Activity: 798

Merit: 501

Quote from: the_poet on January 01, 2017, 03:43:54 PM

Bitstamp is there as well!

Well if it has shown on Bitstamp then it is official! Grin

We are on our way to the next level of the bitcoin price gentlemen.
Prepare you seatbelts for the moon ride has set it's countdown. Cool

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: QuestionAuthority on January 01, 2017, 04:32:05 PM

Doubling in price in less than six months but it's not a bubble?

Waiting

That would be nice

. Good for buyers but sad for sellers and bounty hunters and freelancers that is paid in bitcoin. Anyway, this might be a bubble but I think this is in the middle and not yet on the peak. Though I hope that this increase is a natural one but we cannot set aside the fact that there is always manipulation. I hope the bubble don't burst soon if this price increase is caused by it.

alyssa85

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CryptoTalk.Org - Get Paid for every Post!

Quote from: mastica on January 01, 2017, 03:51:19 PM

I keep asking my self why the price has jumped from 800 to 1000 on the last week, makes no sense

Speculation during a week when most people are on holiday over Christmas seeing family and friends. Thinner order books during holiday season makes it easier to push upwards.

The question is what happens when people are back at work.

Cereberus

legendary

Activity: 910

Merit: 1000

This shows that 2017 will be the year of bitcoin without a doubt. This time is not a bubble, it increased in price in a slow but steady way (i.e 6 months actually). Smartest people are those who are holders of bitcoin since a long time (i.e price of 250-450) and now if they want they may sell to make a lot of profit. If I were them I would not sell and keep holding my coins. Everything is going the right way, (right way is the price to go up and up to the moon).

SparkedDev

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Activity: 896

Merit: 1000

Quote from: Velkro on January 01, 2017, 04:44:40 PM

Quote from: GMPoison on January 01, 2017, 03:48:47 PM

Quote from: SparkedDev on January 01, 2017, 03:45:56 PM

Looks like all the sites are starting to catch up that's good.
Now will it grow is the question, and lets hope its a good answer.

The way I see it is it's been growing for the past 2-3 years despite having it's reputation tarnished. Thus I see no reason for it to slow down. On the other hand $1,000 is such a great psychological wall that who knows what will happen.

I hope for 1300$ soon, anyway, all directions are good for me, lows and highs because i daytrade again

Having you been having any luck with the day trades?

kurbeks

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Next milestone 1000€

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: GMPoison on January 01, 2017, 03:48:47 PM

Quote from: SparkedDev on January 01, 2017, 03:45:56 PM

Looks like all the sites are starting to catch up that's good.
Now will it grow is the question, and lets hope its a good answer.

The way I see it is it's been growing for the past 2-3 years despite having it's reputation tarnished. Thus I see no reason for it to slow down. On the other hand $1,000 is such a great psychological wall that who knows what will happen.

I hope for 1300$ soon, anyway, all directions are good for me, lows and highs because i daytrade again

SaShiRaJaVu

hero member

Activity: 1694

Merit: 541

It is really unexpected as i never expected to cross the thousand dollar price in the first day of 2017 itself ,it is really interesting to see how things go from now and i do hope the rally continues since the resistance has being broken and i hope a rally once again to newer heights.

kumax

full member

Activity: 182

Merit: 100

🚀 🌏

Wow, happy New Year to all happy holders! Grin

To be honest, I didn't expect that bitcoin will reach 1k USD before the year ends.
I rather expected slow fall back to 800 or 700, before another rise..

Well, let's grab popcorn and see what will happen next! Cool

QuestionAuthority

legendary

Activity: 2156

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You lead and I'll watch you walk away.

Doubling in price in less than six months but it's not a bubble?

Waiting

serjent05

legendary

Activity: 3010

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Get $2100 deposit bonuses & 60 FS

Quote from: the_poet on January 01, 2017, 03:43:54 PM

Bitstamp is there as well!

This is great! I think this $1000 price is well deserved than way back 2013. Almost all exchanges have met that price of BTC. It seems the next stop would be the NEW ATH and it is not far from happening

. GO BITCOIN! Break that ALL TIME HIGH RECORD.

SparkedDev

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Activity: 896

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Quote from: GMPoison on January 01, 2017, 04:04:51 PM

Quote from: mastica on January 01, 2017, 03:51:19 PM

I keep asking my self why the price has jumped from 800 to 1000 on the last week, makes no sense, we all wanna bigger value but we are talking about a massive pump into bitcoin and this means milions dollars, its 25% raise without any valid reason besides the big wish from the community to see bitcoin at the 4 digits again. I do hope to keep this price all the year and go up as well, but im ceptic about it, makes no sense such pump.

There are a lot of things going on in the world that could be contributing without even mentioning the fact that it's been a steady climb up from ~$200 for the past two years. I don't think it's necessarily a "pump".

I do believe many places are saying its a influx of chinese buyers no ones really sure tho if its a pump or dump.
Especially with the latest political stunts and them trying to become the new world standard in money.

GMPoison

sr. member

Activity: 434

Merit: 250

Quote from: mastica on January 01, 2017, 03:51:19 PM

I keep asking my self why the price has jumped from 800 to 1000 on the last week, makes no sense, we all wanna bigger value but we are talking about a massive pump into bitcoin and this means milions dollars, its 25% raise without any valid reason besides the big wish from the community to see bitcoin at the 4 digits again. I do hope to keep this price all the year and go up as well, but im ceptic about it, makes no sense such pump.

There are a lot of things going on in the world that could be contributing without even mentioning the fact that it's been a steady climb up from ~$200 for the past two years. I don't think it's necessarily a "pump".

Topic: Breaking: Bitcoin OFFICIALLY touches $1,000 - page 3. (Read 4952 times)