BTC back to 1,200+ | Bitcointalksearch.org

el kaka22

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Quote from: xypos on March 16, 2017, 01:45:03 AM

I mean even after the ETF decision, the price is still hanging around at that $1200+ level which is really just amazing in my opinion as there was a lot of speculation leading up to the decision and everyone thought that the price was going to the floor once the decision got rejected.

In my opinion, there will be no wonder about the stability of bitcoin prices as bitcoin ETF would have been acting as an external forces which could push bitcoin prices further but definitely not a fundamental one which supports bitcoin prices. Just SEC rejected etf application but people worry pretending like government gives a negative statement about bitcoin ecosystem.

Quote from: xypos on March 16, 2017, 01:45:03 AM

There will be future ETF decisions but i don't think they will matter as much after what i've seen this time round.

Again you go wrong. Any company's bitcoin ETF certainly will help bitcoin prices to appreciate. I believe in near future more companies will start showing interest on issuing bitcoin ETFs. In those times we can expect bitcoin prices start flying to moon.

denam

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Quote from: aeternus on March 15, 2017, 08:16:16 PM

Quote from: pereira4 on March 09, 2017, 11:56:33 AM

Woops feeling bad about the people that sold yesterday at the 1135 bottom. Wild swings show the bullish sentiment. If the ETF is not passed, maybe the sellof allready was priced out, in any case it shows that it will get bought up quickly.

Remember that decision is not tomorrow but march 13th, so we may test high 1200 again before final verdict.

Bitcoin lost some value after th ETF decision but after some days the price got back in track so the decision did not have a lot of impact in the price, which is good since it tell us bitcoin can withstand this decisions.

Bitcoin is still strong after this decision because it have wonderful community and huge adoption. Good to see it's back on $1200+ and chance to get another rally to push to new ATH.

xypos

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Quote from: pereira4 on March 09, 2017, 11:56:33 AM

Woops feeling bad about the people that sold yesterday at the 1135 bottom. Wild swings show the bullish sentiment. If the ETF is not passed, maybe the sellof allready was priced out, in any case it shows that it will get bought up quickly.

Remember that decision is not tomorrow but march 13th, so we may test high 1200 again before final verdict.

It is fun to watch bitcoin rallying again.

I mean even after the ETF decision, the price is still hanging around at that $1200+ level which is really just amazing in my opinion as there was a lot of speculation leading up to the decision and everyone thought that the price was going to the floor once the decision got rejected.

Obviously it didn't. There will be future ETF decisions but i don't think they will matter as much after what i've seen this time round.

pooya87

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Quote from: aeternus on March 15, 2017, 08:16:16 PM

Quote from: pereira4 on March 09, 2017, 11:56:33 AM

Woops feeling bad about the people that sold yesterday at the 1135 bottom. Wild swings show the bullish sentiment. If the ETF is not passed, maybe the sellof allready was priced out, in any case it shows that it will get bought up quickly.

Remember that decision is not tomorrow but march 13th, so we may test high 1200 again before final verdict.

Bitcoin lost some value after th ETF decision but after some days the price got back in track so the decision did not have a lot of impact in the price, which is good since it tell us bitcoin can withstand this decisions.

bitcoin didn't lose any value at all. the price drops are just fluctuations and price moving up and down. nothing else.
and as i said may times before about ETF, it is not a direct thing that can affect bitcoin directly. the decision whatever it could have been, couldn't have any major effect on price whatsoever. and these things that are limited to one country are always small.

aeternus

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Quote from: pereira4 on March 09, 2017, 11:56:33 AM

Woops feeling bad about the people that sold yesterday at the 1135 bottom. Wild swings show the bullish sentiment. If the ETF is not passed, maybe the sellof allready was priced out, in any case it shows that it will get bought up quickly.

Remember that decision is not tomorrow but march 13th, so we may test high 1200 again before final verdict.

Bitcoin lost some value after th ETF decision but after some days the price got back in track so the decision did not have a lot of impact in the price, which is good since it tell us bitcoin can withstand this decisions.

AngelSky

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Quote from: Farma on March 13, 2017, 12:27:59 PM

I guess rejection bitcoin does not really affect the price. bitcoin for some users, it is not unusual. maybe it only affects people who are going to invest the money they have into the form of bitcoin. but I believe, bitcoin prices will keep rising.

Whom gonna reject the bitcoin, Bitcoin is being used by huge number of users in volume when compare to last year. You may in Google about the companies adopt bitcoin and block chain technology. Similarly this is increased in the big number. So don't give damn about the negativity spreaders. Just move ahead to hold the bitcoin for the future income.

Kemarit

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Quote from: Farma on March 13, 2017, 12:27:59 PM

I guess rejection bitcoin does not really affect the price. bitcoin for some users, it is not unusual. maybe it only affects people who are going to invest the money they have into the form of bitcoin. but I believe, bitcoin prices will keep rising.

It proved all along what I have suspected, ETF or not, bitcoin will not be affected, I speculate give in 1 week to really fully gauge how the ETF decision will play with a slight rise and fall of price. But seeing the current trend of price, I believe it has little to no effect at all. I guess the pump and dump is over and the price will see a steady trend of rising. I also believe that the price is stable as ever. I think $2000 is reachable within the end of year hopefully, because investors has already take notice of bitcoin and will probably invest and cash flow will be going to bitcoin ecosystem making @2000 at the end of year within reach.

Farma

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I guess rejection bitcoin does not really affect the price. bitcoin for some users, it is not unusual. maybe it only affects people who are going to invest the money they have into the form of bitcoin. but I believe, bitcoin prices will keep rising.

thejaytiesto

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Quote from: Slow death on March 13, 2017, 06:51:05 AM

Quote from: BrewMaster on March 12, 2017, 12:58:26 PM

where are all the ETF bullshit guys who said we will fall to $800!

They are here in the forum, where else would they be? Grin

As they said in an article I read in the cointelegraph, which said that the bitcoin community does not seem to bother much with the ETF's decision and the article explains why bitcoin does not need ETF

https://cointelegraph.com/news/why-bitcoin-didnt-need-an-etf-to-begin-with

I liked reading this article

I don't think there will ever be an approved ETF. I fail to see why the powers that be would allow for that. Maybe they would to try to manipulate the price somehow? Im not sure, but if they accept it is because they can find something that benefits them.

For the time being I think all the ETFs will get rejected and those are opportunities to short since ETF recovers quickly.

Slow death

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Quote from: BrewMaster on March 12, 2017, 12:58:26 PM

where are all the ETF bullshit guys who said we will fall to $800!

They are here in the forum, where else would they be? Grin

As they said in an article I read in the cointelegraph, which said that the bitcoin community does not seem to bother much with the ETF's decision and the article explains why bitcoin does not need ETF

https://cointelegraph.com/news/why-bitcoin-didnt-need-an-etf-to-begin-with

I liked reading this article

n0ne

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Quote from: 1Referee on March 12, 2017, 03:18:20 PM

Quote from: nizamcc on March 12, 2017, 08:51:59 AM

But then, it is also remarkable that the prices didn't rumble down too much below $1000, as everyone thought the values to be going down too much with an expected declining ratio of 50% which was predicted to be $700, but it didn't happen, so this shows that these "wealthy entities" are losing control over bitcoins because of its spread amongst the world.

You clearly have no clue about how trading works and how wealthy entities on purpose trigger buy and sell orders for their own benefit. Also, I am sorry to say, but only noobs expected the price to crash down with such intensity. ETF would be a welcome tool that had the potential to push the price sooner to yet unseen levels, but regardless of this ETF or whatever other tools, the price will increase anyway. It will only take a longer while, but that's all fine. People prefer a slower but more sustainable growth over pumps resulting in peaks that don't last very long.

Quote from: xIIImaL on March 12, 2017, 08:53:57 AM

How its dump because of the people. Price is depend upon the supply and demand. There many investment on bitcoin related business and block chain technology from the year 2014.
Sure price will be driven to 2000$ before this year ends. Due to mining reduced in last halving this effects take first in September. From that time to now we are seeing raising face of bitcoins except one dip.

Lol, you're mixing up things. I would suggest you to invest some time into knowing what trading is.

People without awareness mix up and finally what happens is the loss or someone stealing your coins out of the wallet. For the goodness it's better to make a regular trading with small profit margin. This helps in continued trading as well a stable profit.

1Referee

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Quote from: nizamcc on March 12, 2017, 08:51:59 AM

But then, it is also remarkable that the prices didn't rumble down too much below $1000, as everyone thought the values to be going down too much with an expected declining ratio of 50% which was predicted to be $700, but it didn't happen, so this shows that these "wealthy entities" are losing control over bitcoins because of its spread amongst the world.

You clearly have no clue about how trading works and how wealthy entities on purpose trigger buy and sell orders for their own benefit. Also, I am sorry to say, but only noobs expected the price to crash down with such intensity. ETF would be a welcome tool that had the potential to push the price sooner to yet unseen levels, but regardless of this ETF or whatever other tools, the price will increase anyway. It will only take a longer while, but that's all fine. People prefer a slower but more sustainable growth over pumps resulting in peaks that don't last very long.

Quote from: xIIImaL on March 12, 2017, 08:53:57 AM

How its dump because of the people. Price is depend upon the supply and demand. There many investment on bitcoin related business and block chain technology from the year 2014.
Sure price will be driven to 2000$ before this year ends. Due to mining reduced in last halving this effects take first in September. From that time to now we are seeing raising face of bitcoins except one dip.

Lol, you're mixing up things. I would suggest you to invest some time into knowing what trading is.

BrewMaster

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Quote from: Hullo on March 12, 2017, 12:49:35 PM

That is mind blowing how bitcoin made comeback so it's proving crypto world belong it. I've great great hope to get back on ATH again.

i was thinking the same as how this topic is old and yet price is the same but if you look back it has taken a very long path with lots of bumps to reach here!
$1221 right now

where are all the ETF bullshit guys who said we will fall to $800!

Hullo

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That is mind blowing how bitcoin made comeback so it's proving crypto world belong it. I've great great hope to get back on ATH again.

cellard

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It feels good when you can reuse threads like this to point out the fact that indeed, bitcoin is now soaring again above $1,200. Bitcoin has defeated the ETF hype, it has defeated the approval of the big fat banksters, we can't be stopped.
The only thing need to fix is getting rid of Roger Ver, Jihan Wu and the rest of BUcoiners.

xIIImaL

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Quote from: 1Referee on March 12, 2017, 08:31:54 AM

Quote from: Sniper44 on March 12, 2017, 04:26:26 AM

i wouldn't call that a "drop below $1000" because obviously it didn't last at all. and also because it was a one time big sell off that ate through the orderbook and that will always happen when someone sells a big chunck of bitcoin or anything else in any market at once.
the important thing was the come back that only took less than a minute to complete and price came back up to $1150 in matter of minutes.

It wasn't that people themselves dumped the price down to below $1000 levels. It was more the result of stop loss order triggering each other, where you see a short lasting deep red candle. I am quite sure that a wealthy entity has done that on purpose. Especially when you also take the massive green candle that resulted in a peak at +$1350 levels into consideration. It's a way to eliminate the "competition" (often referred to as small fishes).

How its dump because of the people. Price is depend upon the supply and demand. There many investment on bitcoin related business and block chain technology from the year 2014.
Sure price will be driven to 2000$ before this year ends. Due to mining reduced in last halving this effects take first in September. From that time to now we are seeing raising face of bitcoins except one dip.

nizamcc

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Quote from: 1Referee on March 12, 2017, 08:31:54 AM

Quote from: Sniper44 on March 12, 2017, 04:26:26 AM

i wouldn't call that a "drop below $1000" because obviously it didn't last at all. and also because it was a one time big sell off that ate through the orderbook and that will always happen when someone sells a big chunck of bitcoin or anything else in any market at once.
the important thing was the come back that only took less than a minute to complete and price came back up to $1150 in matter of minutes.

It wasn't that people themselves dumped the price down to below $1000 levels. It was more the result of stop loss order triggering each other, where you see a short lasting deep red candle. I am quite sure that a wealthy entity has done that on purpose. Especially when you also take the massive green candle that resulted in a peak at +$1350 levels into consideration. It's a way to eliminate the "competition" (often referred to as small fishes).

But then, it is also remarkable that the prices didn't rumble down too much below $1000, as everyone thought the values to be going down too much with an expected declining ratio of 50% which was predicted to be $700, but it didn't happen, so this shows that these "wealthy entities" are losing control over bitcoins because of its spread amongst the world.

1Referee

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Quote from: Sniper44 on March 12, 2017, 04:26:26 AM

i wouldn't call that a "drop below $1000" because obviously it didn't last at all. and also because it was a one time big sell off that ate through the orderbook and that will always happen when someone sells a big chunck of bitcoin or anything else in any market at once.
the important thing was the come back that only took less than a minute to complete and price came back up to $1150 in matter of minutes.

It wasn't that people themselves dumped the price down to below $1000 levels. It was more the result of stop loss order triggering each other, where you see a short lasting deep red candle. I am quite sure that a wealthy entity has done that on purpose. Especially when you also take the massive green candle that resulted in a peak at +$1350 levels into consideration. It's a way to eliminate the "competition" (often referred to as small fishes).

iqlimasyadiqa

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Quote from: shield132 on March 12, 2017, 04:48:42 AM

Maybe we will still achieve higher than 1200$ because now is 1180$ but to my mind people had to keep this prise stable but as we see many people sold bitcoins near 1100$ and that's really bad. We mustn't let bitcoin's price to fall and we must try our best to keep it rising. I still have hopes and maybe we will get stable 1300$ because we saw in winter that bitcoin quickly rised from 600 to 900.

I expect prices will not be under 1100USD. this time we have seen how bitcoin prices experienced a very good stability. many things that affect the price of bitcoin. so it is likely the price of bitcoin is above 1200USD.

addicto

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Quote from: Seansky on March 12, 2017, 05:26:17 AM

Well im sure we would achive price ranges above 1200$+ if this price ranges that we see right now continues to be stable. It is good and healthy for bitcoin since it makes more people to trust it if it is stabilizing to a price that can be considered big on bitcoin history. I hope in the future we will see bitcoin reach new heights.

That is true price can spike at any moment because it's much hard to predict what is going to happen there but I also sure about this it will be $1,200 very soon. This time price will remain stable at this level so that it is nice to hold them for some time.

Topic: BTC back to 1,200+ (Read 2612 times)