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Topic: BTC back to 1,200+ - page 2. (Read 2612 times)

hero member
Activity: 560
Merit: 500
March 12, 2017, 05:26:17 AM
#31
Well im sure we would achive price ranges above 1200$+ if this price ranges that we see right now continues to be stable. It is good and healthy for bitcoin since it makes more people to trust it if it is stabilizing to a price that can be considered big on bitcoin history. I hope in the future we will see bitcoin reach new heights.
hero member
Activity: 2352
Merit: 905
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March 12, 2017, 04:48:42 AM
#30
Maybe we will still achieve higher than 1200$ 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.
hero member
Activity: 714
Merit: 501
March 12, 2017, 04:26:26 AM
#29
Bitcoin is still pretty stable and will continue to be.  The ETF did not destroy Bitcoin, far from it.  I think this shows the strength of the community and that people are properly in this for the long run.

Quite right, even when it dropped below 1000 when the ETF was disapproved, it immediately recovered. This means that there are a lot of buy orders waiting and in support for bitcoin. It will not easily crash like the others are speculating, at least not yet and not because of ETF failing.

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.
legendary
Activity: 2240
Merit: 1069
March 12, 2017, 01:46:56 AM
#28
Bitcoin is still pretty stable and will continue to be.  The ETF did not destroy Bitcoin, far from it.  I think this shows the strength of the community and that people are properly in this for the long run.

Quite right, even when it dropped below 1000 when the ETF was disapproved, it immediately recovered. This means that there are a lot of buy orders waiting and in support for bitcoin. It will not easily crash like the others are speculating, at least not yet and not because of ETF failing.
legendary
Activity: 2478
Merit: 1360
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March 11, 2017, 08:15:21 PM
#27
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.
Don't be. They made their choice. Wanted to play the market and the market played them Grin
The price is still low. They can buy back and move on. It's only a small loss compared to the money we will all make on bitcoin in the near future.
legendary
Activity: 3556
Merit: 7011
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March 11, 2017, 07:41:13 PM
#26
This market is like a goddamn clown college sometimes.  I'll admit I didn't really understand the significance of the ETF thing--I don't have a great background in finance--but I could tell a lot of gamblers drove up the price because of it.  The drop we had was nauseating, but we've come back pretty good.  I expect we'll hit $1300 soon enough, but that's just a guess.
newbie
Activity: 14
Merit: 0
March 11, 2017, 07:02:11 PM
#25
Bitcoin is still pretty stable and will continue to be.  The ETF did not destroy Bitcoin, far from it.  I think this shows the strength of the community and that people are properly in this for the long run.
sr. member
Activity: 364
Merit: 250
March 11, 2017, 06:59:20 PM
#24
Yesterday I thought bitcoin will climb up again to $1200+ but right after a day after, I saw in the trend graph it decreased again to $1100+ again. It was still a minimal drop since the last big drop and hopefully it will be recovering, and demand will also takes place and people will not dump it all to panic selling. We should stay calm and relax our minds on this situation, and always stay focus on monitoring the price from now until the month of march ends.
Yeah just relax don't sell as our bitcoin from now, just wait until the next pump surely it will pump again by the next of this month, from now the price of bitcoin is 1176$ wow! Its high a bit enough for me, 

Just stock all your bitcoin and don't be a panic seller
sr. member
Activity: 728
Merit: 252
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March 11, 2017, 06:05:24 PM
#23
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.

There was a huge drop of the price yesterday, almost -$230 which is really a lot for a coin like bitcoin nowadays.

I think that bitcoin has taken attention in the media when it reaches the highest price for many years (or ever), even though many price crashes that are happening bitcoin is still trying to recover and be back to $1200 which I think is not very hard to be reached within few days. I think that many people who were skeptic to invest in bitcoin were waiting for a price crash in order to invest more.

Price has gone down due to ETF disapproval and many people would have bought bitcoins at lower price but its good to see that it didn't go below $1000 level or else we would see panic selling and may be price can go even lower in next few days but if you can manage to hold them till the end of the year then there is nothing to worry as price will recover by then.
legendary
Activity: 1540
Merit: 1003
March 11, 2017, 10:08:22 AM
#22
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.

There was a huge drop of the price yesterday, almost -$230 which is really a lot for a coin like bitcoin nowadays.

I think that bitcoin has taken attention in the media when it reaches the highest price for many years (or ever), even though many price crashes that are happening bitcoin is still trying to recover and be back to $1200 which I think is not very hard to be reached within few days. I think that many people who were skeptic to invest in bitcoin were waiting for a price crash in order to invest more.
legendary
Activity: 1904
Merit: 1002
March 11, 2017, 09:59:52 AM
#21
I thought this  morning is the start of btc price to go down cause when i wake this morning the price was at $1100 so i think that etf is rejected. But now were fully back at 1200$,seems that etf rejection has no big impact on btc price.

https://twitter.com/maxkeiser/status/840346004427853824
Quote
The reason to buy Bitcoin is the same as reason why SEC rejected the ETF. Can't be regulated. SEC confirmed no. 1 reason to own Bitcoin. 🚀
sr. member
Activity: 462
Merit: 250
March 11, 2017, 09:54:54 AM
#20
I thought this  morning is the start of btc price to go down cause when i wake this morning the price was at $1100 so i think that etf is rejected. But now were fully back at 1200$,seems that etf rejection has no big impact on btc price.
hero member
Activity: 2282
Merit: 505
March 11, 2017, 09:35:09 AM
#19
...I guess this will only increase our chances of getting the ETF approved in the future and once again this proves that bitcoin don't need such events to survive or have a price increase.

admittedly i didn't really follow ETF that much but i remember reading somewhere (in comments) that this was the last chance of this particular ETF to be approved and they won't accept it again.

can someone confirms this?
Yeah it can't, and SEC has said nothing to do with the bitcoin etf. And i think there is no bitcoin etf again in the future, at least not to submitting the bitcoin etf for SEC. They've made a decision about that and we respect it.
hero member
Activity: 1456
Merit: 579
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March 11, 2017, 09:18:36 AM
#18
...I guess this will only increase our chances of getting the ETF approved in the future and once again this proves that bitcoin don't need such events to survive or have a price increase.

admittedly i didn't really follow ETF that much but i remember reading somewhere (in comments) that this was the last chance of this particular ETF to be approved and they won't accept it again.

can someone confirms this?
staff
Activity: 3500
Merit: 6152
March 11, 2017, 08:27:00 AM
#17
Here we are, the ETF decision has been made, It got rejected and It looks like the price hasn't been affected (1180$ by preev rates) like people assumed. I guess this will only increase our chances of getting the ETF approved in the future and once again this proves that bitcoin don't need such events to survive or have a price increase.
hero member
Activity: 1022
Merit: 511
March 10, 2017, 06:57:38 PM
#16
Panicking will not help with this kind of waves.
What is the problem with the bitcoin holders. I thought they know that this happens to bitcoin always. That ETF wont hurt a thing. It is just a new thing to talk about but it doesn't change a thing that bitcoin is really volatile from start up until now.
You are right that panic is really brain fade because when the price has been going up and up only in several months and even since years then why people worry that it will go down ? I am talking of average price, this value has increased only with time and I expect it to increase more and more in coming future regardless of this rejection of bitcoin ETF.

We never need to worry about, bitcoin already got enough media lights to get in new investors, hence new peak will occur and some other company may go for filling applications for bitcoin ETF in near future.
hero member
Activity: 658
Merit: 505
March 10, 2017, 09:03:05 AM
#15
Panicking will not help with this kind of waves.
What is the problem with the bitcoin holders. I thought they know that this happens to bitcoin always. That ETF wont hurt a thing. It is just a new thing to talk about but it doesn't change a thing that bitcoin is really volatile from start up until now.

Yeah, why the panic and why everyone starts behaving like they are total beginers. Volatility is totaly normal and inevitable part of bitcoins, people should have learned this by now. Just watch the market carefuly and be wise, everything will be fine.
legendary
Activity: 3346
Merit: 1134
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March 10, 2017, 08:37:22 AM
#14
Panicking will not help with this kind of waves.
What is the problem with the bitcoin holders. I thought they know that this happens to bitcoin always. That ETF wont hurt a thing. It is just a new thing to talk about but it doesn't change a thing that bitcoin is really volatile from start up until now.
hero member
Activity: 1008
Merit: 540
March 10, 2017, 08:33:13 AM
#13
i think for the mean time the price of bitcoin will not drop down because i believed that bitcoin price this coming march 13 will raise up to $1300 per bitcoin but its just my guess because theres alot of current people putting their money on bitcoin like now because bitcoin is grow more than i expected i thought it will be $1200 per bitcoin before this year ends but see what happen its only march but bitcoin price already surpass my guess.
sr. member
Activity: 394
Merit: 250
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March 09, 2017, 04:51:42 PM
#12
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.
the price is definitely gonna be growing from now on to at least 1300 dollars, and it was really dumb to sell when the price just started to drop as after the drop there is always a decent growth. I am never selling bitcoins while it is still over 1000 dollars each, I mean I'm not in need of funds or something to sell the thing that is going to make me rich in the future. I'm the biggest holder ever...
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