BTC passes $5,000 USD milestone - page 9.

Saezam

newbie

Activity: 40

Merit: 0

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

Thanks God.. Bitcoin still strong even after China ruin bitcoin price couple weeks ago, luckily I still have faith to hold my remaining coin. I'm so happy now. I hope bitcoin still have room to climb up again.

sumangs

full member

Activity: 644

Merit: 101

After chinese limits bitcoin the bitcoin price drops. I think there are other people in other countries that would invest for the sake of the currency.

GideonGono

hero member

Activity: 2086

Merit: 501

★Bitvest.io★ Play Plinko or Invest!

Quote from: ?? on ??

If it is buying for the bitcoingold fork then we still won't see a large drop as I don't expect them to cash out real Bitcoin.

People won't since they had witnessed what happened when the Bitcoin Cash fork which the price just continue rising and it doesn't affect the market of the real Bitcoin.

keycellko

full member

Activity: 406

Merit: 102

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

I can't think of any other reason besides the upcoming hardfork. People are selling altcoins and buying bitcoins so as to get free money. This is truly remarkable. The most awaited part of every btc holder. For those who were skeptical about that "over 5k" remark, then its time to believe. Its not coming, it is here.

GideonGono

hero member

Activity: 2086

Merit: 501

★Bitvest.io★ Play Plinko or Invest!

Quote from: mk4 on October 12, 2017, 09:27:11 AM

Quite possibly due to the two upcoming forks in the future. People thinking that they're getting "free money". Possibly people who missed the free bitcoincash months ago.

Yep. That's all to it. Free bitcoins from those altcoins.

Quote from: mk4 on October 12, 2017, 09:27:11 AM

Quote from: OliverHall on October 12, 2017, 09:23:54 AM

Well... It's getting more and more difficult for a beginner like me to get in the bitcoin world...

Why so? What does price have to do with the knowledge you can gain by studying cryptocurrencies? If you're talking about investing, then it's just gonna get harder and harder to buy cheap bitcoin if you continue waiting.

Also, every successful bitcoiner out there who earns quiet amount of bitcoin had been a beginner also like me. I dedicate some of my time learning then I came to know methods to earn bitcoins which really helps me a lot.

beatleap

member

Activity: 99

Merit: 12

Quote from: layoutph on October 12, 2017, 09:38:45 AM

Now, the next milestone is $8k, I guess if there will be no bitcoin bubble explosion, we could have $8k, $10k, $12 by next year.

I believe at 2020 we will have $20000. If God would bless me and give me 1BTC that time, then I would have a 1 million currency in my country

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

More than hopeful though. Hard forks aren't guaranteed to be good for Bitcoin just because it was beneficial last time doesn't mean it's going to be this time and people should be wary of what a hard fork can do.

YuginKadoya

legendary

Activity: 3038

Merit: 1169

The Impending Hard Fork had force the value to rise up because right now the effect of a Hard Fork for them is an opportunity to get more in the future and because of the free coins that we might get with bitcoin gold that the buying is more irrelevant right now, buy and hodl they say!

Karmakid

sr. member

Activity: 742

Merit: 397

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

Yeah and I think it would continue to grow,
There is a coming hard fork and everyone is trying to hold their btc to gain bitcoingold ,
And I think after that bitcoin would bitcoin would be pump for a while before it drops down again.

layoutph

sr. member

Activity: 1372

Merit: 255

Now, the next milestone is $8k, I guess if there will be no bitcoin bubble explosion, we could have $8k, $10k, $12 by next year.

I believe at 2020 we will have $20000. If God would bless me and give me 1BTC that time, then I would have a 1 million currency in my country

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

maryanti

sr. member

Activity: 500

Merit: 250

BountyMarketcap

Yes that day has come and has reached its peak of $ 5000.
Bitcoin prices that I think are very high. This is good news for those who hold Bitcoin in the last week ..

beatleap

member

Activity: 99

Merit: 12

Quote from: Saisher on October 12, 2017, 09:26:47 AM

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

congratulations to all bitcoin holders this is something to celebrate but I'm thinking people are buying bitcoin because of the coming fork, where holders will receive the same amount of the new bitcoin fork once the fork start this could be the reason why they are buying more bitcoin

That's true but only one fork will actually be the winner. both might survive but one will be the true victor and be worth more than the other. and the uncertainty of the new fork will cause prices to shoot down during the first 2 weeks

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quite possibly due to the two upcoming forks in the future. People thinking that they're getting "free money". Possibly people who missed the free bitcoincash months ago.

Quote from: OliverHall on October 12, 2017, 09:23:54 AM

Well... It's getting more and more difficult for a beginner like me to get in the bitcoin world...

Why so? What does price have to do with the knowledge you can gain by studying cryptocurrencies? If you're talking about investing, then it's just gonna get harder and harder to buy cheap bitcoin if you continue waiting.

Saisher

full member

Activity: 2324

Merit: 175

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

congratulations to all bitcoin holders this is something to celebrate but I'm thinking people are buying bitcoin because of the coming fork, where holders will receive the same amount of the new bitcoin fork once the fork start this could be the reason why they are buying more bitcoin

OliverHall

newbie

Activity: 34

Merit: 0

Well... It's getting more and more difficult for a beginner like me to get in the bitcoin world...

ClvrGmr

full member

Activity: 322

Merit: 100

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

Unless another event like the issue of the China banning bitcoin from there country, I think bitcoin will continue to grow up though not necessarily rise up quickly, it may go down a little but the growth rate will be much greater. This is because they are holding bitcoins and this causes the price to go up since the supply or the number of bitcoin will be hold up o every users who wish. Then as the price goes up more and more people will be encouraged to hold bitcoin. Thus, continuing the growth of bitcoin.

Anwar22

full member

Activity: 588

Merit: 100

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

Yes i very happy to this price of bitcoin. I always used to think bitcoin price when will over 5k USD. Really i am very exciting to this price. I think bitcoin price also increase next week. When it's price (10k-13k) USD i buy a house.

wishingwell

newbie

Activity: 33

Merit: 0

I think it has to do with the upcoming fork, you will get bitcoin gold and also a possible fork in November.

A1exander

full member

Activity: 336

Merit: 102

Quote from: kshea1241 on October 12, 2017, 09:07:03 AM

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

One theory is that people are buying BTC to hold them for a couple of weeks and to get the upcoming Bitcoin Gold.

kshea1241

newbie

Activity: 8

Merit: 0

Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?

Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day

Topic: BTC passes $5,000 USD milestone - page 9. (Read 2609 times)