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Topic: Finally we hit the 7000$ level (Read 624 times)

member
Activity: 284
Merit: 16
November 02, 2017, 12:22:00 PM
#33
I think this is Segwit2x and people buying Bitcoin if there might be a surviving minority chain so they have both coins.

It will probably fall after the hard fork but I really cannot say how much it will rise and to what level it will fall then.
I think its price will increase. May touch $ 8000
legendary
Activity: 1036
Merit: 1002
November 02, 2017, 12:14:04 PM
#32
I was waiting this by the end of the 2017 but here we go. We already touched the 7000 usd level and still trend is bullish and aiming to 10000 usd level
What you think guys?
Yes it will become into that price just be wait and don't be harsh to push because it will came into that part and people will know how bitcoin is important now even they don't invest too much they will make profit time by time bitcoin price increase because of its demand and lots of people are showing their interest to use bitcoin not only use but be part of their daily lives, And maybe by the year ends that price prediction of yours will become true.
legendary
Activity: 3304
Merit: 1617
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November 02, 2017, 09:33:53 AM
#31
Utterly incredible, I never dreamed of seeing this kind of price when I began to invest in bitcoin. $10,000 by New Year doesn’t seem impossible I think.
full member
Activity: 177
Merit: 102
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November 02, 2017, 09:26:57 AM
#30
I do not think we will reach $10k before year end, I think we will be fortunate if the price remains at $7k, I expect to see bitcoin back down to about $5.5k.
sr. member
Activity: 1624
Merit: 267
November 02, 2017, 09:15:46 AM
#29
Im very happy now because finally the price of bitcoin reach 7k dollars. My prediction is correct that the month of november bitcoin will increase like thag price. For sure the next target is 8k dollars maybe it will happen next week. But even the price of bitcoin continue to increase they posibility it will decrease the price. It's better if you hold your bitcoin to make more profit.
sr. member
Activity: 1274
Merit: 278
November 02, 2017, 08:50:08 AM
#28
I was waiting this by the end of the 2017 but here we go. We already touched the 7000 usd level and still trend is bullish and aiming to 10000 usd level
What you think guys?
Yes it is indeed great. Actually i've felt the same way. I thought Bitcoin will reach the market value at this point which is 7000$, after the hardfork, but I was wrong. Now I am looking forward for its market value after the hardfork and before this year end because it will surely be more expensive
 Reaching another level on its market price predicted by the users and investors such as 10000$ seems to be possible before this year end.
member
Activity: 116
Merit: 100
November 02, 2017, 08:27:44 AM
#27
I just say "wow".
I was so amazed that bitcoin will rise this high.
sr. member
Activity: 336
Merit: 260
November 02, 2017, 08:16:23 AM
#26
Its really hard to hold 7000$ for bitcoin. we just saw the panic sell then now another wave is coming from bears.
In my opinion its time to sell with bears power. Then we will buy it again from 6k level
Touch down! bitcoin value was already reach the $7000 let's wait if this crypto currency is reach the $8000 on  the following days, it's good to hear that this coin are too much expensive now. However there are bad effect of this price high in the market, like fall down of bitcoin salary into signature campaign. Maybe not only signature campaign, maybe almost all job. In addition it large impact to the crypto currency community this raising up of bitcoin, there's a possibility that investors were lessen their investment.
legendary
Activity: 1218
Merit: 1001
November 02, 2017, 08:06:17 AM
#25
Its really hard to hold 7000$ for bitcoin. we just saw the panic sell then now another wave is coming from bears.
In my opinion its time to sell with bears power. Then we will buy it again from 6k level
legendary
Activity: 1526
Merit: 1001
November 02, 2017, 07:56:58 AM
#24
now it's around $6800 because of the panic seller the price go down immediately . now that the price explode now at $7000 a new record for bitcoin expect more pump because the demand of it will surely increase too that's may affect the price Smiley
Everyone feels happiness right now. But we must keep the bitcoin prices stable. I advise not to sell too much bitcoin at our disposal because it may affect the bitcoin demand factor. Panic sell will only adversely affect the development of bitcoin and I am sure that when we can make the bitcoin stable then the bitcoin price will continue to rise better.
full member
Activity: 420
Merit: 136
November 02, 2017, 07:50:42 AM
#23
I was waiting this by the end of the 2017 but here we go. We already touched the 7000 usd level and still trend is bullish and aiming to 10000 usd level
What you think guys?

"Finally we hit 7k" "I was waiting for this by the end of 2017" - little bit contradictory there but hey-ho. I can't see bitcoin continuing to 10k this year, there was a big correction earlier and I think the only thing that stopped it falling further was the fork coming up, the bullish run will come to an end sooner or later.
sr. member
Activity: 1400
Merit: 347
November 02, 2017, 07:48:46 AM
#22
After the 2x activation, I'm seeing that maybe we can see a dip because traders will really dumps a few and will go back to their altcoins because they are really dumping it in favor of bitcoin because of 2x. But once its get activated, they will shift to altcoin again. So I don't think that its possible to hit $1000 yet. Maybe first quarter of 2018, but not this year though.

So we will have a dip to around $1200? Thats the price of B2X in future markets. It will be dumped to this price, and since theres no replay protection...

legendary
Activity: 3080
Merit: 1353
November 02, 2017, 07:44:25 AM
#21
I was waiting this by the end of the 2017 but here we go. We already touched the 7000 usd level and still trend is bullish and aiming to 10000 usd level
What you think guys?

Touched down $7000.

Market is very bullish indeed all because of the anticipation of 2x in November 15 or 16 I think. But the price continues to fluctuates from $7000 to $6800 which is kinda weird and not organic for me. Maybe their are entities behind again trying to manipulate the price. Right now its $6957 and swinging rapidly. But as much as we want to be bullish, I have doubts that $10000 will be reached this year. After the 2x activation, I'm seeing that maybe we can see a dip because traders will really dumps a few and will go back to their altcoins because they are really dumping it in favor of bitcoin because of 2x. But once its get activated, they will shift to altcoin again. So I don't think that its possible to hit $1000 yet. Maybe first quarter of 2018, but not this year though.
hero member
Activity: 910
Merit: 550
November 02, 2017, 07:35:55 AM
#20
now it's around $6800 because of the panic seller the price go down immediately . now that the price explode now at $7000 a new record for bitcoin expect more pump because the demand of it will surely increase too that's may affect the price Smiley
member
Activity: 104
Merit: 13
November 02, 2017, 06:49:49 AM
#19
It went up to $7400 and then crashed down to $6900 in like five minutes.

Someone on the bitcoinmarkets subreddit said the following:

Quote
traditionally, the last day of a rally/mini-'bubble' is when we see 20% growth in a span of <24hrs, which is whats happening now with the rapid run from $6600->7400

And that is what happened in the last 24 hours, and it's now correcting.
legendary
Activity: 3164
Merit: 1127
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November 02, 2017, 06:46:51 AM
#18
what a wonderful year for bitcoin

I'm still waiting for this storm (segwit2x) to pass so I can see what the result was and if the result is good for bitcoin I'll celebrate

"
Bitpay Will Follow the Chain With the Most Accumulated Difficulty

The Atlanta-based company Bitpay has announced its plans for operations during and after the hard fork scheduled to occur at block height 494784. The firm says the company’s top priority is the safety and security of its users. With this in mind during some protocol upgrades, Bitpay says it “must take precautions to protect our users.” Bitpay details that while a good majority of miners and businesses support Segwit2x, it understands that not everyone is supporting a hard fork.     

“While most miners signaled their support of this protocol change, not all support it. If miners are divided over this change, there is a significant risk of a chain split,”



A Suspension of Services for 24-hours or Longer

“We will suspend payment acceptance, payment disbursement and debit card reloads approximately 24 hours prior to activation of Segwit2x — We are currently communicating with all of our affected users with preparation instructions.”

Bitpay to Suspend All Services During the Segwit2x Hard Fork
"

Bobby Lee Divides Reddit AMA as Talk Centers on SegWit2x




at least we reached provisionally

legendary
Activity: 3234
Merit: 5637
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November 02, 2017, 06:41:19 AM
#17
It is unbelievable how the situation is developing,so big demand push price up day after day and it will probably continue until hard fork.Let's assume that  the main reason for this is just desire to accumulate as many BTC in order for hard fork profit.How high will it go in next 2 weeks I would not dare to speculate because everything is possible.I just hope the correction will not be big and that we will not see some panic selling-but this are great days for BTC despite hard fork is very close.
sr. member
Activity: 1400
Merit: 420
November 02, 2017, 06:40:42 AM
#16
While I am typing this the current value of a single Bitcoin is $7,300 and I am still shock that Bitcoin is experiencing this kind of a price hike it almost feels like it is almost in a roller coaster that always goes up and will go down big time and that is the time that is so scary. I believe that this price increase really affects the Segwitx2 on November 16 because someone said that the Fork coin of that split will be valued around $1k that's why many investors are in a hurry in going inside of Bitcoin's market. If Bitcoin will survive this said Hard Fork I think it will still go through beyond $9,000 before the year 2017 ends as the big time investors and small time investors will have a big trust on it and will not sell it and new comers will still go in.
sr. member
Activity: 476
Merit: 256
November 02, 2017, 06:39:30 AM
#15
I was waiting this by the end of the 2017 but here we go. We already touched the 7000 usd level and still trend is bullish and aiming to 10000 usd level
What you think guys?
$10000 is entirely possible, because the current price is still no signs of stopping. I still hope that the price will reach $ 8,000 this week. excited
legendary
Activity: 1526
Merit: 1179
November 02, 2017, 06:35:57 AM
#14
It's great looking at how the demand is getting translated into people hoarding coins, even at current levels. I have not yet cashed out anything, and I will likely not do so in the coming weeks and months.

I am in Bitcoin for the long term, and believe that even current levels are still peanuts to what the levels will be in the coming years. Honestly, why would you sell now at current levels, when you can sell at +$25,000 later?

I definitely understand that people get tempted to sell, and maybe it might even turn out to be a profitable action for traders anticipating on a correction, but long term hodlers have always been the real winners here.
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