Finally we hit the 7000$ level - page 2.

margarete11

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Activity: 350

Merit: 250

Quote from: adam1230 on November 02, 2017, 03:05:12 AM

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?

I think 10000 usd is very possible to happen given that there still an upcoming fork coming up this November , many greedy people of course including myself wants a free money so we don't want to sell out bitcoins today so we are holding it and I think that will guarantee that bitcoin price will skyrocket again to it's new all time high !

DaMut

sr. member

Activity: 1274

Merit: 263

to be honest right now Bitcoin price is unpredictable or i believe 100% it's manipulated,
because the price is surging like no resistence and even we did not see any significant pull back after the run a few days ago,
at the beginning we're seeing it because of the split but right now it's much more weird compared to before.
i do not think we will see it in this year ($10.000),there are a lot of factors that we need to understand,
the pumpers can not push it to that point if they did not take a break for this run,or at best we will see it around $8.500,
it's not an easy matter to push the price that high compared to before,
when they're pushing $2000 to $4000 they're only need $2000 to push it and we got 100% increase,
but right now we're moving from $5000 to $10.000 to get 100% increase which is doubling from before.
well everything can be happen,but i hope people will not overhype it because everything can change at any time

Vegan97

full member

Activity: 378

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Short BTC at: https://www.bitmex.com/register/spz2

I'd say it is going to reach 10K until the hard-fork, around mid November.

Shinpako09

legendary

Activity: 2058

Merit: 1015

Yeah, new all time high $7193 and seems btc will continue what's his doing right now. Btc keeps on recording a new all time high in a short period of time. Although it was expected to happen. I still can't believe that this is happening. If you're a bitcoiner since the price fall at less than $200, you would feel the same. You will amaze on btc price. If there's no problem occur, price by December is between $8k-$10k.

Cointertrade

full member

Activity: 238

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Quote from: adam1230 on November 02, 2017, 03:05:12 AM

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?

Its great news for every bitcoin investors because of its unstoppable and very high price. But altcoins has dump and it is a bad news for bounty hunters and altcoin traders. Hoping that bitcoin is continually increase and altcoins will increase also.

samlaode

sr. member

Activity: 674

Merit: 250

Unbelievable bitcoin breaking records so fast. A few days ago we discussed when bitcoin would hit $ 7000. Now it is probably when will it hit $8000?

adam1230

legendary

Activity: 1218

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For regular commodity markets yes people will start to dump after a fast rise. But we are talking about bitcoin market and every published "Bitcoin rise %xxx today" brings new buyers inside the game.
This makes support lines over selling pressure for profit taking.

michkima

hero member

Activity: 896

Merit: 514

Quote from: 1Referee on November 02, 2017, 04:01:22 AM

None of the major USD exchanges has touched the $7000 level yet - all have remained under that price still. Other than that, with how things go right now, and the hard fork possibly steering the market up, $10,000 seems to be a formality rather than a difficult achievement. In most cases when certain things happen too often, the fun and interesting part of them vanish, but that's never the case with Bitcoin breaking through new highs constantly. If you would ask people in December of last year that we would reach current levels in the next year, they would laugh in your face. But look who's laughing now, holders can just sit back and relax seeing their wealth increase - life couldn't get any better, or can it?

I would love to see $10,000 levels, but that won't happen in an instant. I think there will always be a correction before we hit another all time high like that. It's the usual course of bitcoins ever since the start. There will be a correction here as the rise is too fast and the market will not be able to support it as when people start dumping everybody follows due to fears of losing those profits.

1Referee

legendary

Activity: 2170

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None of the major USD exchanges has touched the $7000 level yet - all have remained under that price still. Other than that, with how things go right now, and the hard fork possibly steering the market up, $10,000 seems to be a formality rather than a difficult achievement. In most cases when certain things happen too often, the fun and interesting part of them vanish, but that's never the case with Bitcoin breaking through new highs constantly. If you would ask people in December of last year that we would reach current levels in the next year, they would laugh in your face. But look who's laughing now, holders can just sit back and relax seeing their wealth increase - life couldn't get any better, or can it?

fabiorem

sr. member

Activity: 1400

Merit: 347

I think we're going straight to the fibo level limit before a correction, that is, $8000.

sofi@

full member

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Merit: 108

My speculation also is that bitcoin can possibly hit $7000 in the beginning of 2018 or last week of 2017 but here we are now its very impressive, what a wonderful year for bitcoin, I never expect that it can really valued this high I admit at first I don't believe that bitcoin can go higher than $5000 but when it reach $6000 and then day by day it increases rapidly I become amaze of this digital currency.

mike4001

sr. member

Activity: 443

Merit: 260

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.

adam1230

legendary

Activity: 1218

Merit: 1001

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?

Topic: Finally we hit the 7000$ level - page 2. (Read 624 times)