Finally we hit the 7000$ level | Bitcointalksearch.org

VuLDK

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Quote from: mike4001 on November 02, 2017, 03:08:07 AM

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

marcuslong

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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?

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.

DeathAngel

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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.

trobin

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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.

Question123

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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.

Eugenar

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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?

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.

Rheachan1425

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I just say "wow".
I was so amazed that bitcoin will rise this high.

mharz

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Quote from: adam1230 on November 02, 2017, 08:06:17 AM

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.

adam1230

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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

gilangIDR

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Quote from: DrGuns4Hands on November 02, 2017, 07:35:55 AM

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

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.

cryptocrusher

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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?

"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.

fabiorem

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Quote from: Kemarit on November 02, 2017, 07:44:25 AM

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...

Kemarit

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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?

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.

DrGuns4Hands

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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

candy27

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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.

Slow death

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Quote from: sofi@ on November 02, 2017, 03:38:45 AM

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

Lucius

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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.

leonair

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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.

jackhdt

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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?

$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

BitHodler

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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.

margarete11

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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?

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

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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

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

Shinpako09

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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

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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

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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

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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

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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

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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

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

sofi@

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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

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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

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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 (Read 624 times)