It's Surpising: Bitcoin Price Touches New Height

okala

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

This is not a bubble and this happens most times because of the high rate of demand for bitcoin over other currencies. You will need to develop your knowledge on how order book work across all the exchangers platforms sites and you will easily understand why bitcoin keep increasing. The demand is very high and because it is very high, the price will definitely increased.

cindygirl

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Bitcoin going from 10k to 9k isn't a sign of a bubble, it's just part of bitcoins high level of volatility, such 10% swings in one day happen probably in 50% of days or something similar to that amount.

Fedor07

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It's not surprising at all , this was predictible . When Bitcoin grow up from 5000 to 8000 $ in just a month . After that I new that Bitcoin will gonna touches new height , a bigger high . And a think that will reach a totally new and surprising amount in the new year 2018 . So no , it's not surprising at all, at the end o the November Bitcoin achieve 11000 per Bitcoin.

bitcoinrays

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Quote from: ImHash on December 01, 2017, 10:48:37 AM

I had my goal for $15000 to cash out a massive amount of my holdings, Not any more Cheesy

At least not after seeing the price increasing by $4000 in less than 2 weeks. I have new goals now, The price needs to reach high as $45000 for me to cash out 30% of my bitcoins Cheesy

Soon price will be touching 15k and you will be going to achieve your goal and after getting profit must place the profit away and again invest into bitcoin that will be more helpful for you in future I am doing the same thing, and I am holding my coin since price was at 7k and aiming to achieve 100% of profit and I am sure that my patience will pay off me soon and will see that price will not stop at 15k it will rise more,

tweetbit

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Surprised? Oh I thought it is just a normal thing. Bubble? then it goes 11600$ per bitcoin now. How can this even be considered as one if the price go up again. It’s been said and discussed that bitcoin is not in a bubble and I’m sure it was never be the case. Hope you know now that bitcoin fluctuations range is high and it will increase and decrease big but stay on top.

dmamigo

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Quote from: SONG GEET on December 03, 2017, 01:52:55 PM

It is just a normal correction after a huge surge, and actually bitcoin price is already surging again to achieve new ATH price soon.
$20k per bitcoin before new year seems possible..

Probably it was a correction and also a panic sell simultaneously. The price is kind of stable, it will roam around $10.5K to $12K for atleast the first 2 weeks of December. But nothing is impossible regarding Bitcoin, but $20k before New Year is way too high expectation and a kind of unrealistic one.

Zentor

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Look at Bitcoin price as a percentage. His volatility doesn`t changed a lot from a time since he was worth 1000$, everything is okay.

Silberman

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Since you are new in the forum, maybe you are new to bitcoin as well, but this is normal for bitcoin, if this was the stock market and the Dow Jones lost 7% in a single day people will be talking about a coming recession and about what the government should do to change this situation, but when it comes to bitcoin losing 10% in a day is nothing, just get used to it.

Jating

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Don't be surprised dude, Bitcoin again touches all-time-high if I'm not mistaken. I saw the price earlier at around $11,7xxx so another 7% growth as of today. This price movement is really tremendous and quick that's why most of us thinks its a bubble that is waiting to be burst. But so far the sentiment of most investors are very bullish, so this wild swings will still persist. Just don't panic if you see the price going down though, its normal and we can quickly recovered from it.

Quote from: SONG GEET on December 03, 2017, 01:52:55 PM

It is just a normal correction after a huge surge, and actually bitcoin price is already surging again to achieve new ATH price soon.
$20k per bitcoin before new year seems possible..

Anything is possible now since we broke 5 figure at the end of November. Realistically, $20K this year is hard to get in my opinion. Maybe a decent $14K or $15K would be a good prediction. We may see corrections in the process, so their will be another pullback and reset so for me, $20K is far-off this year.

SONG GEET

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It is just a normal correction after a huge surge, and actually bitcoin price is already surging again to achieve new ATH price soon.
$20k per bitcoin before new year seems possible..

gilangIDR

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Since a few days ago I was always surprised by the increase in bitcoin prices. This does look quite strange, but in fact we have seen the bitcoin price is getting better. I was surprised when bitcoin prices were past 10,000 $ and this is a remarkable success of bitcoin development. This incident has made many people increasingly interested in using bitcoin, they think that when bitcoin made an investment then it is a matter that will bring many benefits.

surix

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what is surprise about it? the fear of missing out (FOMO) is working exactly as it should...

I have taken back the initial investment already while BTC hit 8000USD, so I sleep very well now and just enjoy the ATHs...

orions.belt19

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Quote from: di.ako.toh on December 01, 2017, 09:24:58 AM

Few hours ago, bitcoin value goes down just like lower than $10k, then at this moment it goes up again and back to $10k more. It is not kinda surprising if it hits another height of price, because it has already reached, it just goes up and down. Also, it is just a prove that demands of bitcoin increases also as the value of bitcoin do the same.

It's normal for the price to be like this - going up and down constantly. Once the price hits a new height like $10K, it is but expected for the price to go down again. The price trend has been sort of like a roller coaster, except that its upwards trending. Meaning, even though it's been going up and down, the price still continues to go up in the long run, judging from the charts.

Just because the price went down right after it reached $10K, it doesn't mean that the bubble has popped. It would take more than that for a crash to happen.

hahahafr

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Well, it already touched a new all time high, and you change the title again, it seems that you are afraid of having negative replies in here, hehe.

Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

touches $10k and Suddenly its down approx $9k.

And the same question goes again! Give a bunch of bitcoins to this guy! HE has been the first one in asking this shitty question! He is VERY SMART.

Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

So what do you think about it? Is it a Bubble or Not?

OH my god, when are all of you going to stop repeating the same question? It is full of this, if you do not trust bitcoin, then do not join! It is easy as that, i do not understand why are you wasting your time in something that you do not even trust

wuvdoll

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

It is really not something that is not expected. Corrections are imminent and we expect traders to want to quickly try to take profit, but looking at the charts and the level of correction so far, there is really no cause for alarm and I really would not consider it a bubble.

Have you seen a bubble chart before, take a look at some diagrams on Google and you will see ! The support is huge and bitcoin is setting a pace as a viable currency which speaks a lot of volume.

cipher-x_09

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Well I wouldn't be surprised if bitcoin gets 12,000 or 13,000 US dollars by the end of December 2017 with the one going news that approximately many more countries and business firms in the world are accepting bitcoin even Robert Kiyosaki is talking the freedom that bitcoin is giving its users which is why bitcoin is at rise now considering that is was underdog by many during it's previous years.

Drnice

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

It might be a bubble as you call it, but with a week or two, it will settle on $10k and start another movement to a new hight. Am not surprised with the high rise in the price of bitcoin, cause it will continue and might go mind blowing by the end of December.

beerlover

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Quote from: DaMut on December 01, 2017, 02:26:57 AM

to be honest it's not surprising at all because it's predictable,
if you're here for the past few months you will see a lot of people calling it a while ago.
even Bitcoin reached $11.000 nearing $12.000 level,
what do you mean by bibble ? are you saying about bubble ?
if you're asking about bubble i do not think it can be considered as a bubble,lately we heard a lot about Bitcoin.
from regulated exchanges in some countries,listing futures and many more in upcoming days.
which mean slowly but sure it got an attention from peoples around the world with that the demand increasing and pushing the price to the top.
even though current our move can be said as a manipulation,
but it does not matter because in the future we should see the price hit this level and surpassing it.
Bitcoin has a lot of room to grow and potential.

In fact, the potential is massive and we have not seen anything yet. This is a normal thing and it amuses me when people keep saying bitcoin is a bubble. All this little corrections that we are having says otherwise. The market is new, so many new investors are coming in, and it is getting matured each and every day and that is something I cannot call bubble.

The market may be unstable and there are lots of uncertainties, but that does not mean it does not have great potentials. Bubbles really do not have values and they are just set by people, bitcoin does.

LeGaulois

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

It's just 10% its nothing to be worried about. it's a joke for bitcoin. Some people like to call bitcoin a bubble for nothing. not even sure they know what a bubble is referring to. there are some other altcoins with a more frequent behavior but they don't call this a bubble lol
bitcoin can be surprising sometimes, deal with it.

ImHash

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I had my goal for $15000 to cash out a massive amount of my holdings, Not any more Cheesy

At least not after seeing the price increasing by $4000 in less than 2 weeks. I have new goals now, The price needs to reach high as $45000 for me to cash out 30% of my bitcoins Cheesy

omonuyak

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Bitcoin price even went up to $11,400 on some exchange platform and this might continues towards $15,000 before end of this year. I have reason that bitcoin is not a bubble and little corrections do not mean the price is out of control. I think many are becoming aware of bitcoin lately and that is why its price keep going up.

di.ako.toh

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Few hours ago, bitcoin value goes down just like lower than $10k, then at this moment it goes up again and back to $10k more. It is not kinda surprising if it hits another height of price, because it has already reached, it just goes up and down. Also, it is just a prove that demands of bitcoin increases also as the value of bitcoin do the same.

Thanasis

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Yeah,it is little bit surprising for me because I thought bitcoin will hit $10K by end of this year but it hit one month before.No,it is not bubble it is just a price correction after the huge price dump in bitcoin yesterday the price reached upto $11500,so now the price dropped little bit.But bitcoin recovered from that price drop currently the price of bitcoin is $10250.Now I expect the bitcoin will end this year with $13K.

clrpod

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Actually the price went up above 11k and then fell in to the 8000s before now gaining some stability around 9500-10000. All of it was pretty predictable, it was pumped above 11k with little volume and then many profited by selling at that price and this drove the price down. It was a monumental moment but none of it was surprising. Is it a bubble? Who knows for certain, maybe one day it will pop, maybe it won't, but bitcoin does have real world uses so it's not purely speculative and will probably always have some value.

talkbitcoin

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All I know is that I know nothing.

nothing about this movement was surprising. maybe to someone who has never looked at bitcoin price history it looks surprising but this kind of movement is perfectly normal. there was a big rise from $8100ish which ended with a pretty nice correction to $9500 and now a short period of accumulation occurs before the demand drives the price back up above $10,000 again.

none of this means bitcoin is in a bubble! you just saw a "big" number on your screen and thought it must be a bubble because it was "big"!

iamTom123

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Quote from: S.coastapps on December 01, 2017, 12:25:09 AM

Hello...Friend's I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Actually, what happened yesterday was all expected especially by those who had been in the Bitcoin scene for some time. You have to get used to it and not be an alarmist or worse spread FUDs everytime there is a dip. The only word that should describe yesterday's sudden retreat in price is this: NORMAL!

After making a good bull run, Bitcoin needs to take some rest (just like all of us might do after going through an excruciating exercise) so that it can be able to gather the needed energy and stamina for the next super surge which can happen even before the calendar can turn into 2018.

Next year, we should be expecting the same behavior from Bitcoin as there can be more speculators when Futures Contracts can be available in different parts of the globe (not just in USA as others are now planning the same thing). We should get used to this. Enjoy!

S.coastapps

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Quote from: DaMut on December 01, 2017, 02:26:57 AM

to be honest it's not surprising at all because it's predictable,
if you're here for the past few months you will see a lot of people calling it a while ago.
even Bitcoin reached $11.000 nearing $12.000 level,
what do you mean by bibble ? are you saying about bubble ?
if you're asking about bubble i do not think it can be considered as a bubble,lately we heard a lot about Bitcoin.
from regulated exchanges in some countries,listing futures and many more in upcoming days.
which mean slowly but sure it got an attention from peoples around the world with that the demand increasing and pushing the price to the top.
even though current our move can be said as a manipulation,
but it does not matter because in the future we should see the price hit this level and surpassing it.
Bitcoin has a lot of room to grow and potential.

Yes! It's Not a Bibble, This is a Bubble.

DaMut

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to be honest it's not surprising at all because it's predictable,
if you're here for the past few months you will see a lot of people calling it a while ago.
even Bitcoin reached $11.000 nearing $12.000 level,
what do you mean by bibble ? are you saying about bubble ?
if you're asking about bubble i do not think it can be considered as a bubble,lately we heard a lot about Bitcoin.
from regulated exchanges in some countries,listing futures and many more in upcoming days.
which mean slowly but sure it got an attention from peoples around the world with that the demand increasing and pushing the price to the top.
even though current our move can be said as a manipulation,
but it does not matter because in the future we should see the price hit this level and surpassing it.
Bitcoin has a lot of room to grow and potential.

S.coastapps

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Hello...Friend's

I'm totally surprised yesterday when the Bitcoin price touches $10k and Suddenly its down approx $9k. So what do you think about it? Is it a Bubble or Not?

Topic: It's Surpising: Bitcoin Price Touches New Height (Read 629 times)