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Topic: Markets Update: Bitcoin Skyrockets to $4650 Setting New All-Time High (Read 896 times)

member
Activity: 84
Merit: 10
"One Token to Move Anything Anywhere"
I think ATH is one thing, the market dominance is another, we should see if alt-coins are out performing BTC or not. if so, ATH doesn't mean anything because others will catch up.
It isn't about that you have specified ATH altcoins. Altcoins are obviously better than nearby monetary standards since we realize that altcoins are presently a days superior to anything neighborhood monetary forms like take a gander at to ETH? ETH is performing superior to different altcoins and superior to neighborhood monetary forms why BTC is most ideal approach to acquire more cash. BTC is father monetary forms.
full member
Activity: 770
Merit: 101
fLibero.financial
Today bitcoin has proven to be resilient and superior to any currency. Eyes have not seen the true potential of bitcoin
full member
Activity: 378
Merit: 100
With the introduction of a U.S. regulatedoptions and futures market for bitcoin later this year, I believe bitcoin prices are headed much higher. I think at the end of the year could reach $ 5000 even more  Cheesy
$5,000 for Bitcoin is enough if United States want control the volatility of cryptocurrency market and helps minimize the risk when trading for trader and investor. They understand in earlier this year while many people become to millionaire with Bitcoin, on market also have loser from millionaire become to poor man in short time Grin

Yes.. I understand, many of my friends here who suffered defeat in this year before and after the events of August 1 yesterday. But many also won because it has long hold bitcoin from the previous year. I hope that the future of better and higher prices, we see and wait for it.
legendary
Activity: 1232
Merit: 1000
After the back and forth action to $4250-$4350 we have surpassed $4500 and is kinda sitting pretty on that price range. Sell walls doesn't look like someone is going to release the floodgates so I'm seeing that testing higher highs is on the way. Also, it's good that many Asian countries are now leading in terms of trade volume. Economy is starting to get stimulated from all over the world.

If Asian companies are responsible for the increase in volume, that poses a risk as well. Any unfavourable regulatory action could lead to volumes disappearing. Still, I am hopeful of Bitcoin reaching $5000 by the end of this year.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
With the introduction of a U.S. regulatedoptions and futures market for bitcoin later this year, I believe bitcoin prices are headed much higher. I think at the end of the year could reach $ 5000 even more  Cheesy
$5,000 for Bitcoin is enough if United States want control the volatility of cryptocurrency market and helps minimize the risk when trading for trader and investor. They understand in earlier this year while many people become to millionaire with Bitcoin, on market also have loser from millionaire become to poor man in short time Grin
legendary
Activity: 3542
Merit: 1352
After the back and forth action to $4250-$4350 we have surpassed $4500 and is kinda sitting pretty on that price range. Sell walls doesn't look like someone is going to release the floodgates so I'm seeing that testing higher highs is on the way. Also, it's good that many Asian countries are now leading in terms of trade volume. Economy is starting to get stimulated from all over the world.
full member
Activity: 378
Merit: 100
With the introduction of a U.S. regulatedoptions and futures market for bitcoin later this year, I believe bitcoin prices are headed much higher. I think at the end of the year could reach $ 5000 even more  Cheesy
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
Do you guys think the Bitcoin rate will continue to increase like it is doing these past weeks? I am not going to complain to see Bitcoin above $4500 lol but in my opinion, we may see an opposite move before November and lot of us will be disappointed. What I mean is look, Bitcoin keeps increasing daily and can't even be stable for a full week, I don't think this is about to be pessimistic but need to come back to a reality

Regarding November - it depends entirely on how the current BTC/BCH fork goes.

People were very relieved on August 1st that it went so smoothly and didn't appear to have an impact on BTC - which is why we got the relief rally from $3000 to above $4000. Then we got a flash crash when the miners shifted over to BCH after August 19th. Then a recovery when they shifted back. Things now seem to have stabalised, but if this thing goes badly with constant messing around with the mining and thus the blocktimes, then people arn't really going to want ANOTHER fork in November. It will fill them with dread and we might see a sell off if there is no consensus to prevent a fork.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
Do you guys think the Bitcoin rate will continue to increase like it is doing these past weeks? I am not going to complain to see Bitcoin above $4500 lol but in my opinion, we may see an opposite move before November and lot of us will be disappointed. What I mean is look, Bitcoin keeps increasing daily and can't even be stable for a full week, I don't think this is about to be pessimistic but need to come back to a reality
legendary
Activity: 2674
Merit: 1048
The high price is attracting some sellers. See the following thread where coins from 2010 were moved, some of them (1000 coins) to Bitstamp:

https://www.reddit.com/r/Bitcoin/comments/6wvdmo/who_is_moving_these_2010_coins/

That's a fair chunk of money, and it must be owned by one of the very early miners who was just mining away using an ordinary computer.


a lot enough to make the market flased down , but not enough to break the up trends right now , new all-time high will keep coming every year, every month. i will just hold my bitcoin for now at least until the next panic selling climax which i think could happened before new year.

coindesk recorded the all-time high of bitcoin price $4,707.55 happened 30 Aug 04.37 UTC time by the way.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!


The high price is attracting some sellers. See the following thread where coins from 2010 were moved, some of them (1000 coins) to Bitstamp:

https://www.reddit.com/r/Bitcoin/comments/6wvdmo/who_is_moving_these_2010_coins/

That's a fair chunk of money, and it must be owned by one of the very early miners who was just mining away using an ordinary computer.



Some says, that it was Satoshi, but I doubt it. Maybe just a old miner who wants to claimed his free BCH/BCC.



The intriguing thing is that he didn't touch his BCH at all. He moved bitcoin only...
sr. member
Activity: 826
Merit: 265
I think ATH is one thing, the market dominance is another, we should see if alt-coins are out performing BTC or not. if so, ATH doesn't mean anything because others will catch up.

On the contrary bitcoin has been dominating that is why we are seeing new ATH because its performing very strong. Is there any altcoins that can challenge bitcoin coin? They say, ETH but the so called "flippening" did not happened. That is why we reach a new ATH.

The high price is attracting some sellers. See the following thread where coins from 2010 were moved, some of them (1000 coins) to Bitstamp:

https://www.reddit.com/r/Bitcoin/comments/6wvdmo/who_is_moving_these_2010_coins/

That's a fair chunk of money, and it must be owned by one of the very early miners who was just mining away using an ordinary computer.



Some says, that it was Satoshi, but I doubt it. Maybe just a old miner who wants to claimed his free BCH/BCC.

I think that people too pay much attention to the price of bitcoin. I don't care how much it will cost bitcoin. For me the main thing that it was and developed. Bitcoin as a tree. If you create for it favorable conditions it will grow and bless us with its fruits. If this is not done, the tree will wither and we will never see the fruit.

This is a bitcoin forum so don't expect anyone not to talk about it specially the price. If you don't care about the price, then why are you here in the first place? We pay too much attention because almost of us here are traders and admit it or not, we are all for the profit.
full member
Activity: 364
Merit: 106
I think that people too pay much attention to the price of bitcoin. I don't care how much it will cost bitcoin. For me the main thing that it was and developed. Bitcoin as a tree. If you create for it favorable conditions it will grow and bless us with its fruits. If this is not done, the tree will wither and we will never see the fruit.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
The high price is attracting some sellers. See the following thread where coins from 2010 were moved, some of them (1000 coins) to Bitstamp:

https://www.reddit.com/r/Bitcoin/comments/6wvdmo/who_is_moving_these_2010_coins/

That's a fair chunk of money, and it must be owned by one of the very early miners who was just mining away using an ordinary computer.

legendary
Activity: 1652
Merit: 1000
i'm not really concern to see bitcoin compare to dollar and more likely to see bitcoin compare to my local currency and indeed yesterday it was confirmed that all-Time High was already happened in my local exchange too and this is good for me but i'm slightly regretted didn't sold my bitcoin at that price because today the price slightly down however next month i want to see bitcoin reach to $5000 
sr. member
Activity: 471
Merit: 500
I think ATH is one thing, the market dominance is another, we should see if alt-coins are out performing BTC or not. if so, ATH doesn't mean anything because others will catch up.
full member
Activity: 632
Merit: 122
it's like before when we're trying to hit $4000 marks,
hit $4000 marks and then goes down to $3800,after that trying again and the surpassing $4000
so it's a good sign for Bitcoin,and i believe we will see $5000 marks soon
hero member
Activity: 1666
Merit: 753
Bitcoin’s value is skyrocketing today on August 29 reaching an all-time high of $4,650 per BTC across global exchanges. Bulls don’t seem to be letting up as the price continues to climb after short periods of pullbacks as $5K per BTC could be just around the bend.

Bitcoin Surpasses Another All-Time High

After a solid week of bouncing around the $4,250-4,350 range, bitcoin markets kicked into high gear on Monday after the weekend, reaching a new all time high. At press time the price per bitcoin is hovering around the $4580-4630 territory and sell walls look extremely flat on many popular exchanges. Bitcoin trade volume has been strong commanding $2.2B worth of trades over the past 24-hours, and bitcoin dominance is averaging around 46 percent. The highest trade volumes for bitcoin right now are currently stemming from Japan, China, the U.S., South Korea, and India. Interestingly, Asian markets from exchanges like Bitflyer, Bithumb, and Huobi are currently trading roughly $50 less than western exchange spot prices

https://news.bitcoin.com/markets-update-bitcoin-skyrockets-to-4650-setting-new-all-time-high

I've heard people talk about the asian markets being the sort of "leading light", which acts before the western ones do.

I guess that was one of the reasons why the correction came so quickly, from $4700 down to $4500 right now. Another all time high though... This thing is just blowing up like hell right now, there's no stopping it (until the bubble pops).

This current pump could potentially be as a result of bitcoin cash adjusting down quite a bit in the past few days. There still appears to be an inverse relationship between these two coins. I'd expect another ATH to be broken really soon, but then the crash wouldn't be far away either.
hero member
Activity: 952
Merit: 513
Bitcoin’s value is skyrocketing today on August 29 reaching an all-time high of $4,650 per BTC across global exchanges. Bulls don’t seem to be letting up as the price continues to climb after short periods of pullbacks as $5K per BTC could be just around the bend.

Bitcoin Surpasses Another All-Time High

After a solid week of bouncing around the $4,250-4,350 range, bitcoin markets kicked into high gear on Monday after the weekend, reaching a new all time high. At press time the price per bitcoin is hovering around the $4580-4630 territory and sell walls look extremely flat on many popular exchanges. Bitcoin trade volume has been strong commanding $2.2B worth of trades over the past 24-hours, and bitcoin dominance is averaging around 46 percent. The highest trade volumes for bitcoin right now are currently stemming from Japan, China, the U.S., South Korea, and India. Interestingly, Asian markets from exchanges like Bitflyer, Bithumb, and Huobi are currently trading roughly $50 less than western exchange spot prices

https://news.bitcoin.com/markets-update-bitcoin-skyrockets-to-4650-setting-new-all-time-high

I really wouldn't be surprised if the value went up again after this(perhaps even $5k+) because of just how crazily people seem to be buying into bitcoin and other altcoins. I've been hearing about cryptos all over the news, and i guess that's what's primarily driving these series of crazy pumps - publicity and media coverage.

We are still close to the all time high even though price has gone down a bit since earlier today.

Just don't forget that we are in a bubble(most likely). It could last a long time, but eventually it'll pop. Just be cautious in your investments, don't invest more than what you can afford to lose.
sr. member
Activity: 952
Merit: 323
Well from past few days its price is surprising everyone and now it had break 4600$ reaching all time high. This seems a good news for the bitcoin holders and most probably I believe it will make it to 5000$ very soon...

yeah agree for that bitcoin will break new records by reach 5000 dollar. most of bitcoin user will be happy to heard it especially the holders of bitcoin.  it will very profitable for them due to their money will increasing.
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