Price Back to 5,700 and rise more | Bitcointalksearch.org

eagleman

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Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

So are you expecting the price of bitcoin will decrease because of bitcoin gold? No way that many will be gambling their bitcoin for bitcoin gold. There's not that much support in bitcoin gold and you are thinking the opposite way as many bitcoin gold will be on selling order instead of buying order.

This will lead the price of bitcoin to increase and check it out again on preev.com the price is now good at $5,901.

radjie

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Quote from: rhamzter on October 27, 2017, 01:13:18 AM

Quote from: Juggy777 on October 26, 2017, 10:58:30 PM

Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

Why would anyone do that? Bitcoin for Bitcoin gold is one of the worst idea ever, Bitcoin price is back to 5900 and it's going strong. I had always know that this fork, was a perfect disaster and that it would soon go out of circulation. The sentiment is very strong, and now all eyes are on segwit2x, so far it's receiving mixed support, if it puts action replay, then I feel we shall see Bitcoin touch a all time high and 7k shall be very soon on us. However as of now there no word, it shall be implemented, will be interesting to see if they do it.

Don't worry regarding bitcoin fall down because we all know that bitcoin declining price is temporary only. Maybe bitcoin decreasing price is only due hard fork happen last Wednesday, but i don't sure if segwit happen was largely affect direct to the bitcoin price.
Therefore we believe that after a week or a month bitcoin value were moved raising up, because the Christmas is coming so I don't see any reason to fall down again.

the occurrence of hard forks yesterday did greatly affect the price of bitcoin, as we saw yesterday many people are panicked to sell bitcoin because they fear bitcoin prices will decrease, but after a hard fork can be passed I believe bitcoin will increase the price again.

rhamzter

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Quote from: Juggy777 on October 26, 2017, 10:58:30 PM

Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

Why would anyone do that? Bitcoin for Bitcoin gold is one of the worst idea ever, Bitcoin price is back to 5900 and it's going strong. I had always know that this fork, was a perfect disaster and that it would soon go out of circulation. The sentiment is very strong, and now all eyes are on segwit2x, so far it's receiving mixed support, if it puts action replay, then I feel we shall see Bitcoin touch a all time high and 7k shall be very soon on us. However as of now there no word, it shall be implemented, will be interesting to see if they do it.

Don't worry regarding bitcoin fall down because we all know that bitcoin declining price is temporary only. Maybe bitcoin decreasing price is only due hard fork happen last Wednesday, but i don't sure if segwit happen was largely affect direct to the bitcoin price.
Therefore we believe that after a week or a month bitcoin value were moved raising up, because the Christmas is coming so I don't see any reason to fall down again.

Juggy777

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Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

Why would anyone do that? Bitcoin for Bitcoin gold is one of the worst idea ever, Bitcoin price is back to 5900 and it's going strong. I had always know that this fork, was a perfect disaster and that it would soon go out of circulation. The sentiment is very strong, and now all eyes are on segwit2x, so far it's receiving mixed support, if it puts action replay, then I feel we shall see Bitcoin touch a all time high and 7k shall be very soon on us. However as of now there no word, it shall be implemented, will be interesting to see if they do it.

AmXProX

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Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

The price went down after the October 25th fork after people tried selling their BTC after getting their BTG but now prices are getting higher and higher. It might only mean that bitcoin is being accepted by more and more people and might hit the $7000 mark in no time.

shesheboy

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Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

they are not selling their bitcoins to get bitcoingold rather they are buying bitcoins to get bitcoin gold equivalent to their current bitcoin balance and thats how it works just like happened on the past bitcoincash fork but i see they are having a hard time on this bitcoingold trend because some says this coin is not worth it and many says it was a scam, many speculators and news circulating now on the web and on the forum about btg so i guess lets just have to wait for the final announcement on what is the best thing to do about this.

HatakeKakashi

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Today price of bitcoin is 6000 dollars and I think it will increase more again so if you have extra money its better if you buy bitcoin now and for sure you will earn a lot of profit in the future . But it depends on the demand on the market if the price increase or decrease. For sure the possible price next month is 7k dollars and before end of this year is 8k dollars and thats good to make more profit.

Pepito Manaloto

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Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

That's the definition of Bitcoin being volatile. Its market value always has the tendency to change. It is now continuously increasing with a market value above 6000$. I think it is an advantage since the jncrease is continuous so there's no problem with that to the investors. Even if the market price is already high, atleast, it is still increasing .

jekjekman

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Bitcoin's price go went down to as low as $5400 on the 25th. Maybe the reason for that was the people who already got their BTG after the fork sold their BTC to the market right away but look at the price of the coin it continuously go up. I expect it to hit the $6000 mark again in few days. And once it hit it, it will stay on that range for the next days. Remember fork was finish and if the price goes beyond $6000 from today it means that it is because of the rising demand for the coin.

Youghoor

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Yeah i am glad of it, i always knew that the price was going to recover again and that is why i havent sold my coins when it was dumping again to $5500. I saw the charts a few hours ago and the price touched $6020 (it's ath from today) but it is good to see bitcoin up again. Maybe all those who predicted that it was going to be below $4000 after the fork can realize that they were wrong with that prediction.
Anyway, it will be going up for the next days for sure.

BCTBF

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Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

Am I wrong about that? I think we do not have to sell bitcoin to get BTG, we just have to hold bitcoin so we can get BTG for free, it's the same as yesterday we can get BCH. Yes the bitcoin price is slowly rising again, I hope it will exceed $6000 again in a few days.

fabiorem

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I see people talking about investors getting BTG and hence the altcoin massacre.

However, until now I didnt see how you can claim BTG. There's no QT wallet in their page, no instruction on how to retrieve it, they only list some ONLINE wallets which as everybody knows are not 100% trustworthy.

With BCH it was much faster, and I found instructions even here on this forum.

BTG is PRE-MINED and so I dont see how speculation in BTC might be related to that, as pre-mining is very ethereum-ish. I think BTC is rising due to slow adoption by mainstream investors (ie, guys who put money in stock markets). Just that, plain and simple.

InvoKing

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Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

Bitcoin price should be +$6000 so it is normal to see people buying some coins now to sell it later, especially that a hard fork is incoming so it is better to have maximum coins as possible to earn as much Bitcoin gold to sell it later.

Quote from: erep on October 26, 2017, 01:04:32 PM

$5963 USD price on Bitstamp right now. I think it will reach to $6500 towards fork and then may see a correction to go forward. I am just holding for a high point to sell a part.

I tend to agree with you

erep

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$5963 USD price on Bitstamp right now. I think it will reach to $6500 towards fork and then may see a correction to go forward. I am just holding for a high point to sell a part.

Eleven86

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Quote from: Rahar02 on October 26, 2017, 11:39:30 AM

Cryptocurrency market always react to new development or something like BTG hard fork.
There are some speculations about traders did a short-term sell off and invest into altcoins.
Then, people reallocate their funds into bitcoin after hard fork which caused bitcoin recover to $5900.
Maybe people are ready to set $6k as the bottom line of bitcoin price, we will see it soon by the end of this month, I guess.

Hope to have $6k plus after the hard fork BTG. This is common when an apt is introduced, many invest into it hoping for a good return in future. Hope this does bring good profit spending btc for BTG.

Rahar02

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Cryptocurrency market always react to new development or something like BTG hard fork.
There are some speculations about traders did a short-term sell off and invest into altcoins.
Then, people reallocate their funds into bitcoin after hard fork which caused bitcoin recover to $5900.
Maybe people are ready to set $6k as the bottom line of bitcoin price, we will see it soon by the end of this month, I guess.

arpon11

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Quote from: TheMojo1 on October 26, 2017, 05:44:17 AM

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

This is good news and I just checked bitcoin price now from https//coinmarketcap. com and bitcoin price is currently above $5,947. I have noticed that bitcoin has resume it earlier trend from$1,750 that lead us to get to $4650 in early September and push us to $6150 this month and a broken of that level will get us to above $7000! The influence of the desire for getting a free coin from the bitcoin splitting cannot be overemphasized and this is the major reason why bitcoin is recovering now.

iqlimasyadiqa

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Quote from: makishart on October 26, 2017, 10:43:17 AM

Quote from: anonyme69 on October 26, 2017, 09:43:47 AM

Quote from: LFC_Bitcoin on October 26, 2017, 06:27:13 AM

I read something earlier that several Chinese exchanges are/will be trading bitcoin again. Their government is rumoured to be relaxing its ruling on the ban so this is probably the reason for the price increase we are currently witnessing.

Are you mean huobi they try open new site to avoid government ban by made new site huobi.pro

Yes it is, but you can try to see about the latest announcement that already released into the public by huobi itself, it seems the exchange will be actively trading the bitcoin again in the future. Some people are saying about the old news regarding the china ban was fake. But i don't know about the truth behind it.
What's your opinion?

Yes Huobi will be running again. there's been so much news saying that. I might feel strange if huobi try to create a new website to avoid the ban from the Chinese government, but it should be actionable by the government. I am more convinced that the government is actually just pretending to be about the ICO ban and trying to ban Bitcoin, whereas the fact that I am currently seeing that the government supports Bitcoin. I would probably be annoyed to hear that the Chinese government deliberately made a statement to make some parties get a profit when bitcoin prices decrease. this is a very dishonest act in my opinion.

Pab

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I ve been reading that there is rumor about Amazon accepting btc,Due that news Amazon will announce that today in his earnings report after wall street session 4 pm est

Skyborn

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This is yet another example why you always should catch the dips when it comes to bitcoin. Bitcoin can be very profitable if you are trading with more than one bitcoin and can catch the right dips. I expect we will hover around 6000$ until the 2x fork occurs. After the market will decide what we will do. Very volatile tiles ahead

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