The Rise of Bitcoin - page 4. | Bitcointalksearch.org

Twinkledoe

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Quote from: carter34 on July 28, 2020, 02:31:54 PM

Quote from: Alert31 on July 28, 2020, 11:58:11 AM

What are the reason behind the rise of bitcoin?

Is there really a reason for this bull move for a week now?
Well none that I can tell of. I noticed a bull run was preparing to happen since price was between 9 to 10,000. Now price has gone above 10000, we just have to enjoy it.

I think it's much more expected, a few months after the halving a bull run is expected, it's a trend that has been there in history, because I don't see any news as of recent or any fundamental analysis for the pump

Maybe it is just high time that bitcoin will rise as this increase has been put on hold when the pandemic conquered the global population. And since many people are slowly getting back to its feet, and so is bitcoin market. The rise is owed to various factors and we really can't pinpoint it to one or 2 reasons. It is combination of good things happening in the crypto market.

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Quote from: Alert31 on July 28, 2020, 11:58:11 AM

We can see the new surge of bitcoin in crypto market . It exceed $10K again and I believe many are earning now especially those with holding during the downtrend of bitcoin. But,to what extent bitcoin will raise more today?
Do you think ,what happened last 2018 will happen again this coming months?
What are the reason behind the rise of bitcoin?

Edit: Sorry for putting a wrong number on the value of bitcoin, I didn't mean it. It is just above $10K and not $500K.
I wrote this topic just for discussion in order to know the opinion and knowledge of everyone.

What you ask has an uncertain answer, because the answers are all based on predictions and personal analysis. I also do not know the value of bitcoin will go up to what extent, and the possibility that fall could have happened. While the question that is very often asked is the reason behind the increase or the reason behind the decline. The reason lies in what information you believe, I read someone's analysis of the decline in the value of shares and where it increased the bitcoin market, as for the analysis of whale planning about current scenarios and many others.

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Quote from: finaleshot2016 on July 31, 2020, 12:37:53 AM

Quote from: michellee on July 30, 2020, 11:29:00 PM

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To my knowledge, Bitcoin has crossed $10,000+ three times so far. So there is no end to the enthusiasm of bitcoin holders. Let Bitcoin rise above December 2017 This expectation remains all the time. Although its duration was much shorter, this time I hope everyone will have a longer duration of Bitcoin price increase.

Bitcoin price is not just crossed $10k, but it increased more than $11k, the price is still at $11k. It is a good sign for bitcoin to rise more than now, and I am sure that the price will break another high price sooner or later. But before we see another high price, we need to ready for the downtrend that can happen anytime, so we have a chance to buy bitcoin again.

Definitely the price will break and hoping that it'll reach $15k!

I have a mistake done recently, I early converted my BTC when it hits the $10k, now I'm gonna buy again and wait for it to reach the $15k. We are also hoping for another ATH, do you think that $20k+ is possible? For me, yes! We are still in the Q3 of 2020 and there are still many days for the bitcoin to surge its price.

I am sure the price will reach $20k+ and wait for that will happens. In these Q3 and Q4, we can hope the price can surge higher because we already break $10k, and I am sure sooner or later, we will break $15k, and so on. You should use the time to buy bitcoin when the price makes a correction and hold it for a while until the price can back to the high price.

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Quote from: bearexin on July 30, 2020, 10:00:34 AM

How about we stop looking for reasons every time , when we know for sure that we can’t come up with any reason that might have led to the increase, all we end up doing is just to speculate about it which is not right. Let’s just assume that there was more demand and that led to the increase.

If we stop speculating for things with crypto price will be as stable as dollar. The reason why bitcoin has a price is because of speculation if there's none at all price will not move, just so happen these past few days that speculation was highly favorable on its own making a huge move in terms of the price. " let's just assume that there was more demand that led to the increase " , bro that's the same as speculation

Quote from: bearexin on July 30, 2020, 10:00:34 AM

I was already expecting this increase to happen. Before now the price was at $7k and it took time before it crossed the resistance level and moved to $9k and the same started happening again, the bulls were able to keep it stable the same way they did before now. And after a long time it has finally moved to this $11k. This might trigger a FOMO if the price keeps going like this.

We all expect things to happen with bitcoin, we always anticipate the price to increase however none of us know when it will be happening just like what happened last week, the price surges and most of us think that it will be just a short term but it's not, price continue to rise and there again speculation for where it is going after it is high. Just see where the price will be at last before climbing down.

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Have show the way bitcoin will raise to higher price, keep consist and make bitcoin day by day always on the top price and give chance for many investor to get much profit, waiting how stronger bitcoin raise up, could back sweet moment where bitcoin break out to higher price above $20,000 of become fantastic price in this year.

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Bitcoin price reached $11k recently and it seems stable at this position. Maybe we aren't going to see another pump soon. I thought there will be a price drop after reaching that point. But bitcoin price seems stable at this point. We may see a noticeable change on price at this weekend. The world haven't come out of the covid-19 crisis yet. So don't think we will see huge price up soon.

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Quote from: Alert31 on July 28, 2020, 11:58:11 AM

We can see the new surge of bitcoin in crypto market . It exceed $10K again and I believe many are earning now especially those with holding during the downtrend of bitcoin. But,to what extent bitcoin will raise more today?

You are correct because that day bitcoin price jump high to more than $11,000
Do you think ,what happened last 2018 will happen again this coming months?
What are the reason behind the rise of bitcoin?
the latest i read is about the wallstreet gaining powers again and the trading world is doing good so bitcoin are carried along.

Quote from: gamer4156 on July 31, 2020, 06:15:21 AM

This is one of the best times for bitcoin holders, as the price of bitcoin has risen in such a short time. However, like other times, it does not seem that the price of Bitcoin will last for a long time. Although everyone hopes for a day like this. Now all we have to do is look at how long Bitcoin's price has risen.

well for the record the price of bitcoin at 11k$ staying for almost a week now and there is no even sign of falling down.
but if there are correction to come before the bull comes?then let it be.

gamer4156

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This is one of the best times for bitcoin holders, as the price of bitcoin has risen in such a short time. However, like other times, it does not seem that the price of Bitcoin will last for a long time. Although everyone hopes for a day like this. Now all we have to do is look at how long Bitcoin's price has risen.

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Quote from: michellee on July 30, 2020, 11:29:00 PM

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To my knowledge, Bitcoin has crossed $10,000+ three times so far. So there is no end to the enthusiasm of bitcoin holders. Let Bitcoin rise above December 2017 This expectation remains all the time. Although its duration was much shorter, this time I hope everyone will have a longer duration of Bitcoin price increase.

Bitcoin price is not just crossed $10k, but it increased more than $11k, the price is still at $11k. It is a good sign for bitcoin to rise more than now, and I am sure that the price will break another high price sooner or later. But before we see another high price, we need to ready for the downtrend that can happen anytime, so we have a chance to buy bitcoin again.

Definitely the price will break and hoping that it'll reach $15k!

I have a mistake done recently, I early converted my BTC when it hits the $10k, now I'm gonna buy again and wait for it to reach the $15k. We are also hoping for another ATH, do you think that $20k+ is possible? For me, yes! We are still in the Q3 of 2020 and there are still many days for the bitcoin to surge its price.

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Quote from: Memminger on July 30, 2020, 06:41:11 AM

I don't think that we would be seeing the same pattern that happened in 2018 I don't think that we would be really go high again for this year.
I think our highest price could be around $14-15K or less I don't really expect it to go higher than that because of this pandemic most of the people are still struggling to survive.

Bitcoin's price is not always in a positive movement or in an increasing state. In 2017-2018, we didn't expect that spike to occur, we're all surprised about what happened to bitcoin and most of us celebrated that time. But I don't think that it will happen again this year. Maybe in the next years, 2021 or 2022, there's a chance that it will reach that $20k again or much higher.

Quote from: CarnagexD on July 30, 2020, 09:58:43 AM

It doesn't mean when the bitcoin's price pumped in late 2017 in almost $20k, it will also happen again this time.

I'm not being pessimistic about the bitcoin's price but I'm just thinking about the possibilities that might happen and stuck us.

We just need to face and deal with the reality that bitcoin's price is extremely volatile in the market. It is really hard to predict the future of bitcoin if you don't know how to observe the market movement. I'm still hoping that it will not only stay in $11k because I have a lot of expenses and bills that I need to pay during this quarantine.

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To my knowledge, Bitcoin has crossed $10,000+ three times so far. So there is no end to the enthusiasm of bitcoin holders. Let Bitcoin rise above December 2017 This expectation remains all the time. Although its duration was much shorter, this time I hope everyone will have a longer duration of Bitcoin price increase.

Bitcoin price is not just crossed $10k, but it increased more than $11k, the price is still at $11k. It is a good sign for bitcoin to rise more than now, and I am sure that the price will break another high price sooner or later. But before we see another high price, we need to ready for the downtrend that can happen anytime, so we have a chance to buy bitcoin again.

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Bitcoin prices have been rising for the past few days; It has risen above $11K, today it has fallen below $11K again. This increase in the price of bitcoin was expected by everyone. The price of any currency will go up and down. This is a normal process. But I don’t believe what happened in 2018 will happen again in the next few months.

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Looking to buy some BTC for the first time today. Recommended or should I wait for a decrease in value?

I think you should wait for a moment to see the price will get down so that you can buy bitcoin at a low price. But if you can not wait for that time, you can buy bitcoin at a price now, but we don't know if the price will be increase or not, so you need to be careful. There is always a risk if you want to buy bitcoin at any price because the price will be volatile every day, so the only thing that you can do is analyze the price so you can get the right time to enter the market.

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How about we stop looking for reasons every time , when we know for sure that we can’t come up with any reason that might have led to the increase, all we end up doing is just to speculate about it which is not right. Let’s just assume that there was more demand and that led to the increase.

I was already expecting this increase to happen. Before now the price was at $7k and it took time before it crossed the resistance level and moved to $9k and the same started happening again, the bulls were able to keep it stable the same way they did before now. And after a long time it has finally moved to this $11k. This might trigger a FOMO if the price keeps going like this.

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Quote from: Memminger on July 30, 2020, 06:41:11 AM

I don't think that we would be seeing the same pattern that happened in 2018 I don't think that we would be really go high again for this year.
I think our highest price could be around $14-15K or less I don't really expect it to go higher than that because of this pandemic most of the people are still struggling to survive.

It doesn't mean when the bitcoin's price pumped in late 2017 in almost $20k, it will also happen again this time.

I'm not being pessimistic about the bitcoin's price but I'm just thinking about the possibilities that might happen and stuck us.

We should think about the reality to lessen disappointment and dismay towards the price of bitcoin. We just need to accept the fact that bitcoin is volatile and we have nothing to do with that but to manipulate it properly.
Let's still hope for more pump and let's predict its price. For me, it will just stay between $12k to 14k, and that's only based on what I'm seeing in the market.

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Quote from: Slow death on July 30, 2020, 05:50:31 AM

Quote from: Alert31 on July 28, 2020, 11:58:11 AM

But,to what extent bitcoin will raise more today?

if the price manages to stay above $10500 for a long time then will be ready to go try to break $ 13000 and remembering that the last time the price reached $13000 was a long time ago

Yeah I agree, just like what it did in $9K level, it breaks above and so it will be staying again for a quite some time in $10K BUT we aren't sure about this, it might decline a couple days from now or rise til $13K, technical analysis won't work, this is what I like in bitcoin, it gets exciting when it is moving.

Quote from: Slow death on July 30, 2020, 05:50:31 AM

Quote from: Alert31 on July 28, 2020, 11:58:11 AM

Do you think ,what happened last 2018 will happen again this coming months?

definitely not

We cannot know but most of the prediction this may happen but it will climb very slow.

Quote from: Slow death on July 30, 2020, 05:50:31 AM

Quote from: Alert31 on July 28, 2020, 11:58:11 AM

What are the reason behind the rise of bitcoin?

this article explains it better:

https://www.coindesk.com/how-real-is-bitcoins-rally-8-interpretations-of-bitcoins-massive-surge

From the article, what I think the reason of the surge is the first one " Banks Stacking due to changes in custody rules ", dollar is weakening and so they need some haven and they believe on bitcoin. Good thing isn't it?

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There is no need for a reason for Bitcoin to pump or dump, because the price of Bitcoin is volatile it can go up suddenly.
So there is no need for a reason Bitcoin rises above $ 10,000. But according to my guess Bitcoin rises because of the halving
effect, usually the halving effect occurs a few months after halving happened. Maybe the increase in the price of Bitcoin can
be until 2021.

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Looking to buy some BTC for the first time today. Recommended or should I wait for a decrease in value?

Better create your own thread in Off Topic because yo are Hijacking this thread with your shitpost.

Quote from: Memminger on July 30, 2020, 06:41:11 AM

I don't think that we would be seeing the same pattern that happened in 2018

Sorry but what Happens in 2018?i am not aware that there are some good movement that year aside from Ethereum that reached the Highest value in January before dumping again so hard.

Quote from: Memminger on July 30, 2020, 06:41:11 AM

I don't think that we would be really go high again for this year.
I think our highest price could be around $14-15K or less I don't really expect it to go higher than that because of this pandemic most of the people are still struggling to survive.

What is your basis about this?
Have you been here to make such speculations ?i doubt that any of your message must be relying .
Because we have seen recently the $11,300 pump so what more in Fourth quarter?

Memminger

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I don't think that we would be seeing the same pattern that happened in 2018 I don't think that we would be really go high again for this year.
I think our highest price could be around $14-15K or less I don't really expect it to go higher than that because of this pandemic most of the people are still struggling to survive.

Slow death

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Quote from: Alert31 on July 28, 2020, 11:58:11 AM

But,to what extent bitcoin will raise more today?

if the price manages to stay above $10500 for a long time then will be ready to go try to break $ 13000 and remembering that the last time the price reached $13000 was a long time ago

Quote from: Alert31 on July 28, 2020, 11:58:11 AM

Do you think ,what happened last 2018 will happen again this coming months?

definitely not

Quote from: Alert31 on July 28, 2020, 11:58:11 AM

What are the reason behind the rise of bitcoin?

this article explains it better:

https://www.coindesk.com/how-real-is-bitcoins-rally-8-interpretations-of-bitcoins-massive-surge

Topic: The Rise of Bitcoin - page 4. (Read 1133 times)