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Topic: thoughts on rally on the week (Read 1269 times)

sr. member
Activity: 924
Merit: 260
August 13, 2017, 12:26:39 PM
#34
The rally will continue as for the first time in history bitcoin is been trading above $4000 today according to the data available from coinmarketcap. The rally may be rob on other altcoins and bitcoin Cash in days to come as traders will likely take profit from the recent bitcoin core Bubble.
sr. member
Activity: 728
Merit: 250
August 13, 2017, 11:48:39 AM
#33
in the past month or so, there has been a lot of negativity in the media regarding bitcoin. the news from all sites were talking about bitcoin splitting into two and things like that. the speculators were saying price will drop hard because of it. and on top of it all, there were a lot of FUD to make everything worse.

all this meant people either sold and got out or kept their money and decided not to invest in bitcoin until things become clear.

now they are crystal clear. Smiley
we know that SegWit has 100% support and it will be locked in, in about 1 day. and there is no split because of the 100% support. so the first things that I said (the first paragraph) is now moot. this means all those who sold and all those who had money to invest buy were waiting are coming back now. they are investing all that money back and price goes up. when something like this happens it is also followed by a Fear OF Missing Out (FOMO) and people invest even more. this can mean an even sharper rise upwards and a very big short term profit.

Totally agreeing with you here, I have joined many groups on facebook, All of them were trolling when bitcoin went under $2000 after the $2700 mark Last month, I told them that it is the best time to buy but not many agreed with my speculation and a month later we have achieved the highest Bitcoin Price in history, I just hate trolls who don't even have a single clue about the technology they are talking about, Same can be said for these troll websites, They work for the whales and get a nice cut from the profits. Anyway interesting 4 months ahead. I think we can achieve stable $4K by the end of the year.
This is why I do not like facebook to discuss about bitcoin, there are always illiterate trolls saying that bitcoin is not worth a thing when they do not even have an idea of the technology and the money that is moving in bitcoin, at the end I’m the one that is going to get the last laugh with all my profits.
legendary
Activity: 2058
Merit: 1015
August 11, 2017, 05:10:35 PM
#32
If we back when this month began, we can saw the bitcoin price very high, and today we all see bitcoin price still  in the range $ 3200- $ 3400, however it always continuing to fluctuations, bitcoin prices never dropped from $ 3000. From the observations I expect the bitcoin rally will continue at least until the end of this month. And we all hope it will survive until end of this year.
It surpass the $3500 we are all waiting and goes straight to an all time high $3610. Actually, I didn't expect it to happen as fast as this in just a couple of days. Let's see if this rally will continue this weekend. Maybe price correction starts at $4000.
legendary
Activity: 2058
Merit: 1015
August 11, 2017, 05:10:29 PM
#31
If we back when this month began, we can saw the bitcoin price very high, and today we all see bitcoin price still  in the range $ 3200- $ 3400, however it always continuing to fluctuations, bitcoin prices never dropped from $ 3000. From the observations I expect the bitcoin rally will continue at least until the end of this month. And we all hope it will survive until end of this year.
It surpass the $3500 we are all waiting and goes straight to an all time high $3610. Actually, I didn't expect it to happen as fast as this in just a couple of days. Let's see if this rally will continue this weekend. Maybe price correction starts at $4000.
sr. member
Activity: 728
Merit: 250
August 11, 2017, 01:24:23 PM
#30
I see no reason why we would not reach $5k by the end of this year! So yes, it will continue, maybe just not so fast.
There is the possibility that bitcoin reaches that price, personally I think it is going to come up short in this year since I think a price of 4500 seems to be the too high I think it can reach but 5000 is a price that is definitely going to be surpassed in the next year as adoption grows all over the world.
full member
Activity: 140
Merit: 100
August 10, 2017, 09:23:11 PM
#29
If we back when this month began, we can saw the bitcoin price very high, and today we all see bitcoin price still  in the range $ 3200- $ 3400, however it always continuing to fluctuations, bitcoin prices never dropped from $ 3000. From the observations I expect the bitcoin rally will continue at least until the end of this month. And we all hope it will survive until end of this year.
legendary
Activity: 3080
Merit: 1353
August 10, 2017, 05:14:12 AM
#28
Well, Bitcoin got a slight correction, but it is a standard practice. The major difficulties are all over and Bitcoin is now unstoppable. I am fully supportive of $5000 as a next stop for Bitcoin coming soon. So, hold, guys!

This is just a minor correction and not a dip as others may have called it. The rally was unexpected, though we thought that people are going to stick with bitcoin and would just cash out this BCC and go back to BTC again which actually happened that really pushed the price of bitcoin to new horizons. We are all fully supportive whatever price bitcoin goes and there are no stopping bitcoin except for FUD's but I think it will not make a dent on the price. We may see another ATH when Segwit will actually be implement on Monday Aug 21. So the best options for us is to continue to hodl on our precious bitcoin for the next leg up.
full member
Activity: 152
Merit: 100
August 10, 2017, 04:48:12 AM
#27
The way bitcoin doing above $3000 level looks more and more in favour of resuming a move up. The longer consolidation around 3k, the higher next leg up would be.
jr. member
Activity: 80
Merit: 1
August 10, 2017, 03:55:11 AM
#26
Well, Bitcoin got a slight correction, but it is a standard practice. The major difficulties are all over and Bitcoin is now unstoppable. I am fully supportive of $5000 as a next stop for Bitcoin coming soon. So, hold, guys!
member
Activity: 471
Merit: 10
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August 07, 2017, 05:43:42 PM
#25
Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.

Do you think the rally will continue?

Yes Bitcoin has really been appreciating since last week. I think $5000 is realistic even before december but we are likely to see some retracement before it gets there. I will gladly buy more btc if it retraces anytime soon
legendary
Activity: 1414
Merit: 1000
August 07, 2017, 05:36:49 PM
#24
Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.

Do you think the rally will continue?

The price of Bitcoin is doing great but I think we'll have a pull back or correction at some point. The price won't just keep on going up endlessly. There will be some fluctuation in price eventually.

Overall though, the price should make a gradual increase over time because Bitcoin seems to have become resilient to bad news. The increase after the fork proves that.

Then again maybe it will. It has become increasingly clear that without any bad news a bitcoin pump will keep going. Who would dump without a reason? As more and more want in on this fewer and fewer are willing to sell. If the avg bitcoin holder truly believes (as they should) that the crypto market is heading towards 1 trillion, why wouldn't it keep rising without a major dump towards the next halving?
hero member
Activity: 1008
Merit: 510
August 07, 2017, 05:03:06 PM
#23
Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.

Do you think the rally will continue?

The price of Bitcoin is doing great but I think we'll have a pull back or correction at some point. The price won't just keep on going up endlessly. There will be some fluctuation in price eventually.

Overall though, the price should make a gradual increase over time because Bitcoin seems to have become resilient to bad news. The increase after the fork proves that.
hero member
Activity: 1148
Merit: 504
August 07, 2017, 04:48:31 PM
#22
Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.

Do you think the rally will continue?

I think it will still continue to rally because there is still segwit activation that people are anticipating for price increase. There will still be buyers that will push the price up.
legendary
Activity: 1512
Merit: 1218
Change is in your hands
August 07, 2017, 02:53:24 AM
#21
in the past month or so, there has been a lot of negativity in the media regarding bitcoin. the news from all sites were talking about bitcoin splitting into two and things like that. the speculators were saying price will drop hard because of it. and on top of it all, there were a lot of FUD to make everything worse.

all this meant people either sold and got out or kept their money and decided not to invest in bitcoin until things become clear.

now they are crystal clear. Smiley
we know that SegWit has 100% support and it will be locked in, in about 1 day. and there is no split because of the 100% support. so the first things that I said (the first paragraph) is now moot. this means all those who sold and all those who had money to invest buy were waiting are coming back now. they are investing all that money back and price goes up. when something like this happens it is also followed by a Fear OF Missing Out (FOMO) and people invest even more. this can mean an even sharper rise upwards and a very big short term profit.

Totally agreeing with you here, I have joined many groups on facebook, All of them were trolling when bitcoin went under $2000 after the $2700 mark Last month, I told them that it is the best time to buy but not many agreed with my speculation and a month later we have achieved the highest Bitcoin Price in history, I just hate trolls who don't even have a single clue about the technology they are talking about, Same can be said for these troll websites, They work for the whales and get a nice cut from the profits. Anyway interesting 4 months ahead. I think we can achieve stable $4K by the end of the year.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
August 07, 2017, 02:12:35 AM
#20
in the past month or so, there has been a lot of negativity in the media regarding bitcoin. the news from all sites were talking about bitcoin splitting into two and things like that. the speculators were saying price will drop hard because of it. and on top of it all, there were a lot of FUD to make everything worse.

all this meant people either sold and got out or kept their money and decided not to invest in bitcoin until things become clear.

now they are crystal clear. Smiley
we know that SegWit has 100% support and it will be locked in, in about 1 day. and there is no split because of the 100% support. so the first things that I said (the first paragraph) is now moot. this means all those who sold and all those who had money to invest buy were waiting are coming back now. they are investing all that money back and price goes up. when something like this happens it is also followed by a Fear OF Missing Out (FOMO) and people invest even more. this can mean an even sharper rise upwards and a very big short term profit.
legendary
Activity: 994
Merit: 1000
August 06, 2017, 02:10:32 PM
#19
I think current bull run might continue till actual date of segwit activation or when price will touch $3500 level. Current pump is really huge so this can't be healthy pump at all. I am expecting some pull back in next few days before another pump rally.
hero member
Activity: 1036
Merit: 500
August 06, 2017, 01:30:16 PM
#18
Ill be honest I didnt expect it at all, was interesting, the push to 3300 seems to be pulling back a bit, but it could go further, well see.

Well, I was out for just one day and when I checked my wallet, BOOM, bitcoin is pushing and past the $3000 mark. I was also didn't expect that after just a few days of the split, bitcoin sudden crashing the BCH competition and getting $3100-$3300 depending on which trading platform you look at.

Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.

Do you think the rally will continue?
Yeah I think the rally will continue without anyone can stop it, this year is the year bitcoin rally there is no right word to sell bitcoin with panic. Holding bitcoin until the end of this year makes you will get many excellent benefits from bitcoin. Although all possibilities can still happen, but I'm very confident with bitcoin.

Yes, we need to be very optimistic and trust in bitcoin market to make another push to maybe $3500-$4000. No one is stopping except for maybe a few negative write ups about bitcoin but I don't see anything coming our way that will pull the price back.
The sudden jerk behind the bitcoin price maybe the new coin "BCC" perhaps because many users sold it to get freeebitcoins. Today the price also crossed 3200$ and it will soon head above 3500$. The hard fork may be the reason behind just a increase in price
hero member
Activity: 1190
Merit: 541
August 06, 2017, 10:09:52 AM
#17
Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.

Do you think the rally will continue?
It is a good news that our coin broke 3000$ and I am sure it will continue and will also soon reach 4000$.
But it's baby "BCC" was dumped and just sold to have some free bitcoins and then utilize that bitcoins. Perhaps that might be the reason behind the price for bitcoin going above 3000$
legendary
Activity: 2968
Merit: 3684
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August 06, 2017, 03:25:23 AM
#16
Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.

Do you think the rally will continue?

More like the other way round: It had a baby (or a sudden sprouting of an ugly Siamese twin) and then the rally came. I thought it would take at least a week before buying pressure mounted but the sell-off probably helped create a demand. I still think there's room for the slow burn that I initially expected. I believe this will carry it all the way to $4,000 by November.
hero member
Activity: 686
Merit: 500
August 06, 2017, 12:44:13 AM
#15
Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.

Do you think the rally will continue?
This price rise has been already expected by bitcoiners.Its a little bit late due to fear of hard fork.But bitcoin has managed to come out of the mess.Every one is happy about bitcoin's performance except the BCC supporters.They don't have any interest in bitcoin progress.All their expectations have started to fall down.Bitcoin's market cap has also crossed $50 billion.
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