[Update] Bitcoin over $770 and $12,000,000,000 market cap.

jaredboice

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Quote from: pedrog on June 13, 2016, 07:58:59 AM

End of 2013/early 2014 bagholders are beginning to breath again, finally they'll get their money back after all this time.

Bag holders... you mean from all the heavy bags of wealth we're all dragging around? You think we are going to cash out just like that after so much patience? Shocked

Carlton Banks

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Well, $14 Billion was the size of the dollar market when the price hit the $1200 ATH, so the ATH for the dollar market is impending. That's next nominal milestone I'm watching for.

ebliever

legendary

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Done! Do I have any bids for $13 Billion MC?

the_poet

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Bitcoin accepted here

Bitcoin about to go over $760 and $12,000,000,000 market cap.

MWesterweele

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Well another goal and history om bitcoins.Reaching that cap for 7 years is hard cause that amlunt is huge.Great projects on bitcoin

Denker

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Quote from: pereira4 on June 14, 2016, 12:42:14 PM

Probably whales are creating dips on the way up so they can still make more BTC while the actual price of BTC goes up, before the price explodes into 2.000+ dollars per BTC territory. Time to get your 3 figure BTCs before its too late.

Yeah with enough financial resources it still is very easy too manipulate Bitcoin in your favour.
Therefore the already rich will become even richer.They collect the big chunks and the rest will be left with the crumbs.

pereira4

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Probably whales are creating dips on the way up so they can still make more BTC while the actual price of BTC goes up, before the price explodes into 2.000+ dollars per BTC territory. Time to get your 3 figure BTCs before its too late.

salmanahmedone

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Quote from: outatime1 on June 13, 2016, 04:11:07 PM

It's good to see the price go that high, but I think it's been pumped some and will pull back a little. I'm ready to buy some back when it drops to the $500 range or lower.

i dont think it will drop to 500$ or lesser any time sooner. Its the halving time and prices will continue to grow. After two months you can see the Dip in the prices and that would be the best time to buy if you want to invest in this bitcoin.

Denker

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Quote from: drwtsn32 on June 14, 2016, 10:31:10 AM

Quote from: Denker on June 14, 2016, 10:07:41 AM

Quote from: outatime1 on June 13, 2016, 04:11:07 PM

It's good to see the price go that high, but I think it's been pumped some and will pull back a little. I'm ready to buy some back when it drops to the $500 range or lower.

A pull back will happen.
The question is when and how strong.
I wouldn't bet to drop it that much. 550 to 580 seems more realistic to me.

Do you think if ever happens a pullback, will it go up again soon?

Yes I believe the pull back will just be for a short time.
Corrections are good and healthy.
And that could give others the opportunity to get in.Furthermore the whole situation in the ecosystem right now looks pretty bullish.
So we will continue moving up again until the end of this year imo.

AmDD

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Quote from: ebliever on June 13, 2016, 07:58:17 AM

Anyone recall the market cap in late 2013 when the price hit ATH? I seem to recall it was pretty close to where we are now, given the increase in coin supply. Reaching new highs in market cap should garner some headlines, continuing the round of positive press associated with Chinese buying and the halvening.

I thought the same when I saw we had passed $10 Billion. Looking here: https://coinmarketcap.com/currencies/bitcoin/ it shows on Nov 22nd the price was $701.95 and the cap was at about $8.4 Billion. The all time high cap looks like just shy of $14 Billion. Based on this, Id say we will pass the all time high market cap when we get to around $895 a coin.

drwtsn32

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Quote from: Denker on June 14, 2016, 10:07:41 AM

Quote from: outatime1 on June 13, 2016, 04:11:07 PM

It's good to see the price go that high, but I think it's been pumped some and will pull back a little. I'm ready to buy some back when it drops to the $500 range or lower.

A pull back will happen.
The question is when and how strong.
I wouldn't bet to drop it that much. 550 to 580 seems more realistic to me.

Do you think if ever happens a pullback, will it go up again soon?

upsidedown75

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Quote from: the_poet on June 13, 2016, 07:44:34 AM

Yet another huge milestone for Bitcoin Wink

No surprise here because I was actually expecting the market cap to be raised at $12,000,000,000.

It seems like the price dropped down and currently most probably stabilizing at ~$700.

Denker

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Quote from: outatime1 on June 13, 2016, 04:11:07 PM

It's good to see the price go that high, but I think it's been pumped some and will pull back a little. I'm ready to buy some back when it drops to the $500 range or lower.

A pull back will happen.
The question is when and how strong.
I wouldn't bet to drop it that much. 550 to 580 seems more realistic to me.

Whosdaddy

hero member

Activity: 1148

Merit: 527

Quote from: pedrog on June 13, 2016, 07:58:59 AM

End of 2013/early 2014 bagholders are beginning to breath again, finally they'll get their money back after all this time.

Yes, they are now taking breath but already 2 years gone. I am sure someone will be trapped in this year again and don't know how long they will need to get back their breath. In this is market someone will be gainer, someone will be loser. That is the beauty of all trading

.

Doms

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Quote from: outatime1 on June 13, 2016, 04:11:07 PM

It's good to see the price go that high, but I think it's been pumped some and will pull back a little. I'm ready to buy some back when it drops to the $500 range or lower.

All this price increase over the past weeks have made me nervous. This kind of surge is just not sustainable. A pullback could be a welcome sight for me. Relative strength index is almost at 90, meaning it is already at overbought levels. Should we allow it to cool down so things could somehow get back to normal?

reRaise

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Still long waybtongo.

LiberOptions

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Yay... Bought my first bitcoins for about $192... already sold some in the past but I'm still waiting for the price to reach $10 000.

Cryptonitex

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Quote from: outatime1 on June 13, 2016, 04:11:07 PM

It's good to see the price go that high, but I think it's been pumped some and will pull back a little. I'm ready to buy some back when it drops to the $500 range or lower.

I do think it'll go about that price after halving. That's roughly a good price to stay at and be stable for a while. Well see.

outatime1

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CryptoTalk.Org - Get Paid for every Post!

It's good to see the price go that high, but I think it's been pumped some and will pull back a little. I'm ready to buy some back when it drops to the $500 range or lower.

Cryptonitex

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Quote from: calkob on June 13, 2016, 02:11:18 PM

brilliant cant wait for the marketcap to be in the trillions , cause then i will be worth a fortune....... i love bitcoin.... haha Grin

Now your thinking. 11 billion... Meh
We'll be here when we see 11 trillion market cap, then we'll be the ones laughing at the people who are anti bitcoin.

Topic: [Update] Bitcoin over $770 and $12,000,000,000 market cap. (Read 2386 times)