We are heading towards a new All Time High

CoinCidental

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Quote from: piramida on December 22, 2016, 11:48:56 AM

Quote from: uki on December 21, 2016, 05:18:14 PM

Let me put it this way, $5k is an equally far off bet now, as it was one year ago. That is because, let alone a very unrealistic scenario where all the financial markets implode (gold bugs were repeating this mantra since 2011, they seem however a bit less sure these days), Bitcoin is nowhere yet to justify such a valuation. Speculative pumps may move price a bit, but the biggest one so far back in 2013, hardly got us to $1200. we haven't revisited $1k yet since, not even saying about challenging the ath.
PS. I prefer to trade Bitcoin, as soon as the indicators tell me we are in the overbought territory, as we are right now - e.g., RSI. That is to me putting my money were my mouth is.

Said as a trader who have not observed either of the previous rallies. Just watch. This is not your regular stock. Try not to sell too much Wink

the words trader and idiot often get mixed up in bitcoinLand Grin

you can explain it to them ,but you cant understand it for them Cheesy

Lanatsa

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Quote from: adidas on December 22, 2016, 11:55:16 AM

Just funny to see the OP talking about Zcash and a month and three weeks later it is dead flat as a cat on the highway. Cheesy

ATH? Maybe in the new year but it is not rising $50 per day. Close but not just yet. Wink

For the ZCash, it is consolidating.

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Just funny to see the OP talking about Zcash and a month and three weeks later it is dead flat as a cat on the highway. Cheesy

ATH? Maybe in the new year but it is not rising $50 per day. Close but not just yet. Wink

piramida

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Quote from: uki on December 21, 2016, 05:18:14 PM

Let me put it this way, $5k is an equally far off bet now, as it was one year ago. That is because, let alone a very unrealistic scenario where all the financial markets implode (gold bugs were repeating this mantra since 2011, they seem however a bit less sure these days), Bitcoin is nowhere yet to justify such a valuation. Speculative pumps may move price a bit, but the biggest one so far back in 2013, hardly got us to $1200. we haven't revisited $1k yet since, not even saying about challenging the ath.
PS. I prefer to trade Bitcoin, as soon as the indicators tell me we are in the overbought territory, as we are right now - e.g., RSI. That is to me putting my money were my mouth is.

Said as a trader who have not observed either of the previous rallies. Just watch. This is not your regular stock. Try not to sell too much Wink

Oralmat

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Quote from: bitbunnny on December 11, 2016, 01:37:44 PM

Hoping for 800$ very soon. Things are looking good at the time, no signs for some disturbing factors on the Bitcoin market so maybe this could be achievable by the end of this year. Maybe it will still struggle for a while but this could be great Christmas gift for all of us. Keep holding your coins, it will be worth.

Now we are on $840 per 1 btc, and we are still 3 days away from the most awaiting Christmas Season, everyone is waiting for 25th of December and be surprise for the big gift of bitcoin value, loooking for more higher one.

This year end, we will heading towards a new all time high...

Hyena

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Quote from: uki on December 21, 2016, 05:18:14 PM

Let me put it this way, $5k is an equally far off bet now, as it was one year ago. That is because, let alone a very unrealistic scenario where all the financial markets implode (gold bugs were repeating this mantra since 2011, they seem however a bit less sure these days), Bitcoin is nowhere yet to justify such a valuation. Speculative pumps may move price a bit, but the biggest one so far back in 2013, hardly got us to $1200. we haven't revisited $1k yet since, not even saying about challenging the ath.
PS. I prefer to trade Bitcoin, as soon as the indicators tell me we are in the overbought territory, as we are right now - e.g., RSI. That is to me putting my money were my mouth is.

Nope, you're wrong. But I don't care. So feel free to disagree. Seems like you don't know Bitcoin well enough.

Teemotje

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We are indeed heading to a new all time record but we should not cheer to early before it will not happen what is of course also possible.

uki

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Quote from: Hyena on December 21, 2016, 01:18:24 AM

Quote from: uki on December 20, 2016, 04:25:51 PM

well, I remember your topic about going to $5k (soon), from about a year ago. Today, we are pretty much equally far away from $5k, as we were last year. The world around us has changed, but this alone is not yet a reason for the wild speculations to come true. The supply base has grown considerably in the last three years, and now we need much more than Mt.Gox manipulation to get to the all time high. And I don't see it with the setup we have today.

Then put your money where your mouth is:
New Bitcoin all time high before September 2017

A year ago BTC was 400$, which required 12x rise to reach 5k
Today BTC is 800$, which requires only 6x rise to reach 5k.
You call this equally far away? Grin

Let me put it this way, $5k is an equally far off bet now, as it was one year ago. That is because, let alone a very unrealistic scenario where all the financial markets implode (gold bugs were repeating this mantra since 2011, they seem however a bit less sure these days), Bitcoin is nowhere yet to justify such a valuation. Speculative pumps may move price a bit, but the biggest one so far back in 2013, hardly got us to $1200. we haven't revisited $1k yet since, not even saying about challenging the ath.
PS. I prefer to trade Bitcoin, as soon as the indicators tell me we are in the overbought territory, as we are right now - e.g., RSI. That is to me putting my money were my mouth is.

Hyena

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Quote from: uki on December 20, 2016, 04:25:51 PM

well, I remember your topic about going to $5k (soon), from about a year ago. Today, we are pretty much equally far away from $5k, as we were last year. The world around us has changed, but this alone is not yet a reason for the wild speculations to come true. The supply base has grown considerably in the last three years, and now we need much more than Mt.Gox manipulation to get to the all time high. And I don't see it with the setup we have today.

Then put your money where your mouth is:
New Bitcoin all time high before September 2017

A year ago BTC was 400$, which required 12x rise to reach 5k
Today BTC is 800$, which requires only 6x rise to reach 5k.
You call this equally far away? Grin

uki

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Quote from: Hyena on December 20, 2016, 04:17:01 PM

Quote from: uki on December 20, 2016, 04:09:38 PM

I don't think we get an all time high in this leg up. simply the supply is much bigger than it was three years ago. it will take much bigger effort, than just manipulating one big exchange to get there. Fundamentally there is not much that has changed in the last six months or so, so a small correction would do good everyone, just to calm the indicators. What happens afterwards, depends on how deep the correction was.

While bitcoin in itself hasn't fundamentally changed much the world around us has. This alone is enough to trigger another buying frenzy.

well, I remember your topic about going to $5k (soon), from about a year ago. Today, we are pretty much equally far away from $5k, as we were last year. The world around us has changed, but this alone is not yet a reason for the wild speculations to come true. The supply base has grown considerably in the last three years, and now we need much more than Mt.Gox manipulation to get to the all time high. And I don't see it with the setup we have today.

Hyena

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Quote from: uki on December 20, 2016, 04:09:38 PM

I don't think we get an all time high in this leg up. simply the supply is much bigger than it was three years ago. it will take much bigger effort, than just manipulating one big exchange to get there. Fundamentally there is not much that has changed in the last six months or so, so a small correction would do good everyone, just to calm the indicators. What happens afterwards, depends on how deep the correction was.

While bitcoin in itself hasn't fundamentally changed much the world around us has. This alone is enough to trigger another buying frenzy.

The Sceptical Chymist

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Whoop whooooop! It's comin! Did we really hit that high back in June? Seems like so long ago since the post-halvening blow up and subsequent mini-crash. And here we are, we're definitely headed toward the sunshine again.

uki

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I don't think we get an all time high in this leg up. simply the supply is much bigger than it was three years ago. it will take much bigger effort, than just manipulating one big exchange to get there. Fundamentally there is not much that has changed in the last six months or so, so a small correction would do good everyone, just to calm the indicators. What happens afterwards, depends on how deep the correction was.

CoinCidental

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Quote from: Hyena on December 11, 2016, 07:58:55 AM

Quote from: panju1 on December 11, 2016, 07:50:33 AM

The problem with unconfirmed transactions won't go away anytime soon. If Segwit gets activated, at least the transaction throughput will increase and some pressure will ease on unconfirmed transactions. Bitcoin might die a slow death if segwit doesn't get activated, the block size doesn't increase and transactions keep piling up.

That's why I switched from Core to Bitcoin Unlimited because the latter allows me as a full node operator to define my own maximum block size limit. If everyone set their own maximum block size limit then it's much better than an ugly segwit hack in the code that will scare new coders away from the project.

i also believe SEGWIT is a dangerous step in the wrong direction and i am running a BU node now

bitcoin must remain what it always was ,peer to peer with no third parties

its only a matter of time before payment chanel operators wiil have to AML/KYC and freeze funds
because the governments will DEMAND the info from them as you can see happpening now to coinbase

after that we would have frozen funds/accounts and blacklisted coins and the IRS hounding the users etc

the blocks must be allowed to grow as well and sidechains must remain optional rather than compulsary

bitbunnny

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Hoping for 800$ very soon. Things are looking good at the time, no signs for some disturbing factors on the Bitcoin market so maybe this could be achievable by the end of this year. Maybe it will still struggle for a while but this could be great Christmas gift for all of us. Keep holding your coins, it will be worth.

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Quote from: PokerFace3 on December 10, 2016, 01:53:55 PM

If we generally speculate, we can say we are heading toward a new all time high price levels but when it would be possible ? But there are lot of positive news which will support bitcoin to continue its current trend. Hopefully we may expect in mid of 2017 to test all time high prices.

Apart from the transaction issues and delays i do not think that there is any negative news for bitcoin and so the price could move to new highs in coming years as new people are coming to the bitcoin system.Its a matter of time when the price will test new levels and i am holding my coins for that

Hyena

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Quote from: panju1 on December 11, 2016, 07:50:33 AM

The problem with unconfirmed transactions won't go away anytime soon. If Segwit gets activated, at least the transaction throughput will increase and some pressure will ease on unconfirmed transactions. Bitcoin might die a slow death if segwit doesn't get activated, the block size doesn't increase and transactions keep piling up.

That's why I switched from Core to Bitcoin Unlimited because the latter allows me as a full node operator to define my own maximum block size limit. If everyone set their own maximum block size limit then it's much better than an ugly segwit hack in the code that will scare new coders away from the project.

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Quote from: Hyena on December 10, 2016, 05:23:16 PM

Quote from: bitebits on December 10, 2016, 03:07:13 AM

Quote from: European Central Bank on November 01, 2016, 01:52:53 PM

Quote from: crairezx20 on November 01, 2016, 01:46:32 PM

we know the segwit is already added but the price will not increase that much.

like so many thing we overestimate the short term and underestimate the long term.

if segwit activates that's a huge vote for future adaptability and it's a statement that bitcoin is ready to do more. i think it would convince a lot of people who might be wavering or uninterested right now that this is something that's here to stay and intends to grow.

And what if it doesn't? Bigger blocks perhaps?

The longer Bitcoin exists, the harder it will be to make (controversial) changes to it's core. And that is how it should be.

Don't like it happening but Bitcoin tends to become a store of value over a p2p electronic cash system. Instead of burying gold people store their 12 word seed. Just for the fact being able to control one's own wealth. A basic right you would think.

So with or without Segwit, Bitcoin will see many new ATH's.

I really hope SegWit won't activate. It would be the beginning of the end of bitcoin then. It's bascially the same thing as to allow one mining pool to have more than 50% of hashing power. Except of a mining pool we'd have one dev team that has more than 50% of central decision making power over Bitcoin.

The problem with unconfirmed transactions won't go away anytime soon. If Segwit gets activated, at least the transaction throughput will increase and some pressure will ease on unconfirmed transactions. Bitcoin might die a slow death if segwit doesn't get activated, the block size doesn't increase and transactions keep piling up.

Skarner21

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Massive price drop coming...

Quote from: Hyena on December 10, 2016, 05:23:16 PM

Quote from: bitebits on December 10, 2016, 03:07:13 AM

Quote from: European Central Bank on November 01, 2016, 01:52:53 PM

Quote from: crairezx20 on November 01, 2016, 01:46:32 PM

we know the segwit is already added but the price will not increase that much.

like so many thing we overestimate the short term and underestimate the long term.

if segwit activates that's a huge vote for future adaptability and it's a statement that bitcoin is ready to do more. i think it would convince a lot of people who might be wavering or uninterested right now that this is something that's here to stay and intends to grow.

And what if it doesn't? Bigger blocks perhaps?

The longer Bitcoin exists, the harder it will be to make (controversial) changes to it's core. And that is how it should be.

Don't like it happening but Bitcoin tends to become a store of value over a p2p electronic cash system. Instead of burying gold people store their 12 word seed. Just for the fact being able to control one's own wealth. A basic right you would think.

So with or without Segwit, Bitcoin will see many new ATH's.

I really hope SegWit won't activate. It would be the beginning of the end of bitcoin then. It's bascially the same thing as to allow one mining pool to have more than 50% of hashing power. Except of a mining pool we'd have one dev team that has more than 50% of central decision making power over Bitcoin.

I am afraid to happen that it can be happen if bitcoin segwit will activated soon how will be affected the life of bitcoin i thought their made segwit for additional feature for bitcoin that can increase the life but as you said it can be end if the segwit activated..
I hope that it will happen this following years.. many company are expecting more about bitcoin,,

Hyena

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Quote from: bitebits on December 10, 2016, 03:07:13 AM

Quote from: European Central Bank on November 01, 2016, 01:52:53 PM

Quote from: crairezx20 on November 01, 2016, 01:46:32 PM

we know the segwit is already added but the price will not increase that much.

like so many thing we overestimate the short term and underestimate the long term.

if segwit activates that's a huge vote for future adaptability and it's a statement that bitcoin is ready to do more. i think it would convince a lot of people who might be wavering or uninterested right now that this is something that's here to stay and intends to grow.

And what if it doesn't? Bigger blocks perhaps?

The longer Bitcoin exists, the harder it will be to make (controversial) changes to it's core. And that is how it should be.

Don't like it happening but Bitcoin tends to become a store of value over a p2p electronic cash system. Instead of burying gold people store their 12 word seed. Just for the fact being able to control one's own wealth. A basic right you would think.

So with or without Segwit, Bitcoin will see many new ATH's.

I really hope SegWit won't activate. It would be the beginning of the end of bitcoin then. It's bascially the same thing as to allow one mining pool to have more than 50% of hashing power. Except of a mining pool we'd have one dev team that has more than 50% of central decision making power over Bitcoin.

angaper

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Quote from: thejaytiesto on November 01, 2016, 08:26:43 AM

Bitcoin will soon crush the 778 peak from june 16, then after that sky will be the limit and we will head towards the new all time high. Shorts will burn hoping for a big crash that will not happen. If you are hoping to test 500-600 again you are wrong, time to get in on the winning boat.

Just the fact that ZCash was trading for such high amounts tells you how high Bitcoin will go (and for actual reasons, not some insane pump).

We are going $3,000 on this baby when crush the last ATH.

I am not so sure...

It is clear that the price is struggling to break that strong resistance level around $800.

It will be interesting to see what will happen next days, if the price manage to break that strong barrier and start its way to a record high, or we see a strong correction to 600's.

richardsNY

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Quote from: PokerFace3 on December 10, 2016, 01:53:55 PM

If we generally speculate, we can say we are heading toward a new all time high price levels but when it would be possible ? But there are lot of positive news which will support bitcoin to continue its current trend. Hopefully we may expect in mid of 2017 to test all time high prices.

Positive signs and good sentiment are nothing more than a few steps forward, while we still have a huge path to cover. Our first target and at the same time struggle will be reaching and maintaining the $1000 level. After that we'll see whether or not we'll surpass the previous all time high of around $1200. In the meanwhile literally anything can happen with the price as Bitcoin isn't drama free.

PokerFace3

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If we generally speculate, we can say we are heading toward a new all time high price levels but when it would be possible ? But there are lot of positive news which will support bitcoin to continue its current trend. Hopefully we may expect in mid of 2017 to test all time high prices.

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May be it is not possible to reach 3000$ it will take lot of time to reach to 3000$. In the year 2012 it is already crossed 1200$ may be it will take more than 2 years. Because daily many people are joining into bitcoin community so there are chances may be reach. At the same time there should be some buy walls that price should not fall. So thta it will definitely reaches the price for sure.

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Quote from: European Central Bank on November 01, 2016, 01:52:53 PM

Quote from: crairezx20 on November 01, 2016, 01:46:32 PM

we know the segwit is already added but the price will not increase that much.

like so many thing we overestimate the short term and underestimate the long term.

if segwit activates that's a huge vote for future adaptability and it's a statement that bitcoin is ready to do more. i think it would convince a lot of people who might be wavering or uninterested right now that this is something that's here to stay and intends to grow.

And what if it doesn't? Bigger blocks perhaps?

The longer Bitcoin exists, the harder it will be to make (controversial) changes to it's core. And that is how it should be.

Don't like it happening but Bitcoin tends to become a store of value over a p2p electronic cash system. Instead of burying gold people store their 12 word seed. Just for the fact being able to control one's own wealth. A basic right you would think.

So with or without Segwit, Bitcoin will see many new ATH's.

vasrasus

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Quote from: bitbunnny on November 01, 2016, 12:52:56 PM

Let's be realistic guys, 3000$ is not possible at this moment and probably will not be for a while. We all want this but this are dreams.
The price is looking good for now, it's heading up and it seems that this trend could continue for a while so let's be happy with this moment.

Indeed we are so blessed to have knowledge and experience the offers bitcoin have. So we just need to be contented on what its value (which is so good for us now) . If ever it will gets higher the next time still be thankful. Maximize what we have now invest/save more and spend less so when it gets higher and higher we can really feel it.

Vaskiy

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Price of bitcoin is in a stabilized range fluctuating within limits. It could get the all time high price by the start of the year 2017 depending upon the price movement happening by the year end. If it doesn't happen by the start then we can expect gradual increase in price till the middle of 2017.

Huge Black Woman

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Thejaytiesto, y'all might be a wee bit optimistic wit that $3000 prediction, but I do think we headed for $1000 pretty soon. Bull market can go on fo a long time afore a crash comes aknockin'. So that bein' a given, I'd say it's a good time ta buy and hodl.

Pamadar

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Quote from: European Central Bank on December 08, 2016, 10:09:20 PM

real whales and hedgies don't participate in mega pumps. they create them. it would be very interesting to know if there are any genuine players lurking in the background.

if new players are there for much bigger impact will be expected as we see how bitcoin really rallying and its not just little but its really making some good impact and attract also small players to invest as we are nearing 2017 hopefully we will see big value before the first quarter ends.

CoinCidental

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Quote from: European Central Bank on December 08, 2016, 10:09:20 PM

real whales and hedgies don't participate in mega pumps. they create them. it would be very interesting to know if there are any genuine players lurking in the background.

there will be people with inside info before the ETF's go live
insider trading maybe illegal but its still endemic in financial markets
some people will know in advance that the sec is going to approve btc
and finally let it be traded on wall st .........and of course this information
will be highly valuable and people who know about it in advance will fill their boots
with cheap bitcoins ..........just watch

European Central Bank

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real whales and hedgies don't participate in mega pumps. they create them. it would be very interesting to know if there are any genuine players lurking in the background.

CoinCidental

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Quote from: bamboylee on November 02, 2016, 11:23:26 PM

Quote from: thejaytiesto on November 01, 2016, 08:26:43 AM

Bitcoin will soon crush the 778 peak from june 16, then after that sky will be the limit and we will head towards the new all time high. Shorts will burn hoping for a big crash that will not happen. If you are hoping to test 500-600 again you are wrong, time to get in on the winning boat.

Just the fact that ZCash was trading for such high amounts tells you how high Bitcoin will go (and for actual reasons, not some insane pump).

We are going $3,000 on this baby when crush the last ATH.

I do not know where you are getting the price but isn't 3000 too high too soon to dream. We have not broken ATH yet, so until we get passed that, then we can't state that price yet.

hes right
everyone whos been sitting on the fence will buy when the price breaks 1000 and when the hedge funds and whales move in the price will break 10,000 and it will not come down

lolikop

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Still waiting to breakthrough thejaytiesto lol

Double top is in down we go

BitcoinPanther

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Quote from: jondeen707 on November 03, 2016, 07:03:10 AM

Quote from: European Central Bank on November 01, 2016, 01:17:03 PM

i'm open minded to the idea but the mood feels positive rather than exuberant or psychotic which is what you really need for an epic run upwards. i think the year will end well and maybe the really exciting stuff will start to happen next year.

To me steady growth is even better, it proves that bitcoin is getting more mature and adopted by a significantly wider audience.

This is what i wanted to happen to bitcoin price. Steady growth, may it be slow at least the foundation is strong. This way there will be less victims of sudden bubbles of bitcoin. With all the improvement in technologies, developing bitcoin for better mass adoption, this will take time and not just an overnight stuff. So the moment bitcoin price gone crazy, the next issue lies ahead. The market price wont be sustained resulting to decline in price and many investors losing a lot of money.

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Quote from: European Central Bank on November 01, 2016, 01:17:03 PM

i'm open minded to the idea but the mood feels positive rather than exuberant or psychotic which is what you really need for an epic run upwards. i think the year will end well and maybe the really exciting stuff will start to happen next year.

To me steady growth is even better, it proves that bitcoin is getting more mature and adopted by a significantly wider audience.

CoinCidental

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4 digit bitcoins is inevitable
it only takes a whale fund to decide to jump in and we will never see 3 digit btc again
I am still surprised it hasn't already but all the pieces are falling into place and citizens globally are
getting increasingly dissatisfied with their banks and governments devaluing their fiat currencies ....
we will reach the tipping point and 3 digit btc will be a memory ,like 2 digit btc are for many of us

Wind_FURY

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Quote from: thejaytiesto on November 01, 2016, 08:26:43 AM

Bitcoin will soon crush the 778 peak from june 16, then after that sky will be the limit and we will head towards the new all time high. Shorts will burn hoping for a big crash that will not happen. If you are hoping to test 500-600 again you are wrong, time to get in on the winning boat.

Just the fact that ZCash was trading for such high amounts tells you how high Bitcoin will go (and for actual reasons, not some insane pump).

We are going $3,000 on this baby when crush the last ATH.

As the predictions get more and more into the manic stages that is where we should start to question ourselves if we are in another bubble or if this current price trend is caused by speculative buying. I would love Bitcoin to reach $3000 but is that really possible right now with the current economic state of Bitcoin without it being a speculative bubble?

addicto

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Even that is very difficult to predict about the current trend whether it will break the 4 figures milestone this time or not. OP is looking very confident about more high price level around $3000 - $4000.

Herbert2020

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Quote from: EdenHazard on November 02, 2016, 11:02:53 PM

Quote from: Hyena on November 02, 2016, 08:21:04 PM

Quote from: ?? on ??

Just an update as of 11/03/16 , 01:14 Am Forum time. The price of bitcoin is now $743 and it is really heading higher and higher. History repeats itself, just like what happened from the last rapid increase, bitcoin just did it again that it rise again and flying up to the moon. But I'm becoming scared, because out of this pump, dump will happen too.

there's not going to be a dump this time. It is the dollar/fiat that is going to dump this time.

seems like you are so confident about this bearish situation in bitcoin.

i know bitcoin will break another record , price can going up to $2,000 this time. who knows? if the current constant grow from $600 to almost $750 , nothing impossible , this may looks slow but i believe this gonna be a good ending.

i don't like getting ahead of myself either. and so far bitcoin price has been rising slowly with no huge rises. the last huge rise was during the halving hype and that wasn't even huge compared to a couple of years ago. that is why i say it is going to slow down and stay between 700-800 for a longer time.

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Quote from: thejaytiesto on November 01, 2016, 08:26:43 AM

Bitcoin will soon crush the 778 peak from june 16, then after that sky will be the limit and we will head towards the new all time high. Shorts will burn hoping for a big crash that will not happen. If you are hoping to test 500-600 again you are wrong, time to get in on the winning boat.

Just the fact that ZCash was trading for such high amounts tells you how high Bitcoin will go (and for actual reasons, not some insane pump).

We are going $3,000 on this baby when crush the last ATH.

I do not know where you are getting the price but isn't 3000 too high too soon to dream. We have not broken ATH yet, so until we get passed that, then we can't state that price yet.

CoinCidental

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Quote from: Hyena on November 02, 2016, 08:21:04 PM

Quote from: ?? on ??

Just an update as of 11/03/16 , 01:14 Am Forum time. The price of bitcoin is now $743 and it is really heading higher and higher. History repeats itself, just like what happened from the last rapid increase, bitcoin just did it again that it rise again and flying up to the moon. But I'm becoming scared, because out of this pump, dump will happen too.

there's not going to be a dump this time. It is the dollar/fiat that is going to dump this time.

This is likely a great buying opportunity but some people will obviously miss the train....
Just like they missed it at 100 and 200 and 300 etc

Some people won't be convinced until everyone else is on the moon except them.... Wink

EdenHazard

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Quote from: Hyena on November 02, 2016, 08:21:04 PM

Quote from: ?? on ??

Just an update as of 11/03/16 , 01:14 Am Forum time. The price of bitcoin is now $743 and it is really heading higher and higher. History repeats itself, just like what happened from the last rapid increase, bitcoin just did it again that it rise again and flying up to the moon. But I'm becoming scared, because out of this pump, dump will happen too.

there's not going to be a dump this time. It is the dollar/fiat that is going to dump this time.

seems like you are so confident about this bearish situation in bitcoin.

i know bitcoin will break another record , price can going up to $2,000 this time. who knows? if the current constant grow from $600 to almost $750 , nothing impossible , this may looks slow but i believe this gonna be a good ending.

sunsilk

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Quote from: Shinpako09 on November 02, 2016, 09:55:02 PM

Quote from: ?? on ??

Just an update as of 11/03/16 , 01:14 Am Forum time. The price of bitcoin is now $743 and it is really heading higher and higher. History repeats itself, just like what happened from the last rapid increase, bitcoin just did it again that it rise again and flying up to the moon. But I'm becoming scared, because out of this pump, dump will happen too.

Yeah thats what im thinking too. If the price could surpass the all time high. Would it also pass the dump that happen before, you know, lower than before.

I think that it will not going to fall because many are already investing into bitcoins and thinks that it can give them more profit.

But I think for dumping it already happened as we know that it fall down from past months, and what is happening now is reverse.

Dumping first and after pumping.

Shinpako09

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Quote from: ?? on ??

Just an update as of 11/03/16 , 01:14 Am Forum time. The price of bitcoin is now $743 and it is really heading higher and higher. History repeats itself, just like what happened from the last rapid increase, bitcoin just did it again that it rise again and flying up to the moon. But I'm becoming scared, because out of this pump, dump will happen too.

Yeah thats what im thinking too. If the price could surpass the all time high. Would it also pass the dump that happen before, you know, lower than before.

swogerino

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Quote from: ?? on ??

Just an update as of 11/03/16 , 01:14 Am Forum time. The price of bitcoin is now $743 and it is really heading higher and higher. History repeats itself, just like what happened from the last rapid increase, bitcoin just did it again that it rise again and flying up to the moon. But I'm becoming scared, because out of this pump, dump will happen too.

You should update that to $747 from what I just saw.
Only noticed it because it reached $1000 right on the dot in CDN per BTC. Grin

Hyena

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Quote from: ?? on ??

Just an update as of 11/03/16 , 01:14 Am Forum time. The price of bitcoin is now $743 and it is really heading higher and higher. History repeats itself, just like what happened from the last rapid increase, bitcoin just did it again that it rise again and flying up to the moon. But I'm becoming scared, because out of this pump, dump will happen too.

there's not going to be a dump this time. It is the dollar/fiat that is going to dump this time.

Hyena

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I simply laugh in the face of all those nonbelievers right now. I remember a particular someone telling me that BTC will bounce down from 600$ in the Summer. Sucks to be a bitcoin hater these days. BTW guys, don't update to SegWit, it's evil, see my signature.

BitcoinPanther

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Quote from: TERA on November 02, 2016, 02:17:59 PM

It's already at ATH, in market cap.

This year maybe but not the entire history of bitcoin where it reaches its ATH last 2013 in a bubble where lots of investors were burned. They haven't got the price where they buy their bitcoin yet. Then after that bubble bitcoin starts to fall deep to sub $200. And slowly go up to what it is right now.

I think just a couple of months from now, 4 or 5 months, we will see a new ATH of bitcoin.

TERA

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It's already at ATH, in market cap.

Monnt

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Quote from: romero121 on November 02, 2016, 12:20:37 AM

Quote from: cellard on November 01, 2016, 02:22:17 PM

Quote from: CoinCidental on November 01, 2016, 09:41:48 AM

Btc is taking its rightful place as king of the Internet currencys
A new ATH will not be too far away
Buy some bitcoins now if you don't want to miss the moon train
Chu Chu motherfuckers...
Chu fucking Chu... Wink

Bitcoin has never stopped being the king of crypto. As far as I can remember (and I have been here ever since Litecoin started as the first altcoin), and Bitcoin was always about 80% of the total of money invested in the crypto economy, therefore, it has always dominated.

Bitcoin is always dominant. No other digital currency have got existed in the similar way to bitcoin. Following the bitcoin technology lots of other digital currencies existed and got vanished in a very short time. As for the OP's quote we might cross the peak price during the days of halving. Sometimes the ongoing rise too might be due to the halving year impact.

Bitcoin will always be dominant because of so many reasons which include, it is the pioneer coin, it was created based on selfless objective, it is transparent to mention but a few. Definately bitcoin will continue to flourish despite all challenges and we should expect to see very high price for it in very near future itself.

thejaytiesto

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Quote from: minimalB on November 01, 2016, 04:49:20 PM

Eventhough i am extremely bullish longterm, posts like this remind me to make some short positions quick!

Anyways, hope i am wrong and OP is right this time : )

There are always dips across the way, the problem is you may screw up big time when trying to short. You think you are doing a great short, go to sleep and then it's higher than you started with and you end up losing money. I never short because shorting can make you go bankrupt.

ipanks

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Quote from: ultrloa on November 02, 2016, 04:10:49 AM

Quote from: to1ga on November 02, 2016, 03:20:58 AM

Quote from: deadsilent on November 02, 2016, 03:17:53 AM

The op must be kidding. Although i know it gonna happen. But thats too soon. For me, i expect atleast thousand a piece is good. $3000 a piece is too much. Anyway i respect the op's speculation of the price. But i think this is not gonna happen. Maybe in a year or a couple.

Being a users of bitcoins we should be positive about bitcoins but at the same time we need to be realistic too, bitcoin has an ability to touch the price of $3k in future but not at this stage and to see that price I think we need to wait for a long time and looking at current price movement we can expect the price of $1k by the end of the year.

For reaching 3k$ at price well surely be hardest though i can imagine although its quite good if the price will be at that state but i think bitcoins need more investors for that to be happen, but i think it will achieve if good things will be at stake and no problem will occut to barricade its growth, but for now lets just face the reality and do some realistic speculation that price would provably reach at 1k$ at piece.

i think for realistic price it would be $1k first then maybe it would be increase by time to time. but for now, its a good price to buy and sell and i hope there is a point where we can make money in often as we can.

ultrloa

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Quote from: to1ga on November 02, 2016, 03:20:58 AM

Quote from: deadsilent on November 02, 2016, 03:17:53 AM

The op must be kidding. Although i know it gonna happen. But thats too soon. For me, i expect atleast thousand a piece is good. $3000 a piece is too much. Anyway i respect the op's speculation of the price. But i think this is not gonna happen. Maybe in a year or a couple.

Being a users of bitcoins we should be positive about bitcoins but at the same time we need to be realistic too, bitcoin has an ability to touch the price of $3k in future but not at this stage and to see that price I think we need to wait for a long time and looking at current price movement we can expect the price of $1k by the end of the year.

For reaching 3k$ at price well surely be hardest though i can imagine although its quite good if the price will be at that state but i think bitcoins need more investors for that to be happen, but i think it will achieve if good things will be at stake and no problem will occut to barricade its growth, but for now lets just face the reality and do some realistic speculation that price would provably reach at 1k$ at piece.

Doms

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For a while, I thought that $700 is asking too much from us in such a short period of time. Now, $700 seems to be the support and it looks like it is trying to break new resistances as we head towards the end of the year. All the non-activity in the past few months seems like a long forgotten history now because of this sudden surge.

talkbitcoin

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All I know is that I know nothing.

Quote from: thejaytiesto on November 01, 2016, 08:26:43 AM

Bitcoin will soon crush the 778 peak from june 16, then after that sky will be the limit and we will head towards the new all time high. Shorts will burn hoping for a big crash that will not happen. If you are hoping to test 500-600 again you are wrong, time to get in on the winning boat.

We are going $3,000 on this baby when crush the last ATH.

this has always been the goal and it is not new. price has been moving up for a long time, moving towards a much higher price and all those little drops and once or twice bigger drops were like bumps on the road caused by all the drama and FUD trying to damage bitcoin but it never is successful and bitcoin will continue up.

Quote

Just the fact that ZCash was trading for such high amounts tells you how high Bitcoin will go (and for actual reasons, not some insane pump).

this has nothing to do with bitcoin and shows nothing about bitcoin price. i am still surprised to see that ridiculous price for zcash though!

1Referee

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Quote from: thejaytiesto on November 01, 2016, 08:26:43 AM

Bitcoin will soon crush the 778 peak from june 16

Chances are there, but I wouldn't fully rely on it just because we are coming closer to the peak back in June.

Quote from: thejaytiesto on November 01, 2016, 08:26:43 AM

then after that sky will be the limit and we will head towards the new all time high.

I don't think we're ready for a new ATH yet. Especially when you consider how much support levels we need to build in order to get the price to stay above $1000 for a longer time than just a few days. It will take much more time and effort than you seem to realize right now. I think a new ATH will be something we have to wait for till 2018.

Quote from: thejaytiesto on November 01, 2016, 08:26:43 AM

If you are hoping to test 500-600 again you are wrong, time to get in on the winning boat.

It's Bitcoin, so in that regard, there will surely be a moment where will we visit the $500-$600 levels again. It's just a matter of time before we see another hacked exchange (or something else bad) pops up that will bring the price down to the South. Or perhaps even without that. Something as "We will never go to XXX prices ever again" doesn't exist. Bitcoin has proven people wrong so many times, and it will continue doing so. Wink

Quote from: thejaytiesto on November 01, 2016, 08:26:43 AM

We are going $3,000 on this baby when crush the last ATH.

No.

to1ga

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Quote from: deadsilent on November 02, 2016, 03:17:53 AM

The op must be kidding. Although i know it gonna happen. But thats too soon. For me, i expect atleast thousand a piece is good. $3000 a piece is too much. Anyway i respect the op's speculation of the price. But i think this is not gonna happen. Maybe in a year or a couple.

Being a users of bitcoins we should be positive about bitcoins but at the same time we need to be realistic too, bitcoin has an ability to touch the price of $3k in future but not at this stage and to see that price I think we need to wait for a long time and looking at current price movement we can expect the price of $1k by the end of the year.

deadsilent

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The op must be kidding. Although i know it gonna happen. But thats too soon. For me, i expect atleast thousand a piece is good. $3000 a piece is too much. Anyway i respect the op's speculation of the price. But i think this is not gonna happen. Maybe in a year or a couple of year. Right now im waiting for $1000 a piece.

azguard

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Quote from: monbux on November 01, 2016, 10:07:30 PM

Quote from: minimalB on November 01, 2016, 04:49:20 PM

Eventhough i am extremely bullish longterm, posts like this remind me to make some short positions quick!

Anyways, hope i am wrong and OP is right this time : )

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett
https://www.goodreads.com/quotes/29255-be-fearful-when-others-are-greedy-and-greedy-when-others

this is good quote you found i very good to share this cuz in nature we are all greedy
how ever say that its not is laying

Quote from: ?? on ??

$3,000 is too much to ask for those big pump and dump groups and as well as the big whales in the market. But I want this to happen. But I am doubtful that this will happen for this year or next year, this would be happening a lot of years before it happens. When a lot of people who are already using bitcoin, maybe 50 million people would help and make this happen.

3000$ is way to much at this point for price of 1 BTC, maybe we will hit 1000 by end or in first quarter of 2017 but that will be max by me
can see anything that will help to be price around 3k

romero121

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Quote from: cellard on November 01, 2016, 02:22:17 PM

Quote from: CoinCidental on November 01, 2016, 09:41:48 AM

Btc is taking its rightful place as king of the Internet currencys
A new ATH will not be too far away
Buy some bitcoins now if you don't want to miss the moon train
Chu Chu motherfuckers...
Chu fucking Chu... Wink

Bitcoin has never stopped being the king of crypto. As far as I can remember (and I have been here ever since Litecoin started as the first altcoin), and Bitcoin was always about 80% of the total of money invested in the crypto economy, therefore, it has always dominated.

Bitcoin is always dominant. No other digital currency have got existed in the similar way to bitcoin. Following the bitcoin technology lots of other digital currencies existed and got vanished in a very short time. As for the OP's quote we might cross the peak price during the days of halving. Sometimes the ongoing rise too might be due to the halving year impact.

monbux

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Quote from: minimalB on November 01, 2016, 04:49:20 PM

Eventhough i am extremely bullish longterm, posts like this remind me to make some short positions quick!

Anyways, hope i am wrong and OP is right this time : )

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett
https://www.goodreads.com/quotes/29255-be-fearful-when-others-are-greedy-and-greedy-when-others

minimalB

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Eventhough i am extremely bullish longterm, posts like this remind me to make some short positions quick!

Anyways, hope i am wrong and OP is right this time : )

cellard

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Quote from: CoinCidental on November 01, 2016, 09:41:48 AM

Btc is taking its rightful place as king of the Internet currencys
A new ATH will not be too far away
Buy some bitcoins now if you don't want to miss the moon train
Chu Chu motherfuckers...
Chu fucking Chu... Wink

Bitcoin has never stopped being the king of crypto. As far as I can remember (and I have been here ever since Litecoin started as the first altcoin), and Bitcoin was always about 80% of the total of money invested in the crypto economy, therefore, it has always dominated.

European Central Bank

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Quote from: crairezx20 on November 01, 2016, 01:46:32 PM

we know the segwit is already added but the price will not increase that much.

like so many thing we overestimate the short term and underestimate the long term.

if segwit activates that's a huge vote for future adaptability and it's a statement that bitcoin is ready to do more. i think it would convince a lot of people who might be wavering or uninterested right now that this is something that's here to stay and intends to grow.

crairezx20

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You are just dreaming that the price will reach $3000 it is far far to be reach.. we know the segwit is already added but the price will not increase that much. it is impossible to happen right now ..738 according to the present price.. and i think it can be crush soon whales are there waiting for timing..
But keep dreaming on $3k maybe it can be happen if we will see the price reach $1400 this year and next year will be seen this goal..

Arcteryx

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This is a guarantee for the rest of the week cause everytime I check the price it has gone up and not going down.
I don't think I have ever had that happen for the last 2 years that I have been into bitcoin before.

Kprawn

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Hold your horses Guys and Gals.... $3000/bitcoin is still far away.... Yes, there are a upwards movement in the price... but this does not mean

that we are going to see those type of prices soon. The Chinese have a huge influence in this upward surge, so we should lower our

expectations a little, to see if this is not a flash in a pan. I have not seen any BIG news that would have a immediate influence on the price,

other than the SegWit release and some stuff happening in Switzerland {Railway accepting Bitcoin} Huh

Barbut

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Today`s high is $ 735.83, welcome back! We are heading towards new all time high indeed, there is no doubts anymore. Last time it was in november, now there is a chance for everything to happen same like it happen 4 years ago.
I see some comments about this new all time high to happen in march or april next year, why not. That is also good moment for that, couple months more or leas doesn`t mean much when we plan to be much longer. Long run is what I`m interested in, and I hope this is going to be one crazy ride like it was before.

Milkduds

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With Christmas coming there will be the rush to get some extra funds in hand and it usually comes from bitcoin as college kids head home and high school kids look to have some fun. People also tend to be out of work for a period around this time and in need of money to get through or boost the holiday spirit.
I would not expect a great bump in bitcoin around this time.

European Central Bank

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i'm open minded to the idea but the mood feels positive rather than exuberant or psychotic which is what you really need for an epic run upwards. i think the year will end well and maybe the really exciting stuff will start to happen next year.

BitHodler

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No, we are not heading towards a new all time high at this point. First we touch the $1000 mark, then we can focus on reaching a new all time high.

ZCASH is nothing serious beside the usual pump and dump crap that we have seen being launched in the altcoin industry.

You mentioning the ZCASH value (indirectly) as reason as to why the price of Bitcoin will shoot up to a new all time high, makes me take you even less serious.

I am all positive about Bitcoin's outlook, but dreaming about $3000 prices at this point is just unrealistic.

bitbunnny

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Let's be realistic guys, 3000$ is not possible at this moment and probably will not be for a while. We all want this but this are dreams.
The price is looking good for now, it's heading up and it seems that this trend could continue for a while so let's be happy with this moment.

amacar2

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I don't think there is enough buy support behind bitcoin right now to pump it towards new ATH price. We may have to wait till end of next year to reach new ATH, but i will be very happy if this pump can push the price to new ATH price. Wink

spazzdla

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Quote from: Daisy14 on November 01, 2016, 10:23:38 AM

Seriously, $3000 a year from now is asking for too much...

Get down from your moon train before you break a leg.

I would bet we have a massive run up again with another serious correction.

ABCbits

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SegWit is included with latest bitcoin core which means some people could get hype or make the hype instead Roll Eyes

$3000 might be too far for now because various reason such as traders & long term holders who sell at high price.

Daisy14

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Seriously, $3000 a year from now is asking for too much...

Get down from your moon train before you break a leg.

~Bitcoin~

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Price have already tried to get some correction after reaching $720 yesterday however now price pump have came with more strong buy support so this bull run may continue till it gets well above $750.

CoinCidental

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Si vis pacem, para bellum

Btc is taking its rightful place as king of the Internet currencys
A new ATH will not be too far away
Buy some bitcoins now if you don't want to miss the moon train
Chu Chu motherfuckers...
Chu fucking Chu... Wink

lolikop

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It will but not just yet maybe in march-april 2017

thejaytiesto

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Bitcoin will soon crush the 778 peak from june 16, then after that sky will be the limit and we will head towards the new all time high. Shorts will burn hoping for a big crash that will not happen. If you are hoping to test 500-600 again you are wrong, time to get in on the winning boat.

Just the fact that ZCash was trading for such high amounts tells you how high Bitcoin will go (and for actual reasons, not some insane pump).

We are going $3,000 on this baby when crush the last ATH.

Topic: We are heading towards a new All Time High (Read 4206 times)