Bitcoin Forum

Economy => Speculation => Topic started by: CoinCidental on December 26, 2016, 01:37:19 AM



Title: Bitcoin is on fire! Made the front page of reddit!!
Post by: CoinCidental on December 26, 2016, 01:37:19 AM
Bitcoin is on fire! Made the front page of reddit!

https://www.reddit.com/r/Futurology/comments/5k7uh8/bitcoin_surges_above_900_on_geopolitical_risks/

Prepare for moon soon!  8)

http://is1.mzstatic.com/image/thumb/Purple5/v4/09/e9/6d/09e96d3f-6dca-7405-2412-550c172d1798/source/1200x630bf.jpg



Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: The Sceptical Chymist on December 26, 2016, 01:43:18 AM
"In the history of Bitcoin, there has only been 11 days that the market was higher than it is today. So if you bought on any of the days since 2008, other than those 11 days, you are profiting."

Is that true?  Kinda cool if it is, and it's pretty good that bitcoin is sparking any sort of discussion outside this forum.

Still can't stand reddit, though.  The whole 'forum' is like a huge turd magnet.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: CoinCidental on December 26, 2016, 01:51:44 AM
"In the history of Bitcoin, there has only been 11 days that the market was higher than it is today. So if you bought on any of the days since 2008, other than those 11 days, you are profiting."

Is that true?  Kinda cool if it is, and it's pretty good that bitcoin is sparking any sort of discussion outside this forum.

Still can't stand reddit, though.  The whole 'forum' is like a huge turd magnet.

There is a couple of thousand people chatting about it on a non bitcoin forum (not the btc sub-reddit) , I would say this is pretty great news as people can now see it was the best investment of 2016 and it is on course to  be the best investment of 2017....

This is GENTLEMEN!!!

https://i.imgur.com/TeW0JPB.jpg





Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Immakillya on December 26, 2016, 02:09:38 AM
Wow. This is really huge for bitcoin. Bitcoin is starting to be a superstar right now. I hoping for more of this in the future. It will be good for bitcoin. Reddit is a huge forum. It will be a good publicity for bitcoin. 


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Kray on December 26, 2016, 02:17:22 AM
Bitcoin is on fire! Made the front page of reddit!

https://www.reddit.com/r/Futurology/comments/5k7uh8/bitcoin_surges_above_900_on_geopolitical_risks/

Prepare for moon soon!  8)



Bitcoin price will rise again to $1000++ and if no hack issue it will stable in $1000.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: senyorito123 on December 26, 2016, 02:37:37 AM
"In the history of Bitcoin, there has only been 11 days that the market was higher than it is today. So if you bought on any of the days since 2008, other than those 11 days, you are profiting."

Is that true?  Kinda cool if it is, and it's pretty good that bitcoin is sparking any sort of discussion outside this forum.

Still can't stand reddit, though.  The whole 'forum' is like a huge turd magnet.

There is a couple of thousand people chatting about it on a non bitcoin forum (not the btc sub-reddit) , I would say this is pretty great news as people can now see it was the best investment of 2016 and it is on course to  be the best investment of 2017....

This is GENTLEMEN!!!





This is the best news in this year for bitcoiners. Bitcoin value from the past years got increased 4x, Those who buy cheap bitcoin from the past are millionaires now. So lucky of them trusting bitcoin to bloom from the cryptoworld. We hope bitcoin will increased more on 2017. This year will make a history on bitcoin. Many people now know bitcoin and make bitcoin a primary source of income in there life.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Wind_FURY on December 26, 2016, 02:44:34 AM
"In the history of Bitcoin, there has only been 11 days that the market was higher than it is today. So if you bought on any of the days since 2008, other than those 11 days, you are profiting."

Is that true?  Kinda cool if it is, and it's pretty good that bitcoin is sparking any sort of discussion outside this forum.

Still can't stand reddit, though.  The whole 'forum' is like a huge turd magnet.

It is a fact. You can check the Bitcoin chart if you want. With that logic I would expect most of the active traders to stop buying because of the fear of losing some of their gains. Bitcoin might plateau in the coming weeks and could even crash slightly giving us another opportunity to buy and hold some more.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: pooya87 on December 26, 2016, 04:56:32 AM
this is a great news for bitcoin and it always gets this big whenever "price" is moving up which makes me both happy and sad. happy because of course who doesn't love a price rise but also i am sad because it shows that most people are only looking at bitcoin as a speculation tool, to trade and make $$$ not as a currency.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Dmitry.Vastov on December 26, 2016, 05:07:35 AM
It will be good for bitcoin. Since bitcoin surge to $900, i've seen many news about bitcoin. Some of that are good and some are bad. But this is good advertisement for bitcoin. Reddit is a bigtime forum. Many people will read this so i hope it has a positive effect on the price.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Xester on December 26, 2016, 05:53:34 AM
If that is the case then lets hold all of our earned bitcoins and wait for this moment. It is a good news to me who is doing a signature campaign because it means additional income. Bitcoins value going skyrocket is an event that we are all waiting for, it will also mean that more users will engage in bitcoin due to its increasing price.

Reddit is another big promotion for bitcoin hope more people will promote bitcoin online as well as the local TV networks.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: thepo1m on December 26, 2016, 06:00:34 AM
Wow. This is really huge for bitcoin. Bitcoin is starting to be a superstar right now. I hoping for more of this in the future. It will be good for bitcoin. Reddit is a huge forum. It will be a good publicity for bitcoin. 

I believe this will open the roof when BTC price pass $1000 mark. This is a barrier that needs to be overcome first


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: smyslov on December 26, 2016, 06:45:31 AM
Before I got into Bitcoin early this year I read a lot of predictions about Bitcoin for this year some experts predict $1000 to $2000 and after following the price chart I just knew it will hit $900 although not yet $1000 but will soon be and from then not only Reddit will cover this news.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: shecarlin on December 26, 2016, 06:49:55 AM
Yes, It must fly to da moon now.
It can not stop at 800$ or lower. Will you be ready to get more profits in the year of 2017 ?
I have bought some BTCs for storage.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Pursuer on December 26, 2016, 06:50:32 AM
this is a very good news, on reddit there are millions of people reading the /r/all board and when they see things like this, they are all good publicity for bitcoin and we always need that.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: HaruBit on December 26, 2016, 07:00:35 AM
I've read /r/bitcoin turns out there is quite crowded as well as in this forum.
in 2016 Bitcoin is amazing, I never thought it would be like this at the end of the year. I am new in Bitcoin, but i'm ready for this.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Zadicar on December 26, 2016, 07:05:43 AM
I've read /r/bitcoin turns out there is quite crowded as well as in this forum.
in 2016 Bitcoin is amazing, I never thought it would be like this at the end of the year. I am new in Bitcoin, but i'm ready for this.
You made the right decision on engaging to bitcoin and we should be ready on future price increase of bitcoin.We could already see the proof now and bitcoin is doing good right now.Just hoping that there are no exchange hacks that would happen on next few months or years.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Wendigo on December 26, 2016, 07:08:04 AM
Some snippets from the Reddit thread:

Quote
[–]CrashXXL 11 points 9 hours ago*

ITT: Everybody saying nobody knows what Bitcoin really is.


Quote
[–]SpontaneousDream 187 points 15 hours ago

A few of the comments here are just painful to read...some people seriously misunderstanding how Bitcoin works and WHY it has value/utility.


Quote
[–]lifethrowaway23 1 point 4 hours ago

ITT: Smug comments saying how people have no idea how currency/bitcoin works.

Quote
[–]xspacess -3 points 12 hours ago

its like fools gold,no one knows who sets price,what its really worth,how much is about

Quote
[–]Gdott -6 points 11 hours ago

I laugh every time I hear people investing in BitCoin.


Quote
[–]PleaseBeJokingPlease -10 points 14 hours ago

Only people who care about bitcoins are the people who own them.

Only a moron would fall for the ponzi scheme that is bitcoins.

"Hey man, buy bitcoins and we'll both be rich when the value goes up!!!"

Quote
[–]holy_paladin -3 points 8 hours ago

These bitcoin investors have no idea how much they gon lose when we get our first quantum computer in the wrong hands


Quote
[–]Yimpish -5 points 7 hours ago

In 2013 a bitcoin was worth easily more than $1000, this just means it's about to drop off again soon.

Damn the similarities to the threads/comments on here are uncanny  ;D


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Wandering Soul~ on December 26, 2016, 01:26:02 PM
Well this is a good news to spread bitcoins awareness to more people . But I must say that after reading the post on reddit, Peoples opinion on bitcoin are halfed with both positive and negative which is realistic and obvious to happen. Some comments are evn painful to watch either way every people who becomes interested and a bitcoin user counts 


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: ~Bitcoin~ on December 26, 2016, 01:43:32 PM
Lots of high expectation on bitcoin making it to surge more this days and i personally think it will easily cross $1000 per coin within few weeks of next year. One of the really interesting comment i have seen on that reddit post is

Quote
My grad school roommate talked me into buying $100 in bitcoins in November of 2010. My gf at the time called me an idiot. She is no longer my gf despite her best efforts.
This guy should be rich by now with bitcoin if he is telling truth.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: BTCLovingDude on December 26, 2016, 01:47:43 PM
every time bitcoin price goes up or even down everyone starts to go crazy about everything. this time the price rise isn't even as big as 2013 and everyone is talking about some big price jump out of nowhere.

i hope we stop doing this and start talking about bitcoin more when price is stable too. we should have at least one topic in the front page of reddit every day not just price related.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Viviyang on December 26, 2016, 01:55:55 PM
Lots of high expectation on bitcoin making it to surge more this days and i personally think it will easily cross $1000 per coin within few weeks of next year. One of the really interesting comment i have seen on that reddit post is

Quote
My grad school roommate talked me into buying $100 in bitcoins in November of 2010. My gf at the time called me an idiot. She is no longer my gf despite her best efforts.
This guy should be rich by now with bitcoin if he is telling truth.

Ya it is true that the guy is rich but he would had sold it in the last rally as per my idea. but still their are more users who have invested or mined on that time but in them 80% of them have sold it or some of them thrown the wallet and now after seeing the price they are crying.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: calkob on December 26, 2016, 04:54:07 PM
It will be good for bitcoin. Since bitcoin surge to $900, i've seen many news about bitcoin. Some of that are good and some are bad. But this is good advertisement for bitcoin. Reddit is a bigtime forum. Many people will read this so i hope it has a positive effect on the price.

I think that most of the news about this current bull run has been positive, i have seen the mainstream media take a liking to bitcoin over the last 6 months.  i think that most of them are secretly getting some for them selves before the real pump comes.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: PeRo on December 26, 2016, 05:20:04 PM
Thanks to this post, I just realized that the Bitcoin price is around 900$ right now. I did not really have clue because I was too lazy to check the price lately. Anyway, it is great that it is on the front page of reddit. I wonder how much will the price pump, if it countinues.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Wind_FURY on December 27, 2016, 03:27:20 AM
Some snippets from the Reddit thread:

Quote
[–]CrashXXL 11 points 9 hours ago*

ITT: Everybody saying nobody knows what Bitcoin really is.


Quote
[–]SpontaneousDream 187 points 15 hours ago

A few of the comments here are just painful to read...some people seriously misunderstanding how Bitcoin works and WHY it has value/utility.


Quote
[–]lifethrowaway23 1 point 4 hours ago

ITT: Smug comments saying how people have no idea how currency/bitcoin works.

Quote
[–]xspacess -3 points 12 hours ago

its like fools gold,no one knows who sets price,what its really worth,how much is about

Quote
[–]Gdott -6 points 11 hours ago

I laugh every time I hear people investing in BitCoin.


Quote
[–]PleaseBeJokingPlease -10 points 14 hours ago

Only people who care about bitcoins are the people who own them.

Only a moron would fall for the ponzi scheme that is bitcoins.

"Hey man, buy bitcoins and we'll both be rich when the value goes up!!!"

Quote
[–]holy_paladin -3 points 8 hours ago

These bitcoin investors have no idea how much they gon lose when we get our first quantum computer in the wrong hands


Quote
[–]Yimpish -5 points 7 hours ago

In 2013 a bitcoin was worth easily more than $1000, this just means it's about to drop off again soon.

Damn the similarities to the threads/comments on here are uncanny  ;D

Some of those comments are from the people who have closed their minds on the possibilities and the potential of the technology. Not to mention the potential profits that can be made with it. I admit that back in 2012 when I have first heard about Bitcoin, I was one of the doubters and brushed it off as nothing but a fad. When I saw it rise to $1000 at the end of 2013 I was amazed and vowed not to become closed minded ever again. So now I am here buying Bitcoin whenever there is a "discount".


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: U2 on December 27, 2016, 03:48:25 AM
Some snippets from the Reddit thread:

Quote
[–]CrashXXL 11 points 9 hours ago*

ITT: Everybody saying nobody knows what Bitcoin really is.


Quote
[–]SpontaneousDream 187 points 15 hours ago

A few of the comments here are just painful to read...some people seriously misunderstanding how Bitcoin works and WHY it has value/utility.


Quote
[–]lifethrowaway23 1 point 4 hours ago

ITT: Smug comments saying how people have no idea how currency/bitcoin works.

Quote
[–]xspacess -3 points 12 hours ago

its like fools gold,no one knows who sets price,what its really worth,how much is about

Quote
[–]Gdott -6 points 11 hours ago

I laugh every time I hear people investing in BitCoin.


Quote
[–]PleaseBeJokingPlease -10 points 14 hours ago

Only people who care about bitcoins are the people who own them.

Only a moron would fall for the ponzi scheme that is bitcoins.

"Hey man, buy bitcoins and we'll both be rich when the value goes up!!!"

Quote
[–]holy_paladin -3 points 8 hours ago

These bitcoin investors have no idea how much they gon lose when we get our first quantum computer in the wrong hands


Quote
[–]Yimpish -5 points 7 hours ago

In 2013 a bitcoin was worth easily more than $1000, this just means it's about to drop off again soon.

Damn the similarities to the threads/comments on here are uncanny  ;D

Some of those comments are from the people who have closed their minds on the possibilities and the potential of the technology. Not to mention the potential profits that can be made with it. I admit that back in 2012 when I have first heard about Bitcoin, I was one of the doubters and brushed it off as nothing but a fad. When I saw it rise to $1000 at the end of 2013 I was amazed and vowed not to become closed minded ever again. So now I am here buying Bitcoin whenever there is a "discount".

Lol it sounds like a bunch of old people that would usually sit around and complain about other cultures and what their grandchildren do for fun these days. Just 100% uneducated but trying to make a post about it anyways.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Lionidas on December 27, 2016, 04:05:03 AM
I knew it was rising rapidly like never seen before but did not know it was so significant to make reddit turn and post it on their front page.
Now you know it is a special event that is going on. :D


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: jondeen707 on December 27, 2016, 07:42:02 PM
It will be good for bitcoin. Since bitcoin surge to $900, i've seen many news about bitcoin. Some of that are good and some are bad. But this is good advertisement for bitcoin. Reddit is a bigtime forum. Many people will read this so i hope it has a positive effect on the price.

I think that most of the news about this current bull run has been positive, i have seen the mainstream media take a liking to bitcoin over the last 6 months.  i think that most of them are secretly getting some for them selves before the real pump comes.

The mainstream media would write about anything that's trending without giving much thought about it. But they definitely add to the general hype about bitcoin.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Wind_FURY on December 28, 2016, 03:57:46 AM
It will be good for bitcoin. Since bitcoin surge to $900, i've seen many news about bitcoin. Some of that are good and some are bad. But this is good advertisement for bitcoin. Reddit is a bigtime forum. Many people will read this so i hope it has a positive effect on the price.

I think that most of the news about this current bull run has been positive, i have seen the mainstream media take a liking to bitcoin over the last 6 months.  i think that most of them are secretly getting some for them selves before the real pump comes.

The mainstream media would write about anything that's trending without giving much thought about it. But they definitely add to the general hype about bitcoin.

You cannot blame them. The mainstream media will write any story and hype it or make it interesting by adding a few ideas of their own here and there. Journalism today is all about the money now just like anything else in life.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: lumeire on December 28, 2016, 09:36:37 AM
Well the best investment of 2016 isn't necessarily would be the best investment of 2017. This rally built another round of huge expectations for BTCBTCBTC, which may be a bad thing overall.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Yatsida on December 28, 2016, 09:53:32 AM
I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: CoinCidental on December 28, 2016, 11:48:52 AM
I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media  reports btc to $1k or Btc partity with gold
we might  see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: 1Referee on December 28, 2016, 12:16:31 PM
I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media  reports btc to $1k or Btc partity with gold
we might  see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

I thought that the mainstream media would also report about Bitcoin reaching $800 and then $900, but it didn't happen. That while when Bitcoin broke through $600 this year for the first time, it was covered on the news. But I must say that $1000 is somewhat of a special price point for the media to report about. I am quite sure that if it is being covered, that there will indeed follow a wave of panic buyers looking to make quick profits. But once things have calmed down, these people will lose out big time as they mostly buy at the peaks. It's called learning an expensive lesson as blindly buying isn't any different from gambling.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: CoinCidental on December 28, 2016, 12:32:11 PM
I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media  reports btc to $1k or Btc partity with gold
we might  see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

I thought that the mainstream media would also report about Bitcoin reaching $800 and then $900, but it didn't happen. That while when Bitcoin broke through $600 this year for the first time, it was covered on the news. But I must say that $1000 is somewhat of a special price point for the media to report about. I am quite sure that if it is being covered, that there will indeed follow a wave of panic buyers looking to make quick profits. But once things have calmed down, these people will lose out big time as they mostly buy at the peaks. It's called learning an expensive lesson as blindly buying isn't any different from gambling.

gambling you always lose,btc is a limited supply so they could easily buy for 1k and still win
just hodl until 10k
big money is trying to get into btc :

http://www.newsbtc.com/2016/12/27/bitfury-and-other-miners-receive-offers-to-buy-mined-bitcoin-in-bulk/


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Mark Frappeles on December 28, 2016, 12:33:50 PM
Bitcoin above $1000 this year: I believe


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: LFC_Bitcoin on December 28, 2016, 02:13:25 PM
Starting to feel that 'This Is Gentlemen'.

Seriously I think this could be it.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: anonbit992 on December 28, 2016, 02:31:32 PM
I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media  reports btc to $1k or Btc partity with gold
we might  see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

I thought that the mainstream media would also report about Bitcoin reaching $800 and then $900, but it didn't happen. That while when Bitcoin broke through $600 this year for the first time, it was covered on the news. But I must say that $1000 is somewhat of a special price point for the media to report about. I am quite sure that if it is being covered, that there will indeed follow a wave of panic buyers looking to make quick profits. But once things have calmed down, these people will lose out big time as they mostly buy at the peaks. It's called learning an expensive lesson as blindly buying isn't any different from gambling.

gambling you always lose,btc is a limited supply so they could easily buy for 1k and still win
just hodl until 10k
big money is trying to get into btc :

http://www.newsbtc.com/2016/12/27/bitfury-and-other-miners-receive-offers-to-buy-mined-bitcoin-in-bulk/

Media all over world is starting to show case bitcoin and I think we should be happy about it. Good to see new people getting interested in bitcoin. I hope they will take the time and the efforts to understand the technology rather than trying to make some quick bucks. Gambling to make bitcoin is dangerous, gambling should be done for entertainment only.



Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: CoinCidental on December 28, 2016, 02:51:13 PM
Starting to feel that 'This Is Gentlemen'.

Seriously I think this could be it.

I have no doubts either this or the next bullrun will bring us to $10k..... After that the next one is $100k
It will follow the same S curve everything else does :
https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.d0z16e7sr


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: tiggytomb on December 28, 2016, 03:16:12 PM
If bitcoin hits the $1,000 mark it will grab even more attention, the exposure it is getting recently is great, it was discussed I think on CNBC recently as well.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: alyssa85 on December 28, 2016, 03:49:18 PM
The news has hit the Telegraph as well:

http://www.telegraph.co.uk/technology/2016/12/28/bitcoin-price-record-high-against-pound-euro/


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Gotottack on December 28, 2016, 04:09:08 PM
Bitcoin will rage over the internet and the local news for sure! Bitcoins has been sky rocketing and beating all expectations everybody is speculating about. We all speculated that it will reach $800 before the year's end, and it did just that before christmas. Then now our next milestone is $1,000 before the end of the year! It's very near and we will get there!


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: MiladMax on December 28, 2016, 04:09:41 PM
investing.com:
Bitcoin prices rally past $960; next stop $1,000

http://www.investing.com/news/forex-news/bitcoin-prices-rally-past-$960;-next-stop-$1,000-450161


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Bitcoinsummoner on December 28, 2016, 05:07:04 PM
It means that bitcoin is trending right now because the price of bitcoin is increase fast and i think if we hit 1k value like other said more attention by many people that we can be attracted to invest more people in bitcoin that can push the price more above 1k value.. i hope they can notice the benefits that we are getting in bitcoin..


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: CoinCidental on December 28, 2016, 05:11:30 PM
The news has hit the Telegraph as well:

http://www.telegraph.co.uk/technology/2016/12/28/bitcoin-price-record-high-against-pound-euro/

THIS IS GENTLEMEN!

http://static.comicvine.com/uploads/original/11121/111210761/4376293-3894987917-meme-.jpg


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: socks435 on December 28, 2016, 05:22:26 PM
That is why the price was increased these days because of reddit that most of visited site world wide.. well i think more new users in bitcoin are come and use bitcoin right now and many people are buying more bitcoins because more people are seeing the movement of the price that actually you can seen that the price is gradually increasing.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Przemax on December 28, 2016, 07:21:37 PM
More new users means mainly a one thing. Big price swings. If that is true we should expect huge price swings. If price will not be much volatile its the China that doesnt know what to do with money. Especially on the winter time so they want to create a bubble. People will join ... even if they are negative commenting the bitcoin. They will join as last pay the price of being last so they could confirm that bitcoin is bad. So yeah it will be a fun time when everyone will confirm what they believe.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Wind_FURY on December 29, 2016, 03:33:01 AM
Bitcoin above $1000 this year: I believe

It could but if everything stays the same it is more possible to happen during the first few months of 2017. I am not a good trader but I have recently been experimenting in trading altcoins at Poloniex. I have lost some of my Bitcoins which I regret because of my greed. I believe the safest and sure way is to just hold them while it is rising. The markets move very fast and I end up in panic buying or selling.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: maku on December 29, 2016, 03:51:27 AM
Some snippets from the Reddit thread:

Quote
[–]CrashXXL 11 points 9 hours ago*

ITT: Everybody saying nobody knows what Bitcoin really is.


Quote
[–]SpontaneousDream 187 points 15 hours ago

A few of the comments here are just painful to read...some people seriously misunderstanding how Bitcoin works and WHY it has value/utility.


Quote
[–]lifethrowaway23 1 point 4 hours ago

ITT: Smug comments saying how people have no idea how currency/bitcoin works.

Quote
[–]xspacess -3 points 12 hours ago

its like fools gold,no one knows who sets price,what its really worth,how much is about

Quote
[–]Gdott -6 points 11 hours ago

I laugh every time I hear people investing in BitCoin.


Quote
[–]PleaseBeJokingPlease -10 points 14 hours ago

Only people who care about bitcoins are the people who own them.

Only a moron would fall for the ponzi scheme that is bitcoins.

"Hey man, buy bitcoins and we'll both be rich when the value goes up!!!"

Quote
[–]holy_paladin -3 points 8 hours ago

These bitcoin investors have no idea how much they gon lose when we get our first quantum computer in the wrong hands


Quote
[–]Yimpish -5 points 7 hours ago

In 2013 a bitcoin was worth easily more than $1000, this just means it's about to drop off again soon.

Damn the similarities to the threads/comments on here are uncanny  ;D
How I love the negativity of uneducated fools who believe that everything revolves around centrally steered economy and illusion of economic safety in the form of fiat currencies.
They seriously need to read some bitcoin related FAQ first and then comment. Or maybe it is totally FUD centered attempt to discredit BTC?


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: Yatsida on February 22, 2017, 02:47:31 PM
More new users means mainly a one thing. Big price swings. If that is true we should expect huge price swings. If price will not be much volatile its the China that doesnt know what to do with money. Especially on the winter time so they want to create a bubble. People will join ... even if they are negative commenting the bitcoin. They will join as last pay the price of being last so they could confirm that bitcoin is bad. So yeah it will be a fun time when everyone will confirm what they believe.

The price is rising faster now.


Title: Re: Bitcoin is on fire! Made the front page of reddit!!
Post by: LLec on February 22, 2017, 03:00:23 PM
Being an old thread. I did decide to see what the new post was about but was disappointed with noting relevant to say more about it being front page again.
Because with the ATH nearly here it should be in the front of all news media outlets again.
I doubt reddit will repeat an old story of 3 months ago to just recycle their page again now would they? :D
But we all know that major media outlets just gobble this stuff up to make it to the 6 o'clock news as a breaking news story to gather notoriety amongst their other news media peers.