Bitcoin Forum

Or are we just going to reach the current ATH at around $1160? What are you guys thinking? I've seen $1025 thrown around alot as a target for a pull back.

One day a new ATH will be reached. I think Gox's ATH was above $1300, so still at least $300 more if $1000 is broken, what could take some time

A lot of people don't consider Gox ATH a true ATH due to the illiquidity... but yeah that's what I'm asking. $1300 and above is inevitable, I'm just wondering if you think it will be briefly after we break $1000.

Gox's ATH doesn't hold much value since people had no way to cash out money, nor their coins. It was just people recklessly buying up the price in a YOLO manner. That's why we just need to focus on Bitstamp's ATH. But then again, I prefer to see a slower but more steady growth than all the peaks we have been seeing. None of these peaks have lasted long as the price was dumped down again due to FUD and other stuff.

it is hard to talk about the ATH at this point, the buy support seems to be good right now and we have been rising with a good speed.
on top of that around $920 had a decent amount of time, and that helped with the accumulation. however we still need to see above $1000 and how supports are going to be then, to give any opinion about the future.

i myself expect 1050 and then playing around above $1000 for a while before the ATH to have another nice shake out.

Indeed, but like it or not, it makes the graph look ugly, we must destroy that fake ATH. Once we get an ATH now, it will be with real volume, no fake Gox, no fake chinese gamblers, now it's the real deal and we are so damn close. Once we get the new ATH in the current scenario then we'll shoot to the sky since it will be a total consolidation.

I'm having similar intentions, I think unloading around the $1050 mark would be good.

I prefer that Bitcoin stays in this range for some time, and then start a slow climb, but I think we'll see some big spikes on the road ahead...

To infinity and beyond~

At no ATH much people sell coins at that price. Actually not many people sold BTC at over $1100.  It is same as altho BTC went to under $800 few weeks ago only few actually bought them for that price.

I think that we may go near $2000 if we break $1000 once again, because the resistance levels are showing good strength nowadays than support, and they are being crossed every time we think Bitcoin will go down. Proving everybody wrong, bitcoin is the King and I think that we will see another ATH soon if it crosses back $1000.

Well I guess a new ATH is inevitable this year.  I do not know if it can be reached this early but I am confident that we are nearing to the new All Time High.  It is the second time Bitcoin breaks $1000 wall (i checked it on google) and we are still at the 1st quarter of the year. 

Well we just did. Fingers crossed.

Bitcoin already broken the wall of $1000.  It is again at 4 digit price.  I do believe of the possibility that Bitcoin will reach a new ATH this time.  The market is still Bullish I just hope that it is not a Bull Trap. Because for sure Bitcoin Price will drop sharply if it is.

Me too. People also need to prepare for those who bought at $1000+ selling in relief (the drop from $1000 to $800 will have spooked them and they will be glad to get out).

The sudden price increase at the first road of breaching $1,000 for the first time months ago since the ATH starts around $700 or $800 if I recalled it correctly.

This past days, the sudden price increase starts at around $900 before reaching the current price and still going up as of Im posting this.

So basically if you get the picture of my statement, since the price started at around $900 it's really possible to breached again the last price high we encountered this year. But of course we don't just have to based on that since it's still on the hands of people's response about the current price movement whether to go increase or decrease.

We broke now 1.000 Dollar again. I think when we will break 1160 Dollar,
then it will go now very fast to 1500 and more in the next days.

The days where you can buy bitcoin "cheap" are over imo, buy now or buy later, but only expensive.

It just depends on what graph you are looking. If I look at Bitstamp, then there is an ATH of $1163 -- which we nearly broke through early January as the price almost touched the $1140 level. Bitfinex back in 2013 reached an ATH of $1175 -- which we also nearly broke through in early January as the price peaked at $1166. I think if we don't experience any more exchange "hacks", then I am fairly confident that we'll break the ATH this year on every exchange. CNY exchanges have broken through the old ATH already in January.

True. we ain't gonna get cheap coins now.
 i think the price of bitcoin will be $1500 by june or july. we need stable increase, not fast rise and fall right?

I doubt it very much. And even IF we will see a new ATH it's nothing but a fad.
Why?! You ask...? Simple, the technical fundamentals to support this value are still missing, bitcoin does not scale, SegWit has been rejected by the community. Bitcoin does not offer privacy. And most importantly price-wise; the orderbooks are extremely weak.

Keep quacking, maybe some noobs will fall for your BS.

Bullshit. At $200 people were talking like you "no, we won't get $10 coins anymore, the time to buy has passed" We are gonna get cheap coins, because now the price is still low.
If you buy today and check the price in 2019, your coins will be worth $5000 each and in posts in "speculation" will be like "I'm waiting for cheap coins $1500 coins, who's with me?"

Not so fast, take it easy. We need to see if the $1000 limit is the floor, then a little side trading for a few days between 1000 and 1050. Maybe me will se sub $1000 at the weekend due to the low Chinese volume at those days. The uptrend is still on the air and the 1200 wall is the point of not returning, but dont spect more raising behind that point, im pretty sure we wont see a $2000 for a few years, not till the blockchain issue its solved.

maybe btc need to do a retracement first

I think that its better if it takes some time before going ATH, i prefer that bitcoin price grows slow and continuos, and not with pumps and dumps going fast to the top, and falling another time.

Everyone here seems very enthusiastic because of this new approach to that ATH, but I personally think this is not a good news for the bitcoin economy. While this great volatility remains in the bitcoin price it will be harder to see a massive adoption of this coin because no one should be interested in investing their assets in a currency that can gain or lose 20% if its value in few days, that is why I would prefer to see a more stable price at this mark of $1000.

The time has come now for some quality time. At least if you hold bitcoin.
Question is when 1000 dollar got stable support. From there we will see the old ATH for sure.

I think this year we could see $1500

We may see $1500 sooner than we may think, and this time it won't be 1 day peak so whales can sell coins high and then we will have instant 20% drop the very next day.
I want to believe that Bitcoin trading in china is more stable after chinese central bank imposed some regulations, limiting margin trading.
Thre are also signs of adoptions from India, Pakistan, Mexico and African countries, all this will impact the price positively.

i hope this too and i believe this. this year will be a good year for bitcoin as we can see there is many adoptions from other country and with the new people getting involve with bitcoin, the price is going to gets up and we can make more money. beside china, i think other country that in the same area with china don't want to gets late too and i hope they will join in bitcoin industry soon.

many agree upon a much higher ATH in this year.
if we are following the normal up rise of previous years, we should see another 2x rise meaning to go from $900 to $1800
and also since this is new prices, it can mean much less resistance and easier rise.

We are aiming for that as always and bitcoin really moves in a positive ways so i guess we are really going to another ath and we can make more speculation as we seen traders are really making some good moves, price is more than 1k$ if this will resist here and more uptrend to follow might be possible with in first quarter we can see much better value.

We should not be too confident since pullback will surely happen when bitcoins price would already reach the previous peak price.I do agree with you we are always aiming for bitcoin would move on positive ways and im hoping there would be no bubble to pop-out as of now or any news would happen.

He is such a joke. When we hit $2,000 he will still be on denial and claiming bitcoin it's a fad. He still doesn't understand that the "scaling struggle" is a never ending one, just like scaling the internet itself or anything that aims at global usage.

Bitcoin is looking as best as ever.

I'm sure we're gonna see it happen in this month, bitcoin will reach ATH just like last month.
We're sitting on $1000 floor right now, and it seems the price steady at this point won't move back to $900's.
The market, especially daily traders just testing to sell out and look after decrease but it doesn't, so we will just slowly rises again.

Do you actually have arguments against my case or you just like to shout nonsense and stick your head in the sand?

1. Bitcoin might not be as good digital currency with all this scaling drama but it is still has excellent store of value properties probably the best we currently have, this alone will keep price high.
2. What privacy are you talking about? You wan't bitcoin to be completely anonymous and not transparent? It is hardly argument against bitcoin.
Fully anonymous coins have no future with current level of financial regulations being pushed by governments.

I think once 1000 is broken, like it has already done I think a day ago I believe bitcoin will go to around $1100 and just sit their. Maybe that will be the new stable price point or maybe not?

But I don't think bitcoin can hit the former ATH, that was a bit insane though we are close.

your case is full BS and you keep saying the same thing for years. at least say something new.
we are still waiting for your case of $100 to happen and we are 10 times over your predicted price now but you keep sticking to it.

That there is a dang good point, the price were inflooted by gox at the time.  Now as t'tha original queery here, yuh.  We gon' see a new all time high,  but ah hopes we's slow in gittin' there.  We busted out way too fast last time, chimp.  Cain't sustain an' maintain tryin' ta wheelchair yo ass outta bottle rocket.  I give't 2 months 'fore we git there.

well your argument about privacy is a bit stupid if you compare it to fiat and people like to use fiat otherwise they would all use bitcoin already, it's more anonymous than fiat will ever be

bitcoin was never mean to be anonymous at 100% but you can actually make it so, with some work

scaling will be forced at soem point when the fee will be so damn high that the block must be increase, i guess they are all waiting for that...

Yesterday the exchange rate of bitcoin for the second time this year have overcome a mark 1000$ after a long correction, which resulted in the price fell to 750$. Additional factors to growth rates continue to be the deepening of economic crisis in China and political instability in Europe and the United States after assuming the office of President of the United States Donald Trump. All this is making investors to shift some funds in a secure safe-haven assets, and bitcoin is already several years is considered to be one of them.

OK, after the last price increase it seems clear to me that the price wants to retest the ATH/double top at ~$1150.

In my opinion there are two possible outcomes:

- a triple top. Its a possibility that the bullish sentiment is not strong enough to break the ATH.  I know kwukduck is one of these nordic guys in the forest, but what he said in this post (https://bitcointalk.org/index.php?topic=1775546.msg17711785#msg17711785) is partly true: Bitcoin's fundamentals are pretty weak at this moment. There are, at least, no fundamental bullish indicators like a Segwit adoption in the near future or a working LN.

- we break the ATH, but crash hard after a fast hype-like rally up to about $2000. That was my prediction in late December that didn't hold true (we crashed earlier but not so hard). It is based on the hypothesis that there is a strong bullish sentiment now based on the belief that the "halving" last year has a long-term bullish incidence on the price, like it occured in 2013. But the sentiment could abruptly turn bearish because I expect a transaction volume explosion in such a rally, and Bitcoin's not ready for it at the moment with its full blocks.

PS: MtGox's ATH was $1242 according to Bitcoinity. (https://bitcointalk.org/index.php?topic=1739500)

So it seems to start sellin Bitcoin at $1100+ isn't a bad idea. I sold about .6 at $1020.

selling bitcoin when price of it goes up is never a bad idea, but as long as you are willing to accept the risks of selling it.

we have all seen time and again when price goes up, you sell and then price keeps going higher and even after the correction it no longer comes back to where you have sold.

so if you can accept this risk then sell, enjoy the profit, and buy back if you could. otherwise you will end up losing a lot of money and so many good opportunities.

Looksl ike we're not going to break $1050 after yesterday's rise into the $1030's and $1040's. I suspect a downward trend is upon us soon.

Selling shouldn't be a problem when you stick to cashing out small amounts. If the price goes down you'll be able to buy back at lower levels. If the price goes up further you'll be able to benefit in the way that you can cash out another portion, but now at higher levels. That's why people should never sell all their coins at once as the chances are very high that it will end up in a big disappointment. Same basically goes up for when you're buying coins. Never go all in.

Downtrend is possible if this increase is just a hype, but I do believe about whales manipulation.  So thinking about the future change and referring to the graph is useless, it is all up to the hand of the whales, I just hope they are not willing to cash out at this price and aimed higher. Though Price is getting stuck at what range it is now, is this an indication of bulls being exhausted? If so, then we can probably see a downtrend as what  I quoted say.

What you are not seeing is the range of bitcoin is moving up before it was moving around 750 to 840$ but now the range is above 1k $ so it will break the All time high price this time it is only a small matter of time. This small correction is to make the weak hands to sell of so that whales can move up the price after that.

I mean, no one knows this for sure. I might just hold though, I've already liquidated a little bit into USD.

I think it's going down a Little bit because people just don't get used to buy a bitcoin at +1000$, I think 900$ seemed to be consolidating, but not 1000$. so I think we are going to at least 900-950ish for some days before rallying again. My two cents

I think $1000 is a big floor that we are seeing consolidation right now in front of our eyes. Sooner or later the days of the 3 figure per bitcoin will be over forever, so it's only a matter of time when this is the case. Looks like this time is a good time to never see 3 figures ever again.

We're seeing a slow but steady grind up it seems, with like 1-2% daily growth in the last couple days. If this keeps up, I feel like once $1100 is broken, FOMO will set in some more and the rate of growth will accelerate even further.