Bitcoin Forum

Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

FOMO?

We will most likely touch 1,300 but what will happen next? Up again or down and consolidation? That`s the question!

http://imagizer.imageshack.us/a/img922/6923/2eo38K.gif

I predict a climb.

10 k baby, 10k

The price at the middle of the month is getting stabler and I think this is a good thing to bitcoin, I highly believe that bitcoin price is very near to reach $1,300 and I hope that it will happen in this month or at least in the beginning of April.

But we should estimate what could be the bottom price of bitcoin, $1,200 is not anymore as the price can crash anytime to $1,100 but I think that a strong bottom price is 1,000+

Fear Of Missing Out

ETF only temp knocked it down def seems like its headed to 1300 again

As I have always said bitcoin has strong and real community picking up any dumps, the system works like this: if you are a fat person you will gain more weigh as days going by and you'll never lose say 10 pounds over night as everything has a natural process, with bitcoin somehow is similar if you ever noticed, price never drops or jumps much suddenly across all the exchanges whenever it drops there are people with actual balls to buy it back up. if we could maintain this healthy relationship and let it occur naturally I'm sure we can push the price $40 up every week.

I think the latest spin to pin Bitcoin's rise now is the debt ceiling (because the lagacy news media can't figure out why Bitcoin is so resilient).

One of my friends actually shorted bitcoin right after the ETF decision.

Everyone expected bitcoin to go down to sub $1k value. And it did. But only for like an hour or two, and then it went back up to $1100~ish. Nobody expected this at all, and it proves again that markets are unpredictable even by the expert analysts.

Bitcoin has received amazing community support over this period of time.

I can definitely see bitcoin going to $1,500 or even $2,000 before the year's end.

No doubt if we will reach $1300 as soon as possible, with the massive supporter and the strong community to push the bitcoin always up and up. I glad to see the comeback of the bitcoin into the next level.
Just hodl and hodl.  8)

Bro, Please share link about this, therefore. we can refer it. I do not think also bitcoin was borrowed by any government. Do not what is happen with blockchain technology.

I don't have a crystal ball or a tarot card but by the looks of it and how the price of Bitcoin move lately, $1,300 USD is possible in a few days or weeks maybe and we may see a new all time high again $1,280 USD is the ATH recorded last March 04 this year and BTC is now being traded at $1,251 USD so $1,300 USD is within reach.

You do? That is funny. I do too! What a coincidence.

Thanks to the people that panicked some of my buy orders were hit. Now many of them are stuck holding their fiat and waiting for Bitcoin to go back down. Sorry it might not happen in a while.

Dump  was expected but the number of buyers were more than sellers because people anticipate the dump and trader are waiting to exploit it. Since the demand was more than the supply the market had to adjust to it. Bitcoin is at a stage that market cant cause a dip for long time before it recovers, it is only the newbie that could make such mistake. Now we should expect a gradual rise to 1500 by June even with chinese factor

nah, it is simply because all that money that flew out of bitcoin is not coming back!
where did you think all the people who sold their coins on top (before the dive) did afterwards? that's right they all bought back in and continue to do so. the previous buy pressure for accumulation is also still there.

A very bad move of them! ETF isn't that a big deal and truly thanks for those people that thought the result has a very big impact.

And luckily the price is quite stable back to $1,200. $1,300 is on it's way let's just wait for sometime so that those people that did panic selling.

They don't have choice anymore but to buy bitcoin at higher price.

I also think this time we will cross this barrier easily after some controversy but bitcoin is still very strong. All are happy to see this massive comeback so no doubt this storm wont stop this time. $1,300 we are coming to this way.

Obviously,People all over the world have started realizing the true potential of bitcoin and they dont want to miss this golden chance of buying bitcoin for $1000.Thats what happened and due to it,price recovered fastly.Bitcoin price is no more dependant on any group of people or any factors.People who still short bitcoins believing such factors to reduce bitcoin price would only remain as loosers.

Last Friday I saw the price at $1325 and I heard it reached $1350 briefly.

It's been over $1280 so that is most definitely not the ATH.

Proper and full definition: "Anxiety that an exciting or interesting event may currently be happening elsewhere, often aroused by posts seen on a social media website."

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It might be something to it. I believe that bitcoin crowd realized that there is nothing really going in the way of BTC.
ETF decline, PBoC constant monitoring of Chinese exchanges and potential of fruther restrictions - all that didn't make bitcoin crash.
10% price drop? It's nothing. We will have $1250 in a week or two. $2000 in 2017 is not that impossible as I thought initially.

I still wonder why a lot of people expected bitcoin price to dump immediately after being rejected by SEC. They failed to realize that even before the talk about getting ETF approved, Bitcoin's price has been rising. The price is on it's way to $1300+ with or without the help from SEC's ETF approval.

Is it really the ETF thing that made it fall down for a while? I dont think it is. It is just a normal dump and pump again.
Why are people so scared with that ETF thing? Is it lack of information about funds?
Plus it will not really affect much with bitcoin. Who will join to invest after it is accepted? Small farmers with not a lot of money and other people who got a little to invest their money. I dont discriminate but that is the truth to what will happen after that.

Lol are you insane? Of course it was the ETF. It literally dumped all the way down to around $950 pretty much instantly when the news were released. This was totally timed controlled demolition, the good news is, fear didn't reign for long, it got sold and bought in back so quick, no we are stronger than before the ETF.

I'm OK with that direction. :)

https://i.imgur.com/xImJLZv.gif

That's right, after not accepting the ETF the dump started, some of the active users where really surprised by the sudden decrease in price though after that it rose again like nothing happened, it is great and I think accepting bitcoin in ETF will be longer than we thought but still, accepted or denied, not gonna let go.

yes im expecting that bitcoin price will crash suddenly because its on highest peak for today. theres a bigwhales to watch out theyre the reason out why bitcoin price is suddenly raising so fast and they also the reason why bitcoin price suddenly dropping because big whales have the most important part in bitcoin price chart.

The price will decrease this week. Tomorrow in USA there will be some new announcement about some taxes if i am right. And wednesday the chinese exchanges open again. I am not sure that there will be a crash so i hold and look how the storm passes.

Right now the price is on its way to 1300$ and I really am expecting a correction to happen soon since many holders might want to take profit again or some of those who bought at dip will sell those that they got to rebuy cheaper. The opposite might happen though but the chance of correction at these levels are very high since I think this price can be considered big for the history of bitcoin's price.

Lets hope for the hope as those who are into bitcoin from long time knows that the value of bitcoin will reach around 2000 US by the year 2020 but there might be little fluctuations like drop and increase in the value of bitcoin and those who are new to bitcoin will end up selling their bitcoins when there is a drop and traders will be more than happy to buy it as they are aware that it will eventually increase again so that they can sell it for much higher price and i think BTC will achieve 1300 USD by May this year.

That was the spike in the morning before the ETF decision came out - it went to $1325, and then went down to $1050 - they were taking out all the stops, and all the buy and sell orders.

This time, i think that it might push $1250, but there will be selling pressure above that.

This situation might be triggered by the news of bitcoin unlimited overcome SegWit which lead to unlimited block size (if I do not misunderstand about it) even though we can not be sure when it could implement. However, we still expect this problem be solved as soon as possible before more merchants left bitcoin transaction.

Bitcoin Unlimited will kill bitcoin because BU doesn't work.

Segwit + LN is the only way to scale.

BU = disaster for the network, Jihan Wu becomes the ruler of everything. Core devs are the best devs on the planet, BU devs are a bunch of idiots that will fuck up and will make us lose our money.

BU will never get anywhere because it lacks merchant and node acceptance anyway.

I don't think there will be any drop in the price and even if there is any drop then it will be very minimal for a very short span of time then again bitcoin will regain it's value and have you noticed whenever there is a drop in the price when it increases the price increase will be much more than the dip so it's better not to sell bitcoin in panic if the value slumps because it will surely rise again.

Yes, bitcoin price is going much higher we all know what are all the benefits we get, Even the SEC rejected it will reach to the $1300 reason is people trust on btc. it is safe and very secure at the same time. more profitably than any other way of investment. hoping for the best for the btc so that we can all get the best outcome for what we are investing in.

This simply show that Bitcoin community have great faith in Bitcoin.  They knew that Bitcoin is still undervalued and getting a piece of it in a cheaper price is already a win for them.  So when Bitcoin crashes lots of hands are catching it, which makes ETF rejection a small case.  With this positive activities, there is no doubt Bitcoin will revisit $1300  soon.

bitcoin prices are currently in the range of 1250USD. some exchange have a stable price movements. it is possible that in the next week once bitcoin prices will rise again. see the chart then everything can become a reality.

Well, there is the possibility in a few weeks bitcoin prices could reach $ 1,300. when bitcoin cross that line, I believe, bitcoin prices would definitely go up, and many investors began to recombine. I hope that the price will be reached this week.

Looks like we got over the ETF failure and moved on. Those who had buy orders set  up can now enjoy their free coins and watch them grow in value. I wish I weren't scared to keep money on exchanges and had some orders ready, because I sure don't lack support for Bitcoin and knew SEC is not going to mess it up for us. I hope we'll see $1500 this year!

Yeah that is the sad part. What they should have done was get more buy orders ready. If you look at the all time chart of Bitcoin, it is on a kind of perpetual rise. So keep in mind that we have not seem the moon yet.

Bitcoin has proven those problems cannot pull it dropped back so far and hold out above $1100. Moreover, bitcoin recover quickly and in a short time, faster than what people expected, who wants to buy cheaper bitcoin. However, I don't think bitcoin could grow more than this level until block size limit problem which this rift between community be solved.

Am I insane? NO.
You have proof that it is really because of the ETF? As far as I know this kind of wave from bitcoin is only natural. We are too much focused on that thing that is why we are all thinking it is because of that. Are we forgetting to where we are invested? It is bitcoin and price jumping is normal in it.

What will make the bitcoin have another chain if the BU will become a winner in the block signalling? If it will happen in the future and the doomsday of bitcoin is real. It really sucks and I don't like it. Roger twat must get the fuck off from the bitcoin community.

If the price were to crash it would have crashed after the ETF was rejected and there was a momentary price drop but there was a good resistance and people were buying large amount of coins with every dip and so is the reason the price recovered and i do not think there will be a crash anytime as people will find another solace to keep the price pushing.

at this point bitcoin price will only "crash" if bitcoin becomes useless, for example if internet goes out or if there were a weakness in the encryption bitcoin uses.
all the other things you see that people call "crash" are just corrections and sometimes such as the recent drop are dumps to create panic and get cheap coins.

in the end price is always rising...

I kinda agree with you but let us hope that you are right. having internet going out is really possible right now that the probability of world war 3 is there and having a weakness in the encryption bitcoin uses is really possible since all codes I think have weaknesses of their own, even the well coded ones. Let's just hope that those things wouldn't happen soon or later in the coming years so that we can make more profit out of bitcoin.

The encryption cannot be broken anytime soon so that theory is just a theory and not a practical one and if there is any weakness they can upgrade to a new version pretty soon and the only crash we might see is if there a major hack in any exchanges other than that it is fine .

Bitcoin is on the way for much higher price, 1300 $ can be the first stop on that way. From comments I see that many people have very high expectations about the price, and that is with a good reason. Price is holding good, looks like bad news don`t have such big impact on price movement, bitcoin recovers pretty fast after every bad drop in past 6 - 12 months. But it`s not time to celebrate, there is many things that needs to be done, and price can go to 2000 $ this year if miners agree on some important questions.

Bitcoin became very mature in past 1-2 years, and that because of more and more people are getting into it, that's why any negative news like that ETF thing didn't broke it's resistance and it's hovering above $1200 after massive 250$ dump , if same support continues for couple of days then it will surely cross the $1300 barrier.

Yeah bitcoin can reach $1300 but it is a long process since there are still many things against Bitcoin. ETF is not approved and it affects Bitcoin a lot and make the prices stop inceasing. Moreover, tomorrow, Chese exchange will be back and i can ensure that the prices will decrease sharply

You have a weird way of looking at the market. If the ETF disapproval would have affected Bitcoin a lot as you say, then why do we stay far above $1200 as a boss? And what are Chese exchanges? Chinese? So what? The market has moved past Chinese exchanges as they barely have any sort of importance after the sanctions put in place by the PBOC. The west is leading, not China.

We don't need ETF to boost bitcoin prices or credibility. Bitcoin was doing fine without ETF for almost 8 years so far.
After ETF denial Bitcoin's price tumbled over $100, and then recovered fast to $1,250 levels where it was sitting before.
That was the only reaction we had, there won't be any long distance problems ahead due to ETF disapproval.

Yes. This is so true. ETF or not, bitcoin will survived as proven. Maybe the ETF just put bitcoin in the focus of public attention and more and more investors are attractive to it and maybe pump bitcoin ecosystem a little right now so the price is looking great and we didn't expect it to crash as other FUD is saying. So definitely before or at the end of 2017 bitcoin will raise to $2000 level.

First thing you have to understand is that the price did not go down even when the ETF was rejected and that is indeed a surprise for some as most of the traders expected a slow correction but the prices just galloped after the rejection and you might not see a huge jump unless there is something out there that excites more investment in it.

I have to admit that I'm surprised that the Bitcoin price didn't drop lower immediately after the ETF was not approved. It is holding strong above $1200 right now and increasing a little. However, we shouldn't be surprised to still have some dips in price because that is just normal for Bitcoin.

The resistance of Bitcoin Price to go down is really amazing.  Many people expected and predicted that in an ETF rejection Bitcoin will go down definitely and FUD will make it worst.  But instead we have seen a stronger Bitcoin.  It took a dip but recovers sooner than lots of us expected.  After seeing this, there is no doubt Bitcoin can even surpass $1,300 just you wait and a lot more if scalability is fixed.

I don't understand why people keep on talking about ETF and already gave the rejection of it. Man, without ETF bitcoin will remain bitcoin and as the best crypto currency. And those people that did take the advantage of this scenario got profit already, they sold bitcoin at higher price and when people get panicked, they bought at lower price and now back to normal and on it's way to the top.

i think ETF is first start for cryptocurrency especially for bitcoin to see the react from government, but government think that they are not approve ETF, bitcoin price is getting down to deep but its not, bitcoin still gain more power in bitcoin community but still it needs more time before we see bitcoin is approve in real life. i only wish, if bitcoin price is going down, the price is not down to far but who knows.  ETF itself is beginning but bitcoin have large opportunity to become one of the greatest investment in future and we see the price is move up and down too often and the other coins is following bitcoin.

I think it can not affect a lot.. since we are already using it a lot and many site are actually accepting bitcoin as payment.. and many big company are also accepting like in steam..
And few countries that are accepting bitcoin locally brazil and paris or other countryies that accepted bitcoin locally..
If ETF was rejected well i think its not a problem we can be still use it..

Just like what I said, I really don't get it why these people keep on talking about it. What done is done, let's move on and the price is going to pump again no matter what happens, that's the normal cycle of bitcoin's price. After its price to decrease, we know that it is going to increase as those people had enough buying power already.

Buying power is good to make a circulation of bitcoin in a better way. This might lead to some extent for a price increase, these days the segwit and bitcoin unlimited debate into the mining process will make the increase higher breaking the barrier of $1300+ in a short.

I'm pretty sure that Bitcoin will keep climbing its way up to the top and will, ultimately, be worth a lot of money in the near future. No doubt.

Even though the government would really like to ban it, there would be a massive outcry and, which ever party was in charge at the time, would definitely be voted out next election.

The only thing I'd be worried about is if the Chinese government starting really cracking down on Bitcoin users, because that's our haul of users. And, because they're very far from a democracy, there's nothing we'd be able to do. In such a case, with our current price, I'd predict a price drop to $400 - that is if there was NO bitcoin activity in China. That would probably be impossible though, people would find a way to use it.

In terms of the climbing, it will go slowly because it must follow the markets. The new administration will slow down BTC growth because he will allow the actual USD to perform much better than it has in the past which, in turn, will cause Bitcoin's price to stabilize. Once it starts going down, BTC will rise. Along with that, new users and businesses are constantly finding Bitcoin and using it. Adding to all this, we have a big halving event coming up in 2020 so get ready.

The price will reach $1300 and higher, but it won't be so quick. Expect a LOT of fluctuation before hand.

And that's what we need to see and stay tune for now and let's be enough with this ETF rejection. It's useless that we keep on talking about it. Since the price of bitcoin now is at $1,246 on preev. Maybe a month or two the price is possible to reach $1,300 and keep on going just like what happened. The rising time of price did happened for a longer time and the downside of it happened just for a while.

Completely agree, I'm very optimistic that the price of bitcoin before april would reach $1,300. At first I was worried when the price drop from $1,300 to $1,100 when china new year will repeat or 2 months ago, but it seems it was not evident and visible price will be stable and will not drop under $1,100.

Bitcoin definitely come at $1300, but when the time is not sure. You know recently bitcoin continuously rise than i was 100% sure bitcoin could cross $1300. But suddenly bitcoin come back and still stop under $1250. So i am not sure bitcoin when come, but i believe it will come soon.   

it was kinda obvious that $1300 can not be reached back then or at least if it were reached it would have been a very unstable price because market was not ready for that kind of rise at that time and also because there has been a rise already and we were waiting for the ETF result to see what is the next move.

We cannot say that its because eventhough theres no ETF  acceptance for it but still we can see the mass adoption and business support it so i can say 1300$ is achievable since we are actually came near for that price but now lets chill and wait for further more flactuating events on bitcoins. Maybe 1300$ will not be achieve easily but as long as bitcoin is circulating in its natural ecosystem there will be good news to us and im confident for that to be happen.

I told you  :)