Bitcoin Forum

From 1,200$ to 6,000$

1) 2017 is a Magic year for bitcoin
2) bitcoin Deserve this price

Magic Because price can up more than 500$ in one day

There is no magic. The more people get an income from using bitcoin the more supporters of the cryptocurrency. This means that the capitalization of the currency will continue to increase and accordingly will increase the demand and price. In society there has long been a search for a new approach to distribution of wealth.

This is not magic it took plenty of years, months, weeks for bitcoin to reach this value and I think bitcoin and we deserve it because of the full support of the community on bitcoin we sure deserve this kind of a price and I think in the future that price will exceed even more so nothing to be surprise and call this increase of value a magic, because bitcoin sure deserve a full support it can get from the community that is the reason it surge this kind of amount.

The rise we have soon from 1200$ to 6000$ is just normal considering that adoption this year is the most when compared to the past years. The growth of bitcoin that we have seen is genuine and is not manipulated so probably history would not repeat itself. Therefore I conclude that bitcoin deserves reaching the current price it has now and it will rise more so long as adoption rate increases every year. I also conclude that the rise from 1200$ to 6000$ ain't magic or miracle.

obviously everyone knows that bitcoin deserves the price, and it should even be a lot more than this already. $6000 is piss cheap for bitcoin, a decentralized currency that nobody can control and on top of it has a very small supply! i mean 21 million can be deceiving at first but when you compare it to other things and also when you compare it with number of people in the world capable of using it, you know it is cheap to pay $10,000 for bitcoin.

this doesn't change the fact that this rise was fast though. i think mostly this was because of all the media attention to bitcoin. even the negative ones calling bitcoin "fraud" are actually advertising bitcoin and putting it on the map so to speak.

This is not magic Because take more than 6 years to get trust and now it make this trust real money

Bitcoin is magic for 2017 according to the market because in a less time it is reached to 6000$ USD which is quite great therefore people are attracting toward bitcoin they know that bitcoin can change there life. Bitcoin deserve the price because bitcoin allowing people freedom to enjoy freedom. Bitcoin users are enjoying freedom without any government tensions if you are earning by government job then you are facing many difficulties while in bitcoin when you are earning you are facing nothing even you can solve other problem by bitcoin. Therefore bitcoin deserve this price even it will reach more than that let's wait for that moment too.

Magic or Deserve ?
How about both of them ?
Bitcoin is an unique ideas and it deserve more than this.
to be honest,if everybody know its value it's way more valuable than right now.
indeed for now it's a bit hard for them to use it due to a complex thing that they need to know about it.
not only 2017,every year it's Bitcoin time because no matter what we will hit another ATH every year.
just imagine if everybody using it,
or at least a half people in this world using it,what will it be ?
Bitcoin total supply around 21.000.000,and how much it will be if a million people using it at the same time ?
of course the price is much more than right now,and yes Bitcoin deserve it.

It's not magic. It is a reality. I do not believe in magic. The fact that you can't explain some phenomenon is not evidence that magic exists. This indicates that you still need to learn. In the case of bitcoin all is clear. People don't like how the government distributes Fiat. they want a more equitable distribution. Bitcoin provides this opportunity. I'm not sure that bitcoin grows in value. I think that falls in the price of the dollar.

It deserves because people are adopting it, and it's in an increased demand!
BTC is a new concept that  it's being well adopted by the common people who know about it, because it gives more freedom to them!
It's a dream also, because you don't see a currency getting valued so much in just one year!

Deserving Magic.  What can be done with bitcoin is magical.

I think its deserving price for bitcoin, as bitcoin was undervalued for long time and kept under $1k for many years after 2013 but with huge interest in bitcoin from all over the world and even from few millionaires price has boomed dramatically this year.

I will not be suprised to even see a price of over $100k per bitcoin in future because it deserve that price.