Bitcoin Forum

It seems that the market of the most popular, old and valuable cryptocurrency has decided to overload the news outlets with messages about its growth. It’s like that $6500 value was a minute ago, wasn’t it?.. Actually, it wasn’t, but still, the currency grows fast.

Did the news about CME Group really affect the market sentiment so much? If so, and if we consider the ICO ban in China to be the primary reason of Bitcoin downfall at the beginning of this autumn, we now see a situation directly opposite to that Chinese disaster: a newsflash about a positive event affects the value of Bitcoin so much that it gains, roughly counting, plus ten percent in a few days! Coinmarketcap provides more precise stats: BTC has gained 26.4% in just a week. On the fiat market, such a rapid growth in such a...Read more (https://bitnewstoday.com/news/bitcoin/bitcoin-is-7500/)

I don't know if it really touches $7500 because I'm seeing it at $7300+. It if really did then its a new ATH but we have to wait till it becomes official. There's no question in my mind that bitcoin can go as high as $10000 in the future and as long as there as news that really droves the prices to peak at any given point in time, it will continue to really go up. The China news is really over, we have moved past but we should thank them for crashing the price because what happened next is beyond our belief. Of course this massive bull run will end, but we should just enjoy the ride.

Bitstamp peaked at exactly $7500 today, but it doesn't make much of a difference if we take the previous all time high into consideration -- the market is continuously reaching a new high every few days currently. For now it indeed seems that China is largely pushed under a heavy load of dust, but we can't discard them yet. Especially not when they're about to allow their exchanges to operate again in a certain form. I just hope that people will accept the fact that China isn't longer what it used to be -- Japan and South Korea are doing far better, and that with an open mind towards everything crypto related.

There is much talk about what the bitcoin price is flying to the heavens. Who is going to sell your coins? All will keep them on. Personally, I won't sell the coins until the bitcoin will be worth $ 50,000. Suggest other people who hold coins are not interested in the price of bitcoin. This will save you from emotional mistakes.

I totally agree, with this point Bitcoin has shown a rapid movement in the last couple of days. Everyone is shocked by its power and potential of growing in a small period of time and everyone is now seeing it as best investment to be made for the future. Bitcoin makes new headlines when it touches new heights and hence new users join the market making it more valuable and increasing its value everyday.

The growth of bitcoin at this rate is certainly good, but at the same time the altcoyins do not grow at all and it starts to irritate. The world of crypto currency must be diverse, altcoins should help people in various spheres of our life, making it safe, comfortable and much easier. If everyone will only notice bitcoin and invest only in it, there will not be much good. It threatens to turn into a soap bubble.

We are long past the whole China ban thing and I think that since we recovered so quickly from the China FUD lots of big investors were trigger to stock up on bitcoin. China is a big country with a lot of influence and if it has such a temporary influence on bitcoin, bitcoin can't be stopped by anything.

And there were people who thought Bitcoin is over after the China ban. Looks like the exact opposite is happening  :)

We're headed in the right direction. Just know that 2x can make or break BTC...

It is really the opposite, China banned external trading of the coin from their country but did not banned mining and internal trading. Because of this ban the circulating supply for other countries was lessen and since the demand keeps on rising price went after it. And by this once Chinese government removed the ban expect a deep in prices.

Will further increase. Perhaps, due to the fork, the value will decrease slightly, but then it will go up again.

I THINK there will be a decline after the fork

They know it and I can't wait after that because my altcoins will be revived again after a long slaughter and it's the time to shift the attention back to them.

There is no doubt in my mind that PeteChoen can go up to $ 9,000 in the future and as long as there is news that really increases prices to peak at any given point in time and will continue to really go.

price back to 7,200$ but i think after 15/11 may be break 8,000$ for  first time