Bitcoin Forum

How long for?

Read more: https://cryptodaily.co.uk/2017/11/bitcoin-hits-high-8000/

Basically there are no one who know about what will happen in the future include the bitcoin's price in the future, we just can make analysis fundamental of the bitcoin, in my personal analysis based on the good news and analysis fundamental of bitcoin from another users, bitcoin's price will be hit around $10.000/BTC because many bugs fixing on the bitcoin's network, many new digital coins exchangers be built, they will makes transaction of bitcoin more be easy and other great news of the bitcoin. So it is up trend for long.

No one knows, since it's pretty much impossible to predict the course of bitcoin. However, as others have said, the overall trend is upwards.

No one is quiet sure about that, except for those who manipulate it. Its economy varies any moment and the prices of bitcoin jumps. Since it reach 7K these days, yes it coulb be so close to happen next year. But to be exact on it is a hard answer to predict.

it's great that bitcoin always shows price increases for the latter, and this adds to the bitcoin's belief that bitcoin is a good investment spot for the future, and I'm proud to know bitcoin and understand bitcoin.

Not long enough, I mean you can look the price is having a little decrease today.

I think if bitcoin will be having a good pump, it will not be this year but the next one.

It's already fallen below, as it's at 7599 already. We're seeing some drops, and these drops are really coming fast. Surprising to see in the least, hoping for a big change to happen soon as I did buy. Though with my luck the thing that's going to happen is that Bitcoin is going to come crashing down, as it always does when I start to invest in it.

Hehe, all jokes but yeah, it's already fallen.ß

Maybe the day only because it already has retraced back to ~7500. I think it will retest the 8k zone again but hopefully not for another month or two let the dust settle and alts regain some confidence first.

it is new highest new record for bitcoin price. it js because the demand of bitcoin is very high and always pump up al time.
i am sude that the price will increase again then can touchj 10000 USD

What analysis did you do to come up with that $10,000 figure exactly? Some people are saying it will go above $20,000 so I am curious why you think that the peak will be $10,000 and what calculations you did to reach that conclusion. In my opinion, I think a crash is coming soon anyways because a market can only rise exponentially for so long before it runs out of buying power and ultimately crashes.

So sad for me i already sell my bitcoin last 3k mark but i will get some bitcoin store it  to my wallet and wait for another 4 years. hope it will last long enough to my target profitable time. 

Right now many new exchangers and they will be listing the bitcoin on their platform of trading, it mean the demand of bitcoin will rise up too, so do with the bitcoin's price, the other reason bitcoin will be more expensive is the activation SegWit2x on bitcoin's network, it is trying to makes the bitcoin's network be more better than before, i don't understand why you think bitcoin's price will be down and right now bitcoin's price hits a high of $8000.  ::)

Bitcoin will hit  9000 target if it hold   7500    based on Fibonacci retracement  or   touch 6500 .   

It didn't reach the 8k mark I think because the highest price that I saw is yesterday which is ~7977$ I think but it didn't last for long and decrease immediately. Right now its at ~7600$ mark and BCH is starting to rise again and its at ~1300$ already. Will it happen again? The big pump? :D

I think you're just imaging about the 8k goal because i haven't seen any chart that give a mark at 8k$ of Bitcoin at all. Only 7k8$.

True..
At this time..What is Bitcoin offering to the investor to be worth 10k? its not a Google or a Youtube at this time. What is it doing except storing funds for a speculative hope? There are 1000 cryptos out there with better fees and technology on the blockchain. What people are buying into now is the "Brand" and the hope of not missing the boat. All bitcoin is now is a store of money speculating to rise up.But what value is it giving to the investor now as to its market usability? Google is a multi billion dollar company employing thousands and making billions..Bitcoin has what 300k transactions per day? And 10 times the value of Google's share price .Investors are gonna be hurt buying in now. It's all an emotional buy now. And like they say, when trading don't use emotions just facts.

https://www.express.co.uk/finance/city/880828/bitcoin-price-USD-bitcoin-cash-latest-news

Seriously..Do you actually believe Bitcoin will take over the banks? The only tangible asset is Gold,Silver and things humans need to survive. As one post I have read..All its takes is one verifiable terrorist funded attack through Bitcoin for the feds to squash this in an instant. I hope not but we have to have our thinking caps on as we are dealing with penny stocks now..Not regulated so anything goes..But when the shit hits the fan watch out.

No one knows on how long bitcoin will hit $8,000. We may not know if it will happen after we wake up tomorrow or before we go to sleep today.


It will hit $9,000 on December because of CME.

As much as we want the bull run to continue, it will just be a matter of time before we hit a wall. Its a normal process, and sometimes we need this kind of healthy price correction. The CME rumor has really brought confidence in bitcoin once more after some attacks from Bitcoin Cash.  And I think we briefly touches $8000 before falling back. Its good though that we test this new horizon, and we already see that its not sustainable yet because the price has drop a little ever since. And I have no doubt that we can hit it again, maybe around December and its gonna end with a good price this 2017.

It keeps hitting a ceiling and jumping up and down from 7700, 7600, 7800. I sold at 7600 and thought it would drop down to 7505 for a rebuy. It hasn’t fallen there so I am waiting for a 7805 sell and then a drop to 77. I should have watched the market more closely. Dammit.

I see that bitcoin prices will continue to rise higher than the current prices. I am optimistic there will be a very good development for digital currencies and bitcoin to be part of a thing that will have a very high positive increase trend. Bitcoin prices will surpass $ 8000 and will continue to rise until the future bitcoin prices can stabilize in a range of convenient prices for use by all parties in the world. Bitcoin will be used by all sectors of the world and I think it will be part of what will not be forgotten by the history of the economy.

Bitcoin movement will not stop this way,i believe there will be another movement until the end of this year.
just like before a month before a new year we're moving like crazy,
afterward the price slowly retracing back and altcoin make their move.
other than that right now we're still waiting for CME group's to list it in their futures.
that is why i said i believe it's not its peak yet at least until we hear a news from them.
also we're still in mood to boost the price due to cancelation of segwit2x,
i believe the majority people felt relief about that and at the same time their confident increased.