Bitcoin Forum

Bitcoin jumps above $9,000 to fresh records Investing.com - The price of the digital currency Bitcoin rose above the $9,000 level for the first time in its nine-year history on Sunday, amid growing fears over an asset bubble. On the U.S.-based Bitfinex exchange, Bitcoin was at $8,955.00 by 03:51 AM ET (08:51 AM GMT) after rising as high as $9,058.30 earlier.

At current prices bitcoin has a total market capitalization of around $150 billion. Recent volatility has arisen from an uptick in investors switching to alternative cryptocurrencies, most notably bitcoin offshoot bitcoin cash, sending it surging to recent record highs.

Bitcoin’s rapid rise has fueled fears over as asset bubble. JPMorgan Chase CEO Jamie Dimon recently called bitcoin a "fraud" and UBS branded bitcoin a "speculative bubble" in a recent note to investors.

Elsewhere in cryptocurrency trading, Bitcoin Cash was last at $1,584.50, up around 2.32% while Bitcoin Gold was down around 2.38% to $349.67. Ethereum, the second most valuable cryptocurrency by market cap after bitcoin, edged down to $463.17, not far from the record high of $487.96 set in the previous day.

https://uk.investing.com/news/cryptocurrency-news/bitcoin-jumps-above-9000-to-fresh-records-757744

Now the way is free to $10.000. I wonder if this will happen in the old year or we would have to wait till 2018.  ??? ;)

It's back to 8949

That's absolutely right and if it will continue rising and hopefully it will, it is really possible for its value to reach 10000 USD before this year and and that is something to look forward with in the future. The best thing to do right now is to invest and hold no matter what happen because the moment it become more expensive in the future, profit will surely be earned.

I bought at 6k and happy about it.  I want to see bitcoin at 12k to know how it feels to have a double profit in btc investment.

I don’t have a crystal ball but for end 2017, I can only say “up”. Crytocurrencies are gaining more clout and recognition as time goes by.

Yes, it's speeding up to 1000 dollars. JP Morgan is always telling people that bitcoin bubbles are bursting. But they're buying bitcoin, and that's a joke. Ignore the CEO. They only go to talk shows.

Definitely will end year 2017 in a price higher than $10,000. Only the last 7 days has gained more than 15%

This is very good for me because I have bitcoin and I got a good profit. But I think now he will quickly reach 10,000 and then go down and will be at around 7000 for quite a long time. But I hope I'm wrong.

I read a rumor in reddit but I don't want to bring that up to noobs because it might cause panic. Anyway, $10000 seems to be attainable before the year ends. I honestly want to get out of BTC very soon and go back to altcoin trading for the mean time.

People might have got difference of opinion, even if you reveal the rumor  very few might get into panic while the rest just ignore. Because, it has attained a market as well the trust of people around the globe in a large scale than that of the altcoins as a whole. I think that the rumor might be of the price increase, which is a bubble and can explode anytime soon as fork continues to take place.

Bitcoin is simply on a roll now. I could do without the parabolic spikes but this steady uptrend is awesome.

The first time Bitcoin reached $ 6,000 and many thought it was a bubble, it never played it and now it's $ 9,000.

Why do you want to get out of btc? Just get rid of it at all? No more holdings?
Do you think that trading altcoin would give you more profit (I suppose fiat profit)?

Please explain this further. Your point is totally different from all the others.