Bitcoin Forum

UP TODAY ALONE 52.84% or $6,609.90 (at time of writing).

Is it only me, or is a nearly 55% daily increase seem to be a bit dangerous?

It is not you only, I am seeing the same. Yes the price increase is shocking but good for us.

Its only a paper gain unless you sell. So, not good.

Of course, after such a strong growth there will be a long and no less severe drop in the price of the currency. This is the law of the market and for such events everyone should be prepared morally.

It is really surprising how Bitcoin price increased this fast, I never imagine this, though I know it will be increasing but not this kind of phase. It was just around $11k the other day now it is more than $18k. What worries me is the correction after but oh well I think we have to take advantage of this stuff now.  Buy on Dip sell on increase.

This one hour bar spiked to a high of 19,697  and a low of 16,505
Maybe this coinbase feed on marketview is wrong
And this happen make coinbase :

I can't believe it. It is unbelievable moment for bitcoin. I think it is dangerous for Bitcoin. Increasing price in huge amount is not good condition for bitcoin.

i think it was another whale manipulation of the market. i am expecting a dump now. possibly for a short time and maybe a small percentage but a dump nonetheless.

it is a good scheme to make some quick profit anyways, you manipulate the market and then when it goes higher you start selling to cause some panic. and we know market is very ready for a mass panic now. and something like that can initiate it pretty easily.

Say what now?! from 16.6K to 19K? That is one huge leap. I have not seen that though, i think it is just for a split second, could be a glitch on coinbase or something, but if that is the case if that huge leap actually happens it will surely be followed up with a huge dip. It is just to correct the price. A lot of people are selling now at 16K hence price dropped back somewhere between 14K to 15K.

A dump won't be a surprise those who are following Bitcoin this year, I think before 2018 it will rise above to 20000 Usd and turn back from there to 17.000 usd.  But my 2018 forecast is 100.000 Usd (not just hit and decrease, steadily stay in that line)
So keep hodl! :)

BTC shooting for 19k on coinbase, all those new users they are signing up are buying like crazy.
People now feeling FOMO with it. and on the day of future trading it maybe more crazy tan like this

Bitcoin price (https://coincodex.com/crypto/bitcoin/) is dropping. Going for correction IMO. It will prolly settle for $15,000 - $16,000. $40,000 in 2018 doesn't seem far away anymore :)


https://i.gyazo.com/757ad7ebf43fefe9a1ea8606327d609f.png (https://coincodex.com/crypto/bitcoin/)

THIS +1

Coinbase is currently down for maintenance.I can't log in at this moment.BTC reached big it's such a amazing thing.
BTC big holder now rich man.At the end of year it will be touched 20,000$ i believe it possible.

I am not saying that Bitcoin price won't rise more but seeing this much increase in price in short time worries me a little because definitely dump is incoming sooner or later and then stupid media will damage the image of bitcoin calling it 'ponzi' again.The problem is Bitcoin price can still be manipulated by big hodlers.We still need strong adoption from people to reach stable price for long time.This adoption will take years but will eventually happen. :)

This morning made me lol.  I put in sell orders in at 17k, 18k, and right above 19k (19,027) on coinbase.  It was pretty hard to get orders in since their site was crashing.  Knew it wouldn't sustain itself for more than a couple minutes.  Or, I could be the stupid one by missing a major piece of news that hasn't hit?

BTC purchases/sales are currently suspended on Coinbase at the moment... we'll see if they actually honor the orders and transfer the $$ to my bank account...

I am trying to access coinbase as well but can't, the same thing appears. BTC reached to a new ATH it's really funny and crazy moment for all the people involved with BTC but at the same time this increase is now fearing me of what is going to happen next.
The BTC price was expected to go high but not with such a speed that is has gone and I am sure it's is going. I am very much worried about it because it is going to damage the stock market and this may result in a worldwide ban on BTC.

I think the market conditions like this have often happened, raising the price to generate selling interest then when the price has gone down the big players bought up in the bottom price.
But many small traders are good at reading this condition because this condition has happened so often, so the price will keep going up. I think this is to shake up the price of altcoin, because every bitcoin price rises, altcoin prices definitely fall down.

Coinbase not accessible , servers down during a rally ? What a surprise!!! /sarcasm off.

They have the habit of pulling the plug exactly when a correction is about to happen. And miraculously they manage to amplify it and screw everybody that was trading at the moment. At least they are not bankrupting shorter like bitfinex did the last time.

But honestly, if you're trading right now you're already past god level, nerves and balls of adamantium so a 2000$ swing should not even mother you.I'm wondering if we're going to see a major correction before 20k or we will just go through the wall maybe even tonight.
Funny times to be a holder with all the coins safe in your wallet and no intention to sell.
I imagine the stress of the guys rushing their coins to exchange and not getting a place in the blocks.

It is really amazing.Bitcoin will really increase this way, it is really unimaginable.I think Bitcoin will be $20k$ this year.I already got double profits.Bitcoin changed my life. Bitcoin is the best of all.

We all know the trend of things when it comes to aggressive appreciation of bitcoin price. People that are purchasing now should have in mind that bitcoin price will drop in no distance time.

Bitcoin jumped to 16.5 thousand dollars, it's magical, but, there will be a correction to 10-12 thousand + unknown, which will follow after December 10.

did anyone else notice the huge $2,000+ drop for a minute?
It picked right back up after a few seconds, but can only imagine it was some early investor dumping their coins??

Check: https://blockchain.info/en/unconfirmed-transactions

207316 Unconfirmed Transactions!

Highest ever.

Holy crap... just look at those transactions go

Even I saw it hit almost $20,000 today and right after dropped $2000 right away. This is really scary. This madness is happening too fast.

The funny thing is that all the new people in BTC are not used to the vast volatility that BTC has. The next correction will be so huge that many of them will lose everything if they don't hold and wait. And in order to do that someone has to have the patience of the experienced crypto trader. Good luck to all and try to hold strong.

My heart was racing once I saw it top 19,000.. really thought it was not going to slow down for a second

YEA. 210200 now and climbing!

thats not good news for me, cause i have no any btc now.. :'(
i think it is better to sell btc now..cmiiw

I got spooked and sold, but it looks like it's holding up!

I'm gonna be cautious the next few days, and hope for a correction so I can reinvest.
Looks like it's gonna be a good Christmas!

What price did you sell at?
I'm waiting for a nice dip as well  ;)

It has gone absolutely crazy this week, maybe it getting added to futures market on Sunday has a part in it but not sure if it can go much higher without a dip.

Its a frenzy out there right now. There will be a correction but the question is how big of a correction.

will see a bunch of drops with all the forks imo reason so many ppl r pumping it like crazy.

Yes, I agree with you. It's too risky to invest in bitcoin now.
It might be good for those who have it in stock but not for new investors.
Maybe it's a good time to sell because i don't think the price will be like this for long.
 

I was hoping it gets back to 18-19,000. If so, I will indeed sell some of my BTC. Unfortunately, it looks like its hovering right at/below 16,000.

Some crazy shit is about to happen....

The demand for Bitcoin is skyrocketing because investors all over the world are reading about it everyday now and Wall Street is coming into the arena.

I know it sounds crazy, but after seeing the price movement surges in recent weeks, we may see $50,000 or even 6 figures next year.

This is exciting, fun and becoming very very very profitable.  Go Bitcoin $$$ Go!!!   

It is just a little push back and in the next 48 hours Bitcoin price is likely to cross $20,000. So, one can easily sell and that point but why you want to sell you can hold for some time and you may get better returns at the end of the year but also the market is highly unpredictable at the current time creating a scenario of panic among small holders which are confused to sell now or wait but waiting too long may also lead to a greater loss.

I didn't see that one coming, but as long as there is a correction after the increase, I am fine. I can only hope that the graph does not go vertical, as this would mean the end of the bull run and possible pop of the bubble.

Things are getting out of hand now. It's crazy what Bitcoin can do. I see a great opportunity in alt coins right now, after BTC will fall, they will go up. :)

This is an unbelievable number of bitcoins, amazing. My prediction that bitcoin will reach $ 20000 this year is likely to happen sooner. This represents a strong investor interest in bitcoin.

btc is unpredictable) I think before 18 th will more higher price

On the one hand, it is excellent that it grows, but on the other hand, it is clear that it is inflated, and given that people are still in the crypto currency, a very big minus is formed.

what has happened, I think the current Bitcoin price is very expensive and very fast rise, this is very scary for traders and new investors ...

I was watching as it was happening. Times like that I wish I held my coins on the exchange so I could sell them high and buy when they are low. I don't have a ton of bitcoin but I have enough where I could have earned a nice little chunk of change and re-invest to get a little more bitcoin. I know it isnt good to keep your bitcoin on the exchange but darn it this time it would have been nice to have them there. By the time it would have taken me to transfer from my Ledger to GDAX and have it confirmed it would have already dumped back down.

Actually thinking of throwing them onto the exchange now in case it happens again. (I doubt it will though and if it did spike back up to 19k knowing my luck I would sell it to make some profit and it wouldnt go back down it would keep going up) I'll most likely keep it in my ledger.

It was definitely was crazy to watch though. One second I checked it was at 7800 I checked again 2 minutes later it was at 8400 checked again a minute later it was up to 9200. bitcoin amazes me still.

Bitcoin is traded like an alter coin today. I can't remember the last time it had such a massive swing. Some analyst like Ronnie Moas is still calling space to grow. Never than ever, I am eager to see a correction of Bitcoin as certainly don't the whole thing to explode massively. The people buying now are not in the understanding of the technology or the vision, they are in it to be rich very soon. When the time comes, price might correct very fast but it may not be a bad thing for the long term.

Btw: a popular fintech company Revolut has added crytocurrency to all its million debit card customer, expect a spike from these buyers too.

https://blog.revolut.com/revolut-launches-easiest-fastest-way-to-buy-cryptocurrencies/

I still cannot believe that bitcoin already surpassed all my expectations. It's just unstoppable, we cannot do anything more than to increase our holdings to benefit from its growth.

Bitcoin will really increase this way, it is really unimaginable, is amazing. I think bitcoin will be $20k-$30k this years, maybe it's a good time to sell because I don't think the price be like this for long

I think its has something to do with Coinbase having huge volume obviously, but I'm seeing the price at marketcap just above $16K now. The demand coming for Asia and the United States are really pushing the price to new heights. Its really unstoppable as you guys put it. We haven't yet seen the first bitcoin future contracts but the price is going up very quickly. So we may expect the price to go up leading to Dec 10 when CBOE will have its first trading. Its gonna be historic.

I am pretty sure that was a malfunction because it went up around 50% which didnt really happen. Which is likely way they went offline, and had to do "maintenance". This happened with ethereum in the summer as well, so no one really made $19k for a bitcoin. However I do think that it can hit $19k in the future. Gotta love the crypto currency maintenance outages when people want to profit take :p

What's with the danger?are you thinking and starting to believe those bubble folks that are talking about bitcoin is like this one and it's about to pop? or you are worried about the great crash / correction that's about to come? Don't be too focus with the danger of bitcoin, be positive if the price of bitcoin is increasing this high and if it's corrected then just take time to buy.

A bubble may burst soon after this insane jumps that triggers a red flag tbe price may sooner go down or enters a price correction with only a minimum decrease on bitcoin's price this should slow things down and not we may not be able to reach 20k usd this year. Although im really bad at speculation but who knows it might reach 40k next year just be optimistic good things will happen.

I just think it was too high of a jump. It's not healthy for any stock or asset to jump in value as quick as it did today.

The rally is really really crazy,i never expected to see these sort of valuation in the price of bitcoin ,but this is too much to take in such a short amount of time and that is what worries me in the first place ,these instant growth might burn down later,i wanted to see a gradual and healthy growth,but this is a crazy ride.

We re seeing over $1k increase per day. It's very cool if you're holding. But I don't want to get carried away. We will surely go down sooner or later. And when that happens, I just want to be prepared.

For old long time holders this is more like a "dream" than reality.  I have been hopeful over the years but this is beyond even my wildest expectations.  Sure, it'll correct but the trend seems only UP.  They are running BTC announcements all over the national media where I live.  The public here is buzzing over BTC.  Its amazing.

I've been watching the prices on different sites frequently for the last couple of days, and I haven't seen it up as high as 19,000, but it's getting really close to 17,000. Along with many others on this thread, I think it could hit 20,000 before the end of this year.

So amazing! I think it is not dangerous but instead it will serve as a great benefit because of the great profit. Let us hope that btc price will not go down and will continue to increase.

It's good news for all Bitcoin holder. LOL. But Coinbase was down right after that maybe the main reason is not down for maintainance, they know it's the hight peak of Bitcoin price at that time so they closed the exchange to avoid people selling their Bitcoin in Coinbase wallet :)). It's a intelligent way but I think they've used it so many times and it'll lead to a lot of people will not use Coinbase anymore.

If i have the bitcoin now then i will sell it for high prrofit.
Very high increase and i am bit worry. But congratulation to bitcoin for great move.

What on earth? :o :o I'm totally shocked. I am speechless. My mind is going round and round. Nobody would have expected this in just couple of hours.

This will be breaking news everywhere. :o :o

You really think Coinbase does that on purpose?

We re seeing over $1k increase per day. It's very cool if you're holding. But I don't want to get carried away. We will surely go down sooner or later. And when that happens, I just want to be prepared.

yesterday, korean market is the highest price of bitcoin but now if it is true that coinbase reach $19k then coinbase leading the market. actually, I am shocked to know this, in just one night, the price increase higher. I see the market will be boring to see this increases and I am expecting that we have to see the crash later. and now, people getting a rush to buy bitcoin and they don't want to be late to get in the party. congratulations people, we can now sell our bitcoin in the highest price ever.

I am really scared on what's happening right now, I wish I could get a hint when the price will be dipping after so that I could trade my coins right away. I though before that $15,000 is impossible for this year but I was proven incorrect.

I am very surprised at the current rise in bitcoin prices. whether the bitcoin will reach $ 20,000 or will reverse direction. I'm worried about that. bitcoin rises more than 25% in a day. whether this indicates bitcoin will continue to rise .. hopefully this is the bitter depn depn

I'm so sad, I watch BTC rise, but I do not have BTC ...........

It boggles my mind that there are members and senior members making comments like, "Oh this is great, let's hope it continues to rise!"
The only thing I can think of is that they are bought accounts or a shared account.

If you know anything at all about trading, crypto, and economics, you would be worried at this huge price increase.
It is absolutely not sustainable.

The thing that worries me a lot this time around is not the inevitable crash and price correction, but the reputation of btc after it crashes.
Right now, noobs are driving the price up.  BTC has gone viral and every idiot with a credit card is trying to get in on it with hopes of becoming a millionare in a year.
I've got the most random people posting on their social media feeds about how BTC is so amazing and they will get rich off it and everyone else should too.

They are each putting in, what? a paltry couple thousand at the most?

When the price crashes and they try to panic sell and realize they can't even liquidate their btc then I am afraid the reputation of btc will get damaged and delay its mainstream adoption further.

I could not agree more. I don't understand why all these senior, hero or even legendary members are saying its great.
In the exact moment, YES, it is indeed good if you plan to sell... BUT, if you have that die hard HOLD mentality with the perfect image in mind that it'll continue rise perfectly, your an idiot.  They either say hold to prevent people from selling, or are so idiotic that they really think it wont crash.
This much of a rise just is not healthy whatsoever...
Has anyone even heard of the Tulip crisis?  :D

It was just around $5k weeks ago and just about $11k 5 days ago and now all I can say about BTC is HOLY COW!!!! Seems exaggerated but I really can't help it, BTC is surprising us every minute. I guess it is an opportunity to buy more altcoins since they seem to be in the dip now.

This is inevitable. But what's on my mind right now?
Is this going to be a big deal if bitcoin price increases too quickly? What I fear is that the price will be free and uncontrollable like the hike. So I do not dare buy bitcoin at this time.

I told you guys $20k would come by year's end boom!! It's good to be right ^^ Who knows how high it will go it's insane. Of course you get the idiots who love to talk about the "bubble" or say Bitcoin is like the .com bubble. Load of rubbish. Bitcoin is bit a bubble that just pops and becomes worth nothing because people will use it if it was a bubble everyone would have to stop using it at the same tine. That's the only way the bubble pops. Anyway bitcoin has proven itself time and time again.

I am also concerned about the rapid rise of Bitcoin. Although this is a good thing for those who own bitcoin, it is definitely not a good thing to populate bitcoin if Bitcoin continues to soar.
And there's the risk of crashing

Be careful that the bit coin price suddenly goes up. I think it would be better to prepare for falling.

Prices are steadily rising. On the other hand, it may be possible to adjust the price or it may be already adjusting the price.

Bitcoin value exceeded $ 19,000. This is not a surprise. Currently, Bitcoin value of 15,500 dollars. Value in a fall. In this case, the harbinger of a new uptrend. I think new records will come.

It's time to buy more, i believe btc cam still be able to sets new high, it's just that some were too scared and felt that it's more than enough already that's why they sold it already since they eaen enough on that pump.

It seems to me that this unreal growth is caused by artificial means and due to the large number of forks of bitcoins.

What? When? Should we start to get worried. I have really enjoyed watching the price but I think its now going way too fast.

Everyone has their own game mind and speculations, the sudden increase in price is beyond everyone's imagination. Bitcoin market is just pumping continuously and one cannot tell when it may crash or dump to 10k USD. So, it is totally fair if someone withdraws before the peak point as Bitcoin is highly volatile and it will definitely not give its holders another chance to sell out when it starts crashing.

Bitcoin probably will soon go to correction. Therefore, you should be careful in short-term investments. ;)

The price of bitcoin rising is also congesting the network which means slower transaction and higher fees, defeating the real purpose of bitcoin. This is somewhat very alarming because of the usual market crash / bubble burst predictions from the doomsayers but they are not always correct, and/or are spreading FUD so that they can buy low, sell high. No one can really foresee the future of bitcoin's price, technical analysis won't work in this very volatile market. What we can do is to set our goal, manage our risks, invest only what you can afford to lose, overcome fear and greed.

This will hurt those that are trying to short Bitcoin because the price will swing rapidly for some time.

Yes, the price is soaring high now and I wonder when to expect the decrease in value.  There will be some correction on the price.  Let's enjoy it;s peak price while we can.  Hopefully, it will not be a bubble about to pop like some said.

A lot of good news to fly bitcoin. $ 19000 is not the goal of bitcoin. I will set the tag $ 40,000 for bitcoin in January.

A $19000 is not a goal of bitcoin and it will set a  tag of $40000 for a bitcoin in January ,it price soaring high now and I wonder when to expect the decrease in value and let's enjoy it's peak price while we can ,this are somewhat very alamaring because of the usual market crash/bubble  and bitcoin probably will go soon for correction therefore you should be careful in short time investment.

It is a good things to hear as bitcoin will surely be going to another great history. Bitcoin won't stop getting wild as more people are coming in.
I know bitcoin now is very hot and very catchy to the eyes of the people, especially to those who want to be instant rich. But reminding them that, this is not the instant way nor the easiest way to have money. In fact, bitcoin needs people who really wanted to promote crypto and shared ideas in which it could be helpful to the community and it could build-up a strong relationship with the group.

Yes but some correction can occur at this price and may be major drop can be possible.
Just waiting for drop to buy at bottom.

Its just proving right now that nothing is impossible and even a person who believed in bitcoin and had half a bitcoin can call himself rich now. I just hope this answers to all those who thought bitcoin was a bubble.

Bitcoin is getting really popular now, there is a lot of television shows talking about Bitcoin lol.

I never saw that price in any of the websites that I was continually checking. In coindesk the maximum that came to be worth was around $17,150 and coinmarketcap the maximum mark was $18,328.

I am not sure that Conibase is the maximum reference for those of us who need to observe the behavior of the bitcoin price, but seeing this extreme price differential, I do not think it is a reliable source.

You know... all I can say! I really happy that people can make money! Of course it's cool! But something don't make me sure to accept it like normal situation! You know need doctor if patient have high fever! Feel  it like fake price and fake situation fake price and fake atmosphere

Yeah i seen that as well and i am happy to see that price but at the same time makes me sad. Why can't i have a job that pays daily instead of waiting for 2 weeks between paychecks. Makes buying bitcoins sometimes a expensive habit, yes i know the price goes up but still is annoying as hell when you miss good runs in price.

It's insane but beware soon it will have a correction

It's starting to get down now so it should be the finest time to jump in to bitcoin now. I know that many are still doubting and skeptic about bitcoin because of it's intrinsic value but we just can't help it, value is actually in our faces now and there's no need for us to move backward with it. If you are one of those people that started investing to bitcoin while the price isn't high, then that's an achievement.

Yes, bitcoin price already crossed that line. No one can ever stop bitcoin price! I think its not possible because bitcoin has an unbelievable price. Actually it's a big achievement for bitcoin users who invest there 2 years ago. Bitcoiner always wanted those price and so bitcoin surpasses 19000$  on coinbase

It is quite shocking but I find it also not surprising maybe because when we invest to bitcoin we picture in our mind the price of bitcoin going even further to this point. It is like a plan expected to happen whenever we buy and hold bitcoin from time to time.

now people are crazy about bitcoin so price can reach 50k easily. :D But I dont want invest so much money on bitcoin. just a little bit

The price is shockingly increasing all the time.

I think that 50k $ is rather far at present. Probably it could be up to 30k $ per 1 BTC the next year. I suppose that BTC price will not so volatile in 2018

As much as I want the coin to have that value, it would not be 100% legit to me. Coinbase is not used by that many people.
However, the price did get past $15k.

On tgat exchanger tgat i use, YoBit tge maximum was 19500$ today's. OMG! All tihs day i am counting what kind od profit i would have if mu believe on bitcoin would be a little bit stronger, tgat is actually millions and millions on mu national fiat, rubl, i would be a houng millionare just during tge year! Thats crazy! I nećeš a time machine right now! ;D

today i think bitcoin will be try 20000 $

As everyone else is guessing, this spike will eventually lead to a price drop to around maybe $10k. But we will never know until it happens.

I was waiting for it to reach $20k ATH but didn't happened. It is now going downward so probably it is a good time to hoard! Good luck to those who have funds in their wallets to buy the dip.

No doubt about the rise in the value as it has been increasing continuously with no severe downfalls
This is the market and its expected to rise even more in 2018

So amazing! I think it is not dangerous but instead it will serve as a great benefit because of the great profit. Let us hope that btc price will not go down and will continue to increase.