Bitcoin Forum

One of the good indicators of bitcoin making progress is the fact that we are staying at 1000+ for days now and everytime we approach 1000, it goes up again. Doubters seem to be getting nervous and they are getting in when it gets close to 1000.

So we hit a new record? We have been at 1000+ since Feb 2th.

It hasn't stayed over $1000 entirely, but it's good to see the the price remain over $1000 for a while. People have to adapt to seeing the price at these levels as they were used to levels a few hundred $ lower. It will take time before people gain enough confidence to support these levels. I wouldn't be surprised if the price happens to fall back below $1000 again. Price range should be somewhere between $900 and $1100 in the coming weeks.

if this stay for a month, I bet it would go $1500 or higher by end of this year.

But we need to wait for more months before $1,500. I want this to happen but as of now the price slowly moving and this a good thing.

So that the price will also slowly decreasing which is possible to happen any time now. I guess it can get up to $1,100 upon entering March.

slow is better than fast increase.... when it increases too fast, it would drop hard.

OP I am still doubtful. Bitcoin is so volatile that we can see it go down to $800 in a matter of minutes like we did in the past. Sure hold your breath but also expect the worst. I have been thru so much disappointment with Bitcoin and it has made me numb no matter how high or low it goes. I just buy whenever I think the price is low.

record bitcoin price in 2017 over 1100 dollar
this now bitcoin price in range 1010 -1050 , so not new record
my prediction in bitcoin price in 2017 can new record and incraese until reach 1200 dollar

well yes mate, after we see much greater from its previous record of 1100$ we can say that we are in good form and possible to reach more, just needed to keep assessing the price and try to short so if there's some downtrend we can buy it and hold to then sell it when price really rocket high its the good way to earn from this fluctuations.

$200 is a very huge range even for bitcoin!
and price has been staying above $1000. the temporary mini dump that happened once or twice are just it, a mini dump and temporarily corrects itself. and as time passes while staying above $1000 this price support is becoming stronger.
and the range which we have right now is between $980 bottom and $1050

the price is getting up and down too often and its good to see the fluctuation like this and for the traders, they can make decent of profit because if we see the price is fluctuation, there is many chance for us to do trade in a day and we can expecting to make profit. and yes, i think its a new record for us that reach $100 in february 2017.

But it hasn't held a $1000 price tag for a continuous 72-hour period.

It failed to do this in 2013 and it failed to do this a month ago.

But if it lasts about 4.5 more hours, it will finally succeed in this regard.

In forum I saw a thread yesterday that people keep updating it with the recent maximum price since 2013 or so, and what I saw was 2013 2017 so for 4 years the bitcoin has reached $1000+ which is good and the fact that the price is 1000+ for not even a week we can't say that it is the new bottom because the price can crash any time unfortunately.

People need to realize that bitcoin was designed to gain value over time, maybe we reached the point when $1000 is our new bottom price?
Obviously we can't count that accidental pump of 2013, it wasn't organic at all. Let's hope that market has grown enough since that time to sustain the price..

Bitcoin price will go higher than you expected. 1500$ can achieved after 4 months of being stable at 1000$ price. Ath will we be seen this month,and 2000$ price before the year ends.

This is good to see stable price at the moment for some time.
Lot of you remember that in 2013 btc couldn't not hold 1000 price but this time is lot different and price is stable and it will remain like this for a while.

Dont want to say anything about predicting some price range in future but i would like to stay like this.

Many people compares recent situation to the year 2013, because the price was quite simmilar, but as you said, today we have definitely a different situation, the traded volume is much much higher and the market is much more stronger and stable than it was back in the 2013. That's why I also believe that now the price will stay like this for a longer while and I don't expect any dramatic fall down.

This time, it is different. The rise has been gradual and we seem to have more staying power.
If anything, the price looks like it will break out over $1050, rather than collapse to less than $1000.

Yes, I think this time bitcoin might just float over $1000 for some time because the drop last time was instant and since we have not faced that drop yet I think it is safe to say bitcoin might say this way or maybe even rise soon.

Look again. Bitcoin has been $1000+ since February 3, so that's 3 days in a row. They tried to crash the price below $1000 in several occasions (notice the sudden dips) and they failed to bring it below $1000, it was close but it quickly goes up again. $1000 is becoming the new floor.

https://s27.postimg.org/okt7bpzoz/bitcoin1000.png

back in 2013 price went from about $200 to $1200 in less than a month and there were no buy support and mostly the price had gone up with fake pumps done by MtGox which were controlling all the bitcoin market since there were no other exchanges (others were tiny).

and besides 4.5 hours or 4.5 days are not going to change any facts. there is a strong buy support behind this rise. and it is not going to go down unless some big FUD happens. and even in the case of an FUD price will go down and come back up again fast.

More better if the price will able to stand at that point for months, I mean is there a chance to say goodbye for 3 digits now and think that we can considered a bottom at 4 digits? Sounds kinda hard at the moment but it's possible, isn't it?

It's kinda difficult to think that hard dump will follow since it was always accompanied by hard pump but take it serioulsy. Gotta watch closely the price now with the behaviour like that.

It would be really nice if 1000 becomes the new floor. It is very possible since it took quite a time before we reach this level organically. There were times were  the price was pumped to reached 1000 but now it inched its way to it.

Yes this is about the slowest rise I have ever seen in bitcoin.

Bitcoin normally rises far more explosively. But I think the crippled blocksize prevents bitcoin from growing in price fast.

Yeah, it is really good to know that bitcoin again cross $1000 and now bitcoin is $1022, if bitcoin continuously rise within week, than no doubt it will be crossed at $1100. So it will be a new record of 2017. Also i still hold my 2 bitcoins, now i am thinking to sell them, and i will wait till the end of the month to see bitcoin's price.

I look at the larger picture than just a few days. If you look closely at the buy orders at various exchanges then it's obvious that what can be considered an average dump can get the price below $1000 without any problems. I keep sticking to my $900-$1100 range for the coming weeks. After these weeks we'll see whether or not I was correct.


If you discard the quick flashes below $1000 then we have indeed done well, but there is barely any serious support to prevent these flash dips to happen again. As long as that is the case I can't really consider $1000 to be a floor, or a floor in-the-making. If we manage to keep the price at these levels for a few weeks in a row, then we can slowly start thinking $1000 to be a floor. Maybe I am just too conservative. :D

We all are waiting to bitcoin continue it's climbing upper. But if to talk about me I am pretty satisfied with it's current price 1020$. I think it's perfect price for bitcoin and it doesn't need to be higher than 2000$, cause in this case there is high risk to be banned by governments.

Not for the Chinese traders. In times when there is an opportunity to buy or some news that causes a panic the Chinese traders never fail to do very large market orders exacerbating the situation more if it is going down, making the situation if it is going up if you got in at a lower price. There will be times when a $200 range is small and there will be some market conditions that it is the average.

It looks like prices will rise again, the main factor is to start the active users of the bitcoin in china after the Chinese new year. the record prices earlier in the year which reached $1.100 seem to be passed in 2 months again. Before the prices rise again, I suggest to buy bitcoin. Believe me, for the moment bitcoin still profitable investment.

Yes this is a good indicator that bitcoin is slowly reevaluating itself but now it is doing it slowly, while we can make money in the pumps I think it is way better that bitcoin gains value slowly that way it will bring confidence to possible investors.

Yes that's what I'm trying to say the slow increase is in our favor because it means that bitcoin is slowly but surely making prepare for bigger price.

And if that happens we are already ready for that increase that is going to come.

As of now the price is 1,031 which is kinda of neutral speed of increase.

hoping the price will be higher than $ 1,500. it will create a new record in bitcoin world, even in the world of cryptocurrency. it would probably cause most global investors will glance bitcoin, or maybe it will make cryptocurrency made headlines, in the business world.

Speculation

If the price of bitcoin can stay consistent at $1,000 - 1,200 within this 6-8 months time until October. When it hit the holiday season at the end of year in December, it can be pump up hard to $1,500 by real.

Been notice this trend for like 2 years?

in 2015 and 2016.

2016 the price increase from a consistent $500-600 to $1.1k at peak?

in 2015, the first time when i bought bitcoin at rate of $3xx-4xx. But during the end of year which is the holiday season and it peaked at $800 but it drop back soon

We don't need new ATH to be noticed, not by pros anyway. Every major investor is monitoring bitcoin already, it would be foolish not to do this.
ATH is more of a bait for normal people, a potential future users, they are always teased the most by raw numbers.
I speak from experience, as I was lured by BTC because of that 2013 ATH too.
 

I don't think as well that the rapid growth of bitcoin price is good.
It attracts too many investors who want to make quick money. As fast as they are in, they are out again.
That creates an uncertainty that is not necessary.
To me a slow and steady growth in price is still the best option to make bitcoin great...

Yes, I can see the "holidays" trend as well and I think, that with bigger adoption of bitcoin the effect will be even stronger, because the amount of traded coins will be also higher.
This year we need to be prepared for selling our coins at the peak and resseling them after New Years Eve. ;D

We are really close to ATH anyway, and it would make the graphic look prettier which is always a plus. We need to get rid of the ugly 2013 ATH which was achieved with fake volume and bot activity. This time it will be a real ATH, we need it to legitimize the asset, those things are important from a psychological perspective, and we are really close to it now, only about 100 dollars more to go of controlled growth.

Nice few days for stay above $1000 and persist not to decrease below the surface of new 4 digits level.
Since, I didn't watch over the price every single hour but sometimes, so I didn't notice that we've been at +1000 since February 2th, glad to know. We're expecting more as plenty of good news had been soared and recent update about winklevoss bitcoin ETF approval to attract investors who are legally limited to investing only in securities accredited by the SEC.

A new all time high will create new long term investors in Bitcoin. Why do I say this? Because they will go buy with everything they have as much as they can and then the price will drop hard. Now they cannot sell at a big loss because of fear. Now they have no choice but to keep supporting Bitcoin hoping that it will go above their price of entry which sometimes will not happen for a very long time.

You can't call it a record as this can be a indicator that this time price was stable after reaching 1000$ unlike last time it became 1150$++ and then Chinese screwed it up.
I still don't think the price will stay 1000$+  if the china government does something again to reduce the price. I don't think 6 days is a big thing if the price remains 1000$+ whole feb or maybe march it can be a really good indicator.

it took more process to reach those amount but with the current situations still possible i think but only if the price would not dropped again $1000 below and i think the investors should be more concern for bitcoin because it could makes bitcoin price will more high

2000 by the end of the year.

I feel the Bitcoin is fundamentally strong now and it won't crash anytime soon. The global economy looks shaky and that's why Bitcoin is being favorable. I feel if Bitcoins hold this strong it shall keep on going up. So far so good looks like the Bitcoin wagon is continuing it's golden ride. Now if there's something bad in our economy Bitcoin price will just shoot up and that's what we all should wait for, cause something will happen I just feel it should. I think 1200 by March looks a reality and 1500 post June.

Yes i think we hit a new record on high price at 1000 dollars. But 2000 dollars at the end of years . There are no expectations that far. I'm sure passes Year after year, the price of Bitcoin will Continues bounced up. Of course I would not refuse if the price of Bitcoin reach 2000 dollars at the end of this year, it is a great achievement in price aspect Bitcoin.

I'm a little surprised that we are holding above $1000 for so long. I won't buy any more until the price drops down below $1000 because it seems to be too high right now (but I could be wrong).

There are pros and cons to this kind of thinking from amateur traders like us who do not know what we are doing half of the time. A good thing about it is we could get lucky and buy at a lower price but mostly what happens is when it goes up quickly we get emotional and get scared that if we do not get in know we might miss the move. The next thing we see is the price goes to the opposite direction quickly.

Prices rose about 15% in just a week, it looks like the trend of rising prices continues. I predict the price of $1.500 will soon be achieved. I'll hold bitcoin and will I sell once the price reaches $1.200 or more.

Considering this  we managed to stay over $1000 for 6 days, what is 2 days longer then in beginning of year.

Today's bitcoin price is surly not new record. The record was on 2013 when the price gone higher 1100$, but we are really close to this price and new record. I think the price will hit in in the end of February or on March. But the time will show.

It keeps pushing 1000$+ numerous times for a while but the resistance at 1050$+ is too damn strong. What ever happens it just can't break that resistance. Every time it gets to 1000$+, it slowly reaches 1040$ and goes back to 900's. That's the main movement for a while now.

On the other hand, there is also a big support at 900$'s. And it can't go lower neither.

From what i see, we will go below 900's one more time and maybe, we will even see 700's again and then, we will jump back to 1100$+

You can check the walls here:

cex.io/btc-usd

Bad prediction. Like everybody else who are amateur traders in the forum you should not be listened to when you make predictions. The professional traders who should be the people we listen to do not post their predictions here because they do not want to give away their secrets.

I thought we would see a drop like this (see earlier post). It was just a matter of time and we could see it drop more. I just look at this as a way to buy Bitcoin at a better price.

Would you try to buy more bitcoin in this time? it seems like they're still on the cheapest way. and based on your text may you think to increase your bitcoin stock for the next pump of bitcoin? interesting for watch.  ;D

now the price down again, making me have to be patient to hold bitcoin, originally I wanted to sell when the price is above $1.000, but there is still the belief the price can go up again.

It looks like the price of $1.132 difficult to traverse this month, initially I was very optimistic when the price reaches $1,050 on 2 days ago, but now the price drop again below $1.000. Strongly feels that there are doing the speculation with price bitcoin.

bitcoin prices are currently difficult to predict. bitcoin prices quickly rise and fall. maybe just a few more days bitcoin could reach 1500USD and can also be at 500USD. This is possible because of the nature of bitcoin prices that have consistently every time.

Good news that the price already recover to $1000 again, but latest declined may because Chinese massive withdrawal form their exchanges such as Okcoin, Huobi, and BTCC. It's confirmed as the exchanges stop bitcoin withdrawal, people in there should be in panic as China's central bank met with a group of exchange executives to warn them about the need to enforce rules on money-laundering and foreign exchange. This news triggered them to suddenly cash out what they had put, not so worrying now as we have spread widely over the world than just China hold big portion.

Yes and now is the best time for you to sell your coin for a cheap price. but it seems the price of bitcoin will growing more than the current price. And let's do what your decision.
No matter how it will growth more and more as soon as possible.  ;D

This year price will be recorded as the best price, as well we have been experiencing a good stable price above $1000. This is getting continued even after several drops in price. I believe through out this year the price is expected to stick to prices above $1000.

a record high for the current bitcoin prices reach $ 1,100. Well, after that, the current bitcoin is still struggling to maintain the price of $ 1,000 for some events. I might predict for this year, that record highs in the price of bitcoin is $ 1,800

On the contrary, last year, bitcoin was $ 400 while the bitcoin was finished. I wonder what they think now. If you look at it from your perspective, the short-term graphic may be downward, but the long-term graphic is showing 10,000 points easily.

The counter has now been reset, thanks to more PBOC manipulation, but china has no power anymore over bitcoin, it recovers too quick.

We are now back to $1000+ territory has expected, so 02/11/2017 is the new timer. Let's count how many days it stays above $1000, hopefully forever this time.

Another way to look at this is that this is now ten consecutive days on which at some point the price has been above $1000 USD.

Waoh the price, which falls back to 800 days ago.

To be honest, i didn't expect that the price able to pick back up back to $1,000 again. Seems that in 2017, the bitcoin price in the 1st quater year will be consistent at $1k, expected to up to $1,500 at end of year at good momentum

The manipulation has worked for them and they were able to bring the price down and the sudden surge within a couple of days surprised me as i never expected them to recover so fast and i do think we have a good resistance at $1000 at the moment and i do hope that the price stays above thousand for a long time .

Right now, $1000 seems to be a strong resistance point. We seem to be reaching there, but dip almost immediately to $99x.
We have to break past this comprehensively, before we can think of $1500.

Yes, it's possitive to see that bitcoin can recover from price drops like these faster and faster everytime and it makes me believe, that $1000 level is really getting to be a new floor for bitcoin. 8)

Bitcoin is very young, there will many more similar records in the future. Last time I was right when I said that we are not finished with 3 digits price, I expect to get back to that few more times before we can say finally and forever goodbye to 3 digits price.
Hold on, its not over with price manipulation, this year will be interesting.

I hope history doesn't repeat itself.
It will hurt a lot specially for the old timers who have been supporting bitcoin and stayed whether it is up or down.
Hitting the thousand mark is so good to the eyes and those who have invested might have get their ROI now.
I didn't really expect it but it did happen so let us savor the moments and more.

It depends on what you are talking about. If you are referring to pumps and dumps, and the usual bit of fud drama, then you can bet on it that it will continue to be part of Bitcoin. You have to realize that certain people behind the scenes make multi millions every year by crashing the price due to whatever negative happening, and then later to cash out at the time the price has recovered, where after that everything will be repeated again. It's a predictable and more than profitable cycle if you know how to take advantage of it.


Nah, if you're talking about early birds that kept holding their stash, then there is no reason for them to be upset or whatever else. Long term minded people don't care about short term fluctuations.

The record keeps getting reset due to the constant sub $1000 dips, but eventually $1000 will never ever get crosen below and it will be like $100 (we are never going below $100 again), now it will be never going below $1000 again.
It's clear that it has become some sort of psychological floor that triggers buys when it goes below or near it.

It's indeed looking good. Mainly because of the fact that certain dumps are being used to get the price below $1000 hoping to trigger panic sellers and other weak handed people, but it feels good seeing people not willing to part with their coins. At some point the people behind these dumps will run out of coins, and then there is basically nothing to prevent the price from going up further.

As far as I'm in bitcoin world, I have learned 'there is no any stable price that last for days/weeks or even months for sure' fluctuate price is a normal thing in bitcoin environment because bitcoin still in growing phase and doesn't has bigger market cap to hold the price free from manipulation of daily traders. However, even though bitcoin price fall down due to a problem, the price will recover again and again which it already back to $1000.

This is no new record :)  We have been in this floor and visited it several times. It is that now i guess this is the new floor (I hope so) of Bitcoin price.  A good value to start skyrocketing again.


Even the most stable currency fluctuate.  Remember the only permanent in this world is change. It is the universal law.  So there is no news if Bitcoin fluctuates but if it goes deep below $900 then it is a news .  Bad new for holder and good news for buyers.

Bitcoin is growing. Just before the new year, December 22, the exchange rate of the leading cryptocurrency reached $800, to achieve the highest level in two years, mark was supposed to be $875. It is not surprising to see in a short time the highest in the entire history of bitcoins 1100$ or more – 1200$.

I guess we will keep fluctuating from high 900 to low 1000's until we are going for the big ass pump that will bring us to to the new all time high, we are going to see a lot of people missing on the pump since they will be waiting for the next dip.

I don't know if the current price will keep the enough momentum to achieve a new ATH, but I would be completely satisfied if the mark of $1000 is able to persist as the new floor. It would be the first step for our expected skyrocketing.

Now it's price bitcoin is above 1000USD. has not decreased and signs will be under 1000USD. bitcoin will continue to be above 1000USD, this will make bitcoin development of better and also faster .

if it remains at this level by March and April, then it's stable enough to be the new floor. IMO, the next big run would come again next halving, so this price should hold for a long time.

Well I really do hope you are right since most of us who earn via bitcoin some extra cash would like it to have a high conversion since it means we will have more money. I really do think the same as you, if this level is maintained now I think this would be the new floor and it will be long before we even see 500$ ever again that is if there aren't any major happenings that will drive the price of bitcoin down later on this month.

Yes, the price of bitcoin is now stable at around $ 1,000 and there are no signs to come down. If the price drops would immediately rise again. Maybe now bitcoin will continue to be above $ 1000 and price increases that a fairly high seemed imminent. Actually, there is still potential bitcoin prices fell below $ 1,000 for some conditions but if it happens hopefully not be less than $ 990, but hopefully it does not happen and the price will continue to above $ 1,000.

it can be considered the new floor now too.
and it actually is the new floor, but the fact that price can go below $1000 still exists just like any other bitcoin price before it. that is how bitcoin works, the market is still volatile because how small it is and how orderbooks can be filled.

If you are talking about a fall,similar to what happened last time we had an ATH, that is not going to happen. The road to $1000+ in 2017 is far, far different from the path Bitcoin took in 2013.

True, this time we have different path and everything is point that price wont fall like in 2013 if it fall 800 is maximum fall from this.
This is maybe year that most expect to see new ATH but i would like more to be price like this stable is good more investment will be made.

Stable price will help to gain more trust and credibility for the whole bitcoin project, but I think the biggest investments are made after all the quick price increases and falls. It motivates people to invest, because then they think they can make a quick profit. People always lean for a quick profit rather than for a long time investments, they like to be controlled by their emotions. ;D

This would really be a new record i guess since we are now on 1k point without any dropping as of this month and it able to manage for how many weeks.As other members said here this would be the new floor of bitcoins price and if it drops it wont decrease too much i guess.

the record that you should take a look at and the record which is really impressive is the fact that bitcoin price has been rising consistently for a couple of years now.
$1000 is just another number on the way up. and it is not even a single number which is important. price is different in different currencies.
for instance it is 1058 in USD
it is 1000 in EUR
it is 1410 in CAD
it is 59771 RUR
it is 7153 in CNY

But some people speculate that the current price increase and stability is due to the decision on the bitcoin ETF coming up. If the SEC doesn't approve the bitcoin ETF, the price could possibly take a dip.

At the present we have hit a new record as the price of bitcoins have plunged upto $1700 dollars and in the next month we can expect that the price of bitcoins  may reach upto 2000$.

Looking the present scenario of price increase surely we might get a price above $2000 within certain time period. Now several records get added to the history. The new ath which were all above $1500 and soon it can be seen above $2000. Same as the price increase the panic of a fall still accompanies every user of bitcoin.

A little time again the price of biitcoin can reach 2000USD. It only takes 200USD again to reach that number. We must ensure that no negative news can disrupt the current bitcoin rise trend. This is a very interesting thing, we are all looking forward to the new record that bitcoin can achieve.

IT us only natural that we can expect to see price above 2000$, cuz we have increase in price for 3-5% per day. But i have some feelieng that when we hit 2000 or maybe something more like 2500 then we will come to crash time. Off course I would not like that to happen i would like it grow and more then 2000 or even 2500$.