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Author Topic: BTC Fails to Break $1000 in 2016  (Read 1406 times)
rjclarke2000
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December 31, 2016, 07:37:21 AM
 #21

You are aware in China btc broke $1000 correct?

yeah but not in the states which is what everyone is waiting for right now. Myself included.


The whole world doesn't live in the states. This may surprise you.
umairsaleem011
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December 31, 2016, 07:44:52 AM
 #22

You are aware in China btc broke $1000 correct?

yeah but not in the states which is what everyone is waiting for right now. Myself included.


The whole world doesn't live in the states. This may surprise you.

Yeah but that's not what this discussion is about its about if btc hit 1k and the answer is now when the world is talking because the world prices btc in usd.
1Referee
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December 31, 2016, 07:57:58 AM
 #23

As per title. Don't expect fireworks tonight. 

Even if it does reach $1000 today, then still there isn't any fireworks for me. I cashed out my profits already around $960-$970 so there is not much more to gain for me. Right now it's business as usual where I am pointing my focus on the volatile aspect of the market. That's the only thing at this point that gets me excited for now. On another note, the title is a bit harsh as the negative tone overrules what we have achieved so far.
Qartersa
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December 31, 2016, 08:12:41 AM
 #24

You are aware in China btc broke $1000 correct?

yeah but not in the states which is what everyone is waiting for right now. Myself included.


The whole world doesn't live in the states. This may surprise you.

Yeah but that's not what this discussion is about its about if btc hit 1k and the answer is now when the world is talking because the world prices btc in usd.

The point of the China breaking $1,000 is also a valid point as well as the US point of view. Both are valid because we all don't live in the same area so we would be getting different points of view. But I think the best measure would be is to price it according to a trading platform available to everyone like poloniex or other exchanges.
SvenBomvolen
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December 31, 2016, 08:21:10 AM
 #25

As per title. Don't expect fireworks tonight.  

this is not even a glass half full/empty situation! bitcoin has gone up 120% from the start of this year, so i am going to let that final 5% to $1000 go it is too small to matter.

   Pooya87 made a good point here, why people are greedy? And why people are anxious to get to 1000 so fast?
   You are right about glass metaphor, this is not that situation cause we dont know is it a glass, bottle, or some barrel. We dont know where is half, when will be full. Waiting is only way we to find out possibilities of bitcoin.
  
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December 31, 2016, 08:22:28 AM
 #26

As per title. Don't expect fireworks tonight. 

yeah but this time last year....you'd have took the price we are at now Smiley


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December 31, 2016, 08:41:41 AM
 #27

As per title. Don't expect fireworks tonight. 

as per title it is the stupidest topic of 2016
bitcoin price started from $400 and has gone up to $950 which is more than double profit, who cares about $50 more rise?

and actually it is a good thing that we have not gone above $1000 because there would have been cash outs and price would have became unstable.
Well it's a god damn psychological barrier that is why it matters. Not the extra $50. I thought that was obvious to all.

Qartersa
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December 31, 2016, 08:55:17 AM
 #28

As per title. Don't expect fireworks tonight. 

as per title it is the stupidest topic of 2016
bitcoin price started from $400 and has gone up to $950 which is more than double profit, who cares about $50 more rise?

and actually it is a good thing that we have not gone above $1000 because there would have been cash outs and price would have became unstable.
Well it's a god damn psychological barrier that is why it matters. Not the extra $50. I thought that was obvious to all.

I would say that indeed the prices have doubled from the same time last year, but that extra $50 would have been just for the purpose of getting a milestone for bitcoins. Reaching $1,000 would make a statement that bitcoins are valued that much and the world might get in on the fun and try to integrate it to every system in the real world, like groceries or utility bills.
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December 31, 2016, 09:47:22 AM
 #29

As per title. Don't expect fireworks tonight. 

its fails to break the $1000 barrier in 2016 but i think we have another option in after new year and its wide open for the bitcoin price to increase more than $1000. maybe we can see a new price of bitcoin in chinese new year and we can celebrate it with happy smile.

Qartersa
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December 31, 2016, 10:04:27 AM
 #30

As per title. Don't expect fireworks tonight. 

its fails to break the $1000 barrier in 2016 but i think we have another option in after new year and its wide open for the bitcoin price to increase more than $1000. maybe we can see a new price of bitcoin in chinese new year and we can celebrate it with happy smile.

Maybe or maybe not. The prices might stick to $950 we won't know for sure until it happens. The chinese new year might not even affect bitcoin prices because the mythical chinese whales might not be true and everybody holding bitcoins are outside of china. I think it would still rely on the supply and demand of bitcoin, maybe raising the demand for it would reliably increase the price than just speculating over it.
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December 31, 2016, 10:14:24 AM
 #31

i think it wont hit $1000 this year but atleast we have the $940 per bitcoin price that's a huge price than last year so this year is so great for me. and also im already done cashing out my investment here in bitcoin and i make a large amount of money from doing that. Cheesy
 im gonna invest again on bitcoin when it drop down. so ican make money again when it pop up .
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