BITCOIN NOW at $4000+? What are your thoughts about this?

[Mr.Scott]

Well, government regulations are a very big deal. Over the next year, most governments will be making a policy. Presently, the market reaction is on news that exchanges will banned in China. While it is unlikely Bitcoin will be outlawed worldwide, it is currently priced about 300x more than today's usage. So the enthusiasm should cool down to the flatter part of the price curve, at about $2300.

[Searing]

thoughts on this...hmmmmm....


if China does ban their exchanges ..we at least for a brief time will see like 2k bitcoin again

if they go further and ban trading and ban China IP's ..then more

(scared self)

[BitcoinExpart]

At bittrex currently $4058 valued of Bitcoin. Looks like whales are going to push it lower before the week opens. I can see it go to $3500 then the big whales will pump.

[cellard]

thoughts on this...hmmmmm....


if China does ban their exchanges ..we at least for a brief time will see like 2k bitcoin again

if they go further and ban trading and ban China IP's ..then more

(scared self)

But wasn't this confirmed to be fake news?

http://www.livebitcoinnews.com/china-not-suspending-cryptocurrency-exchange-activity/

Until when are we going to keep having to deal with this bullshit? Can't the bitcoin community stop being a bitch and holding on your coins like a man? it's seriously getting annoying. "Oh no, government of X country says it's banning bitcoin, sell!". Don't see that if nobody sold, we would defeat their power? You are a god damn bitch every time you panic sell to these news, no other way to put it.

[batang_bitcoin]

Well, government regulations are a very big deal. Over the next year, most governments will be making a policy. Presently, the market reaction is on news that exchanges will banned in China. While it is unlikely Bitcoin will be outlawed worldwide, it is currently priced about 300x more than today's usage. So the enthusiasm should cool down to the flatter part of the price curve, at about $2300.

It surely is a big deal and look on how it made the price of bitcoin down almost $900. I don't know who to believe but this will just going to happen for now. Bitcoin is going to be able to surpass this thing. I've seen this before that China is keep on making the quiet market of bitcoin shakes whenever the price is quite good.

[BrewMaster]

BITCOIN NOW at $4000+? What are your thoughts about this?

umm, let me think
price last month: $3000+
price this month: $4000+

umm, it is very hard. my math is pretty weak. the second number is bigger than the first right? i think it is $1000 bigger but i am not sure. maybe the second number is smaller and i don't know \s

Over the next year, most governments will be making a policy.

all governments have already made their policy about bitcoin years ago.
most government have already regulated bitcoin to some extent.
some government have already fully regulated bitcoin and that was the start of the big rise this year.

Presently, the market reaction is on news FUD that exchanges bitcoin will banned in China.

FTFY

While it is unlikely Bitcoin will be outlawed worldwide,

sorry to disappoint you but it will not.

it is currently priced about 300x more than today's usage.

it is demand not only usage (usage is part of demand). and based on demand and what the buy support shows, it is exactly worth what it should be worth.

So the enthusiasm should cool down to the flatter part of the price curve, at about $2300.

why? did you miss buying at that price that you chose that particular price? why not $4000 which was tested a couple of times so far and it could not be broken so far.