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Question: Bitcoin's Price Shoots Past $13,000 to Reach New All-Time High, will it continue to increase?
Yes - 4 (80%)
No - 1 (20%)
Total Voters: 4

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PRDAEcontact (OP)
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December 06, 2017, 09:40:34 PM
 #1


https://www.coindesk.com/bitcoins-price-climbs-above-13000-to-reach-new-all-time-high/?utm_content=buffercaf1c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

According to the news, ''Bitcoin's Price Shoots Past $13,000 to Reach New All-Time High. The CoinDesk Bitcoin Price Index (BPI) has posted a high of $13,017.96, representing a gain of more than 10 percent since the day's open and an overall rise of more than $1,200. It also brings bitcoin's total market capitalization to roughly $217 billion.''

''The move continues the trend reported earlier today when the price of bitcoin posted a $1,000-gain over the course of 24 hours. The price of the world's largest cryptocurrency by market capitalization pushed past $12,000 for the first time earlier today.''

Will it continue to increase?
Valentina N
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December 06, 2017, 09:42:18 PM
 #2

Yes will continue but can shut down every minute) Grin

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December 06, 2017, 09:48:10 PM
 #3


https://www.coindesk.com/bitcoins-price-climbs-above-13000-to-reach-new-all-time-high/?utm_content=buffercaf1c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

According to the news, ''Bitcoin's Price Shoots Past $13,000 to Reach New All-Time High. The CoinDesk Bitcoin Price Index (BPI) has posted a high of $13,017.96, representing a gain of more than 10 percent since the day's open and an overall rise of more than $1,200. It also brings bitcoin's total market capitalization to roughly $217 billion.''

''The move continues the trend reported earlier today when the price of bitcoin posted a $1,000-gain over the course of 24 hours. The price of the world's largest cryptocurrency by market capitalization pushed past $12,000 for the first time earlier today.''

Will it continue to increase?
I'd say there's a pretty good chance that it will keep on going up, but my record when it comes to speculation paints me as a perfect contrarian so I would say there is also a significant chance that it stops or continues to go down. It's impossible to tell one way or the other, and the market will have to decide.

With enough people getting into the market due to FOMO or whatever there's almost no question that it would keep on going up. That's the big determining factor: are more people getting involved with the market at a consistent level?
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December 06, 2017, 09:53:19 PM
 #4

Will it continue to increase?
Yes, it will continue to increase but there should be a decrease first with it's current price and needed some correction to give way for more investors to come in.

And also there's a big need to slash the big number of unconfirmed transactions that are now in total of 100k https://blockchain.info/unconfirmed-transactions

Yes will continue but can shut down every minute) Grin
Shut down? You mean bitcoin will shutdown any moment from now? even bitcoin is volatile I doubt it will be on that stage.

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