touch down to 800$ is near

[CoinCidental]

Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.

I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.

Not sure about four digit. Not in this up-leg. The time is running and we still are quite far away from there. Having the rising trend at such pace as we had recently is complicated to sustain for a longer period of time. Therefore we either speed further up and get there (less likely) or we start getting horizontal trend that will morph into a correction (more likely scenario).

Well are still lucky that the price was hit at 800 value that we do not know that the price can be more increase until 1k value..
The movement of the price is just like the or there is similarity too from the past year that everytime the christmass is nearly the price is going up too and after christmass you can see that the price is gradually decreases..

900 will stabilise when people have dumped all the coins they have to dump and then we're off to 1000+ 

[BlackPanda]

Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.

I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.

Not sure about four digit. Not in this up-leg. The time is running and we still are quite far away from there. Having the rising trend at such pace as we had recently is complicated to sustain for a longer period of time. Therefore we either speed further up and get there (less likely) or we start getting horizontal trend that will morph into a correction (more likely scenario).

Well are still lucky that the price was hit at 800 value that we do not know that the price can be more increase until 1k value..
The movement of the price is just like the or there is similarity too from the past year that everytime the christmass is nearly the price is going up too and after christmass you can see that the price is gradually decreases..

900 will stabilise when people have dumped all the coins they have to dump and then we're off to 1000+ 

bitcoin prices have penetrated 910USD. this time anything can happen. even dumping can happen quickly. we should be able to estimate the right time to predict movements in the price of bitcoin.

[pealr12]

Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.

[tee-rex]

Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.

It should be clear by now, that it is mostly manipulation that drove us to these levels. In terms of adoption, not much has changed in the last six months or so, when the price nearly doubled.
Therefore, I would wait till the correction to check where the new stable level is. I guess we may see a retest of $700.

A retest of $700 sounds too drastic. We have fallen to $860 and I think we might head to $820 levels before resuming the steady increase forward.
Unless a whale with bitcoins wants to crash the market, we won't go too low since the $930 peaks are still fresh in people's minds.

Bitcoin is still quite a volatile asset, so a 20% correction wouldn't be something unusual. According to this article: http://www.zerohedge.com/news/2016-10-27/needham-raises-bitcoin-price-target-848-heres-why Bitcoin's volatility is smaller than three years ago, but still one should be prepared for a solid correction, once it starts. At the moment the real correction hasn't started yet, we are still in the phase where bulls and bears are trying who is stronger. 

Bears have been heavily defeated at sub-800 levels. Everyone and his dog was predicting that bears would come out as downright winners. But they were proved wrong. Right now there is no strong resistance even at $900 level, the price easily crosses that barrier, which clearly shows that the permabears have surrendered for the most part at around $780-790 prices. There may be just not enough bulls to push the price a lot higher than $900. And that would mean greater volatility in the coming weeks.

[uki]

Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.

I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.

Not sure about four digit. Not in this up-leg. The time is running and we still are quite far away from there. Having the rising trend at such pace as we had recently is complicated to sustain for a longer period of time. Therefore we either speed further up and get there (less likely) or we start getting horizontal trend that will morph into a correction (more likely scenario).

Well are still lucky that the price was hit at 800 value that we do not know that the price can be more increase until 1k value..
The movement of the price is just like the or there is similarity too from the past year that everytime the christmass is nearly the price is going up too and after christmass you can see that the price is gradually decreases..

900 will stabilise when people have dumped all the coins they have to dump and then we're off to 1000+ 

that is an optimistic scenario. I don't mind if it happens, but the charts tell me something different. It will be good to see how we behave in the correction to check the new support levels.

[Denker]

Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.

I'm a bit more "pessimistic" regarding the $1000 before new year!
We already have seen a fantastic run this year and the will $1k mark will have to wait until next year.
Right now I'm hoping we will not see an over reacted dump! Some good correction however would be healthy!
And then let's go for 1000 and new all time highs in 2017!Would be a good start for a new year!

[1Referee]

Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.

I'm a bit more "pessimistic" regarding the $1000 before new year!
We already have seen a fantastic run this year and the will $1k mark will have to wait until next year.
Right now I'm hoping we will not see an over reacted dump! Some good correction however would be healthy!
And then let's go for 1000 and new all time highs in 2017!Would be a good start for a new year!

While we are very happy with where the price is standing right now, it's not enough for greedy people as they are looking for more since they entered the market not far away from current levels. That's why you should always make sure you buy at the time the price is being dumped down heavily. Look at how much time people have had to scoop up as many coins as possible below the $500 levels. For whatever reason they cashed out everything, or they were constantly waiting for the price to fall down, but it didn't happen. That's why they buy now just to not miss out on another upwards movement.

[freebutcaged]

Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.

Not really, now price is dropping as you know when people demand(buy into) bitcoin then price automatically grows like a bubble and everytime bitcoin price rises more than $20 in a week the holders get greedy and start to dump as they already know there might not be another opportunity presenting itself anytime soon and that causes the drop.
Believe me if only those trading daily do their trades as usual without the extra dump price will most certainly go above $1k.

[tee-rex]

Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.

Not really, now price is dropping as you know when people demand(buy into) bitcoin then price automatically grows like a bubble and everytime bitcoin price rises more than $20 in a week the holders get greedy and start to dump as they already know there might not be another opportunity presenting itself anytime soon and that causes the drop.
Believe me if only those trading daily do their trades as usual without the extra dump price will most certainly go above $1k.

The price would most likely be trading sideways if only day traders were present in the market. It would look like a Brownian motion around some mean value. They themselves can't make the price move massively in any direction. It is big buyers and sellers like cryptowhales and their kind that determine the trend and define the direction where the price will go. Day traders only provide liquidity and cannon fodder.

[uki]

Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.

Not really, now price is dropping as you know when people demand(buy into) bitcoin then price automatically grows like a bubble and everytime bitcoin price rises more than $20 in a week the holders get greedy and start to dump as they already know there might not be another opportunity presenting itself anytime soon and that causes the drop.
Believe me if only those trading daily do their trades as usual without the extra dump price will most certainly go above $1k.

Price has not yet started to drop. Not yet. Remember that Bitcoin is a volatile asset and thus daily movements of 3%, that at the current price is about $30, is something normal. Once we see movements that are bigger than that we can talk about sellers taking over and how resistant to that we are.

[Farma]

Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.

Not really, now price is dropping as you know when people demand(buy into) bitcoin then price automatically grows like a bubble and everytime bitcoin price rises more than $20 in a week the holders get greedy and start to dump as they already know there might not be another opportunity presenting itself anytime soon and that causes the drop.
Believe me if only those trading daily do their trades as usual without the extra dump price will most certainly go above $1k.

Price has not yet started to drop. Not yet. Remember that Bitcoin is a volatile asset and thus daily movements of 3%, that at the current price is about $30, is something normal. Once we see movements that are bigger than that we can talk about sellers taking over and how resistant to that we are.

Well, when rising very high, certainly will decline but I'm sure the price will not be far from it, and I hope that prices remain stable. but, the price of $ 800 is a fair baaik for the beginning of the year.
in fact, when this happened back price stability. bitcoin prices stabilized at a price range of $ 850 to $ 900, and if it lasted until the end tahunn, maybe we can be sure that it will be the initial price in 2017

[richardsNY]

Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.

Everything is possible, but never take things for granted so easily. It's also a possibility that when we happen to reach $1000 again, that the price will suddenly collapse. In order to be prepared for that scenario you should secure profits every now and then. Especially when we are going up to levels significantly higher than we are sitting at right now. I just hope that the growth that we will be experience is sustainable. It's not cool to see that everything we have been building up in a few years goes to waste in a matter of weeks.

[tee-rex]

Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.

Everything is possible, but never take things for granted so easily. It's also a possibility that when we happen to reach $1000 again, that the price will suddenly collapse. In order to be prepared for that scenario you should secure profits every now and then. Especially when we are going up to levels significantly higher than we are sitting at right now. I just hope that the growth that we will be experience is sustainable. It's not cool to see that everything we have been building up in a few years goes to waste in a matter of weeks.

It seems to be possible only if a few really big whales decide to cash out heavily, which is not completely impossible but not very likely on the whole because they don't seem to be inclined to part with their bitcoins at any price. Apart from that, major exchange hack could bring the price down somewhat, but as the Bitfinex incident had shown, it was also an excellent and one-off opportunity to buy bitcoins cheap after the July halving.

[1Referee]

It seems to be possible only if a few really big whales decide to cash out heavily, which is not completely impossible but not very likely on the whole because they don't seem to be inclined to part with their bitcoins at any price. Apart from that, major exchange hack could bring the price down somewhat, but as the Bitfinex incident had shown, it was also an excellent and one-off opportunity to buy bitcoins cheap after the July halving.

If you look at how at the time the price has gone up in a decent manner, and after that exchanges get hacked, it looks to me that it is a well planned attack. If it happens once, then you can say that it was coincidence. If it happens a second time, you can once again say that it was coincidence. But it happened plenty of times already. In that regard, I won't be surprised to see another exchange announce that it got hacked where they lost thousands of coins as result. But we'll see what is the next bit of drama that will come our way and cause the market to plummet.

[GOT7]

It seems to be possible only if a few really big whales decide to cash out heavily, which is not completely impossible but not very likely on the whole because they don't seem to be inclined to part with their bitcoins at any price. Apart from that, major exchange hack could bring the price down somewhat, but as the Bitfinex incident had shown, it was also an excellent and one-off opportunity to buy bitcoins cheap after the July halving.

If you look at how at the time the price has gone up in a decent manner, and after that exchanges get hacked, it looks to me that it is a well planned attack. If it happens once, then you can say that it was coincidence. If it happens a second time, you can once again say that it was coincidence. But it happened plenty of times already. In that regard, I won't be surprised to see another exchange announce that it got hacked where they lost thousands of coins as result. But we'll see what is the next bit of drama that will come our way and cause the market to plummet.

Get ya shorts ready because here it comes.

[tee-rex]

It seems to be possible only if a few really big whales decide to cash out heavily, which is not completely impossible but not very likely on the whole because they don't seem to be inclined to part with their bitcoins at any price. Apart from that, major exchange hack could bring the price down somewhat, but as the Bitfinex incident had shown, it was also an excellent and one-off opportunity to buy bitcoins cheap after the July halving.

If you look at how at the time the price has gone up in a decent manner, and after that exchanges get hacked, it looks to me that it is a well planned attack. If it happens once, then you can say that it was coincidence. If it happens a second time, you can once again say that it was coincidence. But it happened plenty of times already. In that regard, I won't be surprised to see another exchange announce that it got hacked where they lost thousands of coins as result. But we'll see what is the next bit of drama that will come our way and cause the market to plummet.

Get ya shorts ready because here it comes.

Not until price begins to drop again. Just two days before the Bitfinex hack happened, there had been a massive sell-off of bitcoins on all major exchanges including Bitfinex itself. Obviously, if the hack was thoroughly planned, the hackers themselves might earn by heavily shorting Bitcoin because they knew in advance that the price would crash over a hundred dollars in a matter of hours after the hack. And then they could just cover their shorts with stolen bitcoins.

[bitbunnny]

It seems to be possible only if a few really big whales decide to cash out heavily, which is not completely impossible but not very likely on the whole because they don't seem to be inclined to part with their bitcoins at any price. Apart from that, major exchange hack could bring the price down somewhat, but as the Bitfinex incident had shown, it was also an excellent and one-off opportunity to buy bitcoins cheap after the July halving.

If you look at how at the time the price has gone up in a decent manner, and after that exchanges get hacked, it looks to me that it is a well planned attack. If it happens once, then you can say that it was coincidence. If it happens a second time, you can once again say that it was coincidence. But it happened plenty of times already. In that regard, I won't be surprised to see another exchange announce that it got hacked where they lost thousands of coins as result. But we'll see what is the next bit of drama that will come our way and cause the market to plummet.

Get ya shorts ready because here it comes.

Not until price begins to drop again. Just two days before the Bitfinex hack happened, there had been a massive sell-off of bitcoins on all major exchanges including Bitfinex itself. Obviously, if the hack was thoroughly planned, the hackers themselves might earn by heavily shorting Bitcoin because they knew in advance that the price would crash over a hundred dollars in a matter of hours after the hack. And then they could just cover their shorts with stolen bitcoins.

Yes, they know that the price will crash but I don't think that price matters to them at that moment. They are just after the Bitcoins, to steal as much coins as they can. They probably then use it for other criminal or illegal stuff and after all they also know that the price will rise again.

[tee-rex]

It seems to be possible only if a few really big whales decide to cash out heavily, which is not completely impossible but not very likely on the whole because they don't seem to be inclined to part with their bitcoins at any price. Apart from that, major exchange hack could bring the price down somewhat, but as the Bitfinex incident had shown, it was also an excellent and one-off opportunity to buy bitcoins cheap after the July halving.

If you look at how at the time the price has gone up in a decent manner, and after that exchanges get hacked, it looks to me that it is a well planned attack. If it happens once, then you can say that it was coincidence. If it happens a second time, you can once again say that it was coincidence. But it happened plenty of times already. In that regard, I won't be surprised to see another exchange announce that it got hacked where they lost thousands of coins as result. But we'll see what is the next bit of drama that will come our way and cause the market to plummet.

Get ya shorts ready because here it comes.

Not until price begins to drop again. Just two days before the Bitfinex hack happened, there had been a massive sell-off of bitcoins on all major exchanges including Bitfinex itself. Obviously, if the hack was thoroughly planned, the hackers themselves might earn by heavily shorting Bitcoin because they knew in advance that the price would crash over a hundred dollars in a matter of hours after the hack. And then they could just cover their shorts with stolen bitcoins.

Yes, they know that the price will crash but I don't think that price matters to them at that moment. They are just after the Bitcoins, to steal as much coins as they can. They probably then use it for other criminal or illegal stuff and after all they also know that the price will rise again.

It can't be any other way. If they care for coins, they should care for their price too. Really, would they ever want to steal any coin at Yobit which is being sold at 1 satoshi with the Buy side of the order-book empty? If we think about it, they could easily double their profits by massively shorting their spoil. At maximum, that would be equal to stealing twice the quantity of coins they actually stole. If you disagree, you still have to plausibly explain why the price had started to fall two days before the hack occurred.

[Bitcoinsummoner]

It seems to be possible only if a few really big whales decide to cash out heavily, which is not completely impossible but not very likely on the whole because they don't seem to be inclined to part with their bitcoins at any price. Apart from that, major exchange hack could bring the price down somewhat, but as the Bitfinex incident had shown, it was also an excellent and one-off opportunity to buy bitcoins cheap after the July halving.

If you look at how at the time the price has gone up in a decent manner, and after that exchanges get hacked, it looks to me that it is a well planned attack. If it happens once, then you can say that it was coincidence. If it happens a second time, you can once again say that it was coincidence. But it happened plenty of times already. In that regard, I won't be surprised to see another exchange announce that it got hacked where they lost thousands of coins as result. But we'll see what is the next bit of drama that will come our way and cause the market to plummet.

Get ya shorts ready because here it comes.

Not until price begins to drop again. Just two days before the Bitfinex hack happened, there had been a massive sell-off of bitcoins on all major exchanges including Bitfinex itself. Obviously, if the hack was thoroughly planned, the hackers themselves might earn by heavily shorting Bitcoin because they knew in advance that the price would crash over a hundred dollars in a matter of hours after the hack. And then they could just cover their shorts with stolen bitcoins.

Yes, they know that the price will crash but I don't think that price matters to them at that moment. They are just after the Bitcoins, to steal as much coins as they can. They probably then use it for other criminal or illegal stuff and after all they also know that the price will rise again.

I hope those hackers thinking that many people will be affected instead we are supporting bitcoin to be well know alternative paymentmethod online they are just giving bad feed backs from people that new comers instead of staying in bitcoin they are thinking that bitcoin is scam..
For now we need more security but the problem all security are made by humans so humans can be still hack it if they can monitor the movement of the site..

[tripwirearmpit]

WOW guys, $800 came and went and now we're knocking on the door of $1000. I've got a bottle of rum ready to crack as soon as its official. Happy fucking new year everyone!