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Author Topic: New ATH!!!  (Read 3171 times)
monbux
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December 28, 2016, 01:23:59 AM
 #21

Congratulations to all the brave Holders after the Gox crash  Kiss I include myself  Grin
Blood was everwhere and it were hard times but now all looks good again.
And the bittrex hack?  Yeah, koodos to the strong hands out there!

Heres to $1000 USD before the New Year...  Will it happen after the correction? :-/
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Shiroslullaby
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December 28, 2016, 01:38:01 AM
 #22

Two weeks ago I would have said that $1000 before the new year is not very probable.
The last few days have shown that (apparently) even $900 is easily sustainable.
I'm still a little concerned that this is a bubble and the price could drop back down, but there seems to be no end to the climb, right now at least.

MingLee
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December 28, 2016, 02:09:12 AM
 #23

@OP That's not a new ATH for the individual value of each Bitcoin, it's representing the new ATH for the market cap of all of Bitcoin (assuming that I'm reading it correctly and it is a scaled graph).

The ATH was around $1.2k for each individual Bitcoin, and we're around $270 short of that at the current value.
UnDerDoG81
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December 28, 2016, 02:16:39 AM
 #24

Huobi is almost @ $1000. This is a psychological barrier for a lot of people and I wonder if it will crash down to 900s back fast or if it will still go up.
Pearls Before Swine
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December 28, 2016, 02:17:01 AM
 #25

Holy crap, look at the momentum. The increase looks pretty healthy. Not a bubble like before. I could see this getting to 1000 in a few days.
Umm...I don't know about that.  I really don't.  It feels like "it's different this time", which is the worst thing you can ever say in finance.  Because it rarely is different.  But the rise hasn't been as sharp, that's for sure, so this might be sustainable.

But if we crash, we're going to crash hard.  That's my prediction (which did not take a lot of brains), and I hope I'm wrong.
pitham1
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December 28, 2016, 03:16:46 AM
 #26

Huobi is almost @ $1000. This is a psychological barrier for a lot of people and I wonder if it will crash down to 900s back fast or if it will still go up.

Price is up over $950 at most exchanges. Looks like the breakout over $930 is finally happening.
It is only a matter of time before $1000 is crossed across exchanges.

notme
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December 28, 2016, 06:21:35 AM
 #27

Huobi is almost @ $1000. This is a psychological barrier for a lot of people and I wonder if it will crash down to 900s back fast or if it will still go up.

Price is up over $950 at most exchanges. Looks like the breakout over $930 is finally happening.
It is only a matter of time before $1000 is crossed across exchanges.

We're already at a new ATH in price in all currencies but USD.  It will come.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
U2
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December 31, 2016, 08:49:48 PM
 #28

Huobi is almost @ $1000. This is a psychological barrier for a lot of people and I wonder if it will crash down to 900s back fast or if it will still go up.

Price is up over $950 at most exchanges. Looks like the breakout over $930 is finally happening.
It is only a matter of time before $1000 is crossed across exchanges.

We're already at a new ATH in price in all currencies but USD.  It will come.

Huh ya I guess that's true. What with all the Americans around you sometimes forget that not everything revolves around the USD ATH even if they think it does.
Koadharber
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February 28, 2017, 11:04:58 AM
 #29

Huobi is almost @ $1000. This is a psychological barrier for a lot of people and I wonder if it will crash down to 900s back fast or if it will still go up.

Price is up over $950 at most exchanges. Looks like the breakout over $930 is finally happening.
It is only a matter of time before $1000 is crossed across exchanges.

We're already at a new ATH in price in all currencies but USD.  It will come.

Huh ya I guess that's true. What with all the Americans around you sometimes forget that not everything revolves around the USD ATH even if they think it does.

There is no new ATH in Chinese currency. I think the next rise will be led by the west.
1Referee
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February 28, 2017, 11:36:15 AM
 #30

There is no new ATH in Chinese currency. I think the next rise will be led by the west.

Correct, western exchanges will, and are pushing the price where China can only follow. It's pretty obvious how different the markets are behaving now Chinese exchanges are not the significant factor anymore. Remember how afraid people were from whatever type of news coming from China? It mostly wasn't even bad news, and still people started with dumping like there is no tomorrow. Further regulations implemented by the PBOC should have a near zero impact on the price from now on.
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