Bitcoin is on fire! Made the front page of reddit!!

[Viviyang]

Lots of high expectation on bitcoin making it to surge more this days and i personally think it will easily cross $1000 per coin within few weeks of next year. One of the really interesting comment i have seen on that reddit post is

My grad school roommate talked me into buying $100 in bitcoins in November of 2010. My gf at the time called me an idiot. She is no longer my gf despite her best efforts.

This guy should be rich by now with bitcoin if he is telling truth.

Ya it is true that the guy is rich but he would had sold it in the last rally as per my idea. but still their are more users who have invested or mined on that time but in them 80% of them have sold it or some of them thrown the wallet and now after seeing the price they are crying.

[calkob]

It will be good for bitcoin. Since bitcoin surge to $900, i've seen many news about bitcoin. Some of that are good and some are bad. But this is good advertisement for bitcoin. Reddit is a bigtime forum. Many people will read this so i hope it has a positive effect on the price.

I think that most of the news about this current bull run has been positive, i have seen the mainstream media take a liking to bitcoin over the last 6 months.  i think that most of them are secretly getting some for them selves before the real pump comes.

[PeRo]

Thanks to this post, I just realized that the Bitcoin price is around 900$ right now. I did not really have clue because I was too lazy to check the price lately. Anyway, it is great that it is on the front page of reddit. I wonder how much will the price pump, if it countinues.

[Wind_FURY]

Some snippets from the Reddit thread:

[–]CrashXXL 11 points 9 hours ago*

ITT: Everybody saying nobody knows what Bitcoin really is.

[–]SpontaneousDream 187 points 15 hours ago

A few of the comments here are just painful to read...some people seriously misunderstanding how Bitcoin works and WHY it has value/utility.

[–]lifethrowaway23 1 point 4 hours ago

ITT: Smug comments saying how people have no idea how currency/bitcoin works.

[–]xspacess -3 points 12 hours ago

its like fools gold,no one knows who sets price,what its really worth,how much is about

[–]Gdott -6 points 11 hours ago

I laugh every time I hear people investing in BitCoin.

[–]PleaseBeJokingPlease -10 points 14 hours ago

Only people who care about bitcoins are the people who own them.

Only a moron would fall for the ponzi scheme that is bitcoins.

"Hey man, buy bitcoins and we'll both be rich when the value goes up!!!"

[–]holy_paladin -3 points 8 hours ago

These bitcoin investors have no idea how much they gon lose when we get our first quantum computer in the wrong hands

[–]Yimpish -5 points 7 hours ago

In 2013 a bitcoin was worth easily more than $1000, this just means it's about to drop off again soon.

Damn the similarities to the threads/comments on here are uncanny 

Some of those comments are from the people who have closed their minds on the possibilities and the potential of the technology. Not to mention the potential profits that can be made with it. I admit that back in 2012 when I have first heard about Bitcoin, I was one of the doubters and brushed it off as nothing but a fad. When I saw it rise to $1000 at the end of 2013 I was amazed and vowed not to become closed minded ever again. So now I am here buying Bitcoin whenever there is a "discount".

[U2]

Some snippets from the Reddit thread:

[–]CrashXXL 11 points 9 hours ago*

ITT: Everybody saying nobody knows what Bitcoin really is.

[–]SpontaneousDream 187 points 15 hours ago

A few of the comments here are just painful to read...some people seriously misunderstanding how Bitcoin works and WHY it has value/utility.

[–]lifethrowaway23 1 point 4 hours ago

ITT: Smug comments saying how people have no idea how currency/bitcoin works.

[–]xspacess -3 points 12 hours ago

its like fools gold,no one knows who sets price,what its really worth,how much is about

[–]Gdott -6 points 11 hours ago

I laugh every time I hear people investing in BitCoin.

[–]PleaseBeJokingPlease -10 points 14 hours ago

Only people who care about bitcoins are the people who own them.

Only a moron would fall for the ponzi scheme that is bitcoins.

"Hey man, buy bitcoins and we'll both be rich when the value goes up!!!"

[–]holy_paladin -3 points 8 hours ago

These bitcoin investors have no idea how much they gon lose when we get our first quantum computer in the wrong hands

[–]Yimpish -5 points 7 hours ago

In 2013 a bitcoin was worth easily more than $1000, this just means it's about to drop off again soon.

Damn the similarities to the threads/comments on here are uncanny 

Some of those comments are from the people who have closed their minds on the possibilities and the potential of the technology. Not to mention the potential profits that can be made with it. I admit that back in 2012 when I have first heard about Bitcoin, I was one of the doubters and brushed it off as nothing but a fad. When I saw it rise to $1000 at the end of 2013 I was amazed and vowed not to become closed minded ever again. So now I am here buying Bitcoin whenever there is a "discount".

Lol it sounds like a bunch of old people that would usually sit around and complain about other cultures and what their grandchildren do for fun these days. Just 100% uneducated but trying to make a post about it anyways.

[Lionidas]

I knew it was rising rapidly like never seen before but did not know it was so significant to make reddit turn and post it on their front page.
Now you know it is a special event that is going on.

[jondeen707]

It will be good for bitcoin. Since bitcoin surge to $900, i've seen many news about bitcoin. Some of that are good and some are bad. But this is good advertisement for bitcoin. Reddit is a bigtime forum. Many people will read this so i hope it has a positive effect on the price.

I think that most of the news about this current bull run has been positive, i have seen the mainstream media take a liking to bitcoin over the last 6 months.  i think that most of them are secretly getting some for them selves before the real pump comes.

The mainstream media would write about anything that's trending without giving much thought about it. But they definitely add to the general hype about bitcoin.

[Wind_FURY]

It will be good for bitcoin. Since bitcoin surge to $900, i've seen many news about bitcoin. Some of that are good and some are bad. But this is good advertisement for bitcoin. Reddit is a bigtime forum. Many people will read this so i hope it has a positive effect on the price.

I think that most of the news about this current bull run has been positive, i have seen the mainstream media take a liking to bitcoin over the last 6 months.  i think that most of them are secretly getting some for them selves before the real pump comes.

The mainstream media would write about anything that's trending without giving much thought about it. But they definitely add to the general hype about bitcoin.

You cannot blame them. The mainstream media will write any story and hype it or make it interesting by adding a few ideas of their own here and there. Journalism today is all about the money now just like anything else in life.

[lumeire]

Well the best investment of 2016 isn't necessarily would be the best investment of 2017. This rally built another round of huge expectations for BTCBTCBTC, which may be a bad thing overall.

[Yatsida]

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

[CoinCidental]

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media  reports btc to $1k or Btc partity with gold
we might  see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

[1Referee]

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media  reports btc to $1k or Btc partity with gold
we might  see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

I thought that the mainstream media would also report about Bitcoin reaching $800 and then $900, but it didn't happen. That while when Bitcoin broke through $600 this year for the first time, it was covered on the news. But I must say that $1000 is somewhat of a special price point for the media to report about. I am quite sure that if it is being covered, that there will indeed follow a wave of panic buyers looking to make quick profits. But once things have calmed down, these people will lose out big time as they mostly buy at the peaks. It's called learning an expensive lesson as blindly buying isn't any different from gambling.

[CoinCidental]

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media  reports btc to $1k or Btc partity with gold
we might  see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

I thought that the mainstream media would also report about Bitcoin reaching $800 and then $900, but it didn't happen. That while when Bitcoin broke through $600 this year for the first time, it was covered on the news. But I must say that $1000 is somewhat of a special price point for the media to report about. I am quite sure that if it is being covered, that there will indeed follow a wave of panic buyers looking to make quick profits. But once things have calmed down, these people will lose out big time as they mostly buy at the peaks. It's called learning an expensive lesson as blindly buying isn't any different from gambling.

gambling you always lose,btc is a limited supply so they could easily buy for 1k and still win
just hodl until 10k
big money is trying to get into btc :

http://www.newsbtc.com/2016/12/27/bitfury-and-other-miners-receive-offers-to-buy-mined-bitcoin-in-bulk/

[Mark Frappeles]

Bitcoin above $1000 this year: I believe

[LFC_Bitcoin]

Starting to feel that 'This Is Gentlemen'.

Seriously I think this could be it.

[anonbit992]

I wonder how long the hype will lasts, i'm sure people (non-bitcoiner) will forget bitcoin if the price suddenly crashed.
But, it's not good thing if people still see bad commentary about bitcoin in reddit front page, maybe some people with good explanation skill should explain about bitcoin.

I hope the hype will not last too long and the price just rises 8% a month.

when mainstream media  reports btc to $1k or Btc partity with gold
we might  see absolute panic fever buying ........
a stampede of money that will make todays price seem like chicken feed

I thought that the mainstream media would also report about Bitcoin reaching $800 and then $900, but it didn't happen. That while when Bitcoin broke through $600 this year for the first time, it was covered on the news. But I must say that $1000 is somewhat of a special price point for the media to report about. I am quite sure that if it is being covered, that there will indeed follow a wave of panic buyers looking to make quick profits. But once things have calmed down, these people will lose out big time as they mostly buy at the peaks. It's called learning an expensive lesson as blindly buying isn't any different from gambling.

gambling you always lose,btc is a limited supply so they could easily buy for 1k and still win
just hodl until 10k
big money is trying to get into btc :

http://www.newsbtc.com/2016/12/27/bitfury-and-other-miners-receive-offers-to-buy-mined-bitcoin-in-bulk/

Media all over world is starting to show case bitcoin and I think we should be happy about it. Good to see new people getting interested in bitcoin. I hope they will take the time and the efforts to understand the technology rather than trying to make some quick bucks. Gambling to make bitcoin is dangerous, gambling should be done for entertainment only.

[CoinCidental]

Starting to feel that 'This Is Gentlemen'.

Seriously I think this could be it.

I have no doubts either this or the next bullrun will bring us to $10k..... After that the next one is $100k
It will follow the same S curve everything else does :
https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.d0z16e7sr

[tiggytomb]

If bitcoin hits the $1,000 mark it will grab even more attention, the exposure it is getting recently is great, it was discussed I think on CNBC recently as well.

[alyssa85]

The news has hit the Telegraph as well:

http://www.telegraph.co.uk/technology/2016/12/28/bitcoin-price-record-high-against-pound-euro/

[Gotottack]

Bitcoin will rage over the internet and the local news for sure! Bitcoins has been sky rocketing and beating all expectations everybody is speculating about. We all speculated that it will reach $800 before the year's end, and it did just that before christmas. Then now our next milestone is $1,000 before the end of the year! It's very near and we will get there!