Bitcoin in the last 24 hours

[eddyfly]

Judging by all that and the way they have kept it at 1k. There will be the sell off as soon as the new blood/fomo begins in the next few days. Rinse and repeat.

started already

[winspiral]

Rising up is too fast and being down is too fast . I could not understand what happned in 10 minutes before.
It was down from 1,126$ to 920$ just only 10 minutes. it's unbelievable.

Basically it was because of the sudden rise of prices too. I think this is what they are talking about. This was the correction they are saying that will happen. Looks like it happened too quickly, it happened within ten minutes. I watched this happen on poloniex. It was really scary to see my funds drop by 20% in just that ten minutes.

This was the expected correction but everyone thought that it will break the $1200 old price after that it will crash but same like before touching $1000 it crashed from $950 to $ 870 it went and was roaming in that range for some days and then it bounced back and went up to $1126 but now back the resistance is tested so i think this correction is healthy and if the price stays i this range then next bounce back we can expect the ATH price to be crossed and next all time high price range will be created.

The price should be around $550 (graphically progress since the start...)

[grandy]

Rising up is too fast and being down is too fast . I could not understand what happned in 10 minutes before.
It was down from 1,126$ to 920$ just only 10 minutes. it's unbelievable.

Basically it was because of the sudden rise of prices too. I think this is what they are talking about. This was the correction they are saying that will happen. Looks like it happened too quickly, it happened within ten minutes. I watched this happen on poloniex. It was really scary to see my funds drop by 20% in just that ten minutes.

This was the expected correction but everyone thought that it will break the $1200 old price after that it will crash but same like before touching $1000 it crashed from $950 to $ 870 it went and was roaming in that range for some days and then it bounced back and went up to $1126 but now back the resistance is tested so i think this correction is healthy and if the price stays i this range then next bounce back we can expect the ATH price to be crossed and next all time high price range will be created.

yes the correction is expected but still there is strong support to the price if bitcoin, within house i saw the price fell down to 830 and now trading about 990 again. how price is going to cross its all time high price.

[GMPoison]

Rising up is too fast and being down is too fast . I could not understand what happned in 10 minutes before.
It was down from 1,126$ to 920$ just only 10 minutes. it's unbelievable.

Basically it was because of the sudden rise of prices too. I think this is what they are talking about. This was the correction they are saying that will happen. Looks like it happened too quickly, it happened within ten minutes. I watched this happen on poloniex. It was really scary to see my funds drop by 20% in just that ten minutes.

This was the expected correction but everyone thought that it will break the $1200 old price after that it will crash but same like before touching $1000 it crashed from $950 to $ 870 it went and was roaming in that range for some days and then it bounced back and went up to $1126 but now back the resistance is tested so i think this correction is healthy and if the price stays i this range then next bounce back we can expect the ATH price to be crossed and next all time high price range will be created.

The price should be around $550 (graphically progress since the start...)

It was doing just fine right up until $800 when it hopped on a rocket, $550 would be quite low for it to drop to.

[Mr.grin]

Well, I think the price of bitcoin today as well as a roller coaster. bitcoin prices rose to the height in less than 24 hours, and after a lot of people who hold their bitcoin, in the hope that prices will be higher bitcoin. but, in less than 24 hours as well, bitcoin prices back down almost 30%, but the current prices can still be said to be high.

[South Park]

Rising up is too fast and being down is too fast . I could not understand what happned in 10 minutes before.
It was down from 1,126$ to 920$ just only 10 minutes. it's unbelievable.

Basically it was because of the sudden rise of prices too. I think this is what they are talking about. This was the correction they are saying that will happen. Looks like it happened too quickly, it happened within ten minutes. I watched this happen on poloniex. It was really scary to see my funds drop by 20% in just that ten minutes.

This was the expected correction but everyone thought that it will break the $1200 old price after that it will crash but same like before touching $1000 it crashed from $950 to $ 870 it went and was roaming in that range for some days and then it bounced back and went up to $1126 but now back the resistance is tested so i think this correction is healthy and if the price stays i this range then next bounce back we can expect the ATH price to be crossed and next all time high price range will be created.

The price should be around $550 (graphically progress since the start...)

It was doing just fine right up until $800 when it hopped on a rocket, $550 would be quite low for it to drop to.

That would be low, but it will give us the chance to buy bitcoin at very cheap prices if it happen, I don't see a reason why it should get that low, but even if if reached 700 that would still be a good moment to buy bitcoin.

[mobnepal]

Well, I think the price of bitcoin today as well as a roller coaster. bitcoin prices rose to the height in less than 24 hours, and after a lot of people who hold their bitcoin, in the hope that prices will be higher bitcoin. but, in less than 24 hours as well, bitcoin prices back down almost 30%, but the current prices can still be said to be high.

I see current dump as correction which was triggered by chinese rumor which will be temporary for sure. Any price below $1000 right now seem good point to buy back if you have sold it when it was at peak before or to bag hold more.

The one who will panic in this type of correction will eventually giveaway their bitcoin to whales at very cheap price.

[uneng]

Well, I think the price of bitcoin today as well as a roller coaster. bitcoin prices rose to the height in less than 24 hours, and after a lot of people who hold their bitcoin, in the hope that prices will be higher bitcoin. but, in less than 24 hours as well, bitcoin prices back down almost 30%, but the current prices can still be said to be high.

It's exactly what you said, a roller coaster. Wild rollre coaster, many surprises and emotions. Right now the price is dropping like a inversed rocket as bitcoiners here like to say. The chart is almost on vertical, powerful drop!
Now everyone is desesperate, they are going to sell the bitcoins afraid to lose money. Let's see when it will stop and stable again.

[acroman08]

In the last 24 hours only , bitcoin has been mentioned by the most known and big blogs + news sites !

BBC news : http://www.bbc.com/news/business-38495804
Wired :  http://www.wired.co.uk/article/bitcoin-reaches-new-high
The Register : http://www.theregister.co.uk/2017/01/03/bitcoin_breaks_us1000/
The Guardian : https://www.theguardian.com/technology/2017/jan/02/bitcoin-tops-1000-for-first-time-in-three-years-as-2017-trading-begins
CNBC : http://www.cnbc.com/2017/01/02/bitcoin-breaks-1000-level-highest-in-more-than-3-years.html
Quartz : http://qz.com/875391/bitcoins-bull-run-faces-one-gigantic-question-mark-heading-into-2017/
EuroNews : http://www.euronews.com/2017/01/02/bitcoin-celebrates-new-year-with-surge-in-value
MarketWatch : http://www.marketwatch.com/story/bitcoin-hits-milestone-of-1000-as-2017-begins-2017-01-02
Jakarta Post : http://www.thejakartapost.com/news/2017/01/03/bitcoin-penetrates-deeper-into-indonesian-market.html
Business Insider : http://www.businessinsider.com/china-behind-latest-bitcoin-craze-2016-12

I was never more optimistic about the future of bitcoin more then now personally. I do know that there still some issues that needs solutions but I guess we will eventually get there. Your thoughts ?

Well, I think most of the blogs/news sites talks about bitcoin reaching 1kUSD which is hard not to notice.
this kind of publicity puts bitcoin in a goods spot, people will become more aware of the existence of bitcoin
and may be intrigued about the price of it. a lot of things will happen this 2017 and more people will watch
the progress of bitcoin.

[Bitcoinsummoner]

Well, I think the price of bitcoin today as well as a roller coaster. bitcoin prices rose to the height in less than 24 hours, and after a lot of people who hold their bitcoin, in the hope that prices will be higher bitcoin. but, in less than 24 hours as well, bitcoin prices back down almost 30%, but the current prices can still be said to be high.

It's exactly what you said, a roller coaster. Wild rollre coaster, many surprises and emotions. Right now the price is dropping like a inversed rocket as bitcoiners here like to say. The chart is almost on vertical, powerful drop!
Now everyone is desesperate, they are going to sell the bitcoins afraid to lose money. Let's see when it will stop and stable again.

For those newbie they are thinking that they will lose but honestly the price movement of bitcoin right now is normal if you compare to last year and 2015 movement they have same movement of the price.. honestly this is also the trending topic when the price is high and crashed after new year..
Just like what happen right now..

[BitcoinPanther]

Well, I think the price of bitcoin today as well as a roller coaster. bitcoin prices rose to the height in less than 24 hours, and after a lot of people who hold their bitcoin, in the hope that prices will be higher bitcoin. but, in less than 24 hours as well, bitcoin prices back down almost 30%, but the current prices can still be said to be high.

It's exactly what you said, a roller coaster. Wild rollre coaster, many surprises and emotions. Right now the price is dropping like a inversed rocket as bitcoiners here like to say. The chart is almost on vertical, powerful drop!
Now everyone is desesperate, they are going to sell the bitcoins afraid to lose money. Let's see when it will stop and stable again.

For those newbie they are thinking that they will lose but honestly the price movement of bitcoin right now is normal if you compare to last year and 2015 movement they have same movement of the price.. honestly this is also the trending topic when the price is high and crashed after new year..
Just like what happen right now..

As expected. A drop more people called it a correction after a steep incline in price is normal. You have seen this kind of movement in Bitcoin last month.  If I am not mistaken, i think there are 2 drops after it breaks $900 before bitcoin breaks $1000 barrier.  So many people say that bitcoin surge this last few days are too steep and it will more likely to be going down and its happening.  Thus best time for whales to accumulate again before pushing Bitcoin to new ATH. 

[jack1111]

Some countries are going to put a lot of constrains on sending money outside them, that made people going towards Bitcoin, and the famous social media can not ignore this movement.

[vk279]

Well, I think the price of bitcoin today as well as a roller coaster. bitcoin prices rose to the height in less than 24 hours, and after a lot of people who hold their bitcoin, in the hope that prices will be higher bitcoin. but, in less than 24 hours as well, bitcoin prices back down almost 30%, but the current prices can still be said to be high.

I see current dump as correction which was triggered by chinese rumor which will be temporary for sure. Any price below $1000 right now seem good point to buy back if you have sold it when it was at peak before or to bag hold more.

The one who will panic in this type of correction will eventually giveaway their bitcoin to whales at very cheap price.

I absolutely agree with you.  It is just going to be very temporary and will go right back to high soon as too many people will be waiting to jump in.

[Factmine]

Rising up is too fast and being down is too fast . I could not understand what happned in 10 minutes before.
It was down from 1,126$ to 920$ just only 10 minutes. it's unbelievable.

Basically it was because of the sudden rise of prices too. I think this is what they are talking about. This was the correction they are saying that will happen. Looks like it happened too quickly, it happened within ten minutes. I watched this happen on poloniex. It was really scary to see my funds drop by 20% in just that ten minutes.

This was the expected correction but everyone thought that it will break the $1200 old price after that it will crash but same like before touching $1000 it crashed from $950 to $ 870 it went and was roaming in that range for some days and then it bounced back and went up to $1126 but now back the resistance is tested so i think this correction is healthy and if the price stays i this range then next bounce back we can expect the ATH price to be crossed and next all time high price range will be created.

It's really unstable now. Prices drops and rises within $900 and $1,000. Not really going below $900 too much, just reaching around $870 and not really going above $1,000. It's very confusing to decide whether to sell or not at this point. Probably, I'll just hold and see what happens. I just hope it going back to $1,100 and above.

[LovelyPrey]

Rising up is too fast and being down is too fast . I could not understand what happned in 10 minutes before.
It was down from 1,126$ to 920$ just only 10 minutes. it's unbelievable.

Basically it was because of the sudden rise of prices too. I think this is what they are talking about. This was the correction they are saying that will happen. Looks like it happened too quickly, it happened within ten minutes. I watched this happen on poloniex. It was really scary to see my funds drop by 20% in just that ten minutes.

This was the expected correction but everyone thought that it will break the $1200 old price after that it will crash but same like before touching $1000 it crashed from $950 to $ 870 it went and was roaming in that range for some days and then it bounced back and went up to $1126 but now back the resistance is tested so i think this correction is healthy and if the price stays i this range then next bounce back we can expect the ATH price to be crossed and next all time high price range will be created.

It's really unstable now. Prices drops and rises within $900 and $1,000. Not really going below $900 too much, just reaching around $870 and not really going above $1,000. It's very confusing to decide whether to sell or not at this point. Probably, I'll just hold and see what happens. I just hope it going back to $1,100 and above.

So confusing though..
I hope it increases to 1k again.
so i can make some trading

[Strongkored]

Today the price is more stable than yesterday, and i think many Media only focused about the price rather than the Bitcoin uniqueness.

I hope someday Media will be bring news about the uniqueness, about blockchain technology and what Bitcoin being offered to the Online world and what benefit if people start to use Bitcoin for online payment and keeping it for a future system.

[Seeker#9]

Back to normal again for the bitcoin with some gains. Maybe it just a break from its seemingly  non stop climb but the demand remains strong according to some experts.

[johnnyyash]

In the last 24 hours only , bitcoin has been mentioned by the most known and big blogs + news sites !

BBC news : http://www.bbc.com/news/business-38495804
Wired :  http://www.wired.co.uk/article/bitcoin-reaches-new-high
The Register : http://www.theregister.co.uk/2017/01/03/bitcoin_breaks_us1000/
The Guardian : https://www.theguardian.com/technology/2017/jan/02/bitcoin-tops-1000-for-first-time-in-three-years-as-2017-trading-begins
CNBC : http://www.c[Suspicious link removed]m/2017/01/02/bitcoin-breaks-1000-level-highest-in-more-than-3-years.html
Quartz : http://qz.com/875391/bitcoins-bull-run-faces-one-gigantic-question-mark-heading-into-2017/
EuroNews : http://www.euronews.com/2017/01/02/bitcoin-celebrates-new-year-with-surge-in-value
MarketWatch : http://www.marketwatch.com/story/bitcoin-hits-milestone-of-1000-as-2017-begins-2017-01-02
Jakarta Post : http://www.thejakartapost.com/news/2017/01/03/bitcoin-penetrates-deeper-into-indonesian-market.html
Business Insider : http://www.businessinsider.com/china-behind-latest-bitcoin-craze-2016-12

I was never more optimistic about the future of bitcoin more then now personally. I do know that there still some issues that needs solutions but I guess we will eventually get there. Your thoughts ?

This attention of bitcoin will make price and the future of bitcoin keep rising up.
Once the bitcoin community is widely open so bitcoin will become the best payment method in the future.

I secondly agree with u.....Bitcoin will soon become best of the best known globally

[kumax]

It's really unstable now. Prices drops and rises within $900 and $1,000. Not really going below $900 too much, just reaching around $870 and not really going above $1,000. It's very confusing to decide whether to sell or not at this point. Probably, I'll just hold and see what happens. I just hope it going back to $1,100 and above.

So many emotions on the market right now. 
Bitcoin is in a rollercoaster since yesterday, but you can already see, that today the hops and drops are less extreme and more stable.
I wouldn't sell your coins at the moment, if you didn't sell them two days ago, now you should definitely hold them.

[Factmine]

Rising up is too fast and being down is too fast . I could not understand what happned in 10 minutes before.
It was down from 1,126$ to 920$ just only 10 minutes. it's unbelievable.

Basically it was because of the sudden rise of prices too. I think this is what they are talking about. This was the correction they are saying that will happen. Looks like it happened too quickly, it happened within ten minutes. I watched this happen on poloniex. It was really scary to see my funds drop by 20% in just that ten minutes.

This was the expected correction but everyone thought that it will break the $1200 old price after that it will crash but same like before touching $1000 it crashed from $950 to $ 870 it went and was roaming in that range for some days and then it bounced back and went up to $1126 but now back the resistance is tested so i think this correction is healthy and if the price stays i this range then next bounce back we can expect the ATH price to be crossed and next all time high price range will be created.

It's really unstable now. Prices drops and rises within $900 and $1,000. Not really going below $900 too much, just reaching around $870 and not really going above $1,000. It's very confusing to decide whether to sell or not at this point. Probably, I'll just hold and see what happens. I just hope it going back to $1,100 and above.

So confusing though..
I hope it increases to 1k again.
so i can make some trading

Yep, now it's back to $930 and it looks like it will be stabilizing at this level for quite some time. I just hope it does stabilize and not be jumping up and down by a big margin. That would make it too volatile to even use it. It would be hard to price things when the currency is fluctuating in prices. A stable $1,000 price level is what I want to see.