Bitcoin in the last 24 hours

[jingyu]

I also read about these noise online before the 2016 ended just as when I was about to take it slow with bitcoins. I know this is not just one of those internet hypes because I do believe in the potential of this coin. Looking back, everyone on this forum is already so engaged with bitcoins even before the media took notice. I guess we should all be glad we are here early.

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[tusziget]

I think Bitcoin has been mentioned on big sites because has aroused a huge curiosity due to the fact that the Bitcoins price has reached an incredible value in a short period of time:$1150.And only within a month.I have also seen  on many sites last month, people asking about Bitcoin and how to acquire Bitcoins.So,it is no surprise to me that Bitcoin is in the center of articles on many famous blogs and sites.This way Bitcoin will be more known around the world and till now who had no idea what Bitcoin is has the possibility to  find out more about cryptocurrencies and starting to want to invest in Bitcoins through work online or buying them via fiat.

[lumeire]

If it falls down even more, BTCBTCBTC will probably again hit the news and labeled 'worst mistake' or something in the line of that. We've been here.

[traderethereum]

when the price is reach $1100, i heard that many new paper give the article about this and they make controversial news that said bitcoin is a new investment, bitcoin is only for illegal transaction, and many other news. i think there is a bad and a good things here that we can learn from the news itself and i am sure that bitcoin will make people realize about the existence of bitcoin.

[KennyR]

The price was found quite low around $830, which is now increasing gradually and getting close to $870. Possibly the price might grow over $900 by the days to come. The next peak price increase might take place by the year end.

[Blitzboy]

The price was found quite low around $830, which is now increasing gradually and getting close to $870. Possibly the price might grow over $900 by the days to come. The next peak price increase might take place by the year end.

Well it will reach the price of $900 again in the next few days. And with this gradually increasing trend, I think bitcoin would have a dramatic rise just in a few more months. Because after it peaked $1100 a few days ago, many newspapers have talked about this historical event and as a result of this, it seems to me that there has been a minority of people started to look into bitcoin and become new members of this bitcoin world. And luckily, most of these articles are positive so we can look forward to a brighter future of bitcoin.

[South Park]

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.

Buying just bellow 1000 does not seem the right choice right now markets tend to over correct, so it is very possible the price is going to get a lot lower than that, so if you bought bitcoin right now you may be in the red for a lot of time.

For now i seen more people are trying to sell in the market i just using bitcoinwisdom for analysis and i saw more reds are coming but many people are still buying in bitcoin and pushing the price into high .. i saw the price later it hits to $897 and sooner or later the price is increase again into $910 and i think it will increase more soon..but the problem there a huge downfall this days or few minutes ago.. but i am still believe that the price will increase back soon..

If you are a trader then you can time your entry and exit point with better accuracy than most of us but for the average user that just wants to invest log time in bitcoin the price still seems high and so it could be better to wait a little bit more.

[CraigWrightBTC]

when the price is reach $1100, i heard that many new paper give the article about this and they make controversial news that said bitcoin is a new investment, bitcoin is only for illegal transaction, and many other news. i think there is a bad and a good things here that we can learn from the news itself and i am sure that bitcoin will make people realize about the existence of bitcoin.

I think, I have got the point what was you said about the bitcoins in news,
If your point is doing analysis fundamental with taking data from media, i don't too agree because of sometime the media giving invalid data and using analysis fundamental for making prediction price needs long time,
the most commons method for prediction of price is analysis technical.