Price climbing fast again

[OrangeII]

soon bitcoin prices will actually reach $ 1,100. Well, this is an increase faster than in previous years. I believe that this will not stop here. bitcoin probably will reach a price of $ 1500, and then stabilized in a few months

[azguard]

soon bitcoin prices will actually reach $ 1,100. Well, this is an increase faster than in previous years. I believe that this will not stop here. bitcoin probably will reach a price of $ 1500, and then stabilized in a few months

Reaching 1500 is achievable for this year cuz year started we will finish February soon and we made progress in price, moving forward, in the end we all want that. Dont expect to see price goes down so much but this price you mentioned expect to see any time this year.

[upsidedown75]

soon bitcoin prices will actually reach $ 1,100. Well, this is an increase faster than in previous years. I believe that this will not stop here. bitcoin probably will reach a price of $ 1500, and then stabilized in a few months

Reaching 1500 is achievable for this year cuz year started we will finish February soon and we made progress in price, moving forward, in the end we all want that. Dont expect to see price goes down so much but this price you mentioned expect to see any time this year.

After seeing current rapid progress of bitcoin prices, I am expecting $2000 levels in very short term itself. I believe $1500 will be possible before end of March 2017 itself. Market volume witness enough investors even China got regulated heavily. With exponential price movements possibilities, I am very much sure fast climbing again about to happen.

[Zadicar]

soon bitcoin prices will actually reach $ 1,100. Well, this is an increase faster than in previous years. I believe that this will not stop here. bitcoin probably will reach a price of $ 1500, and then stabilized in a few months

Reaching 1500 is achievable for this year cuz year started we will finish February soon and we made progress in price, moving forward, in the end we all want that. Dont expect to see price goes down so much but this price you mentioned expect to see any time this year.

After seeing current rapid progress of bitcoin prices, I am expecting $2000 levels in very short term itself. I believe $1500 will be possible before end of March 2017 itself. Market volume witness enough investors even China got regulated heavily. With exponential price movements possibilities, I am very much sure fast climbing again about to happen.

Price increase rally already building the hype now on bitcoin which most bitcoin users are hoping on reaching on $2k price but on my own view its really high to consider since im just expecting on reaching out 1.4 on this year who knows if bitcoin would go over that point.

[deisik]

soon bitcoin prices will actually reach $ 1,100. Well, this is an increase faster than in previous years. I believe that this will not stop here. bitcoin probably will reach a price of $ 1500, and then stabilized in a few months

Reaching 1500 is achievable for this year cuz year started we will finish February soon and we made progress in price, moving forward, in the end we all want that. Dont expect to see price goes down so much but this price you mentioned expect to see any time this year.

After seeing current rapid progress of bitcoin prices, I am expecting $2000 levels in very short term itself. I believe $1500 will be possible before end of March 2017 itself. Market volume witness enough investors even China got regulated heavily. With exponential price movements possibilities, I am very much sure fast climbing again about to happen.

Price increase rally already building the hype now on bitcoin which most bitcoin users are hoping on reaching on $2k price but on my own view its really high to consider since im just expecting on reaching out 1.4 on this year who knows if bitcoin would go over that point

The max price (aka ATH) is indeed important

But we shouldn't evidently forget about consistency. Long-term it may be even more important for Bitcoin that first maxing out and then plunging twice in price. Really, if the price spikes to 2,000 dollars per coin and then collapses to 500 dollars (this is an unlikely event but still not completely impossible), what will be the net effect of that huge price swing? As to me, if Bitcoin continues to rise slowly but surely with minor corrections, that will be a much better course of events

[Victorycoin]

soon bitcoin prices will actually reach $ 1,100. Well, this is an increase faster than in previous years. I believe that this will not stop here. bitcoin probably will reach a price of $ 1500, and then stabilized in a few months

Reaching 1500 is achievable for this year cuz year started we will finish February soon and we made progress in price, moving forward, in the end we all want that. Dont expect to see price goes down so much but this price you mentioned expect to see any time this year.

After seeing current rapid progress of bitcoin prices, I am expecting $2000 levels in very short term itself. I believe $1500 will be possible before end of March 2017 itself. Market volume witness enough investors even China got regulated heavily. With exponential price movements possibilities, I am very much sure fast climbing again about to happen.

Price increase rally already building the hype now on bitcoin which most bitcoin users are hoping on reaching on $2k price but on my own view its really high to consider since im just expecting on reaching out 1.4 on this year who knows if bitcoin would go over that point.

Today price made a new high of $1,111.76, presently it is at $1,100.13 at Coindesk. I gladly sold some bit of my coins just to take some profit and hopefully will buy more after a retracement and a signal to buy shows up.

Something very outstanding and going for Bitcoin is the fact that it is beyond the control of any government and so when any government tries to impose itself on it, we're seeing Bitcoin taking the hit and bouncing back in a short while. That is the exact scenario now playing out after the jolt in January, by the PBoC and for that, significant volume of trade have had to leave China for Japan. More or less like demonstrating Le Chatelier's principle holds true not only in Chemistry, but also in FinTech.
 

Le Châtelier's principle, chemical principle that states that if a system in equilibrium is disturbed by changes in determining factors, such as temperature, pressure, and concentration of components, the system will tend to shift its equilibrium position so as to counteract the effect of the disturbance

[SHAWN-MIDWAYS]

Prices raising fast and furious in spite of the PBOC speed bump and this might be attributed to investor confidence ahead of the Winklevoss Bitcoin ETF. Looking forward to going over  $2k.

[mtwelve]

Prices raising fast and furious in spite of the PBOC speed bump and this might be attributed to investor confidence ahead of the Winklevoss Bitcoin ETF. Looking forward to going over  $2k.

We can only hope. I'd be fine with over $1200 honestly. That will mean new ATH for some, and little past that will be a definitive new ATH. Once we start hitting new ATH's, it'll be just a matter of time until we come back down, so I'm going to start liquidating past $1200 or $1300 I think. 

[deisik]

Something very outstanding and going for Bitcoin is the fact that it is beyond the control of any government and so when any government tries to impose itself on it, we're seeing Bitcoin taking the hit and bouncing back in a short while. That is the exact scenario now playing out after the jolt in January, by the PBoC and for that, significant volume of trade have had to leave China for Japan. More or less like demonstrating Le Chatelier's principle holds true not only in Chemistry, but also in FinTech.
 

Le Châtelier's principle, chemical principle that states that if a system in equilibrium is disturbed by changes in determining factors, such as temperature, pressure, and concentration of components, the system will tend to shift its equilibrium position so as to counteract the effect of the disturbance

We have yet to see that

If this principle stands when Trump outright bans Bitcoin in his fight with terrorism and terrorism financing as some folks are expecting him to do in the possible future. As to me, that would be an ultimate test for Bitcoin resilience to external stress (only universal banning of Bitcoin through the Security Council of the UN would likely be above that). So far Bitcoin has been withstanding such impacts pretty well, but I have always been saying that if Bitcoin is set to die it will be due to internal factors, not through external influence

[HarryKPeters]

Prices raising fast and furious in spite of the PBOC speed bump and this might be attributed to investor confidence ahead of the Winklevoss Bitcoin ETF. Looking forward to going over  $2k.

We can only hope. I'd be fine with over $1200 honestly. That will mean new ATH for some, and little past that will be a definitive new ATH. Once we start hitting new ATH's, it'll be just a matter of time until we come back down, so I'm going to start liquidating past $1200 or $1300 I think. 

I hope we will see 1200 dollar but it may be that we will not go above 1200 dollar. All is in the hands of the bitcoin ETF.
I read on coinbase.com that it even might that the price we see now is with a succesful ETF included.

[LLec]

Prices raising fast and furious in spite of the PBOC speed bump and this might be attributed to investor confidence ahead of the Winklevoss Bitcoin ETF. Looking forward to going over  $2k.

We can only hope. I'd be fine with over $1200 honestly. That will mean new ATH for some, and little past that will be a definitive new ATH. Once we start hitting new ATH's, it'll be just a matter of time until we come back down, so I'm going to start liquidating past $1200 or $1300 I think. 

It sure doesn't look like it will slowing up anytime soon.
It has infact been holding well for the last 24 hours and I am quite surprised in this when I woke up a while ago.
Because as we seen from last time this happened when it reached above $1100, it immediately slide back down, hard!
All the way down to $752 as another poster said above regarding that episode 3 weeks ago.

[Victorycoin]

Something very outstanding and going for Bitcoin is the fact that it is beyond the control of any government and so when any government tries to impose itself on it, we're seeing Bitcoin taking the hit and bouncing back in a short while. That is the exact scenario now playing out after the jolt in January, by the PBoC and for that, significant volume of trade have had to leave China for Japan. More or less like demonstrating Le Chatelier's principle holds true not only in Chemistry, but also in FinTech.
 

Le Châtelier's principle, chemical principle that states that if a system in equilibrium is disturbed by changes in determining factors, such as temperature, pressure, and concentration of components, the system will tend to shift its equilibrium position so as to counteract the effect of the disturbance

We have yet to see that

If this principle stands when Trump outright bans Bitcoin in his fight with terrorism and terrorism financing as some folks are expecting him to do in the possible future. As to me, that would be an ultimate test for Bitcoin resilience to external stress (only universal banning of Bitcoin through the Security Council of the UN would likely be above that). So far Bitcoin has been withstanding such impacts pretty well, but I have always been saying that if Bitcoin is set to die it will be due to internal factors, not through external influence

I don't see Donald Trump banning Bitcoin because that would not support the greater America he has in mind. Guess he understands what China stands to benefit in a situation like that. Having Bitcoin supporters in his cabinet is another pointer, he might not be quite vocal about a ban on Bitcoin.

A recent news however about a 10% increase in budget for defense is indirectly a wind behind the sail of Bitcoin, because those $54 billion dollars are going to come from thin air and then worsen the inflation dilemma the dollar is already having and then the race to Bitcoin as save haven would simply continue.

[ontrackk]

Price was stable for some time and dont see anything that it will impact for price to go high, at least not at the moment.
Yes we have price to go down and comes back up but this is still normal dont expect to see anything in following week or two, no major event that will trigger price change, but it dont need to be that price wont go up. Just for me at the moment i dont see some indicators for that.

no major event? in just over 2 weeks we will see whether or not the etf from the winkies will get approved. i consider this to be a huge event that might boost the price over the current all time high within 2 months. that's why i keep holding my coins firmly to see where the price is heading to next month. if it doesn't get approved, then prepare for a deep and solid dump.

i don't agree on both cases
if it is approved, that will only create some FOMO situation in the market and temporarily cause a jump that i don't think is going to be big, although we may finally see stable price above $1100 after the FOMO ended and correction happened.

and if it is not approved, again nothing is going to change, there will be PANIC selling temporarily causing some drops and again we will be back to where we started. and again we may see whales accumulate more in the prices and price may go above $1100 again and get stable there.

Worst case scenario is that when the panic sells get momentum. Weak hands begets other weak hands. It can crash the price down in hours

Obviously, this is no longer the case

We had seen the price crash to 750 dollars per coin, and so what? Those who were lucky to buy bitcoins anywhere below 800 dollars profited tremendously just a few weeks later. Last time the price went down only to a little below 950 dollars, and I guess the next time it will hardly plunge below 1,000 dollars mark. In short, there are no more weak hands left. Unless we witness some devastating event (I don't really know what it could be), any price decline will be considered as the opportunity to buy "cheap" bitcoins

it could be anything, it could be a few whales selling their bitcoins at the same time what would cause a massive panic dump by the ordinary people and the price would go down again to like 800 - 900 dollars per coin, bitcoin price is volatile and you don't need a lot of efforts to make it drop or grow at a rapid pace.

Prices raising fast and furious in spite of the PBOC speed bump and this might be attributed to investor confidence ahead of the Winklevoss Bitcoin ETF. Looking forward to going over  $2k.

bitcoin is not going to reach 2000 dollars per coin any time soon get over it, the price would need to nearly double what is achievable in a few years only from now on when adoption is so big.

Prices raising fast and furious in spite of the PBOC speed bump and this might be attributed to investor confidence ahead of the Winklevoss Bitcoin ETF. Looking forward to going over  $2k.

We can only hope. I'd be fine with over $1200 honestly. That will mean new ATH for some, and little past that will be a definitive new ATH. Once we start hitting new ATH's, it'll be just a matter of time until we come back down, so I'm going to start liquidating past $1200 or $1300 I think. 

It sure doesn't look like it will slowing up anytime soon.
It has infact been holding well for the last 24 hours and I am quite surprised in this when I woke up a while ago.
Because as we seen from last time this happened when it reached above $1100, it immediately slide back down, hard!
All the way down to $752 as another poster said above regarding that episode 3 weeks ago.

it is still holding not for a really long time and I wouldn't be too confident that it is going to be over 1000 dollars for at least a month, I mean it looks for me like it is just another pump that will make the price drop in a few weeks.

[lionheart78]

Obviously, this is no longer the case

We had seen the price crash to 750 dollars per coin, and so what? Those who were lucky to buy bitcoins anywhere below 800 dollars profited tremendously just a few weeks later. Last time the price went down only to a little below 950 dollars, and I guess the next time it will hardly plunge below 1,000 dollars mark. In short, there are no more weak hands left. Unless we witness some devastating event (I don't really know what it could be), any price decline will be considered as the opportunity to buy "cheap" bitcoins

it could be anything, it could be a few whales selling their bitcoins at the same time what would cause a massive panic dump by the ordinary people and the price would go down again to like 800 - 900 dollars per coin, bitcoin price is volatile and you don't need a lot of efforts to make it drop or grow at a rapid pace.

Not if there is a strong hype coming around.  But I do agree whales can create a panic by attacking the minds of holders, capitalizing on the bad press and spreading FUD about bitcoin and an act of fake dump which can trigger weaker hands to sell due to panic.

Prices raising fast and furious in spite of the PBOC speed bump and this might be attributed to investor confidence ahead of the Winklevoss Bitcoin ETF. Looking forward to going over  $2k.

bitcoin is not going to reach 2000 dollars per coin any time soon get over it, the price would need to nearly double what is achievable in a few years only from now on when adoption is so big.

At this point there is a bigger chance for Bitcoin to reach $2000 at earlier stage if ever ETF is approved.  Think of the big funds coming in and the add on invester that will be influenced on that event.

[deisik]

A recent news however about a 10% increase in budget for defense is indirectly a wind behind the sail of Bitcoin, because those $54 billion dollars are going to come from thin air and then worsen the inflation dilemma the dollar is already having and then the race to Bitcoin as save haven would simply continue

Again, that remains to be seen

Trump has also said he is going to constrain as well as eventually diminish the US national debt, and he bragged just about that after a month of being the US president when the debt declined somewhat. Since the US budget deficit has been mostly financed via debt during the last years, a 10% increase in military spending basically means a cutdown in other expenditures (e.g. Social Security) if Donald is really going to curtail debt. But less debt means less dollars (i.e. higher value)

[virusasog]

A recent news however about a 10% increase in budget for defense is indirectly a wind behind the sail of Bitcoin, because those $54 billion dollars are going to come from thin air and then worsen the inflation dilemma the dollar is already having and then the race to Bitcoin as save haven would simply continue

Again, that remains to be seen

Trump has also said he is going to constrain as well as eventually diminish the US national debt, and he bragged just about that after a month of being the US president when the debt declined somewhat. Since the US budget deficit has been mostly financed via debt during the last years, a 10% increase in military spending basically means a cutdown in other expenditures (e.g. Social Security) if Donald is really going to curtail debt. But less debt means less dollars (i.e. higher value)

 What's the case here, are you saying is involves in the price bump of bitcoin. I thought it may happened because of the adoption is moving more to bitcoin. Then demand is going more bitcoin nowadays. Clarify the information.

[deisik]

A recent news however about a 10% increase in budget for defense is indirectly a wind behind the sail of Bitcoin, because those $54 billion dollars are going to come from thin air and then worsen the inflation dilemma the dollar is already having and then the race to Bitcoin as save haven would simply continue

Again, that remains to be seen

Trump has also said he is going to constrain as well as eventually diminish the US national debt, and he bragged just about that after a month of being the US president when the debt declined somewhat. Since the US budget deficit has been mostly financed via debt during the last years, a 10% increase in military spending basically means a cutdown in other expenditures (e.g. Social Security) if Donald is really going to curtail debt. But less debt means less dollars (i.e. higher value)

 What's the case here, are you saying is involves in the price bump of bitcoin. I thought it may happened because of the adoption is moving more to bitcoin. Then demand is going more bitcoin nowadays. Clarify the information

What is not clear in my post?

The poster I replied to meant to say that Trump is going to increase military expenses. If other budget expenditures remain the same and there are no additional sources of income (e.g. from taxes raised), the only way to finance these new expenses would be through printing new money (i.e. increasing debt). That basically means devaluation of the US dollar and Bitcoin growth (since people would pour their money from dollars into Bitcoin). But Trump said that he is going to bring down the US national debt, so the only way to finance war is through cutting down on other expenses (e.g. social expenditures)

[Dr.Osh]

in preev, the current price of bitcoin really reach $ 1,200 price. I think this is a good start to the month of March. Well, let's hope that when the end of the month will end with bitcoin prices reached $ 1,300. may rise to $ 100 on each month is a very fast rise.

[travwill]

Man, I believe we are headed up for good now after this many years.  I picked up another 1 BTC just now and it was a bit painful buying at the $1200 level but felt great still as well securing another full coin ultimately "early" still overall.

[bitbunnny]

The price is on the strong way up for a loner time now, the demand is big so for Bitcoin owners situation looks good. 1200$ is crossed and it seems this is not the top, price keeps going up. Excellent situation for Bitcoins holders. Some smaller correction/dump is logical to expect but not bigger price falls are on horizont.