agustina2
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February 06, 2017, 01:36:05 PM |
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One of the good indicators of bitcoin making progress is the fact that we are staying at 1000+ for days now and everytime we approach 1000, it goes up again. Doubters seem to be getting nervous and they are getting in when it gets close to 1000.
So we hit a new record? We have been at 1000+ since Feb 2th.
More better if the price will able to stand at that point for months, I mean is there a chance to say goodbye for 3 digits now and think that we can considered a bottom at 4 digits? Sounds kinda hard at the moment but it's possible, isn't it? It's kinda difficult to think that hard dump will follow since it was always accompanied by hard pump but take it serioulsy. Gotta watch closely the price now with the behaviour like that.
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jakelyson
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February 06, 2017, 02:35:10 PM |
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It hasn't stayed over $1000 entirely, but it's good to see the the price remain over $1000 for a while. People have to adapt to seeing the price at these levels as they were used to levels a few hundred $ lower. It will take time before people gain enough confidence to support these levels. I wouldn't be surprised if the price happens to fall back below $1000 again. Price range should be somewhere between $900 and $1100 in the coming weeks.
Look again. Bitcoin has been $1000+ since February 3, so that's 3 days in a row. They tried to crash the price below $1000 in several occasions (notice the sudden dips) and they failed to bring it below $1000, it was close but it quickly goes up again. $1000 is becoming the new floor. It would be really nice if 1000 becomes the new floor. It is very possible since it took quite a time before we reach this level organically. There were times were the price was pumped to reached 1000 but now it inched its way to it.
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zimmah
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February 06, 2017, 03:09:51 PM |
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It hasn't stayed over $1000 entirely, but it's good to see the the price remain over $1000 for a while. People have to adapt to seeing the price at these levels as they were used to levels a few hundred $ lower. It will take time before people gain enough confidence to support these levels. I wouldn't be surprised if the price happens to fall back below $1000 again. Price range should be somewhere between $900 and $1100 in the coming weeks.
Look again. Bitcoin has been $1000+ since February 3, so that's 3 days in a row. They tried to crash the price below $1000 in several occasions (notice the sudden dips) and they failed to bring it below $1000, it was close but it quickly goes up again. $1000 is becoming the new floor. It would be really nice if 1000 becomes the new floor. It is very possible since it took quite a time before we reach this level organically. There were times were the price was pumped to reached 1000 but now it inched its way to it. Yes this is about the slowest rise I have ever seen in bitcoin. Bitcoin normally rises far more explosively. But I think the crippled blocksize prevents bitcoin from growing in price fast.
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noormcs5
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February 06, 2017, 03:14:02 PM |
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Yeah, it is really good to know that bitcoin again cross $1000 and now bitcoin is $1022, if bitcoin continuously rise within week, than no doubt it will be crossed at $1100. So it will be a new record of 2017. Also i still hold my 2 bitcoins, now i am thinking to sell them, and i will wait till the end of the month to see bitcoin's price.
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richardsNY
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February 06, 2017, 09:19:58 PM |
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It hasn't stayed over $1000 entirely, but it's good to see the the price remain over $1000 for a while. People have to adapt to seeing the price at these levels as they were used to levels a few hundred $ lower. It will take time before people gain enough confidence to support these levels. I wouldn't be surprised if the price happens to fall back below $1000 again. Price range should be somewhere between $900 and $1100 in the coming weeks.
$200 is a very huge range even for bitcoin! and price has been staying above $1000. the temporary mini dump that happened once or twice are just it, a mini dump and temporarily corrects itself. and as time passes while staying above $1000 this price support is becoming stronger. and the range which we have right now is between $980 bottom and $1050 I look at the larger picture than just a few days. If you look closely at the buy orders at various exchanges then it's obvious that what can be considered an average dump can get the price below $1000 without any problems. I keep sticking to my $900-$1100 range for the coming weeks. After these weeks we'll see whether or not I was correct. It hasn't stayed over $1000 entirely, but it's good to see the the price remain over $1000 for a while. People have to adapt to seeing the price at these levels as they were used to levels a few hundred $ lower. It will take time before people gain enough confidence to support these levels. I wouldn't be surprised if the price happens to fall back below $1000 again. Price range should be somewhere between $900 and $1100 in the coming weeks.
Look again. Bitcoin has been $1000+ since February 3, so that's 3 days in a row. They tried to crash the price below $1000 in several occasions (notice the sudden dips) and they failed to bring it below $1000, it was close but it quickly goes up again. $1000 is becoming the new floor. If you discard the quick flashes below $1000 then we have indeed done well, but there is barely any serious support to prevent these flash dips to happen again. As long as that is the case I can't really consider $1000 to be a floor, or a floor in-the-making. If we manage to keep the price at these levels for a few weeks in a row, then we can slowly start thinking $1000 to be a floor. Maybe I am just too conservative. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Tanic
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February 07, 2017, 12:21:04 AM |
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Yeah, it is really good to know that bitcoin again cross $1000 and now bitcoin is $1022, if bitcoin continuously rise within week, than no doubt it will be crossed at $1100. So it will be a new record of 2017. Also i still hold my 2 bitcoins, now i am thinking to sell them, and i will wait till the end of the month to see bitcoin's price.
We all are waiting to bitcoin continue it's climbing upper. But if to talk about me I am pretty satisfied with it's current price 1020$. I think it's perfect price for bitcoin and it doesn't need to be higher than 2000$, cause in this case there is high risk to be banned by governments.
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Wind_FURY
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February 07, 2017, 03:19:46 AM |
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It hasn't stayed over $1000 entirely, but it's good to see the the price remain over $1000 for a while. People have to adapt to seeing the price at these levels as they were used to levels a few hundred $ lower. It will take time before people gain enough confidence to support these levels. I wouldn't be surprised if the price happens to fall back below $1000 again. Price range should be somewhere between $900 and $1100 in the coming weeks.
$200 is a very huge range even for bitcoin!and price has been staying above $1000. the temporary mini dump that happened once or twice are just it, a mini dump and temporarily corrects itself. and as time passes while staying above $1000 this price support is becoming stronger. and the range which we have right now is between $980 bottom and $1050 Not for the Chinese traders. In times when there is an opportunity to buy or some news that causes a panic the Chinese traders never fail to do very large market orders exacerbating the situation more if it is going down, making the situation if it is going up if you got in at a lower price. There will be times when a $200 range is small and there will be some market conditions that it is the average.
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Bitcoin0916
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February 07, 2017, 04:02:42 AM |
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It looks like prices will rise again, the main factor is to start the active users of the bitcoin in china after the Chinese new year. the record prices earlier in the year which reached $1.100 seem to be passed in 2 months again. Before the prices rise again, I suggest to buy bitcoin. Believe me, for the moment bitcoin still profitable investment.
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The_Dark_Knight
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February 07, 2017, 04:16:39 AM |
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One of the good indicators of bitcoin making progress is the fact that we are staying at 1000+ for days now and everytime we approach 1000, it goes up again. Doubters seem to be getting nervous and they are getting in when it gets close to 1000.
So we hit a new record? We have been at 1000+ since Feb 2th.
Yes this is a good indicator that bitcoin is slowly reevaluating itself but now it is doing it slowly, while we can make money in the pumps I think it is way better that bitcoin gains value slowly that way it will bring confidence to possible investors.
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sunsilk
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February 07, 2017, 05:19:26 AM |
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if this stay for a month, I bet it would go $1500 or higher by end of this year.
But we need to wait for more months before $1,500. I want this to happen but as of now the price slowly moving and this a good thing. So that the price will also slowly decreasing which is possible to happen any time now. I guess it can get up to $1,100 upon entering March. slow is better than fast increase.... when it increases too fast, it would drop hard. Yes that's what I'm trying to say the slow increase is in our favor because it means that bitcoin is slowly but surely making prepare for bigger price. And if that happens we are already ready for that increase that is going to come. As of now the price is 1,031 which is kinda of neutral speed of increase.
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Mr.grin
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February 07, 2017, 06:33:05 AM |
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hoping the price will be higher than $ 1,500. it will create a new record in bitcoin world, even in the world of cryptocurrency. it would probably cause most global investors will glance bitcoin, or maybe it will make cryptocurrency made headlines, in the business world.
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puremage111
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February 07, 2017, 06:40:00 AM |
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Speculation
If the price of bitcoin can stay consistent at $1,000 - 1,200 within this 6-8 months time until October. When it hit the holiday season at the end of year in December, it can be pump up hard to $1,500 by real.
Been notice this trend for like 2 years?
in 2015 and 2016.
2016 the price increase from a consistent $500-600 to $1.1k at peak?
in 2015, the first time when i bought bitcoin at rate of $3xx-4xx. But during the end of year which is the holiday season and it peaked at $800 but it drop back soon
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Slark
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February 07, 2017, 06:48:03 AM |
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hoping the price will be higher than $ 1,500. it will create a new record in bitcoin world, even in the world of cryptocurrency. it would probably cause most global investors will glance bitcoin, or maybe it will make cryptocurrency made headlines, in the business world.
We don't need new ATH to be noticed, not by pros anyway. Every major investor is monitoring bitcoin already, it would be foolish not to do this. ATH is more of a bait for normal people, a potential future users, they are always teased the most by raw numbers. I speak from experience, as I was lured by BTC because of that 2013 ATH too.
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Carlsen
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February 07, 2017, 07:19:20 AM |
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I don't think as well that the rapid growth of bitcoin price is good. It attracts too many investors who want to make quick money. As fast as they are in, they are out again. That creates an uncertainty that is not necessary. To me a slow and steady growth in price is still the best option to make bitcoin great...
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kumax
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February 07, 2017, 09:03:27 AM |
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Speculation
If the price of bitcoin can stay consistent at $1,000 - 1,200 within this 6-8 months time until October. When it hit the holiday season at the end of year in December, it can be pump up hard to $1,500 by real.
Been notice this trend for like 2 years?
in 2015 and 2016.
2016 the price increase from a consistent $500-600 to $1.1k at peak?
in 2015, the first time when i bought bitcoin at rate of $3xx-4xx. But during the end of year which is the holiday season and it peaked at $800 but it drop back soon
Yes, I can see the "holidays" trend as well and I think, that with bigger adoption of bitcoin the effect will be even stronger, because the amount of traded coins will be also higher. This year we need to be prepared for selling our coins at the peak and resseling them after New Years Eve. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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manselr
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February 07, 2017, 05:22:08 PM |
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hoping the price will be higher than $ 1,500. it will create a new record in bitcoin world, even in the world of cryptocurrency. it would probably cause most global investors will glance bitcoin, or maybe it will make cryptocurrency made headlines, in the business world.
We don't need new ATH to be noticed, not by pros anyway. Every major investor is monitoring bitcoin already, it would be foolish not to do this. ATH is more of a bait for normal people, a potential future users, they are always teased the most by raw numbers. I speak from experience, as I was lured by BTC because of that 2013 ATH too. We are really close to ATH anyway, and it would make the graphic look prettier which is always a plus. We need to get rid of the ugly 2013 ATH which was achieved with fake volume and bot activity. This time it will be a real ATH, we need it to legitimize the asset, those things are important from a psychological perspective, and we are really close to it now, only about 100 dollars more to go of controlled growth.
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error08
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February 07, 2017, 06:14:05 PM |
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One of the good indicators of bitcoin making progress is the fact that we are staying at 1000+ for days now and everytime we approach 1000, it goes up again. Doubters seem to be getting nervous and they are getting in when it gets close to 1000.
So we hit a new record? We have been at 1000+ since Feb 2th.
Nice few days for stay above $1000 and persist not to decrease below the surface of new 4 digits level. Since, I didn't watch over the price every single hour but sometimes, so I didn't notice that we've been at +1000 since February 2th, glad to know. We're expecting more as plenty of good news had been soared and recent update about winklevoss bitcoin ETF approval to attract investors who are legally limited to investing only in securities accredited by the SEC.
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Wind_FURY
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February 08, 2017, 04:06:10 AM |
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hoping the price will be higher than $ 1,500. it will create a new record in bitcoin world, even in the world of cryptocurrency. it would probably cause most global investors will glance bitcoin, or maybe it will make cryptocurrency made headlines, in the business world.
We don't need new ATH to be noticed, not by pros anyway. Every major investor is monitoring bitcoin already, it would be foolish not to do this. ATH is more of a bait for normal people, a potential future users, they are always teased the most by raw numbers. I speak from experience, as I was lured by BTC because of that 2013 ATH too. A new all time high will create new long term investors in Bitcoin. Why do I say this? Because they will go buy with everything they have as much as they can and then the price will drop hard. Now they cannot sell at a big loss because of fear. Now they have no choice but to keep supporting Bitcoin hoping that it will go above their price of entry which sometimes will not happen for a very long time.
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JL421
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February 08, 2017, 04:20:30 AM |
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You can't call it a record as this can be a indicator that this time price was stable after reaching 1000$ unlike last time it became 1150$++ and then Chinese screwed it up. I still don't think the price will stay 1000$+ if the china government does something again to reduce the price. I don't think 6 days is a big thing if the price remains 1000$+ whole feb or maybe march it can be a really good indicator.
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Nahl
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February 08, 2017, 06:16:55 AM |
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hoping the price will be higher than $ 1,500. it will create a new record in bitcoin world, even in the world of cryptocurrency. it would probably cause most global investors will glance bitcoin, or maybe it will make cryptocurrency made headlines, in the business world.
it took more process to reach those amount but with the current situations still possible i think but only if the price would not dropped again $1000 below and i think the investors should be more concern for bitcoin because it could makes bitcoin price will more high
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