BTC is smiling at us :)

[ProfessionalGoogler]

This must mean something!

[hase0278]

The graph you have shown OP might mean something, because it is the proof that bitcoin can survive even if it falls. It might also affect it in the future since in the history of bitcoin, in my opinion this is the most crazy price graph I have ever seen. Other currencies and precious metals like gold have not had a graph like this before. I might be wrong since im not that of a pro in terms of forex and currencies but the graph means something that's for sure.

[babsalt1975]

Surely, the graph looks unique and it has a deeper meaning for it shape. I think what it means is that maybe it has reached it peak and will now start a downward trend. I foresee the price dropping to lower levels and start rising again just like in the graph. Just a thought

[kumax]

Now I really hope the future graph won't be symmetric with the part from the year 2013!!
Then, instead of big smile, there would be a very loud cry all ovet this forum!

[romero121]

Now I really hope the future graph won't be symmetric with the part from the year 2013!!
Then, instead of big smile, there would be a very loud cry all ovet this forum!

In the bitcoin price variation chart there might be a simile that would resemble the loud cry of the forum users, but most users will be benefiting good as the price movement will be towards the rising side than moving backwards.

[thejaytiesto]

This must mean something!

Indeed, 2017 is the year where get rich as fuck. Also most importantly, notice how the rise of the 2013 1k+ peak is really steep compared to the current rise which started in 2015. So we have a controlled slow rise, which means this time the price will go way higher before any big correction happens. Shorters will get smoked.

[Red-Apple]

the only thing that it means is that you didn't zoom out and also the fact that you forgot that the first ATH was a fake pump done by Mtgox and if you ask me it should be removed from the chart if we want to talk about long term change of price.

[jakelyson]

Bitcoin formed a very nice graph. It is not just bitcoin that is smiling these days. All bitcoin believers and hodlers are smiling as the price is nearing the new ATH. It does not matter if the first ATH is fake or not, it is recorded and it will appear in the graph. We recovered from that fall and now we are in realistic price hike.

[kumax]

Now I really hope the future graph won't be symmetric with the part from the year 2013!!
Then, instead of big smile, there would be a very loud cry all ovet this forum!

In the bitcoin price variation chart there might be a simile that would resemble the loud cry of the forum users, but most users will be benefiting good as the price movement will be towards the rising side than moving backwards.

I wouldn't cry if the price would drop back to $100 for a few days (so I would have a time to buy enough bitcoins) and then if it would be pumped to $1000 again.
But the question is, what a dump and pump like this would do with a market.

[agustina2]

This must mean something!

It must be a "check" like on Nike Logo and not a yahoo smile since like the guy stated above, there is a big manipulation at the first phase of bitcoin while reaching it's new ATH.  

And that check is extending until now forming a long check meaning it was "approved". Green candle will tell. Kinda corny here but it's making sense.

[novemberwoah]

This must mean something!

If I look at the price of bitcoin in 2014 is almost the same as it is now, which is in the range of $ 1,100. I had time to think, whether the price will decline as years ago in the year 2014-2016? See now there are some threats that could make bitcoin prices down. But on the other side I believe bitcoin situation is now very different from the previous because it has evolved, so it is not likely to happen again and will continue to rise

[zimmah]

the only thing that it means is that you didn't zoom out and also the fact that you forgot that the first ATH was a fake pump done by Mtgox and if you ask me it should be removed from the chart if we want to talk about long term change of price.

except it wasn't.    

It was not the first time the price rose that explosively, and it wasn't even the biggest rise ever either (in percentage terms of course).

I also think a rise like that one wasn't the last of its kind, and eventually we will see another one like it and the price will shoot up to insane levels (like $50,000 or more) in a single month.

[chaser15]

If I look at the price of bitcoin in 2014 is almost the same as it is now, which is in the range of $ 1,100. I had time to think, whether the price will decline as years ago in the year 2014-2016? See now there are some threats that could make bitcoin prices down. But on the other side I believe bitcoin situation is now very different from the previous because it has evolved, so it is not likely to happen again and will continue to rise

Price declined because of sudden bad events that happen around that time. That is MT GOX era where you see the first ATH and because of downfall of the exchange, it dragged some negative things and other bad things happened too after that resulting for so much price decrease.

Today, just hope that there is no such thing as big deal bad news that will happened that can able to bring the bitcoin price down. It can happen anytime and that is possible.

[worhiper_-_]

The recent rally has been a significant recovery back to near all time high levels. Though thie time, it seems to be much more organic than the previous rise that felt more like market manipulation.

[lumeire]

The recent rally has been a significant recovery back to near all time high levels. Though thie time, it seems to be much more organic than the previous rise that felt more like market manipulation.

Who would've thought that we'd somehow reach the same levels like it did during the first boom? History does repeat itself.

[mtwelve]

The recent rally has been a significant recovery back to near all time high levels. Though thie time, it seems to be much more organic than the previous rise that felt more like market manipulation.

Thanks to PBOC cracking down on Chinese exchanges. I tend to like a slower and more steady growth than erratic and more volatile price rallies. Let's see where we go next, hopefully past $1100. Taking a little profit here and there helps alleviate my FOMO I've learned :0

[ivanst776]

This must mean something!

Lol, it is smiling but what does this mean, i hope that their lips will go higher ( the right side).

I think that the bitcoin price is trying to stay minimum at 1000 dollar and I hope to be the next bottom price.

[Idrisu]

Now I really hope the future graph won't be symmetric with the part from the year 2013!!
Then, instead of big smile, there would be a very loud cry all ovet this forum!

except something fundamental happens I doubt of a repeat of what happened in 2013 as bitcoin has broken a lot of resistance before gotten to the level it is today. In 2013 the pump in price has no foundation and if you follow bitcoin price in 2016 you will notice that supports level were strongly contested by both the demand and supply forces. The price may soon start to make another strong upwards movement.

[amacar2]

Now on we may not see any big pump-dump scene again because chinese traders now can't manipulate price with zero cost. There is standard trading fee on all chinese exchanger also they have stopped margin trading. Price may grow more naturally and in a healthy way from now on, price will be standing at new ATH within 2017.

[LFC_Bitcoin]

This must mean something!

Indeed, 2017 is the year where get rich as fuck. Also most importantly, notice how the rise of the 2013 1k+ peak is really steep compared to the current rise which started in 2015. So we have a controlled slow rise, which means this time the price will go way higher before any big correction happens. Shorters will get smoked.

Interesting & probably all true. I'm certainly ready for 2017 to be the year that we get rich AF.
Sit back, light up a blunt & enjoy.