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Author Topic: ladies and gentlemen we are above $1100 now!  (Read 2327 times)
Red-Apple (OP)
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February 21, 2017, 02:02:08 PM
 #1

slowly but surely bitcoin went up and then continued going up even with all the things thrown at it from different angles.
all the Chinese and their news shenanigans, all the rest of the crap talking about "flaws" which seems to be the new FUD topic around these parts.

price continues going up disregarding all of it only because investors don't give a rat's behind to any of these things Smiley

and all the dips makes them happy because they buy even more bitcoin for next continuation of the rise.

#toTheMoon

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February 21, 2017, 02:10:36 PM
 #2

Recent FUD didn't work and now the price climbs up and even breached the $1,100 mark value.

Not a cheap price to consider by other so basically the best thing to do is hold. But they must also consider that a price tagged as h"igh price" may become "low price" someday so in here the best thing to do is buy and hold.

Your's to decide. Smiley

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February 21, 2017, 02:38:39 PM
 #3

slowly but surely bitcoin went up and then continued going up even with all the things thrown at it from different angles.
all the Chinese and their news shenanigans, all the rest of the crap talking about "flaws" which seems to be the new FUD topic around these parts.

price continues going up disregarding all of it only because investors don't give a rat's behind to any of these things Smiley

and all the dips makes them happy because they buy even more bitcoin for next continuation of the rise.

#toTheMoon

Yawn. Somehow $1100 doesn't seem to excite me. This is just a small step in the race to the moon.
Bitcoin is achieving this in spite of negative news around - the block size debate, China, Bitfinex hacking.
Next stop $1200. This should be achieved within a month's time.
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February 21, 2017, 03:03:52 PM
 #4

slowly but surely bitcoin went up and then continued going up even with all the things thrown at it from different angles.
all the Chinese and their news shenanigans, all the rest of the crap talking about "flaws" which seems to be the new FUD topic around these parts.

price continues going up disregarding all of it only because investors don't give a rat's behind to any of these things Smiley

and all the dips makes them happy because they buy even more bitcoin for next continuation of the rise.

#toTheMoon

Yawn. Somehow $1100 doesn't seem to excite me. This is just a small step in the race to the moon.
Bitcoin is achieving this in spite of negative news around - the block size debate, China, Bitfinex hacking.
Next stop $1200. This should be achieved within a month's time.

The price is rising because of speculation about the ETF. But if the ETF is denied, it will drop back down again. I also expect some people will take some profits off the table in early March just in case.

 
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February 21, 2017, 03:43:01 PM
 #5

No surprises. It is highly expected when we were seeing strong prices trading around $1050 levels. But luckily the physiological resistances around $1100 got easily broken  and prices are trading around $1110 right now.

We are getting mixed predictions on approval of bitcoin ETF but traders sentiments are seeming quite positive on this.

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February 21, 2017, 03:43:34 PM
 #6

No surprises. It is highly expected when we were seeing strong prices trading around $1050 levels. But luckily the physiological resistances around $1100 got easily broken  and prices are trading around $1110 right now.

The price could hover around $1100 for some time.

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February 21, 2017, 04:22:31 PM
 #7

No surprises. It is highly expected when we were seeing strong prices trading around $1050 levels. But luckily the physiological resistances around $1100 got easily broken  and prices are trading around $1110 right now.

i always disagree with the term "physiological resistances" because i believe there is no such thing. and the only thing that i could say can come close to a "physiological resistances" is the $1000 barrier because for one, price is usually evaluated in USD not much in other currencies like CAD or EUR and also it is the barrier between 3 and 4 digits.

but that is just trying to explain something that doesn't exist Smiley

There is a FOMO brewing...
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February 21, 2017, 05:00:52 PM
 #8

No surprises. It is highly expected when we were seeing strong prices trading around $1050 levels. But luckily the physiological resistances around $1100 got easily broken  and prices are trading around $1110 right now.

i always disagree with the term "physiological resistances" because i believe there is no such thing. and the only thing that i could say can come close to a "physiological resistances" is the $1000 barrier because for one, price is usually evaluated in USD not much in other currencies like CAD or EUR and also it is the barrier between 3 and 4 digits.

but that is just trying to explain something that doesn't exist Smiley

In my opinion, "physiological resistances" are very real but only when it comes to very round "nice" looking numbers, so that's $1000, $2000, $3000...

And we crossed confidently the $1000 barrier, which means the only thing separating us from $2000 now is the ATH. Once the ATH is crossed, big time FOMO will kick in, the party begins.
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February 21, 2017, 05:24:14 PM
 #9

And my milestone and expectation should start now. The price can go higher now and be possible to move forward up to $1,500.

I'm believing that this slow increase of bitcoin will be continuous and no one will interrupt it or any other some sort of disruption to make the price increase to stop.

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February 21, 2017, 05:26:08 PM
 #10

No surprises. It is highly expected when we were seeing strong prices trading around $1050 levels. But luckily the physiological resistances around $1100 got easily broken  and prices are trading around $1110 right now.

We are getting mixed predictions on approval of bitcoin ETF but traders sentiments are seeming quite positive on this.

Well, we getting some bad vibes from many angles that the ETF might never see the light of day and I think many share this sentiment, but they

do not want to be left out, IF this happens. We saw what happened with Trump and him winning against all speculation that he had no chance. I

would much rather get in now, and reap the rewards if this goes down.. than sitting on the side when everyone goes crazy, if the price triple

after the ETF approval.  Roll Eyes

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February 21, 2017, 05:30:53 PM
 #11

Yeah we can now celebrate bitcoin is still getting high ,
And I know we all hope that the price of bitcoin would continue to increase.

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February 21, 2017, 05:44:28 PM
 #12

No surprises. It is highly expected when we were seeing strong prices trading around $1050 levels. But luckily the physiological resistances around $1100 got easily broken  and prices are trading around $1110 right now.

i always disagree with the term "physiological resistances" because i believe there is no such thing. and the only thing that i could say can come close to a "physiological resistances" is the $1000 barrier because for one, price is usually evaluated in USD not much in other currencies like CAD or EUR and also it is the barrier between 3 and 4 digits.

but that is just trying to explain something that doesn't exist Smiley

In my opinion, "physiological resistances" are very real but only when it comes to very round "nice" looking numbers, so that's $1000, $2000, $3000...

And we crossed confidently the $1000 barrier, which means the only thing separating us from $2000 now is the ATH. Once the ATH is crossed, big time FOMO will kick in, the party begins.

I'm not convinced yet!
Still believe we could test this range again. If the ETF shouldn't be approved, what seems to be very likely, we will see how the market will behave and if the $1000 will hold or not.
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February 21, 2017, 05:48:48 PM
 #13

indeed this situations is really good and all major exchanges has already reach it but i was hoping more and next target price would be $1200 i wish it happening in the near future but the main things is the price stable at $1000 or above

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February 22, 2017, 06:31:23 AM
 #14

this now bitcoin price is over 1100 dollar/bitcoin
the new resistance price in level 1200 dollar, and support price in level 900 dollar, R1 and S1
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February 22, 2017, 07:00:09 AM
 #15

And my milestone and expectation should start now. The price can go higher now and be possible to move forward up to $1,500.

I'm believing that this slow increase of bitcoin will be continuous and no one will interrupt it or any other some sort of disruption to make the price increase to stop.

don't get hasty!
price just went up, and a $400 rise to $1500 needs lots more time. it won't happen this soon. specially since there are lots of things still going on.
with the China situation coming to a conclusion soon and then the ETF fate being decided soon too. these things can swing the price around for a while and we know bitcoin traders love nothing more than these types of swings to accumulate more bitcoin for the next rally.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 22, 2017, 07:24:07 AM
 #16

indeed this situations is really good and all major exchanges has already reach it but i was hoping more and next target price would be $1200 i wish it happening in the near future but the main things is the price stable at $1000 or above
Though every exchange has come up with a price above $1100 right now no one is there to predict the precise reason behind the growth. This time China's influence is not felt much but analysts have mentioned it as an gradual growth. As the price too is stabilizing and moving forward shows it an real one.

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February 22, 2017, 07:38:50 AM
 #17

indeed this situations is really good and all major exchanges has already reach it but i was hoping more and next target price would be $1200 i wish it happening in the near future but the main things is the price stable at $1000 or above
Though every exchange has come up with a price above $1100 right now no one is there to predict the precise reason behind the growth. This time China's influence is not felt much but analysts have mentioned it as an gradual growth. As the price too is stabilizing and moving forward shows it an real one.

what are you talking about?
price is always rising because of increasing demand. things like ETF (even with it not approved) and lots of other news such as the Megaupload one are putting bitcoin on the media and giving it so much attention. and this will bring lots of new investors and price always goes up because of it.
besides, Chinese are still buying bitcoin, they are just doing it off the exchanges you know names of.

Only Bitcoin
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February 22, 2017, 08:09:39 AM
 #18

indeed this situations is really good and all major exchanges has already reach it but i was hoping more and next target price would be $1200 i wish it happening in the near future but the main things is the price stable at $1000 or above
Though every exchange has come up with a price above $1100 right now no one is there to predict the precise reason behind the growth. This time China's influence is not felt much but analysts have mentioned it as an gradual growth. As the price too is stabilizing and moving forward shows it an real one.

what are you talking about?
price is always rising because of increasing demand. things like ETF (even with it not approved) and lots of other news such as the Megaupload one are putting bitcoin on the media and giving it so much attention. and this will bring lots of new investors and price always goes up because of it.
besides, Chinese are still buying bitcoin, they are just doing it off the exchanges you know names of.

Bitcoin is at its all time high right now. One big factor is the ETF, thats why a lot
of investors are pumping into the bitcoin ecosystem. Just imagine if the ETF is
approved millions or probably billions could be injected into the bitcoin marketplace
which will send bitcoin price surging to 2000 USD.

If not approved, then the price will fall but not that much I think. We will probably
experience a few ups and downs but the price will be steady at the range of 900-1500
at the end of the year.





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February 22, 2017, 08:34:12 AM
 #19

indeed this situations is really good and all major exchanges has already reach it but i was hoping more and next target price would be $1200 i wish it happening in the near future but the main things is the price stable at $1000 or above
Though every exchange has come up with a price above $1100 right now no one is there to predict the precise reason behind the growth. This time China's influence is not felt much but analysts have mentioned it as an gradual growth. As the price too is stabilizing and moving forward shows it an real one.

what are you talking about?
price is always rising because of increasing demand. things like ETF (even with it not approved) and lots of other news such as the Megaupload one are putting bitcoin on the media and giving it so much attention. and this will bring lots of new investors and price always goes up because of it.
besides, Chinese are still buying bitcoin, they are just doing it off the exchanges you know names of.

Bitcoin is at its all time high right now. One big factor is the ETF, thats why a lot
of investors are pumping into the bitcoin ecosystem. Just imagine if the ETF is
approved millions or probably billions could be injected into the bitcoin marketplace
which will send bitcoin price surging to 2000 USD.

If not approved, then the price will fall but not that much I think. We will probably
experience a few ups and downs but the price will be steady at the range of 900-1500
at the end of the year.

but the ETF money is already in bitcoin, it is not going to come in after approval and it will not exit after rejection. they have already injected the money into bitcoin while it was cheaper and nobody was watching.

if ETF is approved other people may find out about bitcoin and want to "directly" invest in it and cause a price rise and also the hype of the approval can raise the price.

and the rejection also doesn't have that big a effect to be able to break the $1000 resistance at this point. i say that is highly unlikely.

to the moon with bitcoin...
fearlesscat10
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Merit: 500


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February 22, 2017, 08:42:55 AM
 #20

indeed this situations is really good and all major exchanges has already reach it but i was hoping more and next target price would be $1200 i wish it happening in the near future but the main things is the price stable at $1000 or above
Though every exchange has come up with a price above $1100 right now no one is there to predict the precise reason behind the growth. This time China's influence is not felt much but analysts have mentioned it as an gradual growth. As the price too is stabilizing and moving forward shows it an real one.


what are you talking about?
price is always rising because of increasing demand. things like ETF (even with it not approved) and lots of other news such as the Megaupload one are putting bitcoin on the media and giving it so much attention. and this will bring lots of new investors and price always goes up because of it.
besides, Chinese are still buying bitcoin, they are just doing it off the exchanges you know names of.


Bitcoin is at its all time high right now. One big factor is the ETF, thats why a lot
of investors are pumping into the bitcoin ecosystem. Just imagine if the ETF is
approved millions or probably billions could be injected into the bitcoin marketplace
which will send bitcoin price surging to 2000 USD.


If not approved, then the price will fall but not that much I think. We will probably
experience a few ups and downs but the price will be steady at the range of 900-1500
at the end of the year.


I'm a little scared of the ETF not getting approved, to be honest. We're doing really well right now and I'd really hate to see it getting derailed by the ETF getting disapproved.


Overall I'm very proud of where we are now especially considering where we started out as.

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