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Author Topic: ladies and gentlemen we are above $1100 now!  (Read 2323 times)
iv4n
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February 23, 2017, 09:38:04 AM
 #41

Yes we are, and new record is very close. Big question now is how much bitcoin can hold this high price, and do we need to expect some drop. Learned from past experiences I don`t wish to celebrate to quickly, we need to wait couple weeks, or month to be sure in this rise.

Every previous approach to this current price was eventually followed by a serious drop despite the great enthusiasm and optimistic forecasts of most bitcoiners. I prefer to trust in my experience and that is why at this point I have sold 30% of my coins Grin

Smart move, I`m thinking about the same thing. It's better to feel safe than sorry, I will be cautious about this rise, we never know what will happen next with bitcoins, one big exchange can fall down and price will go down too.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 23, 2017, 10:38:58 AM
 #42

Yes we are, and new record is very close. Big question now is how much bitcoin can hold this high price, and do we need to expect some drop. Learned from past experiences I don`t wish to celebrate to quickly, we need to wait couple weeks, or month to be sure in this rise.

Every previous approach to this current price was eventually followed by a serious drop despite the great enthusiasm and optimistic forecasts of most bitcoiners. I prefer to trust in my experience and that is why at this point I have sold 30% of my coins Grin

Smart move, I`m thinking about the same thing. It's better to feel safe than sorry, I will be cautious about this rise, we never know what will happen next with bitcoins, one big exchange can fall down and price will go down too.

Drop is inevitable but how far it will go remain to be seen. Like most predicted this will be golden year for bitcoin and we are very close to this, my expectation are to go on some levels of 1500 this year with possible drop to 1000. This is my prediction and for now everything look good and promising expect for all of us to gain some in this.



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SvenBomvolen
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February 23, 2017, 10:53:44 AM
 #43

Finely! But now I am a bit regret, cause of I just couple days ago cashed out some money when the price was like 1040$. I am wonder of reasons that provoked the price to grow, if somebody know, please, post the link.
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February 23, 2017, 12:56:54 PM
 #44

Yes we are, and new record is very close. Big question now is how much bitcoin can hold this high price, and do we need to expect some drop. Learned from past experiences I don`t wish to celebrate to quickly, we need to wait couple weeks, or month to be sure in this rise.

well, holding or not you should always try to learn how to recognize the difference between a "drop", "dump", "manipulation" and "correction".

because in all of these price goes down but it has different reasons and different meanings which leads to different decisions.

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February 23, 2017, 11:50:22 PM
 #45

Yes we are, and new record is very close. Big question now is how much bitcoin can hold this high price, and do we need to expect some drop. Learned from past experiences I don`t wish to celebrate to quickly, we need to wait couple weeks, or month to be sure in this rise.

well, holding or not you should always try to learn how to recognize the difference between a "drop", "dump", "manipulation" and "correction".

because in all of these price goes down but it has different reasons and different meanings which leads to different decisions.
Correct if there is a bubble then we must keep our eyes open for a correction since there is no way to keep those prices that high, it will be a temporary thing but it seems the new floor for bitcoin is the 1000 mark.
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February 23, 2017, 11:55:04 PM
 #46

Yes we are, and new record is very close. Big question now is how much bitcoin can hold this high price, and do we need to expect some drop. Learned from past experiences I don`t wish to celebrate to quickly, we need to wait couple weeks, or month to be sure in this rise.

well, holding or not you should always try to learn how to recognize the difference between a "drop", "dump", "manipulation" and "correction".

because in all of these price goes down but it has different reasons and different meanings which leads to different decisions.
Correct if there is a bubble then we must keep our eyes open for a correction since there is no way to keep those prices that high, it will be a temporary thing but it seems the new floor for bitcoin is the 1000 mark.

i hope that new floor is really in $1xxx because many of us that hash been buy bitcoin with high price and if the price is suddenly gets down too deep, i can imagine what will happen. now we reach around in $1189, its almost $1200 and i see there is still up more, i don't know how much will the price moving.

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February 25, 2017, 09:57:51 AM
 #47

The price increase is mainly down to built up excitement, and mainly because of the ETF. If it is not approved, bitcoin will drop down again, maybe as low as it was before. This is more the reason for them to not accept bitcoin. It's volatility is extremely high.

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March 06, 2017, 03:49:24 PM
 #48

The price increase is mainly down to built up excitement, and mainly because of the ETF. If it is not approved, bitcoin will drop down again, maybe as low as it was before. This is more the reason for them to not accept bitcoin. It's volatility is extremely high.

After the drop, it will rise again if there is more usage of bitcoin.

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March 06, 2017, 04:12:44 PM
 #49

The price increase is mainly down to built up excitement, and mainly because of the ETF. If it is not approved, bitcoin will drop down again, maybe as low as it was before. This is more the reason for them to not accept bitcoin. It's volatility is extremely high.


It will not drop that low, we will see probably a strong resistance to go lower than $1100, $1000 maximum, so we are going to see a lot of shorts positions getting destroyed as it fails to go lower than 4 figures.

And who knows, maybe nothing happens and it stays were it is now.
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March 06, 2017, 09:21:14 PM
 #50

Yeah we are now at above $1100 and surely this will take no longer because $2k is not impossible to reach and bitcoin will continue ti influence people this year and many will be investing for good reasons and most reasons is fianancial problems, that's why they are having bitcoin to be a part of their lives.
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March 09, 2017, 10:32:51 AM
 #51

The crypto currency is growing very speed and highly secure. There is no way to hacking or snoop ,glitch etc..,.The only way for earning Bitcoin is working hard worth some innovative idea. Someone will be doing smart work to increase their revenue. So the $1100 doesn't seem to excite me. This is just a small step in the race to the mars. Bitcoin is achieving this in spite of negative news around - the block size debate, China, Bitfinex hacking. Next stop $1500. This should be achieved within a month's time.
i think government also ready to use this crypto currency to avoid the buggy transaction system.
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March 09, 2017, 10:47:03 AM
 #52

It has proven that there are more enthusiasts bitcoin user that appear and the number keep on rising and if the etf being approved we will see another price rising again and bitcoin will become more popular and will become more valuable and my prediction it can passed 2000$ this year
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March 12, 2017, 06:23:42 AM
 #53

It has proven that there are more enthusiasts bitcoin user that appear and the number keep on rising and if the etf being approved we will see another price rising again and bitcoin will become more popular and will become more valuable and my prediction it can passed 2000$ this year

The ETF was not approved, but the price of bitcoin did not drop much. The altcoins are rising fast.
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March 12, 2017, 06:53:02 AM
 #54

It has proven that there are more enthusiasts bitcoin user that appear and the number keep on rising and if the etf being approved we will see another price rising again and bitcoin will become more popular and will become more valuable and my prediction it can passed 2000$ this year

The ETF was not approved, but the price of bitcoin did not drop much. The altcoins are rising fast.

altcoin are not rising, the only one that is rising is dashcoin, but the pump started long before the EFT fiasco, i don't think there is any connection between them

but there are chance that someone dumped his bitcoin just to jump on the dash train, and therefore i believe that this last crash was not exclusively caused by the EFT alone
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March 12, 2017, 06:56:38 AM
 #55

It has proven that there are more enthusiasts bitcoin user that appear and the number keep on rising and if the etf being approved we will see another price rising again and bitcoin will become more popular and will become more valuable and my prediction it can passed 2000$ this year
Even though etf was not approved the price found to rise after a short time price variation. This shows that users were much interested into bitcoin usage. Also the adoption and governments will now realize the potential it has got to overcome price fluctuations. This is what making us to stand close to $1200.
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March 15, 2017, 04:22:11 PM
 #56

It has proven that there are more enthusiasts bitcoin user that appear and the number keep on rising and if the etf being approved we will see another price rising again and bitcoin will become more popular and will become more valuable and my prediction it can passed 2000$ this year
Even though etf was not approved the price found to rise after a short time price variation. This shows that users were much interested into bitcoin usage. Also the adoption and governments will now realize the potential it has got to overcome price fluctuations. This is what making us to stand close to $1200.

I think the adoption is more important than the ETF. That is why I use some bitcoin to buy goods.

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