bitcoin break its own record !!

[giveen]

Hehe I liked the the heading of your topic.
Anyways I agree bitcoin is really increasing at a high rate I have seen many people telling that it is a stable growth I just hope it grows in this way as there won't be any sort of panic selling and it is good in long run also.

[york780]

Yes 3 scenario's are possible this week:

1: profit taking just before ETF Winklevoss deadline + investing before deadline.

This would likely result in more sideways movement till the deadline.

2: chinese exchanges opening again, moral decreases because ETF, this will result in some down movement +/- 40$ till the deadline.

3: hype kicks in and we see +100$ this week till ETF deadline.


scenario 1 is the most likely choice. I wouldnt gamble your money on a 30% chance of ETF aproval. Thats just my strategy.

[MyIdeas]

since $1200/btc was the maximum price for the bitcoin in the history but now it is above of 1200 which is $1205/btc .
What do you think guys , what are probability of increase more from above of of 1200$ .

I will say no one can break bitcoins record and when it increases in price more higher than what record it make it not its breaking of its record but it add more strength to its record. so we have to say that the record of bitcoin is now more stronger.

[Shady]

I'm really starting to think a 3,500 USD valuation will become of Bitcoin in 5 years because of what potential there is in what opens up... For the most part I see aging gains off my activity and am nearing completion of an investment prospect because of how much hype has turned into gold with web services.

[iqlimasyadiqa]

I'm really starting to think a 3,500 USD valuation will become of Bitcoin in 5 years because of what potential there is in what opens up... For the most part I see aging gains off my activity and am nearing completion of an investment prospect because of how much hype has turned into gold with web services.

potential it will always be there. bitcoin increase now looks very good. even 5 years from now could be a lot of regulations that support bitcoin. such as the enactment of the recognition of bitcoin by countries in the world. is what will be increased momentum bitcoin prices are very high.

[BitcoinPC]

Exactly, bitcoin break the record. Actually, i started work with bitcoin last 2 years, and before it i don't know bitcoin has crossed above $1200 or not. But for me, it is first time when i see bitcoin break the record and reach in a top price. Now i hope bitcoin grew more and may be it will reach at $1500.   

[emezh10]

As time pasd by bitcoin will pump it's price because of the supply and demand law. Because as time pass by the bitcoin is become more famous because of it's price and because of that many civilian are investing in bitcoin and because of that the supply of the bitcoin will lessen and it's price will increase so how supply and demand law works. And I think the bitcoin is only start for now so the price of it will have a great pump up in the future, and I think $25,000 will be the pick price of it.

[tazmania]

As time pasd by bitcoin will pump it's price because of the supply and demand law. Because as time pass by the bitcoin is become more famous because of it's price and because of that many civilian are investing in bitcoin and because of that the supply of the bitcoin will lessen and it's price will increase so how supply and demand law works. And I think the bitcoin is only start for now so the price of it will have a great pump up in the future, and I think $25,000 will be the pick price of it.

Exactly and this is just an beginning and bitcoin will touch even more new heights in coming years as you said that supply of bitcoin is limited as there are only 21 million bitcoins mined and demand will go higher and higher in future that will make bitcoin more powerful currency and will be holding some extra ordinary price and if we are judging what will be its top price then only thing comes to mind is sky is the limit.

[hase0278]

Bitcoin really have broken its own record this year and for me 2017 is yet one good year for bitcoin. I really do hope that this price movements that are good will continue until the end of the year and I hope that I am online while movements are happening. Someday bitcoin will break its record again and it will continue to increase in price because of the law of supply and demand.