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Author Topic: ATH on all major exchanges!!  (Read 1298 times)
cpfreeplz
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March 02, 2017, 02:41:46 PM
 #21

It's all speculation on the ETF that's going to either pass or not on March 11th. It's either going to be a huge day for bitcoins or just another day. Assuming the ETF doesn't pass we can expect a $200 or $300 dip, but if it does pass we'll see steady increases and down the road looking to the future we'll see even more steady increases because of all of the money flowing in.














 

 

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March 02, 2017, 03:22:51 PM
 #22

It's all speculation on the ETF that's going to either pass or not on March 11th. It's either going to be a huge day for bitcoins or just another day. Assuming the ETF doesn't pass we can expect a $200 or $300 dip, but if it does pass we'll see steady increases and down the road looking to the future we'll see even more steady increases because of all of the money flowing in.

Expect some profit taking around the 8th/9th of March.

Remember that speculators buy the rumour and then protect their profits just before the news!

BitHodler
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March 02, 2017, 09:08:32 PM
 #23

It's all speculation on the ETF that's going to either pass or not on March 11th. It's either going to be a huge day for bitcoins or just another day. Assuming the ETF doesn't pass we can expect a $200 or $300 dip, but if it does pass we'll see steady increases and down the road looking to the future we'll see even more steady increases because of all of the money flowing in.

Expect some profit taking around the 8th/9th of March.

Remember that speculators buy the rumour and then protect their profits just before the news!
If the price reaches an insane price point then I can definitely understand that certain people will cash out profits. That's why traders play this game.

But they also know that if they do sell, and the ETF does happen to get accepted, that they miss out on far greater profits. It's basically a double edged sword situation for people that cash out.

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March 02, 2017, 10:14:36 PM
 #24

It's all speculation on the ETF that's going to either pass or not on March 11th. It's either going to be a huge day for bitcoins or just another day. Assuming the ETF doesn't pass we can expect a $200 or $300 dip, but if it does pass we'll see steady increases and down the road looking to the future we'll see even more steady increases because of all of the money flowing in.

Expect some profit taking around the 8th/9th of March.

Remember that speculators buy the rumour and then protect their profits just before the news!
to be honest right now I really doubt that the price of the bitcoin is going to go down in just a couple of days, the bitcoin price seems to be really strong at the moment and there are some big buy orders on big prices like 1250 so there are no signs that it will go down any time soon. We are soon going to reach even higher prices than it is right now, and i wouldn't expect the growth to stop until at least 1500 dollars.
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March 03, 2017, 12:22:57 AM
 #25

to be honest right now I really doubt that the price of the bitcoin is going to go down in just a couple of days, the bitcoin price seems to be really strong at the moment and there are some big buy orders on big prices like 1250 so there are no signs that it will go down any time soon. We are soon going to reach even higher prices than it is right now, and i wouldn't expect the growth to stop until at least 1500 dollars.

Hope so also but I would expect a correction especially with the big gaps between exchanges up to $100

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AdolfinWolf
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March 03, 2017, 06:54:07 PM
 #26

It's all speculation on the ETF that's going to either pass or not on March 11th. It's either going to be a huge day for bitcoins or just another day. Assuming the ETF doesn't pass we can expect a $200 or $300 dip, but if it does pass we'll see steady increases and down the road looking to the future we'll see even more steady increases because of all of the money flowing in.

Expect some profit taking around the 8th/9th of March.

Remember that speculators buy the rumour and then protect their profits just before the news!
to be honest right now I really doubt that the price of the bitcoin is going to go down in just a couple of days, the bitcoin price seems to be really strong at the moment and there are some big buy orders on big prices like 1250 so there are no signs that it will go down any time soon. We are soon going to reach even higher prices than it is right now, and i wouldn't expect the growth to stop until at least 1500 dollars.
I've red somewhere that the price change could have something to do with the taxes that have to be filled in in many countries next month, maybe we'll see alot of investors/traders cashing out after that, causing a large drop in price. I'm not sure.

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March 03, 2017, 07:08:22 PM
 #27

to be honest right now I really doubt that the price of the bitcoin is going to go down in just a couple of days, the bitcoin price seems to be really strong at the moment and there are some big buy orders on big prices like 1250 so there are no signs that it will go down any time soon. We are soon going to reach even higher prices than it is right now, and i wouldn't expect the growth to stop until at least 1500 dollars.

That is the most common thinking when there is a continous price increase, doubting that bitcoin price will never experience decrease for at least days or weeks but sometimes it doesn't the real score happen. If ever $1,500 will reached and will have some same situation like the current one, then another statement that no doubt bitcoin price will not decrease will build again.

Above all of this, we must open for all the possibilities, good or bad, since news or FUDS are nothing if the community will not respond. Basically price increase are upon the respond of the community and not directly with the news itself.

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March 03, 2017, 07:13:50 PM
 #28

I do think this is a mute point as of now since it is history now and there will keep being an ATH every hour from now on until March 11th quams it all. Depending on the outcome of the day.

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March 03, 2017, 10:19:37 PM
 #29

I do think this is a mute point as of now since it is history now and there will keep being an ATH every hour from now on until March 11th quams it all. Depending on the outcome of the day.
I am glad to see that the price is increasing and i hope it wont crumble when the ETF is not approved and i really would be disappointed if the price breaks below the thousand dollar mark.I am enjoying the perks of my savings and i am waiting for the news to determine whether to book my profit or not,hope everything goes well.
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March 03, 2017, 11:11:28 PM
 #30

Hope we will break more records and the price of bitcoin keeps on moving forward in the future. There is only a small possibility that the ETF will be approved this time around and if that is the case we would see some correction after the verdict.Hope it wont go down like a sliding hill. We should have a strong resistance around the thousand dollar mark.














 

 

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angaper
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March 03, 2017, 11:27:59 PM
 #31

What i like more on this ATH is that price is increasing slowly, not like the other times. And now price is near the gold onze, bitcoin will have more exposure on newspapers if it goes above gold.

Slowly? But the price was around $750 few weeks ago! It is true that this new rally has been consistent and gradual, but it is also clear that this 80% increase is not sustainable in the long run, so I would prefer to avoid an excessive confidence in my perspectives.

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March 03, 2017, 11:47:15 PM
 #32

What i like more on this ATH is that price is increasing slowly, not like the other times. And now price is near the gold onze, bitcoin will have more exposure on newspapers if it goes above gold.

Slowly? But the price was around $750 few weeks ago! It is true that this new rally has been consistent and gradual, but it is also clear that this 80% increase is not sustainable in the long run, so I would prefer to avoid an excessive confidence in my perspectives.
The idea that this rise is based on a solid foundation is true because of the long, steady rise beforehand.  Bitcoin's price rise right now is not sustainable of course, but it's a long shot from a pump and is genuinely based on enthusiasm for the prospect of the ETF getting approved in my opinion.

But you're right that people are setting their hopes too high.  It's nice to be optimistic about price, but some of the press are quite silent about Bitcoin's recent jump compared to in 2013.  The only thing which could get Bitcoin more exposure is clickbait journalism from people who remember all the hype in 2013.
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March 04, 2017, 02:38:39 PM
 #33

I do think this is a mute point as of now since it is history now and there will keep being an ATH every hour from now on until March 11th quams it all. Depending on the outcome of the day.

Lots of punters have already built in their position. If you think that the ETF will get approved, it is better you get in early before the price starts rising. So the ones who are buying now are the real late entrants. I don't think the price will continuously rise till 11-Mar.


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March 04, 2017, 03:18:38 PM
 #34

It's all speculation on the ETF that's going to either pass or not on March 11th. It's either going to be a huge day for bitcoins or just another day. Assuming the ETF doesn't pass we can expect a $200 or $300 dip, but if it does pass we'll see steady increases and down the road looking to the future we'll see even more steady increases because of all of the money flowing in.

Expect some profit taking around the 8th/9th of March.

Remember that speculators buy the rumour and then protect their profits just before the news!
I was expecting if they will sell all of the bitcoin to take a profit at the news about SEC will release in the future. And actually this is become my main concern about the SEC approval. The final decision to take a big profit.

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March 04, 2017, 03:48:24 PM
 #35

It's all speculation on the ETF that's going to either pass or not on March 11th. It's either going to be a huge day for bitcoins or just another day. Assuming the ETF doesn't pass we can expect a $200 or $300 dip, but if it does pass we'll see steady increases and down the road looking to the future we'll see even more steady increases because of all of the money flowing in.

Expect some profit taking around the 8th/9th of March.

Remember that speculators buy the rumour and then protect their profits just before the news!
I was expecting if they will sell all of the bitcoin to take a profit at the news about SEC will release in the future. And actually this is become my main concern about the SEC approval. The final decision to take a big profit.

It would be safe to book some profits 2 to 3 days before and look how this are turning out. I think $1000 is good support for bitcoin. We have to see how market will react if ETF is rejected. Happy trading and investing guys!

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March 04, 2017, 04:12:54 PM
 #36

It's all speculation on the ETF that's going to either pass or not on March 11th. It's either going to be a huge day for bitcoins or just another day. Assuming the ETF doesn't pass we can expect a $200 or $300 dip, but if it does pass we'll see steady increases and down the road looking to the future we'll see even more steady increases because of all of the money flowing in.

Expect some profit taking around the 8th/9th of March.

Remember that speculators buy the rumour and then protect their profits just before the news!
I was expecting if they will sell all of the bitcoin to take a profit at the news about SEC will release in the future. And actually this is become my main concern about the SEC approval. The final decision to take a big profit.

It would be safe to book some profits 2 to 3 days before and look how this are turning out. I think $1000 is good support for bitcoin. We have to see how market will react if ETF is rejected. Happy trading and investing guys!

I would say as well that even a drop of 300$ to the price we have today would not really stop bitcoins upwards trend.
We would still be above christmas level, and that was only 2 and a half months ago.
To me a little correction downwards would be even appreciated.
It's all moving up too fast, the bigger the bubble gets, the louder it implodes.

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