[UPDATE] $1,800 HIT (Next goal is $1,900)

[digaran]

Good luck to those traders were able to sell $1400 per bitcoin in bitfinex only if they could withdrawal the fiat though. also what is hitted? it should be has hit or has reached I don't think hit has any past/future tense just like read.
Anyways since past 3 days the whole cryptocurrencies markets seeing some crazy pumps I don't know whether it's a distributed manipulation or bitcoin users actually are considering to use some alternatives?
Wu should be really proud of himself right now to keep damaging the bitcoin's image without thinking of consequences.
I wanna know what will BU lovers do if bitcoin starts to dump sub $1000?

[crairezx20]

The price that we are seen at bitfinex is only for bitfinex not only for other exchange site.. bitstamp or BTC-e as a default.. and i think we are still too far to reach the $1,4k value.
Do you think to go back in bitfinex to sell you bitcoin for me i am afraid to go back there becase of issue before..
But i hope that they are totally fix this issue that can push the price back more soon.

[Baofeng]

The price that we are seen at bitfinex is only for bitfinex not only for other exchange site.. bitstamp or BTC-e as a default.. and i think we are still too far to reach the $1,4k value.
Do you think to go back in bitfinex to sell you bitcoin for me i am afraid to go back there becase of issue before..
But i hope that they are totally fix this issue that can push the price back more soon.

I now think that $1500 is hittable but I have doubt we can do it in the next 30 days. Currently its 1339.11 in bitstamp. To really push it we need another goods new to boost its price to $1500. But hey, I'm not complaining, as long as the current price is really this high and not just a bubble then we are all good. 

[1Referee]

I now think that $1500 is hittable but I have doubt we can do it in the next 30 days.

Good thing is that there is no need to rush things. If it takes 3 months to reach the $1500 level on non inflated exchanges, then it's fine as well.

To really push it we need another goods new to boost its price to $1500.

The price isn't good news driven anymore as was the case years ago. It's the demand that largely makes the price go up, and speculators jump on it as they see that there is good money to be made. Result of that is that the price will go down at some point as speculators will cash out their profits. It's all part of the market. In that regard, realistically, it should settle around the $1200-$1300 mark for a while.

[BitcoinPanther]

I now think that $1500 is hittable but I have doubt we can do it in the next 30 days.

Good thing is that there is no need to rush things. If it takes 3 months to reach the $1500 level on non inflated exchanges, then it's fine as well.

I do agree, we can sit back and relax while bulls are taking care of the price increase of Bitcoin.  I also think if all went well with the ETF reconsideration then it is possible to reach $1500 within that 30 days.  Take note, smart contracts for Bitcoin is coming this June too.  There might be a pre-hype for this news.

To really push it we need another goods new to boost its price to $1500.

The price isn't good news driven anymore as was the case years ago. It's the demand that largely makes the price go up, and speculators jump on it as they see that there is good money to be made. Result of that is that the price will go down at some point as speculators will cash out their profits. It's all part of the market. In that regard, realistically, it should settle around the $1200-$1300 mark for a while.

Speculation is triggered by news and updates in technology and adoption.  So I do think that price is still driven by news either it is good or bad, just the reaction changes.  We cannot speculate something if we did not know something will happen.  And speculation is what drives the market price of Bitcoin.

[Weatherby]

I am not too sure from which exchange you are quoting this price but when i checked the price is yet to touch $1400 in the exchanges i am monitoring,it seems the bull run started when the SEC said it will be reviewing the winklevoss ETF and from what i understand the run will continue till the SEC rejects it. I am not sure whether SEC will have a change in view and that too in a couple of months,which is highly unlikely.

[cafucafucafu]

Actually, the topic of this thread is false.
We did not have 1400$ price level reached so far, unless you are talking about every single cryptocurrency exchanges, including bitfinex- because that is the only place where it has crossed over this price.
On the other places, the price was slighlty smaller. The all-time high is at 1377$ per bitcoin, which is a really good price if we consider how much bitcoin was worth 10 years ago.

I think that the time when it is so profitable to invest into bitcoin has passed, unless the btc/usd rate will drop below 1300$. I would not recommend buying on such a mountain.
That would make me just lose my money probably, i prefer to stay out of the risk.

[Sithara007]

I see as well that a lot of monrey goes into altcoins these days.
I think there is a bubble building up. And once that bubble implodes, all that money has to go somewhere.
A part will go back into fiat, and another part will move into bitcoin.

I can see that the Ethereum market cap is approaching the $7.5 billion mark. I am perplexed. What justifies this market cap? Reminds me of the dot com bubble of the 1990s. When it crashes, a lot of people are going to lose money.

[InvoKing]

Actually, the topic of this thread is false.
We did not have 1400$ price level reached so far, unless you are talking about every single cryptocurrency exchanges, including bitfinex- because that is the only place where it has crossed over this price.
On the other places, the price was slighlty smaller. The all-time high is at 1377$ per bitcoin, which is a really good price if we consider how much bitcoin was worth 10 years ago.

I think that the time when it is so profitable to invest into bitcoin has passed, unless the btc/usd rate will drop below 1300$. I would not recommend buying on such a mountain.
That would make me just lose my money probably, i prefer to stay out of the risk.

For the moment
GDAX $1,457.97
itBit $1,435.00
Gemini $1,452.00

Meanwhile Bitfinex $1,496.10 

[DonQuijote]

we are at 1500 $
Next target?

[LFC_Bitcoin]

we are at 1500 $
Next target?

The price isn't $1500 on most exchanges. It's just games by Bitfinex. The price on Stamp isn't even $1400 yet so let's concentrate on getting above $1400 across all exchanges before we get too excited.

[mike4001]

Can someone explain to me

On https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd => It shows USD 1416,96 at the moment.

But when I click on

https://bitcoinaverage.com/en/exchanges/gdax/btc-to-gbp => USD 1327,40
https://bitcoinaverage.com/en/exchanges/bitstamp/xrp-to-usd => USD 1390,81

So why is the above price higher then the only 2 exchanges bitcoinaverage has listed?

[InvoKing]

Can someone explain to me

On https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd => It shows USD 1416,96 at the moment.

But when I click on

https://bitcoinaverage.com/en/exchanges/gdax/btc-to-gbp => USD 1327,40
https://bitcoinaverage.com/en/exchanges/bitstamp/xrp-to-usd => USD 1390,81

So why is the above price higher then the only 2 exchanges bitcoinaverage has listed?

Bitcoinaverage is buggy though
Take a look on GDAX website, the price is $1458
Btw bitfinex +$1500 right now

[Syke]

The price on Stamp isn't even $1400 yet

Done.

[leowonderful]

Can someone explain to me

On https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd => It shows USD 1416,96 at the moment.

But when I click on

https://bitcoinaverage.com/en/exchanges/gdax/btc-to-gbp => USD 1327,40
https://bitcoinaverage.com/en/exchanges/bitstamp/xrp-to-usd => USD 1390,81

So why is the above price higher then the only 2 exchanges bitcoinaverage has listed?

Bitcoinaverage is buggy though
Take a look on GDAX website, the price is $1458
Btw bitfinex +$1500 right now

Not sure anybody takes Finex seriously anymore, but anything is welcome. I reckon if we don't get dumped to oblivion we could get to 1500 by the end of the week. Good stuff, nobody could have predicted this!

[bartolo]

It looks like we're already in the $ 1400 amid a mood of euphoria around cryptoworld. We arrived a little earlier than I thought but I think we have arrived well. As things stand it wouldn´t be strange to reach $ 1500 in the next month, anything is possible right now.

[the_poet]

Bitfinex currently at $1,533/BTC

[richardsNY]

Bitfinex currently at $1,533/BTC

Bitstamp reached $1425, which is $100 higher than was the case yesterday. It's insane how the price is being bought up. I am happy that I have done my buying largely well under the $500 level. As we speak -- I have cashed out some profits at $1404 as I think it won't go up much higher for now. Not sure when I will buy back, but there is no need to rush things at this point. I'll keep happily watching the market do its thing.

[Bitcoinsummoner]

Bitfinex currently at $1,533/BTC

Bitstamp reached $1425, which is $100 higher than was the case yesterday. It's insane how the price is being bought up. I am happy that I have done my buying largely well under the $500 level. As we speak -- I have cashed out some profits at $1404 as I think it won't go up much higher for now. Not sure when I will buy back, but there is no need to rush things at this point. I'll keep happily watching the market do its thing.

Not a good idea if we buy today since the price are really high. the price of bitfinex is always more price high than the other exchange site. even bitfinex are halving bad issue well they are still alive and active..
much better today is to watch the movement of the price if you are holding even a small amount of bitcoin sell it soon before we lose the opportunity to make profit.

[kolloh]

Yeah the differences in exchanges right now is pretty crazy with Bitfinex being way above all the others. I wouldn't use Bitfinex as a reliable gauge of the price though.

Bitstamp is sitting at 1408 and CoinBase shows $1455 so we are well on the way towards $1500 though.