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richardsNY
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April 21, 2017, 08:00:05 PM
 #21

Current high price has nothing to do with SegWit or Bitcoin Unlimited or scaling debate in general.
Initially I thought upward trend was a positive reaction to SegWit gaining more support but that might not be it.
I would rather guess that BTC price spiked due to USD withdrawal blockade on Bitfinex and Chinese exchanges.


Bitfinex experiencing difficulties is the only reason the price has gone up to where we stand right now. Segwit gaining more support? Not something that is visible. Instead, 50% of the blocks mined today signalled support for BU -- Segwit currently sits at 35%. If they continue to keep it at 50% or slightly over that number, another round of BU panic might start to kick in very soon. Not something to look forward to....
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April 22, 2017, 08:08:51 AM
 #22

The bifinex 'troubles' will clear up eventually. The price is effected by it, we can't deny it, but when their tranfers will go through again the price will stabilize again. Best if it stays above 1200 this time. I don't like the price flirting with 1100 again and again.
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April 22, 2017, 08:55:28 AM
 #23

it sometimes feel like people have forgotten what bitcoin is!

the words like "BU/ Segwit and dev roadblock." have no meaning when it comes to using bitcoin and the price and the bitcoin as an investment argument. all these are noise in the great scheme of things and when it comes down to the long term price rise. and we are already behind on the rise and we need some catching up to do.

lets go up to $1350 and test $1400 and then after the rise we will start the FUD about "BU/ Segwit and dev roadblock" and then then buy back cheap coins again at $1260.

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BitHodler
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April 22, 2017, 09:44:19 AM
 #24

The bifinex 'troubles' will clear up eventually. The price is effected by it, we can't deny it, but when their tranfers will go through again the price will stabilize again. Best if it stays above 1200 this time. I don't like the price flirting with 1100 again and again.
If everything goes back to normal, people will either dump their coins in order to gain back fiat, or those larger players that have plenty of fiat aside will pump the price even further.

I personally tend to go for the afore mentioned example as that is the most likely scenario. I however don't think it will have a massive negative impact on the price.

My guess is that if the price happens to drop, it will be in the range of $1150-$1200 which isn't all that bad. I am very happy with the fact alone that we have been over the $1000 mark for such a long time.

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April 22, 2017, 10:16:01 AM
 #25

The bifinex 'troubles' will clear up eventually. The price is effected by it, we can't deny it, but when their tranfers will go through again the price will stabilize again. Best if it stays above 1200 this time. I don't like the price flirting with 1100 again and again.

If you saying bitfinex crises means you need to know that we already moving again to peak value. Price seems almost near to 1250$ now. Rate of adoption over blockchain technology seems to more than 30% compared to 2015.
Bitcoin will be familiar to all the people in the world much soon. Once it's happened I am sure people have 1 or 2 bitcoins also will become a millionaire.
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April 22, 2017, 12:01:28 PM
 #26

The bifinex 'troubles' will clear up eventually. The price is effected by it, we can't deny it, but when their tranfers will go through again the price will stabilize again. Best if it stays above 1200 this time. I don't like the price flirting with 1100 again and again.
If everything goes back to normal, people will either dump their coins in order to gain back fiat, or those larger players that have plenty of fiat aside will pump the price even further.

I personally tend to go for the afore mentioned example as that is the most likely scenario. I however don't think it will have a massive negative impact on the price.

My guess is that if the price happens to drop, it will be in the range of $1150-$1200 which isn't all that bad. I am very happy with the fact alone that we have been over the $1000 mark for such a long time.

one thing you are forgetting about traders is that they don't wait around. they want their money and they want it fast, if you are waiting around then you are not a trader.

this means in case someone has bought bitcoin in bitfinex to get out, they are already trading again by selling those coins on someplace else and buying and selling and buying ,... you see where i am going with this.

actually because they sold their BFX coins on other exchanges they experienced lower prices (specially on bitstamp).

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April 22, 2017, 01:52:21 PM
 #27

The bifinex 'troubles' will clear up eventually. The price is effected by it, we can't deny it, but when their tranfers will go through again the price will stabilize again. Best if it stays above 1200 this time. I don't like the price flirting with 1100 again and again.

If you saying bitfinex crises means you need to know that we already moving again to peak value. Price seems almost near to 1250$ now. Rate of adoption over blockchain technology seems to more than 30% compared to 2015.
Bitcoin will be familiar to all the people in the world much soon. Once it's happened I am sure people have 1 or 2 bitcoins also will become a millionaire.
I cannot believe that anyone is really hoping, that having 1 or 2 or even 3 bitcoins can make you millionaire in some time, let's say 15 years.
There are so many cryptocurrencies at this moment, that there is always a chance of bitcoin getting smashed by some altcoin, which will turn out as a something which applies new, great technological solutions to a different branches of industries (not necessarily financial sector), which will mean that price of the BTC won't be so high.

Also, i dont understand the way of thinking that bitcoin price will be able to go to the 500,000 EUR , or let's say even 50,000 in 2020.
Being optimistic, I think that the biggest price we can see in 2020 on bitcoin, is somewhere between 2000-2500$, i doubt it will be more.
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April 22, 2017, 05:10:43 PM
 #28

The bifinex 'troubles' will clear up eventually. The price is effected by it, we can't deny it, but when their tranfers will go through again the price will stabilize again. Best if it stays above 1200 this time. I don't like the price flirting with 1100 again and again.

If you saying bitfinex crises means you need to know that we already moving again to peak value. Price seems almost near to 1250$ now. Rate of adoption over blockchain technology seems to more than 30% compared to 2015.
Bitcoin will be familiar to all the people in the world much soon. Once it's happened I am sure people have 1 or 2 bitcoins also will become a millionaire.
I cannot believe that anyone is really hoping, that having 1 or 2 or even 3 bitcoins can make you millionaire in some time, let's say 15 years.
There are so many cryptocurrencies at this moment, that there is always a chance of bitcoin getting smashed by some altcoin, which will turn out as a something which applies new, great technological solutions to a different branches of industries (not necessarily financial sector), which will mean that price of the BTC won't be so high.

Also, i dont understand the way of thinking that bitcoin price will be able to go to the 500,000 EUR , or let's say even 50,000 in 2020.
Being optimistic, I think that the biggest price we can see in 2020 on bitcoin, is somewhere between 2000-2500$, i doubt it will be more.

Yeah, this sounds unbelivable but so many people realy beleive they will become rich with couple of coins just if they wait long enough. But there is no chance for some extremly high price in the near future and you can't predict what will happen with Bitcoin in 15 or 20 years from now.
For all this users it will be better to stop dreaming and get to reality.

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April 22, 2017, 05:14:05 PM
 #29

The bifinex 'troubles' will clear up eventually. The price is effected by it, we can't deny it, but when their tranfers will go through again the price will stabilize again. Best if it stays above 1200 this time. I don't like the price flirting with 1100 again and again.

If you saying bitfinex crises means you need to know that we already moving again to peak value. Price seems almost near to 1250$ now. Rate of adoption over blockchain technology seems to more than 30% compared to 2015.
Bitcoin will be familiar to all the people in the world much soon. Once it's happened I am sure people have 1 or 2 bitcoins also will become a millionaire.
Well, too far to become a millionaire by having 1 or 2 bitcoins. It must have a very high price for 1 or 2 bitcoins. Which of course bitcoin prices will certainly go up, although sometimes very many problems that can make bitcoin prices to go down.


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April 22, 2017, 10:46:57 PM
 #30

Why is BTC up with the BU/ Segwit and dev roadblock.
any views?
Bitcoin keeps going up because that's what it was designed to do.
Price dips are merely either normal small corrections or aberrations caused by panic, FUD, etc.
The BU/Segwit and development "roadblocks" are overrated by many and one cause of such FUD and panic.
No big deal.
The scaling issues are not at all over rated in any way,you have to understand the fact that transaction delays and the increase in transaction charges are a big issue and it will keep on increasing when more people started using it on a daily basis.You have to accept certain limitations then only we can rectify that and keep the development moving forward in the right direction.
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April 22, 2017, 10:57:27 PM
 #31

The price of bitcoins is going up as it was predicted to be .nothing will affect bitcoins,after SEC rejected bitcoins there was a panic over all and the price of bitcoins went down a lot and well now the price of bitcoins is  going up and up and soon it will reach upto 2000$.

not many of us that predict bitcoin price will be up like now and more high. we can only predict and see what will happen. and if bitcoin price is up like now and will reach more higher, then we can be happy to see this and we can start to sell our bitcoin to reach profit too. but for trader that only doing trading with btc-altcoin, then i think this time, altcoin will be in red flag and only waiting for bitcoin price gets stagnan or down so the altcoin will be up too and we can reach another profit.

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April 22, 2017, 11:57:43 PM
 #32

For this year's bitcoin awesome performance in the digital market I believed btc will be going up and will have the biggest profitable value ever in the history. So we should be investing for our future and hold it for good vision. We should spread the good news on this currency many will be much interested and users will increase in numbers which helped price became more bigger.


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April 23, 2017, 07:44:44 AM
 #33

The price of bitcoins is going up as it was predicted to be .nothing will affect bitcoins,after SEC rejected bitcoins there was a panic over all and the price of bitcoins went down a lot and well now the price of bitcoins is  going up and up and soon it will reach upto 2000$.

not many of us that predict bitcoin price will be up like now and more high. we can only predict and see what will happen. and if bitcoin price is up like now and will reach more higher, then we can be happy to see this and we can start to sell our bitcoin to reach profit too. but for trader that only doing trading with btc-altcoin, then i think this time, altcoin will be in red flag and only waiting for bitcoin price gets stagnan or down so the altcoin will be up too and we can reach another profit.

Looks like bitcoin is ready to have a new ATH this year. Its almost $1400 and I think it will continue to rise. Almost all of alt-coin is green as well, so it looks like a good week for cryto-currency. I hope that trend will continue and we all love that, there will be a few dumps I believe because investors are selling to get profit. Alt-coins though are different, there are just there for pump and dump practice by some professional traders to gain money.


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April 23, 2017, 01:18:46 PM
 #34

The price of bitcoins is going up as it was predicted to be .nothing will affect bitcoins,after SEC rejected bitcoins there was a panic over all and the price of bitcoins went down a lot and well now the price of bitcoins is  going up and up and soon it will reach upto 2000$.

not many of us that predict bitcoin price will be up like now and more high. we can only predict and see what will happen. and if bitcoin price is up like now and will reach more higher, then we can be happy to see this and we can start to sell our bitcoin to reach profit too. but for trader that only doing trading with btc-altcoin, then i think this time, altcoin will be in red flag and only waiting for bitcoin price gets stagnan or down so the altcoin will be up too and we can reach another profit.

Looks like bitcoin is ready to have a new ATH this year. Its almost $1400 and I think it will continue to rise. Almost all of alt-coin is green as well, so it looks like a good week for cryto-currency. I hope that trend will continue and we all love that, there will be a few dumps I believe because investors are selling to get profit. Alt-coins though are different, there are just there for pump and dump practice by some professional traders to gain money.

don't look at bitfinex price, at this point because of the things that are going on with that exchange the price is not real. instead look at other places. bitcoin price is at a realistic price of $1230-$1250 in everywhere else.
and the up-trend is there though. we are still on the same rising path as before. even from the time of 600-700 and then breaking the $1000 for the first time. it is still the same rise.

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April 23, 2017, 01:53:17 PM
 #35

The price of bitcoins is going up as it was predicted to be .nothing will affect bitcoins,after SEC rejected bitcoins there was a panic over all and the price of bitcoins went down a lot and well now the price of bitcoins is  going up and up and soon it will reach upto 2000$.

not many of us that predict bitcoin price will be up like now and more high. we can only predict and see what will happen. and if bitcoin price is up like now and will reach more higher, then we can be happy to see this and we can start to sell our bitcoin to reach profit too. but for trader that only doing trading with btc-altcoin, then i think this time, altcoin will be in red flag and only waiting for bitcoin price gets stagnan or down so the altcoin will be up too and we can reach another profit.

Looks like bitcoin is ready to have a new ATH this year. Its almost $1400 and I think it will continue to rise. Almost all of alt-coin is green as well, so it looks like a good week for cryto-currency. I hope that trend will continue and we all love that, there will be a few dumps I believe because investors are selling to get profit. Alt-coins though are different, there are just there for pump and dump practice by some professional traders to gain money.



$1400? where you see this high value, all i see on kraken is $1260, you must been confusing with the peak, bitcoin last time i remember never went to $1400 not even by mistake, highest was always below $1300

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April 23, 2017, 02:04:09 PM
 #36

For this year's bitcoin awesome performance in the digital market I believed btc will be going up and will have the biggest profitable value ever in the history. So we should be investing for our future and hold it for good vision. We should spread the good news on this currency many will be much interested and users will increase in numbers which helped price became more bigger.
Bitcoin performance is good for me this month bitcoin price decrease in last 2 weeks and i bought some of bitcoins to hold them and now i made up profit for holding the, also i already sold them bitcoin is really the biggest profitable currency from internet that people can use. Facebook can be the way to spread about this currency also those referral on how to earn bitcoins.
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April 23, 2017, 02:38:00 PM
 #37

The price of bitcoins is going up as it was predicted to be .nothing will affect bitcoins,after SEC rejected bitcoins there was a panic over all and the price of bitcoins went down a lot and well now the price of bitcoins is  going up and up and soon it will reach upto 2000$.

not many of us that predict bitcoin price will be up like now and more high. we can only predict and see what will happen. and if bitcoin price is up like now and will reach more higher, then we can be happy to see this and we can start to sell our bitcoin to reach profit too. but for trader that only doing trading with btc-altcoin, then i think this time, altcoin will be in red flag and only waiting for bitcoin price gets stagnan or down so the altcoin will be up too and we can reach another profit.

Looks like bitcoin is ready to have a new ATH this year. Its almost $1400 and I think it will continue to rise. Almost all of alt-coin is green as well, so it looks like a good week for cryto-currency. I hope that trend will continue and we all love that, there will be a few dumps I believe because investors are selling to get profit. Alt-coins though are different, there are just there for pump and dump practice by some professional traders to gain money.



Bitfinex needs to fix it's bank issue! This is the reason the spread between this exchange and all the others is so high at the moment. For people to get out of Finex they pay a premium for Bitcoin because they can't withdraw fiat.
But imo they will find a solution. However still an uncomfortable situation.Therefore the overall price of Bitcoin is looking really good at the moment.
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April 23, 2017, 03:29:43 PM
 #38

Bitfinex needs to fix it's bank issue! This is the reason the spread between this exchange and all the others is so high at the moment. For people to get out of Finex they pay a premium for Bitcoin because they can't withdraw fiat.
But imo they will find a solution. However still an uncomfortable situation.Therefore the overall price of Bitcoin is looking really good at the moment.

that is just explaining why bitfinex price is high though. and i have no idea where @Kemarit brought the $1400 from that he says "it is so close" even on bitfinex price is $1330-50
here is to hoping bitfinex fixes the issue faster Smiley

and this rise i believe is mainly the normal rise that were supposed to happen. if you think about it. we were talking about $1300 not long ago, right before the BU SPLIT FUD!

There is a FOMO brewing...
PokerFace3
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April 23, 2017, 05:08:25 PM
 #39

Bitfinex needs to fix it's bank issue! This is the reason the spread between this exchange and all the others is so high at the moment. For people to get out of Finex they pay a premium for Bitcoin because they can't withdraw fiat.
But imo they will find a solution. However still an uncomfortable situation.Therefore the overall price of Bitcoin is looking really good at the moment.
What is premium ? but I do see bitfinex prices are flying regardless of their recent wire transfer problems. Maybe all traders are just buying bitcoins with their fiats and making prices to go beyond $1350 levels. But I do see preev is talking bitfinex and giving us weighted bitcoin prices which might be a wrong one to refer as of now. (any option to uncheck bitfinex in prrev ? I just tried but I am not finding any option to edit exchange preferences.)
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April 23, 2017, 10:43:55 PM
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I think that the price of bitcoin continue to grow up, cause of expectations about fork and BU didn't come true and people again start to invest in bitcoin without any scares which where based on changings that BU and fork may lead to.
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