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Author Topic: A new milestone 2000$  (Read 2398 times)
Tyrantt (OP)
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May 19, 2017, 10:02:22 AM
 #1

Bitcoin as at 1945$ right now (preev.com), the 2000$ will be the new mile stone. What re your thought on the whole situation once btc hits 2k4? Will fees go up again, will there be a mass selling, will btc continue to deal with the this situation this it's in now with the miners and fees and with this rate where the price jumped for 700$ in one month, when will we see the 3k$ mark hit?

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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May 19, 2017, 10:40:53 AM
 #2

Everything is possible. Just for this month we experience huge price change, and we are very close to hitting 2000 very close on some exchanges is little less the 30$ that is very small amount and can be easily jump to over 2000$. Think that it will be just moment peak when hitting this margin and that price may be drop for 50$ down after that or we might see something that is really familiar word around here "To the moon".



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May 19, 2017, 10:57:30 AM
 #3

We are getting closer to $2000 price. I guess there would be a mass selling if we ever reach that price. I think most of bitcoiner is also waiting for that before they are going to sell as they are also expecting a mass selling. So they are going to take a profit before it goes down a bit again.
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May 19, 2017, 11:30:26 AM
 #4

Everything is possible. Just for this month we experience huge price change, and we are very close to hitting 2000 very close on some exchanges is little less the 30$ that is very small amount and can be easily jump to over 2000$. Think that it will be just moment peak when hitting this margin and that price may be drop for 50$ down after that or we might see something that is really familiar word around here "To the moon".

$2000 is almost there. But I still believe that there will be some correction price that will last a few days. But then we will see the price rising slowly. As what I have said before, any prediction on bitcoin price is really possible now. There is no stopping now. Bitcoin really proves a lot of its distractor wrong. You will see threads here saying that bitcoin will die or bitcoin is dead now. But look how the price of bitcoin. No one has ever imagine beginning 2017 that we going to touch $2000 and now its within reach. I hope the price will be sustainable so that its truly going to the moon from now on.

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May 19, 2017, 11:39:25 AM
 #5

We are getting closer to $2000 price. I guess there would be a mass selling if we ever reach that price. I think most of bitcoiner is also waiting for that before they are going to sell as they are also expecting a mass selling. So they are going to take a profit before it goes down a bit again.

$2000 is a nice, round number, it may trigger some selling, but as you said, there's tons of people dreaming to buy cheaper BTC to get in the boat, so they are going to be buying as soon as a good dip happens, it will be going up quickly after.

Once $2000 is broken, the psychological barrier is also broken for the uptrend, so sky is the limit. Once we double the 2013 peak then 5 figures is the next step.
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May 19, 2017, 11:42:41 AM
 #6

Even though it's just Bitfinex that touched the $2000 level, I am very happy with how we have come to this point. I made a nice screenshot from Bitcoinity's ticker at $2000 with the yellow all time high signals. If you at the end of 2016 would have asked me whether or not I thought the price would touch $2000 this year, my answer would be a clear no. But I can happily say that I was wrong. How often does it happen that you're wrong, but it plays out in your advantage big time? Grin
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May 19, 2017, 11:48:50 AM
 #7

$2,000 is just around the corner. If you check Bitfinex, BTC is being traded now ar $1,985. Its trully surprising as to what exactly is driving BTC price nowadays that the price is going uphill. Aside from Australia and Japan taking a step in regulating Bitcoins, what else is out there that drives the price to go up.
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May 19, 2017, 12:53:29 PM
 #8

$2,000 is just around the corner. If you check Bitfinex, BTC is being traded now ar $1,985. Its trully surprising as to what exactly is driving BTC price nowadays that the price is going uphill. Aside from Australia and Japan taking a step in regulating Bitcoins, what else is out there that drives the price to go up.
Russia is moving towards legalising bitcoin and the voluume on localbitcoins is breaking new records every week worldwide
bucjkle your seatbelts gentlemen
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May 19, 2017, 01:08:19 PM
 #9

Bitcoin as at 1945$ right now (preev.com), the 2000$ will be the new mile stone. What re your thought on the whole situation once btc hits 2k4? Will fees go up again, will there be a mass selling, will btc continue to deal with the this situation this it's in now with the miners and fees and with this rate where the price jumped for 700$ in one month, when will we see the 3k$ mark hit?

New milestone indeed will be listed on its history so better we should stake for more maybe the 3000$ would be possible for us to see.

But the question is how would bitcoins price go for more does this one would break another history level? This event would make me feel excited on what would be happen on next following days so better chill up guys.  Grin


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May 19, 2017, 01:26:29 PM
 #10

with the way bitcoin price is rising the bitcoin fees are going to go through the roof! not only the USD value of the fees is rising but also with more price rise there will be a lot more transactions and also eventually a lot more adoption hence more transactions! and that will mess things up a lot about fees Smiley

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May 19, 2017, 01:43:11 PM
 #11

Life for bitcoin is little getting closer to it so possibly we can see that 2000$ would be reach by next week or shall we say on the other week since its almost reaching for that price right now. And this happening would surely be happen since im so sure that many of us are staking and just triggered to sell but been stop by its positive uprise so the result of the remaining holding faith will be coming to upward movements.

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May 19, 2017, 02:07:58 PM
 #12

At the beginning of the year I was not at all expecting bitcoin to reach $2000 in just half a year, almost everyone was expecting it to reach $2000 by end of this year, but man this soon no one expected it. But well I'm still holding.
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May 19, 2017, 02:49:37 PM
 #13

Bitfinex hit $2000! soon other exchanges will follow up. this is really exciting! Smiley
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May 19, 2017, 03:03:14 PM
 #14

It's of course nice to see that we have touched the $2000 level, but don't forget that it's just a temporary milestone. Eventually we'll look back at $2000 in the same way as we look at the $1000 level right now. I cashed out profits between $1900-$1920 at Bitstamp, but I am seriously tempted to cash out more profits at current levels -- but I'll remain strong and keep holding the rest.
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May 19, 2017, 03:12:12 PM
 #15

on April last month i wasn't believe my friend tell to me that the price of bitcoin will so high soon but apparently his predictions was really come true that the price almost reach to $2000 and soon next peak would be those price but indeed I kind of objected to the fees y
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May 19, 2017, 03:40:04 PM
 #16

It's nice to see that we're approaching to a new milestone and it's only a matter of time when price will hit 2000$ mark and we can move to new target.Not to many BTC users sell their coins these days because there is almost no opportunity to buy them back at a lower price.But some are likely to sell some % of coins at 2k,and there will be correction.As I see now even on Bitfinex price is around 1960$.

This will be a long hot summer for BTC,hope there will be some solution for block size soon.This could double price before end of this year Smiley


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May 19, 2017, 04:45:23 PM
 #17

there are many speculation like this that bitcoin would really hit the $2000 and now that I am seeing the price I think it is a fact that it will really hit it, I think that the $3000 mark value would very resistant I guess, because this value mark is a mile streak for bitcoin it is a record in the making a first time move of bitcoin and this is really a big news for us that is why I think there are some that's gonna dump their bitcoin because of sudden spike drop of it.
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May 19, 2017, 10:14:18 PM
 #18

When we hit $2000, it'll get a lot of main stream media attention. Although this might seem amazing to us, the vast majority of people still know nothing about Bitcoin, so we'll see new investors and more FOMO. It could shoot us towards $4k... Wink

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May 19, 2017, 11:05:18 PM
 #19

on April last month i wasn't believe my friend tell to me that the price of bitcoin will so high soon but apparently his predictions was really come true that the price almost reach to $2000 and soon next peak would be those price but indeed I kind of objected to the fees y

haha similar situation here, I was talking to my  friend a few months back about the bitcoin price and he said that bitcoin had no chance of going over 1500$ but from that on, I'm just sending hi screenshots of bitcoin price every time it jumps for 100$.


When we hit $2000, it'll get a lot of main stream media attention. Although this might seem amazing to us, the vast majority of people still know nothing about Bitcoin, so we'll see new investors and more FOMO. It could shoot us towards $4k... Wink

When bitcoin hits high price enough a lot more investors will jump in and I'd like to see more businesses jumping in. It's a lot easier to explain to someone what bitcoin is than to get some business involved in it. Smiley

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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May 19, 2017, 11:25:25 PM
 #20

Bitcoin as at 1945$ right now (preev.com), the 2000$ will be the new mile stone. What re your thought on the whole situation once btc hits 2k4? Will fees go up again, will there be a mass selling, will btc continue to deal with the this situation this it's in now with the miners and fees and with this rate where the price jumped for 700$ in one month, when will we see the 3k$ mark hit?
It is rather funny that with the ATH comes the lowest performance of bitcoin network ever registered.
We have entered and a era where 200k of unconfirmed transactions in the mem pool is not shocker for anyone.
There is high risk of serious consequences if don't find a way to upgrade bitcoin soon. If we do nothing BTC will crash.
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May 19, 2017, 11:58:30 PM
 #21

We are at the brink of yet another milestone and i am expecting a correction after touching this value or we will be seeing more power to push through this resistance ,i am really surprised that we are still going strong with the transaction delay ,i am waiting with fingers crossed.
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May 20, 2017, 12:07:05 AM
 #22

Well in india it has reached the milestone and the price of bitcoins is more than 2000$ and to be precise the price of bitcoins is more than 2234$.Well according to me,we can predict that the price of bitcoins would be more than 4000$ by the end of this year.
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May 20, 2017, 12:10:24 AM
 #23

How often does it happen that you're wrong, but it plays out in your advantage big time? Grin

Honestly, for whatever reason this happens to me constantly.

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May 20, 2017, 12:42:21 AM
 #24

I hope that today morning when I will wake up, I will see nice numbers $2000. Damn, I never was such optimistic about bitcoin price movement like now. At start of 2017 I expected that it will take whole year to reach $2000 but I was completely wrong. And now I can't imagine how big milestone bitcoin can reach by the end of the year.

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May 20, 2017, 01:07:04 AM
 #25

$2002!  It happened!

1BTC > $2000 as of right now.
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May 20, 2017, 02:43:06 AM
 #26

This should hit some headlines in America. $2000 USD is not for a ponzi, or some experiment. $2000 a piece is for freedom from any governments and freedom to own the people's currency. I'm glad I'm part of this.
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May 20, 2017, 03:28:13 AM
 #27

It's really frustrating that I didn't see with my own eyes when the price hits $2000 for the first time because I'm at sleep when it happens. And never I expected that we will reach such as this huge price just only for this month and its really big achievement to reach this far.
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May 20, 2017, 03:58:03 AM
 #28

It's really frustrating that I didn't see with my own eyes when the price hits $2000 for the first time because I'm at sleep when it happens. And never I expected that we will reach such as this huge price just only for this month and its really big achievement to reach this far.

Coinmarketcap shows the current price at $2006.
It has crossed $2k on almost all exchanges. This price is not due to any one exchange in the world getting manipulated.  Grin
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May 20, 2017, 04:59:07 AM
 #29

$2,000 is just around the corner. If you check Bitfinex, BTC is being traded now ar $1,985. Its trully surprising as to what exactly is driving BTC price nowadays that the price is going uphill. Aside from Australia and Japan taking a step in regulating Bitcoins, what else is out there that drives the price to go up.

See the overall companies adopting bitcoins. The usage of Bitcoins, the adaption of it and now even the hackers using to get money from people in the form of Ransomware virus and that too in bitcoins. There is no stoppage of bitcoins as we are moving towards a digital world.
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May 20, 2017, 05:32:02 AM
 #30

It's really frustrating that I didn't see with my own eyes when the price hits $2000 for the first time because I'm at sleep when it happens. And never I expected that we will reach such as this huge price just only for this month and its really big achievement to reach this far.

Coinmarketcap shows the current price at $2006.
It has crossed $2k on almost all exchanges. This price is not due to any one exchange in the world getting manipulated.  Grin

On several is still under 2000 but it wont be much longer. We witness new ATH and let just be like this this month and whole year. Hope that we wont see after just few hours dumping down in price. We should not allowed price to go under 2000 not anymore.



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May 20, 2017, 05:43:57 PM
 #31

It's really frustrating that I didn't see with my own eyes when the price hits $2000 for the first time because I'm at sleep when it happens. And never I expected that we will reach such as this huge price just only for this month and its really big achievement to reach this far.

Coinmarketcap shows the current price at $2006.
It has crossed $2k on almost all exchanges. This price is not due to any one exchange in the world getting manipulated.  Grin

On several is still under 2000 but it wont be much longer. We witness new ATH and let just be like this this month and whole year. Hope that we wont see after just few hours dumping down in price. We should not allowed price to go under 2000 not anymore.
Now it is very difficult to react and predict something about the Bitcoin price. And in general, future crypto currency before the end of this year. Even today's price level can be very doubtful for prolonged freezing. I think that in the summer the price will continue to hold this level.

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May 20, 2017, 06:25:03 PM
 #32

It's really frustrating that I didn't see with my own eyes when the price hits $2000 for the first time because I'm at sleep when it happens. And never I expected that we will reach such as this huge price just only for this month and its really big achievement to reach this far.

Coinmarketcap shows the current price at $2006.
It has crossed $2k on almost all exchanges. This price is not due to any one exchange in the world getting manipulated.  Grin

On several is still under 2000 but it wont be much longer. We witness new ATH and let just be like this this month and whole year. Hope that we wont see after just few hours dumping down in price. We should not allowed price to go under 2000 not anymore.
Now it is very difficult to react and predict something about the Bitcoin price. And in general, future crypto currency before the end of this year. Even today's price level can be very doubtful for prolonged freezing. I think that in the summer the price will continue to hold this level.

It is just predictions and speculations and there is no one capable of seeing the future of bitcoin I think only GOD can, but we mere humans all would have to do is just speculating this and that but I think we can surely predict some movement or fluctuation of bitcoin by reading the news and a good thing happen to bitcoin or some bad things that happen or dumping of some users of their BTC in these kind of news and some major set backs we can surely have an idea of the movement of bitcoin, but these are just prediction at hand and not all have a relation that sometimes it can happen.
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May 20, 2017, 07:08:16 PM
 #33

We have 2000 $ finally,lets open champaigne.Ltc completed Seagwit activation.There are expectations that btc will follow

 
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May 20, 2017, 07:21:10 PM
 #34

I hope that today morning when I will wake up, I will see nice numbers $2000. Damn, I never was such optimistic about bitcoin price movement like now. At start of 2017 I expected that it will take whole year to reach $2000 but I was completely wrong. And now I can't imagine how big milestone bitcoin can reach by the end of the year.

Well for almost all of us, bitcoin proves us wrong. Yeah, I still remember around March after the SEC has rejected the Coin ETF, everybody is saying that bitcoin is dead because there was a panic sell. The price  going down to around < $950. But look at the price now. Touching $2000. What a strong recovery!!!









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May 20, 2017, 07:23:42 PM
 #35

We have 2000 $ finally,lets open champaigne.Ltc completed Seagwit activation.There are expectations that btc will follow

We never did have the Bitcoin Yacht party for when it hit $1000 got stuck in the range and then the tickets and reservations took to long to book.
Ha-ha someone should rebuild that idea sometime but nice to see 2K. Year to Price Parity.

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May 20, 2017, 07:25:14 PM
 #36

History has being made by crossing the $2000 hurdle.Now we will be having a lot of attention because it is the only stock in the entire world that has risen 100% in valuation in 2017 and the people who invested in it had their profits and so we will get a lot of media attention now and we could see more rally now, but the question remains when will we see a correction after all these rallies so that i can buy back some. Smiley
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May 20, 2017, 07:41:26 PM
 #37

Price didn't even hesitate too long when penetrating 2000mark. I think the upward energy remains very strong.

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May 20, 2017, 07:59:57 PM
 #38

It's actually thrilling. Bitcoin's got $2000. Can't stop thinking about it.
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May 20, 2017, 08:08:37 PM
 #39

Bitcoin is in the process of establishing it self as the new number 1 store of value and it's a beautiful ride!
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May 20, 2017, 08:39:31 PM
 #40

All I know is that there is a race going on in crypto currencies world and as it seems Bitcoin is trying to stay number one.

I wonder how  much further other coins can push their prices up until they run out of juice.

$2031 and climbing, $33B market share and still number one. miners need to expect a difficulty increase soon.

I just wish that price stays above $2000 for at least another 2 weeks to see what happens with difficulty I want to see if they're related.
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May 20, 2017, 10:53:17 PM
 #41

All I know is that there is a race going on in crypto currencies world and as it seems Bitcoin is trying to stay number one.

I wonder how  much further other coins can push their prices up until they run out of juice.

$2031 and climbing, $33B market share and still number one. miners need to expect a difficulty increase soon.

I just wish that price stays above $2000 for at least another 2 weeks to see what happens with difficulty I want to see if they're related.

At this moment having a price above 2000 dollar is important because if we lose it a big correction may come. But seeing the price on 2060 on coinmarketcap is making me happy though.
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May 20, 2017, 11:42:00 PM
 #42

This has been a meteoric race that is surprising me a lot. Few months ago it seemed almost impossible to see the Bitcoin price breaking the $2000 mark, and nowadays I am convinced that this is just the beginning, and this same year we will see an impressive record high.
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May 20, 2017, 11:42:07 PM
 #43

Bitcoin as at 1945$ right now (preev.com), the 2000$ will be the new mile stone. What re your thought on the whole situation once btc hits 2k4? Will fees go up again, will there be a mass selling, will btc continue to deal with the this situation this it's in now with the miners and fees and with this rate where the price jumped for 700$ in one month, when will we see the 3k$ mark hit?
It seems bitcoin does not stop, every single day a new all time high is reached and everyone is making more and more money at the time I write bitcoin is 2029 on preev.com time to update the thread or create a new one.
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May 20, 2017, 11:55:00 PM
 #44

No one has ever imagine beginning 2017 that we going to touch $2000...

This was a big surprise for me, I remember telling someone that bitcoin would only reach $2000 at the end of the year. Who could have imagined that it would reach $2000 so soon

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May 21, 2017, 12:17:47 AM
 #45

We are getting closer to $2000 price. I guess there would be a mass selling if we ever reach that price. I think most of bitcoiner is also waiting for that before they are going to sell as they are also expecting a mass selling. So they are going to take a profit before it goes down a bit again.

$2000 is a nice, round number, it may trigger some selling, but as you said, there's tons of people dreaming to buy cheaper BTC to get in the boat, so they are going to be buying as soon as a good dip happens, it will be going up quickly after.

Once $2000 is broken, the psychological barrier is also broken for the uptrend, so sky is the limit. Once we double the 2013 peak then 5 figures is the next step.
And it is now broken, my dear sir.  At least it says $2010 on the wallet I use, and I believe it.  Haven't checked preev yet.  At $1800 I was expecting a major correction but it did not come.  I agree that this is an important milestone.  I truly believe it's just one stop on the way to $10,000 and higher.  Going to hold on to what I have and I'll probably buy more when I get money.
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May 21, 2017, 02:21:46 AM
 #46

No one has ever imagine beginning 2017 that we going to touch $2000...

This was a big surprise for me, I remember telling someone that bitcoin would only reach $2000 at the end of the year. Who could have imagined that it would reach $2000 so soon

Expected it to reach $2000 before July this year but woohoo the price made an unexpected record and almost all the exchanges passed the $2k barrier except the Chinese -$30 to go

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May 21, 2017, 02:38:37 AM
 #47

No one has ever imagine beginning 2017 that we going to touch $2000...

This was a big surprise for me, I remember telling someone that bitcoin would only reach $2000 at the end of the year. Who could have imagined that it would reach $2000 so soon

Expected it to reach $2000 before July this year but woohoo the price made an unexpected record and almost all the exchanges passed the $2k barrier except the Chinese -$30 to go

Chinese exchanges lagging in the price is simply the impact of the bitcoin fake volume issue that got​ resolved months back causing a big price drop. Soon the price on the Chinese exchanges too will cross the barrier $2000 as the regulations on bitcoin withdrawal in China is going little liberal slowly.

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May 21, 2017, 02:53:46 AM
 #48

Not really a milestone, how many Bitcoins could you sell @$2000+? I'll bet not so many, this price is backing $1500 and locking it in place, imagine you had 5 million Bitcoins and you wanted to sell them all in a week, do you think you could sell more than 500K coins above $1500?
I don't know people are holding back and don't dump, I need to get some cheaper coins please:).

Many of governments will start to realize how easy that is to mine Bitcoin with all the resources at their disposal, I just don't know whether they all are complete morons or indeed are mining for so long?
Next so called milestone I presume would be $2800 if market keeps the current mood for another month.

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May 21, 2017, 02:54:45 AM
 #49

We are getting closer to $2000 price. I guess there would be a mass selling if we ever reach that price. I think most of bitcoiner is also waiting for that before they are going to sell as they are also expecting a mass selling. So they are going to take a profit before it goes down a bit again.

$2000 is a nice, round number, it may trigger some selling, but as you said, there's tons of people dreaming to buy cheaper BTC to get in the boat, so they are going to be buying as soon as a good dip happens, it will be going up quickly after.

Once $2000 is broken, the psychological barrier is also broken for the uptrend, so sky is the limit. Once we double the 2013 peak then 5 figures is the next step.
And it is now broken, my dear sir.  At least it says $2010 on the wallet I use, and I believe it.  Haven't checked preev yet.  At $1800 I was expecting a major correction but it did not come.  I agree that this is an important milestone.  I truly believe it's just one stop on the way to $10,000 and higher.  Going to hold on to what I have and I'll probably buy more when I get money.

The price is jumping on an hourly basis. The price is $2064 on coinmarketcap now.
That is a $50 jump in the last couple of hours. I expect a pullback, but we definitely are in a bull run.

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May 21, 2017, 03:00:29 AM
 #50

since an incident, it is would affect bitcoin price, of WannaCry, some of the people truly thought that sending bitcoin would decrypt their files, soars the bitcoin price. after that ransomware has gone, IMO the bitcoin price will down for at least 10% before another jump can be accomplished. set the target of selling to $3000; unless the price of bitcoin goes $1900 or lower within a day.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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May 21, 2017, 11:19:44 AM
 #51

No one has ever imagine beginning 2017 that we going to touch $2000...

This was a big surprise for me, I remember telling someone that bitcoin would only reach $2000 at the end of the year. Who could have imagined that it would reach $2000 so soon

Expected it to reach $2000 before July this year but woohoo the price made an unexpected record and almost all the exchanges passed the $2k barrier except the Chinese -$30 to go

Chinese exchanges lagging in the price is simply the impact of the bitcoin fake volume issue that got​ resolved months back causing a big price drop. Soon the price on the Chinese exchanges too will cross the barrier $2000 as the regulations on bitcoin withdrawal in China is going little liberal slowly.

Yes as expected +$2000 in all the exchanges now with bitfinex and gdax $2098-2099 meanwhile $2170 in okcoin!
What's going on in okcoin? Huge gap comparing to the other, it wasn't like that before crossing the $2k barrier

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May 21, 2017, 11:25:48 AM
 #52

No one has ever imagine beginning 2017 that we going to touch $2000...

This was a big surprise for me, I remember telling someone that bitcoin would only reach $2000 at the end of the year. Who could have imagined that it would reach $2000 so soon

Expected it to reach $2000 before July this year but woohoo the price made an unexpected record and almost all the exchanges passed the $2k barrier except the Chinese -$30 to go

Chinese exchanges lagging in the price is simply the impact of the bitcoin fake volume issue that got​ resolved months back causing a big price drop. Soon the price on the Chinese exchanges too will cross the barrier $2000 as the regulations on bitcoin withdrawal in China is going little liberal slowly.

Yes as expected +$2000 in all the exchanges now with bitfinex and gdax $2098-2099 meanwhile $2170 in okcoin!
What's going on in okcoin? Huge gap comparing to the other, it wasn't like that before crossing the $2k barrier

Maybe Okcoin have seen the potential of bitcoin and I think the huge price gap is for many people to simply make some exchange or trad eon their site, or this is a scheme they had? but I think they are thinking that bitcoin price would still gonna go up that is why they are feeling that they will make a interest by doing so if the price would reach to such certain heights.
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May 21, 2017, 11:32:50 AM
 #53

What's going on in okcoin? Huge gap comparing to the other, it wasn't like that before crossing the $2k barrier

You should only pay attention to the price of OKCoin's CNY-USD ratio. Right now it's CNY-USD $2020 versus USD $2140. The USD side of OKCoin's trading platform has a very poor orderbook (both buy and sell side). In that regard, it takes a low amount of capital to pump the price up to much higher levels, but it also requires a low amount to dump the price $500-$600 lower. Nothing special here.
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May 21, 2017, 11:41:30 AM
 #54

What's going on in okcoin? Huge gap comparing to the other, it wasn't like that before crossing the $2k barrier

You should only pay attention to the price of OKCoin's CNY-USD ratio. Right now it's CNY-USD $2020 versus USD $2140. The USD side of OKCoin's trading platform has a very poor orderbook (both buy and sell side). In that regard, it takes a low amount of capital to pump the price up to much higher levels, but it also requires a low amount to dump the price $500-$600 lower. Nothing special here.

Ah ok thanks 1Referee, didn't pay attention for this point since I just take a look of the okcoin's price in the tradeblock.
BTW GDAX price crossed $2100 few minutes ago before returning to $209x

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May 21, 2017, 11:55:43 AM
 #55

BTW GDAX price crossed $2100 few minutes ago before returning to $209x

Yeah, GDAX is really trying to grab the lead, not only today, but it has been the case several times already. I wouldn't be surprised that if this continues, this exchange will surpass basically every other USD based exchange. Great thing about this is that they enjoy a high level of security/insurance since it is a Coinbase exchange. If you look at the current leader Bitfinex, then it's all shady behavior that they get assosiated with, due to the fact that they aren't willing to register their activities properly. I can't wait for this to become reality.
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May 25, 2017, 10:30:07 PM
 #56

Not really a milestone, how many Bitcoins could you sell @$2000+? I'll bet not so many, this price is backing $1500 and locking it in place, imagine you had 5 million Bitcoins and you wanted to sell them all in a week, do you think you could sell more than 500K coins above $1500?
I don't know people are holding back and don't dump, I need to get some cheaper coins please:).

Many of governments will start to realize how easy that is to mine Bitcoin with all the resources at their disposal, I just don't know whether they all are complete morons or indeed are mining for so long?
Next so called milestone I presume would be $2800 if market keeps the current mood for another month.
Obviously if you are a whale then you are not going to be able to get rid of your coins in a fast way or you run the risk of crashing the price so you need to do it slowly if you want to benefit the most out of the price, but why whaled will want to get rid of their coins when they are earning so much money.
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