Took just 3 months to double in price. Bubble!!!!!

[Sex Video Chat VKcams.com]

I think Japan has something to do with this price hike, their trading volumes is at ATH as well.

As You see accepting BTC trough exchangers is widely used, but no one of them is accepting BTC directly (only 2 until today).
In this mode there is nothing happend, any revolution.
The use of exchangers for payment give no advantage to BTC in front of other altcoins.

[1714782085]

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[1714782085]

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[1714782085]

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[mikenz]

3 months. Dude. Thats just the base of the bubble. If the price doubles within 3 days and then within one again, then you can scream peak.

[Sex Video Chat VKcams.com]

then you can scream peak.

If You strongly belief in Your Scenario, show to us some $ 10000 buy order made by You.

[e-coinomist]

then you can scream peak.

If You strongly belief in Your Scenario, show to us some $ 10000 buy order made by You.

Speaking of the she-devil ... VK, you could take a look at https://bitcointalk.org/index.php?topic=1925320.msg19108977#msg19108977 they are wondering about SXC

[stompix]

the japanese are already started using btc

Calling 2 retailers in Japan as "started using btc" is about nothing.

There is something I found specifically to show you, because bitcoin is accepted by a little more than 2 retailers in Japan:

Earlier, Bitcoin was accepted by over 4500 stores in Japan while over 700,000 outlets actively use other modes of digital payments.
But now, the addition of 260,000 merchants accepting Bitcoin through AirRegi makes cryptocurrency payment option almost as prevalent as Suica and Rakuten’s Edy electronic payments
which are currently accepted at 380,000 and 470,000 locations respectively.

And Japanese bitcoin awareness and acceptance still grows, these numbers might be already outdated as that article was published in early April.
Of course, bitcoin is used but less than 10% probably less of Japanese society, but it is still a reason behind organic growth.

Source: http://www.newsbtc.com/2017/04/05/japan-retail-majors-bitcoin-adoption/

That article is garbage and your conclusion is so far away from reality it hurts.
You're saying probably less than 10% of Japan is using Bitcoin?

Let's do the f math.
1% of japanese population means 1.2 million / transactions rate is right now at around 300 000 transactions a day it means:
That the blokchain would be filled up if 1% of japanese people would do each a transaction every 4 days.
And that would be only counting Japan.

10% is bullshit

[Sex Video Chat VKcams.com]

10% is bullshit

There is about ability to send BTC to exchanger in possession by retailers, they have it.
How retailers deal with the confermation time is unknown for me.

[BitcoinPanther]

this is not necessarily a bubble just because it went up high so fast. you can not ignore the fact that before this rally started a lot of countries gave some kind of a green light to their people for investing in bitcoin.

something that the governments never talked about is suddenly something they are considering to accept as a legal payment method. this may seem like simple words but this is huge and it attracts a lot of investors. people who have been worried all this time because their government never said anything about bitcoin or was looking at it as something not-so-legal.

Definitely, there is a reason why bitcoin price doubled in just a short span of time.  As mentioned, countries that were previously neutral on bitcoin had announced their support and acceptance to it.  They even removed the consumption tax to attract bitcoin adoption in their country. As a result, we saw bitcoin price to double in just two months.  Just wait, the increase is still not done yet, there is also news that Australia will also do what Japan had done with bitcoin. 

This means the increase is not simply a bubble that grows bigger without any reason.

[SuckMyToys]

Take a look at the 1 day and 1 week time interval charts. I believe the bubble is still forming. There was a correction of $800 a few days ago but the quick rebound gives me confidence that the market conditions are right. I believe the overall confidence and certainty of these traders are going to fuel a rise to 5k in the next month and 10k shortly after (could be a few days).

[lizardbtc]

Take a look at the 1 day and 1 week time interval charts. I believe the bubble is still forming. There was a correction of $800 a few days ago but the quick rebound gives me confidence that the market conditions are right. I believe the overall confidence and certainty of these traders are going to fuel a rise to 5k in the next month and 10k shortly after (could be a few days).

I don't think that it can raise that fast till 5k-10k within a month... it will have high chance of people dumping it, that will be the huge bubble...

That will just be to fast, we will need some big and good news to create that pump

[HatakeKakashi]

The price of bitcoin is contiously increasing fasly like february the price of bitcoin will be $1000 only and last week the price of bitcoin will hit $3000 but in a short time only they cime back $2000 plus . So if bought bitcoin at $1000 and sell it today your money become doubled. And the proce of bitcoin I believe around $3000-$4000 each bitcoin before the end of this year. I think $5k dollars the price will be  at 2018.

[Gilboa]

Check out the Antonoupolos interveiw with London Real - https://youtu.be/1co_YWwDpXg

He was right on the money when he said you're going to witness these huge boom and bust cycles develop over time.

[taxmanmt5]

this is not necessarily a bubble just because it went up high so fast. you can not ignore the fact that before this rally started a lot of countries gave some kind of a green light to their people for investing in bitcoin.

something that the governments never talked about is suddenly something they are considering to accept as a legal payment method. this may seem like simple words but this is huge and it attracts a lot of investors. people who have been worried all this time because their government never said anything about bitcoin or was looking at it as something not-so-legal.

Definitely, there is a reason why bitcoin price doubled in just a short span of time.  As mentioned, countries that were previously neutral on bitcoin had announced their support and acceptance to it.  They even removed the consumption tax to attract bitcoin adoption in their country. As a result, we saw bitcoin price to double in just two months.  Just wait, the increase is still not done yet, there is also news that Australia will also do what Japan had done with bitcoin. 

This means the increase is not simply a bubble that grows bigger without any reason.

This time around, the increase in bitcoin prices is not really a bubble but infact it is a real increase in the demand of bitcoins. No doubt, bitcoin prices doubled in just 3 months but then there are few very good news for bitcoins. Firstly the idea of hard fork for bitcoin and creation of BU has failed, making bitcoin more strong than ever. Secondly adaption of bitcoin by just two or three countries has made bitcoin price and volume this much high.

[virasog]

this is not necessarily a bubble just because it went up high so fast. you can not ignore the fact that before this rally started a lot of countries gave some kind of a green light to their people for investing in bitcoin.

something that the governments never talked about is suddenly something they are considering to accept as a legal payment method. this may seem like simple words but this is huge and it attracts a lot of investors. people who have been worried all this time because their government never said anything about bitcoin or was looking at it as something not-so-legal.

Definitely, there is a reason why bitcoin price doubled in just a short span of time.  As mentioned, countries that were previously neutral on bitcoin had announced their support and acceptance to it.  They even removed the consumption tax to attract bitcoin adoption in their country. As a result, we saw bitcoin price to double in just two months.  Just wait, the increase is still not done yet, there is also news that Australia will also do what Japan had done with bitcoin. 

This means the increase is not simply a bubble that grows bigger without any reason.

This time around, the increase in bitcoin prices is not really a bubble but infact it is a real increase in the demand of bitcoins. No doubt, bitcoin prices doubled in just 3 months but then there are few very good news for bitcoins. Firstly the idea of hard fork for bitcoin and creation of BU has failed, making bitcoin more strong than ever. Secondly adaption of bitcoin by just two or three countries has made bitcoin price and volume this much high.

Only countries adapted bitcoin and see what happen to bitcoin prices. Imagine what will happen if more countries make bitcoin legal. This will really make the bitcoin adaption and price out of imagination. I am very hopeful that many new countries like australia will adapt the bitcoins legally making it a real big currency of the decade.

[SvenBomvolen]

The price was average around $1,000 around February. The momentum seems to be only picking up. The bubble has a long way to go. Who thinks we will see $3k? $5k??

We will see as 3000$ as 5000$ there is no doubt here. I suppose after such fast climbing when bitcoin reached 2800+$ price to see 3000$ price will be expected this summer already.

[Omega Weapon]

The price was average around $1,000 around February. The momentum seems to be only picking up. The bubble has a long way to go. Who thinks we will see $3k? $5k??

It is not necessary a bubble, what I mean is, yes the price went up very fast but if it was a bubble the price should have gotten a lot lower and it did not, this tells me this was real growth but it needed a correction, the correction happen already and we are still above the 2000 mark and I think we are going to be there for some time until a new rally happens once again and we finally break the 3000 barrier that we were so close to break.

[Schuyler]

The price was average around $1,000 around February. The momentum seems to be only picking up. The bubble has a long way to go. Who thinks we will see $3k? $5k??

It is not necessary a bubble, what I mean is, yes the price went up very fast but if it was a bubble the price should have gotten a lot lower and it did not, this tells me this was real growth but it needed a correction, the correction happen already and we are still above the 2000 mark and I think we are going to be there for some time until a new rally happens once again and we finally break the 3000 barrier that we were so close to break.

The price surge over the past few months has caught a lot of people by surprise and some can't be blamed for thinking that at some point this is going to correct to more realistic levels. But bitcoin has been going on a rampage lately, largely due to higher demands from Japan and South Korea, so if the demand is there, the price is sure to reach new highs. And also, the price is still in the range predicted by some experts and still on track to hit $5,000 or $6,000 by the end of 2017.

[senyorito123]

The price was average around $1,000 around February. The momentum seems to be only picking up. The bubble has a long way to go. Who thinks we will see $3k? $5k??

It is not necessary a bubble, what I mean is, yes the price went up very fast but if it was a bubble the price should have gotten a lot lower and it did not, this tells me this was real growth but it needed a correction, the correction happen already and we are still above the 2000 mark and I think we are going to be there for some time until a new rally happens once again and we finally break the 3000 barrier that we were so close to break.

The price surge over the past few months has caught a lot of people by surprise and some can't be blamed for thinking that at some point this is going to correct to more realistic levels. But bitcoin has been going on a rampage lately, largely due to higher demands from Japan and South Korea, so if the demand is there, the price is sure to reach new highs. And also, the price is still in the range predicted by some experts and still on track to hit $5,000 or $6,000 by the end of 2017.

I think 5,000 up to 6,000 is pretty huge price to reach on this year remember we are almost in middle of the year so its truly impossible to reach on that price for now since price for this rate is quite stable, Maybe on next following years we can see that price would climb for that far and surely we will be happy if that things would really came.

[reflector]

I honestly believed it was a bubble initially, but the more I saw the price getting higher and higher with no burst, I do believed it is not the case. I also speculate that there will be a price correction at $1500-$1600, but it didn't happened. There was some resistance and correction, but it quickly recovered. I think Japan has something to do with this price hike, their trading volumes is at ATH as well. So I think we can conclude that this is not a bubble, the general public is really going crazy buying bitcoin in the market.

It's all about the panic on bitcoin price bubble and burst like 2013, That time in early 2014 bitcoin has been adopted by Apple and Dell in their site. Dell announces the information via press and on the face book page as well. This time adoptions are doing by the countries and make it legal by Goverment(Developed countries). This will not burst out and set value will be 2000$ and it will not dump lower than that.

[CoinHoarder]

And also, the price is still in the range predicted by some experts and still on track to hit $5,000 or $6,000 by the end of 2017.

There's really no such thing as an expert when it comes to predicting what the market will do. Any predictions on future prices are purely speculation, speculation of which is based off of subjective reasoning and incomplete information.

Sure, some people are more clued in than others, but generally if you have been closely following the cryptocurrency markets for at least a few years and have a good understanding of market dynamics, then your speculation is just as likely to be correct as any random "expert".

I would put my "speculation skills" up against any so-called expert, and I think my recent trading activity speaks for itself.

[giveen]

The price was average around $1,000 around February. The momentum seems to be only picking up. The bubble has a long way to go. Who thinks we will see $3k? $5k??

It is sure that one day or another we will see the price reach $3k or $6k , the only thing we all are waiting for is when , when will bitcoin hit 5k. See the current status the possibility of reaching 5k looks more closer day by day, all you job is to hold your money when it reaches 4k also. We would have a price of even 6k now , the only problem is people want to trade which leads the non knowledge investors think it is all over so they sell everything thus making the price to fall more and most of them don't invest again because they feel it is risky.