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Author Topic: Are you enjoying the crazy Bitcoin price rise?  (Read 6018 times)
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June 05, 2017, 11:09:27 PM
 #121

Of course I'm enjoying the ongoing Bitcoin price rise but I wouldn't call it crazy.

Crazy was what was happening in 2010-2011 when the price went from a fraction of a penny to over $30 in about a year.

This isn't crazy, this is just normal.

Humm I did not see when bitcoin was only worth $30 but I must say that it must have been a disappointment for the people who witnessed this price drop.

In the present day my investments are all in bitcoin so that a similar fall would destroy all my projects and my dreams

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June 05, 2017, 11:25:34 PM
 #122

Of course I'm enjoying the ongoing Bitcoin price rise but I wouldn't call it crazy.

Crazy was what was happening in 2010-2011 when the price went from a fraction of a penny to over $30 in about a year.

This isn't crazy, this is just normal.

Humm I did not see when bitcoin was only worth $30 but I must say that it must have been a disappointment for the people who witnessed this price drop.

In the present day my investments are all in bitcoin so that a similar fall would destroy all my projects and my dreams


Well I won't argue with these certain statements about disappointments or whatsoever and all I just wanted to say is make all possibilities to become reality, as we all know price will remain remarkably higher in rise for now. It's been a weeks of progressive response to people around the world who knew this kind of investments by holding btc amount on our wallet, and then there's no such situation to make a fall of your project or your dreams and all we need to do is to cherish those moments while crazy bitcoin price rise is still present. If you think digital currency is unpredictable, well prepare for the worst and expect for the best with bitcoin.
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June 06, 2017, 03:02:35 AM
 #123

Bitcoin was supposed to free people from fiat money slavery.
How many of us are now slaves to intense greed, expecting easy money, etc?

That is the way the money rolls the earliest adopters don't give a damn basically the advocates now are newer adopters and with the price this high we got our positions long covered but now it's time for the greed to come in and try to increase its value even more.

Most people cannot use BTC for moderate amounts of value since the fees are way too high, but the Bull marches on, and on.
Are you enjoying the crazy Bitcoin price rise? Does it feel "different" compared to the previous big moves?

It feels a lot different than the 1K rally since the numbers are zounds compared to back in 2013 but it's also making me feel a bit nervous since there is so much heat on it and the prices are going up like a madman so it's not a good idea to reposition.

Believing in Bitcoins and it's ability to change the world
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June 06, 2017, 03:19:52 AM
 #124

It will dump back down just wait for those greedy suckers when they smell money they will go mad like sharks do when smell blood in the water, if these dumpers never existed then how'd you suggest for the Bitcoin price to decrease ever at all?
When it started to rise above $2300 it was the time every body entered and price is rising again and again, good thing about it though we don't have more than 90M coins to worry about large dumps. unfortunately for any body without any Bitcoins we're heading up and up we go and then will dive down to $2400 just to take off again, so next time when you see price is down don't make a sad face instead get in and hoard.

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June 06, 2017, 03:29:46 AM
 #125

YES I DO

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PEOPLE ARE SHEOPLE, SO RFID CHIP IN HAND WILL COME IF NOT A MIRACLE HAPPENS.
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June 06, 2017, 03:58:11 AM
 #126

Of course I'm enjoying the ongoing Bitcoin price rise but I wouldn't call it crazy.

Crazy was what was happening in 2010-2011 when the price went from a fraction of a penny to over $30 in about a year.

This isn't crazy, this is just normal.

Humm I did not see when bitcoin was only worth $30 but I must say that it must have been a disappointment for the people who witnessed this price drop.

In the present day my investments are all in bitcoin so that a similar fall would destroy all my projects and my dreams


I wasn't talking about a drop. I was talking about the crazy price rise from under $0.01 in May 2010 to $33.00 in June 2011.

It broke $1.00 (dollar parity) in February 2011.

People weren't disappointed. They were ecstatic that the coins they'd paid pennies for were not only worth dollars, but dozens of dollars.

When the bubble popped, it eventually crashed all the way down to under $3.00 in October 2011. Within a year it was back up to double digits.

People who bought at the top of the bubble were disappointed but if they had enough sense to hold, they would have doubled their money within 2 years.

It was similar in 2013 when it went from about $12 to $1200 in less than a year and then crashed to less than $200 by 2015. If you didn't panic and held those $1200 coins you'd have already doubled your money.

The really smart ones are those who held right through both the bubbles and saw their single digit coins worth thousands.
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June 06, 2017, 05:07:51 AM
 #127

It will dump back down just wait for those greedy suckers when they smell money they will go mad like sharks do when smell blood in the water, if these dumpers never existed then how'd you suggest for the Bitcoin price to decrease ever at all?
When it started to rise above $2300 it was the time every body entered and price is rising again and again, good thing about it though we don't have more than 90M coins to worry about large dumps. unfortunately for any body without any Bitcoins we're heading up and up we go and then will dive down to $2400 just to take off again, so next time when you see price is down don't make a sad face instead get in and hoard.

Now again price raised and touched the value 2850$. I think if this bully bump occurs continuously, we will see the bitcoin value in the 3000$ or next peak in this month itself. I think we must hold the bitcoin at this moment. You can easily double your bitcoin before this year ends.
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June 06, 2017, 05:49:04 AM
 #128

I can't say that I enjoy this rise, price went up so fast and I need to admit that I didn't expect 2000+ this year. Like op said this fees, waiting for transactions to confirm, and all others things are downplay this success in price rise.
Do anyone knows when will this rise stop? It can't rise forever, or it can, in some moments I don't know what to think and in what to believe.



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June 06, 2017, 10:38:25 PM
 #129

Bitcoin was supposed to free people from fiat money slavery.
How many of us are now slaves to intense greed, expecting easy money, etc?

Most people cannot use BTC for moderate amounts of value since the fees are way too high, but the Bull marches on, and on.
Are you enjoying the crazy Bitcoin price rise? Does it feel "different" compared to the previous big moves?
Yeah, I’m enjoying the profits but I don’t see how this is related to greed, you get some bitcoin and then the bitcoins get more value by themselves without you doing anything, how is this related to greed? Bitcoin is doing this all by itself without any input on our part, so I think you are mistaken on that part since most people here are not traders but holders of bitcoin.

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June 06, 2017, 10:49:11 PM
 #130

Very pleasant ride, why thank you very much for asking~
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June 07, 2017, 11:46:03 PM
 #131

It will dump back down just wait for those greedy suckers when they smell money they will go mad like sharks do when smell blood in the water, if these dumpers never existed then how'd you suggest for the Bitcoin price to decrease ever at all?
When it started to rise above $2300 it was the time every body entered and price is rising again and again, good thing about it though we don't have more than 90M coins to worry about large dumps. unfortunately for any body without any Bitcoins we're heading up and up we go and then will dive down to $2400 just to take off again, so next time when you see price is down don't make a sad face instead get in and hoard.

Now again price raised and touched the value 2850$. I think if this bully bump occurs continuously, we will see the bitcoin value in the 3000$ or next peak in this month itself. I think we must hold the bitcoin at this moment. You can easily double your bitcoin before this year ends.
preferably bitcoin we have stored more securely so that we can benefit from price increases likely in bitcoin later this month will take place at the height of the bitcoin reach because the current $3000 've reached $2750 but the price is not yet stable shows sometimes bitcoin ride sometimes goes down, we should be able to hold back against the current price bitcoin
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June 08, 2017, 07:18:37 AM
 #132

It will dump back down just wait for those greedy suckers when they smell money they will go mad like sharks do when smell blood in the water, if these dumpers never existed then how'd you suggest for the Bitcoin price to decrease ever at all?
When it started to rise above $2300 it was the time every body entered and price is rising again and again, good thing about it though we don't have more than 90M coins to worry about large dumps. unfortunately for any body without any Bitcoins we're heading up and up we go and then will dive down to $2400 just to take off again, so next time when you see price is down don't make a sad face instead get in and hoard.

Now again price raised and touched the value 2850$. I think if this bully bump occurs continuously, we will see the bitcoin value in the 3000$ or next peak in this month itself. I think we must hold the bitcoin at this moment. You can easily double your bitcoin before this year ends.
preferably bitcoin we have stored more securely so that we can benefit from price increases likely in bitcoin later this month will take place at the height of the bitcoin reach because the current $3000 've reached $2750 but the price is not yet stable shows sometimes bitcoin ride sometimes goes down, we should be able to hold back against the current price bitcoin
As stated it's good to hold as much possible to profit big in the end of the month or by the end of the year. From the beginning of the ongoing year the price increase has begun to grow in a larger scale. Expect to enjoy much more crazy price moves in the future days.

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jc89
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June 08, 2017, 05:47:40 PM
 #133

Bitcoin was supposed to free people from fiat money slavery.
How many of us are now slaves to intense greed, expecting easy money, etc?

Most people cannot use BTC for moderate amounts of value since the fees are way too high, but the Bull marches on, and on.
Are you enjoying the crazy Bitcoin price rise? Does it feel "different" compared to the previous big moves?

I do enjoy the crazy Bitcoin price hype. Most of us do. It feels like all of your effort in earning them are paying off. As a bitcoin user that intends to gain profit in earning them cannot wish for more. Maybe wishing it to continuously increase so that continuous profit will be gained. Bitcoin, to the moon  Wink

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CyberKuro
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June 08, 2017, 05:59:50 PM
 #134

Bitcoin was supposed to free people from fiat money slavery.
How many of us are now slaves to intense greed, expecting easy money, etc?

Most people cannot use BTC for moderate amounts of value since the fees are way too high, but the Bull marches on, and on.
Are you enjoying the crazy Bitcoin price rise? Does it feel "different" compared to the previous big moves?
Indeed, I'm enjoying every time bitcoin bull run insanely because my savings grow bigger and valuable.
It's a good show, watch the charts and price increase every hour and reach more than I've predicted.
We know after bull run there will be always correction, so many people will sell or prepare to sell it at highest peak, than bitcoin price will fall freely to certain point. And people will buy back what they've sold before but already have profits, a good day for trade.
Netnox
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June 08, 2017, 06:15:33 PM
 #135

I am feeling bad, as I had cashed out most of my coins a few months earlier, and that too at extremely low rates. I was disappointed with the stagnant exchange rates, and in the end lost my patience and dumped the coins. See how costly it turned out to be. Anyway, this particular incident taught me about the need to be patient.
Ewinsane
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June 09, 2017, 05:53:18 PM
 #136

I do not find anything worth enjoying the sudden rise in price as I am afraid of what will happen if the price falls ? Rather a steadiness would relieve of unnecessary migraines because at the end of the day we cannot buy our daily chores with bitcoins !

I love bitcoin to jump up high in quick time but practically facing difficulties to accumulate more number of bitcoins with my fixed budget for it. May be high stash holders are the people who are really enjoying those crazy rises.
Dimelord
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June 10, 2017, 05:53:05 AM
 #137

Who would be unwilling to enjoy such a big bitcoin price rise.I too enjoy.See we are not doing any thing wrong to get more profits.Infact we are very much blessed to enjoy this price rise.When i returned from abroad six months ago,the price was $800.Suddenly,it rose to $1000.Now its price is $2800.Its really unbelievable.With the regular increase in price,i am getting more confident that i could lead a life of financial freedom.Rather,i am expecting for the $5000 price to come.
coinzoid
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June 10, 2017, 07:25:46 PM
 #138

I think today many of us refrain from spending their bitcoins, even we badly need them. Because whenever we check price, it is going up and we predict that it will go further. We actually want that to happen however, I'm pretty sure that some of us would like to see price drop for a few days so we can re-enter the game we left early. What if the crash becomes permanent. It may affect our lives. So let's be careful.
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June 10, 2017, 07:32:37 PM
 #139

I think today many of us refrain from spending their bitcoins, even we badly need them. Because whenever we check price, it is going up and we predict that it will go further. We actually want that to happen however, I'm pretty sure that some of us would like to see price drop for a few days so we can re-enter the game we left early. What if the crash becomes permanent. It may affect our lives. So let's be careful.

That scene happened to my one of workmates just yesterday.

He badly need cash so bitcoin is his last resort but since the last time he checked the price, the price rose to $200 in just few days (his last check was $2,600-$2,700), it give him doubt if he will cashout or not. Cashing out will just take seconds and he is having a hard time pressing that CONFIRM button. In the end, he just borrowed money as he might regret cashing out that time. In the times like this, we must have cash on hand as always, so that bitcoin savings are just saved.

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nethan1btc
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June 11, 2017, 02:20:41 AM
 #140

I think today many of us refrain from spending their bitcoins, even we badly need them. Because whenever we check price, it is going up and we predict that it will go further. We actually want that to happen however, I'm pretty sure that some of us would like to see price drop for a few days so we can re-enter the game we left early. What if the crash becomes permanent. It may affect our lives. So let's be careful.

Yes mate, we should be careful specially that our economy right now is also unpredictable and if we talk about crashing is a very serious matter now. We are careful because we wanted to protect our wealth that is our investments, but considering that price is moving up; how can we be on fear of crash while progressive price increase is their. If evee that will.happen I am sure that price  will not be dying. Eventually it will recover again and again, because investments now is a matter of choice and decision.
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