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Yuuto
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June 06, 2017, 07:52:10 AM
 #21

I think this is the ATH.  Shocked And this is awesome. Many business are leaning towards blockchain technology.

The thing is that there are a lot of speculation involved in this. Sure many countries are starting to accept bitcoin as  alegal form of payment, sure some more merchants have started to accept btc. But this does not justify such a dramatic change in price.

It's definitely the all time high though, you are right about that.

I think that we'll see a correction soon. Hopefully everyone investing is able to cash out before that comes
ASHLIUSZ
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June 06, 2017, 08:03:50 AM
 #22

There is no surprise in it. This has been a long back speculated price which is gonna reach the barrier in a short. Now more attention will be found towards bitcoin even from the outer world who doesn't have any knowledge about it and the one who feel bad is the people who sold on panic during the past price drop towards $2000.
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June 06, 2017, 08:13:44 AM
 #23

considering that $3k is still a very small alue for this technology, you have not seen anything yet, i think bitcoin is not worth less than 10k, wake me when we are there

i still think before going high, there will lots of price correction and panic dump that will cause a retreat which is good because it mean that we are increasing with stron stable value
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June 06, 2017, 08:19:06 AM
 #24

I think this is the ATH.  Shocked And this is awesome. Many business are leaning towards blockchain technology.

Yes, Bitcoin to almost reach 3000 USD is indeed the all time high. It is very beneficial to old investors and an inspiration for the new ones. However, I believe that we've seen just the beginning, bitcoin will surely achieve more greater heights. And as bitcoin gain so much achievements, more and more people will surely engage in bitcoin and more and more business will surely lean toward bitcoin and blockchain technology.

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Janation
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June 06, 2017, 08:32:09 AM
 #25

I think this is the ATH.  Shocked And this is awesome. Many business are leaning towards blockchain technology.

Yes, Bitcoin to almost reach 3000 USD is indeed the all time high. It is very beneficial to old investors and an inspiration for the new ones. However, I believe that we've seen just the beginning, bitcoin will surely achieve more greater heights. And as bitcoin gain so much achievements, more and more people will surely engage in bitcoin and more and more business will surely lean toward bitcoin and blockchain technology.

Old investors is celebrating now, I think, unless they've converted their bitcoin to fiats at $2500. Many investors also converted their bitcoins the time it hit the $2500 last month, for them, the price may pump or dump, but I don't think that they will regret that action, it is a big profit for them, and the price reaching that high, is a dream for them, but that time, it is a reality.
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June 06, 2017, 08:35:37 AM
 #26

There is no surprise in it. This has been a long back speculated price which is gonna reach the barrier in a short. Now more attention will be found towards bitcoin even from the outer world who doesn't have any knowledge about it and the one who feel bad is the people who sold on panic during the past price drop towards $2000.
People who did panic selling when the price reached $2000 recently are the one who don't understand the art of investment. Investment and trading both needs patience and logical reasoning. Bitcoin is attracting more and more people now. People are now showing faith in it after many countries trusting bitcoin. Earlier people used to think that bitcoin is a currency for illegal activities. But now that mentality is changing. Good days are ahead.  Cheesy
merchantofzeny
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June 06, 2017, 08:42:02 AM
 #27

Almost unbelievable. Feels bad I only got into this final quarter of last year and wasn't able to buy much coz even then it is quite expensive to buy in my currency. And now it's close to $3000!

I'd like to be happy though I don't have much in my wallet. I'm not so much worried about any plunges since I intend to hold anyway. I'm more concerned that it might become obsolete.
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June 06, 2017, 09:14:49 AM
 #28

Yes and I see further growth until $5k within a year if we can find a viable and concrete solution for the issue of slow confirmation time and higher transaction fees. Many businesses are willing to give a try to the bitcoin but since it is not yet that much stable in terms of price as well as transaction costs, the firms are shifting to the wait and watch mode. $3K is not far ahead from this point, however we might face some fluctuations in the price until we reach that milestone.
magneto
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June 06, 2017, 09:16:42 AM
 #29

I think this is the ATH.  Shocked And this is awesome. Many business are leaning towards blockchain technology.

Yeah this is the All time high. Don't think that people expected bitcoin to ever break that all time high after that recent drop in price which essentially pushed bitcoin back to $2000 from $2700. Many including me thought that this was it for this year, we're going to go full dumpster mode and price isn't gonig to go back up.

I dumped the majority of my coins then and sort of regret ever doing that.

However the dump will come eventually. It cannot sustain like this. Unless the transaction fee and confirmation times issue can be resolved through scaling, it won't happen.
mundang
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June 06, 2017, 09:36:56 AM
 #30

Bitcoin is just starting its way to go to the top. Lets say bitcoin is only warming up before the one big day. And so far 3000$ price is still low ,speculators already said that bitcoin will reached $20k in 2020.
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June 06, 2017, 09:45:52 AM
 #31

this is the long term rise that will always happen, there is no stopping that.

there will be a lot of drops, and a lot of downtime when people lose hope and think that is it, the end of bitcoin price rise, in the future but in long term bitcoin price will continue rising.

so far bitcoin is the most secure, the most recognized, the most fair, the most immutable, and the most decentralized cryptocurrency that you can find out there.
and despite many thinking any random altcoin can be a valid competition, you will not see anything remotely close to a competition for bitcoin in the foreseeable future.

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June 06, 2017, 11:12:48 AM
 #32

I really hope they dont tumble like the last time after reaching an all time high, they recovered very quickly which was shocking in some ways. I have some bitcoins saved up and a drop will be disastrous for me.

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June 06, 2017, 11:18:27 AM
 #33

Bitcoin is getting better and better, bitcoin has become a stronger coin, the rising now is very stable and a lot of country start to legalize bitcoin, with this popularity I believe in the end of the year it we will reach 3000$
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June 06, 2017, 11:24:02 AM
 #34

In short the dollar will lose all its value! very soon.
So the price of BTC and ounces of gold will be at least $ 10,000!
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June 06, 2017, 11:27:27 AM
 #35

Bitcoin is just starting its way to go to the top. Lets say bitcoin is only warming up before the one big day. And so far 3000$ price is still low ,speculators already said that bitcoin will reached $20k in 2020.
IT is hard to believe that bitcoin will hit $20000 in 2020 but I do hope that it will come true and all of us will be millionaires. In fact, there are still many problems in bitcoin which are stopping  from becoming a greater currency. In the future, I am looking forward to seeing the hard fork happen and bitcoin will become greater once again

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June 06, 2017, 08:05:48 PM
 #36

I think this is the ATH.  Shocked And this is awesome. Many business are leaning towards blockchain technology.
Yeah and that means there would be more investor to come and more bitcoin price pumping would happen,
Hope to see it before this year end.

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June 06, 2017, 08:06:32 PM
 #37

I strongly believe that in a months time we will see bitcoin ripping through 3k usd.
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June 06, 2017, 08:18:42 PM
 #38

I think this is the ATH.  Shocked And this is awesome. Many business are leaning towards blockchain technology.

What interesting here is, the price is not crazy going just up rapidly. It was slowly and moderate yet with slight dump but overall the trend is increasing. It's not the same as $100 or more within just few hours or something like that. Looks like this a great start for another burst. But hopefully let the moderate price increase passed the $3,000 level before going on a burst again. $3,000 value as a starting line before going on a fast phase price increase will surely ended up to around $4,000 and then correction will happened afterwards disregarding the August event.

Just my wild speculation and feel free to argue.
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June 06, 2017, 08:31:57 PM
 #39

It is indeed awesome, and we'll get to $3000 soon enough.  Probably a week.  Crazy, isn't it??

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June 06, 2017, 08:49:23 PM
 #40

I strongly believe that in a months time we will see bitcoin ripping through 3k usd.

Bitcoin is getting better and better, bitcoin has become a stronger coin, the rising now is very stable and a lot of country start to legalize bitcoin, with this popularity I believe in the end of the year it we will reach 3000$

No offense, but what planet are you guys living on? 24h high on worldcoinindex is $2917 so it's only hours or days away from $3k. Of course it will take time to stabilize the price but by the end of the year we are looking at $4k-5k with that kind of growth.
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