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Author Topic: Finally Bitcoin At 3K...Coming Up 5K?  (Read 1747 times)
iamTom123 (OP)
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August 05, 2017, 03:27:15 AM
 #1

Just days after the much feared and much hyped Segwit event for Bitcoin last August 1, the tiger has soared and roared as it has finally breached the 3K wall and might be heading to the 4K level (though there can be some correction after this level).

The trend right now going up and at what level it will settle for the coming days remains to be seen. I am sure that many Bitcoin holders are happy with this expected rise and there can be many who felt sad because they listen to unnecessary news leading them to convert their Bitcoin to fiat money.

Can this be telling us that Bitcoin is going to try its fate on the 5K wall?
fabiorem
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August 05, 2017, 03:56:59 AM
 #2

Yes, 5k till the end of year. But there will be another fork yet, by November. It will be Jihancoin. There will be another fall then, but it will go higher after that.

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August 05, 2017, 04:03:55 AM
 #3

Holding on to BTC!! 5k here we come! Smiley
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August 05, 2017, 04:13:52 AM
 #4

Just days after the much feared and much hyped Segwit event for Bitcoin last August 1, the tiger has soared and roared as it has finally breached the 3K wall and might be heading to the 4K level (though there can be some correction after this level).

The trend right now going up and at what level it will settle for the coming days remains to be seen. I am sure that many Bitcoin holders are happy with this expected rise and there can be many who felt sad because they listen to unnecessary news leading them to convert their Bitcoin to fiat money.

Can this be telling us that Bitcoin is going to try its fate on the 5K wall?


This is the expected one for me.Many say bitcoin Price will reach 50$.For All of them Answer is here.Some it will reach 1000$,for them also answer is here.I will say,my dream come true today. I had inversed lot of money on bitcoin. Now I am happy to say I will get huge returns for my money. Believe in bitcoin blindly.
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August 05, 2017, 04:18:32 AM
 #5

I was shocked it's $3095 now. I didn't expect it to hit $3k at this moment since many predicting a fall this month. I thought it's going to hit in some other month. Bad thing I need money so I sold my $55 worth of btc about 6hours ago at $2830 if i'm not mistaken.
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August 05, 2017, 04:21:42 AM
 #6

Yes, i'm glad to see it. Hm it seems likely to reach $5000, we can only hope the best and hopefully it really happened and reached $5000. But i'm still not sure, what i do currently sell it or hold it until bitcoin prices more boost again or will even come down next. I personally haven't really been able to predict exactly.

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August 05, 2017, 04:47:48 AM
 #7

Yes, i'm glad to see it. Hm it seems likely to reach $5000, we can only hope the best and hopefully it really happened and reached $5000. But i'm still not sure, what i do currently sell it or hold it until bitcoin prices more boost again or will even come down next. I personally haven't really been able to predict exactly.

It looks like its going more than 3K for good. I'd like to believe 5K will soon be reached before the year end. I follow my instinct whether to hold or not. Its investing on ALTs that I'm taking though. I can't just hold BTC. 5K is good though.

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August 05, 2017, 05:18:21 AM
 #8

Finally Bitcoin reach 3000$ after a rough month where Bitcoin go down below 2000$ and almost lost the trust from the users and after a fork issue, this is certainly a great news and it is great to see Bitcoin price is rising again, but I doubt the price will stable at that point, but still glad to see Bitcoin is recovering


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btcney
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August 05, 2017, 05:18:36 AM
 #9

Just days after the much feared and much hyped Segwit event for Bitcoin last August 1, the tiger has soared and roared as it has finally breached the 3K wall and might be heading to the 4K level (though there can be some correction after this level).

The trend right now going up and at what level it will settle for the coming days remains to be seen. I am sure that many Bitcoin holders are happy with this expected rise and there can be many who felt sad because they listen to unnecessary news leading them to convert their Bitcoin to fiat money.

Can this be telling us that Bitcoin is going to try its fate on the 5K wall?


Well, segwit hasn't been activated yet. To my understanding in a few days segwit will be finalized and locked in and hopefully by the end of this month SW will finally be implemented. Check all updates on here: http://segwit.co/

Now that it's finally surpassed the seemingly impossible $3k level that hasn't been broken for months, i think that the future outlook seems bright. However a big part of the pump in price is because bitcoin cash essentially lost like more than 1/3 of its value. It's not surprising either that around $200-300 which was how much it crashed by approximately moved to bitcoin.

I don't think that dumping before 1st August was unnecessary news. I think that was probably teh safest way, there are many scenarios that could have happened that could have led to bitcoin's demise. But obviously to everyone's delight, only positives happened.
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August 05, 2017, 05:25:09 AM
 #10

5k is not far off that's for sure, I mean its only a little more than 50% rise from todays's price and we have seen in the past bitcoin can rise that much in as little as a week.

Personally I think it will have a correction sometime before 5k before slowly rising again then reaching that point towards the end of the year.
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August 05, 2017, 05:27:42 AM
 #11

5k looks very likely, but it won't be soon.
Maybe its a 2018 target for BTC.

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August 05, 2017, 06:00:49 AM
 #12

It could easily happen if price go up in this paste few percentage a day.then before November W could expect to see this and then we could see price over 5k.

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August 05, 2017, 06:11:00 AM
 #13

Great to hear this! I just see the same thing on https://coinmarketcap. com. Bitcoin is really a tiger and lion combined. Currently the price is at $3,120 that is beautiful to behold. $4,000 is in sight maybe next week. Hope this lion keep surpress bitcoin Cash until the owners beg for help!
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August 05, 2017, 06:11:46 AM
 #14

Just days after the much feared and much hyped Segwit event for Bitcoin last August 1, the tiger has soared and roared as it has finally breached the 3K wall and might be heading to the 4K level (though there can be some correction after this level).

The trend right now going up and at what level it will settle for the coming days remains to be seen. I am sure that many Bitcoin holders are happy with this expected rise and there can be many who felt sad because they listen to unnecessary news leading them to convert their Bitcoin to fiat money.

Can this be telling us that Bitcoin is going to try its fate on the 5K wall?


To get to 5k we still have to break 4k first. Now that is a challenge in itself in my opinion.

The trend is definitely bullish and a lot of indicators and speculators have shown that there will be even more profit to come for the bitcoin holders. And i believe that the price of each coin will go up at least $300 first before dropping anything over $100.

I would be careful, though. People are optimistic but this optimism right now can very soon turn into hype, and mania.

Hedge your bets, for example cash out a portion of your bitcoins just in case. So that IF bitcoin crashes you have something to fall back upon.

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August 05, 2017, 07:03:32 AM
 #15

Just days after the much feared and much hyped Segwit event for Bitcoin last August 1.


It would be nice if the drama was over, but it's not over yet.



Can this be telling us that Bitcoin is going to try its fate on the 5K wall?


I think $5000 is very high at this time, maybe $3600 to $3800

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August 05, 2017, 07:34:04 AM
 #16

Just days after the much feared and much hyped Segwit event for Bitcoin last August 1.


It would be nice if the drama was over, but it's not over yet.



Can this be telling us that Bitcoin is going to try its fate on the 5K wall?


I think $5000 is very high at this time, maybe $3600 to $3800


agreed, new target should be around 3.800..
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August 05, 2017, 09:09:42 AM
 #17

Well I have simply converted a few bitcoin into fiat, so I have only had a few bitcoin to really enjoy the bitcoin price hype! but I think the 5k value mark is much far away to simply speculate bitcoin to just manage to crash into that wall, I think that we are expecting that value maybe next year, it is simply to early to speculate that much of a price.
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August 05, 2017, 09:33:43 AM
 #18

If we reach 5k any time soon I think I'll pass out. Bitcoin is the best thing that ever happened to me.

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August 05, 2017, 09:49:08 AM
 #19

If we reach 5k any time soon I think I'll pass out. Bitcoin is the best thing that ever happened to me.
At some point even hovering around the $5000 mark won't be anything spectacular. It's all peanuts when you consider that Bitcoin is still a tiny dot in the financial market.

I have always been a strong believer of Bitcoin at some point reaching the $10,000 mark. It just doesn't make any sense to sell my Bitcoins for fiat just because the price has gone up.

That's why despite the fact that I strongly dislike BCC, I am just happy that it offered me the opportunity to increase my Bitcoin holdings for free ~ what more is there to wish for?

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August 05, 2017, 10:15:19 AM
 #20

Just days after the much feared and much hyped Segwit event for Bitcoin last August 1, the tiger has soared and roared as it has finally breached the 3K wall and might be heading to the 4K level (though there can be some correction after this level).

The trend right now going up and at what level it will settle for the coming days remains to be seen. I am sure that many Bitcoin holders are happy with this expected rise and there can be many who felt sad because they listen to unnecessary news leading them to convert their Bitcoin to fiat money.

Can this be telling us that Bitcoin is going to try its fate on the 5K wall?


I really don't see 5k as any sort of issue long term wise. Sooner or later, this is going to be a price level of the past. 3k might seem new to everyone, but as long term demand for bitcoin increases and supply stagnates it is obvious to anyone with even a tiny bit of understanding of basic economics to see that the price of each bitcoin is most likely going to go up.

When it is going to happen though is a different story. I doubt that we're going to go to 5k this year, even though i would love it to happen. Though if SW does really well and bitcoin cash drops to close to 0, this could well happen.

If i had to bet my money on a year i'd say by 2020. A halving is due in that year, which will probably increase the price by a lot.
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