Carlsen
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September 01, 2017, 07:52:34 AM |
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I get the impression that bitcoin is becoming more resilient the older it gets. It has fought off a handful of crashes with the MSM then writting it off everytime to then see it come back stronger. Bitcoin has had a hell of a year in 2017 and seen highs I never imagined would happen. Right now I am sat here with my new funds for a 2nd sizable batch of bitcoin to add to my wallet.
I think the reason why bitcoin is becoming more resilient with time is connected to the number of people who own bitcoins. A swarm always reacts slower than a few individuals. Five years ago, only a few people owned coins. When a few of them sold, that affected the price and brought more of the to sell as well, what led to an even bigger affect in price. Now there are many bitcoin owners. If a some sell, you do not recognice it in price very often. Even if there is price movement, many people do net even know about that because they do not look at the price very often. And even if they notice the price movement, they do not sell because to them bitcoin is a long term investment.
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timerland
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September 01, 2017, 07:55:22 AM |
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I get the impression that bitcoin is becoming more resilient the older it gets. It has fought off a handful of crashes with the MSM then writting it off everytime to then see it come back stronger. Bitcoin has had a hell of a year in 2017 and seen highs I never imagined would happen. Right now I am sat here with my new funds for a 2nd sizable batch of bitcoin to add to my wallet.
It has been weeks now and not all that much has been happening, I was expecting a bit of a fall in price after so much of a gain. I cannot help thinking that there are quite a few people right now thinking the same, many are wanting to jump in. Looks like I am not going to get my fall, which is OK, but looks like I might have to buy in again when prices rise say 5% to 8% in the next few weeks.
I have told myself that whatever gains I make in the next year I will match it with money I have elsewhere to the point of Bitcoin being 20% of my investments, no more. Rule of thumb for me past decade has been risky investments no more that 15%, and that's high for me.
We've seen the price of bitcoin essentially stabilize at $4700 thus far in the first day of November. Of course, a lot depends on the outcome of the NY agreement, and if bitcoin stays in one piece and the protocol upgrade goes well in general then i think that another pump to get us over $5k or even $6k is entirely possible. If it fails though, then we can expect the price of btc probably go down to around $2.5k-$3.5k. But until then, i think the price will be relatively stable. Just hanging around the $4.7k mark.
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bitcoindusts
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September 01, 2017, 08:20:42 AM |
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I think Bitcoin will break the $5000 barrier this September. It ended the month of August in a Bullish position so there is a huge possibility that it will break $5000 and reach at least $5500 at the end of September. With the upcoming update on November I am sure that there will be a good reason to hype Bitcoin and push its price to higher limit.
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_____ /|_||_\`.__ ( _ _ _\ =`-(_)--(_)-'
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pedrog
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September 01, 2017, 08:58:47 AM |
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My portfolio is at an all time high, in bitcoin and fiat, 60% is litecoin, it was an awesome bet, very glad I hold the bag even when it went way down and litecoin seemed dead AF.
Patience really paid off.
If September is going to be better than August, that will be great.
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LFC_Bitcoin
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September 01, 2017, 09:15:39 AM |
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Fall is hardly going to happen now. When the price is in bubble, it usually shoots up and then suddenly drops. While Bitcoin has been maintaining $4100-$4400 price range from quite a time now with small fluctuations. This shows all the growth was natural and will continue as well. In September, Bitcoin can easily touch $5000.
Correct! I don't think this is a bubble, the price has been climbing steadily for a long time now whilst stopping off with little dumps & then continuing the upwards movement. I don't think the price is going up with enough volatility to be called a bubble.
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lumeire
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September 01, 2017, 09:37:43 AM |
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Since August was all about highs, September is the month we should be cautious with trades. Kinda expecting a significant crash sometime this month. It's always better to be prepared.
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South Park
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September 01, 2017, 08:12:37 PM |
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I get the impression that bitcoin is becoming more resilient the older it gets. It has fought off a handful of crashes with the MSM then writting it off everytime to then see it come back stronger. Bitcoin has had a hell of a year in 2017 and seen highs I never imagined would happen. Right now I am sat here with my new funds for a 2nd sizable batch of bitcoin to add to my wallet.
It has been weeks now and not all that much has been happening, I was expecting a bit of a fall in price after so much of a gain. I cannot help thinking that there are quite a few people right now thinking the same, many are wanting to jump in. Looks like I am not going to get my fall, which is OK, but looks like I might have to buy in again when prices rise say 5% to 8% in the next few weeks.
I have told myself that whatever gains I make in the next year I will match it with money I have elsewhere to the point of Bitcoin being 20% of my investments, no more. Rule of thumb for me past decade has been risky investments no more that 15%, and that's high for me.
I think September and October can be a bull trap, many people are going to buy thinking it can go up even further but I think a correction is still needed so if I were you I will wait for the time bitcoin losses some value before investing any more money in bitcoin.
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el kaka22
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September 01, 2017, 08:22:31 PM |
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Since August was all about highs, September is the month we should be cautious with trades. Kinda expecting a significant crash sometime this month. It's always better to be prepared.
Not a crash, but a correction will be highly possible as $5000 levels will be profit booking levels for may people here. A correction may last up to $4200 will be expected after prices will be testing up to $5100 levels. So, we can expect high ups and downs with this month also. But again by end of this month we can be sure about prices getting back to another round of rally toward $6000 and then $10,000 by this year end.
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BitcoinPanther
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September 01, 2017, 09:27:40 PM |
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Since August was all about highs, September is the month we should be cautious with trades. Kinda expecting a significant crash sometime this month. It's always better to be prepared.
Yeah right bitcoin will crash to $5000 this month and will be trading above it. There is no reason for Bitcoin to crash, the update last Aug. 1 were successfully implemented even though it created a fork. I cannot read any incident that will crash Bitcoin price if you have some then kindly show us the possible reason why Bitcoin will crash this September.
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shezu007
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September 06, 2017, 02:31:40 PM |
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If the current trend will not change in September we will see rising prices. I don't expect bitcoin to grow continuously. I don't need it. For me it is enough that bitcoin will live on and will become an important instrument in the struggle for their rights.
Prices are confired that it will reach to 6000USD in sep while in the ending of month it will reach to 10,000 USd so i would like to say that we should see that happens with our eyes even blind people can feel the power bitcoin too so lets hope for the best because bitcoin is coming to change your life if you gonna invest in these days.
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BrewMaster
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September 06, 2017, 02:57:58 PM |
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Since August was all about highs, September is the month we should be cautious with trades. Kinda expecting a significant crash sometime this month. It's always better to be prepared.
Yeah right bitcoin will crash to $5000 this month and will be trading above it. There is no reason for Bitcoin to crash, the update last Aug. 1 were successfully implemented even though it created a fork. I cannot read any incident that will crash Bitcoin price if you have some then kindly show us the possible reason why Bitcoin will crash this September. i don't know what he means and probably he is just saying what he wishes to happen not what he speculates. so far the only thing that has the remote possibility of causing any price drop is the hard fork of SegWit2x which is scheduled for later this year. and depending on what happens a month before its due date there can be the same market as it was before August 1st (back in July).
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There is a FOMO brewing...
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linyhan
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September 06, 2017, 03:10:26 PM |
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Only one thing that always comes in my mind when september begins the way to mars until the end of this year. Cant wait to see 6000$ this september and $10000 by december.
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poldanmig
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September 06, 2017, 04:51:02 PM |
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We are all very confident with bitcoin values especially for this september. Because, bitcoin is still rising. This is really a miracle where many people are aware of potential for earn good profit by investing in bitcoin.
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South Park
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September 06, 2017, 05:35:15 PM |
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Since August was all about highs, September is the month we should be cautious with trades. Kinda expecting a significant crash sometime this month. It's always better to be prepared.
It is very obvious that things have calmed down a bit and this is good since now we can acquire bitcoin without the worry if it is going to be even higher the next day, I think this is due to the fact that people are now worried about what it may happen with segwit2x.
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BigBos
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September 06, 2017, 06:11:42 PM |
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let's see the potential for bitcoin prices this month. but, so far, bitcoin prices have remained stable, and have not shown any sign that bitcoin prices will rise to $ 5000.well, I predict that bitcoin prices this month will also rise again.
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Lmaooo
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santacoin.io
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September 06, 2017, 06:12:41 PM |
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I think it's better to buy anyway, as Bitcoin will rise
It's a good idea to buy more Bitcoins because the value will grow higher no matter the price. It is only a matter of time for Bitcoin to reach $10k.
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krankNL
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September 06, 2017, 06:26:54 PM |
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I get the impression that bitcoin is becoming more resilient the older it gets. It has fought off a handful of crashes with the MSM then writting it off everytime to then see it come back stronger. Bitcoin has had a hell of a year in 2017 and seen highs I never imagined would happen. Right now I am sat here with my new funds for a 2nd sizable batch of bitcoin to add to my wallet.
It has been weeks now and not all that much has been happening, I was expecting a bit of a fall in price after so much of a gain. I cannot help thinking that there are quite a few people right now thinking the same, many are wanting to jump in. Looks like I am not going to get my fall, which is OK, but looks like I might have to buy in again when prices rise say 5% to 8% in the next few weeks.
I have told myself that whatever gains I make in the next year I will match it with money I have elsewhere to the point of Bitcoin being 20% of my investments, no more. Rule of thumb for me past decade has been risky investments no more that 15%, and that's high for me.
It will be interesting anyway. And you act responsible for your assets, that's good. I think October will be much more dangerous than september. And November will be the most important month of 2017 probably. We'll see bitcoin hard fork.
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Trela
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The Decentralized TCP/IP Internet Protocol
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September 06, 2017, 06:45:19 PM |
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Fall is hardly going to happen now. When the price is in bubble, it usually shoots up and then suddenly drops. While Bitcoin has been maintaining $4100-$4400 price range from quite a time now with small fluctuations. This shows all the growth was natural and will continue as well. In September, Bitcoin can easily touch $5000.
Correct! I don't think this is a bubble, the price has been climbing steadily for a long time now whilst stopping off with little dumps & then continuing the upwards movement. I don't think the price is going up with enough volatility to be called a bubble. Bubble have many type, a bubble in few years or even several decades still have on marketplace. Do you think the value of an asset had increased x300,000 like Bitcoin from 2009 until today cannot call is bubble?
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South Park
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September 07, 2017, 04:17:47 PM |
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Since August was all about highs, September is the month we should be cautious with trades. Kinda expecting a significant crash sometime this month. It's always better to be prepared.
Yeah right bitcoin will crash to $5000 this month and will be trading above it. There is no reason for Bitcoin to crash, the update last Aug. 1 were successfully implemented even though it created a fork. I cannot read any incident that will crash Bitcoin price if you have some then kindly show us the possible reason why Bitcoin will crash this September. The segwit activation did not caused the fork, everything was settled and then out of nowhere some rogue miners decide they were going to create their own coin, those miners think that if something have bitcoin in their name it is going to become valuable and as far as I can see it seems their play worked more or less since their coin is still trading at good prices.
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EdenAquis
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"One Token to Move Anything Anywhere"
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December 03, 2017, 12:59:29 PM |
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The price of bitcoin is inflated up to 4600$ and I believe it to hike to the milestone 5000$ in the upcoming September. It will continue to rise like this bringing new surprises for the bitcoin holders...
its really an amazing move and like we have speculate before that before ending this august bitcoin will pass 4500$ and its really moving up maybe September would be a deciding month for bitcoiners to keep holding till the next year no matter what will happen to its value. 5000$ USD soon to hit take a gander at the market. Market is demonstrating their best part so individuals are coming to put there wage into bitcoin like that bitcoin is going high so what would we be able to state that. Bitcoin will reach to 10,000USD soon in the closure of year. So I might want to state that we should need to have faith in bitcoin and have confidence in 10,000USD.
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