real_links (OP)
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August 29, 2017, 09:36:42 PM |
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Bitcoin’s value is skyrocketing today on August 29 reaching an all-time high of $4,650 per BTC across global exchanges. Bulls don’t seem to be letting up as the price continues to climb after short periods of pullbacks as $5K per BTC could be just around the bend. Bitcoin Surpasses Another All-Time High After a solid week of bouncing around the $4,250-4,350 range, bitcoin markets kicked into high gear on Monday after the weekend, reaching a new all time high. At press time the price per bitcoin is hovering around the $4580-4630 territory and sell walls look extremely flat on many popular exchanges. Bitcoin trade volume has been strong commanding $2.2B worth of trades over the past 24-hours, and bitcoin dominance is averaging around 46 percent. The highest trade volumes for bitcoin right now are currently stemming from Japan, China, the U.S., South Korea, and India. Interestingly, Asian markets from exchanges like Bitflyer, Bithumb, and Huobi are currently trading roughly $50 less than western exchange spot prices https://news.bitcoin.com/markets-update-bitcoin-skyrockets-to-4650-setting-new-all-time-high
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Yoandy10
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August 29, 2017, 09:39:23 PM |
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I’m hoping we break $5k be end of month. That would absolutely be outstanding!
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aysg76
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August 30, 2017, 02:29:37 AM |
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Well from past few days its price is surprising everyone and now it had break 4600$ reaching all time high. This seems a good news for the bitcoin holders and most probably I believe it will make it to 5000$ very soon...
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iamTom123
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August 30, 2017, 03:14:17 AM |
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Bitcoin’s value is skyrocketing today on August 29 reaching an all-time high of $4,650 per BTC across global exchanges. Bulls don’t seem to be letting up as the price continues to climb after short periods of pullbacks as $5K per BTC could be just around the bend. Bitcoin Surpasses Another All-Time High. After a solid week of bouncing around the $4,250-4,350 range, bitcoin markets kicked into high gear on Monday after the weekend, reaching a new all time high. At press time the price per bitcoin is hovering around the $4580-4630 territory and sell walls look extremely flat on many popular exchanges. Bitcoin trade volume has been strong commanding $2.2B worth of trades over the past 24-hours, and bitcoin dominance is averaging around 46 percent. The highest trade volumes for bitcoin right now are currently stemming from Japan, China, the U.S., South Korea, and India. Interestingly, Asian markets from exchanges like Bitflyer, Bithumb, and Huobi are currently trading roughly $50 less than western exchange spot prices https://news.bitcoin.com/markets-update-bitcoin-skyrockets-to-4650-setting-new-all-time-highAfter breaking the important $4,500 wall, Bitcoin is now more focused on reaching $5,000 before maybe making some corrections within September and then making a comeback to finally settle at the $5,000 peak. We are now witnessing another rampage of Bitcoin and this can already be discounting the possible fork within November. I am optimistic that within September we can be able to see more surges as well as some corrections (or bubblets to avoid that big bubble to happen). Happy are those who never let fear and wrong information intimated them into cashing out their Bitcoin. Let us be HODLERS this time into 2018.
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freebutcaged
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August 30, 2017, 04:23:30 AM |
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More to come as Bitcoin price was designed to increase from the day one. but given the used electricity on mining I'd say even $10,000 per coin is not
Enough, miners are using electricity as if they were a country with millions of people combined, I guess this is the cost of decentralization, just like
2017 when it started everything changed in crypto, I don't know what to expect from 2018. maybe our dream of getting rich with a few Bitcoins finally
Comes true.
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btc_angela
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August 30, 2017, 05:46:03 AM |
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Really happy to see that bitcoin has finally get over $4500 and its looks like it is going to sustained this price. As I have predicted, this is similar to $3000 barrier that we have seen, it took us months to get then their is a sudden dump, then finally is was sustained to reach the price we are seeing.
It seems to me that new investors just got it and didn't care if the price is too high to buy. They have a lot of money to begin with. So they don't care if the price is above $4000 just to enter the ecosystem, unlike us ordinary trader who need o wait for the price to dip. But we are all good, let them in, they are all welcome.
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Herbert2020
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August 30, 2017, 06:07:21 AM |
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breaking the previous ATH was a very good sign in my opinion. i actually was expecting some trouble breaking it and was expecting a longer period of accumulation below the previous ATH around the $4300 price. possibly another week even. but this new price changes shows that market is so much readier than before. there is a lot of money coming in from all around the world. i see people who has never heard of bitcoin are investing in it now.
and not to mention all the attention that bitcoin is getting in the media these days. everywhere you look there is an article talking about how well bitcoin has been performing and out it outpaced every other asset.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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loopes
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August 30, 2017, 06:19:29 AM |
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Well from past few days its price is surprising everyone and now it had break 4600$ reaching all time high. This seems a good news for the bitcoin holders and most probably I believe it will make it to 5000$ very soon...
yeah agree for that bitcoin will break new records by reach 5000 dollar. most of bitcoin user will be happy to heard it especially the holders of bitcoin. it will very profitable for them due to their money will increasing.
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Kyraishi
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August 30, 2017, 07:37:48 AM |
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Bitcoin’s value is skyrocketing today on August 29 reaching an all-time high of $4,650 per BTC across global exchanges. Bulls don’t seem to be letting up as the price continues to climb after short periods of pullbacks as $5K per BTC could be just around the bend. Bitcoin Surpasses Another All-Time High After a solid week of bouncing around the $4,250-4,350 range, bitcoin markets kicked into high gear on Monday after the weekend, reaching a new all time high. At press time the price per bitcoin is hovering around the $4580-4630 territory and sell walls look extremely flat on many popular exchanges. Bitcoin trade volume has been strong commanding $2.2B worth of trades over the past 24-hours, and bitcoin dominance is averaging around 46 percent. The highest trade volumes for bitcoin right now are currently stemming from Japan, China, the U.S., South Korea, and India. Interestingly, Asian markets from exchanges like Bitflyer, Bithumb, and Huobi are currently trading roughly $50 less than western exchange spot prices https://news.bitcoin.com/markets-update-bitcoin-skyrockets-to-4650-setting-new-all-time-highI really wouldn't be surprised if the value went up again after this(perhaps even $5k+) because of just how crazily people seem to be buying into bitcoin and other altcoins. I've been hearing about cryptos all over the news, and i guess that's what's primarily driving these series of crazy pumps - publicity and media coverage. We are still close to the all time high even though price has gone down a bit since earlier today. Just don't forget that we are in a bubble(most likely). It could last a long time, but eventually it'll pop. Just be cautious in your investments, don't invest more than what you can afford to lose.
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magneto
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August 30, 2017, 10:50:33 AM |
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Bitcoin’s value is skyrocketing today on August 29 reaching an all-time high of $4,650 per BTC across global exchanges. Bulls don’t seem to be letting up as the price continues to climb after short periods of pullbacks as $5K per BTC could be just around the bend. Bitcoin Surpasses Another All-Time High After a solid week of bouncing around the $4,250-4,350 range, bitcoin markets kicked into high gear on Monday after the weekend, reaching a new all time high. At press time the price per bitcoin is hovering around the $4580-4630 territory and sell walls look extremely flat on many popular exchanges. Bitcoin trade volume has been strong commanding $2.2B worth of trades over the past 24-hours, and bitcoin dominance is averaging around 46 percent. The highest trade volumes for bitcoin right now are currently stemming from Japan, China, the U.S., South Korea, and India. Interestingly, Asian markets from exchanges like Bitflyer, Bithumb, and Huobi are currently trading roughly $50 less than western exchange spot prices https://news.bitcoin.com/markets-update-bitcoin-skyrockets-to-4650-setting-new-all-time-highI've heard people talk about the asian markets being the sort of "leading light", which acts before the western ones do. I guess that was one of the reasons why the correction came so quickly, from $4700 down to $4500 right now. Another all time high though... This thing is just blowing up like hell right now, there's no stopping it (until the bubble pops). This current pump could potentially be as a result of bitcoin cash adjusting down quite a bit in the past few days. There still appears to be an inverse relationship between these two coins. I'd expect another ATH to be broken really soon, but then the crash wouldn't be far away either.
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kumiskura
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August 30, 2017, 11:38:47 AM |
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it's like before when we're trying to hit $4000 marks, hit $4000 marks and then goes down to $3800,after that trying again and the surpassing $4000 so it's a good sign for Bitcoin,and i believe we will see $5000 marks soon
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freedomsr40
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August 30, 2017, 11:42:04 AM |
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I think ATH is one thing, the market dominance is another, we should see if alt-coins are out performing BTC or not. if so, ATH doesn't mean anything because others will catch up.
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Nahl
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August 30, 2017, 12:10:49 PM |
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i'm not really concern to see bitcoin compare to dollar and more likely to see bitcoin compare to my local currency and indeed yesterday it was confirmed that all-Time High was already happened in my local exchange too and this is good for me but i'm slightly regretted didn't sold my bitcoin at that price because today the price slightly down however next month i want to see bitcoin reach to $5000
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alyssa85
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CryptoTalk.Org - Get Paid for every Post!
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August 30, 2017, 01:24:16 PM |
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The high price is attracting some sellers. See the following thread where coins from 2010 were moved, some of them (1000 coins) to Bitstamp: https://www.reddit.com/r/Bitcoin/comments/6wvdmo/who_is_moving_these_2010_coins/That's a fair chunk of money, and it must be owned by one of the very early miners who was just mining away using an ordinary computer.
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sindikat
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August 30, 2017, 01:32:30 PM |
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I think that people too pay much attention to the price of bitcoin. I don't care how much it will cost bitcoin. For me the main thing that it was and developed. Bitcoin as a tree. If you create for it favorable conditions it will grow and bless us with its fruits. If this is not done, the tree will wither and we will never see the fruit.
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Siren
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August 30, 2017, 02:24:22 PM |
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I think ATH is one thing, the market dominance is another, we should see if alt-coins are out performing BTC or not. if so, ATH doesn't mean anything because others will catch up.
On the contrary bitcoin has been dominating that is why we are seeing new ATH because its performing very strong. Is there any altcoins that can challenge bitcoin coin? They say, ETH but the so called "flippening" did not happened. That is why we reach a new ATH. Some says, that it was Satoshi, but I doubt it. Maybe just a old miner who wants to claimed his free BCH/BCC. I think that people too pay much attention to the price of bitcoin. I don't care how much it will cost bitcoin. For me the main thing that it was and developed. Bitcoin as a tree. If you create for it favorable conditions it will grow and bless us with its fruits. If this is not done, the tree will wither and we will never see the fruit.
This is a bitcoin forum so don't expect anyone not to talk about it specially the price. If you don't care about the price, then why are you here in the first place? We pay too much attention because almost of us here are traders and admit it or not, we are all for the profit.
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alyssa85
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August 30, 2017, 02:42:07 PM |
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Some says, that it was Satoshi, but I doubt it. Maybe just a old miner who wants to claimed his free BCH/BCC. The intriguing thing is that he didn't touch his BCH at all. He moved bitcoin only...
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EdenHazard
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August 30, 2017, 02:54:15 PM |
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a lot enough to make the market flased down , but not enough to break the up trends right now , new all-time high will keep coming every year, every month. i will just hold my bitcoin for now at least until the next panic selling climax which i think could happened before new year. coindesk recorded the all-time high of bitcoin price $4,707.55 happened 30 Aug 04.37 UTC time by the way.
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LeGaulois
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August 30, 2017, 03:26:57 PM |
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Do you guys think the Bitcoin rate will continue to increase like it is doing these past weeks? I am not going to complain to see Bitcoin above $4500 lol but in my opinion, we may see an opposite move before November and lot of us will be disappointed. What I mean is look, Bitcoin keeps increasing daily and can't even be stable for a full week, I don't think this is about to be pessimistic but need to come back to a reality
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alyssa85
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August 30, 2017, 04:29:36 PM |
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Do you guys think the Bitcoin rate will continue to increase like it is doing these past weeks? I am not going to complain to see Bitcoin above $4500 lol but in my opinion, we may see an opposite move before November and lot of us will be disappointed. What I mean is look, Bitcoin keeps increasing daily and can't even be stable for a full week, I don't think this is about to be pessimistic but need to come back to a reality
Regarding November - it depends entirely on how the current BTC/BCH fork goes. People were very relieved on August 1st that it went so smoothly and didn't appear to have an impact on BTC - which is why we got the relief rally from $3000 to above $4000. Then we got a flash crash when the miners shifted over to BCH after August 19th. Then a recovery when they shifted back. Things now seem to have stabalised, but if this thing goes badly with constant messing around with the mining and thus the blocktimes, then people arn't really going to want ANOTHER fork in November. It will fill them with dread and we might see a sell off if there is no consensus to prevent a fork.
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