A great day for Bitcoin

[Lucid717]

I'm not going to repeat everything I just typed in another post, but I do want to draw attention to that post by creating a thread dedicated to the idea.  I posted my thoughts in the thread titled:  "10,000 by 2018" or something like that.  A lot of promising news surfacing today for cryptocurrency as a whole, and for Bitcoin above all else.  If you're one of the people that feel like you've missed the boat already, so you're not investing in it, I get the feeling you will regret it and within the next 2 years be thinking to yourself that $4500 for 1 Bitcoin would be a wet dream if you had it to do over.  The best thing since the 39 cent cheeseburgers at McDonalds.

Okay... much better than that actually.

[Aamir1]

Obviously. People usually think, by seeing the price at this point that they are late for investing in bitcoin, but i think they are wrong. It is never late to be a investor in bitcoin because the process is still continued. And if the price reached here today, it can surely go far higher tomorrow. Though the investors missed the chance of earning for once, but they always have the chance as long as bitcoin is below 10k mark. Because 10k for bitcoin is reachable for sure.

[Don Pedro Dinero]

Yes, it seems that we are going to see a new ATH fairly soon. What has drawed my attention is that btc dominance has passed the 50% mark (currently 50,6%, source: coinmarketcap) and that bitcoin cash is losing market cap while we have ahead to more possible forks: the “Bitcoin Gold” one, although this one is more unlikely, and Bitcoin Segwit 2x in November. So, I wil HODL.

[Pursuer]

there has been a lot better days for bitcoin though. I don't see anything special about these days to be honest. the greatest this year (in my opinion) was when Japan announced bitcoin as a legal way of payment. then the other great day was when again Japan removed taxes from bitcoin payments a couple of months after the first news.

as for price (since this is speculation board) the great day was when price went down to $2970 after the ATH and helped so many people get on board (because they were left behind) and so many others to buy more (because they had more cash they wanted to dump).

oh and let me share this topic here: https://bitcointalk.org/index.php?topic=1790863.0
it is only 2 more months before I once again update the "1 in a million" topic. and it is already >$40000 higher than 4 months ago!

[webtricks]

Yes, it seems that we are going to see a new ATH fairly soon. What has drawed my attention is that btc dominance has passed the 50% mark (currently 50,6%, source: coinmarketcap) and that bitcoin cash is losing market cap while we have ahead to more possible forks: the “Bitcoin Gold” one, although this one is more unlikely, and Bitcoin Segwit 2x in November. So, I wil HODL.

Forks can be a catalyst as well as obtrusion in the Bitcoin price rally, all depends how public react to fork at large. But all such events are short-period. What actually matters is the believe of people in Bitcoin. It has been increasing steadily since the inception of 2017. No one was sure of $2000 till December but see where we reached. This year has seen tremendous growth of new investors, this rise will continue for more coming years. So no surprise we could see $10K soon enough, maybe in a 1-2 years.

[solarion]

I'm not going to repeat everything I just typed in another post, but I do want to draw attention to that post by creating a thread dedicated to the idea.  I posted my thoughts in the thread titled:  "10,000 by 2018" or something like that.  A lot of promising news surfacing today for cryptocurrency as a whole, and for Bitcoin above all else.  If you're one of the people that feel like you've missed the boat already, so you're not investing in it, I get the feeling you will regret it and within the next 2 years be thinking to yourself that $4500 for 1 Bitcoin would be a wet dream if you had it to do over.  The best thing since the 39 cent cheeseburgers at McDonalds.

Okay... much better than that actually.

I understand your point and recent days I am holding most of the bitcoins I earn it. Now investing on altcoin ICO to get the quick the winnings in profit. Recently invested in Dentacoin some days before. Will buy some bitcoins with the local trader. Today price bump takes to 4600 USD so we can expect more amount in this month itself. If we hold it till next year means we can get 10k also.

[warrior333]

$ 10,000 before the end of this year is too optimistic. I am sure that whales will try to capitalize on such sentiments. Until 25 October the price will rise. I think we will see the price is higher than $ 5,000 and even more. But after the fork when whales sell all the coins that I bought in September we will see a greater correction. I will be very happy if the price to the end of the year will remain at the level of $ 5,000.

[BUK2016]

I'm not going to repeat everything I just typed in another post, but I do want to draw attention to that post by creating a thread dedicated to the idea.  I posted my thoughts in the thread titled:  "10,000 by 2018" or something like that.  A lot of promising news surfacing today for cryptocurrency as a whole, and for Bitcoin above all else.  If you're one of the people that feel like you've missed the boat already, so you're not investing in it, I get the feeling you will regret it and within the next 2 years be thinking to yourself that $4500 for 1 Bitcoin would be a wet dream if you had it to do over.  The best thing since the 39 cent cheeseburgers at McDonalds.

Okay... much better than that actually.

Yes OP, it was really a great day but not for only bitcoin but some other altcoins like ethereum and the rest of them had their shares as the result of the positive move by bitcoin. I believe $10,000 is achievable in the next two years but it is only few people who has enough money that can invest in bitcoin in a huge sum.

[Kprawn]

I'm not going to repeat everything I just typed in another post, but I do want to draw attention to that post by creating a thread dedicated to the idea.  I posted my thoughts in the thread titled:  "10,000 by 2018" or something like that.  A lot of promising news surfacing today for cryptocurrency as a whole, and for Bitcoin above all else.  If you're one of the people that feel like you've missed the boat already, so you're not investing in it, I get the feeling you will regret it and within the next 2 years be thinking to yourself that $4500 for 1 Bitcoin would be a wet dream if you had it to do over.  The best thing since the 39 cent cheeseburgers at McDonalds.

Okay... much better than that actually.

Yes, most people would not have predicted a year ago that the price would hit $5000 within a year and it did. We also were going

on about Bitcoin not being scalable and now we have several forks focused on scaling. The Legacy bitcoin chain will come under

attack from all these forks, but it will survive, like it did all the previous times. {Bitcoin XT}  ..... People will follow the most

secure fork and the merchants will follow them. { I feel, Bitcoin original is the safest bet... I do not trust the developers behind

the other forks } 

[crairezx20]

There are lots of people  honestly are afraid about bitcoin if the price is going to crash back again since they already experience the crash past months ago i think they will hardly to think to invest and maybe this time it is bull  trap again and they will regret if they bought bitcoin for high price and sell them for small price. Now the price is actually increased today due to nearly pork and getting a free bitcoin gold after the fork and sell them to get a profit.. So those people who late will be regret.. but its still not late to buy bitcoin since 5k and 10k  still not hit..

[AT101ET]

There's definitely been a lot of good news surrounding the price although the typical haters are calling it a bubble waiting to burst.
In terms of buying in, if you're simply looking to make fiat back on your investment then the number one rule is don't buy more than you're willing to lose. With that approach now would be the right time to buy.
If you believe in Blockchain technology and the likes of BTC then the price you buy in at shouldn't matter.

[iram1011]

there has been a lot better days for bitcoin though. I don't see anything special about these days to be honest. the greatest this year (in my opinion) was when Japan announced bitcoin as a legal way of payment. then the other great day was when again Japan removed taxes from bitcoin payments a couple of months after the first news.

as for price (since this is speculation board) the great day was when price went down to $2970 after the ATH and helped so many people get on board (because they were left behind) and so many others to buy more (because they had more cash they wanted to dump).

oh and let me share this topic here: https://bitcointalk.org/index.php?topic=1790863.0
it is only 2 more months before I once again update the "1 in a million" topic. and it is already >$40000 higher than 4 months ago!

I would say this year so far had been a great year for Bitcoin. There were lots of ups and downs with series of negative and positive news. Forks, ban, legal, taxes, regulations and what not. But still bitcoin appreciated to 400% of its value since the year started. We saw an increased interest in Bitcoin as an investment asset be it individuals, experienced investors or centralised institutions.

Reaching $10000 by 2018 is very much possible. Rather I would say Bitcoin will touch this number in the mid of next year and we will definitely end up with $10k+ by the end of next year. These coming 5-6 years will see a huge growth in bitcoin. These years are kind of transition between Bitcoin being infamous to Bitcoin being mainstream and will be full of fluctuations.

[Lucid717]

In case nobody is paying attention... since I posted this thread a few hours ago the value of Bitcoin has risen almost $200, and isn't showing signs of slowing down.  Also I wanted to address of few of the issues, addendum's, things to add or whatnot to my OP.  If anyone actually read the post I was referencing you'd see that I actually addressed most of those things, and we're actually in agreement.  For example I said I thought the start of 2018 wasn't realistic, but that I could see it reaching 10K by the "end" of 2018.  Previously I thought the end of 2019 was the realistic timeline but things have changed, and so has my outlook along with it.  I also said that it was good news for cryptocurrency as a whole, but for Bitcoin more than anything else.  I honestly don't have a lot of faith in the long, or even medium term prospects of any other cryptocurrency, but I believe Bitcoin is the exception.  I'm not even sure I have much confidence in it thriving in the "long" term, as in decades down the road, but I certainly do in the medium term, as in several years from now.  Honestly I do believe it will "eventually" blow up in people's faces, but there's plenty of money to be flipped before then.  I think it has "at least" five good years in it to grow, but at most ten.  That's just one man's opinion.  And I don't have much interest in Bitcoin Gold, or Bitcoin this, or Bitcoin that... just plain old, original, no added flavors or preservatives, anonymous, used by people on the deepweb to buy shady things Bitcoins.  And also said it wasn't one of the best days in terms of volume/value, but in terms of future prospects moving forward...  although now that I look at the chart and see what looks like a graph of Mt. Everest over the past 12 hours I'm beginning to think it's a great day for it in both regards.

Get em while they're hot, and still relatively cheap... years from now it'll look like a bargain anyhow that I can guarantee you.  And the general public is still at large completely oblivious to their existence.  I guess it depends on the crowd you hang out with, but if I were to ask 100 people that I know what they know about Bitcoins, about 95 of them would respond by saying...  "What the heck is a Bitcoin?  Is that some kind of money?"  My one friend was interested but knows nothing about computers whatsoever.  And that's a huge hurdle for some people too.  And there's so much to explain to them you don't know where to start, and also know even if you tried it'd be like you were speaking a different language to them.  It's a new age, a new way.  No need for stockbrokers anymore.  Just take some time to learn the ropes yourself, create an account at a place like localbitcoins, and make the investments yourself.  Follow the news and the trends and use your eyes, mind and intuition to know when to buy, hold, or sell.  It's an investment taylor made for pupils of the information age, not the old guard on Wall St.  A random kid in here self informed about cryptocurrency could make better decisions about it than the C.E.O. of a Fortune 500 company.  If they were truly wise they would be coming to places like this to recruit/hire a new mold of market analysts.  I know I've gotten better advice in here than I've gotten from any international banker or major media outlet article, and have done my best to contribute to others as well.  We have to watch each others backs like that to thrive... together.  

[GreatOrchid]

Yes of course, this is amazing because the price is increasing everyday, maybe it is difficult to understand how does the price works, but we have seen bitcoin touching less than $3000 a few days ago, and it caused a lot of panic selling in the market, but it is very good to see that a lot of people are having hope in bitcoin, because it went from $3000 to $4700 in just matter of days.
So i think that this can go up much, much more than this.

[AngelSky]

There are lots of people  honestly are afraid about bitcoin if the price is going to crash back again since they already experience the crash past months ago i think they will hardly to think to invest and maybe this time it is bull  trap again and they will regret if they bought bitcoin for high price and sell them for small price. Now the price is actually increased today due to nearly pork and getting a free bitcoin gold after the fork and sell them to get a profit.. So those people who late will be regret.. but its still not late to buy bitcoin since 5k and 10k  still not hit..

As you said many get the fear by seeing the price constant at the value of 4300$.But do you check the today price of bitcoin, it's around the value of 4700$.It crossed Many peak now.Even it crossed a month back peak of 4600$.So to is the greatest day for bitcoin. It is now reached new peak cheers.

[Hamphser]

There are lots of people  honestly are afraid about bitcoin if the price is going to crash back again since they already experience the crash past months ago i think they will hardly to think to invest and maybe this time it is bull  trap again and they will regret if they bought bitcoin for high price and sell them for small price. Now the price is actually increased today due to nearly pork and getting a free bitcoin gold after the fork and sell them to get a profit.. So those people who late will be regret.. but its still not late to buy bitcoin since 5k and 10k  still not hit..

As you said many get the fear by seeing the price constant at the value of 4300$.But do you check the today price of bitcoin, it's around the value of 4700$.It crossed Many peak now.Even it crossed a month back peak of 4600$.So to is the greatest day for bitcoin. It is now reached new peak cheers.

It is already on $4800 price as of now on which it can still possible to reach out 5k in no time if the rally would continue to its price which is indeed a great day for bitcoin and for those who go short in bitcoin trade specially when they bought up on cheap price like 4100-4300 then it is indeed an easy $400 usd profits in no time.This is really the beauty when you are trading up on bitcoins price if theres a certain news or events would happen because we can already presume that there would something to happen and now the price have risen but im sure later on it would correct again.

[JanpriX]

A very good day indeed for us in the cryptoworld and for those who HODL BTC with their lives. Many people (including me) will not believe that the price few weeks ago went so low because of the China FUD and a tweet by a well-known personality in the financial world. And look at the price now, we are back again at $4.8k territory like nothing else happened. People should realize by now the BTC is the real thing when it comes to pure investment approach. You could be rich in the coming years by just hodling your BTC. I'm very positive of this.

[Lucid717]

There are lots of people  honestly are afraid about bitcoin if the price is going to crash back again since they already experience the crash past months ago i think they will hardly to think to invest and maybe this time it is bull  trap again and they will regret if they bought bitcoin for high price and sell them for small price. Now the price is actually increased today due to nearly pork and getting a free bitcoin gold after the fork and sell them to get a profit.. So those people who late will be regret.. but its still not late to buy bitcoin since 5k and 10k  still not hit..

As you said many get the fear by seeing the price constant at the value of 4300$.But do you check the today price of bitcoin, it's around the value of 4700$.It crossed Many peak now.Even it crossed a month back peak of 4600$.So to is the greatest day for bitcoin. It is now reached new peak cheers.

.This is really the beauty when you are trading up on bitcoins price if theres a certain news or events would happen because we can already presume that there would something to happen and now the price have risen but im sure later on it would correct again.

Yes.  Just a 1 tweet of bad news can cause the value to drop from 5K to 3700 in no time, one positive post pointing out great news... or in today's case several pieces of great news can cause it to spike just as quickly.  It's called confidence.  When people lose it the value drops, when they gain it the value rises.  And this news isn't just some small time event that could create a small push/advantage for cryptocurrency and Bitcoins in general.  It's a sign that not only is it not going away, big shots are taking it seriously now, and even a powerhouse economy possessing the 2'nd strongest currency considers it a threat to their existence.  And also critical infrastructure is being put into place or at least in the plans on pretty much a global scale at this point.  Even 3'rd world countries that don't have paved roads are investing in Bitcoin ATM's.  Those certainly aren't the maneuvers of people that think it is just some passing fad or even a scam, regardless of what they might say.  Their actions speak much louder.

[Reatim]

I'm not going to repeat everything I just typed in another post, but I do want to draw attention to that post by creating a thread dedicated to the idea.  I posted my thoughts in the thread titled:  "10,000 by 2018" or something like that.  A lot of promising news surfacing today for cryptocurrency as a whole, and for Bitcoin above all else.  If you're one of the people that feel like you've missed the boat already, so you're not investing in it, I get the feeling you will regret it and within the next 2 years be thinking to yourself that $4500 for 1 Bitcoin would be a wet dream if you had it to do over.  The best thing since the 39 cent cheeseburgers at McDonalds.

Okay... much better than that actually.

That's why there are no right time to invest in bitcoin if you are a believer. Down 2-3 years, you will say yeah I made the right decision to put my money on it. While others will definitely regret their decision not to because they think the bitcoin price is too steep for them. But if you don't have to missed the boat get it at any price, no questions asked and watch and wait your invested grow.

[MMA]

There are lots of people  honestly are afraid about bitcoin if the price is going to crash back again since they already experience the crash past months ago i think they will hardly to think to invest and maybe this time it is bull  trap again and they will regret if they bought bitcoin for high price and sell them for small price. Now the price is actually increased today due to nearly pork and getting a free bitcoin gold after the fork and sell them to get a profit.. So those people who late will be regret.. but its still not late to buy bitcoin since 5k and 10k  still not hit..

As you said many get the fear by seeing the price constant at the value of 4300$.But do you check the today price of bitcoin, it's around the value of 4700$.It crossed Many peak now.Even it crossed a month back peak of 4600$.So to is the greatest day for bitcoin. It is now reached new peak cheers.

It is already on $4800 price as of now on which it can still possible to reach out 5k in no time if the rally would continue to its price which is indeed a great day for bitcoin and for those who go short in bitcoin trade specially when they bought up on cheap price like 4100-4300 then it is indeed an easy $400 usd profits in no time.This is really the beauty when you are trading up on bitcoins price if theres a certain news or events would happen because we can already presume that there would something to happen and now the price have risen but im sure later on it would correct again.

we can expect a big fluctuation in the price of bitcoin at any time therefore I think that even now it is good to buy bitcoin because bitcoin still below 5000$ and we are expecting that very soon the price of bitcoin is going to cross 5000$ and even after that it will continue increasing, because bitcoin has still too much potential to increase.