$5000 is already breached

[Siren]

I just checked Bitfinex and its currently trading above $5000 now (currently $5100). Hope this is sustainable though. Expect a lot of press release later above this new milestone that has been reach. 

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[MMysterious]

Yep and it keeps on increasing still. Time to convert your btc into your own fiat money then a lot would be rich today. I never expected bitcoin to reach $5000 today, I was even expecting it to reach that amount by the end of this year and look at it now.

[muraqaba]

all smiles 

[soham]

I just checked Bitfinex and its currently trading above $5000 now (currently $5100). Hope this is sustainable though. Expect a lot of press release later above this new milestone that has been reach. 

Yes, this is the second time bitcoin reached and sustained above 5k USD. Last time it reached 5k, and immediately JMP boss Jamie came out with the infamous statement of bitcoin being a scam and also China decided to ban ICO at the same time. That is the reason, bitcoin price dropped to 3200 USD level and took some time to recover. However, all is well that ends well. The market cap of bitcoin is now 84 billion USD and counting. We just need to keep the positive atmosphere alive.

[LouVandetta]

Damn, I couldn't be any happier than now.
It was worth the wait, especially for the holders that have been waiting for this moment.
And it keeps increasing, wonder how far will it last  

[alimetet]

5200 now at bitfinex how much do you guess i ll go?

[buwaytress]

I just checked Bitfinex and its currently trading above $5000 now (currently $5100). Hope this is sustainable though. Expect a lot of press release later above this new milestone that has been reach. 

Yes, this is the second time bitcoin reached and sustained above 5k USD. Last time it reached 5k, and immediately JMP boss Jamie came out with the infamous statement of bitcoin being a scam and also China decided to ban ICO at the same time. That is the reason, bitcoin price dropped to 3200 USD level and took some time to recover. However, all is well that ends well. The market cap of bitcoin is now 84 billion USD and counting. We just need to keep the positive atmosphere alive.

No, this is the "proper" first time. The last time around, it only reached 4,900 levels, with just a handful of exchanges recording buys past 5k. In fact, in countries like Zim and South Korea, they often trade at much higher levels thanks to increased demand. To get a closer idea of what price is, gotta use stats from sites that factor in global averages from major exchanges (therefore averaging across volumes and not getting imbalanced averages from the odd expensive order).

Coindesk Bitcoin Price Index https://www.coindesk.com/price/ can be considered one attempt at industry standard. Right now, it is is at an all time high past $5100!

I believe Lauda owes an animated GIF somewhere on the Wall thread.

[paolo099]

that's a great milestone for sure, i'm expecting all the casual holders to start to panic sell before the drop, use your brain folks and not your emotion. Personally i would HODL and wait for the next future.
Besides that, amazing milestone BTC!

[jasonjm]

I just checked Bitfinex and its currently trading above $5000 now (currently $5100). Hope this is sustainable though. Expect a lot of press release later above this new milestone that has been reach. 

This is very high. I checked the price a min ago, the price is $5200 but after that the price starts decreasing. Also this increase in price occurred just in 5 to 10 min. Hoping for its price to increase more. Just enjoying the price increase.

[thebanker28]

It looks like the $5,000 level is a real psychological barrier that once crossed people just cut loose and started buying. I am watching with interest the whole market today.

[nydiacaskey01]

Don't celebrate yet as always there will be market correction that will follow after this and this is something that will not last, I assume after the fork price of Bitcoin will go back to $4,000 USD. But, if it stays at $5,000 up that will be great. With 13 days to go till fork, $6,000-$7,000 USD is very possible. problem with this is those alt holders are the one suffering.

[Yaunfitda]

Don't celebrate yet as always there will be market correction that will follow after this and this is something that will not last, I assume after the fork price of Bitcoin will go back to $4,000 USD. But, if it stays at $5,000 up that will be great. With 13 days to go till fork, $6,000-$7,000 USD is very possible. problem with this is those alt holders are the one suffering.

I agree. Don't just be too excited. Although the mental barrier has been broken, when the other side of the earth wokes up, we may see some price correction along the way. Although it feels good that we again touched and broke $5000. I'm sure that a lot of people are now focusing on the price. Will be it sustainable in the short or long run? Let's see how things will go in the next days.

[junoreactor]

Hi folks. Great news! Will be interesting now to see if the price can remain above 5K in the following days.

Article from cointelegraph > https://cointelegraph.com/news/5k-forever-bitcoin-price-surges-to-claim-new-all-time-highs

''Analysts are more confident than ever that Bitcoin will stay above $5000 today as prices continue surging towards new highs of $5050.

Technical data from multiple sources indicates no slowdown in Bitcoin’s charge to retake the historic price level, having increased by $600 since Monday.

Now, forecasts of resistance range from $5200 to $7000 should the largest digital currency hold above the barrier.

More resilient:
Bitcoin passed $5k for the first time September 2, before dropping back markedly as markets reacted to subsequent regulatory moves in China.

A period of volatility, which saw prices dip below $2000 soon reversed, Bitcoin becoming rapidly more resilient to further hostile reactions from authorities.

"This week’s decision to block access to cryptocurrency exchanges in Russia, for example, had barely any effect on Bitcoin’s upward trajectory."

While BTC is no stranger to corrections, buoyant short-term predictions by well-known investors are flowing. On Wednesday, Mike Novogratz told CNBC he “would not find it surprising” if one bitcoin cost $10,000 by April 2018.

At press time, BTC was trading around $5050 per coin according to Bitcointicker’s tracking of Bitstamp rates.

In altcoin markets meanwhile, activity was flat as investors appeared to turn to Bitcoin."

[Teraboy]

When bitcoin passed $5000 barriers, and then $5800 is such an easy point for bitcoin to go, there might be some correction happened in the future but won't dump bitcoin as hard as when bitcoin gets temporarily banned by china, and now bitcoin is going to $6K guys, brace yourself. it's just matter of time

[magneto]

I just checked Bitfinex and its currently trading above $5000 now (currently $5100). Hope this is sustainable though. Expect a lot of press release later above this new milestone that has been reach.  

Yep, we are actually nearing $5200 before but now we seem to be adjusting a little.

Right now we can see the floor being around $5100, the price could potentially correct to less than that but i don't think that it is likely, and even if it does happen then minimum would be around $5000 per coin in my opinion for this month.

This month we should see price steadily climb just like August. If the fork is successful, 10k wouldn't be impsosible.

[zurc]

I just checked Bitfinex and its currently trading above $5000 now (currently $5100). Hope this is sustainable though. Expect a lot of press release later above this new milestone that has been reach. 

It keeps on increasing this is gonna be road to $6000 before the year ends. Bitcoin experts prediction just came true and I wish Jamie Dimon regret what he said last month lol hahaha

[NUFCrichard]

I just checked Bitfinex and its currently trading above $5000 now (currently $5100). Hope this is sustainable though. Expect a lot of press release later above this new milestone that has been reach.  

Yep, we are actually nearing $5200 before but now we seem to be adjusting a little.

Right now we can see the floor being around $5100, the price could potentially correct to less than that but i don't think that it is likely, and even if it does happen then minimum would be around $5000 per coin in my opinion for this month.

This month we should see price steadily climb just like August. If the fork is successful, 10k wouldn't be impsosible.

Love it, the floor is the price that was first breached about 1h ago!
I am happy that the price is up, I wonder if the next step is $7000 as the charts have suggested.

Can you imagine if the stock markets start to fall, this could get crazy then.

[fedoralite]

A good sign that there are more pumps coming and we should hold our btc for now so that the pump will continuously come on bitcoins but I'm wondering on what would be the highest price would reach for these month since we are currently experiencing a good phase for bitcoins at these point. And I would buy some bits to get and hope I can contribute to these pump.

[joseafonso123az]

Hopefully the value of BTC maintains it's new height, and hopefully people dont start selling out their BTC just because it reached this milestone, or it can make BTC fluctuate and maybe bring it a bit down! Maybe after the forks, and if everything works out smoothly, we will see $6000 still this year!

[n0ne]

This is the day users were expecting for a longer time. People expected the same to take place long back, but everything went out of hands making users get panic. Now slowly the price recovery had taken place from the lower point of $2900 and now it has crossed the barrier of $5000 and getting close to $5100. Maybe soon we can expect a price dump or bump.