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Author Topic: Bitcoin breaks all time high and surges past $5,000  (Read 1215 times)
mensa84 (OP)
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October 12, 2017, 09:34:09 AM
 #1

A little over a month ago, China tightened regulation on ICOs and cryptocurrency exchanges, crashing the price of BTC from $4,975 down to under $3,000. Now, just over a month later, we have seen a Bitcoin price rally, blowing past previous all time highs.

Many people are moving their positions from altcoins into Bitcoin in anticipation of the Bitcoin Gold hard fork that will be time-stamped on October 25th. In a fork, a group of miners decide to create a copy of the existing blockchain from a particular block, then branch off into a new blockchain thereafter, typically to implement different protocols or policies. As a result of this blockchain copying, every person who holds BItcoin in a supported wallet will receive free Bitcoin Gold at a rate of 1:1. This is a very attractive motivation to be invested in BTC currently, especially after the last Bitcoin Cash fork birthed a top 5 cryptocurrency out of thin air, earning investors mountains of free money.
It’s clear that the hope and expectation for this hard fork is relatively the same, as Bitcoins rally comes during an otherwise greatly reduced market. Bitcoin is on fire, and altcoins are on sale.


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October 12, 2017, 09:39:42 AM
 #2

will this fork play out as free money as usually when bitcoins are kept in exchanges or is it specifically for bitcoins in wallets one possess it's private keys.
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October 12, 2017, 09:49:17 AM
 #3

This is due to the fork and might bitcoins would ever reach for his all time, But we just expect for another boost to be happen and hardfork is one of the main reason for this one. so let's stay our feet on the ground since we might gonna witness a great evolution of the price of Bitcoins. And holding is the best thing we can do to join for these current good flow.
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October 12, 2017, 09:59:09 AM
 #4

well i guess the upcoming fork play a big role in the recent pump of bitcoin price. Many people are now buying bitcoins and HODLing it to get stake for bitcoin gold. I am expecting it to become 6000 dollar before the the year end or it will be sooner.

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October 12, 2017, 10:02:31 AM
 #5

Well, hopefully bitcoin price will continue to rise, bitcoin price today already target $5100 what more we will expet on next year? Unless there would happen again that will affect bitcoin price but hopefully there would be no split will happen on next fork.
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October 12, 2017, 10:05:20 AM
 #6

Once again a new ATH is added to the history of bitcoin. By the upcoming days this will continue to change as the price seems to be in a position to grow further. As the fork is getting close, we might be ready to face any sort of moves, price might move upwards as majority users support growth as the panic around the community is found less than the past.

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October 12, 2017, 10:09:11 AM
 #7

Expect loads more FUD from Dimon and friends and bubble comments from media.
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October 12, 2017, 12:11:04 PM
 #8

Well, hopefully bitcoin price will continue to rise, bitcoin price today already target $5100 what more we will expet on next year? Unless there would happen again that will affect bitcoin price but hopefully there would be no split will happen on next fork.
And hopefully it wasn't just a bubble , but more to a stable on the higher rates.
Really unexpected , i have made a prediction that the value of bitcoin will only increased to $5,000 next year.
But the market says different , lookslike we have a lot of new big whales coming to digital asset such as bitcoin.
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October 12, 2017, 12:16:45 PM
 #9

Well, hopefully bitcoin price will continue to rise, bitcoin price today already target $5100 what more we will expet on next year? Unless there would happen again that will affect bitcoin price but hopefully there would be no split will happen on next fork.
And hopefully it wasn't just a bubble , but more to a stable on the higher rates.
Really unexpected , i have made a prediction that the value of bitcoin will only increased to $5,000 next year.
But the market says different , lookslike we have a lot of new big whales coming to digital asset such as bitcoin.

Just wait what will be the output after the fork. No doubt price increase today is somehow due to the interest of people to have shares of BCG which can be considered as free money. The real price increase must be without any reason other than strong demand.

But what's good here is, if correction price will established around $5,000, it's a good starting point for another trip to the moon. Can't imagined how far this will goes once BCG small hype will be over.

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October 12, 2017, 12:59:04 PM
 #10

Well, hopefully bitcoin price will continue to rise, bitcoin price today already target $5100 what more we will expet on next year? Unless there would happen again that will affect bitcoin price but hopefully there would be no split will happen on next fork.

Bitcoin Cash did not have a negative effect on Bitcoin. I think the split on October 25th will have a positive impact on the price of Bitcoin. today the price of Bitcoin which is 5200 dollars can be increased up to 6 thousand dollars after split.

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October 12, 2017, 01:28:52 PM
 #11

Well, hopefully bitcoin price will continue to rise, bitcoin price today already target $5100 what more we will expet on next year? Unless there would happen again that will affect bitcoin price but hopefully there would be no split will happen on next fork.
And hopefully it wasn't just a bubble , but more to a stable on the higher rates.
Really unexpected , i have made a prediction that the value of bitcoin will only increased to $5,000 next year.
But the market says different , lookslike we have a lot of new big whales coming to digital asset such as bitcoin.

Just wait what will be the output after the fork. No doubt price increase today is somehow due to the interest of people to have shares of BCG which can be considered as free money. The real price increase must be without any reason other than strong demand.

But what's good here is, if correction price will established around $5,000, it's a good starting point for another trip to the moon. Can't imagined how far this will goes once BCG small hype will be over.
Yeaaa people really excited about that , crazy indeed i must say .
Too much opportunity to make money through the fork , split now split then , get the freemoney.
It is sounds like too good to be true  Roll Eyes , should we sceptical about that?
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October 12, 2017, 02:09:38 PM
 #12

Well, hopefully bitcoin price will continue to rise, bitcoin price today already target $5100 what more we will expet on next year? Unless there would happen again that will affect bitcoin price but hopefully there would be no split will happen on next fork.

Bitcoin Cash did not have a negative effect on Bitcoin. I think the split on October 25th will have a positive impact on the price of Bitcoin. today the price of Bitcoin which is 5200 dollars can be increased up to 6 thousand dollars after split.
After each split, Bitcoin prices will increase dramatically in a short time, which will increase Bitcoin prices over the next few years and may even reach $ 10,000 this year because Bitcoin is pumped a lot

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October 12, 2017, 02:26:54 PM
 #13

A little over a month ago, China tightened regulation on ICOs and cryptocurrency exchanges, crashing the price of BTC from $4,975 down to under $3,000. Now, just over a month later, we have seen a Bitcoin price rally, blowing past previous all time highs.

Many people are moving their positions from altcoins into Bitcoin in anticipation of the Bitcoin Gold hard fork that will be time-stamped on October 25th. In a fork, a group of miners decide to create a copy of the existing blockchain from a particular block, then branch off into a new blockchain thereafter, typically to implement different protocols or policies. As a result of this blockchain copying, every person who holds BItcoin in a supported wallet will receive free Bitcoin Gold at a rate of 1:1. This is a very attractive motivation to be invested in BTC currently, especially after the last Bitcoin Cash fork birthed a top 5 cryptocurrency out of thin air, earning investors mountains of free money.
It’s clear that the hope and expectation for this hard fork is relatively the same, as Bitcoins rally comes during an otherwise greatly reduced market. Bitcoin is on fire, and altcoins are on sale.

It is rising drastically and many traders are celebrating it, and there are people who have become wealthy because of Bitcoin. They silently thanked the events from china that helped them today LOL  Grin Grin Grin Grin
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October 13, 2017, 12:56:31 PM
 #14

Well, hopefully bitcoin price will continue to rise, bitcoin price today already target $5100 what more we will expet on next year? Unless there would happen again that will affect bitcoin price but hopefully there would be no split will happen on next fork.
This is what we all were expecting to happen since past few weeks. It is a wonderful good thing for all those who were holding their bitcoins since quite long. This is just the beginning of a new era of bitcoin, it will reach its maximum value by the end of this year and it will help in earning a very handsome amount of money to all those who believe in bitcoin. This is the time to celebrate.

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October 13, 2017, 01:04:02 PM
 #15

well i guess the upcoming fork play a big role in the recent pump of bitcoin price. Many people are now buying bitcoins and HODLing it to get stake for bitcoin gold. I am expecting it to become 6000 dollar before the the year end or it will be sooner.
There is no people are not going to receive free bucks from the bitcoin. Those people are falling in love with the fork of bitcoin, because they are seeing about the fact that the airdrop of the bitcoin cash already did so well.

And so they are all in competition to buy the more bitcoin as much as they can, the more bitcoin and the more bitcoin gold they will receive.

This is just like a competition to grab bitcoin gold and at the same time gives big impact to the price of the bitcoin.

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Burks
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October 13, 2017, 01:08:30 PM
 #16

Well, hopefully bitcoin price will continue to rise, bitcoin price today already target $5100 what more we will expet on next year? Unless there would happen again that will affect bitcoin price but hopefully there would be no split will happen on next fork.
This is what we all were expecting to happen since past few weeks. It is a wonderful good thing for all those who were holding their bitcoins since quite long. This is just the beginning of a new era of bitcoin, it will reach its maximum value by the end of this year and it will help in earning a very handsome amount of money to all those who believe in bitcoin. This is the time to celebrate.



I was hoped that bitcoin will reach $ 5K by the end of this month but it was happened very earlier.Still it a very happy news for all the traders and for the people who getting their salary in BTC because it will increase decent amount of income.Like yiu said the new era of bitcoin begins like bitcoin gonna reach maximum level soon in the coming year.So don't sell your bitcoin just hold it to get extra profits.
holdingkrypto
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October 13, 2017, 01:14:51 PM
 #17

Yay! I feel we will be in 10k soon.  Cool
I don't think is for the fork. I think institutional investors are entering.
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October 13, 2017, 01:41:46 PM
 #18

This craze will not be there for long . You will later see that you were just excited to see the prices of Bitcoin reach 5k USD . Like 2 years from now if you look back to your posts then you will feel that 5k was such a small amount . And this will go on and I don't feel that there is any stopping of Bitcoin

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lady Royal
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October 13, 2017, 01:43:20 PM
 #19

It is currently now at 5600$+ I think we are going to hit 6000$ thin month, Bitcoin is going to set a new high record. We are having many new investors I guess, Many new faces are coming towards Bitcoin and adopting it. I think China has no impact on the price of Bitcoins?


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Adioliver
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October 13, 2017, 01:55:23 PM
 #20

This craze will not be there for long . You will later see that you were just excited to see the prices of Bitcoin reach 5k USD . Like 2 years from now if you look back to your posts then you will feel that 5k was such a small amount . And this will go on and I don't feel that there is any stopping of Bitcoin
Exactly brother,we shouldn't be much excited for bitcoin crossing the milestone of $5000.Bitcoin has much potential hidden in it. There's much room left for Bitcoin to grow.If we take a look at the bitcoin's price a couple of years back we can see the difference.So let's just try to hold whatever bitcoins we have and are earning for a better future.
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