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tam31
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October 12, 2017, 06:03:25 PM |
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Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?
Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day
Yes i very happy to this price of bitcoin. I always used to think bitcoin price when will over 5k USD. Really i am very exciting to this price. I think bitcoin price also increase next week. When it's price (10k-13k) USD i buy a house. Lmao, 10k-13k USD for 1 bitcoin ? That is huge dude and I don't even think it will reach $10k in the next year. But i'm still happy for today, the price of bitcoin finally surpass $5,000 right now, actually I also don't know why the bitcoin price suddenly increase so high though. You are still joking about the price ? This is real mate. Bitcoin is going to 50k dollars in the future i would if i was you collect every bitcoin you can get. I am doing this a year now. The price is rising up, mostly because of the support it gets. Every day more and more people use bitcoin. Even some shops accept bitcoin now as payment. |
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shafi alam
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October 12, 2017, 06:08:44 PM |
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this pump for upcoming frok, Everyone wants to hold those bitcoin for getting new coin. that's why price lavel going up.
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lokpalnaik
Jr. Member
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Activity: 46
Merit: 10
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October 12, 2017, 06:13:35 PM |
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Yes, Its a happy moment for all that Bitcoin price is crossing 5000 USD. Bitcoin is getting popular. indicating that more people are getting involved into this. transaction ratio is also increasing. As it is predicted earlier the price will surely touch the mark of 8000USD by this year end.
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mahibul49
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October 12, 2017, 06:13:44 PM |
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yes its good news for us.we will see more investment in altcoin bcz of this milestone
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buzness-game
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October 12, 2017, 06:22:20 PM |
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To the moon now  . 5260$ When SegWit2x start? |
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xFiber
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October 12, 2017, 06:28:09 PM |
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It seems there are many people buying bitcoin at the moment, and this action pushes the bitcoin price to another record high, one of the reason might be because of the upcoming hard fork that will gives every bitcoin owner free bitcoin gold. It is a good deal since everyone will be getting free money by owning bitcoins in their cold wallet.
I actually didn't expect that we'd break through the 5000 resistance level this soon. I expected some sort of upward movement before the fork would happen but I never imagined it to break through the strong 5000 resistance level yet. Seemingly after all that I've seen with bitcoin, I keep underestimating what the bitcoin bull is capable of. |
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lite
Legendary
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Activity: 1400
Merit: 1009
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October 12, 2017, 06:34:10 PM |
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Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?
Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day
It is indeed the new ATH now which is really great to see that bitcoin did able to break that 5k usd barrier but i would say it wont really hold up for too long because the price have just been hyped up because on the upcoming fork which most people do buy more bitcoin for the hopes of getting a free bitcoingold. I don't understand why buy bitcoin just for forked coin? can't one buy on the market when bgold or whatever is listed for cheap? i think it's completely a different reason for bitcoin price rise, not sure what is it! |
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ssuchy
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October 12, 2017, 07:24:28 PM |
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Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?
Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day
It is indeed the new ATH now which is really great to see that bitcoin did able to break that 5k usd barrier but i would say it wont really hold up for too long because the price have just been hyped up because on the upcoming fork which most people do buy more bitcoin for the hopes of getting a free bitcoingold. I don't understand why buy bitcoin just for forked coin? can't one buy on the market when bgold or whatever is listed for cheap? i think it's completely a different reason for bitcoin price rise, not sure what is it! I think that today's situation is very similar and similar to the time when there was another last fork. Today we are again having dinner for the bifurcation of Bitcoin and I do not know how this will affect pricing. But that nemesis as before Bitcoin rises up and reaches the next maximum today. |
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The Sceptical Chymist
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October 12, 2017, 07:27:29 PM |
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I swear the spike is due to that guy who sold everything he had to buy bitcoin, his kid's toys and all.
You know, there were people going all in on gold and silver back in 2011, just saying. $5000 is great, but all time highs make me nervous as hell. Don't know if I'd be buying right now, especially with no way to analyze crypto other than knowing that sentiment is extremely bullish. Man, this market is insane.
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djselery
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October 12, 2017, 07:31:35 PM |
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Now its already 5300$ almost and keep rising. That's a very high level and the price recently is increasing fastly, so I think we can start buying more Bitcoins even now, despite the high price, because it will be more expensive in the future.
Now we are looking to the $10k milestone, and I think BTC will reach this price after few months, if price keep going up.
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macartem
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October 12, 2017, 07:33:34 PM |
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Bitcoin is very crazy, 5300$ is impossible, I'm already very curious what will happen 25.10 when will be released bitcoin gold
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AverageGlabella
Legendary
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Activity: 1232
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October 12, 2017, 07:34:23 PM |
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Still holding at 5,292 right now. I think just before the fork we might see it reach 6,000 maybe. It's fell a little in the past 2 hours but not that much considering the extremely quick spike
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mriansa
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October 12, 2017, 07:36:02 PM |
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this is not a theory but only logic alone, bitcoin price increase is caused by bitcoin hardfork for the umpteenth time of the year, bitcoin hardfork ever done last month that produces a new coin called bitcoin cash (BCH) and for those who have bitcoin balance it will get coin from hardfork results for free, this is what causes bitcoin prices to rise, some people do not want to miss this good moment to get a new coin for free. hardfork bitcoin I heard will be held on 28 October.
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AverageGlabella
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October 12, 2017, 07:37:36 PM |
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Bitcoin is very crazy, 5300$ is impossible, I'm already very curious what will happen 25.10 when will be released bitcoin gold
It's very likely we'll see bitcoin lose value after the fork and a lot of people looking to sell their free bitcoin gold. I don't think bitoin gold will be succssful and think it will not be worth much at the time of launch. After all the madness dies I think bitcoin will slowly climb to around the 5500 mark. |
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Youghoor
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October 12, 2017, 07:42:22 PM |
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Yes i saw it on the morning and i was so impressed about it, but how much can it last? when there is a huge pump, i am so anxius and i want to see it constantly going up, maybe we can see the price at $5800 by next week, or maybe a little bit more.. but i am happy with atm price, it is very high right now, more than what i expected one year ago.
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Gameflip ICO
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October 12, 2017, 08:34:57 PM |
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I think it will reach 7000 $ till the end of the year.
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ManavKalyan
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Freedom
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October 12, 2017, 08:38:29 PM |
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Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?
Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day
I don't know if it is the upcoming fork.. I think its more to do with Governments acknowledging cryptocurrencies ... It gaining more and more adoption .. I think that is the real reason why and more user influx... |
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khan149
Copper Member
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October 12, 2017, 08:39:29 PM |
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I am very happy to see the price of Bitcoin.I am hopeful that in one week Bitcoin will be worth $6000.I believe Bitcoin will change my life and changing the world
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No Checks, Czechs Welcome
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October 12, 2017, 08:43:15 PM |
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I am very happy to see the price of Bitcoin.I am hopeful that in one week Bitcoin will be worth $6000.I believe Bitcoin will change my life and changing the world
1 week? Very much doubt that since the hard fork will only be a few days away by then. I expect it to dibble and dabble around its current value until then |
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atjiat
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October 12, 2017, 08:44:27 PM |
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I am very happy to see the price of Bitcoin.I am hopeful that in one week Bitcoin will be worth $6000.I believe Bitcoin will change my life and changing the world
I still can not understand how Bitcoin can change the world. The fact is that the personal life of each person can not change too, because only a limited community of people use crypto currency. It seems to me that it is universal use of crypto currency is out of the question. |
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