BTC passes $5,000 USD milestone

[ohlawdy]

Looks like a lot of people are holding btc for the fork. Altcoins way down en btc keeps going up.

[annbagira]

Hello author! It's funny but you are ready to any scenario with bitcoin price? Yes it is great news for those who buying with low price and sell with higher price but you never will know how to react and what will be next step even if it will be 7000$ it can shake all market very hard and not all people are ready to accept it right now. So it can rise and 7000 up and maybe 12.000 but it will be hard game and as usual only few winners )

[pitiflin]

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

Just like most people would have told you,that the price has been increasing from the past couple of weeks because of the upcoming fork which will avail free money in people's wallets in the form of bitcoin gold,and people are just going more than crazy about it,yeah you're getting free money,agreed but not like addicted stuff. They are behaving like as if they haven't seen money before,common people you gotta chill and netflix . Anyhow prices are increasing and I am not complaining.

[Valentina N]

Hello bitcoin talk! I am happy for this people who win some money with this price!) I am sure its not limit and it can be more even than 25.00 of course this is not normal price but it will be funny game with only not a lot amounts of winners.

[Argoo]

Today bitkoin stepped over the mark of 5 400 dollars. He did not reach such heights yet. And it grows on the eyes. Perhaps the demand for it has risen because of the forthcoming fork on October 25, when it should be split up into another Bitcoin Gold coin? Everyone wants to get a free coin, which, the weaver is expected, will cost at least $ 500. Then such an excitement should last until October 25. Probably, then its rate will go down, as long as it stabilizes. However, I think that he will remain quite on high level. I think, below 5 000 dollars it already will not fall.

[nejibens]

Yes, the actual price is above 5300$ which is amazing.

I think the Bitcoin will continue rising even more in the next months, and maybe it will reach the 10000$ milestone before the end of this year.

[patt0]

It could be due to many reasons. It could be because people are getting BTC in order to get more bgold after the fork. The BCH fork was quite profitable, so maybe they are expecting to do it again. It could also be because of the rumors that China will remove the suspension from exchanges. Finally it could just be because there were no bad news recently, apart from the usual, so the price is following its normal course and is only being affected by supply and demand. Users are getting more confidant, because nothing bad is happening to BTC, so they buy more and the price increases.

[cryptoquality]

It struggled bit on the way around 4K USD up and down but it did passed that milestone. now next one is 10K

[cryptomato]

I remember when I said it will be passing 5000usd soon to my friends a year ago, they were looking at me like I'm mad, finally here we are

[ioannis]

10k by xmas or newyears. john Mcafee predicts it 500k in next 3years

[Zenithar]

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

It can be i mile  stone for very people but for me its nothing because in my opinion i can see that bit coin will touch 10000 usd in near future and this is the very initial miles stone the main and big mile stone will be 10 thousand usd per bit coin. I remember when it was trading at the rate of usd 400 and when it crossed the 1000 limit it was also called miles stone at that time.

[Gameroid]

Hello bitcoin talk! I am happy for this people who win some money with this price!) I am sure its not limit and it can be more even than 25.00 of course this is not normal price but it will be funny game with only not a lot amounts of winners.

I think it is not only great but it is very strong thread for china because After china announcement of banning the bit coin exchanges the people were expecting a very huge down fall and many have given prediction of the end of crypto currency but many people were quite sure about the bit coin position. Now as the price is over 5000 usd so those who have sold all of his bit coin at rate 3600 will now be in coma.

[skyflakes88]

this looks very promising its great!

if you would look right to the graph it shows that bitcoin performance is very clean fud after fud a nice corrections follows up before the growth this shows a very high price for bitcoin for the coming years.. invest now my friends!

[Pab]

New ATH,but if it is only becouse fork and free money on horison than it will not stay for long time
But after fork we have yet another fork to 2x,so dump than yet another pump ,next btc
So maybe some people have found golden egg,fork bitcoin,get new btc free money etc
At some point it can be to much.

[tbalazs]

I remember when I bought my first tiny bitcoin 2 years ago and I was like what if the price would double from here, but I was not trusting anything like that to happen.. Now..

[batang_bitcoin]

Any theories on what caused the sudden spike in price?

Preparing for the bitcoin gold fork on October 25.

Do you think the price will hold over the next few weeks?

Yes the price will be stable and we have now a good stable price at $5,000.

Any speculations for the future?

$10,000 will come in the near 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

Well those speculations are now really happening and I really don't think that it will happen but not for this year for the next years but this is the reality we are now up.

[de_xt]

The Bitcoin market faced huge negative events in 2017, but it overcame these negativities. It will also survive events in November. Those who do not believe that the bitcoin price will be 5,000 USD will also see that the bitcoin price will be 6,000, 7,000, or even 10,000 by 2018.

[mace15]

I remember when I bought my first tiny bitcoin 2 years ago and I was like what if the price would double from here, but I was not trusting anything like that to happen.. Now..

It's very amazing that bitcoin price come this far, price reach $5000. You're not the one experience what if we bought more btc 2 years ago, maybe we are rich today. So, lets move forward and make a new investment, the reasons I see with the price now because possible of upcoming hard fork.

[bitcoinvestor]

Cool it shows the power of bitcoin, the decentralized. Would you change your BTC to BTC Plastic ( not gold). I say not gold because the next hardfork is worth plastic. What do you think if bitcoin crash 6000 at the end of october? is it possible? Maybe some off you will be a rich people in short time. Great jump go bitcoin.

[william8829]

Congratulations all around.  We all helped Bitcoin to reach such a height.  I am very happy with the progress of Bitcoin and I am thrilled to have an ever increasing part in this technology.

I personally feel $7,250 would be the next milestone for bitcoin to reach.  I really have no guess as to when this will occur.  I hope this summer.

I consider myself an intuitive person.  My intuition tells me their will be a new watershed moment on the horizon.  What I mean by that is at some point in the near future (months)  Bitcoin will attract maybe 10x more publicity than it does now.  It will be talked about in the world news on major media outlets as headline stories.