BTC passes $5,000 USD milestone

[jerrison]

with the pace at which bitcoin price is going, i see it get to 10000 before first quater of 2018. i just wish i can get to keep more

[IanRidgwell]

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

Wow that’s sounds really good I know people are getting really excited about bitcoin new price and reaches to $5,800 and that a lot of people dream and now the day come and the dream become true but we need to be mature and hold our bitcoin because the price of bitcoin will rise again after October fork I means releasing of bitcoin gold this will change a lot of life.

[Trivelius]

I think it has to do with the upcoming fork, you will get bitcoin gold and also a possible fork in November.

That is really amazing and I am so happy after hearing that news that bitcoin is able to reach $5,000 and those people who hold up their bitcoins will be very excited and I know many of people will sell their bitcoins to get money and sell this bitcoin on a high price but we don’t need to be so greedy my point is to hold our btc to make real money after some time because price of bitcoins is going to rise again and this will be a miracle.

[iamlds08]

we must take note that china and south korea are in ico ban and planning to regulate the ico and exchanges but BTC stand firm and hit its all time high again. amidst of the negative comments of jamie dimon and other pro usd and stockmarket calling bitcoin a bubble.

[pungopete468]

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

Wow that’s sounds really good I know people are getting really excited about bitcoin new price and reaches to $5,800 and that a lot of people dream and now the day come and the dream become true but we need to be mature and hold our bitcoin because the price of bitcoin will rise again after October fork I means releasing of bitcoin gold this will change a lot of life.

Yeah the best thing is to hold our bitcoins for next couple of months as price can touch even $10k at the end of the year as every one was expecting that price will be $5k at the end of the year but we reached there pretty soon so the next milestone should be to achieve $10k which is surely possible by the end of the year so if you want to make best profits then better to hold your coins.

[cexylikepie]

I think it has to do with the upcoming fork, you will get bitcoin gold and also a possible fork in November.

That is really amazing and I am so happy after hearing that news that bitcoin is able to reach $5,000 and those people who hold up their bitcoins will be very excited and I know many of people will sell their bitcoins to get money and sell this bitcoin on a high price but we don’t need to be so greedy my point is to hold our btc to make real money after some time because price of bitcoins is going to rise again and this will be a miracle.

It is not a miracle, it is normal when the demand always increase more on the market. You have to remember the price of Bitcoin will decrease or increase by the demand of investors. If Bitcoin has not them, even it never has value.

[ioannis]

ONE BTC EQUALS $500000 IN THE NEXT THREE YEARS.IT ALREADY COSTS ABOVE A $1000 TO MINE A SINGLE BITCOIN BTC

[Burks]

I think it has to do with the upcoming fork, you will get bitcoin gold and also a possible fork in November.

That is really amazing and I am so happy after hearing that news that bitcoin is able to reach $5,000 and those people who hold up their bitcoins will be very excited and I know many of people will sell their bitcoins to get money and sell this bitcoin on a high price but we don’t need to be so greedy my point is to hold our btc to make real money after some time because price of bitcoins is going to rise again and this will be a miracle.

It is not a miracle, it is normal when the demand always increase more on the market. You have to remember the price of Bitcoin will decrease or increase by the demand of investors. If Bitcoin has not them, even it never has value.

We can't say the price will always increase sometimes it also decrease too it is mainly based on the demand of bitcoin.I think nowadays more people started to invest on bitcoin that's why the price keeps increasing.

[qwertyup23]

I think it has to do with the upcoming fork, you will get bitcoin gold and also a possible fork in November.

That is really amazing and I am so happy after hearing that news that bitcoin is able to reach $5,000 and those people who hold up their bitcoins will be very excited and I know many of people will sell their bitcoins to get money and sell this bitcoin on a high price but we don’t need to be so greedy my point is to hold our btc to make real money after some time because price of bitcoins is going to rise again and this will be a miracle.

It is not a miracle, it is normal when the demand always increase more on the market. You have to remember the price of Bitcoin will decrease or increase by the demand of investors. If Bitcoin has not them, even it never has value.

We can't say the price will always increase sometimes it also decrease too it is mainly based on the demand of bitcoin.I think nowadays more people started to invest on bitcoin that's why the price keeps increasing.

Yesterday, the bitcoin's price reached up to $5800 and right now, it has been on the $5400-$5500 area. You are definitely right about what keeps its price growing. Since there are people who invest into bitcoin daily, its price continues to rise especially when considering other external factors as well like the acceptance of bitcoin over some countries, new investors daily, and rising of retailers that accept it as payment. Its price might even reach the $6000 mark by the end of the year if this continues on. Be reminded also that despite the increases, there is always the potential of the price decreasing without notice so take caution in every news.

[n0ne]

I think it has to do with the upcoming fork, you will get bitcoin gold and also a possible fork in November.

That is really amazing and I am so happy after hearing that news that bitcoin is able to reach $5,000 and those people who hold up their bitcoins will be very excited and I know many of people will sell their bitcoins to get money and sell this bitcoin on a high price but we don’t need to be so greedy my point is to hold our btc to make real money after some time because price of bitcoins is going to rise again and this will be a miracle.

It is not a miracle, it is normal when the demand always increase more on the market. You have to remember the price of Bitcoin will decrease or increase by the demand of investors. If Bitcoin has not them, even it never has value.

We can't say the price will always increase sometimes it also decrease too it is mainly based on the demand of bitcoin.I think nowadays more people started to invest on bitcoin that's why the price keeps increasing.

Yes, the same can't be expected throughout. Fluctuations happen in between and it's our responsibility to keep the trust and keep holding or make use of it. $5000 milestone has been reached and soon the next barrier of $6000 will be reached as the price at present seems sustained within limited range.

[Clairvoyance]

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

They pushed the price before the fork becuase it is the only way to have a good pricing by then. If the fork does give bitcoin a hard time the correction might only be around $5000-5400 and that is a great price to begin with.

[aysg76]

I think it has to do with the upcoming fork, you will get bitcoin gold and also a possible fork in November.

That is really amazing and I am so happy after hearing that news that bitcoin is able to reach $5,000 and those people who hold up their bitcoins will be very excited and I know many of people will sell their bitcoins to get money and sell this bitcoin on a high price but we don’t need to be so greedy my point is to hold our btc to make real money after some time because price of bitcoins is going to rise again and this will be a miracle.

It is not a miracle, it is normal when the demand always increase more on the market. You have to remember the price of Bitcoin will decrease or increase by the demand of investors. If Bitcoin has not them, even it never has value.

We can't say the price will always increase sometimes it also decrease too it is mainly based on the demand of bitcoin.I think nowadays more people started to invest on bitcoin that's why the price keeps increasing.

Yeah, the price of bitcoin is often fluctuating, depending upon the ongoing people's demand. Since being getting quite popular among people, everyone attempts to make an investment in it thereby by making its price too high. The price now above 5500$ and still keeps on growing as it is about to hit 6000$ mark and that's due to its global acceptance...

[Omega Weapon]

Bitcoins have already passed the 5,000 $ theory but it's just a hyip. Because people are buying bitcoins to have this free BTG (Bitcoin Gold). And once hardfork is over, I'm sure that the bitcoins will fall and return again at a price of 4,500 to 4,800 $. Before it was raised naturally. So get ready for panic selling after hardfork

Why will people panic and sell their bitcoin when after the hard fork in October we are going to get another fork in November? If anything the enthusiasm to get bitcoin is going to get even larger, especially since the support for the fork agreed in the NYA seems to be way greater than the support that bitcoin gold has and to me that is a signal the prices probably are going to grow even more in the next months.

[Reatim]

Bitcoins have already passed the 5,000 $ theory but it's just a hyip. Because people are buying bitcoins to have this free BTG (Bitcoin Gold). And once hardfork is over, I'm sure that the bitcoins will fall and return again at a price of 4,500 to 4,800 $. Before it was raised naturally. So get ready for panic selling after hardfork

Why will people panic and sell their bitcoin when after the hard fork in October we are going to get another fork in November? If anything the enthusiasm to get bitcoin is going to get even larger, especially since the support for the fork agreed in the NYA seems to be way greater than the support that bitcoin gold has and to me that is a signal the prices probably are going to grow even more in the next months.

I don't think that people will panic as well. Or if they are buying bitcoin to get this free money, they would just dump that bitcoin gold and stick to bitcoin again. So bitcoin will not go down that fast on the contrary may just mode sideway as we have seen during the Aug 1 split, specially after everything has settled down. And the November fork is next, so expect the price to go down even further without any significant dump.

[senne]

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

There is not one theory but many factors that helped in crossing Bitcoin $5,000 and one of such important factor was the coming of hardfork. Due to which many people are investing in Bitcoin, so that they get free Bitcoin Gold. Moreover crossing $5,000 shows the rise in popularity of Bitcoin among people and more and more people are coming towards it. Also, whenever Bitcoin touches new heights it creates Buzz in the environment, hence attracting more user. Also, Bitcoin does not seems to stop here and one can expect to touch $8,000 by the end of this year.

[EEE14]

I was waiting for this day. Bitcoin prices reached the highest.More prices will increase this week.In the year, Bitcoin will be worth $11000 and I will fulfill all my dreams.

[Omega Weapon]

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

Its really a big day for Bitcoin and its lovers to reach this target. We were expecting this to happen a little later, but it came quite soon, and as it seems, the price might end up reaching $7k by the end of this year, if it continues like this. I just sold some of my coins yesterday when the price was around $5.1k, and today it is $5.6k and now i regret why i didn't wait for one more day, and i could have more money right now but these things will always keep happening. We sell now, we feel sorry for ourselves later, as the price will always keep going higher, eventually.

It was a big day and a very important milestone, we are at the middle of the next milestone reaching 10k, it took many years for bitcoin to reach 5k but it is possible it only takes bitcoin a year or two to grow another 5k and reach 10k that is important because it is going to be a signal that the growth is accelerating and that is possible we are going to see major adoption in 10 years or more.

[TravelMug]

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

Its really a big day for Bitcoin and its lovers to reach this target. We were expecting this to happen a little later, but it came quite soon, and as it seems, the price might end up reaching $7k by the end of this year, if it continues like this. I just sold some of my coins yesterday when the price was around $5.1k, and today it is $5.6k and now i regret why i didn't wait for one more day, and i could have more money right now but these things will always keep happening. We sell now, we feel sorry for ourselves later, as the price will always keep going higher, eventually.

It was a big day and a very important milestone, we are at the middle of the next milestone reaching 10k, it took many years for bitcoin to reach 5k but it is possible it only takes bitcoin a year or two to grow another 5k and reach 10k that is important because it is going to be a signal that the growth is accelerating and that is possible we are going to see major adoption in 10 years or more.

And it span of 3 days only, bitcoin pass from $5000-$6100++ now. Its really really an amazing market run that we are seeing. Now people are speculating about the next goal which is $10000. I really don't know if it will needed another year to grow to that price. Bitcoin has already far reaching effect now. Almost all of the countries around the world is into bitcoin today, so the likelihood of a $10000 could be achievable in short span of time. Maybe mid year 2018 we are all raving and taking about bitcoin getting into that 5 digits already. So its really best for us to have patience and really hold on our bitcoin today because in no time we can see our money doubled in just 6 months or less.