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Author Topic: Bitcoin hits all-time high  (Read 1530 times)
Wardtr (OP)
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October 12, 2017, 05:24:46 PM
 #1

Time to invest? Bitcoin tops the $5,000 mark
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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October 12, 2017, 05:38:43 PM
 #2

I think bitcoin will continue to grow at least until the hard fork is here. Because many people are buying bitcoin now for the dividend from bitcoin fork.
Other than that bitcoin itself have much more potential to grow by itself. Other than the transaction fee on the coin, I like everything of bitcoin and hope it will be mainstream one day.
But bitcoin is still volatile. So it will see many ups and down in the future as it did before.
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October 12, 2017, 05:40:58 PM
 #3

yup... lots of fomos will be buying bitcoin now. Will hit 6k within no time..... new support will be at 5k.
Dont make the mistake of selling your btc now
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October 12, 2017, 05:44:58 PM
 #4

Well, It's a little bit too late for investing at this point because you could've easily get it cheaper before but will definitely not hurt to accumulate more. Because as long as you are investing for the long term and the development of bitcoin looks active and promising, there is nothing to be afraid of.

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The Sceptical Chymist
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October 12, 2017, 05:46:25 PM
 #5

Anyone who buys in now is buying in at an all time high.   Same was true in 2013, and those people would have made a good return, but it's super risky.   But damn nice to see bitcoin above $5000! I'm ready to do a little dance, except I've pretty much sold everything I had.  Oh well, easy come, easy go.

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October 12, 2017, 05:51:12 PM
 #6

I will rather wait for some correction than buying at current pumped price. Already sold majority of my bitcoin and waiting with USDT in hand to buy back some cheap bitcoins and altcoin, I am quite sure market will correct little bit before moving up again. 10%+ rise in just 24 hour looks quite unhealthy.  Grin
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October 12, 2017, 05:51:22 PM
 #7

Anyone who buys in now is buying in at an all time high.   Same was true in 2013, and those people would have made a good return, but it's super risky.   But damn nice to see bitcoin above $5000! I'm ready to do a little dance, except I've pretty much sold everything I had.  Oh well, easy come, easy go.
I would like to have bought 50 bitcoins at each of the last 50 ATH's. In retrospect I would gladly have foregone buying the dips. But hindsight is great. I think we will see many more highs that will make today look small.
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October 12, 2017, 05:53:47 PM
 #8

Anyone who buys in now is buying in at an all time high.   Same was true in 2013, and those people would have made a good return, but it's super risky.   But damn nice to see bitcoin above $5000! I'm ready to do a little dance, except I've pretty much sold everything I had.  Oh well, easy come, easy go.
It doesn't matter i would still buy though 2013 ATH got broken and 2017 ATH will be too in future.Bitcoin price in 5 years will me much more then what it is today so for those who are for quick buck don't buy it but people like me looking to invest long term shouln't be worried.  Smiley

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October 12, 2017, 05:53:54 PM
 #9

Time to invest? Bitcoin tops the $5,000 mark

Really great even I noticed that in CoinDesk bro. Value bumps today almost 400$ USD but the value may bump 200 or more tomorrow also I think sicne we getting adoption from the corporates.
If you bought bitcoin in 4.6 k also now the investors can find the profit more now by looking the price.
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October 12, 2017, 05:55:49 PM
 #10

If you wanna invest in anything, invest in the alts. Bitcoin cannot do what most alts can do, it simply isn't built for that. The alts are super cheap right now, when bitcoin drops back down (because it WILL drop back down), the alts will go back up, at which point you can sell some of them and hold some bitcoin for a while until the next rise, rinse and repeat

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October 12, 2017, 06:06:59 PM
 #11

Is never a bad moment to buy bitcoin. Just hold long term

BUY / SELL bitcoins  --->  https://bit2me.com/?r=ryOV8xZNb
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October 12, 2017, 06:16:38 PM
 #12

the bitcoin increase in price is undisputedly  a positive sign and also in the right direction. i think its a welcomed development

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October 12, 2017, 06:17:08 PM
 #13

$ 5000 is exceeded. what else are we waiting for? the end of this year is in the sure will move in the range of $ 10000. we should add supply of bitcoin from now on, as this will continue to grow until the end of the year breaks out at $ 10000.
loud forks november is coming and we have to prepare our bitcoin, so we have the advantage of free coin split
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October 12, 2017, 06:20:49 PM
 #14

Time to invest? Bitcoin tops the $5,000 mark
In short trading? No its not the best time to buy bitcoin on its peak price or hyped price knowing that the cause of such increase because on the upcoming bitcoin gold event but if you do buy bitcoins for the sake of free bitcoin gold then its still possible but would be somehow risky if you wont able to get out on the high price because I do really have a doubt that the price will surely dip again once bitcoin gold have been accumulated by its users but if we do talk for long term then anytime would be a best buy considering price is still young.

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October 12, 2017, 06:28:21 PM
 #15

I consider myself as a longtime holder , i bought everything i want to hold long term but just still i did not buy bitcoin and i started to be so mad at myself i hope i can buy before it goes to 10k.

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October 12, 2017, 06:31:27 PM
 #16

I think this 5k mark is just the start, it can reach 6k in the next few weeks until the fork. Is it the best time to invest? Maybe, only you can answer that. I mean it is not the best time as you will be buying high not unless you are planning to sell it right after you gain profit from it. In short this is just short trades you are doing but if you plan on buying then holding i think you will be at a disadvantage not unless you are very willing to risk you money and wait until price reach more than 10k with thes you just doubled you profit. If you want to cash in you better do it now.
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October 12, 2017, 06:34:41 PM
 #17

Bitcoin >  usd
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October 12, 2017, 06:35:33 PM
 #18

Time to invest? Bitcoin tops the $5,000 mark
In short trading? No its not the best time to buy bitcoin on its peak price or hyped price knowing that the cause of such increase because on the upcoming bitcoin gold event but if you do buy bitcoins for the sake of free bitcoin gold then its still possible but would be somehow risky if you wont able to get out on the high price because I do really have a doubt that the price will surely dip again once bitcoin gold have been accumulated by its users but if we do talk for long term then anytime would be a best buy considering price is still young.
Bitcoin is rising and alts are going down, as most of the people are selling alts to buy bitcoin, such high demand causes the price increase. If the people (were holding alts before) will realize the extra bitcoin gold after the fork, they will start to sell bitcoin to buy back alts, so price will decrease a bit. For long term holders it's not a problem, but if somebody wants to buy the very first bitcoin, maybe this is not the perfect timing...
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October 12, 2017, 06:49:05 PM
 #19

It depends if you want to invest long-term and wait for future growth or want quick profit. Price may fluctuate,as usual, so perhaps best to try to catch a dip.
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October 12, 2017, 06:59:52 PM
 #20

Bitcoin is on the rise because of the scam bitcoingold. In reddit they have found their scam and show all the evidence related to that. In the link below you can read it in full detail. I’m sharing this because people have to know what’s going on.

https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

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