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Author Topic: Bitcoin at all time high $6000  (Read 1577 times)
Tomjames
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October 20, 2017, 10:17:03 PM
#1

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink
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October 21, 2017, 01:57:10 AM
#2

Hi TomJames.

Yes that is very good news.
Saying $5200 is too expensive makes no sense if there is no serious analysis behind. Remind me a friend of mine who knows nothing about Bitcoin, two months ago said to me "it won't go above 5k anyway", and here we are.
What some people don't understand is that 5200 or 6000 are just numbers, they mean everything and nothing at the same time, what matters is capitalization, demand for bitcoin and nothing else. Will the demand for Bitcoin decrease in the future? Ask yourself this question and decide what to do!
To answer your question: there could be some small correction, it could get lower to 5k5 again or finish the year at 7k, for me this does not really mean anything since my target is for year 2020 or so.
Good luck to you and enjoy the ride Smiley

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lumeire
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October 21, 2017, 03:02:54 AM
#3

Honestly it is too expensive to buy at this point. The rocket has flown and is at the moon already.

margarete11
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October 21, 2017, 03:07:03 AM
#4

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink
A good news for all of us holders I think it will continue to rise every other bitcoin fork , many people wants free coins so they actually panic buying this days  to have some free bitcoin Gold .

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October 21, 2017, 08:11:21 AM
#5

what price will close this year at ?
it's all depend on the pump,we need to know what is our peak right now.
i am waiting for a correction in a few days later on and if we're closing at $6000 or even more.
i believe in the end of this year we should see the price closing near that top.
but for now i can not estimate it,because Bitcoin price will be pumped or in bullrun right now.
it's very unpredictable lately.
if everything is good,we should see it more than $5000 even though in a few weeks later we should see a flash crash.

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October 21, 2017, 08:23:08 AM
#6

Hi TomJames.

Yes that is very good news.
Saying $5200 is too expensive makes no sense if there is no serious analysis behind. Remind me a friend of mine who knows nothing about Bitcoin, two months ago said to me "it won't go above 5k anyway", and here we are.
What some people don't understand is that 5200 or 6000 are just numbers, they mean everything and nothing at the same time, what matters is capitalization, demand for bitcoin and nothing else. Will the demand for Bitcoin decrease in the future? Ask yourself this question and decide what to do!
To answer your question: there could be some small correction, it could get lower to 5k5 again or finish the year at 7k, for me this does not really mean anything since my target is for year 2020 or so.
Good luck to you and enjoy the ride Smiley

This is a very well said explanatio when asking when you should sell. Right now, people are talking about price and really analyzing. But one thing to remember is that Bitcoin has always been volatile and sometimes people might be over analyzing the price and forgeting the main factor which is the supply. Remember the Bitcoin mining for supply is not forever. And we as investors should determine for ourselves on when do we think we should buy or sell.

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October 21, 2017, 08:32:01 AM
#7

Yeah, the demand for bitcoin is absolutely increasing more and more nowadays well in 2018 it might rise even into 7500 USD that would be awesome men. Take time to but bitcoins so that we consider them for trading in the future then it will result to a higher rate of return to us that would a smart move for us investors wouldn't you agree?

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October 21, 2017, 08:52:52 AM
#8

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink

The president of world bank is correct after all $5200 is really expensive. However, they don't know how our ecosystem works. And about a few days ago, bitcoin price dip to $5200, for us in the crypto market its a good buying point and not that expensive. And that is less than a week. So it you calculate it, buy 1 bitcoin at $5200 and then the price is getting closer to $6200 now, your money already takes almost $1000 profit for less than a week. So even you buy at that price, and for those people outside who thinks its expensive, tell them that the price is above $6000 and you already pocketed  $1000 already for buying it at a price they thinks is expensive.

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YuginKadoya
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October 21, 2017, 09:22:10 AM
#9

i would go with $7000 mark value is the most near truth price we can get this year, and because of the impending Hard Fork we can see another Decrease with the price of bitcoin but I think it will be an slight correction because I think that many users will sure hodl with their btc to sure get free coins with them, and I think my estimate fall back is with $4800 or $4500 and if the price fall back to further lower price that means there are still panic happening with some users.

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Seansky
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October 21, 2017, 09:26:50 AM
#10

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink
Probably market won't be closing at higher price since the rocket has flown to the moon already. Bitcoin price will probably sit at 5500$ considering that there will be a hardfork soon this month and might contribute to the dumping prowess. People might want to sell some bitcoin after selling or getting some free bitcoin gold. It will probably dump to sub 5200$ or lower depending on market movements by that time. I might be wrong after all, this is just a speculation.
Dalmar
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October 21, 2017, 09:46:39 AM
#11

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink

6000$ level can be potential support line.After fork price will decide where it wanna to head and everything will be clear after this date. As traders we need high prices to sell and low prices to buy back  Wink

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October 21, 2017, 09:48:29 AM
#12

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink

i came to bitcoin too later 6,000$ is so high to hold bitcoin and wait till rise and make good income  Cry Cry Cry
anonyme69
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October 21, 2017, 10:00:56 AM
#13


always when i try to buy BTC i say price is too expensive but found next day price is cheap
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October 21, 2017, 10:09:52 AM
#14

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink

It's too expensive for them but I guess they took the chance of buying it because that's probably the dip for this year. As we are now in the new ATH record of $6,000.

I thought that $6,000 will happen on December but it's quite early to see it and the hard fork isn't yet to come so there's a lot of thing that can happen anytime from now on.

$8,000 - $10,000 is possible for this year before it ends.

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October 21, 2017, 10:15:07 AM
#15

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink
Lol!!! How can you trust this vampire? Before you say anything about bitcoin let him explain how it happened that the Fiat is useless. The fact that this happened there is his fault. Their mistake is that they consider bitcoin terms familiar to them Fiat. They do not realize that bitcoin is the new version of money and it is not subject to the usual laws.

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October 21, 2017, 10:22:33 AM
#16

Yes I think bitcoin price will last a long time not far from $6000 for the moments, but me personally less can be sure the price is not far away at $ 6000 this will last until this year ends, if I have to guessing.. yeah it's can be possible like that could be.

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October 21, 2017, 10:29:49 AM
#17

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink

Never mind what the world bank president says, most of these statements are designed to drive the price down.The important thing is what holders think and do with their coins, if there is a dump, the price goes down, if they hoard it, it increases. Its all abut demand and supply, and not what some guy in come bank thinks.
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October 21, 2017, 10:41:00 AM
#18

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink

Never mind what the world bank president says, most of these statements are designed to drive the price down.The important thing is what holders think and do with their coins, if there is a dump, the price goes down, if they hoard it, it increases. Its all abut demand and supply, and not what some guy in come bank thinks.

This.

I'm feeling very nervous - it's risen too fast and the rise isn't really accompanied by real world adoption, it's pure speculation. Am wondering whether to sell some coins to crystallise the gains.

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October 21, 2017, 11:10:47 AM
#19

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink
Thank God there have started to understand bitcoin and the important of blockchain technology to our economic. Bitcoin has proved that we can have a system that even government don't support can be great and control the world financial systems. I have also see that we may see bitcoin above  $10,000 before end of this year. $6,000 is great and as at the time of making this post, bitcoin was around  $6,080.

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October 21, 2017, 02:17:45 PM
#20

I'm feeling very nervous - it's risen too fast and the rise isn't really accompanied by real world adoption, it's pure speculation. Am wondering whether to sell some coins to crystallise the gains.

It is actually adoption picking up, but there will always be a certain level of speculation that's baked into the market. I too believe that the market is overbought, but that's an impression I had when we went through the $4000 level already. Nothing wrong with liquidating some of your profits - I have done that just above the $6000 level today, and will liquidate some more very close to the $7000 level (if we do happen to reach there any time soon). I always do that in small quantities of 5-10% per time. If the price happens to go up, I will continue to benefit with enough coins in my trading stash. If the price tanks in the coming days/weeks, I benefit by buying back at discount rates. Smiley

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