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Author Topic: Bitcoin at all time high $6000  (Read 1368 times)
Tomjames
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October 25, 2017, 10:33:53 AM
 #61

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

Haha you're making a killing out of it ! Yesss Wink buying the rallies and "dips" Cheesy
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October 26, 2017, 05:13:39 AM
 #62

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'm expecting the price would be around $6500-7000 by the end of the year. Buy while the price is at $5500 because it will not be that low anytime if the price stabilize at $6000.

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October 26, 2017, 11:41:46 AM
 #63

Bitcoin at certain time interval records new ath and after certain time interval once again starts to fluctuate. After the fluctuations once again marks a new ath or else starts to move downwards. Today the price has come down to $5600, which is expected to increase in less time.

It's now having difficulties to reach $6,000 back again but it's good if we are on a good stable price at $5,000 - $5,500 this is just a secured price for everybody. I wonder on what will be the effect of this hard fork, the price can come up to another better future if these hard forks will be successful and will give a good feed back to the community. And I have one goal at the moment and that is to see another all time high and that will be the price of $10,000.
I hope we can see the price of Bitcoin will be $10,000 at least in next year, is not in 2017.
The growth of Bitcoin in this year really crazy, no rules, no reason but still made its price increased.
Even, I think we will see $6,000 is the all time highest price of Bitcoin for next 5 years is possible.


We are now back at $5,800 and still we are close to $6,000 so the price should be hitting that price first before seeing it go at $10,000.  This year is one of the most productive year of bitcoin nailing about 450% increase though every year has been an increase to bitcoin. But wait, you are hoping that bitcoin will be hitting $10,000 on 2018 and you are saying that $6,000 is going to be the all time high for the next 5 years? You should not think that way, 5 years is far from now and it can go more than that.

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Tomjames
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October 31, 2017, 08:46:20 AM
 #64

I think this year is likely to end up closing at around 6000-6500, I expect the price will fall slightly on the 25th but will then begin to climb again in anticipation of segwit2x.

Yesss ! Let's wait and see jimbo200  Wink
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October 31, 2017, 03:34:37 PM
 #65

I think this year is likely to end up closing at around 6000-6500, I expect the price will fall slightly on the 25th but will then begin to climb again in anticipation of segwit2x.
This month will be the determinant of how bitcoin will move in the future. Fork that happens in a few days will determine how bitcoin will continue to go or hold. if the market still trusts bitcoin then it is likely that the price will increase. but when the market is divided into 2 is the fear because of the appearance of bitcoingold then this can certainly create a negative stigma against bitcoin. some even mention that bitcoingold impact will be greater than bitcoincash. I will continue to try to calm down and hope a few days later when the market is stabilizing. because I think the same incident will happen later and in the end bitcoin price will continue to increase even though it had been held for some time.

Yess exactly , we will use a wait and see approach towards the market as we anticipate the fork
Tomjames
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October 31, 2017, 03:36:04 PM
 #66

Now all busy with their own thoughts about how to earn free bitcoin gold and therefore the price increases. It was predictable and no surprise. As for the application of segwit2x there seems to me increasingly difficult. I think that this event can make a great deal of uncertainty on this background the price of bitcoin can be significantly reduced.


Coffee135 yess ! The prices will significantly change then
Tomjames
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October 31, 2017, 03:38:21 PM
 #67

Now all busy with their own thoughts about how to earn free bitcoin gold and therefore the price increases. It was predictable and no surprise. As for the application of segwit2x there seems to me increasingly difficult. I think that this event can make a great deal of uncertainty on this background the price of bitcoin can be significantly reduced.

Yeah price can go in any direction after the fork so if you have any plan to sell your bitcoins then this is the time as price is already above $6k which can give you best profits if you sell it now and if you wait and if price crashes after the fork then you will regret for not selling at this point.


It would be better to hodl the coins for a long term investment . Bitcoin is heading for Mars and that will just be a correction unto the markets
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October 31, 2017, 03:41:21 PM
 #68

Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink
Max to Max 7000$  per coin at the end of the year. Everyone is like holy shit bitcoin is now worth 6000$ and I to be honest expected that the markets are going to crash just like last time when it hit 5000$ mark and then you see the price of bitcoin growing more, that was indeed strange, and not enough theories behind it also at the moment. Imma bit curious, and doubtful at the moment on what may be the reason.

Haha the reason is simple , bitcoin is functioning on supply and demand , the more it's wanted , the more the prices will surge higher , unlike fiat where interest rates affect prices and that's why Jamie Dimon is saying 'Bitcoin is stupid"  Grin they will never be able to manipulate the markets anymore
Tomjames
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October 31, 2017, 03:45:44 PM
 #69

Everybody may not expect this happen but the fact is it's happening.
I'm sure bitcoin will reach into max value after 25 Oct and I can see that bitcoin will start decreasing just like last BCH forking


Suree , and Markets will have to correct and then continue with the trend Smiley
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October 31, 2017, 03:51:41 PM
 #70

Do you think bitcoin price could crash before the end of the year and go back at around 4500$ because of the fork, fud or anything like that ? I mean, for different reasons, each times bitcoin reached a new peak (3000$, 5000$) the price has ended up crashing a few days later and came back 2 times stronger.

Haha that's not crushing , I mean everything that goes up must come down . That's just the basic principles of the market and in a long term view , bitcoin price will be higher in the coming years
Tomjames
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October 31, 2017, 04:02:21 PM
 #71

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

If i guess about this price that market will close in this year, then this price will be $8000, it is my finial price which i have guessed in my mind and i am sure bitcoin will be reached in it and we all get a profit from our bitcoins. That's why i am not suggest to anyone to sell your bitcoins, i have told to my friends hold your bitcoins till the last month of the year.     

Haha great idea ! Tell your friends to buy more , we are headed for Mars  Wink
Tomjames
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October 31, 2017, 04:03:57 PM
 #72

This is just an beginning and bitcoin has lot to offer us in near future so even if price goes down in coming days hold your bitcoins tight and have faith in it as in long term you will only make good profits from it and bitcoin is an license for all of us to become rich in future.


You've elaborated it very well Collider  Wink
Tomjames
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October 31, 2017, 04:07:01 PM
 #73

I think this year is likely to end up closing at around 6000-6500, I expect the price will fall slightly on the 25th but will then begin to climb again in anticipation of segwit2x.

We can still see better price, there's a lot of space for bitcoin to increase until the end of the year. I guess we'll see the same scenario that the price of bitcoin pumped on the first week of January. And I don't see anything on this year end but I'm focusing more on speculative ideas on January 2018 because that's the time that everyone will be back on bitcoin, mostly after the vacation days.


Yesss , there will be less volatility as people will be much occupied but after the New Years markets will be back to normals
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October 31, 2017, 04:09:25 PM
 #74

Bitcoin hitting $6000 is not a surprise. After the first fork, I understood fully then that this coin will be going places it terms of price. Expect it to hit $10 very soon. I suspect that by January, it will happen.
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October 31, 2017, 04:09:41 PM
 #75

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

We are headed for Mars ! Cheesy
we are now seeing how whales wanted to dive down as the current value fell and its continuously doing it, we cant say whether it will hold and bounce back much stronger but until tomorrow we will see if value will fluctuate either up or down, but for serious investors its okay as we are really looking forward to see the value reaching 10k$.

Exactly ! And for serious investors , this is a long term investment vehicle for them
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October 31, 2017, 04:11:59 PM
 #76

Compared to the past few days today the price has gone low to $5700. Sometimes the same continues long taking the price fall lower than $5000. If such situations arise, user needs to be strong enough to hold back what we have in our btc wallets rather than tending to sell on fearing the chances of bitcoin going low in value.

Most users that will sell are newbies and ones that do not understand the power of blockchain and bitcoin bitcoin very well
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October 31, 2017, 04:20:50 PM
 #77

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
but in fact buying the current bitcoin at $ 5200 is no longer expensive. because at this time bitcoin has started reaching $ 6500 so I think it is a mistake to consider buying at that time including expensive.

Tomjames
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October 31, 2017, 04:27:04 PM
 #78

Let's wait for the BitGold hard fork and see how the market will react then

What's the point of waiting? BG's snapshot of Bitcoin's blockchain has already happened, which means that people are free to sell their Bitcoins (if they bought them just for that purpose). Looking at the market, it's pretty clear that while people expected a correction, nothing happened. At this point it's just the regular bit of volatility that gets the market to move up and down. I am actually glad that the market didn't correct, because that would point out how greedy people are, and what risks they expose themselves to just to make a relative profit. Or..... People don't know yet that they can already sell their coins, which is even worse, because that would mean they don't know what they are doing.

Most ... lol they wouldn't want to be left by the spaceshuttle while we are going to Mars  Cheesy
Tomjames
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October 31, 2017, 04:30:30 PM
 #79


That's because the market value of Bitcoin is continuously increasing each in everytime so it is becoming more expensive as time passes by and as its market demand is getting higher. Maybe it will be able to reach an amount of 7000$ or more by the end of this year if and only if the hardfork will be succesful because it will definitely be a factor just like the recent one and if the pump after the fork will also be continuous.

A long term look and view on bitcoin , should set the prices higher
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October 31, 2017, 04:36:07 PM
 #80

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

if $5200 is the lower price then we can directly buy bitcoin but if the price is going to go under $5200 then that price is too expensive and i am agree with world bank president said. we have to see the down of bitcoin soon after the fork but i think its just for the correction before the price is back increase and this time, i don't think that the price will go down under $4500. but i am waiting to see the price is reach the lower price so i can buy more bitcoin and waiting the higher price.

That would be normal , but do you remember someone saying investing more than $10k in a technology called  "bitcoin" is too expensive in the beginning ?  Cheesy lol so will all this bankers be !! Now ICO's are getting millions of dollars with just a whitepaper ! Haha
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