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Author Topic: Bitcoin reaches a record level, surpassing $ 6,000  (Read 3078 times)
Mike Mayor
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October 22, 2017, 07:26:21 AM
 #41

Yes bitcoincash in is amazing and cannot be stopped. I told everyone silly china and naysayer's will have bibedfect. When the price dropped they made me some nice orofits I almost doubled my investment strategy that stage since I bought when it was in the $2000+ region. Thanks China. <3 Thanks panic sellers <3

I'm still expecting $9000 by December ending, it's feasible
Don't think so, probably, next year it will be 10k

I think by the beginning first month or two we will see 10k for sure. Good times ahead for us all.

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October 22, 2017, 11:48:54 AM
 #42

Bitcoin is indeed amazing! Although the Bitcoin Market increased, the Altcoin market didn't do anything. So it's cristal clear that more people heard about Bitcoin in the news and jumped in
Altcoin market is dry because of the upcoming hard fork. Everybody moved into Bitcoin to get free Bitcoin Gold (which is most likely trash).

Is it more likely that the bitcoin will come down after the hardfork and the Altcoin ups?
Probably, yes. Most of the Bitcoin money came out of altcoins, so we will probably see some altcoins pumping after the fork completes and people finish dumping their Bitcoin Gold.

After that it's anyone's guess what will happen next, but I assume that Bitcoin will keep rising since cryptos are slowly making their way into the mainstream.
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October 22, 2017, 11:56:14 AM
 #43

Quite a nice number to see as a holder, quite daunting for someone new to get in. I don't know how many times I have had to explain you can buy any amount as it is divisible.
I never understood why people didn't think of divisibility right away. We divide dollars and even stocks without any problems too...
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October 22, 2017, 12:04:59 PM
 #44

Bitcoin reached record value Friday, exceeding the $ 6,000 threshold, and reaching a total capitalization of over $ 100 billion, as investors continue to look optimistically at this virtual currency, which exists in limited quantities and which has opened the way for several  ... More
Everyday its a surprise price level now 6kUSD isnt it high enough to buy, waiting the upcoming fork, hopefully it will create chance to act, lets see.
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October 22, 2017, 12:10:11 PM
 #45

I think the Bitcoin price will continue to rise to $ 7000 in the coming weeks or after the year as there are many new entrants to the market. I am sure Bitcoin will be the largest market in the world and be able to break through the stock market in the future






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October 23, 2017, 02:18:58 PM
 #46

it's amazing how bitcoin has been uploaded lately:
0 $ -1000 $: 1789 days
1000 $ -2000 $: 1271 days
2000 $ -3000 $: 23 days
3000 $ -4000 $: 62 days
4000 $ -5000 $: 61 days
5000 $ -6000 $: 8 days
and still does not stop surprising us. It has been very marked the rise in the last month could be the result that it has become more popular and reliable for users. so it still has to climb

your times are a bit off the mark and also you should not use the price ranges like this. it is completely meaningless to do something like this. you should instead consider the rise size in percentages. for example from 1000 to 2000 is 100% rise but from 5000 to 6000 is a 20% rise.

in order to understand this better consider this comparison:
rise from $10 to $20
versus
rise from $5010 to $5020

you are right, I just wanted to make an estimate of the rise in days of course it have mistakes, I'm just a newbie who does not know some graphics!
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October 23, 2017, 02:24:36 PM
 #47

Bitcoin is indeed amazing! Although the Bitcoin Market increased, the Altcoin market didn't do anything. So it's cristal clear that more people heard about Bitcoin in the news and jumped in
Altcoin market is dry because of the upcoming hard fork. Everybody moved into Bitcoin to get free Bitcoin Gold (which is most likely trash).

Is it more likely that the bitcoin will come down after the hardfork and the Altcoin ups?
Probably, yes. Most of the Bitcoin money came out of altcoins, so we will probably see some altcoins pumping after the fork completes and people finish dumping their Bitcoin Gold.

After that it's anyone's guess what will happen next, but I assume that Bitcoin will keep rising since cryptos are slowly making their way into the mainstream.

It´s possible, I just wait a bitcoin down to enter the market
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October 23, 2017, 02:26:36 PM
 #48

Quite a nice number to see as a holder, quite daunting for someone new to get in. I don't know how many times I have had to explain you can buy any amount as it is divisible.
what do you mean by scary enough?
I do not think so,
because with the increasing number of investors of course this will be a good thing associated with the sale price of bitcoin,
because the more bitcoin is bought by the investot, it will make the bitcoin thinner and this will be a good cel for the soaring bitcoin price

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October 23, 2017, 02:28:11 PM
 #49

Bitcoin reached record value Friday, exceeding the $ 6,000 threshold, and reaching a total capitalization of over $ 100 billion, as investors continue to look optimistically at this virtual currency, which exists in limited quantities and which has opened the way for several  ... More
But maybe this is the highest price it can reach this year. When the hard fork event ends, investors will sell the bitcoin in large quantities and prices will fall sharply.
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October 23, 2017, 02:34:56 PM
 #50

Bitcoin reached record value Friday, exceeding the $ 6,000 threshold, and reaching a total capitalization of over $ 100 billion, as investors continue to look optimistically at this virtual currency, which exists in limited quantities and which has opened the way for several  ... More
This is definitely good to hear. It is just overwhelming since Bitcoin have gone through difficulties on the previous month but still, it was able to overcome all of it and even come back stronger. It is now priced at 6009$ and is still increasing. It is also expected to have a market value of 7000$ or more before this year end.

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October 23, 2017, 02:41:17 PM
 #51

Bitcoin reached record value Friday, exceeding the $ 6,000 threshold, and reaching a total capitalization of over $ 100 billion, as investors continue to look optimistically at this virtual currency, which exists in limited quantities and which has opened the way for several  ... More
This is definitely good to hear. It is just overwhelming since Bitcoin have gone through difficulties on the previous month but still, it was able to overcome all of it and even come back stronger. It is now priced at 6009$ and is still increasing. It is also expected to have a market value of 7000$ or more before this year end.
After the fork it might decrease, but knowing that btc were able to reach this amount now, it will surely recover soon so when it dumps,grab that opportunity . It will goes more than $7k after fork dumps .
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October 23, 2017, 02:49:47 PM
 #52

Bitcoin reached record value Friday, exceeding the $ 6,000 threshold, and reaching a total capitalization of over $ 100 billion, as investors continue to look optimistically at this virtual currency, which exists in limited quantities and which has opened the way for several  ... More

I am so much happy when i see the chart that time. Never expect that anymore, i thought that may happen next year but i was wrong for that expectation. I hope to see the same scenario after the hard fork or may be more but i expect a lower price of BTC after the hard fork.

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October 23, 2017, 03:01:31 PM
 #53

Bitcoin price can grow up above 10,000 dollars. Its price grow very fast it is sick and i wait for more.
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October 23, 2017, 03:11:53 PM
 #54

Bitcoin reached record value Friday, exceeding the $ 6,000 threshold, and reaching a total capitalization of over $ 100 billion, as investors continue to look optimistically at this virtual currency, which exists in limited quantities and which has opened the way for several  ... More
This is definitely good to hear. It is just overwhelming since Bitcoin have gone through difficulties on the previous month but still, it was able to overcome all of it and even come back stronger. It is now priced at 6009$ and is still increasing. It is also expected to have a market value of 7000$ or more before this year end.
I'm not sure that the price will rise. New coins which were added in August and in October you do not have much support among users and so price of bitcoin did not feel the pressure to the downside. In November we will see a new btc1 coin and this coin can have quite the opposite effect. If it gets the recognition it may become more attractive for use in trade and this may weaken the position of btc.
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October 23, 2017, 03:28:59 PM
 #55

I have a strong feeling people will start selling some BTC, when they have received their FREE Bitcoin Gold from this fork. The

price will go down and then people will sell their Bitcoin Gold to buy some more BTC and the price will go back up to $6000 or

even $7000, if Bitcoin Gold trades goes well after the fork. We will see $7000 in November and December of this year.  Cool

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October 23, 2017, 03:50:56 PM
 #56

I have a strong feeling people will start selling some BTC, when they have received their FREE Bitcoin Gold from this fork. The

price will go down and then people will sell their Bitcoin Gold to buy some more BTC and the price will go back up to $6000 or

even $7000, if Bitcoin Gold trades goes well after the fork. We will see $7000 in November and December of this year.  Cool
Why would it matter to Bitcoin how Bitcoin Gold trades? They're different coins and I'm pretty sure that Gold will just get dumped into the ground, with BTC not really caring about it.
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October 23, 2017, 03:58:34 PM
 #57

Once again, Bitcoin price is rising up.So it is good for bitcoiners who involbe it.Now it reaches a record level and I think, it will rise up more.

For bitcoin, there is no way down but always going up.  Bitcoin showed everyone how and what it can do.  Its price goes down but it is still close to $6000 mark.  We are hoping that its price will still goes up before this year ends.  And even higher for the years to come. 
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October 23, 2017, 04:04:27 PM
 #58


Yes, thanks to such events, even more investors will pay attention to Bitcoin for their investments. After all, this crypto currency could already make many millionaires. Do not believe all the bad news about crypto-currencies, you must always rely on official sources and be a bit bolder in your actions. Cool Roll Eyes
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October 23, 2017, 04:09:52 PM
 #59

I have a strong feeling people will start selling some BTC, when they have received their FREE Bitcoin Gold from this fork. The

price will go down and then people will sell their Bitcoin Gold to buy some more BTC and the price will go back up to $6000 or

even $7000, if Bitcoin Gold trades goes well after the fork. We will see $7000 in November and December of this year.  Cool
Why would it matter to Bitcoin how Bitcoin Gold trades? They're different coins and I'm pretty sure that Gold will just get dumped into the ground, with BTC not really caring about it.

I think he is right. That is a good strategy. After receiving the Bitcoin Gold from fork holders start dumping Bitcoin price, then they sell their Bitcoin Gold, wait Bitcoin price dump to cheaper price as possible, then start buying again with the profit made by selling Bitcoin Gold + profit made by selling Bitcoin.
They are different currencies, but the profit of Bitcoin Gold can be converted again to the original Bitcoin, however I don't know if Bitcoin has power to reach $7000 this year yet.

 
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October 23, 2017, 06:36:36 PM
 #60

I have a strong feeling people will start selling some BTC, when they have received their FREE Bitcoin Gold from this fork. The

price will go down and then people will sell their Bitcoin Gold to buy some more BTC and the price will go back up to $6000 or

even $7000, if Bitcoin Gold trades goes well after the fork. We will see $7000 in November and December of this year.  Cool
Why would it matter to Bitcoin how Bitcoin Gold trades? They're different coins and I'm pretty sure that Gold will just get dumped into the ground, with BTC not really caring about it.

I think he is right. That is a good strategy. After receiving the Bitcoin Gold from fork holders start dumping Bitcoin price, then they sell their Bitcoin Gold, wait Bitcoin price dump to cheaper price as possible, then start buying again with the profit made by selling Bitcoin Gold + profit made by selling Bitcoin.
They are different currencies, but the profit of Bitcoin Gold can be converted again to the original Bitcoin, however I don't know if Bitcoin has power to reach $7000 this year yet.
Bitcoin Gold should be dumped before anyone else has the chance to. Holding Bitcoin Gold for any longer than absolutely necessary is not a good idea, since it's junk.
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