Price Back to 5,700 and rise more

[Burks]

too bad if you sold already your bitcoins this is what I just expected but I did not expect that it will recover this fast . I predict that it wil continue to rise as holiday season approach those who buy bitcoins when the price go down a little has a sure profit this coming december

I think the price will continue to rise upto month of december because that month will bonus on the salary for many people so i think this year they will invest on bitcoin.Because bitcoin gives you more profits than another investment.

[clrpod]

It is surprising to me to see bitcoin recover so rapidly, I suspected it would happen ahead of the fork again next month but I did not expect it to be quite so rapid.

[DrGuns4Hands]

the price now is going rally and now approaching again to $6000 barrier this is good. I smell something good about this since the fork already happened and now panic sellers regretting why they sell their coins. Im glad that Im holding mine for a long term .

[hase0278]

It is surprising to me to see bitcoin recover so rapidly, I suspected it would happen ahead of the fork again next month but I did not expect it to be quite so rapid.

The question is if it is healthy for bitcoin or not? I think it is not healthy for bitcoin since a rapid recovery in price tends  to be followed by corrections afterwards. Still, I think the current price rise is good and probably after this rapid movement it will stabilize at some point to build up momentum again. I also expect that price would rise more  by December because many users will have extra money to put into btc.

[katana2w]

It is surprising to me to see bitcoin recover so rapidly, I suspected it would happen ahead of the fork again next month but I did not expect it to be quite so rapid.

The question is if it is healthy for bitcoin or not? I think it is not healthy for bitcoin since a rapid recovery in price tends   to be followed by corrections afterwards.

Yes, agree with you. Now price is $ 5895 and I think we can wait for the correction to $ 5750.

[YuginKadoya]

It is surprising to me to see bitcoin recover so rapidly, I suspected it would happen ahead of the fork again next month but I did not expect it to be quite so rapid.

The question is if it is healthy for bitcoin or not? I think it is not healthy for bitcoin since a rapid recovery in price tends   to be followed by corrections afterwards.

Yes, agree with you. Now price is $ 5895 and I think we can wait for the correction to $ 5750.

Well we can really see it really goes down after the Fork but a few days it increase so fast and now we had hit again $5901.03 as of today, I really think this is not the real price for now because there are many users that got their BTG and now are dumping to bitcoin maybe that is the reason why the value is so high for now but we will see a price correction.

[LFC_Bitcoin]

$5969 on Stamp as I type this, looks like $6000 will be breached today & then who knows where it will stop.

[Pleione527]

Bitcoin continue to fluctuates and maybe more deeper fluctuations will be experience a week before the expected hard fork but we should not worry because even bitcoin falls and reach $5000 again I'm sure it will not stay in that and will surely pump again and may probably reach $7000 by next year lets just enjoy the pump

[anonyme69]

I read something earlier that several Chinese exchanges are/will be trading bitcoin again. Their government is rumoured to be relaxing its ruling on the ban so this is probably the reason for the price increase we are currently witnessing.

Are you mean huobi they try open new site to avoid government ban by made new site  huobi.pro

[akamit]

I am predicting bitcoin price will hit around $6500-$7000 by the end of November.
If the current trend of bitcoin price lasts.

Who knows by the end of the year it may hit $8000. 

This is just my prediction, it maybe totally wrong.

[richardsNY]

$5969 on Stamp as I type this, looks like $6000 will be breached today & then who knows where it will stop.

Yep, and that while people were so sure about the price going to tank after the BTG chain split. It perfectly shows that the increase we have experienced lately was definitely not because of BTG. It of course could have been the case, but this would then indeed cause the market to go down. On another note, BTG has never been an obstacle of any kind, so there remains just one thing to focus on at this point, and that's the far more serious hard fork next month. If we have gone past that obstacle, because that's basically what it is, then nothing will stand in our way to reach $10,000 within 2 months. If everything plays out well and the hard fork doesn't cause any harm, then it's even possible to reach such levels this year. Aside from emergency situations, only an idiot sells now.

[makishart]

I read something earlier that several Chinese exchanges are/will be trading bitcoin again. Their government is rumoured to be relaxing its ruling on the ban so this is probably the reason for the price increase we are currently witnessing.

Are you mean huobi they try open new site to avoid government ban by made new site  huobi.pro

Yes it is, but you can try to see about the latest announcement that already released into the public by huobi itself, it seems the exchange will be actively trading the bitcoin again in the future. Some people are saying about the old news regarding the china ban was fake. But i don't know about the truth behind it.
What's your opinion?

[Skyborn]

This is yet another example why you always should catch the dips when it comes to bitcoin. Bitcoin can be very profitable if you are trading with more than one bitcoin and can catch the right dips. I expect we will  hover around 6000$ until the 2x fork occurs. After the market will decide what we will do. Very volatile tiles ahead

[Pab]

I ve been reading that there is rumor about Amazon accepting btc,Due that news Amazon will announce that today in his earnings report after wall street session 4 pm est

[iqlimasyadiqa]

I read something earlier that several Chinese exchanges are/will be trading bitcoin again. Their government is rumoured to be relaxing its ruling on the ban so this is probably the reason for the price increase we are currently witnessing.

Are you mean huobi they try open new site to avoid government ban by made new site  huobi.pro

Yes it is, but you can try to see about the latest announcement that already released into the public by huobi itself, it seems the exchange will be actively trading the bitcoin again in the future. Some people are saying about the old news regarding the china ban was fake. But i don't know about the truth behind it.
What's your opinion?

Yes Huobi will be running again. there's been so much news saying that. I might feel strange if huobi try to create a new website to avoid the ban from the Chinese government, but it should be actionable by the government. I am more convinced that the government is actually just pretending to be about the ICO ban and trying to ban Bitcoin, whereas the fact that I am currently seeing that the government supports Bitcoin. I would probably be annoyed to hear that the Chinese government deliberately made a statement to make some parties get a profit when bitcoin prices decrease. this is a very dishonest act in my opinion.

[arpon11]

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

This is good news and I just checked bitcoin price now from https//coinmarketcap. com and bitcoin price is currently above $5,947. I have noticed that bitcoin has resume it earlier trend from$1,750 that lead us to get to $4650 in early September and push us to $6150 this month and a broken of that level will get us to above $7000! The influence of the desire for getting a free coin from the bitcoin splitting cannot be overemphasized and this is the major reason why bitcoin is recovering now.

[Rahar02]

Cryptocurrency market always react to new development or something like BTG hard fork.
There are some speculations about traders did a short-term sell off and invest into altcoins.
Then, people reallocate their funds into bitcoin after hard fork which caused bitcoin recover to $5900.
Maybe people are ready to set $6k as the bottom line of bitcoin price, we will see it soon by the end of this month, I guess.

[Eleven86]

Cryptocurrency market always react to new development or something like BTG hard fork.
There are some speculations about traders did a short-term sell off and invest into altcoins.
Then, people reallocate their funds into bitcoin after hard fork which caused bitcoin recover to $5900.
Maybe people are ready to set $6k as the bottom line of bitcoin price, we will see it soon by the end of this month, I guess.

Hope to have $6k plus after the hard fork BTG.  This is common when an apt is introduced, many invest into it hoping for a good return in future. Hope this does bring good profit spending btc for BTG.

[erep]

$5963 USD price on Bitstamp right now. I think it will reach to $6500 towards fork and then may see a correction to go forward. I am just holding for a high point to sell a part.

[InvoKing]

why after price Back to 5,500 back again to rise (Must price Down Because many sell BTC to get BTG)

Bitcoin price should be +$6000 so it is normal to see people buying some coins now to sell it later, especially that a hard fork is incoming so it is better to have maximum coins as possible to earn as much Bitcoin gold to sell it later.

$5963 USD price on Bitstamp right now. I think it will reach to $6500 towards fork and then may see a correction to go forward. I am just holding for a high point to sell a part.

I tend to agree with you