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Author Topic: [2017-10-30] Bitcoin reaches new all-time high  (Read 5162 times)
fanatseal2
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October 30, 2017, 08:35:27 AM
 #1

Bitcoin, the most popular cryptocurrency in the world that serves as a locomotive for all other cryptocurrency, has reached a new maximum of $6154, according to Coinmarketcap.

The positive news come possibly due to the verdict of the British regulative authorities that Bitcoin is actually not a primary tool for terrorism financing, but this might be due to other reasons, of course. Turns out today is the day Bitcoin optimists can say they were right about that six thousand is not the limit.

It is unclear right now if the growth continues for long, so to sell or not to sell – this is for investors to decide. As market analysts from FxPro told Bitnewstoday, former price [$5,470] now emerging as having been a good opportunity for investing.

Meanwhile, Ethereum is on the... Read more
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October 30, 2017, 09:33:28 AM
 #2

That's a good news, thanks for this one.
Quote
It is unclear right now if the growth continues for long, so to sell or not to sell – this is for investors to decide. As market analysts from FxPro told Bitnewstoday, former price [$5,470] now emerging as having been a good opportunity for investing.
Well, investors are keep on coming this days and no doubt bitcoin price would be totally keep on growing if that happen. Hope so that price will keep on growing so that many more investors will be in hand to invest in bitcoin. Well, good news too for BCH and ETH for the rise again and bad for BCG. Well, Bitcoin Gold will be the same as BCH for the week it was released but it will be a good time to invest because we might know it will pumped up.

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October 30, 2017, 10:18:13 AM
 #3

That's a good news, thanks for this one.
Quote
It is unclear right now if the growth continues for long, so to sell or not to sell – this is for investors to decide. As market analysts from FxPro told Bitnewstoday, former price [$5,470] now emerging as having been a good opportunity for investing.
Well, investors are keep on coming this days and no doubt bitcoin price would be totally keep on growing if that happen. Hope so that price will keep on growing so that many more investors will be in hand to invest in bitcoin. Well, good news too for BCH and ETH for the rise again and bad for BCG. Well, Bitcoin Gold will be the same as BCH for the week it was released but it will be a good time to invest because we might know it will pumped up.

I heard the Coinbase has more than 10 million users now. So if each of them buys one bitcoin, the price will be even higher.
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October 30, 2017, 10:38:48 AM
 #4

That's a good news, thanks for this one.
Quote
It is unclear right now if the growth continues for long, so to sell or not to sell – this is for investors to decide. As market analysts from FxPro told Bitnewstoday, former price [$5,470] now emerging as having been a good opportunity for investing.
Well, investors are keep on coming this days and no doubt bitcoin price would be totally keep on growing if that happen. Hope so that price will keep on growing so that many more investors will be in hand to invest in bitcoin. Well, good news too for BCH and ETH for the rise again and bad for BCG. Well, Bitcoin Gold will be the same as BCH for the week it was released but it will be a good time to invest because we might know it will pumped up.

I heard the Coinbase has more than 10 million users now. So if each of them buys one bitcoin, the price will be even higher.
It is important to have all of these 10 million users check-free $ 6,000 to buy one bitcoin. Agree it is not a small amount and not everyone can afford such costs. Bitcoin is increasing in price and certainly will make a profit, but to have the profits need to cash out bitcoins. The question is then what? We will never ponies for the bitcoin.

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October 30, 2017, 10:54:00 AM
 #5

It reaches new heights every two weeks now,it is close to 6300$
and judging by the trend we are going to refresh the price records any time
brace yourselves,more topics with the "price news" and gold price vs bitcoin price comparisons,sigh
but this can mean 10.000+ next year or even more than that,when wild analysts predict 25.000$ price
people will continue buying for crazy hundreds of % per annum profit,just buy and hold sell and profit-easy peasy

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October 30, 2017, 01:05:16 PM
 #6

It reaches new heights every two weeks now

brace yourselves,more topics with the "price news"

People are used to it by now. News sites are only looking to move articles in high quantity to scoop up ad revenue and to keep their site active, and because of that, they will grab every price increase as reason to report about it. It has gone even so far, that they also report about tweets and other social media profits from celebrities and such. It's not for nothing that the overall quality of the crypto news sites has gone down significantly in the last few years. It's almost impossible to find an article worth reading nowadays. It's the sad but true reality.

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October 30, 2017, 01:29:32 PM
 #7

Is this recent movement happening because of Segwit2X hard fork or any other news that triggered it? This question is a bit off topic but does someone were there any changes in China since their ban on bitcoin exchanges?

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October 30, 2017, 01:50:30 PM
 #8

That's a good news, thanks for this one.
Quote
It is unclear right now if the growth continues for long, so to sell or not to sell – this is for investors to decide. As market analysts from FxPro told Bitnewstoday, former price [$5,470] now emerging as having been a good opportunity for investing.
Well, investors are keep on coming this days and no doubt bitcoin price would be totally keep on growing if that happen. Hope so that price will keep on growing so that many more investors will be in hand to invest in bitcoin. Well, good news too for BCH and ETH for the rise again and bad for BCG. Well, Bitcoin Gold will be the same as BCH for the week it was released but it will be a good time to invest because we might know it will pumped up.

I heard the Coinbase has more than 10 million users now. So if each of them buys one bitcoin, the price will be even higher.
Few people on this planet can allow the self to buy at least one bitcoin today, the price is huge. As I see on the exchanger that I use people are buying or selling few amounts mostly, honestly I didn't say in the list that someone would sell or buy 1 BTC ever.

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October 31, 2017, 05:19:50 PM
 #9

Bitcoins always have a price hike before forks or segwit. Maybe because many are investing more in bitcoin because they know that there will be a big dump and a big bounce back. Well that is just based on my own opinion.
Some sell off their alts, some hold both but during times like this more are trusting bitcoin.
Better be ready for more profits in holding guys. Buy more.
More power to bitcoin. The growth of bitcoins will always depend on its users.

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October 31, 2017, 09:38:33 PM
 #10

Today, bitcoin reaches another ATH at $6400. Its truly amazing how massive this run that we are seeing. Maybe tomorrow we gonna see another new ATH so its gonna be no surprise from us all.

Bitcoins always have a price hike before forks or segwit. Maybe because many are investing more in bitcoin because they know that there will be a big dump and a big bounce back. Well that is just based on my own opinion.
Some sell off their alts, some hold both but during times like this more are trusting bitcoin.
Better be ready for more profits in holding guys. Buy more.
More power to bitcoin. The growth of bitcoins will always depend on its users.

I think your opinion is very correct. Every time we have a fork the price goes up and sometimes it really holds up. That's why the price continue to pick up and because investors have learned to trust the market.

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November 01, 2017, 06:03:39 AM
 #11

(https://www.forbes.com/sites/cbovaird/2017/10/13/bitcoin-surpasses-5800-reaching-new-all-time-high/#66e5f2437fa5).

It is a timely news for bitcoin investors that its prices have extended significant gains and meaningful changes, thus reaching a fresh, new all-time high. It runs counters to some people's negative views on investing in bitcoins. It is all the more impressive. It is a positive indicator backing up #bitcoin and pushing the #CryptoCurrency world into a Bullish Market!

Following this new promising trend, Arjun Kharpal in his article, entitled, "Bitcoin leaps to record above $5,300" posted in "https://www.c[Suspicious link removed]m/2017/10/12/bitcoin-price-record-high-above-5000.html" states that "Speculation that China could reverse the ban of cryptocurrency exchanges is driving sentiment." Further, with such significant increase around 454% year-to-date performance, several digital currency enthusiasts are optimistic that there will be an increased number of prospective investors this month and thereafter.
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November 01, 2017, 06:14:20 AM
 #12

It’s 6400$ range at this moment. I’m one of those optimistic person who believes it will goes beyond what we expected it to be. This 2017 is the best year for bitcoin for now but is it going to be like this next year then it is the start. It breaks every bankers heart and fiat enthusiast that give negative statements about it. This show how bitcoin now is progressing faster in a year.

This Segwit2x might decrease bitcoin value after the fork but I think it won’t be that big. Let’s aim for a higher price of bitcoin at the end of December.
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November 01, 2017, 07:59:00 AM
 #13

We are going to see a lot more news like this in the future. Bitcoin scaling new peaks is not going to make news. How fast we get there is.  There are going to be a lot of new millionaires born from the Bitcoin boom.

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November 01, 2017, 08:12:12 AM
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The announcement that CME will trade futures helped push the recent price move.
With 2 months left in the year i think there is still a lot of room for new ATH's.
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November 01, 2017, 10:46:11 AM
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When more and more enthusiastic miners and traders get involved with bitcoin, the price itself will surely soar high. When we can't fight the trend, then just ride on and have fun with it  Grin
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November 01, 2017, 07:22:51 PM
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The announcement that CME will trade futures helped push the recent price move.
With 2 months left in the year i think there is still a lot of room for new ATH's.

The market has been increasing consistently this year. It may be pure coincidence that the price has shot up a bit after the announcement, but as always, people are constantly looking to link an increasing price to certain happenings and announcements. People should understand that there isn't always an indirect reason needed for the price to shoot up -- the increasing demand is doing its work nicely. And yes, we're getting really spoiled since there hasn't been a shortage of freshly reached all time highs in the last months. In easy terms, the best thing to do is holding.

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November 01, 2017, 10:30:36 PM
 #17

The announcement that CME will trade futures helped push the recent price move.
With 2 months left in the year i think there is still a lot of room for new ATH's.

The market has been increasing consistently this year. It may be pure coincidence that the price has shot up a bit after the announcement, but as always, people are constantly looking to link an increasing price to certain happenings and announcements. People should understand that there isn't always an indirect reason needed for the price to shoot up -- the increasing demand is doing its work nicely. And yes, we're getting really spoiled since there hasn't been a shortage of freshly reached all time highs in the last months. In easy terms, the best thing to do is holding.

Bitcoin gaining prominence and new and fresh set of investors coming in and willing to pour their cash in the ecosystem. And again, new all time high was hit today, we are above $6600, so whatever speculation or factors that drove this price, your guess is as good as mine.

When more and more enthusiastic miners and traders get involved with bitcoin, the price itself will surely soar high. When we can't fight the trend, then just ride on and have fun with it  Grin

There's only one thing you can do if you can't fight the trend, hold on your bitcoin and watch how the price goes up, when I wake it is just above $6500 and now the price is nearing $6700. Really excited to see it so the fun ride continues.

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November 02, 2017, 11:13:50 AM
 #18

And today its reaches beyond new high but dominantly on the sky level.. 7200$ dollars only for this week is astonishingly unbelievable even I’m expecting it to be on this price but to do it for only a week or days cemented bitcoin’s undeniably popularity expanding through out the world with skyrocket position..

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