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Author Topic: BTC Price Reach $6248  (Read 511 times)
btcformula (OP)
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October 30, 2017, 11:28:31 AM
 #1

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.
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October 30, 2017, 12:24:35 PM
 #2

Im very happy as of now because bitcoin reach that price and I think it will continue to increase the price and for sure those people have bitcoim can earn a lot of profit. For sure many people as of now wait the price decrease so they can buy a lot of bitcoin with cheap price. But we dont know when the price decrease or when the price increase but I hope it will continue to increase so we can make more profit.

 
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October 30, 2017, 12:39:32 PM
 #3

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.


LOL mate. I don't get it you are happy for the price to really pick up then you are expecting for the big drop? I'm totally confused because its looks like its contradictory.

Anyways, why we just enjoy the day today seeing about how bitcoin reaches new ATH and expect that the price could go still higher in the next days or so, instead of looking ahead for a drop so that we can make a buy order. For me, the price could continue to go up and may try to touch $6500 in the next coming days.

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October 30, 2017, 12:59:03 PM
 #4

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.


I think that a high pick is when the price increases very fast from 3000 USD to 6000 USD.
Increase from 5400 to 6200 USD is not a high pick,so i don`t expect a big drop,i expect a small drop during the next week.Anyway,we are all waiting for the next hard fork and there aren`t any important news that will have impact over the bitcoin price.

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October 30, 2017, 01:11:50 PM
 #5

I know It's not unexpected. But History tells every High pick to bring a Big Drop.
No, history tells us every high peak has a small correction.
if what you said were true and we had a big drop that meant we never saw a high price ever! it is 2-3 steps forward and 1 step back not 1 step forward and 1-2 steps back!

Quote
Everyone waiting for the drop. 
not everyone but many people are always waiting for the drop. not that they do anything with it though! they just wait for it to happen for some weird reason. and they always want a big drop like 50%-70% drop and even if it happens they still don't do anything about it Huh

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Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.
at times like this it becomes harder to speculate about bitcoin. we obviously will always have the overall rise. and things such as these forks may temporarily cause some "turbulence" before they go away. the "turbulence" is unpredictable but other than that, you can expect rise right after it.

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October 30, 2017, 01:19:19 PM
 #6

Well I think what we can deduce from this is that the potential negative effects on the price because of the bitcoin gold forks were few and far between. Bitcoin has surpassed its high from before the fork, the reasons aren't entirely clear, likely it has to do with anticipation for segwit2x fork in the coming weeks. Where the price will go from here is unclear but I don't expect a large fall in price.

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October 30, 2017, 01:31:15 PM
 #7

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.

This is the second time BTC has gone passed the 6100$, if a corrections shows up this week then we'll see dip but not a Big Drop like you said.
But i said it in another post, if we can keep up this price for the next couple of days, then i think 6000$ will become the new floor and there's a big chance to see a new ATH or even the 7000$ in November.
Obviously, this is just speculation, we'll what happens this week.

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October 30, 2017, 01:45:00 PM
 #8

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.

As per the china's rumour about open the gate of the bitcoin trade into the yuan and it seems become a very big deal in this time, The price of bitcoin already touched the new ATH. that means a lot of people are believing about that. This can become a boomerang if the rumour just fake.
The possibility of big drop is possible.
But the bullish will be continue if the rumour will be true.

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October 30, 2017, 01:51:15 PM
 #9

China and their exchangers seems to have such influence on the price but on the other hand it could be that this is the little pump befor November 1st when bitcoin gold is formaly coming into force and then it could happen a slight fall down again but I don't believe in some big drop. In times of so often forks and changes it's time of instability for bitcoin price so it's not that easy to tell how the price will develope, we jus have to be prepared for everything.

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October 30, 2017, 01:52:15 PM
 #10

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.


For me, it looks like the sentiment is that it will be very bullish in the next 7 days specially the rumor that the Chinese exchanges are going back online and operational and it is allowed by the government already. This kind of news will really push the market to be bullish that's why the price is increasing and I think its a new ATH again today. And if the rumors is confirmed then expect the price to go as high as $7000 but if its not then maybe we can go back below $6000.









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October 30, 2017, 01:54:42 PM
 #11

I think we pay too much attention to news from China. When came the bad news the price of bitcoin fell, but not for long. She quickly recovers and continues to grow. If the good news is that it can accelerate the growth rates. I care because I'm not coming time to sell my coins. It is a pity that there's no safe way to invest this money into production. Large investment portfolio lies without action.
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October 30, 2017, 03:48:02 PM
 #12

And if the rumors is confirmed then expect the price to go as high as $7000 but if its not then maybe we can go back below $6000.
I think we are on the road to 10k and we should stop with explanations why this is happening, It happening, enjoy ride!

I think we pay too much attention to news from China.
No, we are constantly bombarded with those news from China and truth is always very different from what they serving us. Whole year we listening about China news, bans, exchanges. Fanny, Bitcoin still rising.
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October 30, 2017, 03:56:21 PM
 #13

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.


I missed to see it again and it went down again at $6,084 so that was almost $200 less real quick. But though there's a cut of almost $200 still that's good for me as the price is now at $6,000. Everyone is already expecting that the price will be getting back at $6,000 since we have seen it before from the past week and this is another great achievement for bitcoin, we should expect it again on $7,000.



 

 

 

 

 

 


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October 30, 2017, 04:21:40 PM
 #14

Looking for Some meaningful thought about Bitcoin Next 7 day's price.

the price will probably continue to rise because of segwit2x, since many people want to receive extra bitcons, these hard forks are very profitable, but the question will be what will be after the hard forks? What price can we expect after the hard fork?

we should expect it again on $7,000.

probably still this year we will see $7000

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October 30, 2017, 04:59:28 PM
 #15

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.


Even if the price does drop, that doesn’t take away from the extremely positive news of a new high price for Bitcoin today. The price can’t go up constantly without a drop. There are always fluctuations in the price of Bitcoin or any cryptocurrency. The main thing to focus on is that the overall trend is positive and I think that will continue. We’ll probably see the price hit $7000 before the year is over.
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October 30, 2017, 05:14:11 PM
 #16

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.


Even if the price does drop, that doesn’t take away from the extremely positive news of a new high price for Bitcoin today. The price can’t go up constantly without a drop. There are always fluctuations in the price of Bitcoin or any cryptocurrency. The main thing to focus on is that the overall trend is positive and I think that will continue. We’ll probably see the price hit $7000 before the year is over.

If the value stable or dumps after some days we cannot change this day is the bitcoin price peak value.
If the bitcoin value drops again also we should not sell our coins at the anytime. For long term results bitcoin value is obviously have a good growth in the difficulty and price chart.
In this this year bitcoin value shows the enormous growth in the price graph. Please wait till this end to judge the value.
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October 30, 2017, 05:22:20 PM
 #17

I think when China decide to use bitcoin once again become a factor that cause uptrend on bitcoin value recently.

Surely it's makes me happy but I'm still sad when my government still can't see bitcoin potential meanwhile other country are compete each other to obtain the bitcoin !
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October 30, 2017, 05:33:19 PM
 #18

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.


Even if the price does drop, that doesn’t take away from the extremely positive news of a new high price for Bitcoin today. The price can’t go up constantly without a drop. There are always fluctuations in the price of Bitcoin or any cryptocurrency. The main thing to focus on is that the overall trend is positive and I think that will continue. We’ll probably see the price hit $7000 before the year is over.

If the value stable or dumps after some days we cannot change this day is the bitcoin price peak value.
If the bitcoin value drops again also we should not sell our coins at the anytime. For long term results bitcoin value is obviously have a good growth in the difficulty and price chart.
In this this year bitcoin value shows the enormous growth in the price graph. Please wait till this end to judge the value.

Today the of bitcoin is 6080$.Bitcoin was stable at the price of 6000$.After the fork their will price raise some how. The price of bitcoin will slowly raise and attain some other Peak. This fork also make the bitcoin price stable. After the fork the price will be around
6500$.The price 6248$ is not a high value compared to 6500$.



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October 30, 2017, 05:41:09 PM
 #19

BTC price reach $ 6248  Roll Eyes Roll Eyes
I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop.  Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community.

I do not wait for the drop.  I feel very happy when prices rise. I saw quite a pity because I sold a few Bitcoins to repay debt days ago
I think Bitcoin will return $6500 milestone next week

Make me great again
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October 30, 2017, 06:06:04 PM
 #20

I think the current price is back down. well i feel that bitcoin prices will rise again. in fact, I also predict that bitcoin prices will reach over $ 7000 by the end of the year. well, this may be the beginning.

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