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Author Topic: Bitcoin breaks $6,500  (Read 1291 times)
bestt30 (OP)
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November 01, 2017, 03:37:39 PM
Last edit: November 01, 2017, 08:39:04 PM by bestt30
 #1

Just moments ago I was reading about Bitcoin setting a new price record above $6,400. The main cryptocurrency has been incredibly strong, and resilient during crashes, so this latest development does not surprise me one iota.

What also does not surprise me is that Bitcoin kept going after reaching the $6,400 mark, settling above $6,600 at the time of writing this article, based on an average from major exchanges like Bithumb (where it’s actually gone past $6,700), Kraken, GDAX and Poloniex.

Based on data from Coinmarketcap.com, Bitcoin is up around 6.5 percent today, which has boosted its market cap above $110 billion. Its “dominance” of the crypto scene is also up to 59.7 percent, mainly due to the fact that the top altcoins (alternative crypto coins) are either in the red or behind it in terms of average gains after the most-recent crash in September.

Ethereum, the second-largest cryptocurrency, has been struggling to break out of the $300 zone for around a month now. It went through an update earlier in October, which was expected to give it a much-awaited boost, but it still remains well below the price record set in mid-June, when it traded above $400. Its market cap is $28.36 billion now.

Bitcoin Cash has surpassed Ripple (again) to take third place, now trading just under $500. The cryptocurrency, which was created August 1 through a fork of Bitcoin, has a market cap of $8.3 billion. It is up over 12 percent today. Ripple, meanwhile, is down below $0.2, with its market cap hovering around $7.6 billion.

Further down the line in the top 10, BitConnect is the only other coin which has gained in price day-over-day, being up to around $244 and 6.04 percent. Its market cap is just shy of $1.8 billion.


SOURCE CONTINUE ARTICLE
http://www.coinn.club/bitcoin-altcoin-signals/bitcoin-breaks-6500/
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November 01, 2017, 03:51:56 PM
 #2

It's pretty cool alright. Everyday I explain why it's rising to people and they start to understand. Almost 3/4ths of it has been mined and it can't be regrown like tulips. While it can correct off and on, the price is only going up for the mid and long term. I'm just glad I finally bought in when the price was around $2000. Cheers!

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November 01, 2017, 04:12:24 PM
 #3

Yes, now I saw the price list of bitcoin. Now its 6567$ , Really its amazing. Bitcoin is going cery fastly without any break. Its so much happy news any bitcoin holders. In the case of holders are waiting for the last Rate, and someone already happy to see this.

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November 01, 2017, 04:17:37 PM
 #4

It's great how it surpasses my every expectation. I have predicted it to be 6000 USD before this year ends but there's still two months before 2018. I won't be surprised by now if bitcoin reached 7000 USD before 2018. It's no joke, people are now starting to realize how important bitcoin is, that they should start recognizing it as a great asset.
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November 01, 2017, 04:30:44 PM
 #5

It's great how it surpasses my every expectation. I have predicted it to be 6000 USD before this year ends but there's still two months before 2018. I won't be surprised by now if bitcoin reached 7000 USD before 2018. It's no joke, people are now starting to realize how important bitcoin is, that they should start recognizing it as a great asset.

Bitcoin is indeed full of surprises. Look like BTC is going strong, my expectation is to see $7000 just before the fork.  Now it is $500 away from my target. Let’s keep our finger crossed.

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November 01, 2017, 04:32:19 PM
 #6

It's great how it surpasses my every expectation. I have predicted it to be 6000 USD before this year ends but there's still two months before 2018. I won't be surprised by now if bitcoin reached 7000 USD before 2018. It's no joke, people are now starting to realize how important bitcoin is, that they should start recognizing it as a great asset.

Bitcoin is indeed full of surprises. Look like BTC is going strong, my expectation is to see $7000 just before the fork.  Now it is $500 away from my target. Let’s keep our finger crossed.

It's very unpredictable which can be a good thing but can also be a very bad thing. Everyone I talked to including myself predicted for Bitcoins price to decrease after the latest fork but it just didn't happen.

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November 01, 2017, 04:37:14 PM
 #7

im more curious when if it will become steady..
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November 01, 2017, 04:38:03 PM
 #8

Yes, now I saw the price list of bitcoin. Now its 6567$ , Really its amazing. Bitcoin is going cery fastly without any break. Its so much happy news any bitcoin holders. In the case of holders are waiting for the last Rate, and someone already happy to see this.
that was expected already.that before the november fork it will climb upto $7000 ..amd hope after the fork the price will still goes to the highest as it ever had.this margins are proof that bitcoin will continue to prosper and all the negative speculation will wipe out and the positive will reign
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November 01, 2017, 04:41:16 PM
 #9

Up and up it goes.

I remember a very old thread that someone predicted this "A 10,000 Bitcoin". I used to actually laugh at the notion of that, and thought there was no way Bitcoin would ever go that high.  Here we are, I realize its not 10,000 yet, but it doesn't look like it is showing signs of stopping or anything so who knows what it will be by the end of the year.
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November 01, 2017, 04:48:38 PM
 #10

The time has come for Bitcoin to show its strength as it is surging in price right now. Despite all the problems, challenges and criticisms from many well-known personalities from many sectors of the society, the market for Bitcoin is showing us how resilient it is and how strong is the demand for Bitcoin. Soon, new markets can be opened for Bitcoin and with that happening we are expecting more push on its value. In my opinion, though there can be possible little corrections happening soon, Bitcoin is setting its target towards $10,000 and that can happen maybe within the first quarter of 2018. It is always good to be a part of the Bitcoin bandwagon!
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November 01, 2017, 04:54:28 PM
 #11

Up and up it goes.

I remember a very old thread that someone predicted this "A 10,000 Bitcoin". I used to actually laugh at the notion of that, and thought there was no way Bitcoin would ever go that high.  Here we are, I realize its not 10,000 yet, but it doesn't look like it is showing signs of stopping or anything so who knows what it will be by the end of the year.

Now bitcoin again crossed op mentioned value. Value turns to 6629 US dollar in preev price chart. Really great to have the bitcoin as a savings part. There are many hold the bitcoin for long term I could say still do not sell your bitcoins. I am also in the process of saving bitcoin with the earning I am making via signature campaign.
I think if price goes like this before this year ends bitcoin price will reached to 10k USD easily.
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November 01, 2017, 04:56:05 PM
 #12

Up and up it goes.

I remember a very old thread that someone predicted this "A 10,000 Bitcoin". I used to actually laugh at the notion of that, and thought there was no way Bitcoin would ever go that high.  Here we are, I realize its not 10,000 yet, but it doesn't look like it is showing signs of stopping or anything so who knows what it will be by the end of the year.
maybe you think of that last year as I also not a certain believers that every bitcoin I received from my campaign was already been trade to fiat, if I only realize much earlier maybe I can have a lots of bitcoin by now, bitcoin keeps on rising and its just little away from reaching 7k$ and what is next after touching that ground, nothing is impossible so 10k $ can be achieved in no time.

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Diamondfx
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November 01, 2017, 04:56:37 PM
 #13

It's gonna get to 12,000 before year ends
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November 01, 2017, 04:59:51 PM
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It is raising really fast lately. Still remember some big banker calling Bitcoin a fraud n the price dipping. What might cause the next dip?Hopefully I'll have some spare funds when that time comes!
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November 01, 2017, 05:02:44 PM
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It's gonna get to 12,000 before year ends

Nope, you being ridiculous now. What will push the price up like that to double the price in 2 months? I know Gemini and the

twins are working on something and some big capital might be coming in soon, but you would have to get a $110 Billion boost

from where it is now, to get to $12 000/BTC  Roll Eyes Roll Eyes

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November 01, 2017, 05:04:19 PM
 #16

LOL. In my opinion I think Bitcoin will get over 7k$ at the end of this year if it'll keep increasing like that Smiley). In this year, a lot of hardfork happened and it's the main reason make Bitcoin price increase quickly like that. There are one more hard fork will happen in this month and I think right after the upcoming hardfork Bitcoin price will get over 7k$ and reach to a new peak Smiley)
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November 01, 2017, 05:09:40 PM
 #17

I think it just hit 6700$ few hours back.
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November 01, 2017, 05:13:09 PM
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I’ve even forgot how to be surprise and to be shocks at all.. It comes like it’s nothing an as a normal thing everyday.. I can see most of us does wanted this increases other than those who wanted to buy for HODLing.. At 6600$ now that is really difficult for them to acquired them even I have doubts about buying some.. This Segwit2x fork is exciting of what might be an effect on bitcoin price..

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November 01, 2017, 05:13:16 PM
 #19

It is raising really fast lately. Still remember some big banker calling Bitcoin a fraud n the price dipping. What might cause the next dip?Hopefully I'll have some spare funds when that time comes!

Loads of well respected bankers & fiat system traders have laughed at bitcoin & said it will fail. They’ve all been proven wrong though, none of them know anything. It’s time for the next generation of money men to come into the light - us.

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November 01, 2017, 05:13:25 PM
 #20

It's gonna get to 12,000 before year ends

Nope, you being ridiculous now. What will push the price up like that to double the price in 2 months? I know Gemini and the

twins are working on something and some big capital might be coming in soon, but you would have to get a $110 Billion boost

from where it is now, to get to $12 000/BTC  Roll Eyes Roll Eyes
I do not exclude such development of events. Capitalization of bitcoin does not grow linearly. The more the popularity of the cryptocurrency the higher the rate of growth of its capitalization. If now the owners shadow capital will decide for themselves that using bitcoin can legalize their capital they can in one month and increase the capital several times. But just as then they can withdraw their capital and the price of bitcoin will fall. Our future is not yet determined.
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