Are you surprise by bitcoin price now?

[BTCMILLIONAIRE]

Yes, it's extremely unpredictable 

For early adopters who stepped in few years ago and have 100x profit it's just a matter of closing their eyes. For newcomers the risk is a magnitude larger since buying even a single Bitcoin is expensive. Still, some people say Bitcoin can go to $200,000 or even beyond. If that's true buying and closing your eyes is the best strategy no matter how hard it is.

That argument doesn't really hold because you can buy fractions of a Bitcoin.

I mean the amount of risk per Bitcoin whether it's whole or fractional.

If you take the market cap into account it takes a lot more money to go from $8000 to $200,000 than from $320 to $8000. It's harder, therefore less probable and therefore has a higher risk.

It could easily be argued that it is much easier for Bitcoin to climb to $200k and higher than it was for Bitcoin to reach where it is at now.

After all, Bitcoin was a fringe technology that has been labelled as a scam and ponzi left and right for years.

Now that Bitcoin is out of that storm and actually backed up by many very prominent figures it will be much easier for it to reach its potential, which is well beyond $200k per coin.

Market cap of gold is $7T. If Bitcoin reaches $200k its market cap would be about $4T. It would be quite amazing, but maybe you have a point. Earlier today I read that gold bugs are transitioning to Bitcoin.

The total amount of money is something like $200T by the way.

Where did you get the $200T figure? The last one I recall was around $60~80 T excluding derivatives and just over $1Q with derivatives included, but maybe I've remembered an outdated figure.

[MFY151]

October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?

I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.

I'm not surprise since that was my main expectation about bitcoin and the reason why I invested to it. I believe in bitcoin's potential that is why I expected it to reach higher value at the end of the year.

[liivii]

For bitcoin going down to $5000 does not surprised me. It will be temporary of course and bitcoin will find a way to grow again. This is normal for some traders of bitcoin and I bet some are happy since it is their opportunity to buy some bitcoins again. After some months it will rise again and the cycle of trading continues again.

Yeah me too, many have attempted to beat the bitcoin but none of them succeeded because bitcoin is the best among them and our future money. Even bitcoin going down there's no way an altcoin would beat it because bitcoin have a mark in the online industry. And I think before the year ends bitcoin will go up in $10000 because of the investment of the businessmen, and this will benefit all of us who save plenty of bitcoins.

[yuto7]

I was surprised of course. But it would be the price which should be more startling next year.

[VayneAurelius]

I was superbly surprised by the bitcoin price nowadays. I didn't expect it to be like that and I think this is because of the success of this cryptocurrency. I wish it will continue for us to be able to achieve what we want. More power

[akmittal]

Yes!!! I am very much surprised with the pumping in Bitcoin. However I listen that Bitcoin will touch $10000 in December. Now it looks Bitcoin may touch $10000 in December.

[DylerTurden]

I tried to leave all my expectations behind in the crypto market.
Crypto does what you dont expect.

[Jupeter]

Well i am very surpise with the price of bitcoin right now, eventhough bitcoin is getting bloom in this world i dont totally expect that the bitcoin price of it will rise, up to $8,000 just wow and we will more suprised if the bitcoin price will reach $10,000 before this year will end.

[tiger2monkey]

Yes, it is pretty amazing and surprised to see how bitcoin grows in 2017. It's price increased almost 10 times from beginning of the year to now. 2017 is a great year for bitcoin.

[unknown-user]

October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?

I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.

It is absolutely surprising. The market value of bitcoin last year is only 1000 USD and at this moment, it is now having a market value of 8200 USD and is still getting higher. Just to think how big it increased within just a uear would really surprise anyone here in its community. Hoping that it will be more expensive in the future.

[Bella Thorne]

Totally i am very surprised because it is very fast or very quick to increase the price of bitcoin, and i think when the price of bitcoin will rise again and i think it will rise up to $10,000 and i will not be ever surprise when that will happen because i know the powers of bitcoin and i know now whats the bitcoin can do even with little of time.

[MuhNofa]

of course I am surprised at prices like this before I have monitored the price is stable at 3500 $ and now it reaches 7000 $ more so this is very sudden and surprising for everyone who play in crypto world dear I did not buy bitcoin when price 3500 $

[Zemomtum]

October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?

I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.

Yes I am surprised when I heard that new bitcoin price is now. In our country it is difficult to find such a great value. In our country if you coconvert her PH bill is worth 420312.06. We can say that you are lifted or rich when you have so much money. Many of the people here in the country are rich because of their bitcoin drop. So many others are more inspired .

[ZenaXF]

Now, of course, the surge in bitcoins means more and more people are increasingly bullish about bitcoin. So hurry up.

[Granslam]

October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?

I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.

Yes  and i know that after that bitcoin will go rise  again in $10000 so road to $10000 . in jan. 2018 so be ready your self to invest bitcoin while the value is low or buy bitcoin because it will doubled after this year.

[RamBahadur.Gurung]

To tell the truth, I am surprised quite a bit. I never expected the prices to rise so fast. If you look at the exchange rates for the last 2 years, then Bitcoin has risen by close to 4,000%. Is there any asset out there which has given these sort of returns?

[ROTCIV75]

Im not surprised yet as we expect more from it. But I’m excited about the price and really thinking to invest more into bitcoin. Yes people will start buying the bitcoin like crazy now. If you checkout the exchangers then you will see all the green signals. Its already +7-10% up and all the alt coins are down at the movement. This is good opportunity for those who are not holding any coin yet because though it is expensive it will still be beneficial to invest as it will go many more folds up with it. Im planing to construct my wealth bitcoin so it would be excitement rather than surprises to see it go that much high!

[LadyNymeria]

I know that bitcoin has a lot of potential but I still get surprised at how fast the value is going up. I still expect it to rise up in the next few days and months.

[rinny]

Those who are new to bitcoin wouldn't be surprise in its current price. Because they did not know what is the drama behind its bullish run.

[Rubble898zaitO]

Not much. I've had much trust in its potential ever since it increased drastically mid of this year. Just wish i had invested earlier.