GAUMZEE (OP)
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November 30, 2017, 07:34:33 AM |
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What has led to the record surge in Bitcoin value ?
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Laland
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November 30, 2017, 08:34:39 AM |
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Well i think their are many miners now since the beginning and a lot of the stored coins wre sold. This is just what i think other than countries investing in bitcoin. But i hope this is not the end if its price increase, there lot of things to hope for next year.
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madentopere
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November 30, 2017, 08:53:02 AM |
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What has led to the record surge in Bitcoin value ?
Many new sites start to invest in Bitcoin , huge sites may accept bitcoin in future , Some countries have good future sense for bitcoin and finally Bitcoin not need reason to increase . |
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popeye95
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November 30, 2017, 02:59:03 PM |
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What has led to the record surge in Bitcoin value ?
Many new sites start to invest in Bitcoin , huge sites may accept bitcoin in future , Some countries have good future sense for bitcoin and finally Bitcoin not need reason to increase . Agree of bitcoin more and more being use and people more aware of it but I still think the price is in bubble zone when it in Nov or Dec of the end year. |
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dunfida
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November 30, 2017, 03:53:43 PM |
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What has led to the record surge in Bitcoin value ?
Many new sites start to invest in Bitcoin , huge sites may accept bitcoin in future , Some countries have good future sense for bitcoin and finally Bitcoin not need reason to increase . Agree of bitcoin more and more being use and people more aware of it but I still think the price is in bubble zone when it in Nov or Dec of the end year. I do agree on this one which when holiday season price of bitcoin tends to rise up which it did able to reach new heights without even expecting that it would really be that fast we did see new ath of 11.400 usd but now are going back on 9k usd price range which its already anticipated since that point is the best spot to secure profits for the holiday season.Price corrections would really continue on first month of 2018 just like what happen on every new year into bitcoin. |
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teddy5145
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November 30, 2017, 04:03:22 PM |
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What has led to the record surge in Bitcoin value ?
A pump almost happens when in holiday seasons, not sure why but its always been like that since every year  A big pump will result in a big crash/correction, you can see how the price went back to $9k. This will keep happening for a few days before the price went back to normal, If you got some extra cash laying around you can buy Bitcoin right now before the price went up back to $10k  |
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solarion
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November 30, 2017, 04:23:50 PM |
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What has led to the record surge in Bitcoin value ?
However, now bitcoin value turns back to correction I think because now price of btc has been dumped little from the spike we found yesterday. If you are a short term investor you can sell it out now to make the profit. If your concern is long term profit you have to wait for year also you will make money doubled. |
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Willitivity
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November 30, 2017, 10:49:14 PM |
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What has led to the record surge in Bitcoin value ?
Bitcoin is currently gaining much attention and alot of people now want to get in to the train. Alot of people are now pulling away from other investments to invest in Bitcoin. |
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Bigbangcrazy
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December 01, 2017, 05:30:31 AM |
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Christmas bitcoin will decrease. And then it will rise up quickly. I think it will probably exceed 13000$
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Kemarit
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December 01, 2017, 04:13:03 PM |
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What has led to the record surge in Bitcoin value ?
Bitcoin is currently gaining much attention and alot of people now want to get in to the train. Alot of people are now pulling away from other investments to invest in Bitcoin. This could be another factor why bitcoin is gaining.. AGAIN. It has retracted when it reaches above $11,000 couple of days ago but it look likes we are on track on hitting $11,000 because there's good news coming our way, If you haven't heard it yet, CME is now officially offering bitcoin future contract starting Dec. 18 so I'm expecting that the price could spike in the next coming days. I don't think that with the today's price, CME rumors are price in. And as you have said, bitcoin is gaining wider audience from all walks of life, casuals, mid investors, dolphins and of course whales. I'm expecting that with this news, bitcoin will again touch $11,000 and everyone is really trying to get into the boat. They don't want to miss the opportunity to get in today and profit later. |
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canaveralnonie
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December 01, 2017, 10:30:03 PM |
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What has led to the record surge in Bitcoin value ?
Bitcoin is currently gaining much attention and alot of people now want to get in to the train. Alot of people are now pulling away from other investments to invest in Bitcoin. This year 2017 is a big break to Bitcoin than the other previous year. Just for example, way back time from July 2010. One Bitcoin is equivalent to $0.08 only. Imagine how far the currency of bitcoin this November 2017. For me, Bitcoin gained high currency because many countries accept bitcoin in their community. The demand of changes like evolution of technologies. |
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Hydrogen
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December 01, 2017, 11:14:57 PM |
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It looks like there was a sell off which dropped BTC below $10,000. A sell off doesn't imply bitcoin is less valuable or that there is a valid reason the price should decrease. The price falls due to simple supply/demand. On a sell off it means there is substantially more selling than buying, under these conditions the price inevitably goes down.
This process is very different from what traders call a "price correction". A price correction occurs when something is overvalued. Bitcon's dip was caused by a lot of people dumping BTC, which has nothing to do with how much it is worth. People dump BTC when they feel satisfied with the price and decide to cash out. It has happened when bitcoin was priced at $2,500 and many other values over past months.
When the price dips on a sell off, the typical thing that happens is it shoots back up, afterward as the dump was the only reason the price declined and once removed the value reverts to what it was.
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Pasnik
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December 02, 2017, 02:57:04 AM |
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Bitcoin is full of surprises the value will even reach high of $11434. This is really amazing that we could earn huge profit by investing in bitcoin. It will recolrd hitting more than that although price drops it will rising high.
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katrimans
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December 02, 2017, 05:37:21 AM |
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What has led to the record surge in Bitcoin value ?
Bitcoin was already the most famous coin out there but now more and more people are moving towards it and also making a good amount of money from this. The demand of the coin is increasing day by day so it effects the price so by looking at this we can say that it will still increase. Bitcoin has reached the high value of $10000+ and will still increase every day as it demand is increasing. I think this too the best time to invest as it will grow more and more. |
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gabbie2010
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December 02, 2017, 06:58:11 AM |
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What has led to the record surge in Bitcoin value ?
Once the $10,000 barrier was broken there is no going back any longer I believed there is a corrections going on presently before the surge continues in days ahead we are going to see massive bullish movement due to bitcoin high volatility of bitcoin. |
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deadsilent
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December 02, 2017, 07:01:52 AM |
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It could be break its all time high again soon as CME will welcome Bitcoin to their platform. "We are pleased to bring Bitcoin futures to the market after working closely with the CFTC and market participants to design a regulated offering that will provide investors with transparency, price discovery, and risk transfer capabilities."https://news.bitcoin.com/cme-group-to-launch-bitcoin-futures-december-18/CME group inc. is an american financial market based on Chicago, US. This will be huge since many big players will join Bitcoin. I expect also Bitcoin will hit other financial markets in the future. NASDAQ, NYSE? What's next? |
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ralle14
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December 02, 2017, 08:45:33 AM |
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It's because of the airdrop and the hard forks of bitcoin helped too because many of us dumped our coins and bought more bitcoins. Demand for bitcoins are still increasing because there are a lot of things that we can do other than making more money out of this coin. Bitcoin has reached the high value of $10000+ and will still increase every day as it demand is increasing. I think this too the best time to invest as it will grow more and more.
The best time to get some bitcoins is to buy them when the price starts to go down. 2 days ago it went down below $10k. |
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eyesopen
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December 02, 2017, 08:50:13 AM |
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Bitcoin is more and more in everyday news now because of its surge
So more and more people are becoming interested.
They are asking what is digital currency? What is bitcoin? What is crypto?
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endlasuresh
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December 02, 2017, 05:47:24 PM |
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It is due to members increasing to invest in Bitcoin and a lot of online sites are too accepting Bitcoin. The only increment is due to holding Bitcoins and selling them for high price.
I see a lot of threads where people are asking everyday Is it time to invest in Bitcoin even the rate was $10k. I hope people are making a lot of money those who have invested years back in Bitcoin.
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December 02, 2017, 06:07:24 PM |
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Bitcoin is full of surprises the value will even reach high of $11434. This is really amazing that we could earn huge profit by investing in bitcoin. It will recolrd hitting more than that although price drops it will rising high.
It was easy money making opportunity when he btc crossed 10k and crossed 11k in less than 24 hours. So for short term traders they would ahve easily exited as soon as it crossed 11k because if even it had rose to 12k just in case it would have easily back as bound to happen because the surge was temporary and not based on any big news form anywhere. |
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