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Author Topic: Just in! $16000 in PH  (Read 448 times)
Shinpako09
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December 07, 2017, 03:18:59 PM
 #1

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong). As of now our price is ahead of more than $500 in bitcoinaverage in bitstamp.

$20k is still possible this year.
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December 07, 2017, 03:25:37 PM
 #2

$20k is still possible this year.
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December 07, 2017, 03:47:05 PM
 #3

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong). As of now our price is ahead of more than $500 in bitcoinaverage in bitstamp.

$20k is still possible this year.

Yea this is pretty amazing. I would not have predicted $16,000 this year for Bitcoin. It’s definitely getting pumped right now most likely due to the upcoming futures market and potential Nasdaq funds.

This ride could take Bitcoin to $20,000 this year at the rate it’s going now. It seems that people are shifting their money from the altcoins to Bitcoin right now.

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December 07, 2017, 03:53:53 PM
 #4

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong). As of now our price is ahead of more than $500 in bitcoinaverage in bitstamp.

$20k is still possible this year.
Old news, we're almost @ 17k on GDAX!

Seriosuly though, I wouldn't be surprised to see 20k by tomorrow. Funny thing is, every $1000 increase in the price has had a small correction/dip, around a $500-$400 decrease (@ $14.600 the price went down to 14k but it went back up very quickly, @ $15.300 it went down to $14.900 and it went back up again). The market is moving so fast that the small corrections don't last too long.

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December 07, 2017, 03:55:19 PM
 #5

You said we should correct you if you are wrong. Bithumb is trading over $19000 right now. I am sure we are all surprised because what we were hoping for before the end of the year has even crossed the line more than our expectation. At this moment, any value right now is possible. The funniest part is that the rate as to how fast the corrections are coming is just alarming. I am sure bitcoin is not even done yet.

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December 07, 2017, 04:00:57 PM
 #6

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong).
i have not checked the price of other countries for a long time now but Indian prices have always been much higher than normal. additionally some African countries started to have much higher prices recently also.
currently it is $16,500 in Zebpay and that is the lowest price.

Quote
$20k is still possible this year.

i am afraid it is. and it is not a good sign in my opinion. we may be in a bubble now. and a bubble burst is never good.

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December 07, 2017, 04:20:09 PM
 #7

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong).
i have not checked the price of other countries for a long time now but Indian prices have always been much higher than normal. additionally some African countries started to have much higher prices recently also.
currently it is $16,500 in Zebpay and that is the lowest price.

Quote
$20k is still possible this year.

i am afraid it is. and it is not a good sign in my opinion. we may be in a bubble now. and a bubble burst is never good.
$16500 price is astonishing, we're not in bubble(yet). we're finally going mainstream.  Wink  there will be a correction soon. on golix bitcoin is trading at much higher rate, $22k per bitcoin!!

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December 07, 2017, 04:42:51 PM
 #8

You said we should correct you if you are wrong. Bithumb is trading over $19000 right now. I am sure we are all surprised because what we were hoping for before the end of the year has even crossed the line more than our expectation. At this moment, any value right now is possible. The funniest part is that the rate as to how fast the corrections are coming is just alarming. I am sure bitcoin is not even done yet.
Everything happens so fast, we can see that the prospect of investing in bitcoin is the right choice. I feel this is an opportunity, in various exchangers now it's getting crowded once about bitcon speculation. In addition, the volume of transactions that occur have been very surprised me several times. In this world there are hundreds of exchangers and everything is moving in a positive and so fast. Bitcoin can not be stopped and bitcoin will stop increasing if the chance is gone.
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December 07, 2017, 04:50:17 PM
 #9

$16500 price is astonishing, we're not in bubble(yet). we're finally going mainstream.  Wink  there will be a correction soon. on golix bitcoin is trading at much higher rate, $22k per bitcoin!!

If this is not a bubble to you then I don't know what you're thinking about the recent price rise. I'd rather have the price stay somewhere hovering at $11k-$12k like a few days ago rather than having short bursts of almost $9k in just a week. I'm genuinely concerned about a potential bursting of the bubble if the coin becomes overbought, though anything above $10k is still bearable.

It's amazing, but we're not getting mainstream yet.

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December 07, 2017, 05:34:29 PM
 #10

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong).
i have not checked the price of other countries for a long time now but Indian prices have always been much higher than normal. additionally some African countries started to have much higher prices recently also.
currently it is $16,500 in Zebpay and that is the lowest price.

Quote
$20k is still possible this year.

i am afraid it is. and it is not a good sign in my opinion. we may be in a bubble now. and a bubble burst is never good.
$16500 price is astonishing, we're not in bubble(yet). we're finally going mainstream.  Wink  there will be a correction soon. on golix bitcoin is trading at much higher rate, $22k per bitcoin!!

Bitcoin made a best move now.It price is moving forward now.Many of the people in this forum will had expected this value at the year end but this is happening with in 24 hours.What a powerful Bitcoin.

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December 07, 2017, 07:09:50 PM
 #11

You said we should correct you if you are wrong. Bithumb is trading over $19000 right now. I am sure we are all surprised because what we were hoping for before the end of the year has even crossed the line more than our expectation. At this moment, any value right now is possible. The funniest part is that the rate as to how fast the corrections are coming is just alarming. I am sure bitcoin is not even done yet.

Yup, I was about to mention this! I thought $16000 was already the peak for this day, but no -- $19000?!?! JUST W O W ! I was just writing in a thread yesterday of how it would be a blessing if Bitcoin reached $15000 by Christmas day and look where we are now. It's amazing how fast Bitcoin has risen in a span of days, even hours! But as haroldtee mentioned, its increase with regards to the effects it has brought to the corrections should be minded. May this fast increase not bring a tragic downfall anytime soon, or history may repeat itself.

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December 07, 2017, 07:13:43 PM
 #12

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong).
i have not checked the price of other countries for a long time now but Indian prices have always been much higher than normal. additionally some African countries started to have much higher prices recently also.
currently it is $16,500 in Zebpay and that is the lowest price.

Quote
$20k is still possible this year.

i am afraid it is. and it is not a good sign in my opinion. we may be in a bubble now. and a bubble burst is never good.
$16500 price is astonishing, we're not in bubble(yet). we're finally going mainstream.  Wink  there will be a correction soon. on golix bitcoin is trading at much higher rate, $22k per bitcoin!!

Bitcoin made a best move now.It price is moving forward now.Many of the people in this forum will had expected this value at the year end but this is happening with in 24 hours.What a powerful Bitcoin.

No one can say if we are in a bubble or not with certainty but one thing I am sure of is that growth like this is not healthy and not sustainable. Bitcoin has gone nearly 40% in two days, it can't sustain it and a painful correction will come. In order for bitcoin really to go mainstream and attract mass investors it needs some level of stability. Talking like 100-200% gains in a year not inside of 1 month. Gains like that are usually indicative of a bubble and many won't invest for fear of getting burned.

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December 07, 2017, 07:39:10 PM
 #13

Incredible, but GDAX is very weird right now, they are constantly having big candles of $1k of increase / decrease in just minutes, the market is crazy right now.

Old news, we're almost @ 17k on GDAX!

Sooner or later we are going to see the real 1BTC = 1LAMBO, it is beautiful to see that the price is over $17000 right now

Seriosuly though, I wouldn't be surprised to see 20k by tomorrow.

Bitcoin is giving me much more happines than my first girlfriend when i had 14 years old, lol


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December 08, 2017, 03:12:18 AM
 #14

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong).
i have not checked the price of other countries for a long time now but Indian prices have always been much higher than normal. additionally some African countries started to have much higher prices recently also.
currently it is $16,500 in Zebpay and that is the lowest price.

Quote
$20k is still possible this year.

i am afraid it is. and it is not a good sign in my opinion. we may be in a bubble now. and a bubble burst is never good.
$16500 price is astonishing, we're not in bubble(yet). we're finally going mainstream.  Wink  there will be a correction soon. on golix bitcoin is trading at much higher rate, $22k per bitcoin!!

Bitcoin made a best move now.It price is moving forward now.Many of the people in this forum will had expected this value at the year end but this is happening with in 24 hours.What a powerful Bitcoin.

No one can say if we are in a bubble or not with certainty but one thing I am sure of is that growth like this is not healthy and not sustainable. Bitcoin has gone nearly 40% in two days, it can't sustain it and a painful correction will come. In order for bitcoin really to go mainstream and attract mass investors it needs some level of stability. Talking like 100-200% gains in a year not inside of 1 month. Gains like that are usually indicative of a bubble and many won't invest for fear of getting burned.
I think this is happening because more and more people are taking a risk on buying bitcoin now that its on the mainstream and popularity. Getting burned from this rise is impossible because all other country and known companies are entering crypto currency.

For the $16k, possibly it will reach to 20k form the expected $10k that was already passed. Enjoy your HODL everyone.

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December 08, 2017, 03:18:28 AM
 #15

End of the 2017 will be $19.000-20.000.

I think Bitcoin price will be $70.000 end of 2018.

Bitcoin price increased % 484.45 in 6 months.

If Bitcoin even just increase % 484.45 in 12 months...

Price will be $72000...


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https://themerkle.com/michael-novogratz-predicts-bitcoin-at-40000-by-late-2018/

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December 08, 2017, 08:03:09 PM
 #16

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong). As of now our price is ahead of more than $500 in bitcoinaverage in bitstamp.

$20k is still possible this year.
You have not seen anything yet. We are just about to start and the train is still on slow-mo so that everyone can join now when there is still a chance. It has been a crazy move honestly, and I expected that anyway as those Korean guys are not smiling at all on bithumb and it is just getting pumped even the more.

I won't be surprised honestly if we get to $20k before the end of the year and I really hope the predictions about the massive correction will not end up happening.

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December 09, 2017, 04:08:26 AM
 #17

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong). As of now our price is ahead of more than $500 in bitcoinaverage in bitstamp.

$20k is still possible this year.

Yea this is pretty amazing. I would not have predicted $16,000 this year for Bitcoin. It’s definitely getting pumped right now most likely due to the upcoming futures market and potential Nasdaq funds.

This ride could take Bitcoin to $20,000 this year at the rate it’s going now. It seems that people are shifting their money from the altcoins to Bitcoin right now.
I would not have either. The thing is that most of us even expected bitcoin to hit the level of $15k before December ending and December is just starting and we have crossed that line already. Also, the rate of movement is becoming crazy and I sure do really hope it is going to be sustained in the long run. As I am seeing with the corrections now though, there is a real huge hope.

I really do not understand what is driving those bithumb guys and they just keep kicking it up like they just don't care. I am scared though and I really hope this would not resort to a huge massive correction, but anything right now is possible with the value and the level at which it keeps rising every single moment without any apology.

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December 09, 2017, 07:00:31 AM
 #18

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong).
i have not checked the price of other countries for a long time now but Indian prices have always been much higher than normal. additionally some African countries started to have much higher prices recently also.
currently it is $16,500 in Zebpay and that is the lowest price.

Quote
$20k is still possible this year.

i am afraid it is. and it is not a good sign in my opinion. we may be in a bubble now. and a bubble burst is never good.
$16500 price is astonishing, we're not in bubble(yet). we're finally going mainstream.  Wink  there will be a correction soon. on golix bitcoin is trading at much higher rate, $22k per bitcoin!!

just to be clear when i say a "bubble" i don't mean price is going down to $2000 like most FUDsters here who call bitcoin a bubble are saying.
what i mean is that i can no longer get a good feeling about the current big rise. and i think i am not the only one who is suspicious of the current rise to $19k in the past month. the correction already happened and price is staying at nearly $15k pretty nicely. i hope i am wrong and it stays here and proves there is real demand for bitcoin which caused the $19k but i wouldn't be surprised if it went back down to $10k and started rising properly like before.

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pinoyden
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December 09, 2017, 07:19:41 AM
 #19

just to be clear when i say a "bubble" i don't mean price is going down to $2000 like most FUDsters here who call bitcoin a bubble are saying.
what i mean is that i can no longer get a good feeling about the current big rise. and i think i am not the only one who is suspicious of the current rise to $19k in the past month. the correction already happened and price is staying at nearly $15k pretty nicely. i hope i am wrong and it stays here and proves there is real demand for bitcoin which caused the $19k but i wouldn't be surprised if it went back down to $10k and started rising properly like before.

then what do you actually mean when you say a bubble? do you mean the bitcoin will totally dissapeard/vanished or pop like a bubble in thin air? well me too that also what i mean when i heard the word bubble. the one your trying to say earlier is actually termed as a crash and not a bubble. a crash is when a bitcoin price drops or decrease from a huge percentage (e.g 60% to 70%) , crash is also mistakenly recognized as a correction but both of them are totally different.


The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong). As of now our price is ahead of more than $500 in bitcoinaverage in bitstamp.

$20k is still possible this year.

i think bitcoin prices are almost the same in all exchanges although there were some has a slightly less different.  also i beleive your using a coins.ph wallet right? because coins.ph wallet has two currency , one is for php and the other is btc  and i think you mistakinly see the php price instead of the btc price because both of them has a major price difference in which case php has a bigger rate when compared to btc.

ps: i know these things because im also using a coins.ph wallet and im oftenly mistakin by the php rate and btc rate. because youll need to swipe the screen to the left in order to see the btc price.
Kemarit
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December 09, 2017, 07:25:00 AM
 #20

The title says it all. We are now at $16156.02 here in the Philippines and I think we're the one who hit it first more than any other country(correct me if i'm wrong). As of now our price is ahead of more than $500 in bitcoinaverage in bitstamp.

$20k is still possible this year.

I'm pretty sure you dump some of your stash seeing the price jumping to $16,000 good call because after that the price begins to slide to ~15,500 as out today. I don't know though why coins.ph (I'm assuming this is your trading exchange) is premium. One factor why trading platform price is different because of the volume, so maybe a lot of Filipinos are really busy trading of something. But as far as $20,000, I not really sure to be honest, I say this because of the current dump from $18,000->$15,000. The mental barrier at $18,000 is too much that most of the traders suddenly jump and dump it. So its gonna be hard to reach $20,000 in my opinion. It we test $18,000 in the next couple of days again sustain it then we can assume that $20,000 will be touch, but if we see another dump, then let's say that we can safely get there in 2018.

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